Things I don't buy anymore (as a multi-millionaire)

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  • Опубліковано 23 січ 2025

КОМЕНТАРІ • 2,3 тис.

  • @Abundantiaco
    @Abundantiaco  3 роки тому +125

    How may of these things do you still spend a considerable amount of money on?
    Use the code UA-cam at checkout to get 20% off our financial freedom course and membership: jointheorder.co/
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    • @elainecordova
      @elainecordova 3 роки тому +2

      Blockfi link isnt working :(

    • @kristinapaxton9686
      @kristinapaxton9686 3 роки тому

      Skincare, transport, postage for my small business.

    • @AdityaSingh-tk6et
      @AdityaSingh-tk6et 3 роки тому +6

      The only thing worth spending on is healthcare, rest will just cost you interest and produce nothing.

    • @SeekDaTruth
      @SeekDaTruth 3 роки тому +3

      I am new to your channel. I absolutely love your videos. You talk sooo much sense! I have already recommended it to a few people i care about.

    • @brodygalletti
      @brodygalletti 3 роки тому

      Does the 'Get up to $250 in free BTC on deposits over $100:' only apply once

  • @yoanperez172
    @yoanperez172 3 роки тому +4063

    It's funny how everyone think that being rich is having expensive stuff.
    For me being rich is being able to have free time and not being a slave to your work.

    • @LLShiningOtter
      @LLShiningOtter 3 роки тому +49

      Yes yes yes

    • @bogdy72000
      @bogdy72000 3 роки тому +79

      thinking like this makes you a lot richer

    • @equivocal_n_gnoself
      @equivocal_n_gnoself 3 роки тому +10

      THIS!!!

    • @danutahanyga4834
      @danutahanyga4834 3 роки тому +43

      True. I was most surprised when my wealthy friend said one day that soon he'd be able to buy himself a color tv. This was in mid-nineties. Everyone had colour tv. He went from the old-style square black and white straight to flat-screen LCD. His cars and there weren't many, 3 over 30 year period were all second hand. Before he bought his own apartment, he would rent a comfortable-sized apartment and share it with somebody else. His father was a self-made millionaire (immigrant).
      It did take me some time to understand.

    • @minagrah
      @minagrah 3 роки тому +13

      That's my dream.

  • @brucejohnson1264
    @brucejohnson1264 2 роки тому +384

    I've been around awhile (I'm 56). Over my life I have learned that everything you own, owns a piece if you. Even if you have the money, it takes time, thought, and emotional and mental effort just to own something.Eventually, many people get to the point where they have such a big house, cars, boats, RVs, camping equipment, hobbies, vacation properties, etc. that all of their energy is spent trying to maintain it all, and they have no energy left for what really matters.

    • @davidmatthews9088
      @davidmatthews9088 2 роки тому +7

      I spoke to a multimillionaire once. I was worth a fraction of him but I said that the richer I got the unhappier I got and that I planned to give some of the wealth away. He said he’d heard that before. I never met him again but I did give one of my houses. Admittedly I gave it to my partner who had two of my children. Im not stupid. At least that £230,000 was out of my hands.

    • @yvonneb-t3d
      @yvonneb-t3d 2 роки тому +6

      I'm 61 and couldn't agree more, owning less is so liberating.

    • @Seneric
      @Seneric 2 роки тому +4

      Im curious to know what you think it is that matters then.
      Because those things you mentioned, like, say for instance hobbies, or vacation properties are usually things you utilise with friends for fun and enjoyment.
      If those are not things that matter, then i dont know what is.

    • @fowchiiiliedpuppiesdied
      @fowchiiiliedpuppiesdied 2 роки тому

      @@davidmatthews9088 but it isn’t about the money as much as it is about what you do with it, how mentally prepared you are for it, why you want it, and what you expect from it. If you expect happiness, from indulgences, very clearly, no. But if you want money, to give yourself more freedom, to help others feel freer, it is a dream. It isn’t the money, it is the intent. This is the problem with Bill Gates, Mark Zuckerberg, Klaus, Bezos, et al. Bill Gates has moderate autism, Zuckerberg and Bezos have A more high functioning form of Autism. As is common with autism, there are areas of exceptional intelligence, and areas of equally deficient intelligence. The deficiencies lie in emotional regulation, understanding social and emotional cues, and nuanced reasoning. These deficiencies do not lend themselves well to adaptation, flexibility, or the management of one’s own emotions or the emotions of others. These are not the people who should, objectively, be in charge of humans, en masse, or even on a small scale, as a manager. These are not where their strengths lie. They are projecting their frustrations with aspects of themselves, that do not improve, despite the power and degree of control they yield, and, the biologically emotionally immature way they cope with this frustration, they project, almost obsessively, onto the world, having no natural grasp of the devastating consequences on others. They need this explained to them, in a way they can understand. Clearly this is not occurring.

    • @divx1001
      @divx1001 2 роки тому +6

      ​@@Seneric it's not about enjoying vacation and your family though. He was talking about owning all those things. If you have the money to spare, maybe renting is a better idea. I know for sure that owning a Ferrari would be a stupid idea too. Once you own things, you have to maintain them and while the money doesnt have to be a problem for rich people, owning anything takes away your precious time. Just owning two houses and two cars means you'll be spending a chunk of your time maintaining them, filing taxes for them, gathering documents and making sure to not lose them etc etc. It's freaking tiring and hiring people to manage it all could also not work out well.

  • @chloeb5752
    @chloeb5752 3 роки тому +2042

    I agree with everything except the eating out part. I live in Italy and if you know where to go, a good restaurant with quality food, why would I deprive myself? Especially in these times, restaurant owners have been really struggling, I feel good to eat out and help my local restaurant community.

    • @aprilshamel
      @aprilshamel 3 роки тому +89

      I guess it depends on the quality of restaurants that we go to. There are so many great places to eat in my town, I can't imagine not enjoying restaurants.

    • @banzy5387
      @banzy5387 3 роки тому +79

      I was about to type the same thing and then I saw your comment. I live in the US, but I live in a small area where there are so many family owned restaurants or single women that own their own small restaurants in my town. Of course the quality is way better than the other big chain restaurants. I love to cook, but I feel good when I am financially able to support them during these hard times.

    • @veryconfused9768
      @veryconfused9768 3 роки тому +25

      I also think so. A lot of food requires ingredients to buy. And after cooking at home once or twice they go bad. Those ingredients go bad and your cost of it all is way more than when you ate out. Just to make this one dish I have to buy so many things and sometimes even utensils. I think it's better to eat out those kind of things ,plus to learn to better cook one has to eat it first

    • @y.peffle2802
      @y.peffle2802 3 роки тому +45

      If it's just you ok then... but I have a family. Taking out 5 people adds up really quick. We buy high quality food and cook it ourselves

    • @jaylewis9876
      @jaylewis9876 3 роки тому +16

      Yes living in a city with lots of great choices to eat out is part of the motivation for having higher income. When in debt this needs to be a rare treat. I doubt I would want to do every meal out every day even if I had billions, but one meal every other day might be a good life

  • @md61211
    @md61211 2 роки тому +435

    I once read
    "FASHION is what everyone else is doing, STYLE is what you do"
    I loved the individualism aspect of that.

    • @Josji22
      @Josji22 2 роки тому +2

      Oh wauw. I will remember this one. Thx!

    • @bentonrp
      @bentonrp 2 роки тому +1

      Fashion is trying to be what style is.
      ...I dunno, I kinda like your quote better though. :)

    • @md61211
      @md61211 2 роки тому +1

      @@bentonrp
      And I like your one better

    • @bentonrp
      @bentonrp 2 роки тому

      @@md61211 Oh yeah? Well, I like YOU better!
      ...
      ...um...
      ...Who's the king of unrequitted love now, huh? 😃

    • @md61211
      @md61211 2 роки тому +1

      @@bentonrp
      Oh, ha ha ha ha ha ha ha
      Am literally chuckling to myself here. A fairly loud chuckle.

