7 Things I Stopped Buying to Make More Money

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  • Опубліковано 22 тра 2024
  • I’m in a financially good spot and it’s all thanks to autopilot spending habits I’ve cut out of my life. This way, the money that I save can actually work for me when I invest it in the stock market or put it back into my own business. In today's video, I go over 7 things I stopped buying to make more money.
    00:00 Intro
    00:15 #1 - New Car
    00:45 #2 - Souvenirs
    01:27 #3 - Unnecessary Luxuries
    02:04 #4 - Fast Fashion
    02:44 #5 - New Releases
    03:38 #6 - Quick Fixes
    04:39 #7 - Choose Your Vices
    05:06 My Criteria for Spending
    Disclaimer: Note this video is not financial nor accounting/tax advice and should be used for entertainment purposes only. Consult with your own financial advisor, accountant and/or tax advisor for advice related to your specific situation.
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    Gabrielle is a CPA and Tax Expert, as well as the founder of Balance + Wealth CPA, a licensed CPA firm that specializes in Tax. Prior to starting her business, Gabrielle worked as a Tax Manager at one of the Big 4 Accounting Firms for 7+ years, advising Fortune 500 companies. Gabrielle posts weekly videos on personal finance, business finance, and tax tips.
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КОМЕНТАРІ • 43

  • @digitraxanr
    @digitraxanr 11 місяців тому +106

    Thank you for this informative video. Being retired from the motion picture industry, I am fortunate to have some passive income. However, Gabrielle's videos help me save money that can be used for things that are more fun. 😊

  • @chinhwankim
    @chinhwankim 11 місяців тому +1

    Thank you~~!!

  • @sauravlahiry6951
    @sauravlahiry6951 11 місяців тому

    hi sis, ur videos are so informative and enlightening.

  • @hooshangmaster
    @hooshangmaster 11 місяців тому

    just fyi you could rent almost any car on turo for a couple of days for like 3-400 bucks to satiate your curiosity. Also fast fashion exists to allow you to experiment with certain looks/styles without sinking in a ton of money. for example back in 2013 i was into rick owens but tried out cheap brands like allsaints, and random tees on urban outfitters. only wore those clothes like 10 times. I think we all go through phases and the only way to learn is to make those mistakes to help us realize what's wrong.

  • @musicsensei1793
    @musicsensei1793 8 місяців тому +1

    You absolutely speak my language, Gabrielle! Glad to hear someone shares the same principles and values.

  • @rastaman39
    @rastaman39 3 місяці тому

    thanks for sharing your advice xoxo

  • @kidkelson
    @kidkelson 28 днів тому

    great advice thanks

  • @cerebrumexcrement
    @cerebrumexcrement 10 місяців тому

    very informative. i think im practical in my spending habits. my vice is im a lazy cook and i always want to eat something good. i wish i lived in a more walkable city. because everything is far from me, i tend to order food delivery which can really add up. when i traveled to tokyo, i actually spent less on food even though i ate out 1-2x per day.

    • @GabrielleTalksMoney
      @GabrielleTalksMoney  10 місяців тому

      glad you shared your vice! as long as it brings you joy and you save in other areas!

  • @blackgrandpa7652
    @blackgrandpa7652 11 місяців тому +1

    Thanks Gabi for another informative video🎉

  • @remuspierre7573
    @remuspierre7573 10 місяців тому

    Good advice

  • @Heihei_In_Paris
    @Heihei_In_Paris 11 місяців тому +2

    Great video as always, Gabrielle. Watching your videos is so much fun whilst learning the best practice of personal finance :)

  • @kyuchangjo
    @kyuchangjo 10 місяців тому

    Thanks for reminding about the souvenirs 😊 I will try not to buy in my July trip.

