1-Spending more for a car 2- Not saving for retirement 3-Spoiling your children 4-Not having an emergency fund 5- Not learning how to budget 6- Not investing in stock market 7-Buying too much house 8- Carrying a credit card balance 9- Not paying your taxes 10- Not investing into your health ✨✨✨✨✨✨
Joshua, Thank you for this reminder. My Hubby & I went for a ride today & saw some gorgeous houses. I pulled 2 of them up just to see how much they were worth. 1 was almost $600,000 & the other was $1.5 million. We talked & said we were glad for our 768 sq ft house that is pd for & easy to clean. 😊
You are so correct. My Mother always said, "if you purchase anything on a credit card you must be able to pay it off at the end of the month" and "no matter the amount always save for a rainy day". Thank you.
So glad my husband and I had this mindset when we married almost 35 years ago. I would hate to have the stress of financial burdens at this time in our lives.
I totally agree with the “not spoiling your kids”. My brother constantly pampered and spoiled his daughter and never said no to her while she was growing up and now she is 24 years old and still has the mindset and sense of entitlement as a child.
We bought a house 7 minutes further out than the most desirable neighborhood 17 years ago for $100,000 less than it would have been there. Not having that additional debt has allowed us to travel abundantly, which is our passion.
I'll agree we don't need a mansion. Whatever house you get, put on a lot extra of down payment and ALWAYS PAY EXTRA. It's that compound interest he said. Even if it is only $50 or $100 some months, it really, really adds up. I paid off a house in 4 1/2 years which was a wonderful feeling and thank goodness I did since I had major health problems and lost my job a year later.
Student loan debt would be on my list. I never had any, but I see how it has put my friends' lives on hold and made crawling out of that debt hole seem hopeless.
I did too. Refinanced twice. Went from 4.75% down to 3.5% then 2.7%. That saved my $800 per month that I bought stocks with. That was before the market has shot up to 7% - 9% mortgages now.
I agree 100% about not buying more house than you can afford. No one wants the stress of worry about mortgage payments. That being said, a home is one of the smartest investments you can make.
The house size isn’t the only factor you should consider when buying. A small house in one city could be out of your price range while in another city it is affordable.
Thank you Joshua. I always enjoy your videos and have even shown one (about generosity) to my high school students here in Australia. Your content is spot on, well delivered and straight to the point. Many blessings to you. 🙏
Oh boy I needed to hear number 1 today as we have been contemplating buying a new car! There is such pressure around feeling that your car is still “ok” to drive once it passes 100,000 miles or 10 years! So thanks, I will keep driving it as long as it doesn’t have real problems.
Same feeling here! Just thinking of using all my savings to help pay for a new car. Maybe need to reconsider that now. We have a tiny Hyundai i10 over 10 years old and seeing drive fancy cars makes me want one too 😂.
We were able to retire in our 50's, when our youngest finished college. My kids are careful with money, two own homes and all drive old cars. Tina, Al's wife
Oh that’s a bummer!! I don’t know how I did it, but I learned all those lessons in early adulthood. I wish high school and college taught students more about managing money, investing, retirement, and credit cards. When you are 18 it’s on you to figure it out unless you have financially savvy parents who taught you those things.
Excellent points. It reminds me of a book called the Barefoot Investor by Australian Scott Pape. It has very similar advice but also includes really simple explanations and steps to follow to set yourself up with these principles, which to me has been fantastic. There is even a version of the book for children. I have no association with the book or the author and stand to gain nothing from this recommendation. I'm just highlighting a book which helped me greatly.
You are in luck; the research has been done, and teaching financial literacy does almost nothing to change behavior. Behavioral economists, INCLUDING MIT AND HARVARD, have been studying this for YEARS!! The biggest influence on adult behavior is what you learned from your parents. Next, the person you marry will make a huge difference. The next factor is how automated your financial decisions are. These include automatic deposits in retirement accounts and 529 plans for your kids.
Great advice! I'm/we're guilty of buying too much car (multiple times) and too much house, but kept said cars 13+ years and paid the house off early (and have been in it for over 30 years now). I did start saving for Retirement in my mid 20s and was able to retire at age 58 making my friends and coworkers jealous. We live frugally, yet comfortably and have never carried a credit card balance. Plus, our children know the value of money and are very frugal themselves! One other point that seems to be overlooked (and all of the credit for this goes to my wife) is to establish credit for your children early in their lives. Our kids, now in their 30s, have such long credit histories, that they're able to take advantage of preferred treatment such as low rates on mortgages, other perks of having high credit scores, etc..
