Why I'm Extremely FRUGAL
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- Опубліковано 22 тра 2024
- 10 reasons why I am extremely frugal.
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The biggest threat to your freedom in this world is consumerism. Consumerism is when you are constantly spending your money on material possessions thinking that they will add value in your life. The reality is that when you pursue this path, you are often met with high stress, long hours at work, and lack of freedom.There is one way, however, to fight the rising prices and over-consumption and it is through "frugality."
Frugality often gets confused with being cheap. People often think that when you are frugal, you are depriving yourself of things in life; however, people are wrong when they say this.
1. Being cheap is not spending your money and depriving yourself of things in life.
2. Frugality is managing your money carefully and not wasting anything.
Being frugal should be the norm in society because when you are frugal you end up saving more money and then you have more options in life. I have been frugal my entire life and this lifestyle has allowed me to do many things in my life. In this video I share 10 reasons why I am frugal.
"10 Reasons Why I Am Frugal"
Reason 1: I Don't Want to be Controlled By The Man
When you do not have much savings or are in debt you lose your options. You do not have as much control over your life's decisions and have to take orders from other people. Money = Options. I am frugal because I do not want my options to be controlled by other people.
Reason 2: I Don't Really Like Working
I do not want to spend the majority of my life staring at a computer screen and working 40 hours a week. I want to take breaks in my life and not have to work consistently until I am 65. I am frugal because I want to spend less time working and more time enjoying life.
Reason 3: I Don't Want to Spend My Life Figuring Out How to Pay Off Debt
Debt creates a lot of stress in people's lives and make them have to work hard to figure out how to pay off the debt. I would prefer to just be frugal and not get in debt in the first place, so I can spend my time doing things that are more important to me.
Reason 4: I Value Freedom Over Possessions
Once the bills are paid you can save the leftover money or spend it. When you are spending it you are getting a dose of dopamine, but when you are saving it, you are buying back a small piece of your freedom. I am frugal because I would prefer to save money and have more freedom in my life.
Reason 5: I Don't Want to Lose Appreciation
I have noticed that as I make more money in life that I can buy whatever I want, but I am losing appreciation when I get something. I try to limit myself on things like eating out or treating myself because I want them to remain treats. I am frugal because I don't want to lose appreciation over things.
Reason 6: I'm Not That Smart
I do not have an idea that will make me a million dollars and become financially independent. That said, being smart is not necessary because you can save a lot of money by being frugal.
Reason 7: I Don't Want My Life to Revolve Around Money
When you do not have money, you have to make decisions based on if you have the money. I make decisions every single day to save money by being frugal, but when the time comes to get something I want I don't hesitate because I know I have the money.
Reason 8: I Don't Want to be Rich
Being rich is when you decide to start looking externally for happiness and use the possessions to create a status for you. This can lead to a toxic ego. I am frugal because I do not want money to change the way I view myself and others.
Reason 9: I Like Simplicity
I prefer to live a simple life with less stuff and less financial clutter. Frugality is a lifestyle that allows me to live a simple live without a bunch of worries.
Reason 10: I Care About My Future Self
Most people do not realize how much of an effect money has over their lives. Every decision, good or bad, will affect your future self in some way. When you make poor financial choices the only person you are hurting is yourself. I am frugal because I want to look out after my future self and not make decisions that will make life harder in the future. - Навчання та стиль
What's one benefit of being frugal?
Having more time to spend
It’s a great example for your kids!
You don’t have as much fear over changes in the world.
You have money to save.
I could write so many more!!
Less stress because I know what I want and I'm no longer pushed around by what other people think I should have/do.
The benefit may not usually be evident during the present times, but it’s going to be worth it in the long run and when you’re already reaping the fruits of your efforts and sacrifices. Frugality is spending your money only in things that matters the most.
Frugality = freedom
This young man is so right. I am 59 and always lived a frugal life. Many people thought I was « cheap » and I didn’t care. I saved more than a couple of million dollars and I didn’t need to work at age 50. I now do real estate consulting only on mandates that I like. More recently with a lot of inflation, my wife and I rarely go to a restaurant. $20 for a pizza and $12 for a 5 oz glass of wine is too expensive. We cook excellent food at home, eat on our outside balcony and we’re happy. We’ve done many trips abroad and came to realize that there is nothing like our home. I don’t play golf anymore but I ride 30 to 50 miles on my electric bike on country side trails through corn fields and tree covered trails. I stop by a lake, eat my lunch and ride bike. My life is simple, we are happy like that.
Serge! Exactly, simple is best!
Well done I totally agree with you .
Boring
Awesome! That is how you live life right!
I love simple!!
Finally someone said it loud and clear “I DON’T LIKE TO WORK” thank u for your honesty
It's not about work. One can feel very unfulfilled without doing something constructive. It's about doing what you want to do for yourself or others which enriches your life through satisfaction, well-being and happiness. I Do Not like doing something I don't like for someone I have no respect for. Least of all where the reward is disproportionate or exploitive. That's exactly where FU money come in and why one needs it above anything else. The world is full of users and abusers and very insincere people.
same i don't like to work in my current job but I am saving and investing to be free in few more years. I like some other work in a different field altogether and that's what i;m going to do after leaving high paying job.
I retired three weeks ago. I enjoyed working. I rarely had to motivate myself for Monday mornings. We were frugal, living on approximately half of our income (or less). I’m enjoying a non-hurried pace of life and while no scenario is perfect, it makes sense to control your spending and learn contentment.
in deep i think no one like to work it's just wasting life time doing something you don't really care at all
Expectation management! Work is not meant to be a great experience, it is meant to pay your bills. It will also give men a sense of accomplishment (as your bills are paid). Reset your expectation of what work is and you will be fine.
"I don't really like working." Spot on brother, so simple, so genius.
Depends what one calls work, and what the employment situation is.
I don't need to work full-time anymore, but the system wants you to live at work and be slave for money. It's a trap. Get Tv and commercials out of your life
No, work keeps you out of troubles
Who likes working? Let's face it - no one. Do you?
Thats sad. I actually like my job very much and would not give it up, even if i already was a millionaire. I think work gives you purpose in life. But that depends on your job, of course.
I am 68 and retired, saved my entire life for my retirement. Most of my friends spent so much that now they are struggling. People don’t think about the future
I am like this, me and my husband. I hope when I reach your age I will be able to live comfortably. Delayed gratification right? People mock the way my husband and I, say that we are crazy. Only time will tell
Dont live too frugally, tomorow may not happen!!!
I had friends who did this, quite a few didn't live long enough to enjoy it. Their kids are buying all the stuff they could have enjoyed. Avoid extremes, don't purchase loads of stuff, but don't deny yourself everything.
I always smile when youngsters talk about work life balance, work is life. Rather than working with quitting always on your mind, make an effort early on to find a job you like doing.
