Go to hellohelium.com/gabe and use code GABE to get your first 30 days for free! Disclaimer: Data is unlimited but speeds may be slowed after 30GB usage per billing cycle. Additional taxes and fees apply. See terms and conditions.
Yup. Im not rich but I came from nothing. Got my first small home. Got a better job, got a "better" bigger home. Many rooms, fireplace,pool. Motorcycles. Now I just want a smaller house and do my hobbies. But yea money is important wether people want to admit it or not.
Avoid high interest debt. Cut costs. spend less, earn more and invest passively The best way to find that balance between saving and living is by investing..what i can say to early investors is diversification and solid management this was how i got to my first million..at this point I'm actually grateful for my IA Anna Rounds Fay.
Thanks for sharing this, I googled the lady you mentioned and after going through her credentials, I can tell she's a pro. I'll be writing her a mail shortly
many individuals miss out on gains due to actually NOT being in the market and waiting for the chance of a crash. Perhaps it's wise to do both partially
The biblical quote is "The LOVE of money is the root of all kinds of evil". So it's more like always wanting more and more money and never being satisfied. Greed is basically what it's talking about. That's completely different than having comfortably enough money and never being worried about finances.
"For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows."
My dad, the stockbroker, was a huge admirer of the mutual fund. He explained that Wall Street is just like Las Vegas. In Vegas you can place individual bets and sometimes those bets pay off and pay off handsomely; that's the bait that lures people into betting on the games. But the house always wins in the end. Similarly, you can bet on individual stocks and sometimes those bets pay off and pay off handsomely, but the market always wins in the end. Investing in a no-load, low-cost index fund gives you the opportunity to bet on the house. You don't care about the individual bets, you are invested in the game itself. Statistically, nobody who holds a broad index has ever lost money over the course of seven years; which seems to be the minimum holding period (although 'permanent' a la Warren Buffet is even better).
5 dollar shoes from estate sales. Men's slip-ons work great for country girl gardener and paid housekeeper. Usually brand new never worn. I'm tall and built strong so men's plaids and flannels work fine. Jeans are for everybody. Cheap granny phone 28 bucks a month, no mgs, no text, Just calls and alarm clock. Cook your own food. Make soup out of the leftovers. Waste nothing.
I would love to see videos on people like me who watch Dave Ramsey and have zero debt and who "get it" about not needing stuff and shopping. I am 70 and work in a vegan cafe and marketplace. A co-worker told me that she couldn't believe I didn't want to buy such and such (a new pinch me) item in the store because I have money. I should have said the reason many people have money is because they do not need to buy much! I hope I am making sense. I sold the home I lived in 31 years in California. Everything I own is now in my Xterra or in my room. Now that I am renting, I want to find a condo that is cutely fully furnished so I can just move in and live. I found one in Winston-Salem, NC but it was gone in a minute.
Is there still a market for people who want fully furnished homes? We have 1 rn because of a house fire debating continuing to fully furnish as we expand our real estate
Quality over cost was something I really struggled with as I came from a struggling home, I always bought cheap and sales but not my partner started to help me compare Quality and longer term costs total game changer and we only have what we need and use and now it makes me happier not having things break so often and we have an emergency fun and savings for future spending thanks to changing the view thanks to hubby and channels like yours which he now watches with me 😂
Yes, thats also a hard one for me. I am always used to get things cheap, its really not easy to change that mindset - i need to think from shortterm saving to longterm saving. Still working on it.
@@Laura-je2uw definitely been a learning curve especially with marketing ect. I find Gabe's channel so helpful to changing from a vulnerable position to where I now have nice things and an emergency fund just really helps not having the stress has improved our lives so much hope your journey goes well and give yourself grace each step and day x
I take a couple of terms from this video: personal priorities (what is it that matters/important to me) and the concept of “enough.” For me, I want to be comfortable and definitely I want to feel secure financially. I used to spent money here and there and it wasn’t h til I started decluttering (some years ago) that I noticed the wasteful way I was living my life. Nowadays, what I “collect” is memories with family and by traveling. Enjoying life is goal but it doesn’t mean wasting or overspending… thanks for this video…
I did not understand how you became Matt's friend😅 after sharing with us all the process before it is quite shocking to see you having a dialogue. And unrelatedly - a huge thank you for all the knowledge and tips you shared with us. It all changed many aspects of my life for good. I was so happy to see you reached your goal (500k sub) and I hope you'll set bigger ones sooner.
