--- title: '10 Lessons for Teenagers to Get Rich Before 20' source: 'https://youtube.com/watch?v=26WlJgsJyvE' video_id: '26WlJgsJyvE' date: 2026-08-23 duration_sec: 668 channel: 'O Milionário ' --- # 10 Lessons for Teenagers to Get Rich Before 20 > Source: [10 Lessons for Teenagers to Get Rich Before 20](https://youtube.com/watch?v=26WlJgsJyvE) ## Summary The video presents ten financial and life lessons aimed at teenagers who aspire to become wealthy before age 20. Drawing from personal experience, the speaker emphasizes mindset shifts, practical habits, and the importance of purpose over mere money accumulation. ### Key Points - **Introduction: Learning from Mistakes** [00:01] — The speaker introduces the video as a compilation of ten lessons learned from personal experiences as a teenager, emphasizing that learning from others' mistakes accelerates progress toward financial success. - **Lesson 1: Don't Compare Yourself to Others** [00:57] — The internet is fake; many people showing wealth are actually broke, using debt to appear rich. Comparison destroys progress; focus on your own path and timeline. - **Lesson 2: Create a Purpose, Not Just Chase Money** [02:43] — Money is a consequence of purpose. Instead of obsessing over saving, define a larger mission (e.g., helping family) that will naturally generate wealth and fulfillment. - **Lesson 3: Don't Depend on Anyone** [04:45] — Parents are not superheroes; they are also experiencing life. Take responsibility early, move out when possible, and follow your own path to accelerate financial growth. - **Lesson 4: Learn How to Sell** [05:53] — Selling is the only skill that makes you rich. It's not just about products; it's about selling your ideas, projects, and yourself. Study sales strategies and rapport building. - **Lesson 5: Your Resume is Your Roof** [07:12] — The people you surround yourself with define your success. Choose friends who are ambitious and want to make money, not those content with mediocrity. - **Lesson 6: Start Saving Today** [08:03] — Learn to save early, even small amounts. Pay yourself first and set savings goals; this habit will compound and help you manage larger earnings later. - **Lesson 7: Exchange Status for Assets** [09:07] — Avoid spending on liabilities (cars, clothes) that drain money. Instead, invest in assets that generate income, like rental properties or businesses. - **Lesson 8: Learn High-Value Skills** [10:14] — Use your youth to learn skills the market pays for, such as artificial intelligence. Create projects and continuously stimulate learning to stay ahead. - **Lesson 9: Take Responsibility for Your Life** [11:06] — Your problems are your own responsibility. Acknowledge this to gain control and drive change, rather than blaming external factors. ### Conclusion The video concludes by reinforcing that financial success for teenagers hinges on mindset shifts, practical skills, and disciplined habits, with the final takeaway being full personal responsibility for one's outcomes. ## Transcript be rich someday. Perhaps you are between 14 and 17 years old, or even a little older. You watch all the videos about money, but you don't know is more normal than it seems, because you still don't know the lessons about be rich someday needs to understand the real lessons about money. It banknotes, or saving your money, you know. No, it's not, it's not that compiled 10 lessons from my own experiences, real experiences back when I was 14, 15, or 16 years old, I probably would have you only learn these lessons when you go through a lot of problems. And I went through learned from those problems. And with that, I want to gather all these lessons so you can simply learn from my mistakes and understand how you should you're a teenager, you have time to make mistakes. But the fewer mistakes you make, the easier it is for you to learn from the mistakes of others, the faster you'll get where you want to be, which is your first million reais. So the first lesson you is: don't compare yourself to others. The internet is fake. You spend all influencers making a lot of money, and think you're you never know which path to take, because you see one person favorite influencer saying something else. And where are you going? How are you going to You know, that's a really strong kind of pain that I see in young people, man. And she deals a lot with the issue of comparing herself to others. Comparison destroys the truly bring you money is not comparing yourself to others, using others own path. Let me explain something to you, man. Most of the people you see on the internet who have a lot of money, fancy cars, multiple houses, etc., most of them are broke. They are truly broke. If you look inside their cell phone accounts at the bank, at Santander, at Itaú, they won't have R$ 1 in their account. Everything is done through debt, financing, and end... This isn't real money, this isn't wealth, it's simply the social network trying to show something they don't yet have in order to achieve what they money in order to get more money. this, which shows that this doesn't exist in other countries, in the United States. People don't even care what you wear, what kind of car you drive, etc. But here in Brazil, of judging people by what they wear, the car they have in their never by how much money they have in their bank account. So, when you learn not to life is a little more real than you imagine. Sometimes, the guy you think , he probably doesn't even have 1 million sitting idle , but with credit he manages to starting today, do you want to earn money someday? Stop comparing yourself to others. Start living and building your own life. Everyone has their own time to make . With the internet, you can make money like this, see? In one year, So, you're not late. Beauty? The second lesson I want to pass on to you is something I should have taught to myself back then, to my 16 or 17- way. I always thought I had to chase after money, save as much as any means to try to accumulate as much as possible in the shortest amount of time possible . You can only make money the day you understand that money is a you can't treat money as if it's the only thing in your life. The first his kingdom and his righteousness, and all these things don't have to chase after money as if it were the last thing in your life. Create a purpose. For this purpose, the money will be generated. have a purpose to be a recognized guy, the guy from the biggest tech company of X thing. You don't need to make money in one or two years, is to one day become the recognized person you've always aspired to be and dreamed of, you will have way. So I think your vision needs to be a little less limited by R$10,000 in the account, I want to save R$1 create a purpose in your mind: to help my family, to change my family's life, to give my mother a house , to give my wife a house, to pay for my children's college. It's a much bigger purpose than you might think. When go through so much along the way