  • @KO-dz2zj
    @KO-dz2zj 2 роки тому +194

    To me being rich, which I'm not... means having freedom to do the things I would want! Money is a tool to enable freedom.

    • @MyTwell
      @MyTwell 2 роки тому +2

      This part.

    • @cameliapacheco2649
      @cameliapacheco2649 2 роки тому

      What are the things you want to do?

    • @MrJosh5191
      @MrJosh5191 2 роки тому +1

      When money means freedom then earning it means being a slave

    • @yarpenzigrin1893
      @yarpenzigrin1893 2 роки тому +2

      I'm not rich. But I still could TASTE what being rich is like this year. For the first time in my life I went on a road trip around Europe this year. It was amazing, living free and whitnessing the most epic views. And it wasn't that expensive, which was the biggest surprise. Try it because it made my drive for making passive income so much stronger.

    • @cuteopiax1259
      @cuteopiax1259 2 роки тому +1

      I did the whole travel the world thing when I was young and felt the freedom, but after many big trips life got boring again. (It's very difficult to do that now due to the covid bullshit, vaccines, hassle and costs). It was hard to know, after that, what I wanted from life. I settled for a small house, a boring job and a child. My child is now nearly grown and I have to work out what I want now. I have no idea.

  • @mariusyasha
    @mariusyasha 3 роки тому +368

    If I ever decide to be a "millionaire" and even become one, I think I will do something for the community.
    examples :
    I buy land and plant fruit trees.
    Buy books and build a library.
    Build housing (eco if possible) with cheap rent for students / PhD students / or something like that.
    Invest in studies for free energy, and create devices for free power supply to the localities.
    Invest in making the land less fruitful, into fruitful land.
    Invest in (organic) farming in nature.

    • @naturally.eccentric
      @naturally.eccentric 3 роки тому +30

      Need a lot more than a million

    • @marianaortega7096
      @marianaortega7096 3 роки тому +22

      one thing I think should be added is to change the public education system, teach kids real life skills, how to cook real food, how to sew, how to manage their emotions etc if cant petition or fund for this to happen everywhere maybe just build 1 school where it does in hopes that it will catch on

    • @maxsheng8215
      @maxsheng8215 3 роки тому +5

      Hmm chances r u probably won't be rich. All those things r money pits.

    • @mariusyasha
      @mariusyasha 3 роки тому +15

      @@maxsheng8215 Depends what you want to do in life. You want to ”have”, or you want to ”be”? Imagine yourself on the last days of your life and you are thiking what you have done with your life. If you are aware that you are not gonna live forever, than you will find soon what you want to do and how. If I can help people, I will do it, If I will be rich, maybe I can help more people with more money. Also there are differend kind of riches. You can be rich in relationships, in knowledge , in happiness and joy, in awareness and moments when you are present, you can be rich in beautiful feelings and more...

    • @neliaferreira9983
      @neliaferreira9983 3 роки тому +17

      I am not rich, only my own single salary, and yet I rescue and rehabilitate animals. I simply don't spend money elsewhere (anywhere I can avoid spending it), so that I use it instead on their medical bills (I live in Europe).
      NOONE needs to HAVE money at all to be a decent human being and contribute to the world. Just go outside into the woods, and plant seeds. There. Offer your services for free (like help a neighbour paint their house). Exchange clothes with friends instead of buying. Etc.

  • @feldthausen
    @feldthausen 3 роки тому +281

    I lowkey expected this video to make me feel like shit about myself, but it had the opposite effect. Your openness and grounded energy make financial success feel like a real possibility. Thank you!

    • @mayraz5625
      @mayraz5625 3 роки тому +10

      Same! I came expecting to be offended but now I’m inspired ☺️

    • @ninjacrumbs
      @ninjacrumbs 2 роки тому +1

      No doubt, eh? I was already to lash out, but then I thought "hey, that`s pretty much what I would do."

    • @MichL_71
      @MichL_71 2 роки тому

      I thought it was a bit cringy. Good enough advice, but the "I'm a millionaire" vibe was 🙄

  • @jennypham3699
    @jennypham3699 3 роки тому +80

    I'm 41. When I grow up; I want to be just like you. This present state is so depressing and the struggle is so constant and frustrating.

    • @maonzedong7931
      @maonzedong7931 2 роки тому +4

      I will be 41 in a few months and I will leave the richest country in the world, where nobody can afford anything anymore to go live on the Azores and start over.

    • @woudgy
      @woudgy 2 роки тому

      @@maonzedong7931 what are you going to do there for a living?

  • @joewhitt4026
    @joewhitt4026 2 роки тому +84

    This woman is what a real strong independent woman looks like. I hope she gets a huge following to spread this valuable information to women and men everywhere.

  • @XUrbanSimsX
    @XUrbanSimsX 2 роки тому +47

    Let me tell you, how BADLY i needed this video. I loved learning what its like to have a millionaire minset and i can feel that shift within myself and watching this video just confirmed it. Thankyou for all the wonderful tips!

    • @miriambaio5468
      @miriambaio5468 2 роки тому

      How did you learn? Is there something you recommend actively doing?

  • @ChristianaSenibo
    @ChristianaSenibo 3 роки тому +117

    It's such a good feeling to watch your money grow and spend it on those things that bring you joy.

  • @joeykenney
    @joeykenney 3 роки тому +212

    Feel you on the food tip. Bad energy in = bad energy out. Also love the idea of financial minimalism and not being locked down by your spending habits, material consumption and just amassing stuff you don’t need just cause you can afford it. Freedom shouldn’t be sacrificed for any of that stuff!

    • @Abundantiaco
      @Abundantiaco  3 роки тому +31

      Food is fuel! Bad food, is bad fuel. So many people wonder why they can't focus or prosper, yet never think about what they put in their body.

    • @nicole11823
      @nicole11823 2 роки тому +1

      Exactly Joey! Material things are just distractions from what is really important in life. I would much rather have objects and things that I actually use and are beneficial, than just be a hoarder or wasteful

    • @Jewelmind
      @Jewelmind 2 роки тому +1

      I agree, a lot of the food is not really good as well. For me I feel disappointed

  • @L_Jan_Turner
    @L_Jan_Turner 3 роки тому +588

    Like the saying, "History repeats itself." Not wanting a lot of junk was my and others hippy philosophy in the 60s. I'm glad it's coming back.

    • @karmicsoul4444
      @karmicsoul4444 3 роки тому +27

      People used to laugh at the hippies for their veganism and alternative lifestyle. Now theyre laughing back.......

    • @gorgeousguerilla
      @gorgeousguerilla 3 роки тому +7

      There is no other option in the world you left for us to live in ;)

    • @Portia620
      @Portia620 3 роки тому +8

      I have friends that own five and six Christmas trees and I’m thinking one is enough for me

    • @jaegrant6441
      @jaegrant6441 3 роки тому +9

      @@Portia620 Christmas itself is turning into a holiday in consumerism anyway. And Easter is a celebration of literal money (cocoa beans)

    • @justaguy8218
      @justaguy8218 3 роки тому +5

      Not only that, but when you lose those things, and then realize you don't miss them at all, how important could they have been? I would like to have a nicer car than I have, but not super expensive. I need a powerful computer for my work, and I think quality furniture and clothes are important, because it lasts. However, expensive and quality aren't the same thing.

  • @claratackla
    @claratackla 2 роки тому +66

    Honestly, if I was a multi-millionaire and I could work remotely I'd be travelling in a van 24/7... I feel this in my soul lol
    I've always wanted a big house but I took a course about finances and the teacher (Nathalia Arcuri) asked "what are your values?" And my first one was freedom... And she asked "what do you want ~as goals? and that matches with your values?" ~like, when you want to travel most of the year, would that be coherent to have a big house that you'd be spending a lot of money and not using it...? AND THAT BLEW MY MIND!!! Why would I want a big house if I want to travel the world??
    But I'm going to say this much: I do want to have not a big house, but a nice sized "land" to rescue animals and grow my own food lol
    Anyway, I'm not a multi-millionaire (YET) but I loved your video! thank you!

