7 Spending Traps Keeping You Broke

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  • Опубліковано 26 вер 2024

КОМЕНТАРІ • 339

  • @boundaryconditions1119
    @boundaryconditions1119 Рік тому +438

    When I began treating everything in my life the way I treat my sobriety ("I am the cause of most of my problems"), I started making progress in every area. 15 years ago I was an obese, unemployed, pack-a-day smoking drunk. Today I have a leadership career at a major institution, I am sober, don't smoke, happily married, and I run ultramarathons for fun. I've built wealth and am paying off a mortgage. All it took was recognizing that if I don't do it for myself, I'll never have it. And then making small, incremental progress every. single. day.

    • @juditharsenault2131
      @juditharsenault2131 Рік тому +8

      This is hard to believe. You might be exaggerating a little.

    • @lanahundley8625
      @lanahundley8625 Рік тому +3

      Inspiring...

    • @Sgunner88
      @Sgunner88 Рік тому

      @@juditharsenault2131 I mean I'm not married nor do I run ultra marathons. But I do work out and lost my huge alcoholic belly after I decided 2/2/22 to stop drinking and smoking cold turkey. And I've invested almost 30k between my company 401k and personal investing. And that's less then two years of growth. I could see being where he is at in 13 more years.

    • @amiradeshon5501
      @amiradeshon5501 Рік тому

      12and12

    • @Seanmirrer
      @Seanmirrer Рік тому

      I’ve lost so much in the past 8 months from failed economy and banks,Real estate crash,depressions,stocks,dividend,you name it
      What a terrible year it is...

  • @shanep2760
    @shanep2760 Рік тому +154

    Talking to a coworker yesterday about the importance of an emergency fund. He said he can't afford to save because his rent is $2500. I said maybe it's the apartment you can't afford. 🤷 He didn't like that 😆

    • @asavannah7439
      @asavannah7439 Рік тому +35

      I told a colleague, that she is not earning too little, but she is spending too much. She also didn’t like that 😆

    • @eegernades
      @eegernades Рік тому

      ​@@asavannah7439both can be true tho.

    • @bellabobbybob3476
      @bellabobbybob3476 Рік тому +31

      My neighbor just bought a $56000 new mini van yesterday, they only have one kid , so I don’t know why they want to buy a mini van. They pay $6000 down payment and car loan is $50000 at 5.6% rate. Monthly payment is around $1300 for 48 months. I was speechless listening to these numbers. Guess what I told them? “ congratulations to the new car and it looks awesome! “ I was just want to be nice, if I told them you shouldn’t buy that car, they probably gonna hate me 😂because they seems very happy with that purchase and feel very excited.

    • @asavannah7439
      @asavannah7439 Рік тому +21

      @@bellabobbybob3476 Too many people do stupid things like that. Oh well, they're happy and luckily it's not our money. $1300 a month for a car payment would leave me sleepless at night 😵😱

    • @ensignmjs7058
      @ensignmjs7058 Рік тому +4

      That could be the cheapest he could find.

  • @russellthompson2126
    @russellthompson2126 Рік тому +27

    This 100%. I hate the victim of the system mindset from people spending $80k on a car, buying every new Iphone, while working their Walmart store jobs.

  • @lindawalsh2732
    @lindawalsh2732 Рік тому +132

    Love starting my Friday morning with your words of inspiration. Just got my paycheck. The old me would have had it spent on all that useless crap over the weekend. The new me just stuffed 95% of it into my "pay off the mortgage" funds. My mortgage will be paid off on the 22nd of this month. I'm getting ready for that debt free scream!!!

  • @pamalamielnicki9767
    @pamalamielnicki9767 Рік тому +8

    Eating and premade food are our biggest downfall. I have significant health issues, so meals fall on my husband and convenience is difficult to resist.

  • @adboama4real
    @adboama4real Рік тому +25

    Hi George. Much love from Ghana, West Africa. I love your videos. I am debt free with a paid off house in our insane 53% inflation hit Ghana. It can be done.

