Striking a balance of minimalism and being frugal is the best way to a debt-free and financially stable life. There's a distinction between the two; frugality focuses on spending less and getting the best deal, but doesn't pay much attention to quality or quantity. Minimalism focuses on owning fewer things and living simply, with a focus on quality and not much focus on price.
I make it a point to observe Professionals that I hire to do things for me. Gives me a chance to pick their brains and learn things I might not be able to get from a book. Enjoying your channel.
That's actually one of the best things we can do daily in order to lessen our unwise spending over food as we may find ourselves buying on convenience stores when being confronted with hunger during a trip.
Love the tip about learning to do things yourself! I've recently learned how to sew/mend my clothes. I was able to expand the lifespan of multiple pieces 😇💪 Thanks for sharing another fun video! 😁
It's very entertaining and very informative! Glad to hear you are a living a practical minimalistic lifestyle and I wish you all the best in your financial journey!
I fix my own car when it's possible like oil changes, tune ups, and some suspension parts. I started learning in high school, mostly because I couldn't afford to pay someone to fix it. It does help me financially.
Changing the oil in your car is easy, it's figuring out how to dispose of that oil that is the hard part. As a result I always take my car to a mechanic for an oil change because they have safe proper ways of disposing of it. Air filter, lights, coolant those are easy things I can do myself and not worry about the disposal.
Hy Nick, love your videos. I'm trying to be a minimalist and frugal. I don't live alone so the house has much more stuff than I would like. But I regularly go through my stuff and declutter. One thing that helps me save money that I practice regularly is that I first go to the second hand store when I need a piece of clothing. The next step is searching in the adds if maybe someon living close to me is selling. One other thing that I do, and that might (still) have a stigma, is that I dumpsterdive. I don't do it actively. I just take a look in the dumpster (occasionaly) when I'm passing by. I don't take food but I have found a lot of things for the household and a lot of clothes. And bunch of other stuff as well - for example a big collection of LEGOs. On the other hand I did'n save any money when I recently needed a new pair of shoes; I went to my favourite store and bought the ones I liked the best. If you works hard you have to treat yourself nicely ocasionaly. I like to talk about these things so maybe I alreday comented on this chanell also the same thing, sorry if so, lol
i like to keep my food budget in my phone, with every purchase i subtract from the balance & can see where i am at in the budget vs. the month. going out for food also counts. so, i can cook for myself on about $5-8/day while going out to eat can cost $20+ for one meal. the budget incentivizes habitual frugality, yet it has room for a few intentional splurges.
I like that. Sounds like a really easy way to keep track of spending, and yeah eating out adds up so quick, I’m sure the visual representation keeps you on track
While biking around town I left myself bring junk food. Biking always makes me hungry and being close to other junk food. . . yikes! Giving myself a junk food snack for 1.00 vs a 10 dollar meal is waaaay better for my wallet and my health. PLUS I wanna bike waaaay more.
Thank you for nice tips. I would say that understanding where the money goes and "paying yourself first" will be game changers for many at least if you havent done your own "due diligence report." Greetings from Finland.
If you want to reuse containers but want it to look “better”, try to keep most of the same things. The jar of your favorite pasta or apple sauce is something you probably purchase pretty regularly. Keeping those will make your storage solutions look more “aesthetic” while still being a frugal solution. I hope this helps someone!
Our moms in Turkey sometime they fill stuffed bell pepper in ice cream container (algida) and who open the fridge attack on the ice cream container they think there is delicious ice cream but always they will be shocked :D and i think starbucks cups are great pencil case
I couldn’t go to my hairdresser during the pandemic and according to my calculations saved over $3,000. I sort of felt pretty bad about that but I sure found ways to spend otherwise and more useful stuff for my minimalist journey.
