Patience is definitely mine. I know for a matter of fact I constantly fixate on the bigger picture like you've said, I've caught myself getting frustrated when results don't happen immediately. Will definitely focus on the smaller wins going forward as I think I've done well in the other 3.
Yes especially family with eating, shopping. Lying addition. Very Toxic run away, block them whatever it takes to keep your money, and your peace of mind. (My sister, daughter sad but true)
Capitalism gives options. If one guy charges $50. Go to the next business. Capitalism: u can go out and start your own business and be coke successful. How do I know. I did it. I would be concern about socialism. The govt says all the same except the get richer. They say equal plan field except the make millions on kick backs. Socialism don’t work and never have. By being able to start my business I can save xxx a mo. If I said how much u would be hating on me.
I would say the quickest way to save money is get rid of debt and then use the money that was for debt for saving. Frugal living, investing and minimalism are all my tools to get to my journey. I'm a big fan of Austin, it's nice to watch videos on like minded people!
I’m on a weight loss journey. It completely aligns with what you are saying. I’m losing weight because I’m making small sustainable changes. It’s not a fast process but I will get there. I’m also in process of challenging myself to save $2500. My 1st goal was $1000, now that I know I can save $1000, I just need to do that 1.5 more times and I’m there. It’s amazing how health and wealth can be obtained using the same process.
Interesting you say this because I feel like since I've been on a weight loss health improvement journey that all of the sudden I want to start saving and I never thought about it before. Maybe it was the bad food effects on the brain keeping me from thinking clearly and realistically about finances.
@@preciosaangelbby Yes! They go hand-in-hand. Saving money is cutting back a little bit at a time. Losing weight is also cutting back a little bit at a time. Both saving money and losing weight require one to be aware of what they are spending and what they are eating.
I’m a dietitian and I must say I’m actually leaving the field because of lack of consistency from patients it’s so annoying they want a magic stick same thing as saving money get rich quick, and get fit quick
Good video as always. I am saving up for a newer car. Decided a used car loan would easily cost 400 a month, so I started a car savings account. This week I hit 2500! Yes, its a 2 year plan. Saving up now to avoid paying interest later. Need to have a goal, realistic plan and stick with it.
I hit $10k in early grade school. I had about $30k by the end of high school. This was 1980's dollars. Money is not my weakness, but keep up the good work on these videos.
What did you do in grade school to save 10K ? Just curious. I worked in a fast food restaurant in HS, and saved 2K for a down payment on a new car, and that was in 1978, when minimum wage was maybe $5/hr. 😆
@@likeris2 I was kinda thinking that may be the case. His allowance $$ must have been waaay more than I got in grade school. I’m pretty sure you’re not allowed to be working a job in grade school. At least not in the U.S., unless he was maybe a child actor.
@Debbie Walker I just didn't buy anything. Birthday and Christmas gifts accumulated. I never really worked much as a kid. Frugality was alway the name of my game.
@@donaldswanson9647I worked at the age of 12 during summers and everyday we had off from school. and only made $200/week, so I probably made $3,000/yr. But I bought my own clothes and bikes with that money. You must of had some $2000-$3000 cash gifts every birthday and Christmas, to get to that point. Likely more if you spend a fraction of it.
Great video once again. Some people with no self control. Self discipline, or into instance gratification spend every penny they make trying to buy happiness. Or get rich quick schemes. My sister, daughter especially. Then want hand outs of more money from me. Cut off toxic people who use you.
I saved about $10k in about 3 years by setting up a mutual fund. I was paying a solid amount of money per month and then I pulled it out and used it as a down payment for my new car. I had a goal and I made it work. My plan now is to save up money again to keep as an emergency fund and then maybe start a house fund.
This came at the right time. This summer I’ll be starting to save this amount of money. Dividing it to small wins makes it more attainable to do. The fact that you did save that much at a young age at the time is inspiring. If you can do it then I can do it too. Maybe I’ll come back to this video a year later for an update 😅💪🏾👍🏾and so it begins
Yes, Austin. Nothing beats consistency. Consistency is the best path to achieving financial success and financial discipline is the key to creatjng wealth. My channel also focus on assisting people secure their financial future. Great video, Austin.
Wow, this video really hits the nail on the head when it comes to saving money! The advice about having a realistic plan that emphasizes consistency over deprivation is so important. It's true that saving small amounts consistently is much more effective than sporadically saving large sums.
Saving it is great, I was raised like that. But thats all i was told,. just save it, not what to do with it. So for years, all I did was having it no risk GICs at interest rates that werent keeping up with inflation. So its more than saving, its to be smart with the money you save so it builds.
So much simple wisdom in this video. The major takeaway that I keep trying to drum into my kids is that saving £1,000 is the result of 1,000 × £1 decisions and not one big savings event.
Happy Friday, Mr. Austin Williams! A huge wave from Nova Scotia from your 64-year-old fan. I really enjoyed this video. This is what I've been doing: 1. I got my bank to automatically take a certain amount from my account each month and purchase units of a mutual fund and it's amazing to see my automatic savings increase month after month. The minimum amount is $50 a month allowable. The bank looks after it all without me doing a thing. Very slowly I earn interest which automatically buys more units of the mutual fund. Set this up and forget about it. 2. Each evening any penny amount in my chequing account is transferred to another saving account. The amount can be anywhere from .01 to .99. So an average of $15 a month (or almost $200 a year). So simple but so wonderful. Patience is key. Your videos are wonderful, Mr. Austin Williams.
