My midlife gun owner advise is stop buying those next guns you just got to have and start stacking ammo and mags. A case of M193 is the best "range toy build" you can buy.
I take pride in being debt-free but it's not easy. It actually takes focused effort and dedication to ignore that my lack of debt actually comes from a lack of income necessary to get in debt in the first place.
Tip for those with lots of debt seeking help to escape: The Debt Snowball. Pay off your smallest debt (in dollar value, not interest). The amount you would have been paying towards that smallest debt, push it into the next smallest debt. When that's paid off, continue this until debt is paid off. Good luck. You *can* do this.
Very well said Ivan! As a teacher, I've seen this in parents and their kids (my students), suffered in some cases, horribly. No shoes, clothes or money for lunches. But, the parents had $80k+ trucks, SUV's, dune buggy's, $$- iphones, nails, $$-hair, ate out along with Starbucks everyday then struggled to pay bills. The kids suffered! Very sad!
I used to spend like a drunken sailor. After a mistake on a credit card payment date my 6% rate went to 30%! I worked construction 700 hours in 2 months and got a handle on it. 6 months later I fell off a roof and was in a wheelchair for a year and spent years relearning to walk. I been injured for twenty years now. I was a debt slave and buying my way out nearly killed me. I'm happily divorced and it's expensive but worth it if you are miserable. Love the content
I think many preparedness minded people tend to focus specifically on scenarios where money has become a non factor. In all of the highest likelihood scenarios, money is such an excellent prep that conversations about it are short and boring. That's probably why we find the few remote scenarios where that isn't the answer so much more interesting.
Being debt free saved me from financial turmoil. I got kicked out of the navy for refusing the jab. I had no debt and it was a big peace of mind when I got my 10 day notice. If i was in debt, I would have had a much harder time sticking to my conviction if I was a slave to a bank
I observed alot of coworkers during the 'v' make the decision to go and get it because they were leveraged by the threat of lost income. They had had to choose between their feeding their families and their morality. I felt obligated not to comply because I was able too, even if that meant finding income elsewhere. In the end, no one was fired, but many went and got it against their true wishes. You speak true.
I subscribed to you because of your insights like this about life and contracting and the meme builds with actual skill and humility. I am sorry to say I've seen your channel turn into more of an advertising space that serves the exact sort of behavior you warn against in this video, almost certainly because of sponsorship deals you may or may not be able to disclose, but I miss this and it's a good return to form. Hoping for good things for you and yours.
Having similar experiences and back story, I can testify that you are absolutely spot on. Picking yourself up off the floor is a mindset. Good on you for using your platform to share the experience and knowledge to benefit others.
NO KIT DONT SHOW ME THE NEW PIECE OF GEAR. This content is WAY MORE Important to me I wish more guys would do these kinds of videos. Man I lived the exact same way for 12 years and I believe it aged me 20 years. But yes it so very true you become a slave to your job. Once a employer sees that new truck or motorcycle they know they have you by the balls. Also thanks for giving us a glimpse for your life Kit. I been watching you since the CZ 527 carbine and then the noodle videos. Always enjoyed the honesty brother
Young dad of two here I needed to hear this I tend to buy things I don’t need just because I don’t really have a lot of debt ( 17k on wife’s car ) but this video reminded me I could be doing a lot better with my money Thanks
Probably your best video to date. I learned the hard way about debt. It took me nearly four years following Dave Ramsey’s principles to get out of debt. Very stressful time in my life. I will never do that again. Trying my best to teach my two girls not to get into debt.
Roughly ten months and I’m down to just a house payment. Looking forward to that. We pay our credit cards in full every month. Looking forward to saving a years expenses in 2025 as an additional prep.
Things to ask yourself before clicking the "BUY me now". 1. Do I really need it, 2. How will this purchase help me or others in a positive way, 3. can I wait. 4. Can I modify something I already have instead of buying new, 5. can I find an cheaper alternative that still fits my needs. 6.Why am I buying this?
I made it to 30 without ever owning a credit card. Paid cash for everything, even my cars. Zero debt. Then one day I went to get a mortgage for my house and was denied because I didn't have any credit history. I had a good career, solid income, and over $100k saved for the down payment (spent two years in Afghanistan). The whole system is designed to get young Americans into debt. The responsible American is punished. Be responsible, but you have to learn how to play the game, too.
