DON'T GET WIPED OUT! DO THIS TO KEEP YOUR MONEY SAFE!
Вставка
- Опубліковано 28 вер 2024
- Check out my book "How to Live On Almost Nothing" by clicking here: amzn.to/341g0wT
Paperback option: amzn.to/3w7noBj
Check out Mint Mobile here: mint-mobile.58...
No gimmicks, it's only $15 a month!
Ditch Cable and Get a Roku Box by clicking here: amzn.to/3JVo2Hy
For daily blogs and vlogs, check me out at Patreon.com/Prepperprincess
One of the best lessons I learned in life, was to make myself happy. I can be happy pulling weeds, cleaning house, doing laundry, walking. I just want to be happy. I don't need stuff to be happy and I don't owe the bank or have any credit card debt. If I want a new anything, I save for it.
You do NOT come off as unempathetic! You are direct, honest and an example of what you “preach.” Why would you apologize for that? This is the kind of advice our world needs right now, not more BS and excuses.
AND. I’m here for the puppies.
"To be unclear, is to be unkind" as uncle Dave says...
Being a senior in senior housing, I can't have investments. I'm frugal, I do have sinking funds, I have paid my rent a month in advance so if I was to pass it gives family time to go through my stuff. I can't keep my money in a bank. What money I save, I have a fire safe that I put it in. Yes, I'm low income. Just cause your low income doesn't mean you can't save for hardships. My medical is a high deductible of 4k a year. I'm saving for that. So if something happens I'm not strapped to pay it. I work with what I have, I'm vegan, I bought a Apt washer to save money and dry my clothes on a rack. I have solar bulbs to save on lighting every day. I budget 120 a month for gas/electric. What money isn't used goes into a fund for winter heating cost. I feel great about what I'm doing and yes mint mobile is way cheaper than T-Mobile. I save for food restocking and just did a huge food haul when case canned food was on sale. I could live 6-9 months withwhat I have.
Your smart to be your own bank and save outside the banks....just in case💙✔️
@@sjbutler2330 I understand that, that is why I explained about where I live and the conditions they place. They think if you can save the money (which I'm very frugal) I don't need to live here. I went vegan not only for health reasons but because I couldn't afford meat, dairy etc.
Your message couldn't have been more timely! I'm 74 and living as an expat in central Portugal, recently divorced on a low pension. I've been watching you for a while now, and learned a lot. Bless you and your adorable dogs! Dee
I’ve recently stopped frivolous shopping. I love estate sales, thrift stores auctions etc . While I often would buy things to sell I would often tend to buy things for myself and that snowballed into a house full of crap. I started selling stuff and donated a bunch and I’m still working on it but the main thing is I stopped buying ! And over the last few months I was able to save 500$ which I used to pay off some credit debt .
Blunt. You mean straightforward and truthful without candy coating it? I think there are many people who need to hear things this way - sometimes even me. 😀
Don't apologize for your personality. I agree with almost everything you preach. No BS. Thanks for being frank, honest and direct.
I don't think giving up home owners insurance under any circumstance is wise.
If you have a mortgage, you HAVE to have homeowner's insurance.
The one exception where it’s NOT the person’s fault if they go into debt is if they get hit by an unexpected medical bill that insurance won’t cover. In that case it’s our healthcare system we should blame.
Princess prepper, you are precious!!! Thank you for your wisdom. You are sooo encouraging!!!
We were so poor the school would give ud peanut butter powdered milk and canned veggies. I appreciate everything
Awesome video. I grew up having to work for things I wanted. Thank you for the video. Blessings to you.
There is so much opportunity here in the US. If you say you can't make it here, you can't make it anywhere. It will be rough to get yourself out of a financial mess, but if you're willing to work, you can succeed in improving your life. There are some situations that require outside help. Use those resources available to you.
There are too many people, I feel, who sugar-coat or beat around the bush rather than tell people the hard truth. I think to be truthful, as you are, is not cruel; it's kind. I found ways to effectively change my financial behavior, and it saved me, financially speaking. I love listening to Dave Ramsey and to those who practice similar teaching techniques. I'm so much the better for it. Thank you, PP.
I had to raise 6 girls by myself, I learned frugality
I have been told that many times hmmm....
The thing with home owners insurance is that a lot of cities have an ordinance that says you have to carry home owners insurance.
