I am that millionaire next door, approaching 2 mil. I drive a 25 year old car, live in a modest but nice home. My husband and I are both very frugal, and we have been that way all our married life. We had decent incomes, but never high roller incomes..we just learned to save and invest at an early age. It can be done, although I know it’s much harder than it used to be. I used to get such push back from people who viewed me as an outcaste for such frugality lol, but they have to work now, and I don’t. Your videos are informative and interesting.
@@SouLoveReal LOL I understand your point of view but others may not - its just easier to say 'external validation' rather than to say 'someone who needs to be emotionally satisfied for being recognized by others in order to feel emotionally secure and justified.' Thank you for your comment :)
Working 2 jobs to pay off debts, and investing wisely, I’ve quietly and very boringly obtained millionaire status. A coworker remarked. “No one would want to live like you.” Little does she know…
My father and mother in law immigrated to the US in the 1980's. They were uneducated and worked lower wage jobs raising 4 kids. They still managed to own a paid off house, all the kids finished college and saved around $500,000 cash for retirement. If you think about it, not bad with lower wage jobs, kids and zero investment advantages. Most Americans just spend too much money foolishly honestly.
We came to the US in 1992, parents retired with paid off primary house and several rentals. I'm the oldest, recently retired from the military after 30 years of service. My sister is a physician assistant, brother is a radiologist. No silver spoon here, I remember vividly my mother rode a bicycle to work in the snow. No AC or heat to save electricity, all of our foods came from the foodbank, clothes were donated to us from the church. We have no sympathy for entitlement, go out there and get yours!
I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix. Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin ,While also continuously learning from mistakes and improving.
After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.
Stacy Lynn Staples is the coach that guides me. She’s a verified coach and she helped me see that returns can be made in both bull and bear markets. She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.
3 Things That Helped Me Achieve Wealth: 1. I stopped telling myself, "I’ll do it tomorrow." 2. I started watching motivational videos. 3. I read a book called The Gilded Nexus of Prosperity
Did you read the other books in this series? Stop Acting Rich, The Next Millionaire Next Door? I do feel like more people need to read these books. Especially in the USA where there is so much pressure to show off. Everyone wants to look better off than the person next to them. And then I always wonder why…?
Good stuff! Unfortunately a million ain't what it used to be: where I live (NYC) it might buy you a modest one-bedroom apartment and you're still going to have to pay maintenance or HOA fees. We might need to talk about ten-millionaires moving forward... ;)
NYC is crazy expensive. You can make $100k as a single person and still be pinching pennies! I was shocked how expensive it was when I went there! But it's a fun place and perfect for some people...a theater kid like yourself!
Not getting married is another way to save money. Women are very expensive. They constantly need things and complain if they don't get them. Plus if you get divorced, the wife could get at least half of your wealth or even more. So if you want to become wealthy do not get married.
Well, before you marry, you have to court the woman, meaning you have to impress her. Most women are impressed by what you buy them, where you take them to dinner, what car you have, and what clothes you wear, where you go for vacations, where you shop. It is very difficult to find a simple woman who will be content with the minimum. They will burn through your savings. Once she moves in with you, your utility bills will go up because most women are very wasteful of water and electricity. She will take 1 hour showers daily, wash her clothes daily the whole day, use hair dryer for hours.
I do not know where you're looking for women but we're not all like that. My dad use to just I could make a penny cry. And I am set w/o a man. What impresses me about a man is how he treats others. His values. Good luck.
I am that millionaire next door, approaching 2 mil. I drive a 25 year old car, live in a modest but nice home. My husband and I are both very frugal, and we have been that way all our married life. We had decent incomes, but never high roller incomes..we just learned to save and invest at an early age. It can be done, although I know it’s much harder than it used to be. I used to get such push back from people who viewed me as an outcaste for such frugality lol, but they have to work now, and I don’t. Your videos are informative and interesting.
how early did u invest?
My theory: 'Quiet Millionaires' have conquered their egos unlike their flamboyant counterparts who seek external validation.
If you think about it, there really is NO such a thing as "external" validation.
@@SouLoveReal LOL I understand your point of view but others may not - its just easier to say 'external validation' rather than to say 'someone who needs to be emotionally satisfied for being recognized by others in order to feel emotionally secure and justified.' Thank you for your comment :)
💯
9:44 is so so true. We adopt our spending habits from the company we keep and the friends we have.
Working 2 jobs to pay off debts, and investing wisely, I’ve quietly and very boringly obtained millionaire status. A coworker remarked. “No one would want to live like you.” Little does she know…
Wow, the nerve to even say that !
Epitome of quiet millionaire , well done 👏 I'm Inspired!
I read that book years ago. More than 15 years. I would have been a MILLIONAIRE today if I had listened to … Great Video.