Very true, and a good point. It can be done without going into debt, but it requires an absurd amount of discipline. In college, I just put my gas on credit and paid it off each month. My wife and I have been together/married for 12 years (we are not super old) and started just putting groceries and gas on card instead, paying it off at the end of each month. We have yet to miss a payment, and now the only reason we use credit cards is for points. Our credit is about as good as it can possibly be. Even if you can’t afford much, just set aside enough cash for a tank of gas a month and pay it off. It all helps in the end. I was fortunate enough to have a father that pretty much made me start doing it after high school, and I am very thankful to him for it now. Sounds like you have it figured out as well Johnny. Your story is very impressive, and it’s a good lesson for others. Thank you for sharing.
Your 💯. When I was in in the Army I thought credit was almost as bad as the devil. Paid cash for cars, trucks, boats, mowers and I thought I was being responsible. Untill the day I went to my bank to apply with my GI home lone. I didn't have enough credit history, even though I had 100K in stocks, savings, CDs, and my bank account. I couldn't get my GI lone based on my history. Credit is important!
I built credit by getting a cash secured credit card (and just using it for gasoline) and CD backed loan for a year before applying for a mortgage. It tied up about $2000 for a year, but no big deal. It’s a weird workaround, but it works.
I’m in debt. But it’s because I gave up a career to chase another dream. I’m now working in emergency medicine and going to school to advance my education and income level. I still struggle with spending money. Im spending it like I used to make it and that needs to change.
Lot of us go through this financial cycle in life. Debt works if you use it effectively, most of us dont because no one teaches how to do that. Most of us learn by digging our way out. I try to pass on these lessons to my boys. I can tell one is listening the other isnt.
Man, you're a psychic because I needed to hear this right now brother. Coming home from deployment making some financial decisions. Gotta ask though, what type of dog is that goodest of good boys with you? Cheers
As dumb as it sounds, van-life people showcase how little you actually need for a comfortable life. I recently moved and realized how much stuff I had accumulated for hobbies/fun, but I lived fairly well out of two suitcases for a month during the move
Shifted my approach radically for this very reason. The infrastructure i have is not suitable. I need to create an entirely new system of provision. And in that time gain skills that will assist me tactically
I put myself into 4-digit credit card debt twice for guns and accessories and ended up selling all of it anyways. Paying off round 2 now and then I am DONE. There is nothing better than being debt free
Brother, Commiserations.We may not win on earth or by man's law, but we will ultimately win because our souls guide our hands. No church bs, just knowing justice is taboo and that fuels our counter-culture.
I didn't get the V, quit my semiconductor job over it. The time that followed was really rough until I went back. But they welcomed me back with open arms, be good at your job, kind to your coworkers, and build relationships within your company because it will keep doors open that you may need to walk back through. Never got the V either, but oh man was that experience eye opening. Then I made a stupid move and bought a new truck, NEVER BUY A NEW VEHICLE! Im doing fine, but that 600 bucks a month would be really nice going toward a down payment on a house.
My Wife and kids cost me A LOT of money per month. Fortunately I make a lot…but I have a visceral hatred for carrying debt, and not allowing debt to build allows me to pay that massive amount off every month without stressing about debt. It all gets paid off each month.
I'm glad that while I have debt, it's relatively small and doesn't really have a way of snowballing too far out of control. Got about 3200 bucks in credit card dept, with a limit of 5k, so that's basically the max it could balloon to without me missing a payment (got auto pay for the minimum amount to keep rates low) Still doesn't feel good to have any debt, but I'm happy with that debt as it allowed me to leave CA and get an apartment in Wisconsin without being stuck there for any more years.
Shitty truth. Pets are expensive. I’ve always had dogs. I spend as much on feeding them as myself. 2 of my dogs I’ve gotten because friends got in financial emergencies and thankfully live a basic lifestyle that’s perfect for dog ownership.
I'm very close to paying off my credit card debt and a personal loan, and maybe even my truck and an RV. It's all because I thought I had friends and I was willing to fund a business. Never gonna be dumb enough to make friends again, load up all my essentials onto the RV since it's got a flatbed, and head off to Alaska.
