➡ The host of the show “Middle Class” discusses how we often misunderstand what it means to be middle class and how we measure success. He argues that we should not judge wealth by how much money we have, but by our net worth, which is our assets minus our liabilities. However, he believes that the true measure of financial success is owning your own home outright, without a mortgage. This, he says, gives you freedom and opens up possibilities for investment and living the life you want.
➡ This text emphasizes the importance and value of owning your home outright, rather than having a mortgage or living beyond your means to impress others. It suggests that having a paid-off home provides security, peace, and a sense of accomplishment, and can be a valuable asset to pass down to your children. The author encourages readers to live comfortably within their means, and to prioritize paying off their homes over extravagant spending. He also highlights the freedom and opportunities that come with owning your home, such as the ability to make improvements without financing, and the peace of mind that comes with knowing your family will always have a place to live.
➡ The text talks about the freedom and peace of mind that comes from being financially independent. It emphasizes the importance of not having to rely on credit or loans, but instead having enough money to cover your needs and wants. The author encourages us to strive for a life where we can fully own our earnings, without having to pay debts or bills, and have the liberty to spend on things we enjoy or save for future plans.

I was thinking about it this morning before we got into this show, because the name of this show is, um. Hold on. Let me just make sure that I document that, because I’m gonna just go ahead and knock out that the name of this show is middle class. Right? And the reason that I named this thing middle class is because I believe that we have a very dysfunctional view of what being middle class is, of what being in the middle is, or what averages, even of what our goals should be.

And I get a lot of reports, and then I have to do a deep dive, and I have to do some research to understand where this data is coming from and if it’s even true. And then I start to zero in on certain cities. So, for example, they tell me a man, a rent moratorium is up, and it’s a whole bunch of evictions throughout the country. I want to know where and what demographic and what neighborhoods and what cities are the most affected.

And if they say that crime is, uh, being exploding over here or re. I want to know what kind of crime. Is it petty crime? Is it theft? Is a retail? Is it shootings? What is it? Right? And so, as I’m going through this stuff and as I’m looking and I’m really putting it together, and I think that the conversation needs to evolve even more, right. Because what we often say is how much money you got and you equate whether or not somebody is doing well by whether or not they can buy a lot of stuff.

It’s the cars, it’s the clothes, it’s the jury, it’s the rappers, it’s the lifestyle, flying here and there and so on and so forth, right? But then when you look at and I start to peel behind the curtain. So, for example, I may be talking to or maybe having a conversation about something that an NBA player has said, and then you go in and you look at the data and the statistics, and regardless of how much money, a lot of these guys, on average.

On average, that means that if you take the collective and then you divide it by how many people actually did it, then you get the average. And the average NBA player, for example, I’m sorry, the average NFL, NBA player, major sports league player, goes broke within five years of leaving their respective sport. Five. On average. That means you take the whole group. You’re divided by how many people in a group, and that’s how you get your data and your talking point.

On average, five people shout out to thinking, throw podcast. I’m gonna read that super chat shortly. I appreciate you. Five years before they go bankrupt, lifestyle money. And everybody say, yo, if I was making that type of money, I would do it different. But no, you wouldn’t. You would be in the same boat as everybody else because they just like you. They’re just like you. And so I started to deep dive into some stuff, and then I said, well, you know, we’ve already talked about the fact that you don’t want to look at wealth from how much money you got in the bank or how much money you make.

You want to look at it based off of net worth, right? And so I beat this into your head, and I say, net worth, net worth, net worth. Net worth. Net worth. And what is net worth? It’s the assets minus the liabilities, and that’s how much money you worth. It doesn’t matter how much money you got in the bank. It matters how much money you got access to.

Right. And so your net worth is largely the number that we use to gauge or to determine whether or not you are solidly this, are you solidly that? Are you rich? Are you poor? Are you middle class? Could you be able to survive for the rest of your life? How is your income coming in all of that? Right? But that doesn’t tell the full story. Here’s the question.

Here’s the thing that I really want to say to you guys as we get started with the show, because we got a lot to cover. We’re going to go over what $100,000 really means all across the country. We’re going to talk about people getting laid off. We’re going to talk about Google. We’re going to talk about these protests. Chicago residents are complaining we don’t even go into the news.

And deeper, dive even further than you ever dive before on the millionaire morning show. And going forward. But what is the real flex? That’s the question that we got to ask ourselves. Is it TikTok? Is it instagram? Is it being married? Two parent, household spirituality? What is it? Is it net worth? What’s the real flex when we talking about it from a financial perspective? Because everything all included you being able to pull ten times your weight with two people that are on the same page is phenomenal.

You having a decent net worth, awesome. But how do you really, on a personal level, when you remove all of the layers and you remove all of the social media and you got to go to bed tomorrow, when you wake up in the morning, how do you determine that you actually made it? And this is what I’ve come down to. And it’s a very, very, very simple thing whether you actually own your home.

Now, I’m not saying own as far as going to mortgage from the bank, your number one priority. I want to give you all a goal. I want to give you all something to work towards. I want to give you something, a milestone out. When I say milestone out, that means you start at the end goal and then you reverse engineer how fast it takes for you to get there.