Having less things is less stressful
Less things to move around,more money saved,more freedom
Yeah, very stressful 😅
So true. I've reduced my possessions so much in the past year. As i got rid of my possessions I thought what on earth was I thinking when I bought all that stuff!! My only saving grace was that I bought all of them in charity/recycling shops. Great video.
Having fewer things is stressful.
Having less things is illiterate
One Russian priest said: if we analyze our life, we will see, that we wake up thinking/worrying about money, we spend our whole day working to earn money, and when we go to bed we are thinking/worrying about money again. How sad is that!!!
And yet money don't exist. The money to wealth is like a menu to actual dinner. It's a measurement, like inches or degrees. And yet...
In societies where cost of living burden is eased, this is not the case
Money is needed for basic survival.
Welcome to the machine
I have been screaming this message to everyone around me and nobody seems to understand. Thanks a million
I filed for bankruptcy, divorced my wife, sold my $170k house and moved into a 82' trailer, back in 07'. Had nothing for retirement at 40 yoa. Lived very frugally for years, while I saved for my future. Currently 60' yoa with 3.5 million. Oh, yes I now live in a $600k home. Just focus and set your priorities!
Did you start a business or how did you manage that?
@@GlobRes And you are just jealous or stupid))) There are 20 years of life between 40 and 60))) It's possible to work hard, live frugally and save millions. And maybe he invested money received from selling his house)
Wonderful story. Thanks for sharing
🤔
You must have also been making about $200,000 a year which would have helped.
I work in long-term care. I see multitudes of people that spend a lifetime accumulating stuff and the end of their life getting rid of it.
that's a good way to live
@@TimothyNyotaNot if said person is your neighborhood r/Hoarder. 😂
Thats so sad
I like you and agree with much you say.
Nothing beats personal freedom and not having to work for a living
I love the “its 10,000 one dollar decisions” so true - its always the little things.
Yeah and it’s a habit. People also talk about cutting out restaurant dining. But, when you do so, if you used to go frequently, even for fast food, you also save gas and car maintenance. You may be blue to get things done, like a bit of house cleaning or a personal project, while cooking. Heck, I even like it because, I already go out, to go to work, more than I’d like. I’d rather spend time with my pets, since we do miss each other and are all bored AF, with me at work and then at home.
Yes. My time and my freedom are everything to me. Instant gratification isn't sustainable.
Hello Austin Williams: I'm 63 years old.
I've learned to appreciate and embrace being frugal. I've embraced a simple life and I do not want to be rich and that helps my mind. I just want to be comfortable. Everyone thinks being frugal is cheap. Wrong. The tips I have for myself to remain faithfully frugal:
1. Cook delicious healthy meals at home and make enough for another meal or two.
2. I use UA-cam for entertainment.
3. I buy brand-name clothing at discount stores.
4. If someone invites me out to dinner I then invite him or her to my place for a homecooked meal.
5. I don't smoke and only have red wine as a special treat.
6. I don't drive and buy bus tickets but normally walk everywhere. As good as joining a gym and keeps me trim and happy.
7. I buy discounted food. For example, a bag of apples had one bad one and I got the bag half price.
8. Canned sardines and kippers are cheap, nutritious, and quick. I eat two cans a week at least.
9. Lentils and beans are my main protein and I use cooked chicken as protein.
10. I eat an egg every day.
11. I freeze tomatoes to use in soups.
12. All my reading material is from the library.
13. I use white vinegar for most of my cleaning.
14. If I'm lonely instead of going to a bar I go for a walk and talk up other walkers. It feels great.
15. I make greek yogurt in my Instant Pot.
16. A thick smoothie can contain carrots, blueberries, chia seeds, and almond milk.
17. I give money to the homeless.
18. I write many thank you cards monthly.
19. I help others who can't help me back.
20. I remain cheerful and grateful.
@David Dean
I totally admire your life philosophy. I’m going to copy your post to my notes and try to incorporate as many of your principles into my own life. 🙏
@@mae9064 Thank you, Mae.
@Michelle Cheers to you in Australia from Canada. I too am retired, debt and mortgage-free, living on a fixed income that is below the poverty line here and, like you, I've never been more content in life. May you continue to be happy and content. That is the meaning of life.
Hello David! Wow, what a beautiful comment! Thanks for taking the time to write it and sharing your wisdom.
@@daviddean6032 @Michelle @Austin Williams from Canada , Australia & US , I’m hearing you all over here in Ireland 🇮🇪 where at 60 I’m debt free, retired, living on invalidity pension which definitely is below cost of a living wage over here and doing just fine. Delighted to have found my tribe 😀 🍀
He is absolutely spot on !!!! I'm 70 years old and consider myself a wise old owl. So from a wise old owl ,here are my tips. First and foremost find a wife/husband/partner on your same wavelength. Never go into debt. Work and save while you are young and try to retire between 40-50. Get off grid as much as possible. Get out of cities,fast. Grow your own and keep chickens. Don't have too many children. Buy quality and only once. Buy only what you truly love,that way you will always love it and not look to replace it. Waste NOTHING and recycle everything. If you are thinking of setting up home buy from second hand places. You will find better quality and will have things not only for next to nothing,but unique things that no one else has. Keep away from shops and supermarkets as much as possible. Not only will you be spending less on stuff that you don't need,but you will be eating healthier. Of course you need to go there sometimes, but load up when good offers are on and store non perishables. Perishables can be frozen. Get yourselves some decent sized freezers. Make lots of large quantities of soups etc etc in the summer months when vegetables are cheap and freeze. I could go on and on. This system of consumerism had been carefully planned over many decades to keep people poor and to make " them",those who TRULY rule the world rich. By doing this 'they' have taken away one of our most precious things....TIME !!! Time for US, time for YOU and your families. Always make time for you and for those who are important to you. Get out of the rat race and start living !!! I love you all and understand your difficulties and i deeply sympathise. If you are unhappy with your situation and feel that expenses are just too much,move to another country where its warmer and the cost of living is much cheaper. NEVER EVER DESPAIR as there is always a solution to everything. We moved to Costa del Sol in southern Spain and in 15 years here have never had to put on the central heating in the house,only a log burner now and again. I do all of the above and genuinely care for people. ❤
I was frugal for like 40 years but kinda lost that recently when I experienced the loss of a family member. I feel like consuming was a way of coping... Thanks for this video, it is a good reminder of my core values. I'm slowly going back to frugality.
sorry to hear about your loss. I hope you find peace in your life. - Rich from PA
I agree, when my husband died it devastated me and I coped by spending. I wish I could go back in time, but I can just go forward now.
Yes I feel you, I was that too, I feel loss when someone gone in life. I become different spending enjoy what I want and having a hard time so I have to go back where I been slowly
Consuming is absolutely a coping mechanism. It's precisely "retail therapy" which we use in vain as a balm to feel better about all of the hours of our lives we spend in cr**py jobs
When you lose someone, you have to stay busy. Call a friend you haven't seen in a while and ask them to lunch or a walk.The easy thing is to sit in front of tv or shop.
