Thank you for your perspective. My husband and I are retired. He retired at age 51. We always lived below our means putting money aside for later. We have been able to help our children get started. We have been able to help others. Best advice is to live frugally and take care of your health. Be kind to others. Thank you again. I enjoy your channel.
I am 63, and the American Dream has turned into the American trap for me. My children and grandchildren have asked me...Nana, how do I proceed. I always tell them...take the risk, you may win you may lose...but regret, likely isn't gonna follow.
Having never made a lot of money, I don't have the luxury of solving problems by throwing money at a problem. Learn to think your way out of a problem rather than spend your way out of a problem. Obviously you can't always solve a problem without spending but often a) money won't solve the problem b) things can change on a dime and you might not have the money to fix the issue. The ability to problem solve this way has helped me so much in my personal and professional life.
Luckily I live in Switzerland, where life is good at all ages. Low taxes and good pensions. Education is free and university costs are very reasonable. Salaries are high if well educated.
@@GabeBult You really would like it. Great transport. Superb hostels and great scenery and loads to do. Expensive but if you hostel, buy your own food in a supermarket it really saves you money. English is widely spoken.
@@smartjoe5258 really depends a lot on the canton and city you live in. Zug and Zürich are known "tax havens". If you live in the french parts it's gonna be much higher. But compared to Germany or France, yeah taxes are low. On the other hand everything costs much more here....
Thanks so much for the inspiration, man. You, Matt D, Nathanial Drew, and a few others all in similar fields have probably had a large roll in the direction my life will take. I'm almost 17, moving out soon from my mom and sibs to my dad for a while, then out on my own soon after..... life is coming at me fast, and you and others have inspired me to not live the life of poverty and insanity that everyone around me lives. I'll be free, and it is amazing to see that people have done it and can do it. Thanks!
Great list Gabe! I agree with your thoughts on money. I think it’s an amazing tool to apply toward goals; it just shouldn’t overshadow what truly brings lasting joy, & fulfillment in life. I also appreciated that you brought up both, “risks” & “analysis paralysis”. It’s honestly scary to think of all the opportunities we allow irrational fears to sabotage. As far as, “one of the rules of life” I think people should break, I would say: Trying to conform to societal standards simply to please, & be accepted by others. There’s just nothing worse than realizing you basically created the life others wanted you to live...instead of the one that was right for you.
Despite all the craziness as a nurse i can not see myself retire early. I'm more interested on FI aspects of it.my goal is to work six months out the year and still able to have health coverage thru my job once I'm financial independent.
I think so too. Nursing is stressful and exhausting so longer breaks in between are crucial. Personally, I would love to not work during peak flu season.
The concept of working all your life then finally retiring is silly. I've taken 'mini-retirements' throughout my career or extended periods off where I did other things or took chances. It's costed me money but I have no regrets.
I worked 43 yrs and thought I could travel and do what I wanted. Not. Physically I can't walk to far or stand too long. Luckily, when I was young, I traveled all over the US and enjoyed it so much in my vw van. Ppl do all the traveling and whatever you want to do. You never know what the future will bring. Don't get married and having kids early. Learn who you are first, what you like and want. Keep loose from relationships, bad jobs and toxic friends/family. Get rid of them. For being young, this man knows a lot. Listen to him.
@Alvin Zarco Alvin, I think it's great to buy a van, modify it and travel. Need lots of cubbies for storage. Don't forget heat & a/c and solar, bc you don't know where you're going or will end up. Have plenty of cash hidden on you and not all in the same place, bc things aren't cheap, plus a way to cook and store food. Plenty of video's on u tube how to and what ppl have done to fix up their vans. There are van places to meet ppl and learn how to make money on the road by working for koa or park and get a spot free , plus wages. I'd wait till after the election, bc it may get bad in certain areas. You don't want to go near there. Have protection and do research on how to do it legally. Idk if there's a permit for the whole US. GOD AND JESUS FIRST AND PRAY. It's not always a nice world out there. Trust nobody and stay safe. I'll post if I find the van meet up or info. I found it- CheapRVliving. com or on u tube. He's been on the road 25 yrs. Has tips, tricks, places etc. Thought that might help you even more. Take care
I am living in Denmark and am taking my BA. It is free to do so here, and students actually get financial aid from the government. Studying here is seen as a job, so we get paid to do it. We only have to pay for our books, unless we just borrow them at the library.