  • @ashleymjenkins
    @ashleymjenkins Рік тому +21

    Cooking has helped a lot!! And when I’m tired and want to go out to eat all I can hear Dave saying “Oh call the wah-bulances” 😂😂😂 So I go ahead and cook.
    I do love seeing my account not moving because we’re eating from home now.

  • @moodrow1497
    @moodrow1497 Рік тому +79

    I stay broke because I can't say no. I can't say no to me, I can't say no to my family. I am so tired of living this way. Love you videos and they are helping me make the mental shift I need.

    • @IAmebAdger
      @IAmebAdger Рік тому +16

      You'll make it, bro! Start small, set yourself a goal to say no at least once a week, then maybe once a day, then maybe two times a day. It just gets easier and easier once you get used to saying it. Eventually you'll be saying no all the time.

    • @faustinreeder1075
      @faustinreeder1075 Рік тому +1

      Got to say “No”

  • @dianabinkowski3927
    @dianabinkowski3927 Рік тому +7

    I don't travel or vacations because I am retired. I eat out once or twice a month to my favorite burger shop that costs me $6.12. I put $2500 into my savings every month. I have a 2015 vehicle I paid cash for and it only has 84k miles on it. It will outlive me since I am almost 75 years old. I have no consumer debt except my mortgage at less than 3%. Some family members think and make snide remarks about it must be nice being rich. I am comfortable because I worked hard all my life and never lived above my means. I don't try to keep up with the Jones because I don't care what they do or have. I sleep well at night not owing.

  • @ColleenJoudrey
    @ColleenJoudrey Рік тому +41

    I used to buy more/spend more than I really needed to on my wardrobe. It initially slowed down when I quit fast fashion but when I started thrifting only, That 3k/year decreased to less than $30O/y.

    • @gio.orbit5498
      @gio.orbit5498 Рік тому +2

      I've spent $0 on clothes the past 5 year. learned how to sew and just gorilla glue my shoes back together 😂

    • @ADRiiAN24
      @ADRiiAN24 Рік тому

      Plato’s closet has been clutch!

    • @mqpar5.795
      @mqpar5.795 Рік тому

      I spent about $3k on suites and other clothes last year. So far I’ve only spent $100 on Jordans that were half off. (Needed new shoes anyways)

    • @Chichi-mo2pc
      @Chichi-mo2pc Рік тому

      I would do that honestly bc second hand stores are alright w me but I am just fearful of bringing home bed bugs

  • @letsgobrandon416
    @letsgobrandon416 Рік тому +11

    The main spending habits keeping me broke is trying to feed my family anything other than junk food, putting gas in my car to get to work, heating my home, and paying the electric bill.

  • @libbysworld7649
    @libbysworld7649 Рік тому +93

    George, when you said that the average 3 day vacation costs $1400, it spoke to me. My hubby and I budged $2000 for our trip to the Upper Peninsula of Michigan for a friend's wedding. We spent the most money on our hotel. We also boarded our dogs, factoring in the gift, food and gas, we spent a little over that $1400. I just defaulted to $2,000 when we budgeted and saved for the past year. That extra $600 stayed put in the sinking fund for next vacation! The saving continues. I used to go on vacation when I couldn't afford it. I 10/10 recommend fully funding a vacation. The peace of mind makes the whole experience that much richer! No pun intended. 🙂

    • @PascualSmith
      @PascualSmith 11 місяців тому

      Honestly, the ONLY reason (in my honest opinion) that vacations are THIS expensive, is the hotels. Airbnb prices are also insane (I should not be seeing so many 300+ a night, for A HOUSE) so I would honestly just go with staying at acquaintances or at a Hostel

  • @Love2Banime
    @Love2Banime Рік тому +11

    My biggest trap was opening a student loan for a degree to get a minimum job after graduating. :(

  • @hellosaysandrew
    @hellosaysandrew Рік тому +9

    The axe throwing reference killed me, no pun intended. How did that trend even happen? lol

  • @GoldCountryTrapping
    @GoldCountryTrapping 7 місяців тому +2

    They are not even hiding the 84 and 96 month terms for car loans anymore. Its on the sign!! Embarrassing.