Try explaining this to my wife .
Lol
lol
😂😂😂😂🤣🤣🤣🤣😳
😂😂😂
totally relatable 😅
I never thought I would EVER find another human being who thinks identical to myself about so many things.
Me too
Ditto here
I spent a lot on my education and too many years paying it off. People would ask, did you ever think of going back to school? N-O. Lol. Never again. I love school, but the library is free, and I have my own library at home now.
Same here..!! 👍💯
Theres many of us
This man is my idol. I am consumed by consumerism. I’ve wasted thousands in my life. Money I wish I still had.
I hear you, my friend... too many of us. but there´s hope!
One of the most stupid to use money are cars. Muscle cars or so.
@@franzinauen8443 Cars is a tough one. Because if you invest in tools and knowledge and effort, you can find older cars that need some TLC, and then keep them on the road for decades longer than people who buy new cars and never touch a wrench. I drive a 2007 subaru forester. I bought it for $1250 a year ago. I know I'm saving a lot of money this way, and it's huge not having a monthly car payment, but it takes investment in other ways and it's not available to everyone.
I figure I wasted about $100K in the last 10 years. That money could have been save and grown by now, providing a much more comfortable retirement.
Preach. They mocked me at work for talking about being frugal.
I tell people I practice being on a financial diet.
Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.
Impressive insights! For beginners like me, managing and staying updated can be overwhelming. Are you an experienced investor or do you have a strategic approach for staying informed?
Absolutely not, as I've closely tracked my portfolio's performance, witnessing a staggering $482k growth in just the last two quarters. This experience has taught me the secrets behind experienced traders' substantial gains in what might appear as unpredictable markets. Undoubtedly, it's been a bold and rewarding choice I made fairly recently
@@PhilipDunk Could you kindly elaborate on the advisor's background and qualifications?
I've been working with “Vivian Carol Gioia” whose knowledge of portfolio diversification is unmatched and client-focused; under her direction, I've made more money than I ever did when I made investments utilising UA-cam on my own.
@@PhilipDunk I just came across her web page, I went through her resume and I must say it was quite impressive. I reached out to her and I have booked a session with her.
I grew up dirt poor. I watched my mom raise me and my siblings, without help, and unable to ever......ever, provide for her children in the way she wanted. I hated Christmas because I was tired as a child of hearing her crying in her bedroom. I learned early, money in the bank was not money.........it was choices in the bank. If you have no savings..........you have no choices. I was 15 going on 35, my Mom would say. Advanced well beyond my age. I vowed to never have a life without savings.........It worked! I'm now 76 years old, with financial blessings no one would believe............. God's grace is an incredible thing!! You must make an effort...........that's all that's required people........
I still dislike Christmas. My mother went into debt to Macy’s and complained about it for the rest of the decade. No crying or complaining needed. To be fair she was young and unsophisticated.
I also believe being poor is a choice not just bad luck. For adults that is. Children get stuck with the parents choices.
@@dennyatkins3842
There are lots of people in debt because they became sick. Is that their fault?
They should have planned better I suppose? Maybe don’t make such arrogant statements. Not everyone is poor because they were lazy or spent too much. Maybe they had to buy medicine for their child or endure operations and medical treatments.
@@dennyatkins3842 I respectable disagree. There are single mothers, people that are handicapped ,either mentally or physically.
I've been through that too so I know the feeling.
You got me at “I don’t like working “….I subscribed. Great video!
I think most people agree with you, Vannesa. I certainly do. Cheers.
I sure do agree lol
There’s more work out there than 9-5 and looking at a computer screen. If you are frugal you have more choices you can choose a lower paying job in an area you feel is more rewarding. I work with kids and it’s so refreshing compared to finance but it’s not as well paid.
Sameee ahahahha
I liked working, but now I am retired and I like that too. If you like working, there is also not only one job you would feel happy. My job was in the electric thing, but also some work with wood, leather or steel I could imagine that it made me happy. Now, I am modifying guitars and learn to play it. The brain needs something to do.
I´ve doing the same for ages. I truly believe that the more frugal someone is, the more freedom they will have in their lives.
I’ve had this mindset since I was a kid. Other then my mortgage which will be paid off this year (at age 39) I’ve never borrowed money. I save to buy used vehicles, and do the most maintenance on them that I can(thanks UA-cam). I do as many things that I can on my own. Build furniture, repair things, renovations, etc.
I’m trying to teach my 4 kids these values.
There is so much joy in doing things on your own, and you build a greater appreciation for what yiu have been blessed with.
It’s all about attitude.
I’m 30 and just realizing this! I will be frugal going forward!!!
Me to at 31....amen.
Best age to start. Learn about compounding interest also. Very important.
I’ve never liked working either: could think of 100 things I’d rather be doing, starting with cleaning the toilet. I retired early at 60 and live on a low income by cooking my meals, shopping second-hand, using the library, UA-cam for entertainment and taking advantage of discounts on rates, etc. It can be done and the peace of mind is bliss.
Very nice. Peace of mind is indeed blissful.
UA-cam is way better than stupid Netflix, here you can learn way more
>
57 for me, now 72.
After ten years of retirement and zero earned income, I compared my net worth with what it had been at the time I retired, after I had been living off of it for ten years.
In that ten year period, it had DOUBLED!
Another effect of frugality.
@@SeattlePioneer Congrats. If I may ask, then, in broad strokes, what has been your fund allocation? And, any changes in the allocation going into the rest of 2022, ‘23? Thanks, in advance.
@@directionofease
>
I don't buy7 funds, except in retirement accounts -- and then they are broad inclusive funds.
Generally, I', a buy 'n hold investor. Some stocks I've held for thirty years or more. I'm a value investor
, looking for cheap PE ratios, generally. That's not always a good idea --- growth stocks can pay off big time. Or go broke, like my Washington Mutual stock.
I like company DRIPS, dividend reinvestment plans, which generally will not only automatically reinvest dividends, but also allow option cash investments ----you can send in a check any time and buy more stock at low cost.
Circa 1979 when I began investing, the Dow Jones Average had been bouncing around between 700-1000 for YEARS. Now it's at 32,000 ----not including dividends paid over the decades.
I started buying stocks in 1979 when I hired into a utility company as a clerk. I was the only hourly employee who0 had a stock broker! None among the supervisors or managers either ----"Stocks! They're too RISKY!"
I did have a couple of company vice presidents come around to ask me what I was buying though. THEY seemed to think it was a good idea. It was.
There was a common lunchroom where all the employee sat ---informally segregated by status. I was always the only person with a copy of the Wall Street Journal open, and reading it.
It was interesting to consider how people spent their money, and the consequences of the decisions people made about it.