"the LOVE of money is the root..."....fundamental difference...money in itself is not evil....some real good has been done with the properly motivated use of money
You shouldn't overfocus on money, but you do need it to survive or thrive in most places in the world. If you make it the main reason for your relationships doing well, expect that to become an over focus. That being said I have been to countries where the people are poor but quite happy, if you use money to make you straight up Happy instead of happie-r you are doing it wrong in my opinion
No idea who spread the ridiculous idea that minimalism is for the rich; the less income you have (me in retirement, or just a thankless job with terrible pay and no benefits) the more it behooves one to spend far less, more wisely, to “retrench” and put a magnifying glass on your expenses. What you’re paying for, why, when, how often. The less you have, the more you appreciate what you have. And the less desire you have to fill up limited space inside with useless, unsatisfying junk. And “lifestyle creep” is absolutely right. I didn’t waste money on stupid crap like a brand-new Camaro because I needed it, but because I convinced myself I earned it (through decades of hard, unsatisfying work) and I wanted vindication of that effort. Money I’ll never get back, and as nice as stuff like that was…nothing but headaches, and a huge loss when trading in or getting rid of such stupid choices, vs. meaningful lasting ones.
Watching you along with other UA-camrs has been part of my attempts to be a minimalist. The day I have to pay a fee to watch will be the day I say my goodbyes.
Regarding mobile service - go for a limited service. Most of us want to cut down on screen time anyways. In the U.K I pay £6 ($8) month for my mobile service.
Hey Gabe, "Helps" in your thumbnail shouldn't have an apostrophe. Apostrophes are used to show possession "Gabe's video" indicating the video is Gabe's possession or a contraction i.e "It's" for "It is"
Give up holidays. NObody wants your gifts. They didn't choose them. INvite them to your estate sale and they can pick what they want of things you treasured. If nothing, they can have the money. You'll be dead so you won't care. Enjoy what you have as long as there are good pathways through the rooms. If clothes are still good, wear them till they aren't. Grocery clerks don't care.
I really liked your line. "Once you get to a certain point, theres no more things to buy." I kinda went through that probably about 7 years ago. I came from a poor family, and I started out with nothing. Struggled a lot. There's a lot of people who were worse off for sure. But it took me a while to not only be ok with spending money. But in getting the things I wanted & discovering what that was once I made enough. When you're poor, you may have lots of interests, but the concern is how do I afford food. Not.. oh, skiing looks fun. Let me try that. Several years ago, there was a point where I was like. Now what? It felt really weird. Because I had always lived not having enough. Not the "I want more." But in the i actually need more. There was a point where I kinda got everything I needed. And finally could get a few toys I wanted. And then I was like now what? It's the thing that started me researching what people do with money. And I found investing. And it's been so much fun. But yes theres definitely a point where you hit. This is enough. And it's a really weird place to be.
@@WarriorOfEden3033 I did. I'm just saying I think money has very little to do with divorce. People's morals have changed. If you look back to the depression people didn't leave their families over money. It's not an issue unless you make it one. People were committed thru thick & thin.
@@LovingtheSprring also women didn’t have the right to divorce & back then they probably couldn’t afford to do it alone. Like I said it’s a combination of lack of communication & finances that can lead to cheating not the only thing
When my feet grew a size with pregnancy, I realized it’s not necessary to have tons of shoes…def didn’t need my huge shoes racks full of diff shoes I had accumulated…
I’ll never understand how so-called investors advise you to not pay off your house. Typically 50% or more of your mortgage payment is just going to pay for interest and is a total loss to you. When you have no mortgage, you have all of that interest that you don’t have to pay out plus the entirety of your mortgage payment that you can then invest and get a greater return on then if you’re paying interest on a 30 year loan. And if you pay your house off quickly, you have a much longer time. To invest that larger some of money maximizing compound growth.