  • @meganvangundy7388
    @meganvangundy7388 11 місяців тому +3

    George, the idea they came up with to have you do these videos was GENUS! You totally have the personality for it. I love your snark and your flair for the dramatic. Also, I find your videos educational and worth the watch.

  • @bryanbunday781
    @bryanbunday781 Рік тому +21

    Some great advice George. I needed to hear this when I was your age! I was the poster boy for "lifestyle creep". I agree you can't invest or borrow your way out of debt. If I had used all the fees paid to financial "advisors" to pay down debt and cut the spending for stuff I didn't need, I would now have much more financial freedom today. Now retired, but STILL have home ownership debt. The earlier in life one can be debt free, the better!

  • @HectorLopez-wc8fx
    @HectorLopez-wc8fx Рік тому +21

    "It's not an ish-me, it's an ish-you." Love it!!! At this point, I'm pretty familiar with the basics of saving and investing and well on my path. But I love watching your channel for novel ways to explain the basics to others. I show some of your videos to my wife, and they appeal to her--they open her eyes to these ideas. That's something I haven't been able to do. Thank you.

  • @trucker_lukew
    @trucker_lukew Рік тому +21

    Budgeted fun is always more fun than just fun! I was young and stupid in my 20's, driving financed cars worth 3x my annual salary. Now i'm 31, debt free, drive a paid off car worth 7% of my annual income and have a budget that allows for life expenses, fun, investing, saving & giving and I've never been more at peace! I'll be retired by 37 if I keep up with the plan!

    • @IAmebAdger
      @IAmebAdger Рік тому +2

      Having the option to retire at 37 is very cool, good job. However retirement isn't all it's cracked up to be and people can and will come out of it due to sheer boredom. The real perk is financial independence and the ability to choose what exciting work and how much of it you want to do. Plus, if you continue to earn a tidy sum you'll be able to up your living standard when your body eventually forces you to retire out of lack of energy or you may even be able to fund retirement for other people in your family.

    • @trucker_lukew
      @trucker_lukew Рік тому +4

      @IAmebAdger I don't plan on retiring, I love what I do and have my own business alongside employment. The day I don't enjoy it is the day I try something else rather than nothing. I may take career breaks to travel or whatever but yeah its nice to have mathematical retirement as a motivation!

    • @IAmebAdger
      @IAmebAdger Рік тому

      @@trucker_lukew For sure, sounds like you've got your future figured out, good going

  • @ROBinJVILLE
    @ROBinJVILLE Рік тому +6

    This man speaking like my dad did to me as a teen. All this is true and it works. I’m in great financial shape and I’ve never really made a lot of money aside from selling my houses for profit

  • @Tavi-u4x
    @Tavi-u4x Рік тому +12

    👍 Thanks George Always intetested in what you have to say Entertaining yet educational Smart man Love your show!
    I retired now at 55 Car paid off No kids No debt Live simply lifestyle A budget is a must!

  • @yeraniavalencia6197
    @yeraniavalencia6197 Рік тому +8

    LOVE THIS! 😍Very concise, relatable, and to the point!
    Thank you. Now I see how I'm surrounded by so much B.S. 👀

  • @soumenchakraborty2450
    @soumenchakraborty2450 11 місяців тому +4

    You need better people around you, I like this quote.

  • @joebarra5273
    @joebarra5273 Рік тому +15

    I bought a Mitsubishi Lancer (with cash) in 2017 with ~40k miles. It now has 135k and has had no real problems. I see people online getting 300k+ out of these cars and I'm hoping to do the same.

    • @juditharsenault2131
      @juditharsenault2131 Рік тому +2

      I have a debt free 2007 Toyota Matrix with 260,000 miles on it. I'm hoping to get +500,000 miles from it. Only problem is they salt the roads here in the winter.