This video is awesome, and more people need to hear this. I came to the EXACT same conclusion at the age of 32. it took about 5 years to fully implement a frugal lifestyle... I saved up and bought a studio apartment in Malmö, Sweden. My total expense is now 180$ per month (this incl. heat, water, electricity, TV, internet and insurance), my total food consumption is around 150$, and then I have 60$ student loan, 9$ cellservice plan. With some transport cost I end up slightly below 500$ per month (total). This has allowed me to breath, to seek out my passion of video game development, I have become a better person, I have time for contemplation, for introspective thought, I have time to become a better person. to be present, to be a good friend, uncle, brother, lover... you name it.. being frugal is the ultimate life hack that very few know of.
And you are very fortunate to have government health insurance, which otherwise would be costly! 💸
So your total expense is 500$, not 180$
How much did the apartment cost, were you able to buy it in cash?
@@SpiritusMundi4EVER personally I think we need a healthcare system like Australia's. Out of all the places we've lived, both my parents agree that theirs was the best.
This is amazing! Very encouraging brother, consistency and contentment And self control is key! 🙏🏼❤️ God bless you
I like your quote: “When you save you buy back your freedom” nice ❤ BTW my spouse and I aren’t “cheap” we refer to ourselves as “fiscally responsible” ❤
Reason #8 being rich is a state of mind. Not having a toxic ego that makes you think youre better than someone else because you have nicer stuff! Excellent point
"When you save, you are giving to your future self. When you are taking on debt, you are stealing from your future self." Priceless❣️
I need to put this on my wall 😢 cuts so deep with how true this is. Personal experience: worse if you got in debt due to trusting the wrong ppl and listening to the wrong ppl
Truth ! It's the truth that hurts !
Totally agree! And your future self will thank you if you make smart choices. ❤
Don't save money. Invest it.
@@pryme5837 🤑
I am 39 this year and starting being frugal and happy. I don't really have the urge to connect to brands anymore.
This is an older video but wow it speaks to my issues. I’m great at saving on slightly larger purchases ($50+) but boy oh boy it’s those smaller little things that eat away at my reserves. “10,000 $1.00 purchases” are where I hit the danger zone. Great food for thought, thank you!
You are SO wise! At 72 years of age, I’ve learned that a roof over your head, food on the table, and loving friends and family are all you’ll ever need. Life can be simple. Embrace it. Gratitude is the oxygen of life 🙏
So true❤️
My mantra! Totally agree!
Plus I'd need my favourite Toyota, and Honda models parked in my garage.... LoL
Well said
Don't forget a TV and a video game system
Folks make fun of me for being frugal and kind of a minimalist. What they don't realize is, I don't have any debt, no credit cards, no worries and no problems. I have 2 annual and 2 monthly bills and a very very large financial cushion. When I need to go somewhere I take an Uber. I live a full, happy meaningful life and I sleep well at night. I just subscribed to this channel.
Frugality and minimalism are a little different I believe. I’m not cheap,but, I don’t like buying anything I won’t foresee using and despise clutter. Minimalism works for me. Empty space is easier to maintain and doesn’t have that depressing clutter effect in your home or apartment.
Buying a house was one of the worse decisions I ever made I worked to pay off the mortgage only to sell the house at a loss. I rent now and have no worries about the upkeep of the place and property. If the A/C system breaks I call the landlord and if the response is quick. I’m saving a good deal of money every month and am now financially independent. I buy used cars, go to second hand shops for my clothes and am very selective in my grocery shopping. Take the time to save a dime is good advice.
We live in Calgary and it's way cheaper to pay a mortgage than renting, Plus landlords are vultures.
lmao
@@MHdollrevievs yeah, I just inherited a mortgage free house. Still have to pay property taxes and other. But it may equal about the same, for way more space, far less rules and control and I’ll have something to sell, if/when I need, as I get older. Been stuck in this apartment for all my life actually. No investment at all. My neighbor did the opposite. She’s been home since before the pandemic. Now she’s back to work. May have to do with out of control rent, since they’re really tacking it on, all across the country now.
9 out of 10 times getting a mortgage is way smarter (where i live which fortunately isn't the us). it really depends on area you can't objectively say one is better than another
@@MrRagnarxx always has been. Problem is, it’s becoming increasingly difficult to live anywhere, because of all the financial games being played, for the express purpose of getting people out of where they live and into lesser digs, for ridiculous amounts of money, to live on top of each other or in a tent.
While I know it could be how an algorithm affects my online personal accounts, I am being bombarded with advertising for obtaining Refis and HELOCs and I think that part of the reason why, is because these places are not in the lending business. They’re in the home acquisition business, waiting quietly for a financial slip up, so they can snatch your home. The whole “use your home equity thing has gone viral. People are doing it and some of them are finding they will ultimately have $0 equity.
Stay in an apartment and they’ll just keep raising the rent, until you can’t get keep up. I’ve seen elderly people leave, 3 times, because what else are they going to do, even if they have nowhere to go. Only one of those elderly was “lucky”, because she was found dead of pneumonia, 2 months before she was about to be evicted.
Your story is inspiring. I’m 40 trying to achieve this goal you achieved. Share some tips please so others can actually learn.
1: Plan with a Financial Advisor . 2: Be frugal and minimal on spending (don’t buy what you don’t need). 3: Save and invest money towards retirement (Roth IRA/401k) 4: Save to(Invest) it’s a proven way to get richer very important to financial success.
I’m 50 and my husband's 54 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle in the stock market made it possible for us this early even till now we earn weekly. Thanks to FIRE movement.
@JosephineGaule Great job with your husband! I bet you’re living your best life right now.
@@JosephineGaule What’s fire please?
@@Lorre386 FIRE means Financial Independence Retire Early . It’s been a movement teaching people financial independent and how to retire debt free through solid investment and frugal lifestyle
You are so right. People think frugality means you can't live. In fact you live better on frugality. I chose a 100K condo versus 200k. I"m on the last 3 payments. Took me less than 2.5 years to pay my 15-year mortgage. Next, it's 30 percent of take home pay into retirement. I don't make alot. But what I do bring home I make it count.
That’s awesome! I’m under contract to buy the condo I’ve been renting for my children and me the last two years, and I’m trying to figure out how to increase my income so I can pay off the note in 4 years. 🙏
Good for you! You must make a pretty good amount to be putting $4k/month towards housing though
@@villain275 just because the condo is 100k doesn't mean 100k was financed. Saving money and putting a down payment is an option.
@@lugnut6981 ohh duhh, i dont know why i didnt think of that lol, that makes more sense. Thank you
Nice !
I adore Austin Williams. I may be 63 and retired, but this young man is very knowledgeable. I would like to share something, if I may. When I was 20 years old my mother made me a homemade twin quilt from rags which had taken many hours to make. Of all the good things that life has offered me, owning that quilt that cost her nothing financially still touches my heart that she gave her precious time to make me something that I still cherish.
It must be like you are getting a kiss goodnight from your loving Mum after all these years. I think I'm going to make one for my boy. Thank you for sharing that.