Ivan, I really appreciated this video. It definitely hits home. After a back injury when I was 20, I've had many back surgeries/fusion and was left disabled with some physical limits. Needless to say I'm now on a fixed income trying to stay afloat. Thank you for giving me some hope. I'm focusing on paying off what credit I have so I can focus on the things I'm interested in in tbe future. Most would probably say I have very little credit, but in a fixed income even a couple hundred bucks a month seems like a ton. Thank you also for the great videos. They're some of my favorite on UA-cam. Btw....what kinda dog is Peanut??? I love his demeanor.
Our financial system is based on debt. Not real money. Banks have to keep 10 percent of people's balance, and then they lend out the rest. I used debt to become pretty wealthy. Key is to be asset focused. Not depreciating assets like cars, atvs etc. Most people use debt for quality of life instead of putting your money and mind to work.
Awesome video and perspective, thank you for sharing! For anyone who might be a bit inspired by this video, being debt free creates a sense of peace that is unrivaled. Do it!
All I have is a house payment and two car payments. Cars will be paid off next year and I've got 200k of equity in the house that I could sell in a week. I feel pretty good.
Years ago I was looking into buying a new motorcycle, which is one of my greatest passions. I was thinking about buying a brand new adventure bike, after riding expensive sportsbikes for years. I spoke to a friend of mine that also rides and his response was "hm... so what does that bike give you that a 2000 Dollar 1990s enduro does not give you?..." I thought about that for quite a while and ended up buying a 1500 Dollar 1989 enduro. Since that day, with everything I buy I ask myself this question. What does this purchase give me, that the less costly option does not give me. Sometimes there is a clear answer, sometimes the fact that it brings me joy is enough, but generally the answer is "nothing".
Oof. I could have used this video about 15 or so years ago. Ha, ha, ha! I am definitely frugal... but still not quite as financially smart as I should be... but since then, I now pay our bills in-full each month (even the CC... which we use instead of a debit card just to get rack up points). I've been thinking more and more about switching to cash (for MANY reasons). I'm thinking that, if I give myself a set amount of cash to carry each week, it could help with over-purchasing or something. I don't know. Maybe. If I play by the rules. Anyway, this was a great refresher for sure! Thank you for putting out this video!
Thanks for opening up about such personal topics. I'm grateful that my parents instilled an extreme frugality in me. I've always lived far below my means and I save/invest everything I can. It helps that at 51 years of age I've never married, have no kids and no debt.
Fuck yah man! I'm debt functional with just a mortgage. Always buy vehicles with cash and do all minor work yourself. This has helped me a lot. Thanks for sharing your tough story. Does anyone know if Peanut got to pass on his genetics?
I can pay off everything in a week well bi-weekly but I live in a mobile home and can pretty much do anything that I want to do or my family wants to do! And shoot in my own back yard and I live in South Mississippi but by most standards we're poor LoL
great episode! had huge dept and burned it off but stayed hunkered down, haven't had a credit card since the late 90s, but that secured credit card sounds awesome! My 2 cents, buy raw land in the middle of nowhere where you like hanging out.
Ivan, thanks for being very candid and genuine, as always. I have also been through the divorce and financial struggles for similar reasons. 12 years later and life is blessed beyond what I deserve. I still have struggles, but they are far more manageable because I look at them as opportunities for growth. Please keep sharing perspective like this. I know it's adding value to folks still on the front side of hard stuff. Semper Fi, and Aim High brother.
But I was a semi functioning addict for a long time now that I'm clean I can't let myself be beholden to anything except my close family! And continuing to repair that relationship
Being debt free from the time in the Army, to the time im 30 was a mistake. I have zero credit score and now i cant find a financial institution to back my GI home lone. Buying cars, trucks, boats, guns, mowers with cash can backfire on you. You have to have debt to get credit.
I'm in the process of digging myself out of debt right now. Divorce and a litany of medical bills have piled up. I work 50 to 60 hours a week to earn extra in order to make extra payments on my debt. It sucks but I am happy to say that I can start to see the light at the end of the tunnel which motivates me to keep going.
