10 Lessons From The Simple Path To Wealth That Changed How I Think About Money

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  • Опубліковано 26 вер 2024

КОМЕНТАРІ • 77

  • @ElAgustin
    @ElAgustin  Рік тому +3

    Check out"The Simple Path To Wealth" on Shortform and receive an additional 20% discount on the annual subscription shortform.com/elagustin

  • @victoriawatts6792
    @victoriawatts6792 Рік тому +25

    I continuously STASH “F-you”money! Keep your temper and SAVE your money. If someone makes you angry, or when things are not going well, just smile, and go stash more FU money! 😊BEING FREE IS SUCCESS!!

  • @DesertMav
    @DesertMav Рік тому +44

    This video is spot on. I do the best I can and I am my own financial advisor. I just sent my last payment to pay off my student loans and it feels like a weight has been lifted off of my chest. Now I just have to pay off a small amount of credit card debt and build my emergency fund again. Once that is done, I will be on a solid path.

    • @beth3535
      @beth3535 Рік тому +2

      You’re on a solid path now.

  • @MarkMark-ji6ts
    @MarkMark-ji6ts Рік тому +8

    Debt is unacceptable. Minimise the use of debt and pay it down ASAP. Never use debt for recreational shopping!!

  • @airplane381
    @airplane381 Рік тому +11

    I like that one: Being my Own Financial Advisor because I can choose for myself of what I want to do with my Money.

  • @ashtherebel2346
    @ashtherebel2346 Рік тому +3

    My goal is to save! That is my number 1 priority

  • @trishacarlson4122
    @trishacarlson4122 Рік тому +8

    Simplicity, contentment, & discipline have been my guiding teachers this year

  • @stilos4321
    @stilos4321 Рік тому +12

    I been struggling financially for years …. And of all the channels I have seen you have made me see things different thank you …. I started applying what you talk about yesterday thank you

  • @georgeandrews2839
    @georgeandrews2839 Рік тому +2

    I never watch the news or broadcast television and don't miss either.

  • @PatriciaCarrier
    @PatriciaCarrier Рік тому +3

    Wow! thank you for this video, you are very wise.
    Avoid debt, spend less that you earn, invest the surplus.
    Quite simple but true. I agree with you, it is the secret to financial freedom.

    • @roqonu
      @roqonu 4 місяці тому

      there is no such thing as "surplus" money

  • @shehnazahmad5213
    @shehnazahmad5213 Рік тому +2

    Watching from
    Johannesburg
    South Africa
    🇿🇦

  • @Ann-tner
    @Ann-tner Рік тому +5

    These are some great takeaways from the book. The one I’ve struggled with lately was living a simple life. No matter what I do I keep finding myself wanting that new thing I saw on a UA-cam video or TikTok. Also glad fir the sponsor you got, you deserve it ❤

  • @Michelle-bw1xg
    @Michelle-bw1xg Рік тому +4

    Good tips. Currently home burdened but making extra principal payments so someday I will have more flexible decisions about work/job (similar to FU money). It's freeing to have less wants as I get older, yet have goals/dreams to look forward to.

  • @dpayne1943
    @dpayne1943 Рік тому +1

    For those who stress when the market is down, JL has a wonderful meditation video here on UA-cam to help prevent you from selling low (panic selling). It is kind of a parody, but not really as many find it helpful.

  • @CourtneyRobinson
    @CourtneyRobinson Рік тому +1

    A life changing book.

  • @dustindustindontworry-jz8dh
    @dustindustindontworry-jz8dh 2 місяці тому

    Great info

  • @delayedgratification581
    @delayedgratification581 11 місяців тому

    Cannot agree more with this being #1 personal finance book for most people.

  • @noreenn6976
    @noreenn6976 Рік тому +1

    I enjoyed that book, need to read it again. Thanks Austin!

  • @arafatbukhari4424
    @arafatbukhari4424 Рік тому +2

    Saving and Investing is very important.
    I believe I will save well, then invest in true money 💰 like ( Gold Builions)😊

  • @darrenmcinerney2212
    @darrenmcinerney2212 6 місяців тому

    Thank you 😊 👍.

  • @jamesr1703
    @jamesr1703 11 місяців тому +1

    I don't drink alcohol and just spent 21 days in Italy with the money that I saved.

  • @bumbaclot18
    @bumbaclot18 11 днів тому

    Good video,good book and I like your wondering jew.

  • @djpuplex
    @djpuplex Рік тому +2

    No one needs short form with UA-cam, chatgpt and the internet book summaries and takeaways are everywhere. That said its a great book eith great concepts another great book is A Random Walk Down Wall Street.

    • @CAGChannel1
      @CAGChannel1 Рік тому +5

      He needs short form as a sponsor, so he can keep making free videos on you tube. It’s a sponsor. It is paying for us to consume this content free.

  • @PJBHolden
    @PJBHolden 7 місяців тому

    #2 is spot on!!

  • @Moniccamccarty
    @Moniccamccarty Рік тому

    This was so good !😊 thank you and I hope you have a wonderful blessed day !

  • @ashtherebel2346
    @ashtherebel2346 Рік тому +7

    Another advice would be don’t get married 😂😂

    • @larrybarbee4916
      @larrybarbee4916 3 місяці тому

      Yes or do one hell of a job making sure you’re marrying the right person.

    • @jbiz979
      @jbiz979 Місяць тому

      Horrible advice

  • @ronjr831
    @ronjr831 Рік тому +1

    Thanks for the video. My library only has the audio book version, unfortunately. But, you broke it down well. The part I liked best is fu money. I have used it a couple of times, and there is nothing better !

  • @compassionatepeercounseling

    Helpful and confirming advice. I want to read that book now. Thank you Austin.