I put things I want and need in my Amazon cart and then let them sit there. When the next pay period rolls around, I pare down the wants to mostly needs. I also set a budget on how much I spend each pay period so I don't overspend. This has been working well so far. Now, I need to utilize this tactic on other websites. 😊
Hello Nicholas . I just wanted to thank you for your thoughts and excellent ideas re frugal living. I live in a Studio apartment thus I don't have room for unnecessary stuff. But I love going to Thrift Stores I limit my visits to once a month with a strict budget. I also donate to said Thrift Stores
Great video....just a small comment on being able to change your own oil...if you price out the gear you need to do it, you will find that it is cheaper to go to a quick change place and have it done professionally. Thanks for the videos and sage advice.
Hmm. It may seem like the two can be used to define one from another, but no it's not, being a focuses on spending less and getting the best deal but doesn't pay much attention to quality or quantity.
@@site_is_down This is a good way of looking at it. Maybe you could say frugal is buying quality clothes and repairing them when they wear as opposed to cheap where you just buy the cheapest available and treat them as disposable.
We indians always used old clothes and bed sheets in rags and sewing new blankets, using containers in everything plus even using milk's cream to make ghee at home, leftovers flat breads to make paratha in the morning and old newspapers as children's school book's covers, we even use mother's saree to make new dresses to passing old and useful dresses to siblings and cousins!
Learning how to D-I-Y those doable things can really save us a lot of money and time. It's in these little things that we get to save on our daily life.
Very good points, especially the one on learning doing things yourself. With rugs and containers, however, I would be careful as there is a veerry thin line between frugal minimalism and clutter. Once started, we usually collect more of those than we need.
This is my biggest problem. I’ll hold on to things because I can repurpose it as x,y,z or it’s a broken thing I could repair and reuse, though I rarely do. It stems from a good place, not wanting to be wasteful, but it leads to clutter. I tend to acquire new things at a rate quicker than I can wear them out and use them up.
I remember my mom packing my school lunch in an icecream container and other students thought I was eating icecream for lunch hehe
When are you coming back with videos? We miss you! 🙏🏽🙏🏽🙏🏽
Striking a balance of minimalism and being frugal is the best way to a debt-free and financially stable life. There's a distinction between the two; frugality focuses on spending less and getting the best deal, but doesn't pay much attention to quality or quantity. Minimalism focuses on owning fewer things and living simply, with a focus on quality and not much focus on price.
Very true. Thanks Olga 😄
I love your slow cadence of speech. It is so relaxing and I can understand what you are saying. Thanks for all you do.
Glad you enjoy it!
4:06 oh hey, it's that delicious-looking container of fruit from earlier.
I make it a point to observe Professionals that I hire to do things for me. Gives me a chance to pick their brains and learn things I might not be able to get from a book. Enjoying your channel.
Love that!
I carry nuts in my car, that eliminates hunger and is also nice to feed the squirrels 🐿
I like that 😄
That's actually one of the best things we can do daily in order to lessen our unwise spending over food as we may find ourselves buying on convenience stores when being confronted with hunger during a trip.
Love the tip about learning to do things yourself! I've recently learned how to sew/mend my clothes. I was able to expand the lifespan of multiple pieces 😇💪
Thanks for sharing another fun video! 😁
That's a super useful skill! I should learn that. Thanks Delala 😄
Would love more frugal living videos, I consider myself a frugal/practical minimalist 😃
Noted! Thanks Tia 😊
It's very entertaining and very informative! Glad to hear you are a living a practical minimalistic lifestyle and I wish you all the best in your financial journey!
I love your channel ❤
I fix my own car when it's possible like oil changes, tune ups, and some suspension parts. I started learning in high school, mostly because I couldn't afford to pay someone to fix it. It does help me financially.
Changing the oil in your car is easy, it's figuring out how to dispose of that oil that is the hard part. As a result I always take my car to a mechanic for an oil change because they have safe proper ways of disposing of it. Air filter, lights, coolant those are easy things I can do myself and not worry about the disposal.