![Ultimate Beginner's Guide to Credit Card Points in 2024 [Updated]](/img/n.gif)
You can find links to everything here : kitbadger.com/stop-being-a-poor/
Peanut over here with no expenses, no debt, and a full time caretaker provided to him at no cost. Be like Peanut.
Peanut is a boss.
My midlife gun owner advise is stop buying those next guns you just got to have and start stacking ammo and mags. A case of M193 is the best "range toy build" you can buy.
I take pride in being debt-free but it's not easy. It actually takes focused effort and dedication to ignore that my lack of debt actually comes from a lack of income necessary to get in debt in the first place.
Yeah don’t fall in that trap and never charge any more to a card than you can pay off in one paycheck
It also takes being born 10-20 years earlier for an entire generation
Tip for those with lots of debt seeking help to escape: The Debt Snowball.
Pay off your smallest debt (in dollar value, not interest). The amount you would have been paying towards that smallest debt, push it into the next smallest debt. When that's paid off, continue this until debt is paid off.
Good luck. You *can* do this.
Worked great for us. All that's left now is the house and land.
Very well said Ivan! As a teacher, I've seen this in parents and their kids (my students), suffered in some cases, horribly. No shoes, clothes or money for lunches. But, the parents had $80k+ trucks, SUV's, dune buggy's, $$- iphones, nails, $$-hair, ate out along with Starbucks everyday then struggled to pay bills. The kids suffered! Very sad!
That’s insane
The freedom my $3,000 car gets me is priceless.
Great advice.
Ivan out here being based as fuck. Get fit, get out of debt and be a great father.
I used to spend like a drunken sailor. After a mistake on a credit card payment date my 6% rate went to 30%! I worked construction 700 hours in 2 months and got a handle on it. 6 months later I fell off a roof and was in a wheelchair for a year and spent years relearning to walk. I been injured for twenty years now. I was a debt slave and buying my way out nearly killed me. I'm happily divorced and it's expensive but worth it if you are miserable. Love the content
700 hours in two months. Soft hands brother I do 700 unpaid for fun.
Dave Ramsey of the mountains! Preach brother! Debt=slavery and poverty.
I think many preparedness minded people tend to focus specifically on scenarios where money has become a non factor. In all of the highest likelihood scenarios, money is such an excellent prep that conversations about it are short and boring. That's probably why we find the few remote scenarios where that isn't the answer so much more interesting.
Being debt free saved me from financial turmoil. I got kicked out of the navy for refusing the jab. I had no debt and it was a big peace of mind when I got my 10 day notice. If i was in debt, I would have had a much harder time sticking to my conviction if I was a slave to a bank
I’m glad you were in that position financially and really pissed off at what they did to you.
My wife and I ended up with $80,000 in credit card debt. Went through a program to pay them all off. The trick is to avoid racking up new debt after.
What was the program you used?
I observed alot of coworkers during the 'v' make the decision to go and get it because they were leveraged by the threat of lost income. They had had to choose between their feeding their families and their morality. I felt obligated not to comply because I was able too, even if that meant finding income elsewhere. In the end, no one was fired, but many went and got it against their true wishes. You speak true.
I subscribed to you because of your insights like this about life and contracting and the meme builds with actual skill and humility. I am sorry to say I've seen your channel turn into more of an advertising space that serves the exact sort of behavior you warn against in this video, almost certainly because of sponsorship deals you may or may not be able to disclose, but I miss this and it's a good return to form. Hoping for good things for you and yours.
Thank you.
I love Ivan's laid back and completely chillin ambience videos. shit could be a background video
After tracking money spent on food, the most immediate and biggest impact was switching to instant coffee. Easy to make and has saved me a ton.
Having similar experiences and back story, I can testify that you are absolutely spot on. Picking yourself up off the floor is a mindset. Good on you for using your platform to share the experience and knowledge to benefit others.
NO KIT DONT SHOW ME THE NEW PIECE OF GEAR. This content is WAY MORE Important to me I wish more guys would do these kinds of videos. Man I lived the exact same way for 12 years and I believe it aged me 20 years. But yes it so very true you become a slave to your job. Once a employer sees that new truck or motorcycle they know they have you by the balls. Also thanks for giving us a glimpse for your life Kit. I been watching you since the CZ 527 carbine and then the noodle videos. Always enjoyed the honesty brother
Young dad of two here
I needed to hear this
I tend to buy things I don’t need just because
I don’t really have a lot of debt ( 17k on wife’s car ) but this video reminded me I could be doing a lot better with my money
Thanks
I appreciate the honesty.