When I pay a contractor, usually what we do is I don’t give them all of the money upfront, I don’t give them all of the money at the end. We milestone it out. So as you continue to progress through the project, right, when you meet this criteria, when you get this inspection, when you this far along, then I’ll release this amount of money and I’ll release this amount of money and I’ll release this money.

And that’s usually how we do with our contractors when it comes to web development, right? Whenever we give a contract out, we break it down based off of milestones and we can have five different milestones, four different milestones, depending on how big the project is. And we release the monies as they continue to progress throughout the project. And we show, we show exactly how much you have to go in order to get the next milestone, in order to get the next payment release.

And that way I’m happy I can see the progress. You happy? I know you ain’t defrauding me and stealing my money. Everybody’s happy. Everybody gets it. A bag, right? The new flex is, and this would be your number one goal. Your number one goal is to have a home that you own that is not owned by the bank and then issued to you in a form of 360 payments, that’s 30 years.

That’s the goal. Owning your home completely. And it removes all of the barriers. And this is how I came up with it. It removes every single barrier to what wealth should be like and it unlocks the potential of what you could do because you’re no longer bound by the same standards that the rest of society is going by. Everybody is out here paying rent, everybody is out here paying a mortgage, everybody is out here getting PMI and all of this stuff, right? But when you have a place to stay and you don’t have to worry about losing your home or not having to make a payment over to the bank or the interest payments or arm or rising interest rates and all of this stuff, boy, I’m telling you, and you don’t know it until you felt it.

The possibilities of what you can do and how you can invest and where you can start to empower yourself by having money going out to this place and that place and then doing this investment and then being able to live the life that you want to live is. It’s incredible. And I know people only get into the details. Oh, this interest rate or whatever. Look, bro, listen, I’m telling you, when you have a home that you can live in and let me separated because I know that it’s a lot of people that always like to get into the weeds and make it more complicated than it really is.

I’m not talking about an investment property. That’s cool too. That’s not what we talking about right now. I’m not talking about people looking at the home that they living in as an investment. I’m talking about your home being the place where you lay your head at night. And you don’t have to worry about whether or not you’re going to be living van life next week or if you get laid off.

You going to be able to figure it out. It may be a little rough, but you always going to be able to come home. And if your daughter is going through something or your son is going through something and they having a little bit of a problem in their life financially, they can always come home. Right? That’s what I’m talking about. I’m talking about the place that you make residence, the place that you live.

A lot of times we get so caught up in all of these terms and these talking points and we want to make it more than what it really is. Your home is a place that you’re supposed to have peace, tranquility, refuge. And then when you finally get to the point where you can start to break out and do things a little bit differently, because you don’t have to deploy all your capital and resources in order to be able to make sure that you can live.

It unlocks a world of possibilities. It just blows the doors off of every single possibility and exponentially multiplying your net worth. If you 100% own without payments now, you still got to pay your property taxes, right? But if you own that thing outright and see, think about what I’m saying and let’s really break it down. I’m not telling you to go and own a multi million dollar home because the property taxes is high on that.

I’m not telling you that you got to go out here, really break out. And what’s. I don’t care what the square footage is of your home. That’s irrelevant to me because it’s a whole lot of people that got a whole lot of jumbo mortgages and it’s eight banks involved in financing that property because they wanted to get a multi million dollar home. I’m not talking about people making payments.

I’m talking about the separation between the place that you’re trying to have in order to impress other people and a place that you have to go to in order to be able to seek refuge. Your home. Honestly, I value somebody that has a paid off home that they live in more than somebody that’s living in a multi million dollar property with a whole bunch of mortgages on it.

That don’t impress me. I mean, that’s cool. I like it. That’s cute. Lifestyle, popping, getting it, getting it going. That’s awesome. But you got a crib that’s paid off, man. You in there, bro. You way further along than the majority of Americans. And you are living the american dream. You can put up your white picket fence, you can go get some sprinklers, you can go and build you a deck.

Don’t finance it, right? You have something that you can pass down to your children when you pass away. You have an asset that you can pass down to them that they’ll always be able to come home to that can stay in the family. You know how good that feel to know that no matter what, this person will always be able to have refuge? If anything was to ever happen to you that your wife or your kids will always be straight and taken care of because they ain’t got to worry about being able to make a house payment or trying to figure out where they going to live.

It’s different. I want you all to start thinking about things more practical. I want you all to take from these shows and from these conversations. And when you go into the Patreon, you got a different mindset. Because when we start doing stock club or when we do our live streams or when I drop a video, I want you to go into it with a clear mind, not under duress, worrying about whether or not if you get laid off, your home is going to get foreclosed on and it’s going to go back to the bank.

After you made 260 payments, you didn’t make the 360 payments. I’m telling you, it’s different. You ain’t got to live extravagant. You just got to live comfortably. It’s about what you said is the goal. All of that financing and stuff, man, that’s the bank’s terms in order to try to finesse you into buying more and spending more than you really need in order to do things that don’t even impress nobody but yourself.

