Passive Income Expert: Buying a House Makes You Poorer Than Renting! Crypto Isn't a Smart Investment (Video)

In this 12 January 2026 published video, host Steven Bartlett talks with serial investor JL Collins reveals why renting is smarter than buying, the biggest lies about investing, how tax and debt destroy wealth, and how small savings will transform your life!
JL Collins is a financial educator best known for his book ‘The Simple Path to Wealth’, which has sold millions of copies worldwide. He’s also the author of the JL Collins blog, including the renowned ‘Stock Series’, and has been investing for over 4 decades.
He explains:
- How “F-You Money” changes every decision you make
- Why mortgages lock up opportunity and reduce long-term freedom
- Why index funds outperform almost everyone over a lifetime
- Why working harder doesn’t stop being broke
- Why financial independence is about control, not consumption
https://youtu.be/FoeQUNASmTU
- 00:00 Intro
- 03:14 Common Misconceptions About Money
- 04:57 Financial Freedom
- 06:02 Successful People Often Have Trauma
- 12:58 Mental Benefits of Financial Security
- 14:10 What Is F.U. Money?
- 15:46 Buying a House Isn’t Always a Good Financial Idea
- 20:33 The Psychological Impact of Buying a House
- 21:47 Why Younger Generations Could Benefit From Flexible Living
- 25:20 The Easiest Path to Wealth
- 26:36 What’s Stopping You From Becoming Financially Independent
- 29:19 How Spending Habits Reflect Self-Esteem
- 31:17 Advice for Getting Out of Debt
- 35:50 Should I Invest in Bitcoin?
- 38:30 Should I Rush to Pay Off My Mortgage?
- 40:37 Interest Rates Explained
- 41:15 How Mortgages Work
- 42:23 How to Get a Good Interest Rate on Your Mortgage
- 46:24 Is It Safe to Invest in Stocks in the AI Era?
- 49:05 Emotional Impact of Investing Without Enough Money
- 52:20 Do Men Take More Investment Risks Than Women?
- 53:56 Ads
- 55:00 The Magic of Compounding Interest
- 1:03:22 Young People Don’t Care About Their Future Selves
- 1:06:55 Why You Should Invest for Your Children
- 1:10:15 How Much of My Income Should I Be Saving?
- 1:12:41 Deferring Taxes With Retirement Savings Plans
- 1:19:51 Index Funds vs Individual Stocks
- 1:27:26 The Beer Analogy (Stocks)
- 1:33:27 Don’t Sell When the Market Drops
- 1:34:56 Is Investing Just Gambling?
- 1:35:53 Are Financial Courses a Scam?
- 1:37:14 Ads
- 1:39:13 Do I Need a Financial Advisor?
- 1:42:00 What Does Your Portfolio Look Like?
- 1:43:07 What Are Bonds?
- 1:45:11 Asking ChatGPT the Ideal Path to Wealth
- 1:46:14 How Do I Earn More?
- 1:47:01 Why Failure Is Necessary for Growth
- 1:49:20 You Can Have a Small Income and Still Be Financially Free
- 1:59:40 What’s Your Biggest Regret?
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