How to Get into the 1%… – The Credit Shifu

by YouTube Team

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We look at how to make money to get you into the 1% of earners. Basically how to get rich.
SONG FROM OUTRO
Track: Halcyon & Valentina Franco – Runaway (Heuse Remix) [NCS Release]
Music provided by NoCopyrightSounds.
Watch: youtu.be/5bj44xI2oWw
Free Download / Stream: ncs.io/RunawayHeuseRemix

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30 comments

The Credit Shifu October 3, 2019 - 5:49 pm Reply
node October 3, 2019 - 9:47 pm

The marginal tax rate is a bit misleading on this one. You mentioned that most of the richest people in America get most of their income passively. Capital gains tax tops out at 20%, which is a lot closer to what the ultra wealthy(probably top .5%) pay in the US. 1 person in every 200. That's still a mega shit ton of ultra wealthy people paying less than your average Joe.

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NC Styles October 3, 2019 - 10:16 pm

1%? Start a business, win the lottery, or huge law suit settlement.

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NC Styles October 3, 2019 - 10:20 pm

Trump inherited his wealth. Not self made.

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Señor Bautista October 3, 2019 - 10:34 pm

I am part of the 1% … cash back😕

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Edgardo Rodriguez October 3, 2019 - 11:23 pm

Why you keep sponsoring an app that sounds awesome but crashes on Android 100% of the time. They even dont have support.

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Jackson Welch October 4, 2019 - 12:09 am

MaxRewards is a great app however still very rough around the edges. Great idea, wish it worked better.

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RedMatter October 4, 2019 - 2:35 am

To be clear, the thresholds you mentioned are not individual salary, it’s total household income. So a married couple could each be making 200k+ and combined they’d be above the 1% threshold for household income. In comparison the USA individual salary 1% threshold is closer to $300k.

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Alexander Hernandez October 4, 2019 - 4:47 am

Can you review the new credit one / American Express card?

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champstar9669 October 4, 2019 - 5:44 am

Unsubscribed due to you repeatedly promoting an app/product that doesn't not work "as described." You are severely damaging your credibility by acting in such a way. Putting your own ad revenue above giving honest reviews. You also mentioned there being no personal benefit to helping smaller YouTube channels. You are making it blatantly obvious that you are only here to serve your own interests/agenda. Either you have lost your way…or I've been wrong about you being a decent person all along.

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mama October 4, 2019 - 8:05 am

By your credit score

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I Parry U October 4, 2019 - 10:40 am

I’m in the 1% yey

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Usman Hasan October 4, 2019 - 12:04 pm

Hey Shifu and community, I’m at 3/24 (discover it, Amex gold, chase freedom) and recently got rejected for a CSP for having too many cards opened quickly. How long should I wait before reapplying? Alternatively, should I try applying for the Hyatt card first?

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Viet Tran October 4, 2019 - 7:31 pm

Top 1% of income is not the same as top 1% of wealth. How much wealth does one needs to have in order to be in the top 1% of wealth.

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Spamuelpeela October 4, 2019 - 7:58 pm

Quick question.. what credit score and income should you have to get approved for amex everyday? my score is 706 and my income inst the highest (about 10,000 a year) since im a full time student i dont have time to work as much. thanks!

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Charles Shyu October 4, 2019 - 8:14 pm

How could most people in the US be in the global top 1%? If there are 7.5 billion people in the world, 1% of that is 75 million. Half of the US population is already way over that number.

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MJM October 5, 2019 - 2:45 am

this video was just creating trash I think

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Malik Marcus October 5, 2019 - 11:42 am

.. stonks

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Zero g October 5, 2019 - 5:49 pm

credit shifu advises the world on "How to become rich" and takes an uber to work and flies economy. good job man

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SNR October 5, 2019 - 5:51 pm

I forgot what it was specifically, but your approach rubbed me the wrong way. I have watched a few of your videos but I feel like true colors are really showing themselves on this one. Just wondering if anyone else is noticing? Maybe be more responsible with your tone and word choice. But hey we are who we are, be yourself those who are cool with it will continue to uplift you. Only mentioning this to try to give the benefit of doubt

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Ecohoneybear October 5, 2019 - 6:39 pm

The Maxrewards app is seriously broken, at least for Google play users. I love the idea, but you may not want to have this brand attached to yours until they have fixed the many many problems.

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Matthew October 5, 2019 - 9:52 pm

You only need $32k to be in the 1%.

Liberals: does not compute, this is racism.

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The NonPlayer October 6, 2019 - 5:32 am

Canada up to 53.53% not mid 30s. taxtips.ca

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Slava - Money October 6, 2019 - 5:36 pm

Way to go! $478k is quite a challenge 🙂

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Rezalion October 6, 2019 - 11:15 pm

There's no way to guarantee your ticket to 1%

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Harsh Times October 7, 2019 - 8:14 pm

The sell out things you do. What’s the point of making a video just so it gets clicks.

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Justice Velasquez October 8, 2019 - 1:14 am

can you do a review of the zoro card

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LessThree October 9, 2019 - 10:38 pm

I live in Jackson, lol. Bottom 1% here!

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Ray Thompson October 28, 2019 - 1:00 pm

Don’t bother wasting time here when Hackbits_ on IG can clear your debt for free

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Orkney Mgtow April 20, 2020 - 7:23 am

I wonder what of people dislike your video, strange

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