Real talk. I want you all to have different goals. I want you to have and be more intentional and stop living life based off of everybody else’s race and run your own race and get that crib and get it paid off. That’s y’all go. If you don’t have that, if y’all got vision boards, if you don’t have goals, if you’re not milestone in this out, if you’re not intentional, if every single payment that you make that you don’t give a little bit extra in order to go over to the principal.

We got a problem. We got a problem. All right. Okay. All right. Let’s get to it. Let me read some of these super chats and then we gonna get started with the show. I got a good one lined up for you. I got a good one lined up for y’all today. Thinking Throw podcast says dopest morning show out. Keep cooking ad. Thank you, my friend. I appreciate you.

Ishaan Dixon says, no, nobody talk about good character and money like you. We like to be, you know what I’m saying? An equal accountability smoke giver. We want to give it on a good side and a bad side. P Shank says mister Anton Daniels, the millionaire morning show. I enjoy your shows and I enjoy you being here. Thank you, my friend. I appreciate you, P Shank. DJ Kane in the building says migrants seeking refuge from the same places we take vacations to.

Is crazy. That crazy. Are we gonna dig into it? We gonna dig into it. Golden Pisces says most people get a mortgage, rack up equity and then sell in five years. I don’t know anyone has paid a mortgage in 30 that paid a mortgage for 30 years. Well, also, you don’t know anybody that actually owns their home because it’s owned by the bank. Come on, y’all. Listen, listen.

I don’t know who you know, but there is a large segment of people that don’t have a mortgage and they live in mortgage free. Listen to me. There is a large segment of people that is just landlo. They not talking about it. They not flexing about it. They don’t want you to know that they live in a good life. They don’t want you because then you’re going to get jealous.

There is a large segment of people. The first time that I ever seen somebody buy a car, first time that I ever seen somebody buy a car, cash. I ain’t even gonna cap. I’m gonna tell you the honest to God truth. I was in a Saturn dealership. You remember Saturn? You remember Saturn? I have bought this car. It was a saturn aura, right? And it was in the early two thousand ten s, I think, like that.

Or maybe a little bit before that. Before GM went out of business. No, no, it was, um, 2004, five. I don’t know. It was something like that. It was the first time that I had ever seen somebody, and I was in a finance office, and I was getting a car or whatever, and it was like a little black Saturn aura. And I made a mistake. And I oversee, like, the little sales thing from the finance guy in this.

In his. In his office, and it was sitting on his desk, and. And it was over to the side, and I was financing it. And at the time, it was like, yeah, okay, I’m financing it. I got this card on, or whatever, blah, blah, blah. And I looked over and I seen that somebody had paid cash. And I was like, wait a minute. I was like, somebody. And I asked him this.

The honest to God truth. I asked him, I said, somebody buy a car, cash. He was like, yeah, that guy that had just came in here. And I was like, like, what? It blew my mind. I was like, people actually pay cash for cars. Like brand new cars. They walk into the dealership, they sign the paperwork. They say, I don’t want a warranty. They wire the money over, or they just swipe their card or whatever, and then they just get the car.

And then they just go. He was like, oh, yeah. He’s like, Anton. He came in, he bought the car for his daughter, and then he just left out. And I was like, I don’t know why, but maybe it was just because I just wasn’t used to being in a position to be able to do that, even though I was making a lot of money. And I was just like, damn.

It blew my mind. I was like, people actually walk into the dealership and buy brand new cars and don’t even finance. And I was telling Rita, I remember this was so long ago. I was telling Rita, I was like, do you believe? I was like. They just walked in. And she was like, really? Because we had been conditioned for our whole life to think that that’s what she was just supposed to do.

We was conditioned our whole life to say, hey, listen, what you do is you get good credit, and then you go in and you just finance the car or whatever. And so when I started to unlock my mind, and it was just so simple and it was stupid. And I was like, I was thinking I was in my early twenties or something like that, and I was just like, people do that.

They just, they just walk in, they got the money. They got the money to be able to do that. What? That was crazy. Now look where we at. Until you see it for yourself, I’m not even sure that you know that it’s true. I don’t even know if you know that it’s possible unlock our minds. It seems so simple, but it’s a big deal. It’s a really big deal to be able to go to work and then get paid and then know all of your money.

Every single dollar that you have is yours. You ain’t got to give it to this company. You ain’t got to pay no credit card. You ain’t got to pay no financing guy. You ain’t got to give it over to the bank. Do you know what it’s like to not have bills like that’s supposed to be normal when you come home and you get your wireless and you get yo yo, you know, your direct deposit? You know what it feels like to get a direct deposit and have nothing to have to pay to just have it sitting there and you don’t even think about it.

That show budget is based off of whatever you want to spend on groceries or, you know, where you going to travel to or how much we want to allocate to this or, hey, listen, I want to set this money aside because we want to go ahead and bottom flights this month instead of next month. It’s, it feel different. You should feel it. You should feel it. Honestly, you should feel it.

Make sure I’ll tap into the Patreon link is in the description as well as pinned to the top of the chat. .

See more of The Millionaire Morning Show w/ Anton Daniels on their Public Channel and the MPN The Millionaire Morning Show w/ Anton Daniels channel.