I've never heard of a city requirement, but codes requiring properties to be rebuilt... after a catastrophe. Are city requirements in response to the unprecedented disasters the USA has experienced over the past decade?
@@ashleybosvik3031 My city requires it if you have a mortgage or not.
I would like to see more budget food challenges if you have time friend😊 I think you did like $30 a week for a month and whatever you had leftover you kept the change and receipts to show people much they could save and how much they would have left over if they just planned ahead and stuck to the plan. And then see the end result. Did you show that? How much money you had left over at the end of The 4 week challenge and how much food do you had left.? I think I can't find the last episode of that challenge
Mint mobil told me they cant do my area. I also now stay out of thrift shops even tho i got prep item like blankets for SHTF n maybe no heat, candles $1, oil lamps$3-$5, esp warm clothes. All were way cheaper, $5 or less ,but i think i hav enough that i could share if needed.
You look very pretty today. The blue sweater matches your eyes. It's a perfect match!
Hit home.. terrified.. but eyes wide open.who to trust..thank you for the encouragement 👩🎤
I love your up front blunt style as I'm after the facts without the fluff, so thank YOU PP. Your information is helping out family.🥰Blessings from South Australia💕🐨
I wouldn't recommend going without homeowners insurance!
If you have enough $$ to replace your home then save the $$
I appreciate you
I totally agree! CANT never did shit! I wanted a home on my property so I put everything in storage quit my chintzy office job and became a over the road trucker, why? Because I could live in my truck , save my $ and great thing about trucking you can live anywhere! I worked hard but had family who were calling asking for $ ( grown kids) it took me 15 years to pay off my home…I had to cut the purse strings . I taught my step kids how to get a home, they work at Pizza Hut have a home and pay less on house payment than a studio 300 sq ft apartment. It takes stop saying you can’t and get up and do! And with the Lord in your life there is nothing you can’t accomplish!
You're a can do person. Did you have to rent storage or were you able to store stuff on your land?
You are a financial guru, indeed ❤❤❤ love your bluntness
Great video again! You are 100% right about everything!! Aww, the babies chilling out with you!
You’re awesome I so enjoy watching you. Keep up the good work young lady.
I appreciate blunt, honest people that don’t sugar coat stuff. I grew up very poor as well, no dad,etc and you do get a mindset most just can’t comprehend unless they grew up that way also. My kids,family, and friends don’t understand why I won’t just go buy everything I want or go on a vacation or two every single year. Why do I drive an older car? I don’t understand how people can just be so frivolous. It literally makes me sick and gives me extreme anxiety if I don’t have savings for every possible thing that can go wrong or investments. It causes lots of tension with family. So many family members spend every penny they get. I save my Pennie’s in jugs lol.
Great video. You tell it like it is. You don’t sugar coat it. Sometimes blunt works and opens people’s eyes.
I have liability only and I drive a 1998 Nissan Altima my monthly bills are just over $1000
I find your bluntness refreshing. Keep it up! ❤️
Want to be rich and secure? Don't get married. Don't have kids.
Don’t marry stupid gals and pay attention to your kids and you’ll be fine. 😊😊😊
Yep!
It's actually true. Families are a luxury.
This was such a great talk. I enjoy your realism when it comes to finances. I like to try to “swim down stream” instead of fight the system. It makes life easier if you know what is and isn’t available and work with what is available.
I do get sucked into consumerism sometimes and I have to pause and ask myself how can I obtain the same thing for less if it something I really need. It helps to pause and think before I buy.
I have an extremely frugal relative. And I think about what she would do to solve a problem for cheap or free. It helps me stay on track.
I’m the same way! I make myself think about any purchase overnight, and most times I decide I don’t need it.
It is psychologically hard to invest when you have worked hard for your money and are intelligent enough to know that there is a risk involved in investing. Everyone has a different threshold for risk. It is ok to work hard, spend little and save the rest. Better than putting your head in the sand and just spending. Just my two cents worth.
This! If you grew up in a lower socioeconomic background - transitioning to a growth mindset almost requires a complete neurological reprogramming… or a lot of therapy!!
You can spend $3000. on a tooth in the USA ... 😳❗️
The only risk in the s and p 500 is if you have a freak accident and before your money can grow. Literally.