Not me sitting here for sixteen minutes straight being called poor over a dozen times
GREAT... Video.
Petition for next April 1st video to be a mattress review
Awesome vid and great advice , i really enjoyed the fire crackling in the audio !! So whens the podcast come out?
Probably your best video to date. I learned the hard way about debt. It took me nearly four years following Dave Ramsey’s principles to get out of debt. Very stressful time in my life. I will never do that again. Trying my best to teach my two girls not to get into debt.
Roughly ten months and I’m down to just a house payment. Looking forward to that. We pay our credit cards in full every month. Looking forward to saving a years expenses in 2025 as an additional prep.
Thank you, this subject is touchy for many in this community
One thing I like to do is put stuff in my Amazon cart but not buy it. Let it sit there a week or so and If I still feel like I need it I then buy it.
Excellent advice
Things to ask yourself before clicking the "BUY me now". 1. Do I really need it, 2. How will this purchase help me or others in a positive way, 3. can I wait. 4. Can I modify something I already have instead of buying new, 5. can I find an cheaper alternative that still fits my needs. 6.Why am I buying this?
Basically needs vs wants
Great video, appreciate you sharing your experience man 👊
Word.
I made it to 30 without ever owning a credit card. Paid cash for everything, even my cars. Zero debt.
Then one day I went to get a mortgage for my house and was denied because I didn't have any credit history. I had a good career, solid income, and over $100k saved for the down payment (spent two years in Afghanistan).
The whole system is designed to get young Americans into debt. The responsible American is punished.
Be responsible, but you have to learn how to play the game, too.
Very true, and a good point. It can be done without going into debt, but it requires an absurd amount of discipline.
In college, I just put my gas on credit and paid it off each month. My wife and I have been together/married for 12 years (we are not super old) and started just putting groceries and gas on card instead, paying it off at the end of each month.
We have yet to miss a payment, and now the only reason we use credit cards is for points. Our credit is about as good as it can possibly be.
Even if you can’t afford much, just set aside enough cash for a tank of gas a month and pay it off. It all helps in the end. I was fortunate enough to have a father that pretty much made me start doing it after high school, and I am very thankful to him for it now.
Sounds like you have it figured out as well Johnny. Your story is very impressive, and it’s a good lesson for others. Thank you for sharing.
Your 💯. When I was in in the Army I thought credit was almost as bad as the devil. Paid cash for cars, trucks, boats, mowers and I thought I was being responsible.
Untill the day I went to my bank to apply with my GI home lone.
I didn't have enough credit history, even though I had 100K in stocks, savings, CDs, and my bank account.
I couldn't get my GI lone based on my history. Credit is important!
I built credit by getting a cash secured credit card (and just using it for gasoline) and CD backed loan for a year before applying for a mortgage. It tied up about $2000 for a year, but no big deal. It’s a weird workaround, but it works.
I’m in debt. But it’s because I gave up a career to chase another dream. I’m now working in emergency medicine and going to school to advance my education and income level. I still struggle with spending money. Im spending it like I used to make it and that needs to change.
This is exactly what I needed to hear. Thank you
On that note, I'm so glad I subscribed to you all those months ago.
Lot of us go through this financial cycle in life. Debt works if you use it effectively, most of us dont because no one teaches how to do that. Most of us learn by digging our way out. I try to pass on these lessons to my boys. I can tell one is listening the other isnt.
Should definitely discuss the difference between poor & broke
Man, you're a psychic because I needed to hear this right now brother. Coming home from deployment making some financial decisions. Gotta ask though, what type of dog is that goodest of good boys with you? Cheers
As dumb as it sounds, van-life people showcase how little you actually need for a comfortable life. I recently moved and realized how much stuff I had accumulated for hobbies/fun, but I lived fairly well out of two suitcases for a month during the move
Shifted my approach radically for this very reason. The infrastructure i have is not suitable. I need to create an entirely new system of provision. And in that time gain skills that will assist me tactically
All true. Biz owner, debt free and rent. Most all my value is in crypto, not fiat. Thank God.