@@GabeBult Exactly, no loan = no 4% interest paid. Bought my house on a 15 yr mortgage that I paid off in 7yr. Eliminated roughly 80k in interest payments. Now all that money can collect the 8% in interest plus I don’t have a mortgage. I can’t even imagine what the interest payments are on house prices now. So basically I’m saying don’t pay the 4% interest use that money to collect the 8% on investments.
spend less to afford making less. no kids. enjoy your neighbors or your family's. get a dog. ignore the joneses. sleep better w/o the market. cash for everything. head to a homestead as soon as you can and barter your ass off.
Imagine how many people you could help if your goal was to earn a lot of money. Money is not good or bad, it just acts as an amplifyer of the character you have. Imagine how great the world would be if every "good" person would be a multimillionaire? IMHO everybody should try to earn the most money possible to be able to give the most possible. Seeing money as evil is actually very selfish.
From all youtubers there why Matt?! He is literally the sadest youtuber in trend, the sadness is deep in his eyes and face and ideas. I watch you all the time but you have a different better vibe, detach from him…
hello , when some genius bawls " money don't buy happiness " i reply " well , i'd rather be unhappy with money , than unhappy AND broke too " that shuts 'em up🤨🤨🤨🤨. great share , thank you , for sharing🥰🥰🥰🥰🥰🥰...................
Well, i tried multiple times to buy more expensive, well established brands. In the end, it broke down shortly after warranty ended and cost me much more than the cheaper alternative which lasted almost equally long. I find it so hard to find good quality stuff nowadays because quality of well established brands has deteriorated a lot and you can see many reviews are either bullshit (3 words dont help me!), fake or bought ("review in return for free product"). Especially when it comes to clothing, its also right now not affordable for me due to changing sizes (pregnancys and health issues), even with a minimalist wardrobe. I struggle a lot with the less but better.
Go to hellohelium.com/gabe and use code GABE to get your first 30 days for free!
Disclaimer: Data is unlimited but speeds may be slowed after 30GB usage per billing cycle. Additional taxes and fees apply. See terms and conditions.
Yup. Im not rich but I came from nothing. Got my first small home. Got a better job, got a "better" bigger home. Many rooms, fireplace,pool. Motorcycles. Now I just want a smaller house and do my hobbies. But yea money is important wether people want to admit it or not.
Avoid high interest debt. Cut costs. spend less, earn more and invest passively The best way to find that balance between saving and living is by investing..what i can say to early investors is diversification and solid management this was how i got to my first million..at this point I'm actually grateful for my IA Anna Rounds Fay.
Thanks for sharing this, I googled the lady you mentioned and after going through her credentials, I can tell she's a pro. I'll be writing her a mail shortly
many individuals miss out on gains due to actually NOT being in the market and waiting for the chance of a crash. Perhaps it's wise to do both partially
Did a quick web search, she has a pretty decent bio,
The biblical quote is "The LOVE of money is the root of all kinds of evil". So it's more like always wanting more and more money and never being satisfied. Greed is basically what it's talking about. That's completely different than having comfortably enough money and never being worried about finances.
Yes true I learned a quote from you " The greed for anything is root of all kind of evil".
"For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows."
My dad, the stockbroker, was a huge admirer of the mutual fund. He explained that Wall Street is just like Las Vegas. In Vegas you can place individual bets and sometimes those bets pay off and pay off handsomely; that's the bait that lures people into betting on the games. But the house always wins in the end. Similarly, you can bet on individual stocks and sometimes those bets pay off and pay off handsomely, but the market always wins in the end. Investing in a no-load, low-cost index fund gives you the opportunity to bet on the house. You don't care about the individual bets, you are invested in the game itself. Statistically, nobody who holds a broad index has ever lost money over the course of seven years; which seems to be the minimum holding period (although 'permanent' a la Warren Buffet is even better).