I watch for a cupel month and enjoy every second keep going. I think the biggest give way from this video is to be creative.😁
Hy Nick, love your videos. I'm trying to be a minimalist and frugal. I don't live alone so the house has much more stuff than I would like. But I regularly go through my stuff and declutter. One thing that helps me save money that I practice regularly is that I first go to the second hand store when I need a piece of clothing. The next step is searching in the adds if maybe someon living close to me is selling. One other thing that I do, and that might (still) have a stigma, is that I dumpsterdive. I don't do it actively. I just take a look in the dumpster (occasionaly) when I'm passing by. I don't take food but I have found a lot of things for the household and a lot of clothes. And bunch of other stuff as well - for example a big collection of LEGOs. On the other hand I did'n save any money when I recently needed a new pair of shoes; I went to my favourite store and bought the ones I liked the best. If you works hard you have to treat yourself nicely ocasionaly. I like to talk about these things so maybe I alreday comented on this chanell also the same thing, sorry if so, lol
Hi Katarina! I think shopping second hand is a great idea for some stuff. Thank you for sharing 😊
i like to keep my food budget in my phone, with every purchase i subtract from the balance & can see where i am at in the budget vs. the month. going out for food also counts. so, i can cook for myself on about $5-8/day while going out to eat can cost $20+ for one meal. the budget incentivizes habitual frugality, yet it has room for a few intentional splurges.
I like that. Sounds like a really easy way to keep track of spending, and yeah eating out adds up so quick, I’m sure the visual representation keeps you on track
Love to see how your channel is growing!! I think we will be able to create a beautiful community of conscious people here.🤗
Thanks so much Claudia! Always appreciate the kind words 🙏🏻
Hi Nicholas. Another handy video☺️. I've been doing the old t shirt hack for years☺️. Hope your feeling better now and have a great weekend ☺️
Best days are Nicholas Garofola posting video days!
You're too kind!
While biking around town I left myself bring junk food. Biking always makes me hungry and being close to other junk food. . . yikes! Giving myself a junk food snack for 1.00 vs a 10 dollar meal is waaaay better for my wallet and my health. PLUS I wanna bike waaaay more.
A reward for all your biking 😄
Thank you for nice tips. I would say that understanding where the money goes and "paying yourself first" will be game changers for many at least if you havent done your own "due diligence report." Greetings from Finland.
Exactly, well said!
If you want to reuse containers but want it to look “better”, try to keep most of the same things. The jar of your favorite pasta or apple sauce is something you probably purchase pretty regularly. Keeping those will make your storage solutions look more “aesthetic” while still being a frugal solution. I hope this helps someone!
Wonderful video with insightful and original suggestions. Thank you.
Glad you enjoyed it!
Wow! Cutting my own hair didn’t even cross my mind until now. Nice insight!
Thanks 🙏🏽
Binge watch ur vids ❤
Our moms in Turkey sometime they fill stuffed bell pepper in ice cream container (algida) and who open the fridge attack on the ice cream container they think there is delicious ice cream but always they will be shocked :D and i think starbucks cups are great pencil case
Great tips buddy, esp the haircut one. I’m guessing the pandemic and barbers being closed taught a lot of people to cut their own hair.
I think so!
My husband needs a haircut every 2-3 weeks. I started to cut his hair about 18 years ago! $$$
@@tllw0209 awesome! I bet you’ve made a tidy profit if you’ve been charging him? 😂
I couldn’t go to my hairdresser during the pandemic and according to my calculations saved over $3,000.
I sort of felt pretty bad about that but I sure found ways to spend otherwise and more useful stuff for my minimalist journey.
wow, i generally only get a haircut 5-6 times a year, didn't know this wasn't normal. (I'm a guy)
Early 😌💕
I put things I want and need in my Amazon cart and then let them sit there. When the next pay period rolls around, I pare down the wants to mostly needs. I also set a budget on how much I spend each pay period so I don't overspend. This has been working well so far. Now, I need to utilize this tactic on other websites. 😊
A great strategy!