    • @Holistretch
      @Holistretch 2 роки тому +1

      Maybe you could own a couple of little houses to travel between and airbnb when you’re gone! ☺️

    • @beckypetersen2680
      @beckypetersen2680 2 роки тому +2

      Each to his/her own. Travel with a family is a pain. Been there, done that. The kids get to where they just want to "go home to their room". And mom also. There is a group of people who have made travel seem like a big 'high' - of constant wonders. It's really not true. There are hours and hours of drudgery between those moments of wonder at the scenery. The near misses on the road, the stomach issues where there is no bathroom around, the trouble with the law because you didn't know something was required of you because you didn't speak the language and there was no information....I am fascinated by the number of young people who think that 'travel is the end all' - but that is how it is - until you do it. When my husband had gold status one year for the airline we are - his response was, "All it means is that I'm not not home enough."

    • @claratackla
      @claratackla 2 роки тому +2

      @@beckypetersen2680 I agree! I don't even have a boyfriend. So that's why I said if I had money I'd do that 😃

  • @cottreda
    @cottreda 2 роки тому +2

    You touched on something really important. In ANY endeavor or acquisition, there is maintenance. There is maintenance in relationships. There is maintenance in our businesses, social capital, you name it. And it is the single most overlooked aspect of 'cost' in our lives. Always consider maintenance when entering into anything.

  • @jennyp4934
    @jennyp4934 3 роки тому +147

    I enjoyed this. I've got a disability, so I'm on a disability pension and have worked part-time probably for only about 15 years and often on very minimal wages.. But I've been able to buy my own home, it's very humble but I love it and I've paid it off. I also have a car, it's about 15 years old but it runs like a dream. I see people who have about double my income and struggling and I don't understand it. I really think budgeting should be part of our schooling.
    Even though I think I've done well, there's always something we can learn to help us in a monetary way.

    • @ladyjade6446
      @ladyjade6446 2 роки тому +2

      So we tax payers have bought you your home and car.

    • @jennyp4934
      @jennyp4934 2 роки тому +30

      @@ladyjade6446 I guess that's one way to look at it, but I am disabled and have serious health issues. I worked as hard as I could and as much as I could to support myself.
      But I can see that getting benefits from the government might offend others.
      Every year I worked I did pay tax, but I appreciate that others would have paid much more.
      I'm about to turn 61 and working is just not possible now as my health issues have become quite serious.
      I live alone and have no family that can help me, so I tried to do the best I could with the circumstances I had.

    • @Kungfu_Kompost
      @Kungfu_Kompost 2 роки тому +39

      Most people I know wouldn't survive on government payments and working part-time. I also know people who are constantly working and buying things above their means and are so deeply endebtted. Well done taking responsibility to manage your wealth and succeeding in doing so. Don't let anyone make you feel guilty for using taxpayer money. Big businesses and government employees do it all the time.

    • @jennyp4934
      @jennyp4934 2 роки тому +13

      @@Kungfu_Kompost thank you for your encouragement.

    • @zebarizvi9393
      @zebarizvi9393 2 роки тому +14

      Jenny, I don't know you but i am so proud of you. You are doing great. No, you being on assistance when you HAD TO be 'coz of your physical condition shouldn't offend anyone and if it does we need to evolve more.

  • @shardulparab1111
    @shardulparab1111 3 роки тому +45

    Long story short live stoic , live free, live happy is key to be millionaire

    • @Abundantiaco
      @Abundantiaco  3 роки тому +4

      AGREED!

    • @Jtheantagonist
      @Jtheantagonist 3 роки тому +1

      But whats the point of being rich if you going to live like a homeless person?

    • @shardulparab1111
      @shardulparab1111 3 роки тому +3

      @@Jtheantagonist it says live like stoic not hermit, stoic living is consume only that you truly want don't be the slave of anything including consumption.

  • @thomasmorrison3279
    @thomasmorrison3279 3 роки тому +23

    Great video. My wife and I are millionaires and do very similar things to you. We buy used cars, pay cash for services and are trying to eat better.

  • @donimate
    @donimate 2 роки тому +5

    I've been watching a number of your videos recently. What I've liked is, how conscious and aware you are of what's going on in the world, and the way you articulate it. In this video I see how grounded and down to earth you are, it's amazing, keep it up!

  • @Jonathan-cl8uk
    @Jonathan-cl8uk 2 роки тому

    Thanks!

  • @millepattes76
    @millepattes76 3 роки тому +26

    Big houses, eating out often, latest trend outfits, brand new cars... I share a lot of your opinions on these. Happiness must be somewhere else. All of these are short term "happiness boosters". Really enjoy starting my day with your goood energy! Thank you!

    • @sidehustlelife3721
      @sidehustlelife3721 2 роки тому +2

      Nothing is short term about a big house filled with loving family. Each person is different, but I personally see the social aspects of a big family and the financial security you can other members of the family with lower incomes a real gem. Travelling is great, but enabling others to enjoy life and travel with you is a real honour.

  • @forever3797
    @forever3797 3 роки тому +93

    The point about eating out is splendid! I stopped eating out years ago simply because none of the restaurants (of any price range) had environments which were 1) truly relaxed, 2) quiet, 3) conducive to creating intimacy with friends or dates, 4) conducive to even talking and 5) non pretentious = relaxed. I noticed that many people who eat at such places are drinking alcohol which as a sedative is great for desensitizing to what I have just mentioned. Additionally most of these places are not inclusive to people who are at the beginning stages of their life. Even cafe's seem terrified to refrain from playing noisy music for fear of there being no 'vibe'. Even if I'm ever a multi billionaire, getting a quality take-way or picnic and eating it somewhere outdoors and beautiful, where I can actually have a truly connective moment with family and friends is priceless.

    • @henrik4438
      @henrik4438 3 роки тому +5

      Sounds like you live in the wrong country for eating out

    • @annarocha3254
      @annarocha3254 3 роки тому +5

      Huh. I don't drink and I love eating out with my family. I have no desire to be rich. I do have a desire to be wise with my money spend it on things that truly give me joy when it is prudent to do so. :)

    • @AB-tb7bt
      @AB-tb7bt 3 роки тому +3

      I have no idea where you’re eating out, but what you’re saying doesn’t apply everywhere for sure.

    • @raya7256
      @raya7256 3 роки тому +5

      My first impression on ANY American restaurant was - goodness, why is it so loud and everyone is yelling to hear each other?! 😱

    • @kasiazdrojewska3616
      @kasiazdrojewska3616 2 роки тому

      Wow, you live in some true hell then O_o' Or just alcoholic neighbourhood XD

  • @Leeofthestorm
    @Leeofthestorm 3 роки тому +42

    I lived in my van for three !years, knuckling down and working a lot of extra hours, saving rent in a very high rental market to put the down payment on 40 acres in the Rocky Mountains. I had it parked in a laneway driveway in a friend's back yard for the last half of that, so I even had electrical hook-ups! I rode my bike(s) pretty much everywhere in that city, so the van was mostly stationary. It was one of the best times of my life: having such a solid goal and minimalizing everything. I put money into a city-wide recreation center pass (where I could swim, work out, and use sauna's, steam rooms, and hot tubs, and some even had libraries)[the rec centers served me as my living room], my bicycles, a kayak club pass, and good quality food. I ate sushi (one of my fave foods and reasonably healthy) as my primary takeout when I wanted to splurge. There is a lot of good advice in this video and on this channel. I feel that my success (though not anywhere near where Sorelle's is) came from creating small achievable goals that headed toward a longer-term larger goal or target.

    • @vtheb1299
      @vtheb1299 3 роки тому +2

      But what was your address? Like how do you get a registration and a driver's license, a bank account, and all kinds of docs if you don't have an address?

    • @yellowdressbookstore6602
      @yellowdressbookstore6602 3 роки тому

      Where is this city wide rec pass?

    • @janae2077
      @janae2077 3 роки тому +1

      @@vtheb1299 you can get a PO Box, or have a trusted friend/relative allow you to use their address to receive mail.