Good points. I encourage adult children to live with their parents if they are not married and all parties get along. This will help everyone save money, and will also allow young adults to max out their 401k faster.
I went from a 3500 sq-ft house to a 600 sq-ft house on the lake. I went from spending thousands of dollars per month on taxes and mortgage to just $250/month on taxes, didn't need a mortgage as it was so cheap. Heating costs are tiny as well. It has a spring on the property so water is free. I've saved $75k in two years in mortgage costs. He is spot on, skip the McMansion and go for the small house.
Honestly, I tried the used car thing for 9 years of marriage, and after all the stress it caused us, we gave in to a vehicle with payments and never looked back. We had the worst experience with used ones. With my husband driving 2 hours a day for work we needed something reliable. Not something breaking down and leaving us on the side of the road. That is one thing now that i refuse to do again. Other than that im all for making other sacrifices 😅
I have the opposite story, funnily enough!! We bought an average, second-hand sedan for under $10,000 a few months before we got married. It was the perfect car and we had it for 11 years. The only reason we bought a new car a few months ago is because someone smashed our old car in an act of vandalism. Then we went the opposite way and spent quite a lot on our new car and are paying off a loan for it!! 🤷♀️
@Shihara Nizam oh no..at least you had it for quite some time. That's amazing. We went through so many vehicles. It was too stressful to deal with. Our last one we hoped if we spent a bit more on the ised one it would had been okay..nope. 5200.00 we might as well have tossed in the trash 😞 Least we tried haha
Literally the best decision I've ever made is to never borrow for a car and don't upgrade just because I've saved more money. The car is usually the first major purchase you'll make in your life, by being smart about the car purchase you'll find that you will build up enough money to buy the house and shares and obtain more financial freedom. Great list.
Everything in life in a balance between needs and wants. The goal is to invest/save throughout your life and hopefully enjoy retirement someday. But life isn`t worth living if all you do is practice sound money management with no fun at all. You can buy expensive stuff like cars if you balance it out in other areas. The problem is when people try to live a full luxury lifestyle.
This is great but I have no idea how to start investing. It would have been great to get information about what resources you recommend. I feel so overwhelmed with the amount of information out there.
I totally agree with the exception of nr. 6. Tried to learn about stocks and the financial market but always found it to be very complicated and (to be honest) boring. If I don't understand something I don't want to put my money in it. So I save even though there is inflation. Are you sponsered by this Robin Hood App?
I just started listening to another channel called "financial tortoise" and he explains the basics of investing in a way that finally made me comfortable with the idea of investing in stocks without understanding it fully. You might want to give him a try. (I would not invest my entire nest egg in something I dont understand fully, but for a portion to diversify in another way it was enough of an explanation)
There is NOTHING boring about being rich. It took me 25 years, but I have a 7 figure retirement account. Invest every month in a S&P 500 mutual fund at Vanguard, and you have done everything you need to do. Once you start to see the numbers go up over the years, you will find more interest in investing. It is lovely to get money for letting companies earn money. Just lovely.
I cannot stress enough raising your kids well below your means. Although I am a physician, I live in a small home in a diverse neighborhood with teachers, police officers, and tradespeople. This neighborhood has helped my kids have reasonable expectations for their future lives and allowed them to decide how they want to spend their working days. You do your kids no favors giving them everything, even if you can afford it.
Ooh, Ouch! I will respectfully disagree with the suggestion to invest in the stock market. I agree that one ought to invest, but the stock market is NOT correct for everyone. I wish this hadn't been given in such a wide forum where you do not know everyone's situation. There are many types of investments that lead to tangible assets even in down markets. Stocks do not do that.
my biggest regret is buying a used car. You never really know the condition of the car and I ended up paying thousands repairing it over the years. When it finally broke down I decided to buy a new car. It is a big expense but I know I will take care of the car and keep up with regular maintenance and it will last a long time,
@@ivobiancucci4528 I don't know about you but when i buy a car i don't plan on ever selling it while it is still usable. i plan to drive it until it literally dies so resell value is not important. At that point, they can only sell it for scraps. The reason why i prefer new to used is because of the maintenance costs. When i bought my last car used there ended up being a ridiculous amount of issues that came up almost immediately.These repairs cost thousands of dollars to repair.
