Maximizing Your Investment Potential: Our One-month No-spending Experiment!

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  • Опубліковано 25 вер 2024
  • What we learned from our no spending month of May.
    DISCLAIMER
    -All of the content found in this video is for ENTERTAINMENT purposes only. We are NOT financial advisors and are not responsible for any losses in your personal investing experience.

КОМЕНТАРІ • 22

  • @markritacco270
    @markritacco270 3 місяці тому +4

    Excellent job! I stopped being a wage slave at 59 1/2 (Nov 2019) and lived off my below-average savings until 62 to take SS. I do not have a mortgage, no debt, and I live off of SS alone now. Since mid-2023 I have mostly no-buy months whereas I pay fixed expenses and prop/school/local taxes. I have my investments in fixed-income treasuries T-bills, notes, and TIPS, I no longer trust the stock market casino as I have lost too much principle over the decades.

  • @claricehirata3303
    @claricehirata3303 3 місяці тому +3

    How nice to meet your wife-you both come across so down-to-earth and authentic! Great video, I really enjoyed it. I will definitely try a no-spend month and put the savings towards my investments.

    • @FatherNSonInvesting
      @FatherNSonInvesting  2 місяці тому

      Thanks for watching! Let us know how your no-spend month goes.

  • @sueh6287
    @sueh6287 3 місяці тому +1

    You two did great lowering your spending. Good results with both the tree and truck jobs! My husband is handy, too, and I'm sure has saved us thousands over the years by doing most of the repairs and maintenance on our home, property, and vehicles.

  • @MeredithRobinett
    @MeredithRobinett 3 місяці тому +2

    Adorable!

  • @sunshineiv1
    @sunshineiv1 3 місяці тому

    Enjoyed your video!

  • @Thisishard2333
    @Thisishard2333 3 місяці тому

    Spent 500 on food this week.Then proceeded to eat out 3 nights in a row.

  • @Gary65437
    @Gary65437 3 місяці тому +1

    I remember when we were building a house. I thought the spending and bills would never end. Of course the wife wants everything new. I saved a ton by not becoming an amazon prime member. If I paid that yearly fee, I would have to get my money's worth of free fast shipping. I guess that's part Bezos master plan.

    • @markritacco270
      @markritacco270 3 місяці тому

      I gave up my Amazon Prime early last year, but I still get my vitamins, supplements, and herbs with "subscribe and save" once-a-month free delivery, and generally each item is 15% off.

    • @FatherNSonInvesting
      @FatherNSonInvesting  2 місяці тому +1

      Building a house is quite the process. We have not saved money because we are amazon prime members - 😂🙃. Thanks for watching!

  • @daveschmarder-1950
    @daveschmarder-1950 3 місяці тому

    People around me say that I squeeze a nickel so hard they hear the buffalo squeal.

  • @user-st7sz6xg2c
    @user-st7sz6xg2c 3 місяці тому +1

    Cute