@@denisescally7090 Your boy will be grateful and happy.
Thats beautiful.
@@hilarygibson3150 I was literally going to write "That's beautiful" but I see you beat me to it.😻
so simple isn't it. lol you can't possible wealthy if you spend all your money and even more crazy you borrow more money to spend or even more crazy work overtime to make more money to spend them all off. dan lol
I've always been into collecting things. Lots of things. One day I just looked around and started to see how I had all this stuff stashed away here and there with the thought that one day I'd have somewhere to put it or display it. I thought about it and none of the stuff really brought me any joy. I wanted the stuff and thought it was cool but what do you do with it when you have it ? Nothing.
Over the last year, I started selling the last 20 years of collectibles on ebay. I had no idea when I started but I have thousands and thousands of dollars in junk sitting around my house.
So not only do I have the money from the stuff I sold but I have the money I WOULD have spent on more stuff. I basically made triple my normal salary this last year.
And it's so freeing to see all that stuff leave my house. I have shelf space again.
Same here, when I was younger I’d collect all sorts of collectable stuff, about 15 years ago I moved abroad and sold off most of what I had and just kept my favourites, moving country taught me to be cut back on stuff, it also taught me how to live frugally and to save.
I now have a cabinet in my living room which displays the remaining items that still spark joy.
Wow
All of my collectibles were gifts. I used a small portion of the small amount of money my dad left me to buy a beautiful China cabinet to put it in. I light the kitchen with the cabinet each night, and my cats and I have ambience and comfort as I enjoy the items given to me on display. Beyond that, most of my "art" consists of framed family photos. I do go out to eat a couple of times a month, but the rest of the month I cook at home. I shop at Aldi's and discount stores for necessities. For entertainment, I watch UA-cam for free, read one of my many books acquired over the years, many of them for .25 cents or .50 cents at library sales, or crochet. I also find ways to get yarn for very cheap. I make gifts for my nieces and nephews, and little blankets and fun play runners for my cats. I also have a lot of VHS tapes acquired free and cheaply over the years, listen to Christian radio and on Saturday nights there's a free 3-hour blues show my friend hosts on NPR. The church I attend regularly has free music events built into the services and at after service events. I stay busy without spending big bucks. Then when I want to spend money on concert tickets, I've got the $$.
Great story!
That is the plot of the 40 Year Old Virgin 😂 He meets his future wife and she sells all of his collectible junk on ebay! Good for you on having a declutter, I had a similar realisation about having too much stuff a few years ago and have been decluttering and practising no buy/low buy ever since.
want vs need.
I like this very much. Both my Ex and my friend were in the banking industry. They said YOU HAVE TO HAVE DEBT! I didn't even know HOW to GET INTO DEBT! I have an OK credit score because I DO buy used cars, I don't buy things on credit, and I don't like buying 'things'! Too much clutter. But according to the bank peeps.... CREDIT SCORE IS EVERYTHING, and you have to get into debt to have the credit score.
The whole thing is a scam! I don't have BAD credit, but it's not spectacular either.
All I know is, if you need a loan from a bank, they only give it to you, if you DON'T NEED IT!
I like frugal. I like minimalism. My favorite restaurant is MY HOUSE. I don't care about keeping up with the kardashians LOL! 😎 good stuff here!
👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👍🏻👍🏻👍🏻!
As the stoics said “ Rich isn’t the man who has a lot of money, but the man who has few needs”. I totally concur.
Anyone who's rich will tell you, you need to spend money to make money. No one has ever become wealthy by saving a couple thousands of bucks every year. The average american with a college degree will make about 2 million throughout his/her life. I'm not sure in what economy you think you live in but 1 million is not rich, by any standard. Not to mention in 20 years time 1 million dollars will be worth half what it's worth today, just because of inflation.
Do the math, even if you starved yourself and stopped going out for years on end, you would not become wealthy by saving unless you're making a lot of money in the first place and even then, what's the point of being rich when you're old and crippled? What are you going to do with that money once you're old? Leave it to your kids? Life is shorter than you think, you're saving money for a day that might never come and if you become ill or disabled that money is going to disappear in the blink of an eye.
Mind you, i'm not saying people should waste money needlessly but you're kidding yourself if you think being frugal is going to guarantee you a comfortable lifestyle in some far flung future. My advice for young people is spend as much money as you can on your education and don't forget to live once in a while, because trust me...time flies.
You need to do research on how compound interest works. $100 a month starting at 20years old will be over 1M at retirement with a 10% return. Save more and you’ll GREATLY increase that. The earlier you start investing the better. It can be done by anyone! It’s not about what you make. Its about what you save.
@BMXtremeACC how do you recommend investing that? I just started in crypto this year but always nervous about the risk and never know what would be best, stocks? Need a book.
Also just wanna say that's a great quote.
@@AdamConstantine I started saving over 150 a month in 1997 in a 401k. I've got about 60 grand so I don't know where your getting that from about a million dolars
@@distantraveller9876 Even if you are not rich you need to spend money to make money and people who are not rich would say so too.
There are people trying to maintain a small business or start one and it takes a lot of investment.
Furthermore it is AS IF the person in the video is saying that since he hates to work he will get around it by being frugal thus he need not work a lot since he does not have to buy much. Maybe, but on the longer term that will probably result in a lot of disadvantages. That is also like attempting to save your youth and energy and able-bodied-ness for a later time when you will need it more but as you grow older aging alone will mean you will become weaker and prone to certain illnesses. Of course some people are genetically different and will grow old with fewer or no age-related medical problems, but in general, you can expect to get slower and not be able to tolerate a lot of hard work as when you are young. Studying and working hard while young is the best way to do things unless maybe you are born with severe disabilities and I have heard of people with disabilities who create and run businesses and spend their time working using a computer and phone to get a lot done.
It is indeed very hard to have enough money throughout your life or even anytime in your life merely by saving money. Probably very very few people have done it in the greater scheme of things. I actually believe in being frugal. Don't get me wrong but it is strange reasoning that some "Man" is trying to make you feel that you must own a lot of possessions and it is something to fight against.
You need not buy into the societal idea of trying to be stylish. Practicality is the way to go and it is important to find some career that will help you advance economically . I have known older people who grew up and were young adults in the 1940s or 1930s or 1920s and they worked and saved as was typical of their generation but when they got much older and were retired they did not have enough money and could not move out of a horrible apartment as they could not afford a higher rent and the cost of living was much higher than they ever imagined when they were young people starting out in the world decades ago. A certain older generation was not prepared for what came to be . Those of us who grew up anytime after the 1960s have come to know that inflation gets way ahead of our incomes. We all need plan to pay much more for everything when we are much older. It is erring on the side of safety.
It’s not one $10,000 decision. It’s ten thousand $1 decisions….so powerful!