I put myself into 4-digit credit card debt twice for guns and accessories and ended up selling all of it anyways. Paying off round 2 now and then I am DONE. There is nothing better than being debt free
I clicked on this because i thought you were gonna roast hi point people
Much respect Ivan
Gonna comment for the algorithm, great video.
Brother, Commiserations.We may not win on earth or by man's law, but we will ultimately win because our souls guide our hands. No church bs, just knowing justice is taboo and that fuels our counter-culture.
I didn't get the V, quit my semiconductor job over it. The time that followed was really rough until I went back. But they welcomed me back with open arms, be good at your job, kind to your coworkers, and build relationships within your company because it will keep doors open that you may need to walk back through. Never got the V either, but oh man was that experience eye opening. Then I made a stupid move and bought a new truck, NEVER BUY A NEW VEHICLE! Im doing fine, but that 600 bucks a month would be really nice going toward a down payment on a house.
No you have to do mattress reviews now, please start with temperpedic
No, I'm not going to do mattress reviews.😂
Love these videos. God bless brother
Apart from my mortgage if I can't pay in cash I dont buy it.
Facts!
I have land animals and guns all paid for no bills other then ammo.
My Wife and kids cost me A LOT of money per month. Fortunately I make a lot…but I have a visceral hatred for carrying debt, and not allowing debt to build allows me to pay that massive amount off every month without stressing about debt. It all gets paid off each month.
Well said!
So much easier to stay out of debt, than get out of debt.
Great vid and great advice. Remember, when you see people with all their cool toys most don't own them, a bank does.
Solid advice man.
I'm glad that while I have debt, it's relatively small and doesn't really have a way of snowballing too far out of control. Got about 3200 bucks in credit card dept, with a limit of 5k, so that's basically the max it could balloon to without me missing a payment (got auto pay for the minimum amount to keep rates low)
Still doesn't feel good to have any debt, but I'm happy with that debt as it allowed me to leave CA and get an apartment in Wisconsin without being stuck there for any more years.
Shitty truth. Pets are expensive. I’ve always had dogs. I spend as much on feeding them as myself. 2 of my dogs I’ve gotten because friends got in financial emergencies and thankfully live a basic lifestyle that’s perfect for dog ownership.
I'm very close to paying off my credit card debt and a personal loan, and maybe even my truck and an RV. It's all because I thought I had friends and I was willing to fund a business. Never gonna be dumb enough to make friends again, load up all my essentials onto the RV since it's got a flatbed, and head off to Alaska.
Very wise advice
Ivan, I really appreciated this video. It definitely hits home. After a back injury when I was 20, I've had many back surgeries/fusion and was left disabled with some physical limits. Needless to say I'm now on a fixed income trying to stay afloat. Thank you for giving me some hope. I'm focusing on paying off what credit I have so I can focus on the things I'm interested in in tbe future. Most would probably say I have very little credit, but in a fixed income even a couple hundred bucks a month seems like a ton.
Thank you also for the great videos. They're some of my favorite on UA-cam.
Btw....what kinda dog is Peanut??? I love his demeanor.
Great content.
This video really hit hard.
Our financial system is based on debt. Not real money. Banks have to keep 10 percent of people's balance, and then they lend out the rest. I used debt to become pretty wealthy. Key is to be asset focused. Not depreciating assets like cars, atvs etc. Most people use debt for quality of life instead of putting your money and mind to work.
Awesome video and perspective, thank you for sharing! For anyone who might be a bit inspired by this video, being debt free creates a sense of peace that is unrivaled. Do it!
Based
Poor is a mindset, not a state of being.
All I have is a house payment and two car payments. Cars will be paid off next year and I've got 200k of equity in the house that I could sell in a week. I feel pretty good.
I’m tryin 😫
Simple, NOT Easy. :)
@@KitBadger nothing worth doing is easy
@@praharin You said it, nothing worth doing is easy. After you get out of debt its much easier to stay out.
I completely refuse to take debt.
I rather live in a dirt shack
Great video, great views, the great peanut.