    • @pirateslife4me
      @pirateslife4me Рік тому +1

      2011 Honda CR-V 291k miles - she's a runner! 🚘🚗🚘🚗🚘

    • @Kuromi10x
      @Kuromi10x Рік тому +2

      Got the same model in black with the fiance. The dealers at Mitsubishi keep wanting us to trade it since it's no longer made and demand is high for it. We don't plan to trade it, we got no kids and the interior stills looks new. He drives the car, I'ma the designated passenger since I get anxious on the rode but I plan to learn eventually. That same year in 2017 we got our dream home as a Xmas gift. Fast fwd in 2023 my peers and friends still have no house or anything to show for cuz all they do is go on vacation as and tryna drag us with em but we can't cuz priorities.

    • @perrycoffey5410
      @perrycoffey5410 11 місяців тому

      ​@@Kuromi10xsurprise you so this because you can't spell out the word because

  • @IzzyMakesMusic
    @IzzyMakesMusic Рік тому +14

    My biggest financial problem is income. I’ve applied to 100 jobs over the last year with very few call backs. Interviews go well but you never hear back. Jobs that I think I’m over qualified for are rejecting my application. Even Walmart.

    • @dynosaysrawr9540
      @dynosaysrawr9540 Рік тому

      Just wanted to provide some encouragement. If you really want a job, you need to be applying to 50 jobs per day. Check out the book What Color is Your Parachute by Richard Bolles. You only have a 4-6% chance of receiving a call back for online applications. This means for every 100 jobs you apply to, you'll receive a call back around 4 to 6 times. It's a numbers game. It's time to increase your odds.

    • @mandy3486
      @mandy3486 Рік тому

      Maybe your interviews aren't going as well and you're nervous without knowing. Can you practice with a friend? Best wishes! Hope you find a Great job soon

    • @faustinreeder1075
      @faustinreeder1075 Рік тому +3

      Southwest Airlines is hiring ramp agents in Denver. Starting salary is $23.50
      Apply. It’s a great company. Good luck

    • @Chichi-mo2pc
      @Chichi-mo2pc Рік тому

      What about DoorDash and stuff like that until you can find a job? Also what about cna or med tech? Cnas can always find jobs and the classes aren’t long or hard. What you pay for the class you can make back in no time. The most I made as a cna was 30 an hour and some have made more by traveling

    • @ourtube4266
      @ourtube4266 Рік тому +2

      It took me around 9 months to get my current engineering job, probably did in person interviews at 15 companies and got led on by 2 companies for several on site interviews who never had an intention of hiring me. It sucked but I found a great job with a great salary. The job search feels hopeless until it doesn’t, just keep trying.

  • @timnichols7760
    @timnichols7760 Рік тому +8

    Great video!! Thanks! I finally started tracking ALL of my spending. I wasn't too surprised by anything except for my food. But, my food spending!!! 😳😳 Oh my!!

  • @cathy9423
    @cathy9423 Рік тому +8

    ❤ Micheal Jordan’s “Stop it, get some help” insert! 😂 Please keep adding that clip. Love it!

  • @ssjrose9641
    @ssjrose9641 10 місяців тому +1

    I agree with almost everything. I drive an old used car, dont go out to eat much and dont buy designer clothing. SO i CAN have my hobbies and travel. Those two things have enriched my life so much more. I am happier and HEALTHIER which is the best thing i can do for my family and myself.

  • @teresamelville
    @teresamelville Рік тому +4

    Tracking my spending is what I need to work on.

  • @Wee_Catalyst
    @Wee_Catalyst 11 місяців тому +2

    “Crypto is Mary Kay for young men and NFTs are timeshares for Gen Z” 🤣

  • @sadfasde3108
    @sadfasde3108 Рік тому +8

    Fantastic video. True, informative, and funny with no waste. I’d be scared of George doing his own thing if I was Ramsey.