Great wisdom here. 2024 is the year I rediscover my inate frugality due to my intention to save more towards my pension. In my twenties, when I had a much smaller salary than I do now, I was SO frugal! It was just the norm back then. But I've really let it slide over the years and developed some bad, lazy, short-term habits. Wish me Luck! 😊❤
Somehow this showed up when I launched UA-cam today morning. I've been frugal for more than 15 years. I am cheap but I do spend money on organic produce, cook wild caught fish for my dog, buy good quality food. Eat at home 95% and probably once a week with a budget of $20 to eat out at restaurant of my choice. I don't have a coffee table, of whatsoever. Consumerism is a disease
An acquaintance of mine once said "if you don't want the bills, don't have them." Simple, and we have this control to a major extent.
I think one has to differentiate between essential things and unnecessary bills. For example, I personally spend too little money on my personal diet due to not having the financial recourses at the moment and frankly, even while being a very frugal individual, this sort of sacrifice only goes so far.
Some bills simply need to be covered at a comfortable level, while everything exceeding this somewhat personal minimum is a negotiable luxury and this is imo. relevant because we live on an age where this kind of minimum is actually quite a heated topic that exceeds personal philosophy and self discipline and enters the realm of politics all over the globe.
Without trying to sound alarmist, AI & robotics will reshape the possibility of many people to earn a living an consequently, while I entirely agree with the benefits of frugality, I think it’s important to not become to comfortable right now since it’s up to all of us to ensure that the future ends up being a better place and that our societies do not stagnate or even partially deteriorate.
so i should go live in a cave?
Like that. Someone else said, 'I have money to blow because I don't blow money.'
Your time for yourself is excellent!
Thank you Austin!! You are so spot on with your content and you are also a great communicator!! Thank you.
I was a hungry kid and that always stuck with me, the main benefit of frugality is knowing that you will always eat. I haven't had many things, but I always have healthy food.
I haven’t always been frugal. But with what we seem to be headed for 😳🤯.
I’ve stocked up on about 1 years food now.
I live like that...I'm happy to buy anything from thrift stores but I buy organic best quality food I can possibly afford.
I've been frugal since the age of 11, when my mum told me I'm on my own in life to fend for myself. I started a daily paper round, then another, then worked full time & saved enough to pay off my first house completely age 25.
Since then I've only bought what I need in life, to fulfil my needs. Never ever needed to borrowed money because I've always saved.
Many years later this has resulted in freedom to do what I want, whenever I want & way before retirement age.
We all have options, it's up to the individual.
Mama taught you well❤
So happy about you. Learn about compounding interest also. Very important
11 is very young to fend for yourself but youve done well
@@anntunaley9974
It sure was/is, unfortunately my mother was hard & didn't poses motherly love. Still, I knew no different & so it's how it was. In hindsight, yes I missed out on love & care, but it's made me very independent & responsibile from a young age.
Thanks for your comment.
What a powerful message with an even more powerful delivery. This is a great video, top tier!!!
This really hit home. I really needed to hear this. Thank you, Austin.
I'm 54 & work in a Gas Station. Every word you spoke is loaded with truth & wisdom. My father taught me at a very early age , the more thing's you own the more thing's own you. Keeping up with the Joneses is draining. Income is what you save not what you make. I love your topic , it's much needed in 🇺🇸.
Thanks!!!
Plp000lp
income is what tou save not what you earn. I will steal this saying and use it everyday
I work at a gas station also and can't stop scratching lottery tickets
@@Talk-Hub omg, me too! It’s great isn’t it 😀
Amen TO BEING FRUGAL
i am 22 currently & i worked 3 jobs for 3 years and managed to save 60k invested 20. I am currently taking 1 year off to study online and figure out what i really want to do.
I have no car i just Uber and bike everywhere
And i dont spend money on clothes own 15 plain black t shirts and 8 Pairs of pants 🤷🏻♂️
My dream currently is to buy a Tiny home and work remotely
My tip is
Learn how to cook healthy good tasting food my favorite food is panda express so if i crave it i wont stop my self from buying it
Good luck on your journey!!
Nice bro i wish im like u
Love your vision Bro good luck
well done!!!! You should have more likes. $60,000 is not easy to save
Wear same clothes. Less laundry. Laundry takes all your time and energy. Day after day. None stop.
This is gold. And this is exactly how I picture life. Thanks for the visualization.
Wow!! Best video yet!! Thank you!!
When he mentions the bit about going to out to eat was considered a special occasion, and now that he makes more money going out to eat all the time loses that "special occasion" status and becomes the "norm"--that really spoke to me because eating out is my number one problem and as much as I try to give my social circle a push back on it because I'm trying to limit going out, they tend to insist and I have to constantly repeat myself as to why I won't go and it's so frustrating sometimes. Lately, I just don't respond and move on about it because I refuse to give in. In truth, I just want to stay focused on my goals, but friends make it hard when they're not at your level so I fear pretty soon my friendships will start to dissipate and well, I'm going to have to be okay with that. Otherwise, I'll never reach my goals.
Drop those friends no one will lend u cash when u broke
Agree re friends. But being social doesent have to and shouldnt involve going out. Cook at each others houses. Drink at each others houses. But then again i am the stage of giving up drink a cos i feel better and b cos its cheaper. But i am the stage were water will do me. A real bore. Frugal. But it feels right to me or more to the point it does not make me unhappy. More the social awkwardness that makes me unhappy. But that is mostly in my head but it is there.
I’m going through the same thing. I’m going to move to the countryside though so everything will be further away. It won’t be feasible to go out all the time.
Here is a tip when you go out with these friends. Just order a water and say you are not hungry. Especially if they insist on you going and as a friend. Once they are done usually there is extra food or stuff they don't finish at that point you snack on the scraps or extra, and you spend $0.00 if this upsets your friends than you could probably find better friends that are more frugal. I used to do this in high school and college some of my friends would call me cheap but I was the one saving the my money and basically getting left over food cheap. Also I would go to every college event I could which offered free food. Usually stuff was going on every day or every other day. Saved me a ton of money
When you’re broke those friends won’t pay your bills.
"The more we do it, the less we think it as a treat but a norm" It never crossed my mind about that. Yes, it becomes less special but common thing.
There is absolutely no way I could have finished undergrad without taking on student loan debt. I had zero financial help from my parents. I worked two jobs and had a scholarship, but it was not nearly enough to cover in-state tuition at the public university I attended, rent, and other school expenses. My mom used to mail her ebt card to me once a month so I could get groceries. I wasn’t taking that loan money and my $7 something an hour jobs to party every weekend. I was using it to barely scrape by. I think you made a lot of excellent points, but graduating without debt was 100% impossible for me.
think of the debt as an investment, One can still live frugal, pay off the debt and accumulate cash for future freedom
I believe you. A higher education and bettering skills is a good thing.