that the money will keep coming, and coming, Because in the end, money for money, let me explain something to you right now, you happiness the way you think it will . It will bring you anyone, but in the end what remains is the purpose, it's what you've , ever since you were a teenager, to only earn R$1 million, you lose your purpose. So, starting today, stop chasing consequence. "Create a purpose in your life," he believes. You don't need to create something, but try to find something. You won't find it overnight. As you achieve someday, and from that purpose, you will forge your own path to financial success. Third lesson: don't depend on anyone, especially not your teenager, man, a little younger, etc., you really get caught up in a vision of your parents, as if they were superheroes, as if they knew everything about life, as if they had the magic ball of truth, where everything they Then, when you start to grow up a bit more, around 22, 23, 24 parents are experiencing life for the first time in the same way you are experiencing it. And the only difference is that they are 20 or 30 years older, which is really quite a lot, a So you have to be realistic and understand that they have much more to offer than , but at the same time you can't tell you to stay in their house until you're 20 or 30 years old, you should take follow your own path. And that brings us to the topic I always talk about, the one your parents' house as soon as possible. Look, when you take responsibility, meaning you , the sooner you'll earn money, because money is a basic math of life that you 'll only understand when you cut the only really started moving forward after I moved in with my wife. Fourth very early on, around the age of 15 I had already learned it, and it really gave me direction in life. Learn how end up working for someone who knows how to sell. Let me explain something to you . Get that into your head right now, okay? Selling is the only thing that will make you okay? Selling is the only thing that will make you rich. Nothing else will make you rich except selling. Any company that doesn't sell, let it talk. Being a salesperson, properly speaking, is the most honorable profession there is. It's the You have to be a salesperson. But if I'm not telling you to, I don't know, become a ? That's not the point, but you have to learn to sell your projects, your life, who you are, your selling water. So, now that you're a teenager, 14, 15, 16, 17, 18, even up to 20 years old, enjoy it, you don't need to think about college or anything like that. In my view, that's not the case. Take advantage of this time to study a lot about sales, strong strategies, rapport strategies, you know, strategies that will really help you to people. This will help you so much that you won't talk anymore. You know those teenagers who ca n't see eye to eye, who can't when they talk? There are many people who watch me who are like that too. And you 'll only learn to look the other person in the eye when you learn how to sell. ashamed to grow in life. We even get to the fifth lesson for teenagers, which I'd like to talk about regarding money: your resume is your roof. So, the people you hang out with will define who you are. If you of people who don't want anything out of life, whose greatest ambition is to get want to work and earn R$2,000 a month for the rest of their lives, you're going to be you're going to be that person who also dreams small and earns little. It's starting today, now that you're a teenager? This age is the best time to everyone is kind of getting to know each other, etc. Here you'll meet people who just want to be something in life, who want to go against the system, who aren't the kind of row at school, they're always in the back, who like to joke around, but at the same time like to make money. Meet people who want something very big. That's a getting into college, no. I'm talking about people who want to make a lot of people who want to make a lot of money, trust me, you lesson: start saving today, okay ? My father always taught me a the lesson I'm about to tell you, which is this: stop saving and true. You have to learn to earn probably won't be able to earn more, because when you're a teenager, life, meeting people, and so on. Well, then, now is the ideal time for you to learn how to save, because if in the end you don't know how to save – the basics being paying yourself first and saving at least a portion of your earnings – even when you're earning 100,000 or 200,000 a month, you still won't be able to do want to live a life equivalent to what you're earning. And that's onwards, my friend: earn R$10 and save little by little, set goals. I want to save R$1,000, R$2,000, R$ will make a big difference for you in the long run, because when you able to organize your financial life much better than other people who and ultimately don't grow as much as you will . And that's why we get to the seventh lesson, which is to exchange status for assets. Remember when I told you of prioritizing the clothes a person wears, the car a person drives, and not how Taco, screw all that and start living your life. Do you want money in your account? You don't want to show others that you have more than they do. Otherwise money over silly things. Dude, you're a teenager, you earned some money, you 're not networking, you need to think about saving as much money as liabilities, that is, things that will take money away from you, such as a motorcycle or a car, you use that money on assets, that is, things that will bring you more money, investments, your own business that will bring you more Keep this word in mind: less passive and more active in your life. like, I don't know, you buy a car and you have to pay annual registration tax, gas, So this is a product that's a liability; you're always losing money. Now, an asset is a product, things you buy that will buy a house and rent it out. You buy a product and resell it twice over So you have to think about this from here. The math is simple. The more assets earn. And then in the future you can spend on liabilities, but not yet. The eighth skill that the market pays dearly for. Take advantage of the fact that you're young, that you have more than an adult. Because let me explain something to you, as start to have trouble studying the way I did when I was a time you have to study now, and learn a new skill that will pay off handsomely. One example is artificial intelligence. Dude, you're a teenager, possible about artificial intelligence. And I'm not telling you to, I don't know, learn how to use the app or the cloud, etc. No. I'm telling you to do something complex, use the cloud in the best way possible, create projects, and start stimulating yourself to learn new things. The more things you learn as a teenager, the better in the long run, because you'll have them to do best: the problem of your life being bad is entirely your own. Brother, let me tell you something. The problem is yours.