  • @JoeLopez
    @JoeLopez Рік тому +3

    Solid content. Every time.
    You may be the king of finding content to tie in. That alone is a full time job.

  • @timj6593
    @timj6593 3 місяці тому

    I was going to Photoshop myself on vacation, but I stopped my Photoshop subscription to save money. 😢
    Kidding. Everything said in this video makes total sense! George you rock!

  • @suprakashdatta1804
    @suprakashdatta1804 Рік тому +2

    One thing is agreed that hobby and personality come at a price

  • @dan3xtjordan238
    @dan3xtjordan238 Рік тому +5

    You're the man George!

  • @gabec1087
    @gabec1087 Рік тому +11

    Love that there is at least one reference from The Office every episode haha

  • @lisadearing5960
    @lisadearing5960 6 місяців тому

    Our bad habit used to be eating out! Since December, we budget, meal plan and only eat out on Saturday. Not only are we saving a ton of money, but we are losing weight! I couldn’t tell you the last time I had a Big Mac! 😂

  • @juliejohnson6753
    @juliejohnson6753 Місяць тому +1

    George you are serious the most entertaining person ever who I listen to about financial growth! 😊

  • @IrisP989
    @IrisP989 Рік тому +8

    We are millionaires on paper, with 2 mortgages in CA (also have an emergency fund, investments, etc.).
    It’s easier to get rid of mortgage debt when you have no kids. Much easier than if you had two kids and one of them had medical issues and you spent way more than $20K in medical bills before the child even turned two (medical issue that will never go away), so I will take my fake millionaire net worth as is. We do the best that we can.

  • @acceptyourchallenge
    @acceptyourchallenge Рік тому +10

    I am broke because of crappy car repairs

  • @2SisterBees
    @2SisterBees Рік тому +2

    Be about it! I love it! 🙌

  • @dianeathoacardinalridge8788
    @dianeathoacardinalridge8788 Рік тому +2

    3 year old good quality vehicles (Honda/Volvo/ Toyota) with roughly 36k miles on it when purchased has been a really good strategy for us at 10+ years of ownership/use for each.

    • @dking1362
      @dking1362 Рік тому

      But hard to find! I tried!

  • @joebarra5273
    @joebarra5273 Рік тому +2

    I really appreciate you churning out these videos so quickly

  • @omgh8287
    @omgh8287 Рік тому +2

    Travel can get realy expensive really fast and imo is the biggest trap money wise. You have your hotel bookings, activities, restaurants, rentals (cars, equipment etc) , souvenirs etc and it all adds up pretty fast.

  • @phila9288
    @phila9288 11 місяців тому +1

    Honestly, the financial advice is really basic. But the constant reminders and encouragement are great to help stay the course.

  • @tubeyv7325
    @tubeyv7325 Рік тому +1

    Hey George!
    Hope you're doing well!🎉
    Great tips and very true!🎉
    Have a fabulous day. N week!🎉❤

  • @CrimsonFox36
    @CrimsonFox36 11 місяців тому +1

    Im broke right now because im in turbo-mode with paying off my car loan.
    minimum payment is $300/mo, im going in for $1000

  • @mikea.4477
    @mikea.4477 Рік тому +14

    I agree with all of this. If anything taking personal accountability nowadays is more essential than ever! But I will say most young people are definitely targets for this system’s tricks and tactics and often too naive to see the traps. Social media, music, tv, etc. are all carefully designed to keep you spending money and enslaved. Now more than ever you have to be extremely cautious with your money because the wolves are out for blood! Just look at the housing and car markets these days.

  • @StaciaBielka
    @StaciaBielka Рік тому +1

    I just brought my 2018 car for trade-in couple months ago and got about 90% of its original price 🤷🏻‍♀️ car was paid off, paid close to 0% interest on it due to buying during some promo. You can’t really plan for it because market may go crazy, but not all cars depreciate too much.