@TravisMcMurray probably for most people too.,
I'm glad YT recommended your video. New subscriber here! I am frugal and everything that you mentioned made a lot of sense! Thank you!💖😃
I’ve learned to be content with less. As long as I have the basics food, clothing, shelter and a decent car that gets me from point A to B I’m content. I’m rich not because I have a lot of money but because myself and my children are healthy and have a relationship with the Lord 🙏🏼❤️🥰
Thank you Austin loved your video 🙂
That’s right sister. Only one life to live will soon be past. Only what’s done for Christ will last.
@@loveofyahweh9660 all glory be to God who sustains us 🙏🏼♥️ 🕊 stay blessed 😇
And now all you need is a man, And, here I am.
Amen to that Mrs Garcia
@@johnboy6594 blessed is he who waits on the Lord 🙏🏼💜🕊
I couldn't agree more with all of this! Especially "I don't like working."
Just found your channel and I must say that this message resonates with me so deeply. Just subbed.
Your latest video sent me here, and I’m so excited for this journey! I’m 37 and am shifting my perspective on finances overall. Your videos are extremely helpful, thank you!
Possibly one of the best, smartest and refreshing things I’ve seen on UA-cam. “Staring at a screen all day is not reality “ soooo true!
From France, EXCELLENT !!! This video perfectly sum up all the pillars I have learned in the past few years. I am now saving 50% of my revenue and investing 1 500€ a month!
Thank you for waking me up. I already knew what I needed to do but wasn't doing it.
Yes I agree about being frugal, but not cheap. .. After my kids were grown, i realized that i was using very few things & areas in my home & downsized. Now my purchases center around being portable & having simplicity in my life. I found a New Hobby = 'Investing', which is Incredibly Fun. .. first time seeing your videos 👍
Online stock trading helped me pay off most of my credit card debt and it gives me something to do during the day since I am retired.
Hi, A Z. I find the same thing: and I enjoy my simple life now that I'm retired.
@@deeandrews7051 and @A Z, I have the same question as above... I’m also interested in investing, can you point us in a good direction for trustworthy information and how to get started on our own? Much appreciated!
Heard this saying years ago, "Its not how much you make, its how much you keep." Kudos to you for living frugally!
but you keep none of it when you die . the government gets it all
Very true!
@@DMagnifyScentlady dont have much do not miss much want kids have it one day
@@tracysmith245 that ‘s how I was raised!
But we have a concrete house, we ate 3x a day, i went to college( but coupled with scholarship). The only thing we didnt have have was a car not until one of my siblings went abroad. My parents lived in frugality but had everything and they were really industrious and what they earn for the year will be spent the following year esp our rice products.
They sell our products the smartest way and saved much!
Thats my saying to...
Your doing a fantastic job Austin, I am on this journey with you as well from London.
That was amazing ! Great advice, I’m going to live by it, thank you for sharing
I'm totally with you on that. I hung up my consumerism hat at 36, expatriated to France and changed my life forever. Now at 68, I'm retired, own a house, am debt free and have a good pension. Best decision I ever made in my life.
Sounds heavenly.
Isn't owning a house in France consumerism though?
@@cuteopiax1259 everyone needs somewhere to live
@@cuteopiax1259 well, I have to live somewhere. A cave is a little too minamilist. :-D
Bravo Kathleen !
F ing legend man, my frugal breakdown was when I realized the anticipation and purchase gave me more pleasure than the thing itself.
Dopamine from the anticipation. One of the reasons why online shopping is massive.
Well said, brother. Thanks for organizing the main reasons in a concise video. It'll do so good for the right people.
Hey I needed this. I will save everything I can. And you’re right, the less you do “luxuries” the less special they become. Thanks hermano
I remember years ago shopping frivolously and getting that “high”. As soon as I’d walk out of the store I felt horrible. Now I feel content and at peace with zero debt. It feels “dirty” to spend money unnecessarily.
Exactly i also feel as if i have sinned greatly buying anything except grocery .. so left it totally to never feel that bad again
That’s why you have an issue. It’s not dirty to spend money. Go get some help
@@katemiller7874 Right. It’s dirty to spend money you don’t have.
@@tbunnyshy1 Certainly that, and money that you are likely to need profoundly more at a future time.
I know this feeling too well. Shopping for me was filling that temporary void for my depression, unhappiness, and self esteem. It was HUGE MISTAKE that I regretted and am now paying the debt for. My debt is currently under consolidation and is being paid down. But it hurt my credit and my finances tremendously and left me with a closet full of "stuff" i never needed.This emotional shopping addiction has finally been ended for good and I'm slowly building my life all over again.
I'm debt free and mortgage free. Im able to save and invest 68% of my net income. If you ain't rich, being debt free is the next best thing.
💯
Thank you so much for this insightful video! Your practical tips and thoughtful advice have truly inspired me to adopt a more mindful and intentional approach to my spending habits. Your clear explanations and relatable examples make the journey towards a more frugal lifestyle seem not only achievable but also enjoyable.
Great vid! And I like the way you deliver it too. Very authentic and real. Well done my friend. Keep it up👍🏻✌🏻
You’re like a revelation. At 45 I was starting to think like this, but watching you has just made me reach the end of this journey. New clothes aren’t making me feel better as I get order or is the new iPhone or a bigger tv. I’m starting to enjoy saving. I’m still a slave to two screens for 9 hours a day though. That won’t change for the next 23 years.
I just turned 44 and i get it. We are just working backward now to our original wisdom. I am enough. God's grace is sufficient. It truly is all a mirage of grasping.
You can change your life today if you really wanted. The only thing holding you back is fear... the real problem is not consumerism but FEAR..and they make you fearful every damn day
100%. Well said. I have a friend who criticizes my frugality. I think its funny because I'm a debt free multi-millionaire and he is on the hampster wheel in corporate sales with hundreds of thousands of dollars in debt. I just shrug.
If you were a real friend you help him after that teach him your ways
@@katemiller7874 very judgemental of you to assume that he/she has not tried to inform the friend. Critism usually tends to mean, people have been given information, that they tend to not put any value on.
People fail financially because they get into so much debt!
I believe in balance. Too far on any spectrum isn't healthy. Don't forget to show kindness and generosity to others and enjoy life. You can't take all that money with you in the end 😉
Brilliant video. So much resonated with me. I've never understood how so many people are so willing to get themselves into debt cycles, and have so much stuff they don't need. A house with more bedrooms and a brand new car instead of a second-hand one and I retire five years later? Sign me up 🤦♂️
"@no_soy_rubio" Yes but on the other hand why get a new printer when you can get an old one or keep the old one you have?. The thing is that with newer technology older items will no longer work and there won't be replacement parts for them. You can keep and use your old camera from the 1940s but you will find it hard to find film for it and it will be hard for you to get the film developed unless you know how to do it yourself.
I subscribed when you said 'I don't really like working', got me there!