Or an RV. Both are costly & have extreme upkeep. That’s all I can think of when I get behind either… that, & they’ll probably get one more use out of it… if they’re lucky.
A car is also a status symbol and, for some people, a deeply enjoyable hobby. I absolutely believe cars should only be bought in cash and should never cost more than a quarter of one's annual income, but let's stop the "it just takes you from a to b" shtick.
Very good tips. I disagree on the stock market. It is participating in a completely unethical late capitalist system that exploits the greatest part of the world's people. Find ethical ways to let your money grow, e.g. in green investments or micro loans. Slower, but without having to have a bad conscience!
Sorry - but being from the UK 🇬🇧 I’m not sure I agree with you in investing in the stock market? Too addictive and risky if you are after the big payout
Well, Josh, like many people, is probably taking an approach to problem solving. Money can be used to buy goods and services. If the problem is "something" missing, then a person may be able to either do without it or revert back to consumerism and buy what is lacking. I don't see the existence of a stock market and investment growth apart from consumerism.
Agree with everything except investing in stock market, I'd rather invest in real estate instead, to get the monthly cash flow from renting out; properties never depreciate in value so it's a long-term investment too. Stock market svcks, you have to be active, and you can't say for sure the stocks you bought will go up in value in 10 years, it might go down, it's like gambling.
"Reflect upon the Past. Embrace your Present. Orchestrate our Future." --Artemis 🐲✨🐲✨🐲✨ "Before I start, I must see my end. Destination known, my mind’s journey now begins. Upon my chariot, heart and soul’s fate revealed. In time, all points converge, hope’s strength re-steeled. But to earn final peace at the universe’s endless refrain, We must see all in nothingness... before we start again." 🐲✨🐲✨🐲✨ --Diamond Dragons (series)
Why don't you teach "delayed gratification" to the rich? I am tired of this idiotic term. What is delayed? Days? Months? Years?. Mostly it is delayed for your entire lifetime.
1-Spending more for a car
2- Not saving for retirement
3-Spoiling your children
4-Not having an emergency fund
5- Not learning how to budget
6- Not investing in stock market
7-Buying too much house
8- Carrying a credit card balance
9- Not paying your taxes
10- Not investing into your health
✨✨✨✨✨✨
Thanks but
Thank you so much!
I will share those concepts with my friends, because the benefits I got by following most of those 10 things in the past
Joshua, Thank you for this reminder. My Hubby & I went for a ride today & saw some gorgeous houses. I pulled 2 of them up just to see how much they were worth. 1 was almost $600,000 & the other was $1.5 million. We talked & said we were glad for our 768 sq ft house that is pd for & easy to clean. 😊
a small house is the best ,, cheaper to cool and heat and clean , its a great option ....
Being able to keep your house clean gives peace of mind.
Probably the best top 10 list (of this type) I’ve ever encountered.
Thanks William. Appreciate the encouragement.
You are so correct. My Mother always said, "if you purchase anything on a credit card you must be able to pay it off at the end of the month" and "no matter the amount always save for a rainy day". Thank you.
So glad my husband and I had this mindset when we married almost 35 years ago. I would hate to have the stress of financial burdens at this time in our lives.
I totally agree with the “not spoiling your kids”. My brother constantly pampered and spoiled his daughter and never said no to her while she was growing up and now she is 24 years old and still has the mindset and sense of entitlement as a child.
We bought a house 7 minutes further out than the most desirable neighborhood 17 years ago for $100,000 less than it would have been there. Not having that additional debt has allowed us to travel abundantly, which is our passion.
I'll agree we don't need a mansion. Whatever house you get, put on a lot extra of down payment and ALWAYS PAY EXTRA. It's that compound interest he said. Even if it is only $50 or $100 some months, it really, really adds up. I paid off a house in 4 1/2 years which was a wonderful feeling and thank goodness I did since I had major health problems and lost my job a year later.
🙏🏽🙏🏽
Student loan debt would be on my list. I never had any, but I see how it has put my friends' lives on hold and made crawling out of that debt hole seem hopeless.
Darn it! We overspent on a house and it's far from our dream home. Now budgeting is tough😔
I did too. Refinanced twice. Went from 4.75% down to 3.5% then 2.7%. That saved my $800 per month that I bought stocks with. That was before the market has shot up to 7% - 9% mortgages now.
