Відео

Just bc you make 100k or more doesn’t mean you gotta spend like you make 100k in the 80’s

It's hard to build wealth when you "dress to impress"!

The pressure to look the part is a big thing.

High income doesn't necessarily mean happiness... But it must help a little 😂

Thx for the info!

Looking good and going nowhere FAST!

Thanks for this info.

I wish I understood the idea of Lifestyle Inflation earlier. I wasted so much money in my younger years that could have made a huge difference to my current net worth 😕

Valuable information as always. Thank you!

Buying liabilities instead of assets...that's my experience. Took a while to realize that I needed to do more with my money than just spend it on "stuff".

Its tough to save a lot of money when you live in an expensive city. Sadly thats the best place to be for work in my field.

I 100% agree that "looking the part" drains many people's finances. I know some very wealthy people and they tend to actually look "poorer". They care less about all of the material things.

New trend for 2025 the rich dress like they're poor! It's a real thing!

I like the idea of paying yourself (savings & investments) first and making sure you keep some of your money to enjoy life as well. Seems like a good balance.

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Another entertaining and informative video. Thanks

I met a few wealthy people that were more concerned about appearances and were overspending to keep up with their rich friends.

I live in the highest cost of living area. Makes it harder to save..

Over the years I've seen two friends, both earning huge salaries, have to declare bankruptcy due to overspending trying to keep up with their colleagues at work.

Great video, makes sense!

It's hard to build wealth if you're just spending all your money

I appreciate the sound advice you provide in your videos. I'm so grateful that I no longer live in debt! 🙌🏽

I really like the reverse budgeting strategy. Thank you so much for sharing!

Thanks for the helpful tips

#6 I thought wash sale rule says you are NOT allowed to buy a similar stock?? 🤔

Always enjoy your content. Nicely explained and presented.

Always learn something from your videos! ❤

I'm trying to take control of my finances. I'm very careful what I spend and don't use my credit cards anymore!!

I always find something valuable in your videos ❤

I need to concentrate on paying down my debts. I'm giving too much extra money to the credit card company 😢

Need to check my budget and see if I need to adjust after all the increases lately

I still need to max out my RRSP contributions before the end of 2024..

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Lots of great and timely information in your video. 👍

I had no idea you could try to renegotiate your bills, wonder if it actually works??

I need to max out my TSFA before the end of 2024

Thanks for the reminder. I still need to get my last investments in order.

I'm gonna try not to spend my work bonus this year and invest it instead.

There's a few things I still need to do before the end of the year...

Great video! 👍

Great suggestions! Thanks for this.

Love your videos.

Wow really nice

I'm constantly learning something from here.

These numbers seem way low. I suspect they're for middle-aged folks. Having $2.5M+ when you're > 75 doesn't seem like it'd be upper-upper class. For a 40 year old, it definitely would.

is this calculated for US? this data looks silly from a cheap/poor part of the world. I bet you are a king in Africa with these lower class numbers haha

What about old boomers who never spend a dime, and nowhas a net worth above a million, are the upper class.

Nicely presented information

Surprisingly I'm upper middle class according to this set of data. Perhaps I'm doing better than I thought.

Excellent video. It's so sad that folks have become increasingly savvy in trying to take advantage of others. Thank you so much for these great tips on how we can better protect ourselves.