    • @vtheb1299
      @vtheb1299 3 роки тому

      @@janae2077 for mail yes but not for your address at the city, where you get your driver's license etc, nor at the bank...

    • @personwhoexists8684
      @personwhoexists8684 2 роки тому

      @@vtheb1299 PO box/friends obviously haha

  • @coffeelvnwmn8706
    @coffeelvnwmn8706 2 роки тому +8

    I now thank God, that I grew up lacking a lot of stuff, and after my mom passed... ALL the stuff she hoarded throughout the years, caused me to be overwhelmed and I had a mini anxiety attack!!!
    All of this has taught me to be content w/what I have, and believe me, I've DOWNSIZED and has made my life easier.

  • @waza987
    @waza987 2 роки тому +11

    I always thought I would never buy a new car because of the immediate value loss. But in the middle of Covid lockdowns when I suddenly need another car, the used car market had so few choices and recent cars were often more expensive than new due to shortages it actually turned out to be the best option.

    • @adriancliton9706
      @adriancliton9706 2 роки тому

      It was for me. Certified preowned cost just as much as new. Most decent used cars are just as expensive

    • @BrianBower
      @BrianBower 2 роки тому +1

      I really thought I'd buy used too because of this mindset but the reality when going to the dealership was much different. Bought new with no regrets. Financially it makes sense of what is said and when it works out, it is good. I had a used car for years but these days, the market has some issues. With cars, you're likely making payments and or fixing it later generally speaking. Pick your poison. If you live in a place where you don't need one, save your money.

  • @QuanTheAlchemist
    @QuanTheAlchemist 3 роки тому +323

    Honestly, I feel you. The more wealth that I attain, the less that I buy. 😂

    • @Abundantiaco
      @Abundantiaco  3 роки тому +17

      Yep, feels like that sometimes.

    • @BOULDERGEEK
      @BOULDERGEEK 3 роки тому +22

      I was buying all sorts of crap off Amazon and elsewhere when I was miserable in my middle class corporate hellscape.
      I used the dopamine hit from senseless cosumerism because I hated my work and the diminishment of my life that paycheck to paycheck living produced. I sold all of my properties, invested well, and downsized. Far more content.

    • @jennesimser
      @jennesimser 2 роки тому +8

      Yeah, cuz you’ve already bought all the things you need. At some point you run out of things to “need”.

    • @personwhoexists8684
      @personwhoexists8684 2 роки тому +3

      that would make sense yes? after a certain point you run out of shit, like to buy no?

    • @personwhoexists8684
      @personwhoexists8684 2 роки тому

      oh, some one alreayd suggested that exact thing lol. weird

  • @byrdonian8365
    @byrdonian8365 3 роки тому +51

    I would like to throw out that I bought a brand new 2020 car in February of 2020... for about $33,000. The trade-in value of it is now $36,000-$39,000 with private party value being more. Just here to justify my purchase lol. It was a HUGE decision for me as I had struggled as a single mom buying and constantly fixing cheaper used vehicles (and trying to get to work/school/daycare with the cars in the shop frequently!). I swear I am saving money and most importantly saving STRESS. I happened to get lucky that my car has not depreciated yet.
    I also live somewhere by the sea where salt water and salted roads in the winter rust cars out quickly. I got the undercarriage coating when I bought it (it was always too late for the used vehicles) and I just feel wonderful about my splurge.
    Otherwise, I really agree with Sorelle's financial tips and am happy to take her advice!

    • @clintfalk
      @clintfalk 3 роки тому +11

      The reason your car hasn't depreciated is because of the shortage of vehicles at this time, and the high price for preowned vehicles at this time. Two years ago, you would have lost 20% of the value of your car in the first year. I doubt that will ever happen again.

    • @byrdonian8365
      @byrdonian8365 3 роки тому +5

      @@clintfalk Right, I got pretty lucky. Still, I would consider it a good investment even with depreciation.
      Southeast Alaska is incredibly isolated and rugged. I have no time or money for car problems.

    • @byrdonian8365
      @byrdonian8365 3 роки тому +1

      @@ThePaintPartySociety Knowing that proper maintenance was done and putting intention into picking the exact car you need is just so reassuring.
      I always felt like I was just taking what I could get when buying used. We’re extremely isolated in Southeast Alaska and don’t have many good used vehicles available.

    • @monkeymindfrance8356
      @monkeymindfrance8356 3 роки тому +1

      @@byrdonian8365
      here i go again doing my white knight shit...
      from a pure financial point of view, your purchase was a bad decision and still is.
      The explanation of DoubleEspresszo is accurate but what he didn't say is that, the shortage of car also affect the used cars market where car's prices jumped from 10% to 20% too.
      So in the absolute, everybody who already owned a car prior the shortage got lucky too.
      In the relative, you made more money, but you spend more money too.
      And when cars will start to depreciate, you will loose a big sum too.
      My opinion, just the opinion of a asshole is that, you sell your car as long as the market is high, and it hasn't loose any value.
      Take the amount, go and buy a 3-4 years old car, from a brand like toyota, lexus, honda or acura from someone who has buy it new, treated it from salted water/weather like you did with yours, and well maintained it.
      You will save at least 20 000 and have no stress for the next 10 years.

    • @byrdonian8365
      @byrdonian8365 3 роки тому +3

      @@monkeymindfrance8356 Well I don’t understand that logic considering a 2018 Toyota RAV4 hybrid with 5 times as many miles runs for $33,900… slightly more than what I paid for the 2020 version. Not to mention the cost of barging a vehicle from the lower 48 to my isolated town in SE Alaska…. The cost of flying somewhere to inspect the vehicle (flight, housing, rental car) it just doesn’t make sense. I also haven’t had to pay for any maintenance yet since they’re included in my purchase. I have had almost 8 visits to the dealer and have another 2 left. 🤷‍♀️
      I think we’ll have to agree to disagree. If I lived somewhere connected to the rest of the country by a simple drive I would have had more options for sure.

  • @tonysimi5763
    @tonysimi5763 3 роки тому +47

    The more things you own the more time you spend caring for things!

    • @AG-iw8oo
      @AG-iw8oo 3 роки тому +3

      Sooo true!!!!!

    • @Jewelmind
      @Jewelmind 2 роки тому +1

      Yes, or trashing them slowly

  • @RalucaIrimie
    @RalucaIrimie 3 роки тому +20

    You're amazing! I am a minimalist by choice, and it makes me quite happy. I try to teach my children how to think about money. It's gonna be much more different for these youngsters.
    So nice to see you with so much energy! 🤗💝

  • @vicp8772
    @vicp8772 2 роки тому +1

    Of all my fav teachers, Sorelle, ur becoming my fav. Great smile. Cheers from Canada.

  • @KatHood
    @KatHood 3 роки тому +38

    I love how, when you take away the limitation of “but I can’t afford that”, you get to really think about and edit your life to suit you. Listening to you talk about buying second hand really warmed my heart as it’s so rewarding to find something different and unique. Have fun in the van :)

    • @LivingtheSprings
      @LivingtheSprings 3 роки тому +5

      That's awesome! It's all mindset 💯 🙌🏼

    • @neliaferreira9983
      @neliaferreira9983 3 роки тому +3

      So many wonderful things in life are not up for purchase, right? ❤
      Sure we need money to pay for rent and gasoline and such. But we can live in a smaller house, we can walk/cycle instead with a backpack of groceries and exercise that way and skip the paid walking-machines at the gym. We can ask friends with hobbies (like carpentry or cooking or pet-loving) to make something for us, and exchange favours and strengthen friendship. Etc etc.
      I am not rich at all, I moved by myself recently and was so afraid of lacking money. And yet! I am simplifying my life so much and it is freeing!