Beautifully said
@@moneymarcus90 Thanks! I attribute any success I have to Dad's precepts.
5 dollar shoes from estate sales. Men's slip-ons work great for country girl gardener and paid housekeeper. Usually brand new never worn. I'm tall and built strong so men's plaids and flannels work fine. Jeans are for everybody. Cheap granny phone 28 bucks a month, no mgs, no text, Just calls and alarm clock. Cook your own food. Make soup out of the leftovers. Waste nothing.
I would love to see videos on people like me who watch Dave Ramsey and have zero debt and who "get it" about not needing stuff and shopping. I am 70 and work in a vegan cafe and marketplace. A co-worker told me that she couldn't believe I didn't want to buy such and such (a new pinch me) item in the store because I have money. I should have said the reason many people have money is because they do not need to buy much! I hope I am making sense. I sold the home I lived in 31 years in California. Everything I own is now in my Xterra or in my room. Now that I am renting, I want to find a condo that is cutely fully furnished so I can just move in and live. I found one in Winston-Salem, NC but it was gone in a minute.
Is there still a market for people who want fully furnished homes? We have 1 rn because of a house fire debating continuing to fully furnish as we expand our real estate
Money is not the root of all evil….the love of money is the root of all evil. ❤
Love the collab with Matt!! 🙌🏼
congrats on the new baby 🥰
Perspectives on money. Money is a must. It's important to keep it in perspective. Thanks, Gabe!
Quality over cost was something I really struggled with as I came from a struggling home, I always bought cheap and sales but not my partner started to help me compare Quality and longer term costs total game changer and we only have what we need and use and now it makes me happier not having things break so often and we have an emergency fun and savings for future spending thanks to changing the view thanks to hubby and channels like yours which he now watches with me 😂
Totally agree! I used to always buy the cheapest stuff and it always ended up being more expensive in the long run
Yes, thats also a hard one for me. I am always used to get things cheap, its really not easy to change that mindset - i need to think from shortterm saving to longterm saving. Still working on it.
@@Laura-je2uw definitely been a learning curve especially with marketing ect. I find Gabe's channel so helpful to changing from a vulnerable position to where I now have nice things and an emergency fund just really helps not having the stress has improved our lives so much hope your journey goes well and give yourself grace each step and day x
@@Littledropsofkindness thank you so much❤
My kids are the reason I go to any stores. I hate shopping. Im 34 and I hate debt.
I take a couple of terms from this video: personal priorities (what is it that matters/important to me) and the concept of “enough.” For me, I want to be comfortable and definitely I want to feel secure financially. I used to spent money here and there and it wasn’t h til I started decluttering (some years ago) that I noticed the wasteful way I was living my life. Nowadays, what I “collect” is memories with family and by traveling. Enjoying life is goal but it doesn’t mean wasting or overspending… thanks for this video…
I did not understand how you became Matt's friend😅 after sharing with us all the process before it is quite shocking to see you having a dialogue.
And unrelatedly - a huge thank you for all the knowledge and tips you shared with us. It all changed many aspects of my life for good. I was so happy to see you reached your goal (500k sub) and I hope you'll set bigger ones sooner.
"the LOVE of money is the root..."....fundamental difference...money in itself is not evil....some real good has been done with the properly motivated use of money
You shouldn't overfocus on money, but you do need it to survive or thrive in most places in the world. If you make it the main reason for your relationships doing well, expect that to become an over focus. That being said I have been to countries where the people are poor but quite happy, if you use money to make you straight up Happy instead of happie-r you are doing it wrong in my opinion
No idea who spread the ridiculous idea that minimalism is for the rich; the less income you have (me in retirement, or just a thankless job with terrible pay and no benefits) the more it behooves one to spend far less, more wisely, to “retrench” and put a magnifying glass on your expenses.