I’m in my forties and follow all your suggestions. No debt, six figures in savings and investments. I only wish I had done all this in my twenties.
I agree 100% about not buying more house than you can afford. No one wants the stress of worry about mortgage payments. That being said, a home is one of the smartest investments you can make.
Amazing advice! We overspent on our home & now have been house poor for a few years 😢
Thank you! This reinforced my journey and how happy I am with my 1,001 sq ft villa that fit's my need and will still be a perfect place to retire.
The house size isn’t the only factor you should consider when buying. A small house in one city could be out of your price range while in another city it is affordable.
All 10 are absolutely sound advice. Thanks for the reminder.
Thank you Joshua. I always enjoy your videos and have even shown one (about generosity) to my high school students here in Australia.
Your content is spot on, well delivered and straight to the point. Many blessings to you. 🙏
Oh boy I needed to hear number 1 today as we have been contemplating buying a new car! There is such pressure around feeling that your car is still “ok” to drive once it passes 100,000 miles or 10 years! So thanks, I will keep driving it as long as it doesn’t have real problems.
My 18 year old Ford Escape has 288,000 kms on it - just spent $2700 on it and it feels good not having paymenys 😁😁
Same feeling here! Just thinking of using all my savings to help pay for a new car. Maybe need to reconsider that now. We have a tiny Hyundai i10 over 10 years old and seeing drive fancy cars makes me want one too 😂.
SPOT ON!!! I would add invest in personal relationships-friendships to avoid loneliness...Loneliness kills:(
We were able to retire in our 50's, when our youngest finished college. My kids are careful with money, two own homes and all drive old cars. Tina, Al's wife
Wow spot on I have had all those regrets! Take this one to heart!
Oh that’s a bummer!! I don’t know how I did it, but I learned all those lessons in early adulthood. I wish high school and college taught students more about managing money, investing, retirement, and credit cards. When you are 18 it’s on you to figure it out unless you have financially savvy parents who taught you those things.
Excellent points. It reminds me of a book called the Barefoot Investor by Australian Scott Pape. It has very similar advice but also includes really simple explanations and steps to follow to set yourself up with these principles, which to me has been fantastic. There is even a version of the book for children. I have no association with the book or the author and stand to gain nothing from this recommendation. I'm just highlighting a book which helped me greatly.
Well said what we do today will shape tomorrow.I can see you have a great future. ❤❤
I wish students were taught these concepts now in school.
You are in luck; the research has been done, and teaching financial literacy does almost nothing to change behavior. Behavioral economists, INCLUDING MIT AND HARVARD, have been studying this for YEARS!! The biggest influence on adult behavior is what you learned from your parents. Next, the person you marry will make a huge difference. The next factor is how automated your financial decisions are. These include automatic deposits in retirement accounts and 529 plans for your kids.
Students are glued to their phones…can’t they watch a 5 minute UA-cam video on the subject?
Oh, but schools have so many other WONDERFUL things to teach, that there just isn't the time. -sarc
Every one of these topics is taught in school. However most kids think school is dumb and old people like teachers don't know anything.
They are - at least here in my country. It is mandatory knowledge not just in school, but also from parents to kids. ;)
Great advice! I'm/we're guilty of buying too much car (multiple times) and too much house, but kept said cars 13+ years and paid the house off early (and have been in it for over 30 years now). I did start saving for Retirement in my mid 20s and was able to retire at age 58 making my friends and coworkers jealous. We live frugally, yet comfortably and have never carried a credit card balance. Plus, our children know the value of money and are very frugal themselves!
One other point that seems to be overlooked (and all of the credit for this goes to my wife) is to establish credit for your children early in their lives. Our kids, now in their 30s, have such long credit histories, that they're able to take advantage of preferred treatment such as low rates on mortgages, other perks of having high credit scores, etc..
Thank you, a very important lesson
Oh my gosh this video is going to help me a lot!!! There are so many things I could take action on. Thank you!!!!!
Sense! The more time sense is repeated the better! I was fortunate had sensible parents! Aussie Lady
All great points! Thankful for the reminders and good advice.
Good points. I encourage adult children to live with their parents if they are not married and all parties get along. This will help everyone save money, and will also allow young adults to max out their 401k faster.
I went from a 3500 sq-ft house to a 600 sq-ft house on the lake. I went from spending thousands of dollars per month on taxes and mortgage to just $250/month on taxes, didn't need a mortgage as it was so cheap. Heating costs are tiny as well. It has a spring on the property so water is free. I've saved $75k in two years in mortgage costs. He is spot on, skip the McMansion and go for the small house.
