15 Reasons Why JEWISH People Are RICHER

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Published 2020-09-10
15 Reasons Why JEWISH People Are RICHER
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In this Alux.com video we will be answering the following questions:
Why are Jews so rich?
How are Jewish people so rich?
Is judaism the richest religion?
Is judaism the most educated religion?
Are jews educated?
How is the God of Judaism?
What does the Talmud say about money?
What are the 3 basic beliefs of Judaism?
Who wrote the 13 principles of Judaism?
What is not allowed in Judaism?
What is the oldest religion?
What does Judaism say about poverty?
What does Tzedakah mean?
Who is the God of the Jews?
Where is Judaism mainly located?

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00:00 - Intro
00:33 - Judaism and wealth
01:15 - European Jews couldn’t own land.
01:54 - Religious opportunity was taken
02:21 - Opened the first banks
02:55 - Most educated religious group
03:42 - They look after one another
04:41 - Their religion teaches good business practices
05:18 - Resilience and perseverance are second nature
06:05 - Good financial education taught over generations
06:52 - Parents teach their children the value of money
07:49 - Wealth is managed effectively
08:30 - Networking is important
08:59 - Look at the past to plan the future
09:46 - Advice from one of the richest
10:24 - The simple truth
11:05 - Question
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All Comments (21)
  • I was once told by a Jewish person who grew up in Europe - "we could not own land and we were often exiled from various countries. You can't carry much property on your back, but you can carry knowledge. Knowledge is something no one can take away from you. " Jewish people place tremendous attention to their children's education. No wonder, they are so successful.
  • @loutlander
    Something I heard from my Rabbi - "People will work 8 hours a day for money, but won't sacrifice 1 hour a day for wisdom" Made me think twice who I'm really working for
  • Once you discover you can make $1,000+ from dividends each month without having to go to work, your view towards life changes drastically
  • The smartest business person I know is a Jewish person and he was happy to share information with me on several occasions. If you get the opportunity to learn from someone that knows more than you do about a subject, open your ears and take in the knowledge.
  • I read a book a few years ago called The Jewish Phenomena. It was quite insightful. One of the things I loved most is how they teach their children to focus on the things they love and are good at for a profession. If their child is creative, then they they focus on music, or film, or whatever suits them. If they're good with money, they focus on finance. If they love science, they become doctors or scientists. Etc. They don't force their children to learn a thousand different useless things; it only causes confusion. Which is why a lot of children have no idea what they want to do when they grow up. They have no direction. Love this video!
  • As a Jew I would like to add: Not all Jews are rich. My family left Germany somewhere around word war 1, and settled in England. My grate grandparents, invested all their money in a small motel, on a beach. They sold it later on, an invested as much as possible in my grandparents education. Later my grandpa became a dentist. Ny grandma a math teacher. He worked very hard, and made sure his children had a proper education too. Both my dad and his sibling, put all their time into learning, and received a free cambridge scholarship. Meanwhile, my grandparents moved to London, and bought a house. Over the years, the value of the house went up by hundreds of percent. With lots of family help, and inheritance, my grandparents bought three apartments, that also went up a lot in value. Now they rent them cheaply for students. My family always valued hard work, and good education. They were always very careful with money. I believe that's the secret of success.
  • @JimmyA.Alvarez
    The fin-Market;s have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $750k is down to $592k any recommendation;s to scale up my return;s during this crash will be highly appreciated.
  • Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life too 🙏🙏🙏
  • Like it or not, culture is huge in determining your level of wealth. If your culture (or family culture) doesn’t serve you, it might be time to expand your horizons.
  • Not all jews are rich. I have met jews who were as broke as any one else. Working hard long hours along with me. What I never heard from them, though, is blaming someone else for their problems.
  • @hillaryrowland1
    To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income particularly weekly or monthly basis. That's The key to being financially stable
  • One time I was discussing my financial matters with my friend who is also Pakistani. He said, " Listen, Muhammad, your best friend is your pocket," I said, " Wow, that's cool advice, " and then he told me that it is advice from my Jewish colleague. She told me this which I am telling you.
  • @galileo93
    I’m a Jew from Israel and feel I have to correct you on some points: 1. That thing with the jar? Never heard of it and never saw someone else doing it. 2. We don’t talk about money at home just as in any other society. Rich or financial educated adults will talk to their kids, but they’re the minority. 3. Don’t assume a businessman is legit just because he’s a Jew and might be following some religious ethical code. While it true some will go by the Torah, always judge for yourself and judge the person standing in front of you by his actions and not by his religion.
  • @jackdrought873
    As a Muslim who was born in the uk I can tell you one thing about Jewish people and that is they help each other out and what is being said on this video is true because I see it with my own eyes whenever I go into the Jewish area
  • Every family has that one person who will break the family financial struggles, I hope you become the one 🙏
  • As an African American born in New Orleans I have the utmost respect for the Jewish community here in our city. It was our Jewish who were first to answer the calls of Dr Martin Luther King during the southern Christian leadership conference in New Orleans. The Jews got here first with love and support - that's I stand with them in unity.
  • @serenity5755
    I'm Jewish; not wealthy - but not poor either, thanks to the values my parents taught me. First, they taught me not to max out my credit card! It happened once, in my early twenties. My dad paid it off (it was only about $2000) and I learned never to pay a cent in credit card interest again by keeping track of my income and spending. (I've been using Quicken for that. It really helps.) Second, my parents were store owners; so I learned to think like an entrepreneur early on. I worked in their store and learned how to deal with customers, etc. As an adult I only worked for someone else for 7 years; then took that knowledge (plus my own skills) and started a home-based business. That allowed me "not to put my eggs in one basket". Having many clients instead of one employer protected me from unemployment. Finally; I learned early on the basics of investment and saved for retirement. That let me semi-retire at age 50 instead of age 65.
  • @nikkiandy1352
    1. Work; don’t rely on charity 2. Entrepreneurship ; start a business 3. Lend money with interest 4. Develop a strong background in finance 5. Be most educated 6. Look out for others —- family and community 7. Be ethical 8. Be resilient 9. Invest in generational wealth 10. Learn the value of money 11.