This is an excellent video and I’m happy someone else is finally saying the things I’ve been saying for so long! Hopefully companies will move to shorter work days/weeks and colleges will lower their prices once people realize they don’t need to be slaves to a company or a degree program to be financially well-off, productive, or happy.
I feel like I’m so focused on minimizing stuff that I am distracted by not doing what’s important. We have huge goals and I think way too deep into them. I’m too safe :/ Thanks for the info though, it helped but that train sound when you were on the track scared the mess outta me! Lol
Good points. I know a lot of people who say you should live very frugally to pay off debts faster. While that is great advice. I also think it is important to spend money on certain things such as good quality food, dental care, etc. Investing in your health is important. So many people have a chronic disease by the time they retire so they can't enjoy the freedoms of retirement.
I completely agree. There future is right now. Some people are afraid to take risks. Who doesn't take the risk doesn't drink champagne. Greetings from Poland.
I work for a financial firm who promotes "practicing retirement," which sounds like what you plan on doing - taking time to enjoy life now, before you actually retire. My advice is also to: live below your means and, this will be controversial, don't chase a dream job (AKA, sell out). Get a day job at a large company with great retirement plan and health insurance benefits, and your dream job can be your hobby. It's worked well for me, but it's not for everyone.
I started watching this yesterday and then it said you deleted it! But I agree wholeheartedly with each and every one of these!! I've definitely talked about all of them to my friends.
Good suggestions BUT NOT necessarily true for most people. If you’re fortunate to have had a dream career, which I did, you CAN travel around the world twice, which I have AND still retire at a relatively early age. And not looking at higher education solely as a means to an end BUT to enrich my mind......life is a continuous learning process. There’s only a small number of Elon Musk, Steve Jobs, Bill Gates....and don’t count Zuckerberg because he is demonstrating poor character....who didn’t complete college BUT took relevant courses before embarking on entrepreneurial success. I contend changing the title of this video to “you MIGHT CONSIDER BREAKING”.
So for anybody reading this I would like tips and pointers. I want to buy a second property to either rent out monthly or use as an airbnb. I do understand living in Augusta Georgia I don't only make money during masters week it is not a hot place to be renting out for air B & B. I have good credit and was thinking of going to the county and looking over foreclosures. I knew people that bought a $40000 foreclosure with a settlement check paid in cash never even saw the house and they lucked out the house Is wonderful. I see a lot of people talking about using their 2nd homes as rental income total income but I'm unsure how they are able to do this when I 2nd home would be a second mortgage so........ the renters would pretty much be paying the mortgage. Anyway any pointers or tips would be greatly appreciated.
@@GabeBult Lol NYPD Sargeant So, benefits ,home owner ,traveler He has it figured out And, thanks for responding my sister pmo to your channel You have a new subscriber!
I’m from a country where higher education is affordable and we have a strong vocational education system where you can learn a trade. I understand your point of view, knowing where you come from and where you live. But I can’t help but feel, that as a society we would loose something irretrievably if we only think about the making of money. Of entrusting education to companies only, which is what happens when people learn in companies through working their way up. If I was in your position I would’ve very probably made the same choice, though
"Go where they ain't" to make progress when you can't keep up with the big kids. Brilliant advice I got from "The Education of an Idealist", by Samantha Power, former US ambassador to the UN.
Hey Gabe I am not really a person that thinks that college is necessary but I did get a scholarship to go for an associate degree. Many people think I should go to college because it’s being paid for. What would you recommend me? Thanks for your answer
Another rule people should brake is “to get a blue collar job” this is stupid because electricians,plumbers,gas engineer’s make alot more money then the people that have blue collar jobs
I also made the decision to not do the whole "get married and have kids and s white picket fence" idea and freed my self to actually life life as i want.