Honestly, I tried the used car thing for 9 years of marriage, and after all the stress it caused us, we gave in to a vehicle with payments and never looked back. We had the worst experience with used ones. With my husband driving 2 hours a day for work we needed something reliable. Not something breaking down and leaving us on the side of the road. That is one thing now that i refuse to do again. Other than that im all for making other sacrifices 😅
I have the opposite story, funnily enough!! We bought an average, second-hand sedan for under $10,000 a few months before we got married. It was the perfect car and we had it for 11 years. The only reason we bought a new car a few months ago is because someone smashed our old car in an act of vandalism. Then we went the opposite way and spent quite a lot on our new car and are paying off a loan for it!! 🤷♀️
@Shihara Nizam oh no..at least you had it for quite some time. That's amazing. We went through so many vehicles. It was too stressful to deal with. Our last one we hoped if we spent a bit more on the ised one it would had been okay..nope. 5200.00 we might as well have tossed in the trash 😞 Least we tried haha
Number 1 and number 4 are my favorites!! Can’t be having a super expensive car and also you got to have an emergency fund
Sound Advice Josh. I needed a reminder on a few of those. Thank you
Its one of the best practical advice👍
God Bless you always Joshua Becker
Literally the best decision I've ever made is to never borrow for a car and don't upgrade just because I've saved more money. The car is usually the first major purchase you'll make in your life, by being smart about the car purchase you'll find that you will build up enough money to buy the house and shares and obtain more financial freedom. Great list.
Great list of tips! These are the basic things people should think more about.
Blew it on #3. May I please have a redo? Whoops, too late.
Lol 🤣
Wow great video. I wish more UA-cam videos were like yours, informative, no nonsense and straight to the point
Would really love more of financial minimalism videos.
Thank for sharing this financial wisdom!
Everything in life in a balance between needs and wants. The goal is to invest/save throughout your life and hopefully enjoy retirement someday. But life isn`t worth living if all you do is practice sound money management with no fun at all. You can buy expensive stuff like cars if you balance it out in other areas. The problem is when people try to live a full luxury lifestyle.
Always so grateful that you share your wisdom & experience with us! 🙏🏻
LOL at 2:50 - showing the CAKE crypto token - which CRASHED HARD recently 🤣
Glad we are doing 9 out if 10 of them, need to work on more our health by working out regularly and eating healthy.
Great list, thanks
This is great but I have no idea how to start investing. It would have been great to get information about what resources you recommend. I feel so overwhelmed with the amount of information out there.
Great video. Everyone must watch this.
Thank you
I totally agree with the exception of nr. 6. Tried to learn about stocks and the financial market but always found it to be very complicated and (to be honest) boring. If I don't understand something I don't want to put my money in it. So I save even though there is inflation. Are you sponsered by this Robin Hood App?
I just started listening to another channel called "financial tortoise" and he explains the basics of investing in a way that finally made me comfortable with the idea of investing in stocks without understanding it fully. You might want to give him a try. (I would not invest my entire nest egg in something I dont understand fully, but for a portion to diversify in another way it was enough of an explanation)
There is NOTHING boring about being rich. It took me 25 years, but I have a 7 figure retirement account. Invest every month in a S&P 500 mutual fund at Vanguard, and you have done everything you need to do. Once you start to see the numbers go up over the years, you will find more interest in investing. It is lovely to get money for letting companies earn money. Just lovely.
He made it very clear, invest in index funds that go with the market, VOO, S&P 500, etc.
Valuable information. Thanks for sharing Joshua.
Thank you for this message, just that I need today!
This is a great list. Many thanks!
Living below our means has been huge for us. However, I manage money better than my husband does. How do we get on the same page.
Awesome.. ❤
Thank you! ❤
THANK YOU, AS ALWAYS!!♥️
Loved the very indispensable points !
Thank u so much bro🙏❤️
Great advice!
💯 except the stock market portion…much of what’s wrong in our society is because of blind investments in corporations
I cannot stress enough raising your kids well below your means. Although I am a physician, I live in a small home in a diverse neighborhood with teachers, police officers, and tradespeople. This neighborhood has helped my kids have reasonable expectations for their future lives and allowed them to decide how they want to spend their working days. You do your kids no favors giving them everything, even if you can afford it.