It is strange that spending less can increase happiness. I've been on the path for 20 years. I had no intention of spending less. I was a software engineer in San Jose CA so it's not like I had to spend less. It started by just being so upset dealing with some company....maybe cable TV (I forget). Just so mad I thought "Why do I even have this service? It was supposed to be for entertainment, enjoyment and dealing with this company is pissing me off." So I cancelled it. Thought I'd be really unhappy losing that thing...but I got a little happier. WTF??? So I looked around for another company I maybe didn't need. One by one they fell.
For the past 15 years my total spend has been $600/mo. I get people think that's impossible. That's fine. Here's the insane part...I'm not really even trying to spend a low amount. It's all come from "Do I really want to do that?" I really don't like going into a store and dealing with people there. Thankfully self-check out for food is widely available and works well so that's nice.
I stopped working for a salary 20 years ago at 45. Initially I was just taking off to work on my own software project and planned to go back to work when my cash ran out. Figure 6-12 months. But with spending going down I never had to go back to a salary. I still wrote code, love it. But I pick my projects and the biggest thing has been a lack of deadlines. It's not the work, it's the deadlines.
I do own my central Phoenix home so $100/mo property tax is my only housing cost. I self-insure. My income has been near $0 for 20 years which trigger me qualifying for Medicaid which I loved (now Medicare Part B is covered plus $0 copay, $0 deductible). That triggered LifeLine (free smartphone and plan). Now I can get free high speed internet at home. Sweet.
Not being married is a huge savings too.
«Not being married is a huge savings too» 😂😅 How you enjoy your life?
I am also very frugal. I am a woman. I color my hair every month by myself, because I have white hair. I do my manicure by myself, I am baying only discount clothes. I did most remodeling in my house by myself. I cook everyday twice for my family of four people at home. But I can spend sometime for steak in restaurant $60 or go to vacation in Europe and it makes me happy.
@@nuralshyn2254 I really enjoy reading this, Nur. Because of your savings, you can indulge in what really makes you happy. Once in bad weather, I ordered a pizza as a treat and the fellow who delivered it was cold and wet and had holes in his shoes. I gave a large tip, not to tell you this to beep my own horn, but another good thing about being frugal is helping others and that even if it just happens every now and then was powerful to me.
Impressive. Very impressive.
The way you describe it.. especially the last sentence not being married it's a huge savings too.. looks like you are living an isolating life.... I don't think that's a happy life.....at least you have a dog, Cat? or you think that also not having animals helps the"Savings"?😂😂...i wouldn't regret all the euros i have given for my furry loves , domestic and homeless ever....i have regretted buying make up from Channel and Yv Saint Laurent... but for the love of bonding with humans and animals sorry mister... but we are HUMANS living in an endless Universe.
We need relationships with other Humans, animals and mother earth.
There's 'no saving on that".
@@daviddean6032 what happened to the"cold pizza"? did you gave it at least to the neighborhood cats or did you threw it?.... saving also means to be grateful there's food and to never waste it.
A lot of homeless animals don't have anything to eat while so many people throw food at their garbage without second thought.
This is bang on the money. This guy is so right. I've cut down, and cut out so much unnecessary stuff out of my life, and I miss none of it. I've learnt to appreciate the simpler life, and I love it.
I appreciate it, Nellie!
I miss none too.
@@ElAgustin thank u for much wisdom.
I am from India. I grew up in upper middle class family as my dad had a high paying government job and we have a small family of four. My dad was extremely frugal so despite being born in abundance we always forced to suppress our desires and lived by very little means. But My dad provided me and my brother every needs, good food & best education. While growing up I was always resentful. I used to compare my life with my friends who were living their dreamy lives. With those savings my dad helped so many needy people in his life and created a good wealth also. Now I am in early 30s I can’t be more grateful for everything he taught me and all the moral values he incorporated within me. I am not super rich but I am very content with my life. I live a minimalist frugal life and enjoy my freedom. I love travelling and helping animals♥️
I do marathons with your videos man. So educational. You create such valuable content. Salute!
I'm with you. It's not being cheap to control where your money goes & not waste it. I grew up thinking that waste is a sin! It seems to me that the rest of the world is about being a throw away society. Buy, buy, buy use it for a while then throw it away... Treating possessions like single use plastic bags. Thanks for this video!
Doug R, Your spot on with people treating possessions like single use plastic bags. Always chasing stuff, yet not valuing it. Its as if they're searching for somthing to give life meaning. Whatever it is they're not going to find it on Amazon. Take care and stay safe.
I agree with you, Doug.
My Father especially didn’t play that wasting stuff either!
Life is not long enough to clutter it with the pursuit of stuff. I like your strategy, and it makes sense provided it doesn’t dictate the outcome of your life. I was careful with money most of my life, and managed to retire years before 65, but the most important decision I made without a doubt, was the woman I chose to marry. It’s been an incredible journey making a life together. Neither of us were ever materialistic, but meeting each other backpacking in Europe in our early twenties, meant we probably had certain values in common, and not wanting lots of stuff was one of them.
Impressive life!!!!
I learnt a new word today “Frugal” and I am proud that it describes me the best 🤝
This video took all the words out of my mouth. I shared this with my daughters etc. thanks for making this video.
Teacher - "Do what you like doing and you'll never work a day in your life"
Me - "I like relaxing at home and living my life modestly"
Teacher - *NO NOT LIKE THAT*
Excellent advice. I am frugal also. Freedom is very important. I was able to cut back to a part time job early in life and completely retire from work at 62. I am not rich and don’t want to work again. So many people I know will have to work till they drop because of huge debts. They are truly owned by the “Man “. Thanks for the video.
That was an honest and very brave piece of advice. Thanks
What you said about appreciatio is so true. I couldn't agree more. Great vid.. Cheers.
Right on! Life is so much simpler and stress free when you have zero debt. The system is set up for you to be making payments until the day they bury you. Don't let them win, you can beat them at their own game.
I stayed 30 years in a dumpy little house but it was twice as good as the even dumpier one I grew up in. By the time we got ready to leave we had the money to buy it outright due to our "frugality." I am thrifty and my husband can squeeze a nickel until it bleeds. Our final bigger retirement house is only twice as big as the dumpy one. We had tons of stuff left to us too from grandparents and parents, talk about lucky. Of course, I took care of them so...ok. I love where we live now it's so quiet and safe and the rich people that live out here put the most fantastic stuff on their curbs. I had a formal living room to fill up and omgoodness, I have found a phone table, a side buffet, mix matched outdoor patio stuff ( I painted it all the same color to match ) and I could go on and on. No one knows we are not wealthy born like most of the people around here. We are not planning to go twice as big again tho. It's like having a mortgage to pay taxes and insurance on this thing. I wish I had known as a poor kid that one day I'd have a pantry, more than one bathroom and an indoor laundry.
Priceless 🤣🤣🤣🤣🤣
A big yes to being thrifty too 😄
Great story!
Simple but hugely powerful.
Thank you for reaffirming the Frugal Living Concept🎉
Whoa! I needed this! Thank you❣️😘🙏