Amen.
4:25 the lawyer always win in divorce and the banks win in war
That Urban Assault Van Is The Way To Go.... As Previously Demonstrated... 💪
Years ago I was looking into buying a new motorcycle, which is one of my greatest passions. I was thinking about buying a brand new adventure bike, after riding expensive sportsbikes for years. I spoke to a friend of mine that also rides and his response was "hm... so what does that bike give you that a 2000 Dollar 1990s enduro does not give you?..."
I thought about that for quite a while and ended up buying a 1500 Dollar 1989 enduro. Since that day, with everything I buy I ask myself this question. What does this purchase give me, that the less costly option does not give me.
Sometimes there is a clear answer, sometimes the fact that it brings me joy is enough, but generally the answer is "nothing".
Oof. I could have used this video about 15 or so years ago. Ha, ha, ha! I am definitely frugal... but still not quite as financially smart as I should be... but since then, I now pay our bills in-full each month (even the CC... which we use instead of a debit card just to get rack up points). I've been thinking more and more about switching to cash (for MANY reasons). I'm thinking that, if I give myself a set amount of cash to carry each week, it could help with over-purchasing or something. I don't know. Maybe. If I play by the rules. Anyway, this was a great refresher for sure! Thank you for putting out this video!
Im trying as fast as I can to pay off my truck. But I still have 2 years left.
Thanks for opening up about such personal topics. I'm grateful that my parents instilled an extreme frugality in me. I've always lived far below my means and I save/invest everything I can. It helps that at 51 years of age I've never married, have no kids and no debt.
Fuck yah man! I'm debt functional with just a mortgage. Always buy vehicles with cash and do all minor work yourself. This has helped me a lot.
Thanks for sharing your tough story. Does anyone know if Peanut got to pass on his genetics?
I can pay off everything in a week well bi-weekly but I live in a mobile home and can pretty much do anything that I want to do or my family wants to do! And shoot in my own back yard and I live in South Mississippi but by most standards we're poor LoL
great episode! had huge dept and burned it off but stayed hunkered down, haven't had a credit card since the late 90s, but that secured credit card sounds awesome! My 2 cents, buy raw land in the middle of nowhere where you like hanging out.
That’s such a sweet mastiff. Love my pit rott mastiff mix Fat Amy.
Ivan, thanks for being very candid and genuine, as always. I have also been through the divorce and financial struggles for similar reasons. 12 years later and life is blessed beyond what I deserve. I still have struggles, but they are far more manageable because I look at them as opportunities for growth. Please keep sharing perspective like this. I know it's adding value to folks still on the front side of hard stuff. Semper Fi, and Aim High brother.
But I was a semi functioning addict for a long time now that I'm clean I can't let myself be beholden to anything except my close family! And continuing to repair that relationship
Being debt free from the time in the Army, to the time im 30 was a mistake. I have zero credit score and now i cant find a financial institution to back my GI home lone. Buying cars, trucks, boats, guns, mowers with cash can backfire on you. You have to have debt to get credit.
I'm in the process of digging myself out of debt right now. Divorce and a litany of medical bills have piled up. I work 50 to 60 hours a week to earn extra in order to make extra payments on my debt. It sucks but I am happy to say that I can start to see the light at the end of the tunnel which motivates me to keep going.
Pleasantly surprised this wasn’t a HiPoint review and it was something deeper
my wife and I are really working to live within our means. its so easy not to. guns, ammo, groceries, this that. thanks for the inspiration
Man, I wish debt was my problem. If I couldn’t work for 2 weeks we would be choosing between the mortgage and groceries.
Your delivery is effective, very well spoken sir. Keep in mind, Jesus is the only way to truth and hapiness.
Ive walked in to a 4-wheeler dealership to buy a honda with cash in hand and was told i couldn't finance it because i didn't have credit history.
i tried to stop being a poor and ended up with a $3500 decked out bcm, a poors dream. btw im poor and idc. i love my tools.
The problem with the internet/social media is everyone's opinion has been given importance
One can afford luxuries by eliminating "necessities".
Great content dude👍🏽 You don't put out alot. But, what you do is quality.
Paul Harrell already has the gun guy mattress thing cornered anyways.