Thank you for your perspective. My husband and I are retired. He retired at age 51. We always lived below our means putting money aside for later. We have been able to help our children get started. We have been able to help others. Best advice is to live frugally and take care of your health. Be kind to others. Thank you again. I enjoy your channel.
Well Said 💖
I am 63, and the American Dream has turned into the American trap for me. My children and grandchildren have asked me...Nana, how do I proceed. I always tell them...take the risk, you may win you may lose...but regret, likely isn't gonna follow.
For sure taking risks is a must
@LA moon What’s the one thing you wish you would have done?
Having never made a lot of money, I don't have the luxury of solving problems by throwing money at a problem. Learn to think your way out of a problem rather than spend your way out of a problem. Obviously you can't always solve a problem without spending but often a) money won't solve the problem b) things can change on a dime and you might not have the money to fix the issue. The ability to problem solve this way has helped me so much in my personal and professional life.
Just because everyone else is doing it, doesn't mean that your should
Just because no one has done it, doesn't mean you shouldn't. You do you!
💯👍👏
Luckily I live in Switzerland, where
life is good at all ages. Low taxes
and good pensions. Education
is free and university costs
are very reasonable. Salaries
are high if well educated.
Can't wait to visit their
@@GabeBult You really would
like it. Great transport. Superb
hostels and great scenery and
loads to do. Expensive but if
you hostel, buy your own food
in a supermarket it really saves
you money. English is widely
spoken.
Awesome it's on the list in the next few years
Low taxes? Doesn't seem like it
@@smartjoe5258 really depends a lot on the canton and city you live in. Zug and Zürich are known "tax havens". If you live in the french parts it's gonna be much higher. But compared to Germany or France, yeah taxes are low. On the other hand everything costs much more here....
Thanks so much for the inspiration, man. You, Matt D, Nathanial Drew, and a few others all in similar fields have probably had a large roll in the direction my life will take. I'm almost 17, moving out soon from my mom and sibs to my dad for a while, then out on my own soon after..... life is coming at me fast, and you and others have inspired me to not live the life of poverty and insanity that everyone around me lives. I'll be free, and it is amazing to see that people have done it and can do it. Thanks!
That's awesome man keep it up
Great list Gabe! I agree with your thoughts on money. I think it’s an amazing tool to apply toward goals; it just shouldn’t overshadow what truly brings lasting joy, & fulfillment in life. I also appreciated that you brought up both, “risks” & “analysis paralysis”. It’s honestly scary to think of all the opportunities we allow irrational fears to sabotage. As far as, “one of the rules of life” I think people should break, I would say: Trying to conform to societal standards simply to please, & be accepted by others. There’s just nothing worse than realizing you basically created the life others wanted you to live...instead of the one that was right for you.
💯
this might be my favorite video that you've made so far, and I've been following you for a long time. Really appreciate the content!
Awesome glad you enjoyed it I got alot out of going over all these this week
Despite all the craziness as a nurse i can not see myself retire early. I'm more interested on FI aspects of it.my goal is to work six months out the year and still able to have health coverage thru my job once I'm financial independent.
That's awesome 👍
I think so too. Nursing is stressful and exhausting so longer breaks in between are crucial. Personally, I would love to not work during peak flu season.
The concept of working all your life then finally retiring is silly. I've taken 'mini-retirements' throughout my career or extended periods off where I did other things or took chances. It's costed me money but I have no regrets.
That's great 👍
I worked 43 yrs and thought I could travel and do what I wanted. Not. Physically I can't walk to far or stand too long.
Luckily, when I was young, I traveled all over the US and enjoyed it so much in my vw van.
Ppl do all the traveling and whatever you want to do. You never know what the future will bring. Don't get married and having kids early. Learn who you are first, what you like and want. Keep loose from relationships, bad jobs and toxic friends/family. Get rid of them.