    • @kasiazdrojewska3616
      @kasiazdrojewska3616 2 роки тому +3

      Yeah, it's all about matching your needs and style.. My mom sometimes buys a new Michael Kors or Deni Cler bag or glasses cause she likes them and knows they'll be well done, but sometimes meanders the second-hand shops to snatch some 2$ dress and then is much happier about the dress :D On the other hand I hate those shops, me and dad always enter a shop with a game plan and intend to never spend more than 5 minutes per each item we need, also, I do shop multiple items - eg. if I find black jeans that fit me well I take at least 2-3 to not enter the shop for few years XD

  • @leonapeplouw4892
    @leonapeplouw4892 3 роки тому +35

    Im from South Africa, so called previously disadvantaged. I read a lot, attend courses, invest in learning which has enabled me to quit my job early. Im still learning & growing. Many "poor" people here stuck in their situations. Your values make so much sense to me & also the reason why i decided to pack up as the slavery.mindset was getting to me. The freedom is much more valuable to.me than chasing things & impressing others. Love this content. Thank You!

  • @aligned4good
    @aligned4good 3 роки тому +10

    I love your message! I am going to forward it to my daughter….I am very much like you when it comes to eating healthy, not following trends and investing in things that matter. I am on my way to freeing myself from most of my possessions that don’t serve me. I only buy second hand and only if I need it. Thank you for sharing your message.

  • @TheScion777
    @TheScion777 2 роки тому +3

    Wonderfully narrated. If all millionaires could be like you..❤

  • @walterpsotka278
    @walterpsotka278 2 роки тому

    You are delightful ! Positive, upbeat and certainly truthful !

  • @LaraMuzio
    @LaraMuzio 3 роки тому +47

    AGREEEE!!!
    I don't even remember the last time I bought a new piece of clothing from an actual shop. I love second hand and I'm deep into decluttering my space (and my mind as well).
    Food is something I will never be cheap with, I value my health too much! Since 2018 I have been learning more and more about real nutrition and I can't wait to start my practice and help people redefining their relationship with food and become free!
    I've never bought a car and the only thing on wheels I'll buy is actually a van, but then I'll use to live in it and travel, renting my house out (hence the decluttering...)

    • @intentionalliving7326
      @intentionalliving7326 3 роки тому +2

      That is so awesome! Go for it sistah ☀️

    • @gearsNtools
      @gearsNtools 3 роки тому +3

      I buy new clothing but I wear them out! I think my clothing budget is under $400/ year. and a big chunk of that is probably running shoes. I'm sure my neighbors think I look like a poor person but I don't care.

  • @AdityaSingh-tk6et
    @AdityaSingh-tk6et 3 роки тому +37

    I started investing in the market 3 yrs ago when I was in 9th grade. It was very hard to fight the impulse of buying toys and games, but I always thought: If I buy something useless my money is gone forever, but if I invest, even with a loss I may not lose all of it, and if it appreciates then I just get more money by doing nothing. Soon I realised that my money in market has an interest on it. If I pull that money out, it stops growing.

    • @krysiunia
      @krysiunia 3 роки тому +5

      Amazing that you’re starting so young! You’re well on your way to an early retirement. Compound interest is on your side. Just don’t sacrifice quality time with friends, family and hobbies. 😊

  • @sharon5259
    @sharon5259 3 роки тому +4

    I really appreciate that you are using the platforms you have to speak about shit that actually matters and talking about finances etc in a grounded way. Thank You, Sorelle. You seem to be coming from a place of genuine authenticity and its refreshing AF. Keep it up ! 🌻

  • @everlyemily1797
    @everlyemily1797 2 роки тому +165

    This a great video, I learn alot watching your
    videos and it has been helpful to me. building
    steady income is quite difficult for newbies.
    Thanks to Mrs Sophia for improving my portfolio,
    keep up with good videos.

    • @ismailamohammedadams3044
      @ismailamohammedadams3044 2 роки тому

      she's really amazing with an amazing skills she changed my 0.3btc to 2.1btc

    • @greatffgyv
      @greatffgyv 2 роки тому

      She's obviously the best, I invested $3,000 and she made profit of $28,000 for me just in 15 days

    • @humphreygeo
      @humphreygeo 2 роки тому

      Sometimes I wonder if she's used magic power trade

    • @amyshirley6008
      @amyshirley6008 2 роки тому

      Who's this professional everyone is talking about I always see her post on top comment on every UA-cam video I watch

    • @amyshirley6008
      @amyshirley6008 2 роки тому

      I think I'm interested how can I get in touch with Mrs Sophia

  • @SuperheroArmorychannel
    @SuperheroArmorychannel 2 роки тому

    Wow! I just discovered your channel and subscribed. I’m a self maybe millionaire and haven’t had to work for 21 years and i live in my RV full time, eat organic and I’m frugal as hell, lol. My motto is that “if people can tell I’m a millionaire by observing my life then I’m doing something wrong”. For me wealth is about being free!

  • @PassionPno
    @PassionPno 3 роки тому +21

    Eating out in my tiny Asian country is far cheaper than cooking our own food! We also have plenty of healthy options.

    • @aleencaeli
      @aleencaeli 3 роки тому +3

      That's o.o really lucky. Not the case for where I live XD

    • @PassionPno
      @PassionPno 3 роки тому

      @Steph2020 Jane Yeah, and have snakes, monitor lizards and monkeys as uninvited guests everyday? No thanks.

  • @DemetriPanici
    @DemetriPanici 3 роки тому +55

    I was going through old episodes of The Ground Up Show by Matt D'Avella and saw you were on his podcast! It was by far one of my favorite episodes!

  • @Stacy_Sunshine
    @Stacy_Sunshine 3 роки тому +25

    beyond anything else... those overalls! OMG, they are so freaking adorable! Almost everything I get is second hand, because once anyone used it, it's not brand new anyway... ;) Been upcycling the wardrobe by putting some sewing skills to use. My wardrobe is becoming so much more interesting and unique and way more fun!

  • @Last_of_my_breed
    @Last_of_my_breed 2 роки тому +1

    Most people don't "go out to eat" for entertainment but rather convenience, either they don't want to cook or can't or just to save time.

  • @Danygotaworldtosee
    @Danygotaworldtosee 2 роки тому

    Great Video Sorelle!!

  • @bumblebee803
    @bumblebee803 3 роки тому +23

    I stopped buying technology. My last laptop lasted me 15 years, and it still works.

    • @Chahlie
      @Chahlie 3 роки тому +2

      Every truly wealthy person I know uses a flip phone.... Both privacy and security, as well as not wasting money. We have computers at home for the financial stuff :)

    • @bumblebee803
      @bumblebee803 3 роки тому +2

      @@Chahlie Funny you should say that, I had a flip phone for over 10 years, until 5g came in and made it obsolete. I would have still kept it if it weren't for it not working any more. I concur with what you are saying.

    • @nGAhGENVH0Ul
      @nGAhGENVH0Ul 3 роки тому +4

      Bullshit, it would be too slow to even browse the internet.

    • @Duke_of_Prunes
      @Duke_of_Prunes 3 роки тому

      That's one argument. I buy technology as needed, save the receipts, and deduct it from my taxes. But unnecessary upgrades, no.

    • @vtheb1299
      @vtheb1299 3 роки тому +1

      I've never bought a phone in my life. Always used hand-me-downs from family members who upgrade. They buy faster than I can use them, even with the occasional drop casualty 🤣

  • @IngridsVanlife
    @IngridsVanlife 3 роки тому +13

    I love cooking food myself! it's such a treat and always an entire experience. I have been "forced" to eat out on business trips in my career, which led me feeling lethargic and not in the best mood. I wasn't able to provide for my own health and take care of it. Cooking for me is a reminder of this and fills my heart with gratitude for being able to take care of myself in the very best way. Although growing your own veggies is next level.

    • @Chahlie
      @Chahlie 3 роки тому +3

      I've started taking photos of my meals :) As a single person who grows all my veg, it's way better and way cheaper than in a restaurant, and I always use my silver and crystal and make it a special occasion every time.

  • @jennacallahan1
    @jennacallahan1 3 роки тому +15

    I really love hearing about your lifestyle. As a (future) millionaire, I can relate to a lot of it. I don’t feel it will change my core values all too much. You are very inspiring, thanks for sharing!