If you want to make money online, the book I recommend is "The Gilded Nexus of Prosperity"
I swear that's the book that changed my life
My father and mother in law immigrated to the US in the 1980's.
They were uneducated and worked lower wage jobs raising 4 kids.
They still managed to own a paid off house, all the kids finished college and saved around $500,000 cash for retirement.
If you think about it, not bad with lower wage jobs, kids and zero investment advantages.
Most Americans just spend too much money foolishly honestly.
That’s impressive, they definitely did well for themselves and their kids.
We came to the US in 1992, parents retired with paid off primary house and several rentals. I'm the oldest, recently retired from the military after 30 years of service. My sister is a physician assistant, brother is a radiologist. No silver spoon here, I remember vividly my mother rode a bicycle to work in the snow. No AC or heat to save electricity, all of our foods came from the foodbank, clothes were donated to us from the church. We have no sympathy for entitlement, go out there and get yours!
Glad you’re safe n loving your new yet vintage home Austin & Star🎉 ❤
Thanks!
You broke this down in such a simple and entertaining way. Gracias
Thanks! I try to keep it as simple as possible! It's a very complex process to do, haha
I read this book in Middle School changed my life
It's a great book!
We are soclose to becoming millionaires. Once you reach that first million, the second million is easier
I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix. Sometimes Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin ,While also continuously learning from mistakes and improving.
After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.
my partner’s been considering going the same route, could you share more info please on the advisor that guides you.
Stacy Lynn Staples is the coach that guides me. She’s a verified coach and she helped me see that returns can be made in both bull and bear markets. She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.
I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
Read this book years ago, a must read for anyone who wants to be successful, and you will be 😉
Thank you!👍
Great Video! I like the way you repeat your points.
Awesome video, very practical lifestyle nuggets, thank you Austin 👌🏻
Great video. Thanks for sharing
I like your map.
Thanks! It's fun to put up!
3 Things That Helped Me Achieve Wealth:
1. I stopped telling myself, "I’ll do it tomorrow."
2. I started watching motivational videos.
3. I read a book called The Gilded Nexus of Prosperity
I read that book around 5 times
Thank you for the education!
Thanks for watching!
Feliz Navidad y Prospero New Year 🎉😂2025
Loved the book!!!
My Fav. Book !!!!!!!
Did you read the other books in this series? Stop Acting Rich, The Next Millionaire Next Door? I do feel like more people need to read these books. Especially in the USA where there is so much pressure to show off. Everyone wants to look better off than the person next to them. And then I always wonder why…?
Tortoise with your💵(investing n saving monthly) makes wealth💎💯👍🏿
Ho my !I read this many year ago!❤😅
Good stuff! Unfortunately a million ain't what it used to be: where I live (NYC) it might buy you a modest one-bedroom apartment and you're still going to have to pay maintenance or HOA fees. We might need to talk about ten-millionaires moving forward... ;)
Or just don’t live in NYC
NYC is crazy expensive. You can make $100k as a single person and still be pinching pennies! I was shocked how expensive it was when I went there! But it's a fun place and perfect for some people...a theater kid like yourself!
And a big part of me still doesn't believe this because of course the quiet type is just not visible.
I keep feeling like 2025 is Austins breakout year
He already broke out if you were here when he was under 10k
So far so good. Always room for growth though!
@@ElAgustinlove your new apartment!
❤❤❤
I just came to see that types of videos only appear as if you are promoting a book. With that said, I will not watch. I'll go now.
"The Gilded Nexus of Prosperity " ebook, thank me later
That’s a sketchy ebook and gambling app? 😂
♥️
Are you a millionaire yet Augustín? 😂
Nah, just reviewing books now!
😅@@ElAgustin
#teamtoyotacorolla haha
Not getting married is another way to save money. Women are very expensive. They constantly need things and complain if they don't get them. Plus if you get divorced, the wife could get at least half of your wealth or even more. So if you want to become wealthy do not get married.
yeah AI are the best. electricity rather than carbs for the win.
bruh you could find someone with the same values as you tho? 😂
Well, before you marry, you have to court the woman, meaning you have to impress her. Most women are impressed by what you buy them, where you take them to dinner, what car you have, and what clothes you wear, where you go for vacations, where you shop. It is very difficult to find a simple woman who will be content with the minimum. They will burn through your savings. Once she moves in with you, your utility bills will go up because most women are very wasteful of water and electricity. She will take 1 hour showers daily, wash her clothes daily the whole day, use hair dryer for hours.
I've been with many men who blow money. Boats, cats etc. Be careful slamming all women.
I do not know where you're looking for women but we're not all like that. My dad use to just I could make a penny cry. And I am set w/o a man. What impresses me about a man is how he treats others. His values. Good luck.
Thank you! ❤