  • @TaeKimFinancialTortoise
    @TaeKimFinancialTortoise Рік тому

    Great review Austin! Love it!

  • @Nika-Dubai
    @Nika-Dubai 11 місяців тому

    Thank You

  • @LynSarayan
    @LynSarayan Рік тому

    Sure thing 💯✅
    Thank you Austin.

  • @alenakozlova-awas42
    @alenakozlova-awas42 Рік тому +1

    That's a great book! Read it a while ago and followed his investment advice 😊

  • @allenbrown9052
    @allenbrown9052 Рік тому

    I’ve always wanted this book. I’m definitely getting it now. 🧡 🐪

  • @leeallsopp5152
    @leeallsopp5152 Рік тому

    Another banger Austin 👏✅ spot on! Keep em coming my man

  • @nelidasilva7388
    @nelidasilva7388 Рік тому

    Gracias Austin!!

  • @prettyincaramel
    @prettyincaramel 9 місяців тому

    Love this. Ty.

  • @srourfamily
    @srourfamily Рік тому +1

    also agreat book is the pyschology of money!!

  • @danyelias
    @danyelias Рік тому

    Great video, great energy!

  • @donaldswanson9647
    @donaldswanson9647 Рік тому +1

    I'm a bit over a mil invested. I probably live on 15 or 20k a year but that assumes I don't buy a new car. This year I went new car which probably added 18k. I wasted the first half of my life chasing money. I stopped but I may have overdone it.

  • @rosanacs9728
    @rosanacs9728 Рік тому

    The way you speak reminds me of Joshua Becker.

  • @carlosv.1278
    @carlosv.1278 5 місяців тому

    Good spanish !

  • @srourfamily
    @srourfamily Рік тому

    Austin Williams keep growing and always be a charity man (give back) network Read the pyshcology of money book
    i have invested in charles s index funds for last 5 years and my retrun is been 6% but on down time i try to add a little more so
    i can use 7% rule of getting back some of virtual loses . great video and great book to read about every 8 months!!!

  • @plappin
    @plappin Рік тому +2

    Sounds like an excellent book -- congratulations on another sponsor!

  • @verygoodboy5724
    @verygoodboy5724 Рік тому +1

    Hey Augustine what software do you use to edit the illustrations buddy looks dope and grabs attention

  • @SanJoseCA-ot3qy
    @SanJoseCA-ot3qy Рік тому +1

    The 4% rule is before tax or after tax? I need to know to save & invest my money before I retire. 😅🙏

    • @WallaceDunn
      @WallaceDunn 5 місяців тому +1

      Gross. Before tax. Unless you can withdraw tax free.

  • @chulita022002
    @chulita022002 10 місяців тому

    Hola! Chico cómo estás? So let me ask you a question? So how should I do jeje 😜 pay off my debt then invest in the funds? I don’t know 🤷‍♀️ what to do first used my emergency funds for debt and then start again saving I need a financial advisor 😏 need help

  • @flornavidad9771
    @flornavidad9771 Рік тому +1

    ❤❤❤

  • @mackymacky6959
    @mackymacky6959 Рік тому

    140!!!!!!!
    🎉

  • @horaciot8277
    @horaciot8277 Рік тому

    Genial 👍

  • @raulduque5070
    @raulduque5070 Рік тому

    Thanks!

    • @ElAgustin
      @ElAgustin  Рік тому +2

      Thank you!!!!!!!!!!!!

    • @raulduque5070
      @raulduque5070 Рік тому

      @@ElAgustin was wondering what your thoughts are on purchasing a home vs being a renter? Or maybe you've already done a video.

  • @andrewpizzino2514
    @andrewpizzino2514 Рік тому

    If 4% is based on 30 years, is one limited by age with the 4% rule?

    • @WallaceDunn
      @WallaceDunn 5 місяців тому

      At 4% it would be self-perpetuating. Theoretically.

  • @VitalBigras
    @VitalBigras Рік тому

    Hi, by index funds do you mean etf? 🤔

    • @ElAgustin
      @ElAgustin  Рік тому +2

      Howdy, I'm talking about Index Funds that track a market index like the one he talks about in this book is VTSAX. So not ETFs.

  • @CAGChannel1
    @CAGChannel1 Рік тому +1

    Drinking game- every time he says FU…….

  • @GymForLifeHD
    @GymForLifeHD 4 місяці тому

    happy looser or stresed winer pick one lol tf this rules...

  • @VitalBigras
    @VitalBigras Рік тому

    For the third time, please answer my question 🙏don’t just like without reading my comment

  • @jonsnow899
    @jonsnow899 6 місяців тому

    Debt is absolutely necessary. Debt is like alcohol; it should be enjoyed responsibility in measured amounts.

  • @VitalBigras
    @VitalBigras Рік тому

    Please answer my question below 😊

  • @cajunjamis9001
    @cajunjamis9001 Рік тому

    4% ? "INFLATION" ???

  • @andream6079
    @andream6079 Рік тому +2

    All info can be found for free. Why pay? Go online. Thought we were all here to learn how not to spend unnecessarily.

    • @kerry_runs
      @kerry_runs Рік тому +6

      It’s a sponsor, not a big deal. This is his full time job.

    • @dpayne1943
      @dpayne1943 Рік тому +4

      I would rather Austin have a direct sponsor than just the ads before and after the video. Remember nothing is for free, someone pays for it. What is free to you costs him time and energy doing research and creating content.

    • @andream6079
      @andream6079 Рік тому

      @@dpayne1943 Austin's "time and energy" = 🤑

  • @Ima_Virgin_69
    @Ima_Virgin_69 6 місяців тому

    Watching your vdos 4m india