Just want to say that I love your hair!🤩🎉💇♂️
So true. Good job
Ooh, Ouch! I will respectfully disagree with the suggestion to invest in the stock market. I agree that one ought to invest, but the stock market is NOT correct for everyone. I wish this hadn't been given in such a wide forum where you do not know everyone's situation. There are many types of investments that lead to tangible assets even in down markets. Stocks do not do that.
The BEST ADVICE ever!!! Thx you!
Started late regarding # 2. Praying God opens doors for # 7!! Have been doing the rest. God is good!!!
my biggest regret is buying a used car. You never really know the condition of the car and I ended up paying thousands repairing it over the years. When it finally broke down I decided to buy a new car. It is a big expense but I know I will take care of the car and keep up with regular maintenance and it will last a long time,
It will be worth 50% less in 5 years
@@ivobiancucci4528 I don't know about you but when i buy a car i don't plan on ever selling it while it is still usable. i plan to drive it until it literally dies so resell value is not important. At that point, they can only sell it for scraps.
The reason why i prefer new to used is because of the maintenance costs. When i bought my last car used there ended up being a ridiculous amount of issues that came up almost immediately.These repairs cost thousands of dollars to repair.
You forgot buying a boat.!
It’s because Joshua doesn’t live by the sea 😉😂
Or an RV. Both are costly & have extreme upkeep. That’s all I can think of when I get behind either… that, & they’ll probably get one more use out of it… if they’re lucky.
Very true I wish I had saved more 30 years ago. But here we are saving now
May you live forever Josh
A car is also a status symbol and, for some people, a deeply enjoyable hobby. I absolutely believe cars should only be bought in cash and should never cost more than a quarter of one's annual income, but let's stop the "it just takes you from a to b" shtick.
No mention of cigarettes, alcohol or gambling?
There isn't really anything to save from my paycheck. Sometimes you can't really do anything about living from paycheck to paycheck.
Very good tips. I disagree on the stock market. It is participating in a completely unethical late capitalist system that exploits the greatest part of the world's people. Find ethical ways to let your money grow, e.g. in green investments or micro loans. Slower, but without having to have a bad conscience!
This man is so proud of his hair… and rightfully so
Peter Parker got old😅 Good talk.
Sorry - but being from the UK 🇬🇧 I’m not sure I agree with you in investing in the stock market? Too addictive and risky if you are after the big payout
No pursuit is safe if you’re just trying to get rich quick.
Well, Josh, like many people, is probably taking an approach to problem solving. Money can be used to buy goods and services. If the problem is "something" missing, then a person may be able to either do without it or revert back to consumerism and buy what is lacking.
I don't see the existence of a stock market and investment growth apart from consumerism.
I clicked the video just to check your hair style. Who else?
That was good
Agree with everything except investing in stock market, I'd rather invest in real estate instead, to get the monthly cash flow from renting out; properties never depreciate in value so it's a long-term investment too. Stock market svcks, you have to be active, and you can't say for sure the stocks you bought will go up in value in 10 years, it might go down, it's like gambling.
Properties never depreciate in value…. :)
Index funds follow the market. That can be a good idea to invest some in every mounth.
"Reflect upon the Past.
Embrace your Present.
Orchestrate our Future." --Artemis
🐲✨🐲✨🐲✨
"Before I start, I must see my end.
Destination known, my mind’s journey now begins.
Upon my chariot, heart and soul’s fate revealed.
In time, all points converge, hope’s strength re-steeled.
But to earn final peace at the universe’s endless refrain,
We must see all in nothingness... before we start again."
🐲✨🐲✨🐲✨
--Diamond Dragons (series)
Regret from spending on a car is usually immediate; no need to wait 10 years
Says the guy with super hero hair.
A golden rule to apply here is, that you should never have fixed expenses higher than the lowest income of yours can afford. ;)
#11: Leasing a car.
❤👍
🙋🏻♀️
✅
Depends. If your houshold is wealthy or you live in a world class city then some of these "rules" is the opposite of what you should do
11. Spending money on having your fingernails done.
🥰
You lost me at the stock market.
Why don't you teach "delayed gratification" to the rich? I am tired of this idiotic term. What is delayed? Days? Months? Years?. Mostly it is delayed for your entire lifetime.
Joshua is definitely a hardcore bogleheads
I have never heard that term before. Thank you for introducing it to me.