Get The F–ing Money: Personal Finance Advice for the Young Man (and Old)

Money is something I’ve always fought hard for. Bad scarcity mindset, lack of confidence and lots of fear of not having it. It’s led to broken relationships and lots of anxiety & stress. Unnecessarily I might add. And I came up during a time which was a much nicer, prosperous globalized world where the world was literally your oyster. I can’t imagine what it would be like for young men in their teens and twenties now, looking out at their future. To make it now as a young man requires so much more focus, toughness and creativity. 

That’s why I keep going to watch Andrew Tate interviews because he is the guide for many young men these days for better or worse. I watched an interview he did with Bradley Martyn and Tate did a great breakdown on what’s happening right now. And why it’s so tough out there. 

Bradley: “What would you say because I know a lot of young men follow you and a lot of young men are interested in what you have to say about success and finding success. You found yours. What would you say are some of the most important things men can do right now if they're in their early 20s to figure out what they can be successful at because a lot of guys are wandering. 

Andrew: Yep. They are wandering. And not only are they wandering, they're also gambling. The system is completely broken. I think it's very important before we have these conversations we understand that the system that you and I grew up in and the system that especially our parents grew up in is fundamentally completely now totally

broken. 

The idea that you can go to school, get a degree, go get a good job, work hard at your job, get a promotion, start to save money, compound your money in the bank over time to buy a property which you own is bullsh-t.  All gone. Never going to happen. You're never going to get a degree, which puts you $200,000 in debt, then get a job and pay off that student debt and then save enough money to now buy a house and then pay off that house. You're talking by the time you're 70, you'll still be paying this crap off. Yeah. So, there's no way this works anymore. 

The traditional system that everybody was supposed to invest in which was good for society because 1) it  educated people 2) gave everyone a path gave everyone hope 3) gave everyone stability 4) gave everyone a home which gave them a vested interest in their societies. All of that's gone so young people today are effectively gambling.  When I speak to young men what they are doing basically is memecoins or crypto or literal gambling in a casino because they realize the game is so rigged they can't work their way out. They have to get lucky.

If you add into the fact that AI is accelerating and even more importantly a lot of the world's money is becoming heavily monopolized and I see this all the time, there are less and less small independent companies and there are more and more branches of Black Rock and Vanguard and these huge super conglomerates which are just sucking up all of the world's liquidity and all of the money is going to them. So you're living in a world where you have to gamble your way out. If you try and start a company, you're competing with monsters. And AI is coming and replacing jobs in real time.

Yeah. So, it's an extremely difficult position to be in. And unfortunately for young people, it's only going to get worse. So, every day you waste, I think the first lesson if you're a 22-y old trying to escape now. is that every day you waste, the game gets harder. So, you need to act now. You don't have three years. Your biggest weapon now in the world is time.”

It’s not a pretty take but I think he is exactly correct here. And it gets even worse as Tate continues. But he has some good recommendations which he starts with here: 

“And that's why you actually need to resist, I believe, traditional education. It's not that they steal $200,000 from you. It's that they steal four years from you. Time. Four years ago, ChatGPT didn't exist. You don't have four years to learn from a textbook from 1996. The biggest waste of time on the planet. So, you don't have time because the game's rigged against you.”

The second thing is that I think that every generation has its wealth, its large wealth generation event. I think that each age bracket of people had something that happened when they were alive that gave them the chance to generate a whole bunch of wealth. And for our parents primarily, it was property. People in the generation above us, they could buy cheap homes. Yeah. And the homes exploded up in value. 

And I think in the world we live in today, there’s only thing that's still cheap. In fact, it's cheaper than it's ever been. We already touched on this, information. Because you don't have to go to school to get information, and you don't have to get a degree to get information. And you don't have to hire someone who has the information to get information. You could just ask your phone. So, information is the new gold rush. It's the new cheapest thing that you can get hold of and everyone has access to it. It's true.

But most people are lazy. Most people are stupid. And if you get some good information and you get first movers advantage, you actually take action and do things before other people, there's still a way you can make money. But it's just having the perspicacity, my favorite word, to pay attention to opportunities all of the time and actually have the agency to act on them and to be quick because the world is so fast now you don't even have time. You don't even have a day to make a business plan. 

So, how do you know what to look for? Well, I'll tell you some ways I make. So in the age of financialized capitalism which is where we are, the most difficult thing about making money in the world today is that you need money to make. And this is what makes it so difficult to do because if you have no money in the first place how do you make money. Any Dip sh-t now can turn 10 million into 20 million. They just buy stocks and wait. That's it. It's not even hard. I mean Bitcoin's not doing what it's supposed to do but if you have enough belief you can buy Bitcoin and wait. Yeah. 

You know, in the olden days, if I said double your money, you had to take that money, go build factories and hire staff and sell whatever product you were producing to double your money. You haven't got to do that now. And the reason you don't have to do that is because you're buying into a monopoly. If you buy Amazon stock, you're effectively shutting down mom and pop shops all around the country because you're buying into the monopoly, which is crushing all the mom and pop shops because they can't compete.

So, everything's becoming monopolized. It's very difficult. So to make money, you have to find an opportunity or find a way to make your first chunk of money because it's easier than ever to turn money into money, but you need money in the first place and it's harder than ever to make money from zero. I think a lot of the money now comes from the arbitrage on the lack of knowledge in simple things. So if you can speak to boomers and basically use chat GPT for them, you can get paid. 

But it's getting off zero, which is the hardest thing. But a lot of it just takes agency. And there is an arbitrage now between the generation above us, which don't know how to use all of the things that the 17-year-olds know how to use. And I think this is where the money is. And that's going to disappear as the older people die. It's going to be harder for someone who is now currently five years old once they get 15 to call you and I and try and convince us to do something on a computer because we know how to use computers. 

So right now currently as we sit in as we sit here if you were to ask me

the best way to make money in the world today, it is to take advantage of the fact that there is a large subsection of the population that not only have all the money. But secondly, don't know how to do a lot of things that most young people already know how to do. And if you can leverage that correctly you can actually make quite a lot of money simply. That's the best way to make money in the world today. And that's going to change because how to make money changes every 10 or 15 years. 

Like I said before, not too long ago, 20, 30, 40 years ago, property was the way. Now, I think that is the way. What comes next, I don't know what's going to happen when every single person on the planet and the entire generation below us is grown up. We're grown up. Everyone knows how to use AI. Everyone understands what crypto is. Everyone's already done their own investing. Then how do you make money then? I don't know. But right now there's a huge arbitrage. So that's where the money is.” 

If you made it this far, I think it becomes much clearer on what you have to do. Have agency, take action. Find a customer segment, figure out their problem, and figure out a solution. Sell. Repeat rinse. Simple, not easy. Go forth young man. Works for old men too.