  • @ayyyperks
    @ayyyperks Рік тому +1

    You’re gonna be HUGE on UA-cam. A big star

  • @blackbutterfly233ify
    @blackbutterfly233ify Рік тому +2

    Lol bro the axe video 🤣

  • @westbccoast
    @westbccoast Рік тому +2

    Wait wat .. Average of 12 subscriptions? that's insane. Thanks George, love this channel.

  • @anthonysmith7913
    @anthonysmith7913 7 місяців тому

    I spent 14 days in Thailand and even travelled to Malaysia for 2 days all for 1400 usd.

  • @knightyabut
    @knightyabut Рік тому

    Thank you George! You are my new favorite financial advisor on UA-cam :)

  • @USMCHelloKitty
    @USMCHelloKitty Рік тому +1

    Eating out is my kryptonite. Even though I’ve tried cooking at home, sometimes the food doesn’t turn out the way I hoped. 😅

    • @blackbutterfly233ify
      @blackbutterfly233ify Рік тому

      Mostly because I can't cook and watching cooking videos makes me depressed because my food wont turn out like that

  • @JWEATHERSBY
    @JWEATHERSBY Рік тому +1

    Totally stealing, "It's not an Ish-Me, it's and Ish-YOU." 😂 Solid video as always!

  • @djchancla2451
    @djchancla2451 Рік тому +3

    I don’t buy designer clothes or shoes I refuse to be a walking billboard

  • @felixa.aliceamartinez7890
    @felixa.aliceamartinez7890 Рік тому

    Vacation are needed, and actually, it can be very cheap if you plan the travel by yourself.

  • @mjojco
    @mjojco 9 місяців тому +3

    Newsflash: a 2023 Bronco has no business calling itself a Bronco

  • @mikehennessy6766
    @mikehennessy6766 Рік тому

    my only bad habit is eating out too much. trying to get better

  • @djchancla2451
    @djchancla2451 Рік тому +2

    I know the biggest one for me when I see it in my dollar app is eating out

  • @masonr1666
    @masonr1666 8 місяців тому

    You also need an income that is more than minimum wage...since minimum doesn't cover BOTH rent and transportation, it only covers one.

  • @JohnSkyLey
    @JohnSkyLey Рік тому +5

    You have to have some hobbies. You guys all live boring lives. I have no debt, a good emergency fund, invest regularly, own property, no car payment, and I have multiple hobbies that cost money: baseball, golf, guns, skydiving, surfing, travel, etc. It makes life fun.

    • @lanceroparaca1413
      @lanceroparaca1413 5 місяців тому

      Only if you can afford it. Sometimes you can't and many times you can have cheap hobbies.

  • @countrycleo5268
    @countrycleo5268 Рік тому +2

    I like to know that I am not average! Thanks George

  • @spaceman7922
    @spaceman7922 8 місяців тому

    Proud to say I only pay for UA-cam and Spotify since discovering the Ramsey way a year ago. It’s way easier than you think. When you cancel it all you just say… oh I can’t watch that because I’m not subscribed anymore and then life is still the same 😂

  • @tressalewis7004
    @tressalewis7004 Рік тому +4

    You, sir, are a genius! I love listening to you and look forward to your next show… I just wonder if that daughter of yours has been born yet❤

    • @GeorgeKamel
      @GeorgeKamel  Рік тому +22

      Thank you! She hath been borned. I’m holding her right now 🥹

    • @thomasfradd2034
      @thomasfradd2034 Рік тому +3

      Congratulations George ! Love your channel and your sense of humour 😀

    • @brandonsanchez8176
      @brandonsanchez8176 Рік тому +4

      ⁠@@GeorgeKamelHUGE Congrats man!🎉 I’m in the girl dad club too! Maybe a future video idea would be your approach to college savings!? I need your wisdom on that one!

  • @millerliftin365
    @millerliftin365 Рік тому +1

    hahahaha it's the Jocko Photo for me at the end! Great stuff George! 🤣

  • @Andrewpiter
    @Andrewpiter 11 місяців тому

    This is sad for me because I already don’t do 90% of the things listed.