💯 agree with you
Great video. People do not want to be uncomfortable at any time not even if that is what gets them to the next step up. I get it, who wants to be uncomfortable?- but I'd rather go with out cable or my phone plan for a year or two and be able to pay off my debt.
Buying used and new vehicles these days are both horrible
On purpose
Yep! Head down. Mouth shut. Just do it. 🎉
Even in retirement I continue to add to my investments. I live on a pension. People need to learn necessarty from luxury. I know too many who think cable is vital.. High schools in my state are making Finance a mandatory class. Understanding budget and investments is a great begining.
Just saying.
Only debt that may not be a persons fault is medical.
same same.. I invest my pensions until I have 3 years of income/benefits put aside... Then I will reevaluate the intensity of my savings and MAYBE consider living on the interest/dividends as I continue to save
Great video with important advice. If people would only listen. I live very frugal and it is because I know my income limits. Blessings.
Your attitude is wonderful. I enjoy it. Thank you.
Life is funny I grew up very poor. As soon as I could earn money babysitting I earned money to by essentials like one pair of shoes or a coat. I worn my dad hunting jacket to high school and
Best advice ever, thank you Princess and puppies ❤
Yes, indeed!
Too True
You touched on a subject I've always wondered about: at what point do you stop paying insurance premiums? Do you pull money from assets to pay them, or do you stop short of doing that? I only want opinions, not advice.
The reason I love your channel. I’m the same. Blunt about the same things.
Another great video!!!
The quickest way to get wiped out is by scammers. They don’t take into account how frugally you have lived.
Just sneak in through the southern border. All is free!
What do you mean?
Hi, I’ve been a subscriber for a while. I always look forward to your videos I’ve told you before, but I really like them, they’re informative and I learn a lot so thanks.
good talk!
I just subscribed you, I likeed this video so much
To be clear, mortgage loans require the collateral / real estate to be insured. Mortgage companies do quickly foreclose on these uninsured properties. At some point when you own enough of the property, I recommend you learn of Umbrella Policies. Some people carry the right mix of terms in their policies to qualify. I think once a person is qualified, it is a small premium for $1 Million Umbrella policy. The more valuable the property the more I recommend this. Also be aware most communities require buildings to be restored / rebuilt after a disaster. For this reason those who own their property 100% should consider their options in the event of a sudden catastrophe. A friend's apartment burnt with everything she owned due to a kitchen fire. And we have experienced Mother Nature a lot over the past year. Best regards!
If you own your house, insurance is not required because it is used to protect the owner of the property. The banks require insurance because they still own the house and you are just living there until it is paid off.
I do have to say insurance is a non-negotiable for me. I live in a very large metropolis and it is needed to protect your self from sue happy people. Recently my spouse got into a fender bender and the other driver is coming after our car insurance for thousands of dollars. I’m so glad I have insurance and don’t have to be personally sued and have my hard earned retirement money taken away from me.
In addition, I have a family of 4 and 2 persons in my household have had and are having surgery this year. For the surgery that already occurred the medical bills were over $120k. We paid about $700 out of pocket. Again insurance is a non-negotiable when it comes to medical, home and auto.
The real estate collapse occurred when people who did not qualify for loans were given loans anyway. These were packaged with other viable loans. Unfortunately, no laws were ever passed to prevent this from happening again.
A lot of people can't handle bluntness. I'm not sure why, because reality doesn't have kid gloves. There is a difference between matter of fact and mean. I think it's just the challenges to wants and needs and dreams, some can handle it better.
My parents never got help with my college education either. But what if I was living on welfare at age 18 and not living with my parents. Would I then be eligible for grants for College? I always wondered that.
Been thinking on this latest post. My task has been to create a money flow to invest, which I am doing. The markets, whether they go up or down is above my pay grade, out of my hands. To believe that I can time markets, know if they will be going up, down, sideways, is absurd and grandiose. My task is to invest. Very good post this time PP. Just adhere to the plan.
❤
I love the way u come across
Simple..lazy people..want quick fixes
BIBLE says " DON'T WORK YOU DON'T EAT" 2 Thes 3
I have a mortgage and I want to make a payment to low my debt. Is it worth to pay 10k or to invest those 10k? Thanks for your answer😊
😊👍 So glad that I invested in Hunter Biden’s artwork ... 🎨 💰
I haven’t had one second of regret over paying off my mortgage early!