What you’re paying for, why, when, how often. The less you have, the more you appreciate what you have. And the less desire you have to fill up limited space inside with useless, unsatisfying junk.
And “lifestyle creep” is absolutely right. I didn’t waste money on stupid crap like a brand-new Camaro because I needed it, but because I convinced myself I earned it (through decades of hard, unsatisfying work) and I wanted vindication of that effort. Money I’ll never get back, and as nice as stuff like that was…nothing but headaches, and a huge loss when trading in or getting rid of such stupid choices, vs. meaningful lasting ones.
Watching you along with other UA-camrs has been part of my attempts to be a minimalist. The day I have to pay a fee to watch will be the day I say my goodbyes.
Define “enough” and enjoy the specific items I care about.
I saw Meredith's birth vlog. Congratulations on baby Thomas! ♥
Thanks Gabe. Really great collaboration and video. Here is a little something toward that $2.6M!! 😊
Thank you!! 😂😁😁
You’re welcome.
Dude makes a video humble bragging his $2.6M net worth, and you feel the need to tip him on a video he's making money on.
Cult followers are weird.
That's not my net worth lol
Regarding mobile service - go for a limited service. Most of us want to cut down on screen time anyways. In the U.K I pay £6 ($8) month for my mobile service.
Brilliant as always 💚 Love the idea of What's important to me Quality over quantity Trying to simplify my minimalist style
100%
Congratulations on your new baby!🎉❤
Fantastic video as usual Gabe. Huge inspiration. ('Helps' in title is missing 's' at the end.)
Love it, it’s nice to know I’m not alone in this way of thinking and lifestyle 😊
Thank you for your honesty.
Money is a tool, freedom is the goal
It’s the love of money it’s not just the money
Inspiring. Thank you.
I love your videos and when you talk about the bible and things that you read there. Keep them coming!
you have big house. i have small bedroom. does your minimalism adjust accoridng to the amount of space you have?
“The” simple path to wealth
Congrats... loved the baby b-roll
Hey Gabe, "Helps" in your thumbnail shouldn't have an apostrophe. Apostrophes are used to show possession "Gabe's video" indicating the video is Gabe's possession or a contraction i.e "It's" for "It is"
I really need to start having my wife spell check me 😅 thanks!
You inspire me to make videos! 😘
That's awesome!
The ads are really killing it for me tbh
As usual, the Best 🎉
Thanks! 😃
Is helium the same network as mint?
Stop denying yourself. You deserve everything. You know it. I know it, and Johnny knows it.
Oft mis-cited Bible verse... It's not money itself but the "love of" money that the Bible verse says is evil.
Give up holidays. NObody wants your gifts. They didn't choose them. INvite them to your estate sale and they can pick what they want of things you treasured. If nothing, they can have the money. You'll be dead so you won't care. Enjoy what you have as long as there are good pathways through the rooms. If clothes are still good, wear them till they aren't. Grocery clerks don't care.
Inertia has advantages.
I really liked your line. "Once you get to a certain point, theres no more things to buy."
I kinda went through that probably about 7 years ago. I came from a poor family, and I started out with nothing. Struggled a lot. There's a lot of people who were worse off for sure. But it took me a while to not only be ok with spending money. But in getting the things I wanted & discovering what that was once I made enough. When you're poor, you may have lots of interests, but the concern is how do I afford food. Not.. oh, skiing looks fun. Let me try that. Several years ago, there was a point where I was like. Now what? It felt really weird. Because I had always lived not having enough. Not the "I want more." But in the i actually need more. There was a point where I kinda got everything I needed. And finally could get a few toys I wanted. And then I was like now what?
It's the thing that started me researching what people do with money. And I found investing. And it's been so much fun. But yes theres definitely a point where you hit. This is enough. And it's a really weird place to be.
💯☕
Your wrong, its communication breakdown and misunderstanding that brings divorce more than money, otherwise youd only have rich couples?