  • @NicoleBernadette
    @NicoleBernadette 2 роки тому +1

    Sorelle!! I could listen to you talk forever, I love learning from you and seeing how you live your life as a multi-millionaire☺️

  • @angelofmercyxo
    @angelofmercyxo 2 роки тому +1

    I feel the eating out, in this college town there is nothing actually “healthy.” The places that open up and are healthy, don’t stay open long because of high cost and lower customers and it’s really sad 😔

  • @Alfred_the_doodler
    @Alfred_the_doodler 3 роки тому +6

    I been loving all your videos. Really like your energy around wealth, it’s so different from other wealthy ppl I heard before

  • @madeleinerose1356
    @madeleinerose1356 3 роки тому +4

    My friend and I always set a day or two aside when I visited for cooking a feast we would then enjoy over deep existential conversation. The whole thing was like a play, set in the kitchen, while we talked and only using what was in the cupboard, usually dried pulses and spices so each serving would only be worth pennies. We played the role of alchemists over the stove, intoxicated by the aromas of the cooking. All the senses came to life. I cherish those memories in the kitchen. A korma curry made with porridge oats was concocted once. We would both shudder at the very notion of restaurants.

  • @Gingerlocks35
    @Gingerlocks35 3 роки тому +6

    I have adopted a lot of these habits mentioned, I've become pretty decent at saving what money I have just haven't started investing as I'm really unsure where to even stick money. Dope video 👌

  • @willfarren
    @willfarren 2 роки тому +4

    Loved this video. I really didn’t eat out or use disposable things until I had kids and for them everything is prepared and sold that way now. Between that and how hard the first couple of years are as a parent the cycle of finding easier disposable ways of doing things penetrated my life too. Trying to make my way back to cooking, and buying better things and making them last for my own well being but also to pass that on.

  • @catherinebonanno6545
    @catherinebonanno6545 2 роки тому

    Very cute camper and great talk.
    You appear so happy and grateful.
    Cool necklace to.

  • @SynchroShakti
    @SynchroShakti 3 роки тому +181

    Hey Sorrelle!
    Absolutely adore your videos!
    I am also a high income individual who thinks just like you, and a lot of people wonder why I dont just splurge although I do for travel and learning opportunities but seeing you think this way has been so awesome!
    I wanted to understand, when you dont put your money in banks, how do you get your hands on debit/credit cards for swipe payments?

    • @amywalker7515
      @amywalker7515 3 роки тому +55

      Okay, so you amass a lot of money, never go anywhere or spend anything and one day you wake up and realize you spent your entire life pinching pennies and that your heirs will be the ones to enjoy the fruits of all our frugality. I had a great aunt who was worth a lot of money who wore the same dresses for decades, then sent them to her sister Blanche in Oklahoma. Every penny she spent was accounted for. So she had a stroke and suddenly died. One should use at least some of one's savings on experiencing life or what makes you happy.

    • @alicemakarevich6762
      @alicemakarevich6762 3 роки тому +66

      @@amywalker7515 the lady said she is willing to spend a lot on travel, doesn't that count as experiencing life?

    • @pirateslife4me
      @pirateslife4me 3 роки тому +25

      Ramit Sethi's book "I Will Teach You to be Rich" outlines a great philosophy of spending lavishly on the things/experiences that bring you the most joy and resisting spending on everything else. It makes a lot of sense to me, especially since I look at being frugal as a challenge/game! The whole idea is a great thought exercise

    • @yellowdressbookstore6602
      @yellowdressbookstore6602 3 роки тому +14

      @@alicemakarevich6762 Was just talking about this yesterday. Consumerism teaches us we need EVERYTHING!!! And the best of everything. And everything in every color. Then 2 of everything.
      When we buckle down to who our authentic self is - we only really splurge on a few things that we deeply enjoy.
      Everything else is just basic. :)
      When we are frugal & purchase basic items on 90 percent of our things/hobbies then splurge on 10 percent of our things it creates balance. The lessons & habits learned on one side transmit to the other
      Instead of buying that 25 dollar airport meal- we might eat before the flight and go for a $6 snack if needed.
      We might only go for a luxury hotel (if that is an enjoyment on your 10 percent splurge side) on a beach or mountain or somewhere we will be in the room for many hours to enjoy it then a $30 hostel elsewhere else we will only be in the room for sleep
      We might rent a luxury car for a few days instead of buying one , if your into cars
      You're savings will go much further. :)
      .
      Please don't hoard every penny. Live a little - with balance :)

    • @lajwantishahani1225
      @lajwantishahani1225 3 роки тому +11

      Money should be simply a mode of payment for things and experiences which truly enhance your life. Consumerism is an ego massage really but the other extreme of hoarding money for no reason seems to me the exact same thing. I spent on a decent house with large backyard for growing my own organic food. Spending to harvest green energy and clean water, buying an EV (if you can't use public transport), these are also good.

  • @element-alchemist8875
    @element-alchemist8875 3 роки тому +6

    “A Caretaker of Money”. Love that. 👍

  • @SharonBurc
    @SharonBurc 3 роки тому +6

    Great insight as always. I’m in my mid twenties and am ready to level up. I have the discipline now and am excited to make my financial literacy work for me in the long run. I appreciate you, Sorelle!

  • @sightinthedarktarot7807
    @sightinthedarktarot7807 3 роки тому

    Nice. Figuring out the individual puzzle pieces and mastering them is the fun process.

  • @aliettienne2907
    @aliettienne2907 2 роки тому

    I agree with everything you've said especially the big homes that have extra unnecessary rooms and space. But a small home to accommodate a small family is ideal. I also not a fan at all with trending fashion. I rather be unique than look the same with everyone else.

  • @funland108
    @funland108 3 роки тому +7

    I only buy new cars and keep them for 10 years. Buy something I really like and appreciate, that works for the business and that enhances my life. I had bad experiences with unreliable second hand cars - when you are hundreds of miles from home, out in the wilds late at night, you need something reliable!

  • @deb.e.9787
    @deb.e.9787 3 роки тому +5

    Agreed, on the eating out! Check check and check! I’m over people giving me confused look 👀 when I say how I feel about it.
    Awesome advice, awesome style Sorelle!

  • @wa5561
    @wa5561 3 роки тому +17

    250.000$ for a 4 bedroom house... WOW. In germany, I would need to pay roughly 450.000 to 700.000$ for this, depending on the size of the property/garden. The prices are astronomical here right now

    • @nehanarwade314
      @nehanarwade314 3 роки тому +2

      Netherlands is even worse. I'd pay like a million euro's

    • @valeriabalogh2122
      @valeriabalogh2122 3 роки тому

      We've got those prices here in Romania too. And the average salary here is like 500 euros.

    • @soulthriver-oz6470
      @soulthriver-oz6470 3 роки тому +1

      Try Sydney Australia
      A liveable renovated 4 bedroom house 2 million plus! Its outrageous

    • @boinkboinkboink
      @boinkboinkboink 3 роки тому

      Oh man try Vancouver Canada! Small one bedroom run down shacks are a million dollars here. A 4 bedroom would be millions and millions of dollars. It's messed up...

    • @angelavolkov1126
      @angelavolkov1126 3 роки тому

      In Australia, that would be 1.2 million US dollars...

  • @RepublicanImmigrant
    @RepublicanImmigrant 2 роки тому +1

    You're the sister I needed all my life. thanks for your great content.

  • @schrodingerscat1863
    @schrodingerscat1863 2 роки тому +1

    I have found that the more wealth I accumulated the more I disconnected from the consumerist world also. When you are enabled to buy more and more you can easily lose your head and the best way to avoid it is to down shift and actually live a far simpler life. I tend to look for value in the things I own now rather than owning things just for the sake of it. For me wealth is security and comfort with a less stressful lifestyle.