Gold, silver, and platinum. Off the record $.
I like all those four traits of you and I’m the same way, just get to it
He's got adorable ears 🤗
You and Tawra Kellem (sp) are my favorite UTube ladies!
Grrreat!!
The only thing that scares me by going through the stock market is falling to a - balance. Like what happens then? I'm now in debt? 😢
That only happens if you trade on margin. Don’t trade on margin.
@@PrepperPrincess Got it. Thank you for the response 🤗
Exactly. If you're not on margin the worst that can happen is a zero balance. It also happens when you write puts or calls naked. Don't do that either.
@saltyfixes7 if you fall to a zero balance, then that means you will have to invest more money then, right? Since you no longer have a balance & the market goes up, then it isn't not like you will just go from 0 to something?
@@aivela7e all depends if you hold your assets, like she was saying. If they rebound they will have value again. Also other companies may buy the company you hold stock in so you may get some money that way too. You can also average down or up (depending on what you paid for your original asset) by buying more of it in anticipation of it rebounding. It’s only when you sell and exit your positions that you’ve finalized your gains or losses.
Can you make a Dedicated video on how to use wealth simple?
Caleb Hammer does financial audits. To know what NOT to do.
Economic Ninja and George Gammon and Ialledgidly to learn about the REAL economic news.
PP and homestead Tessie to learn frugality tips
Just got done paying off all my credit card 2 months ago. Now I'm working on a personal loan, that should be paid off in May 2024. I have a side hustle and it is paying my 5 monthly bills. That means that all my money from my full time job goes to paying off that personal loan that is one of my 5 monthly bills. Lots of work, but I feel better with every check.
Grear job! You can do it! Just keep focused! You are so close! After you pay all your debt get your emergency fund in place. We do 6 months expenses for ours.
Because of watching you I have just lowered my internet a month by $40. I have turned down the setting on my water heater. I turn power off with power strips! And then today i scored my second job! I cancelled all memberships…. You have inspired me and taught me. Now if i could just wrap my head around investing! Thank you PP ❤
I’m with you when it comes to finances. I worked hard to get where I am. No help for my finances. At times I worked 2 jobs. At one time I had a lot of debts but worked my way out. Being a woman of color I was not afforded any breaks. I had used vehicles to drive. I figure if I can do it you can to! I raised my son alone and he got an academic college scholarship on his own. He is now a hard worker with a family and his home is paid for.
I have a very very similar story !
Did it all alone .
Raised a son.
Used cars.
Bought a beautiful home on my own.
Worked all sorts of jobs.
It can be done ✅
I really enjoy your videos. My expenses are 1000-1500 a month and I live in NJ. I own my home, my car and have no debt. At 68 I also have 2 ebikes, one urban and 1 mountain ebikes for the trails. I am still investing and also have a 401 that is invested in stocks. I think a lot Americans are financially illiterate. I think courses on finances and investing should be required as early as 7th & 8th grade.
We had the same father! Lol. And my life was basically the same as yours! I remember being thrilled if we could scrounge up enough quarters to do laundry. Went to nursing school on scholarship and now happily retired with no debt and lots of assets!
Coming to you from New Zealand, one of the most expensive countries in the world. I’ve been working hard since I was a young teenager, and never looked back, now 28 and have 3 houses, 1 I rent to my parents the other live in and have a another couple rent the 3rd. I still work full time and invest the rest in the stock market while living below my means. I plan to have all the mortgage paid off and have full financial freedom at at the age of 35. The average house price in NZ Is about 550k for a fixer upper. All of these houses needed a lot of work which I did myself. So you can achieve anything if you put your mind to!
I'm not looking for empathy trust me I have too much of it myself and I'm not looking for you to beat around the bush I watch you because you are blunt you do get to the point. I don't need my handheld I need to know advice on what to do and what not to do. You provide that and I'm very grateful thank you
I am canceling my Netflix and Hulu this weekend.
I appreciate all your money saving ideas and your frugal mentality.
Trade school! Inexpensive and can be very valuable. Becoming a skilled welder can bring lots of income, esp as a side hustle.
You are my hero. I will be debt free in July 2024, with a saving account. It WAS hard switching to cash only, but I’m over it now. Pounding down as fast as I can. I budget, and follow it! After that I will be buying dirt. My house is paid, my car is paid. My house needs work, but I can only work on it as I earn it.