It’s in the top 3 number 1 is cheating but I’m sure communication & finances contributed to the cheating
@@WarriorOfEden3033That's why rich people cheat?
No it's unmet needs.
@@LovingtheSprring did you read what I said
@@WarriorOfEden3033 I did. I'm just saying I think money has very little to do with divorce. People's morals have changed. If you look back to the depression people didn't leave their families over money. It's not an issue unless you make it one. People were committed thru thick & thin.
@@LovingtheSprring also women didn’t have the right to divorce & back then they probably couldn’t afford to do it alone. Like I said it’s a combination of lack of communication & finances that can lead to cheating not the only thing
Lifestyle inflation is definitely the no. 1 wealth killer. Also there follows the Diderot effect 😉
It is the love of money that is the root of all evil.
When my feet grew a size with pregnancy, I realized it’s not necessary to have tons of shoes…def didn’t need my huge shoes racks full of diff shoes I had accumulated…
The love of money is the root of evil not money itself 0:48
What happened to Mint mobile?
Still great! But this is cheaper for unlimited
How do you save money changing to a new phone service if the last one you advertised was cheaper? 🙄
Stick with the cheap one.
For unlimited it's actually 10$ cheaper a month! Both are great options
I’ll never understand how so-called investors advise you to not pay off your house. Typically 50% or more of your mortgage payment is just going to pay for interest and is a total loss to you. When you have no mortgage, you have all of that interest that you don’t have to pay out plus the entirety of your mortgage payment that you can then invest and get a greater return on then if you’re paying interest on a 30 year loan. And if you pay your house off quickly, you have a much longer time. To invest that larger some of money maximizing compound growth.
It comes down to math mostly. If your loan is at 4% and you can earn 8% then even with paying that interest your missing out on way more money.
@@GabeBult Exactly, no loan = no 4% interest paid. Bought my house on a 15 yr mortgage that I paid off in 7yr. Eliminated roughly 80k in interest payments. Now all that money can collect the 8% in interest plus I don’t have a mortgage. I can’t even imagine what the interest payments are on house prices now. So basically I’m saying don’t pay the 4% interest use that money to collect the 8% on investments.
Sooo, basically the Tesla did not make you happy? 🙃
spend less to afford making less.
no kids. enjoy your neighbors or your family's.
get a dog. ignore the joneses. sleep better w/o
the market. cash for everything. head to a
homestead as soon as you can and barter your ass off.
I'm not rich
❤❤❤
Stack Bitcoin and chillll.
No
The hook title, I buy nothing, had nothing to do with the content hmmm 🤔
Actually, the Bible says the LOVE of money is the root of all evil.
Often misquoted
Imagine how many people you could help if your goal was to earn a lot of money. Money is not good or bad, it just acts as an amplifyer of the character you have. Imagine how great the world would be if every "good" person would be a multimillionaire? IMHO everybody should try to earn the most money possible to be able to give the most possible. Seeing money as evil is actually very selfish.
😂yeah stealing everything will help you get rich
From all youtubers there why Matt?! He is literally the sadest youtuber in trend, the sadness is deep in his eyes and face and ideas. I watch you all the time but you have a different better vibe, detach from him…
First 🥇
hello , when some genius bawls " money don't buy happiness " i reply " well , i'd rather be unhappy with money , than unhappy AND broke too " that shuts 'em up🤨🤨🤨🤨. great share , thank you , for sharing🥰🥰🥰🥰🥰🥰...................
Well, i tried multiple times to buy more expensive, well established brands. In the end, it broke down shortly after warranty ended and cost me much more than the cheaper alternative which lasted almost equally long. I find it so hard to find good quality stuff nowadays because quality of well established brands has deteriorated a lot and you can see many reviews are either bullshit (3 words dont help me!), fake or bought ("review in return for free product").
Especially when it comes to clothing, its also right now not affordable for me due to changing sizes (pregnancys and health issues), even with a minimalist wardrobe. I struggle a lot with the less but better.
@GabeBult, hi from Belarus 🙂
Hi there!