For being young, this man knows a lot. Listen to him.
@Alvin Zarco Alvin, I think it's great to buy a van, modify it and travel. Need lots of cubbies for storage. Don't forget heat & a/c and solar, bc you don't know where you're going or will end up. Have plenty of cash hidden on you and not all in the same place, bc things aren't cheap, plus a way to cook and store food. Plenty of video's on u tube how to and what ppl have done to fix up their vans. There are van places to meet ppl and learn how to make money on the road by working for koa or park and get a spot free , plus wages. I'd wait till after the election, bc it may get bad in certain areas. You don't want to go near there. Have protection and do research on how to do it legally. Idk if there's a permit for the whole US.
GOD AND JESUS FIRST AND PRAY. It's not always a nice world out there. Trust nobody and stay safe. I'll post if I find the van meet up or info. I found it- CheapRVliving. com or on u tube. He's been on the road 25 yrs. Has tips, tricks, places etc. Thought that might help you even more. Take care
Great video, this should be teach in high school, but it won't because government don't want people to think on their own.
Not much usefull gets into schools
@@GabeBult How to spell "useful" gets into schools. #irony
I wish I knew I had to break out of the norm MUCH earlier than I did. But luckily I did. Glad you put out a video that exposes life a bit haha
Love your advice about college. Have a blessed day.
I am living in Denmark and am taking my BA. It is free to do so here, and students actually get financial aid from the government. Studying here is seen as a job, so we get paid to do it. We only have to pay for our books, unless we just borrow them at the library.
I set my life up right, retired from working at age 36!!! Life is goooood!
Sometimes we are on a path and get a wrench thrown in it and then real priorities become clear. Speaking as a single mom..
For sure it's different for everyone and things change year to year and even day to day
This is an excellent video and I’m happy someone else is finally saying the things I’ve been saying for so long!
Hopefully companies will move to shorter work days/weeks and colleges will lower their prices once people realize they don’t need to be slaves to a company or a degree program to be financially well-off, productive, or happy.
I feel like I’m so focused on minimizing stuff that I am distracted by not doing what’s important. We have huge goals and I think way too deep into them. I’m too safe :/
Thanks for the info though, it helped but that train sound when you were on the track scared the mess outta me! Lol
For sure happens to all of us.
Haha it was pretty safe
Good points. I know a lot of people who say you should live very frugally to pay off debts faster. While that is great advice. I also think it is important to spend money on certain things such as good quality food, dental care, etc. Investing in your health is important. So many people have a chronic disease by the time they retire so they can't enjoy the freedoms of retirement.
💯
Ps: Thank you again for your amazing work from a fellow author and minimalist
Thank you ! Really appreciate it
@@GabeBult Most welcome. Keep it up brother and hope you're in good health.
I completely agree. There future is right now. Some people are afraid to take risks. Who doesn't take the risk doesn't drink champagne. Greetings from Poland.
Absolutely agree
How are you doing with the 75% saving? You still on track to retire in 5 to 6 years? What have been some of the challenges in doing this for you?
I work for a financial firm who promotes "practicing retirement," which sounds like what you plan on doing - taking time to enjoy life now, before you actually retire. My advice is also to: live below your means and, this will be controversial, don't chase a dream job (AKA, sell out). Get a day job at a large company with great retirement plan and health insurance benefits, and your dream job can be your hobby. It's worked well for me, but it's not for everyone.
I started watching this yesterday and then it said you deleted it! But I agree wholeheartedly with each and every one of these!! I've definitely talked about all of them to my friends.
Sorry about that I had an upload issue
@@GabeBult happens to the best of us :)
Great thing is that I can learn great things on youtube :) . Be it managing my time better , my finances better or how to cook from scratch .
💯🔥
Thoroughly enjoyed Gabe. So wise for such a youngin ☺️
Choose to break the rules that limit you, not just because you don't like. Break the rules but consider the consequences on the rest, not just on you.