  • @tarpontime7562
    @tarpontime7562 Рік тому +3

    You coulda bought a cheaper watch than that Apple Watch and invested the difference in a loaded index fund. Lol

  • @victorbaird8220
    @victorbaird8220 Рік тому +19

    1. New cars
    2. Eating out too much 😢
    3. Subscription services 😂
    4. Hobbies
    5. Friends or you on vacation
    6. Luxury items (cars clothes vacations).
    7. Investing while in debt.
    Go watch something else 😊

    • @lucyv4416
      @lucyv4416 Рік тому +2

      Scrolling the comments for this.. haha.. thanks 😊

  • @annaadaeze
    @annaadaeze Рік тому +1

    I love the guy putting potatoes into the pot and then fire 😂😂😂. Love ur content. Hello from Athens

  • @TarmacSkin
    @TarmacSkin Рік тому +1

    Hobbies!! I never noticed how much money i threw away on bikes.

  • @aarontaylor7765
    @aarontaylor7765 Рік тому +1

    Bro that Eminem with the “watch your profanity” guy was the best thing I have EVER seen 😂😂😂😂👍🏼👍🏼

  • @pirateslife4me
    @pirateslife4me Рік тому

    Mine is meals out: McDonald's app, the best restaurants near me (on occasion), even the dreaded Doordash during a job transition). The worst part?? I love my own scratch cooking!! Thanks for a great video 🔥

  • @hammo4168
    @hammo4168 Рік тому +5

    I like that you pointed out that hobbies can really hit your wallet pretty hard. I defiantly agree with changing your hobbies up to where it’s cheaper for you to enjoy them. For example, I play basketball several times per week and I hardly costs me anything other than has to get there. I work from home so I don’t consume much gas. Another hobby that’s a money saver is video games. I buy a game one time and I get hours upon hours of enjoyment and I can put it down and come back to it whenever. I am very picky on which game I buy so the amount of games I own is not much or it’s growing because I’ve had them for years.

  • @TedPatrickBaird
    @TedPatrickBaird Рік тому +1

    Designer beige 😂 never thought I would see a Trevor Wallace reference in your videos!

  • @maxiecharles2842
    @maxiecharles2842 Рік тому +24

    Most people venture into crypto to be a millionaire meanwhile I just want to be debt free

    • @cassiejacobs4197
      @cassiejacobs4197 Рік тому

      I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings

    • @lasvegasluca9509
      @lasvegasluca9509 Рік тому

      ​@@cassiejacobs4197I'm enjoying working under a platform that brings good returns all in crypto currency with the help of my account manager Mrs Catherine

    • @lasvegasluca9509
      @lasvegasluca9509 Рік тому

      ​@@cassiejacobs4197Learn and trade under a guide I do same and I hardly make losses in the market

    • @thomasdooley3702
      @thomasdooley3702 Рік тому

      Starting early is the best way to getting ahead of build wealth, investing remains the priority

    • @indiaculture5166
      @indiaculture5166 Рік тому

      Having a job doesn't mean security rather having different investments is the real deal

  • @marinasmith4772
    @marinasmith4772 Рік тому

    When I was young and watching every penny my treat was to go to the grocery store. I spent so much time comparing prices but it was productive spending because it was for things my family needed. When you are trying to save money, treat yourself to some mini-splurges on things you need i.e. buy that gourmet coffee brand at a great price rather than going to an expensive coffee place. It is a fun challenge.