  • @DemetriPanici
    @DemetriPanici 3 роки тому +22

    That might be the most aesthetic van I've ever seen

  • @monode953
    @monode953 3 роки тому +27

    Food: I'm unemployed and cook the best food, usually something I reheat for several days, no packet crap!
    Fashion: Wear simple classics that never go out; White whirt, jeans, classic jumper etc.
    Eating Out: Used to do it, don't really miss it.
    Toys: I have 30+ guitars, I play 2!
    Big Home: I live in a 1935 house in Britain and the garden is massive, the rooms tiny, its freezing and rainy 9 months of the year - Id LOVE a bigger house!!!
    Car: Never learnt to drive
    Excess: "Only buy what is beautiful or practical." - William Morris

    • @jimjam623
      @jimjam623 3 роки тому +1

      Nice! Thanks for sharing the William Morris quote - never heard it before, but love his work. Speaking of which, there’s a great collection of it in Birmingham, UK for anyone interested.

  • @thegroundedcircle
    @thegroundedcircle 3 роки тому +6

    I love your style!!! No to fast fashion! Thanks for sharing these. Watching your videos are always part of the highlights of my days cause they are uplifting and giving me many good ideas x

  • @mysticzyoga
    @mysticzyoga 2 роки тому +1

    Choosing highly nutritional food really agrees with a "budget" mentality of making things work for you. Makes perfect sense as a neuronal network pattern as well as supporting your whole self as an ecosystem, (biological, physiological, emotional and so on.) Thumbs up and thank you for your videos.

  • @seany888svd
    @seany888svd 2 роки тому

    Only discovered this channel today, but what a brilliant find! Such a smart person, with great insight!
    Thanks for posting.

  • @BuddhistZenDave
    @BuddhistZenDave 3 роки тому +19

    Thanks you so much for being a sensible millionaire Sorelle. There's no greater reward then growing your own food.

  • @laurelsundbergstudio
    @laurelsundbergstudio 3 роки тому +5

    This was great Sorelle! Enjoying your new content. Thanks for your insights. We're currently working our way through remodeling our older home (ourselves) while working...not super fun, but we're excited at the prospect of being able to move to a location we enjoy more, downsizing, and (fingers crossed) do so with only a tiny mortgage or perhaps even mortgage-free. We share a lot of similar sentiments. My partner is hoping to make the jump out of corporate work...and we see downsizing our (not very big) older home as one of the main ways to do so.
    Love seeing your habitats that allow you to follow your OWN interesting path. Keep it up!

  • @ashtangalove1093
    @ashtangalove1093 3 роки тому +5

    I am 32 yo as well, not a millionaire, and most of my money goes into Manhattan rent. But I also live by those rules! I totally agree and love this video so much. Thanks Sorelle!

  • @ShelleyChapman
    @ShelleyChapman 2 роки тому +1

    “Being a millionaire is about being a caretaker of money” --> love that!

  • @mechanicjobs
    @mechanicjobs 2 роки тому

    This girl is super bright. She has figured many things out some never do. I am so glad I found this channel.

  • @cheyennevarela3991
    @cheyennevarela3991 3 роки тому +16

    Have always LOVED 2nd hand shopping! BUT, as someone living on the poverty line- please shop at consignment stores and NOT thrift stores if you have money. You can still enjoy the hunt without making thrift stores trendy and therefore unaffordable for people who love style or just need affordable high quality clothing. It's depressing to find thrift stores are now too expensive for me.

  • @lilithstorm7026
    @lilithstorm7026 3 роки тому +44

    I'm a massive foodie, so eating out for me (at healthy vegan restaurants) is really fun and exciting. Equally I love to cook. It's all about what makes YOU happy.

  • @IvySnowFillyVideos
    @IvySnowFillyVideos 3 роки тому +5

    Thank you for this video. I can agree on so many levels ❤
    Less liabilities, less headaches & live smart not fast

  • @matthewsemenuk8953
    @matthewsemenuk8953 2 роки тому +1

    I've always looked at my well to do parents, who had soo much stuff, and wondered why they enjoyed spending all their time maintaining all the stuff they had. Of course they made sure I helped them maintain all their stuff too because there is absolutely so much work to do maintaining all of it. The maintenance to-do list never ended. I always told them when they were thinking about buying new toys, I said, why not travel somewhere you'd enjoy using (that toy) and just rent those things there. I totally relate to this video 100% and it was just plain logical at a point to have already thought and acted the same ways as mentioned in this video.

  • @JessMN1974
    @JessMN1974 2 роки тому

    My dad was an auto mechanic and he pounded into my head that new cars were not worth it - you lose money the second you drive off the lot. I have kept that lesson my whole life (47 years and counting!) I also grew up in a very frugal family in general - eating out was extremely rare, half our yard was garden and we cooked food from scratch (no convenience foods), we shopped thrift stores and garage sales for clothes and household goods. I feel really lucky I learned these lessons early on and am passing them to my own daughter.

  • @julietannerino446
    @julietannerino446 3 роки тому +7

    Going out to my favorite French cafe is a treat for so many reasons...it's a social event, even if I go by myself because I know the staff and the other regulars. It's fun to see the international crowd of every race, age and style there speaking different languages. I live in LA though. If I lived in a rural or suburban area, I know this would be a different experience. I know quite a few people who are affluent also still enjoy going out to eat. And then there are those who prefer their van life with their hubby :)

  • @Duke_of_Prunes
    @Duke_of_Prunes 3 роки тому +8

    The "brand new car" argument is debatable, depending upon location and car. My wife bought a new 2008 Honda and has driven it over 200K miles with very little maintenance. We're planning to drive it until 2028 -- that's roughly $1,000 USD per year, with no major repairs so far. But yeah, if we traded every 3-4 years, that's insane.

    • @Trevor7727
      @Trevor7727 3 роки тому +2

      yep….i am on my second 2005 Honda because they are so reliable……(first car was damaged)
      saves me heaps…..

    • @Duke_of_Prunes
      @Duke_of_Prunes 3 роки тому +1

      @@Trevor7727 This Accord is my 3rd Honda. The first two were destroyed in accidents -- the second of which almost cost me my life. The current Accord is actually a 2006, but I previously said 2008. Best car of all 3.

    • @fionafiona1146
      @fionafiona1146 2 роки тому

      I get that but imagine buying them after 1-3 years, similarly low maintenance at low hassle (imagine company inventory) and significant savings.
      My parents keep driving their cars for a decade or so because of gas prices or local regulation but don't usually get entirely new ones.

    • @Duke_of_Prunes
      @Duke_of_Prunes 2 роки тому

      @@fionafiona1146 It largely depends on where you are. Used cars in my area (New Orleans) are very expensive, especially on a Honda or Toyota.

    • @fionafiona1146
      @fionafiona1146 2 роки тому

      @@Duke_of_Prunes BMW and Mercedes aren't excessively priced in Germany, Asian brands are similarly priced as internal and do get 20% off after a year in a show room.
      GM and Ford brands are dropping in value faster.

  • @julyloquetteastrologie5038
    @julyloquetteastrologie5038 3 роки тому +7

    Giiirl each time i listen to you i just recognize myself in everything that you say 😭 you’re one of my inspirations for suuuuure ❤️

    • @aleencaeli
      @aleencaeli 3 роки тому +2

      Right??? I do too. There are certain types of people out there who think liek ourselves, and i'm so grateful to come across them

    • @julyloquetteastrologie5038
      @julyloquetteastrologie5038 3 роки тому +2

      @@aleencaeli same ! Because it can get a little bit lonely sometimes because I ont know about you but I don't know anyone like that in my real life 😂😂😂

  • @QueenAnon
    @QueenAnon 2 роки тому

    You changed my mindset in more than one way in just a few minutes. Thank you!

  • @thomasevans4509
    @thomasevans4509 2 роки тому

    I agree with a lot of what she said. I can relate to what she says except it took me until my early 50’s to become a multi millionaire. I also have zero debt, as far as everything she commented on. I would say the going out to eat part is more of a personal preference. If you enjoy it and can afford it. No issue do it. I think it is more important to find a lifestyle balance that makes you happy. So I personally don’t own a lot of things like RVs, boats or luxury items, but I like her enjoy investing versus owning a bunch of depreciating assets that I really don’t have time for. So that is some of the best advice I saw here.