💯
I'm not looking to retire too . I feel my work gives me meaning in life and make me feel useful . :)
I kinda regret going to university though
That's great that you have that
Good suggestions BUT NOT necessarily true for most people. If you’re fortunate to have had a dream career, which I did, you CAN travel around the world twice, which I have AND still retire at a relatively early age.
And not looking at higher education solely as a means to an end BUT to enrich my mind......life is a continuous learning process.
There’s only a small number of Elon Musk, Steve Jobs, Bill Gates....and don’t count Zuckerberg because he is demonstrating poor character....who didn’t complete college BUT took relevant courses before embarking on entrepreneurial success.
I contend changing the title of this video to “you MIGHT CONSIDER BREAKING”.
Love from another side of the world dood. I really appreciate your work keep doing.
Thanks shash
Number 4 and 5 are on point. Another great content! Thanks for uploading. 👌
Thanks! Glad u enjoyed it
Thank you for this, love your vids
👍
So for anybody reading this I would like tips and pointers. I want to buy a second property to either rent out monthly or use as an airbnb. I do understand living in Augusta Georgia I don't only make money during masters week it is not a hot place to be renting out for air B & B. I have good credit and was thinking of going to the county and looking over foreclosures. I knew people that bought a $40000 foreclosure with a settlement check paid in cash never even saw the house and they lucked out the house Is wonderful. I see a lot of people talking about using their 2nd homes as rental income total income but I'm unsure how they are able to do this when I 2nd home would be a second mortgage so........ the renters would pretty much be paying the mortgage. Anyway any pointers or tips would be greatly appreciated.
My uncle works two weeks per month ,his jobs allows him to work all his hours in that time. Then he travels the next two weeks lol
Dang
What does he do
@@GabeBult Lol
NYPD Sargeant
So, benefits ,home owner ,traveler
He has it figured out
And, thanks for responding my sister pmo to your channel
You have a new subscriber!
@@GabeBult His goal is to travel each month
Sounds like a blast
I agree with all of these things and love your channel. 😍
Thanks !
I’m from a country where higher education is affordable and we have a strong vocational education system where you can learn a trade. I understand your point of view, knowing where you come from and where you live. But I can’t help but feel, that as a society we would loose something irretrievably if we only think about the making of money. Of entrusting education to companies only, which is what happens when people learn in companies through working their way up. If I was in your position I would’ve very probably made the same choice, though
Great tips 👍
You are so inspirational. Just subbed!
🔥💯
I sooooooo agree with you not 100% I agree 1000% you dam correct.
Im tour guide
Johannesburg
South Africa 🇿🇦
Awesome man I'll come visit some time 👍
"Go where they ain't" to make progress when you can't keep up with the big kids. Brilliant advice I got from "The Education of an Idealist", by Samantha Power, former US ambassador to the UN.
Great video
Good video, as usual,
I didn't hear the dogs.
Haha it was pretty loud wasn't sure
Hey gabe lookin good!
Thanks akasha !
Hey Gabe I am not really a person that thinks that college is necessary but I did get a scholarship to go for an associate degree. Many people think I should go to college because it’s being paid for. What would you recommend me? Thanks for your answer
It really depends on the person and your goals. I'm not personally for it. it can help some people though
Another rule people should brake is “to get a blue collar job” this is stupid because electricians,plumbers,gas engineer’s make alot more money then the people that have blue collar jobs
Absolutely I think that's a great way to go for a lot of people
I also made the decision to not do the whole "get married and have kids and s white picket fence" idea and freed my self to actually life life as i want.
Great video as usual!
Thabks 👍
Road to 100k
Let's gooooo
Awww almost first
Next time 👍
🙌
👍🙏
❤❤❤
👍
5th comment!!!
HELLLLL YEEEEEAAAAHHHH
Haha haha congrats man 👍
Go in the military and go to school for FREE.... see the world, travel... get a career.
I hope that I'm not the only one taking notes. Anyone watching will more likely remember these advice if they do. No coffee?!
It was like evening when I shot that to late for coffee
School the only thing that should be mandatory is Elementary School