Відео

you give really good advice 😊

Are you controlling your money, or is your money controlling you?

You're a wise young man Ben....Keep it Up....

Such a gold mine of information in this video. I couldn't agree more, having capital is great but what good is it if it never leaves your index fund. But on the flip side living paycheck to paycheck is a recipe for disaster. So a healthy mix of being financially conscience but also being a producer is something I wholeheartedly agree with, that's why you see me coaching 4 days a week on top of my day job ;)

Frugal literally means "cautious, economical, prudent". It NEVER meant that you are a cheapskate that bought nothing and tried to live on peanuts. By the way the word ECO-NOMY literally means "managing your house" (from the greek words "οικος" (house) and "νέμω" (govern) ). Whoever said that "economy" means to by just one step upwards from living in a tent, other than silly people that wanted to make "content" for their books or online :/ Things are actually simple: A) Invest in life and things that are important to you. Buy good healthy food and a quality chair and desk (if you work from the computer), buy a quality bed and mattress - sleep is 1/3 of your day! - buy quality things that you use a lot and will last you decades B) Save money on frivolous things and do not buy them at all (e.g. expensive phones, cars, watches, jewelery, houses, brand products, etc. ) C) Take care that your house is neat and nice on the inside, do not bother much on the looks and the outside. D) Buy a cheap sensible car brand new and keep it forever (a Corolla is 27k brand new - it will last you many decades, never sell it. That way who cares about depreciation?) E) Try to be independent in general, not only financially. E.g. get some solar panels for your house. Buy a water filter, buy tools and learn to DYI some things that seem fun and not dangerous (electrical wiring? Dangerous. Avoid it unless you know what you are doing. Plumbing? Not dangerous. Try it out.) Life is not THAT hard. Stay away from hyperbole and you can have a nice life while living frugally :)

Great video Ben!!! Really enjoyed 😊

The cost per use was such a great point! Great video Ben!!

Yes, I buy so much in bed!!!

Great video! And wow, how do you live on so little?!? Does that include your mortgage/rent too?

great content

I think everyone should live frugally but we all need to find the balance that suits us. When you're young you're time-rich and financially-poor, later in life it flips over. The key is to live within your means. My wife and I got into serious debt about 20 years ago, mortgage size debt and one day it came to a head, we remortgaged the house, cleared the debts and we became "born again misers"! These days we're mortgage free and debt free, we never stopped saving into pensions and savings no matter what happened. These days I'm putting about 40% take home into savings, 25% is for bills. The rest is for groceries and gas for the car, if we have a lean month then leftovers goes straight into savings, some months we've done 60% into savings by just going without. I'm 52 and I want to retire before I'm 60. My mum died at age 63 and never got to retire, a good friend recently died aged just 49. My workmate one his friends recently died at age 57, just a week before retirement. No good saving all this money if you're never going to enjoy it, save it, retire as early as you can manage and then enjoy all the time you have left as reward.

Awesome content!

As a lifelong frugal person, the scarcity mindset became a real problem for me, it really starts to affect your mental health. You can have a ton of money in the bank and still feel poverty stricken and that just poisons your life. You're as rich as you feel so splurge once in a while, notably for things that will last.

cool video - this is realistic.

Ive had he same hair clippers for 15 years,so suppose unintentionally ive saved spending at hairdressers ,cant stand the small talk anyway :)

Live frugal but live with purpose (invest 2) and not punishment is what I'm getting from this video. I also found the 'what vs why' paradox interesting. Scarcity Mindset is something that isn't talked about a lot within 'frugal' or otherwise money saving forums - well done! Your whole video is well put together, has nice flow and messaging. Surprised you don't have more followers!

Great content. Keep it up. Airpods are bad for your brain, so try to avoid them.

At last, someone that is realistic about being frugal/spending less money.

Your videos are getting better and better, congrats! Where do you get those refurbished laptops?

1. Hv dedicated containers, 2. Use Calenders, 3. Get a whiteboard, 4. Morning and night routines, 5. Limit distractions..

I believe debit cards have the same fraud protection if you use it without your pin number. Thus, it is like a credit card. Only rime i use pin is if i want cash back. Otherwise, i never use pin, just run the card, and i dont even have to sign. I guess check with the bank that issued debit card to see how they handle fraud if using your debit card.

News FLash! No such thing as "High Yield" savings account!! DUH.

1. pay off debt (start with lowest amount) 2. Emergency fund (3-6 months salary) 3. Invest 4. Enjoy it (i.e. travel) 5. Give back

Rent alone is 2 grand. I have a baby. I pay bills alone as if I’m single. Then you have gas and electric, some people’s laundry, trash; pet, groceries etc. the mains is at least 3 grand. 😂

It's possible

my biggest debt is my wife

I am 68 and retired. What you say is all true and good advice. I started early, took advantage of my employer's match for the entire term of my 35 years with that company. It's pretty amazing how much you can accumulate without a lot of noticeable outlay each month. Good job on the video Ben. Hope people are watching and listening!

It is possible! My fixed costs add up to $954. I choose not to because that would be miserable, but it is for sure possible for some

I love your videos, I am new to investing . Are Robo accounts like Acorns, Wealthfront , any good to do . How do you buy the vanguard complete market with out a financial advisor getting involved ? I tried setting up a self employed account and a advisor said that you need a advisor to set up these accounts. Thanks for all you do ?

great video, need to address those credit card debts. I counted and it's like paying a Tesla Y every-month to the bank

1000 per month???? 😂😂😂 This a joke,right? 😂😂😂 In my country we live with 80 per month😂😂😂 1000 per month....😂😂😂 You hawe to be very rich to spend 1000,this is luxury here😂😂😂 you are funny anyway 👍😄

I literally live on 1000$ a month. In Cali on a property so no rent, solar setup keeps the lights on, but its rough.

Hi Ben , I am new to your channel just subscribe today . I cut my cable out to put that extra money on my credit cards. I will be debt free in 3 months. Is Acorns good to invest in? I not real knowledgeable in investing, and some friend of mine told me they make it easy . Keep the videos coming I going to look into mint mobile soon . Can’t wait to be debt free .

I love your smile 🥂❤

New subber here, I like the less to no-music bg and explaining things upfront, just like how finances should really be 🙂 more power

Valuable information, short, straight to the point. Good video :)

If on payday there is a leftover amount of previous month then transfer that to your savings.

No, i want 90K in 10 days. 😢

Your videos are getting better and better each time! 💪

Simplifying your finances is a game changer 🔥 much less stressful

Yes it is possible. I do it evert month. I am on ssi

Fantastic video! Glad I ran into your channel.

Thank you

How much does your seasonal expenses, eg auto insurance, etc. add to your monthly fixed expenses? How much do you have for variable expenses, eg food, gas, energy, etc?

No more social media for me!!! I feel so free……………

Ty!

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Don't invest in completely useless tattoos.