  • @celineisabel2179
    @celineisabel2179 3 роки тому +12

    Hi Sorelle, I just wanted to let you know that I appreciate your videos so much! And I appreciate you so much for sharing such incredible content this has not only helped me expand my financial awareness but your videos have also helped me educate my parents and others ❤️ I never knew there was an actual name for a digital nomad until you explained it which is when I realised that there is a name for what I want to do and it does exist and it is also 10000000% possible! So thank you for that! You have relieved so much confusion in me, I learn so much from you and I just wanted to let you know how much I appreciate you :)❤️ As a 17 year old the world can be confusing and you make it that much better ❤️ Thank you!

  • @celinekleinpilates
    @celinekleinpilates 3 роки тому +10

    I also cook almost all the food I eat myself and Im very picky with the ingredients :) even went completely raw for a while and I had soo much energy it was insane. Thanks for sharing insights into the mind of a multi-millionaire Sorelle 🥰

    • @canadude6401
      @canadude6401 2 роки тому +1

      what raw food gave you energy? I am curious. I have been fine tuning my food choices for over 10 years replacing bad food with good food, would appreciate your tips, as I get exhausted from time to time.

    • @celinekleinpilates
      @celinekleinpilates 2 роки тому

      @@canadude6401 I can’t tell you exactly what veggie/fruit gave me the most energy. For me it was the mix! I ate a lot of raw vegetables, dried fruits like raisins and cranberries and couscous if I needed something more filling. Lentils are also important however they usually make me tired for some reason. And as dessert I love to mix some dates with flaxseeds & nuts and make energy balls out of them 😍 hope this gave you some inspo!

    • @canadude6401
      @canadude6401 2 роки тому

      @@celinekleinpilates Thanks for responding. My biggest struggle is my carb craving. I just love (non-sugary) breakfast cereal, although it's probably not so healthy since it's processed. Other than that, I have a pretty good mix.... kale, berry and nut smoothie every morning, a spinach salad for lunch. Just need to find replace more raw broccoli and the like for the cereal! I checked out your channel, nicely filmed and edited vlogs. You are pretty too. ;)

  • @annamillerart
    @annamillerart 3 роки тому +8

    You're such an inspiration. I always end up feeling extremely positive after having watched your channel. Thank you

  • @aureliana2001
    @aureliana2001 3 роки тому

    I planted a garden and it was VERY expensive. It's not the cost of "just seeds" you have to buy dirt, planters, fertilizer and the water bill! My water bill was several hundred dollars per month in the summer. It would've been cheaper to just buy organic groceries at the store.

  • @slocanwaterfrontrestoratio7018
    @slocanwaterfrontrestoratio7018 2 роки тому

    Dear Sorelle, you are lovely, thank you for your info. and sharing. I remember my Dad speaking of cars like you do, great advice. Cheers, PEACE.

  • @soilmanted
    @soilmanted 3 роки тому +4

    I've never bought any of those things, not when I was broke, and not after I became a multi-thousandaire. The only things I collect are hand tools, because I enjoy doing maintenance and repairs myself, on my car, and on my home electrical, plumbing, and heating systems. And I find it easier and more fun to learn the technology, and diagnose technical problems, than to try and figure out who are the honest and capable technicians in any locale. Technology is easier to understand, than humans; it is less complex. I have the tools and the knowhow to do it, and I will be tuning my piano, and regulating its action, myself, when I move from my apartment into a house, and then acquire an old piano.

  • @MsVlada21
    @MsVlada21 3 роки тому +6

    Love your videos and your energy🤍 but I disagree with some points. I love going out with my friends to new restaurants/cafes. We have a tradition to explore a new place every week with 4 of my girlfriends and I find this experience very valuable and enriching.
    I don’t see how me cooking for everyone makes it more enriching…
    Plus, eating out in Ukraine is very affordable, so I prefer spending more time with my friends instead of slaving away in the kitchen.
    I guess it’s a bit different in a more wealthy country like Iceland.

  • @davidfryer9359
    @davidfryer9359 3 роки тому +4

    Love this wisdom...one would think it common but it isn't.

    • @Abundantiaco
      @Abundantiaco  3 роки тому +3

      Common sense ain't common!

    • @davidfryer9359
      @davidfryer9359 3 роки тому

      @@Abundantiaco truer words i have never heard...

    • @davidfryer9359
      @davidfryer9359 3 роки тому

      I billionaire acquaintance once told me, "Whoever tells you money isn't everything obviously doesn't have enough of it"!

  • @nicholasgeorge4783
    @nicholasgeorge4783 2 роки тому

    In some countries like Greece depending where you go it may be cheaper to eat out than buy the ingredients and cook for your self.

  • @DoveDaniels
    @DoveDaniels 3 роки тому +1

    You are absolutely right. the more wealth I gather the less stuff I buy especially after reaching my first 6 figure and once I got to the 2 six figure that was it. I cut down my spending by 80% and only give my time to things that add value to my life. I had a business for 4.5 years and I saw it draining my finances due to covid and I had to end that chapter. Now slowly recovering from that loss. I live way below my means to conserve resources. No value I don't want to spend even a minute more with it...

    • @lydiaveldhuizen3157
      @lydiaveldhuizen3157 2 роки тому +1

      Yes, It had value. This Last expieriance makes you wiser and Thats all about Life. Never think of It as a waste. Your Richter now.

  • @filminem
    @filminem 3 роки тому +14

    You don’t know how I annoyed i am with myself for listening to my parents and getting a new car. I’ve always wanted to get a used one but I was too impulsive and bought it brand new. I don’t wanna say I regret it bc. It gets me where I need to go and it was my first car at 25; however, I’m on my financial freedom journey and it would’ve benefited more if I had made a smarter decision beforehand. BUT #weliveandwelearn
    Thanks for the tips Sorelle!! 🧡

    • @Abundantiaco
      @Abundantiaco  3 роки тому +1

      I'd NEVER buy a new car. However, my fiancé Leon bought a new car this year, and paid cash. So just because I wouldn't, doesn't mean some people wouldn't. Personally, near-new is as good as new to me.

    • @Chahlie
      @Chahlie 3 роки тому +1

      Hmm. I bought my truck new in 2004, ordered it with no upgrades, made a living with it for 12 years (landscaper) so was a business write off, the loan was zero per cent through GM. Still driving it and it'll do til I don't drive any more. So sometimes it's a good decision.

    • @amywalker7515
      @amywalker7515 3 роки тому

      Sell it and get what you want.

    • @libafried5840
      @libafried5840 3 роки тому

      I actually think brand new cars from companies like Mazda, Toyota and Honda are excellent long-term investments rather getting into something you absolutely can't know the history of. Cars from the companies I mentioned are supposed to last between 10-15 years so I think it's a great investment.

  • @SalsaNube
    @SalsaNube 3 роки тому +18

    This van looks like belonging to a very nice and cool UA-camr! Watched the making of it on his channel! It is indeed a great van! Enjoy it! Had a small shock seeing you in it:) Though of a collab of some kind at the beginning:):) Cheers!

    • @Abundantiaco
      @Abundantiaco  3 роки тому +3

      You may be correct... or you may not be. Info coming soon!

    • @ninas.
      @ninas. 3 роки тому +5

      Haha, yes. I was also like, wait - what? Ha, Sorelle is in Australia!

    • @MarikaMeos
      @MarikaMeos 3 роки тому +1

      Could you refer to the youtuber? :D

    • @SalsaNube
      @SalsaNube 3 роки тому +1

      @@MarikaMeos Max & Occy is the channel :)

  • @hxsf7686
    @hxsf7686 2 роки тому +3

    Its soo weird how much I can relate to your mindset, except I'm not a millionaire 😅😅😅

  • @Nicole-qm6hx
    @Nicole-qm6hx 2 роки тому

    Thank you for being so honest and helpful! Side note: I love your accent!