A majority of us Indians reuse old clothes as rags and reuse containers. 😀
Awesome 👍🏽
Poeple who have prime are buying much more ... I quit this some years ago 😃
Hello Nicholas . I just wanted to thank you for your thoughts and excellent ideas re frugal living. I live in a Studio apartment thus I don't have room for unnecessary stuff. But I love going to Thrift Stores I limit my visits to once a month with a strict budget. I also donate to said Thrift Stores
That's awesome, thanks so much for watching!
Next step might be about the cups of pre-cut fruit (there are other good reasons to let go of those)? 😅
Cut those myself actually 😄
@@NicholasGarofola Well, then "nothing said", I guess. You really got me with this. 😅
It’s also cheaper to buy the fruit whole and cut it yourself!
Great video....just a small comment on being able to change your own oil...if you price out the gear you need to do it, you will find that it is cheaper to go to a quick change place and have it done professionally. Thanks for the videos and sage advice.
Nicholas you beauty! :")
Reusing food containers is useful but not aesthetically pleasing.
Agreed
Not gonna lie....I miss the old intro 🥲
It has a special place in my heart 😅
Serious question, what's the difference between frugal and cheap?
Hmm. It may seem like the two can be used to define one from another, but no it's not, being a focuses on spending less and getting the best deal but doesn't pay much attention to quality or quantity.
@@site_is_down This is a good way of looking at it. Maybe you could say frugal is buying quality clothes and repairing them when they wear as opposed to cheap where you just buy the cheapest available and treat them as disposable.
we used cloth diapers for our boys and now use them as rags. who on earth wastes money on paper towel? not me!
2:16 ahh the typical Asian household technique
🔥👍🏼
I enjoy all your videos but.....please SMILE 😀☀️⭐
But he smiles at the end of every video, i think.
I will try my best 😅
@@dianapeshan2162 perhaps a minimalist smile if that
@@NicholasGarofola I will watch very closely in your next few videos!! Good looking guy, cool outlook, young, everything to smile about! 😀♥️
He’s been unwell 🤒
I emailed you using your linked account, is it still active?
Yes it is! Catching up on emails so bare with me
But if you were to spend time learning anything on UA-cam surely learning how to invest is a better investment than trying to save pennies….? 😅
lol i use this as a poor person
We indians always used old clothes and bed sheets in rags and sewing new blankets, using containers in everything plus even using milk's cream to make ghee at home, leftovers flat breads to make paratha in the morning and old newspapers as children's school book's covers, we even use mother's saree to make new dresses to passing old and useful dresses to siblings and cousins!
Thanks for the tips, I recently do things by myself like changing my bike & car oil, & repair my laptop. Really-really save big money.
Learning how to D-I-Y those doable things can really save us a lot of money and time. It's in these little things that we get to save on our daily life.
Wanna teach me how to change my oil?
Very good points, especially the one on learning doing things yourself. With rugs and containers, however, I would be careful as there is a veerry thin line between frugal minimalism and clutter. Once started, we usually collect more of those than we need.
Our rags and old towels go to the animal rescue store.
This is my biggest problem. I’ll hold on to things because I can repurpose it as x,y,z or it’s a broken thing I could repair and reuse, though I rarely do. It stems from a good place, not wanting to be wasteful, but it leads to clutter. I tend to acquire new things at a rate quicker than I can wear them out and use them up.
My mom uses old clothes as rags haha great tips def going to implement these!
Buen video, saludos desde México.👍🏼
Doing all that specially the rags, haha yeah I don't buy rags, I use old clothes . Food probably triggers spending, because good food good mood 🤣
you just simply summarized how an average indian lives
Thank you for creating this video 🙂
Thanks for watching 😄
Great tips! I love these kinds of videos! 👍👍
I love your content i enjoy evry video you posted in the channel thanks keep going .from DZ💙
Thanks so much 🙏🏻
this is like a choice for developed countries, and compulsion for the underdeveloped ones. Sad reality.
everything matching is vulgar ... also shows a lack of imagination ... Cdn living in England
Hacks? or Habits? Why is everything on UA-cam a Hack?