  • @farzadabdolhosseini7049
    @farzadabdolhosseini7049 2 місяці тому

    I feel like this is all just common sense, but I'm always baffled by how different people usually think.
    On fast fashion though: I seriously haven't found any brand that lasts long, but maybe I haven't been looking for long and I need to learn about the materials more.

  • @yohanrinsly5694
    @yohanrinsly5694 3 місяці тому +2

    Social media is sheer marketing

  • @BlackHand531
    @BlackHand531 3 місяці тому

    When it comes to tech, audio equipment tend to be the ones that keep their value the most. Every other piece of tech get out dated within a year.
    That being said, always buy an old top tier model before, buying a new budget model. They're usually built better to last longer.

  • @sobeso
    @sobeso 11 місяців тому +1

    With tech new releases it can be tricky these days, it could depend more on the person actual use case

    • @lindam.1502
      @lindam.1502 10 місяців тому

      If it TRULY brings you joy, do it

    • @cerebrumexcrement
      @cerebrumexcrement 10 місяців тому

      im still using my iphone x. im holding out for the iphone 15. its wasteful to buy the latest release every single year though since the changes are so incremental.

  • @van-mf6zn
    @van-mf6zn 11 місяців тому

    good video. What if used cars cost as much as new cars?

  • @nurseuniceRN
    @nurseuniceRN 2 місяці тому

    Omg. I also want to buy a JEEP!😂 But yeah, as cool as it looks, I don't think I'll be using it frequently *for now, but let's see.

  • @underthe1104
    @underthe1104 9 місяців тому +3

    Make your own coffee!

  • @mohammedosman88
    @mohammedosman88 11 місяців тому

    Thanks for your video. You are very smart and very pretty 🌹

  • @victormtzc
    @victormtzc 3 місяці тому

    It is fun to collect mugs!.

  • @vinceqiu8240
    @vinceqiu8240 11 місяців тому

    better to go with the FIRE route

  • @alleon76
    @alleon76 11 місяців тому

    are you going to do a Q/A?

    • @GabrielleTalksMoney
      @GabrielleTalksMoney  11 місяців тому

      what sort of questions do you have?

    • @alleon76
      @alleon76 11 місяців тому

      @@GabrielleTalksMoney I don't have a specific question, but typically youtubers do a q&a from time to time, to answer questions the viewers may have.

  • @TheExcalibur356
    @TheExcalibur356 11 місяців тому

    God i love this woman.

  • @mesuterturk5920
    @mesuterturk5920 10 місяців тому +1

    i guess something wrong with me i am not doing any of this but i am still broke 🙃🙃

  • @hwangsta
    @hwangsta 11 місяців тому

    Golf retreats aren't worth it??? ERRONEOUS!!!

  • @brianhill2676
    @brianhill2676 11 місяців тому +2

    good common sense tips. I fall into the category of buying new cars. I keep saying I wont; do it again but end up doing it because I like the latest gadgets on cars. I like to buy a plug in to do my part on the environment but man they are expensive. i will keep my 2017 CRV and just drive it to the ground .

    • @lindam.1502
      @lindam.1502 10 місяців тому

      Maybe delay this strategy until you have an electric car as it costs less to run and maintain

  • @enkadude
    @enkadude 3 місяці тому

    Buy No Name potato chips as they taste the same!

  • @fallen0509
    @fallen0509 11 місяців тому

    hot!

  • @hotchinahk
    @hotchinahk 10 місяців тому

    I think we will get on well together, it is not how much money you make yearly, it is how much money you save yearly, if simple life make you happy, just be happy🙂

  • @mbank3832
    @mbank3832 9 місяців тому

    You’re a great wife material

  • @lucristianx
    @lucristianx 11 місяців тому +1

    I need a map because I got lost in your eyes

  • @joerecto420
    @joerecto420 10 місяців тому

    Hi there Gabrielle, I really like your content; it's on point and very informative👏 🤍. Do you have a biz' mail and are you open for feedback? I just want to share my thoughts regarding on your videos if that's okay with you.