  • @rossedwardmiller
    @rossedwardmiller 10 місяців тому +1

    The hobbies category is so sneaky. Golfing is a lot more expensive that beer league softball

  • @chrispaul3778
    @chrispaul3778 Рік тому +27

    Everyone needs more than their salary to be financially stable. The best thing to do with your money is to invest it rightly because money left for savings always ends up used without returns

    • @indiaculture5166
      @indiaculture5166 Рік тому

      I'm looking for something to venture into on a short term basis, I have about $6k sitting in my savings

    • @lasvegasluca9509
      @lasvegasluca9509 Рік тому

      ​@@indiaculture5166I'm enjoying working under a platform that brings good return in my life and I've been making my weekly returns without stress all in cryptocurrency

    • @lasvegasluca9509
      @lasvegasluca9509 Рік тому

      ​@@indiaculture5166 Learn and trade under a guide I do same and I hardly make losses in the market

    • @indiaculture5166
      @indiaculture5166 Рік тому

      I've been researching advisors lately because the market news I've been seeing hasn't been that positive. Who is directly you exactly?

    • @lasvegasluca9509
      @lasvegasluca9509 Рік тому

      ​@@indiaculture5166I will personally introduce you to my account manager Mrs Catherine of UCLA Anderson financial Institute

  • @2010MiCkEyMoUsE
    @2010MiCkEyMoUsE Рік тому +2

    $1400 on a three day weekend?!?! Y'all need to find more cost effective ways to vacation.

  • @sophiasavanna1329
    @sophiasavanna1329 Рік тому +2

    Hate a person with a cropped ankle hem

  • @elizabetherwin9192
    @elizabetherwin9192 Рік тому

    Credit card debt. One credit card went up to 20%. Trying to pay off as fast as I can.

  • @scalpdotink8450
    @scalpdotink8450 Рік тому +1

    Love your show! ❤

  • @ElBadu
    @ElBadu Рік тому +1

    “Mary Kay for young man” hahaha!

  • @petaluma0
    @petaluma0 Рік тому +1

    Legend!

  • @davew1337
    @davew1337 Рік тому +1

    Definitely need a zero based budget that starts with paying yourself (retirement) to desired % 15-25 depending on who you follow first. A zero based budget solves every other problem in the video.

  • @RealziesCuts
    @RealziesCuts Рік тому

    Thank you 🐪

  • @AvaCharlotte-pn6iv
    @AvaCharlotte-pn6iv Рік тому +135

    These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $100k now to put in the market.

    • @JoseLuis-zn5tb
      @JoseLuis-zn5tb Рік тому

      @kumarsingh.. Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation

    • @JoseLuis-zn5tb
      @JoseLuis-zn5tb Рік тому

      @kumarsingh.. this recommendation came at right time, very much appreciate it. curiously inputted her full name on my browser and found her site top search, no bs.. over 20 years of experience is certainly striking!

  • @joelbennett1987
    @joelbennett1987 11 місяців тому

    The photo with jocko is step 1 of man steps

  • @rollakid
    @rollakid Рік тому +1

    Income to car price ratio for Americans are a dream for so many people. It's really dirt cheap compared to some part of the world. *envy*

  • @J-qp3mv
    @J-qp3mv Рік тому

    I definitely need to stop eating out

  • @gbau92
    @gbau92 Рік тому

    Thank you for this !!!

  • @MKiurinuRigold
    @MKiurinuRigold Рік тому +1

    Cool Info

  • @johncameron4194
    @johncameron4194 Рік тому +1

    I drive a 20 year old car. I don't eat out. I don't have any subs I watch dvds or read a book. I save up for travel and hobbies

  • @jtotheace1
    @jtotheace1 Рік тому

    Excellent video thanks!

  • @SargieMaeAgcaoili
    @SargieMaeAgcaoili Рік тому

    Thank you!!!!❤

  • @Donkeyearsa
    @Donkeyearsa Рік тому

    If you want to do vacations on the cheap try camping. Yes the first time out will be very expensive as y9u have to bay all of that camping gear but from then on its really cheap.

  • @williamdavies6468
    @williamdavies6468 Рік тому

    My biggest struggle is using credit cards for groceries and gasoline for vehicle. My income is not enough and I know I need additional income to help my current situation

  • @chuckstemm443
    @chuckstemm443 Рік тому +3

    That MJ meme never gets old 😂