I’m blunt as well. Grew up poor too. My husband and I are retired quite comfortably now. Lots of our friends and family made fun of us for being “cheap.” We did it all on one low income. I stayed home and raised our seven children and made money on the side as I could. Saving money and making do was my full time job. Our children make much more money than we ever did but they are thankful that they know how to live on much less. America is still the land of opportunity for those who open their eyes and are willing to put in the work.
@treeintheroad totally agree that America is the land of opportunity if you work hard. My mom had 2 jobs. In the daytime, she worked retail and at night she took me along to clean office. She had no one as well and I was too little to stay at home alone. I appreciate her hard work because I learned to work hard myself. Growing up poor, I desired nothing except time with family.
Blunt, to the point, unempathetic, I have been accused of the same. Just means you have more than a nod & blink acquaintance with reality.
Love the doggie clips at the end. By the way you don't sound unsympathetic, you are a realist and are trying to help people.❤
Yep. Same here with a lot of this. I got the Pell grant for my undergrad. Add to that the fact that my mother had/still has a terrible mindset for money (bought a fancy sports car at high interest but didn’t make rent payments and we got evicted - twice) and a gambling problem. I struggled with financial literacy because I had none and had to teach myself and have finally made gains, but I struggle with the scarcity mindset and with this impulse to spend if I have extra money/living in the now mentality. I literally felt something akin to panic when I started building my savings. I can’t explain it. Luckily I have some very money savvy friends that I look to and try and emulate, and I seek out videos like this to get my head straight.
If you liked this video you might want to check out her video on investing. She has several. Very informative.
Thank you for not giving up on me.😂 I’m ready to get serious with my money or lack there of. ❤
This is the exact mindset of a couple of women I worked with. I do not feel sorry for u if u don't try to improve ur situation, in fact I can't stand those people always complaining but never trying to make things better. I'm on a fixed disability income of $1100 a month I'm ALWAYS looking for ways to improve my situation
Thanks for the video. Really appreciate your no nonsense, tough love approach and encouragement
i have cut all expenses , but you can be debt free until a health crisis happens to you. I know. my situation now alot of insurance you are responsible for your premium + many things your health insurance does not cover you only find this out afterwards when your going thru it
Being debt free is the most wonderful feeling in the world. You will feel rich even if you are not because all the stress and worry of debts is gone.
❤from Australia ❤I’ve been called abrasive more than once,too old to care😮
Prepper Princess, you are right. Mindset is everything!
I am cautious about not having homeowners insurance due to knowing someone who didn’t and watching them end up with a burnt out lot after their house burned down.
Less desires, less disappointments
Tempering your desires for stuff can make you feel a lot richer.
Poor and broke are two different things. Both reflect a lack of money. Poor is a mindset, broke is a temporary condition.
I used to be broke, but I have never been poor.
Thank you for your content.
I think you have those backwards. Broke is a mindset, poor is a lack of money
I think it has something to do with aging. When you're young, you want the home, car, clothes, electronics, vacations, etc...but as I've gotten older and had all those things, they're not important anymore. I don't own anything and spend very little. I don't care about getting rich. Now all I want is enough cash to afford a clean, safe place to live and pay the bills. I want to live out my remaining days in peaceful quiet, taking long walks, eating good food and enjoying a cool breeze. What more do you really need?
Hey, Prepper P, I've been watching you for a while here in Ireland. My wife and I are becoming a couple of "weired people". Ramsey-ing our lives and you've provided a great deal of great information and even better example. Thank you from the bottom of our hearts for, well - just being yourself. ❤
You are very empathetic in the way you actually try to help those who need it the most. Straight talk is the best love language of all. You are a gem!
I have a friend who has given her husband control of their finances. He isn't good with money and she frets all the time about what he's spending but she doesn't take responsibility for knowing what the bank balance is. Don't put your head in the sand because the time you get the wake up call - it's too late.
In my home my husband takes control of my finances but he is very responsible he bought us a paid for house 2 yrs ago few months after we got married, im a spender so is hard for me.
Your so right. A lot of folks are so materialistic. I don’t live in the states but one thing I find bizarre in America are all the storage units where people store their “stuff”. What a total waste of money.