I love the way you see life in general, I reckon you're extremely inteligent. These tips can be profitable for all goals in life, not only for saving money. Keep up with your work ❤
9:20 Focusing on the smaller wins is the perfect advice for me personally. I've had trouble saving money because of being too ambitious at the beginning as you pointed out at 4:00 and then losing steam very quickly. Thank you Agustin for this timely tutorial for saving money through patience and consistency.
Thank you for this video! Great advice that is applicable to many areas of life. I just graduated with a business degree and am about to start my first “real job” after months of job hunting. I want to make sure that I don’t get blinded and obsessed. Consistency is key 🔑
Austin, I wanted the save 10K fast version ! 😆 You pulled the ‘ol bait & switch, but I know what you mean about the algorithms. Another awesome video, keep up the good work ! 😃
Great video, Austin and really appreciate the honesty. True man, there was a quote that went something like, he who has patience can acquire all he wants. Not only is knowledge applied is power but knowledge applied is profit - Jim Kwik
Progress report on your 30 day challenge. Midway through, I don't miss the consumerism. It has not been difficult. It doesn't seem like a sacrifice. As a background, I've been on my FIRE journey for 7 and one half years. I have been losing steam in the last 6 mos and have fallen off for a couple of weeks at a time. To admit I'm exhausted would be accurate. This 30 day challenge feels like I'm back on track.
Good video!! In addition, I would add for those young people who can live with family until you have $50K in savings, doing so will help you get a comfortable start in the next phase of your life. And when it's time to get engaged and marry, make sure its to someone who appreciates the value of money.
Could not have said it better. If u marry a spend thrift , it could be an issue. I have been divorced for 20 yrs and for sure will check this out when I meet someone I wish to marry. I have accumulated a mass of assets and not willing to have some knuckle head come in and mow it down like a tractor.
Appreciate the effort you put in your videos! Very very helpful and informative 😊 I would say that being patient is the most difficult since it is so hard to keep going when you don't see results quickly.
Lately I've been focusing on Sacrifice which has always been a challenge for me but I'm finding is also most rewarding. I mull it over in my mind until I can make a firm affirmation about it. The future me will inevitably thank me. Good for moments of weakness.
My goal this year is to cut our family grocery expense by half. I'm finding it is not that hard (and kind of fun) by focusing intentionally on what I'm buying and avoiding waste. I estimate the savings will be nearly $5000 for the year, and we are not suffering any deprivation on the food front. Gracias por tus videos.
It worries me, it really does. Conversation at work today revolved around how colleagues could not afford the final payments on their flashy cars so would either have to give the vehicle back, take out a loan to cover the difference or use the original car as a down payment for another 3 to 5 years of monthly payments for another flashy car in the hope that at the end of the next contract they could afford that final payment. Guess which one they were going for.
When you were 21, was the minimum wage 8 usd / hour? Omg! I live in Hungary, and the minimum wage is 1350 huf / hour = 3,7 usd / hour! In 2023 August I am so lucky, that at the age of 18 I have a 2000 huf / hour salary = 5.58 usd / hour. Im happy you had the chance for a higher salary, but im sure that the costs of living in the U.S. are higher.
I wish I had cared earlier. My adult life has been hard and chaotic: 1st Decade was severe trauma, 2nd Decade was complete emotional shut-down from the trauma, 3rd Decade was doing everything wrong, 4th Decade was simplifying, fixing mistakes and crawling out of debt. I'm now nearing 50 and freaking out that I have zero savings and zero plans for when I hit 'retirement' (I'm currently surviving on disability but my benefits decrease when I hit 65). I have 15 years, and I feel it's too late now. Still planning to start a savings but time is clearly not on my side.
Why saving 10k is slow. Make 100 dollars spend 40 dollars on gas. Make 100 dollars Spend 60 dollars on food. Make 100 dollars spend 50 dollars on cell service.
That’s how I did it! I started with 500 money challenges did a couple of 1,000 then move to the 5,000 in 100 days this year alone I will be close to the 20,000 and I work a low income job
I can do extream and be consistent. no problem for me. and I do this more then 10 Years. I cut everything: friends, alkohol, smoking, dating, restorans, caffe's, cars, buses. I am walking 10km to job it cost me zero £££. this is how I am saving money. no BS.
The get-rich-quick concept seems particularly American, though I suspect it transcends national boundaries. People are more susceptible to it in uncertain times, and a lot of people use it here on UA-cam to make money at others' expense. I think we're hard-wired as humans to take the easy way (or what seems like it): it saves energy. Not taking the easy way require discipline. There was a famous Stanford University study about delayed gratification in children, the Marshmallow Experiment, that showed that some children were better at self-mastery than others. I think it was also predictive: children who were able to delay gratification had better life outcomes. But self-mastery requires all the things you mention: consistency, discipline, etc. I think of these things like muscles that have to be strengthened over time and then maintained. Clearly this is easier for some than for others, perhaps depending on their upbringing, genetics, early life experiences, who knows? It raises the question of why saving money should require rejecting so many of the messages we receive about money and how to get rich overnight (think state lotteries and legalized gambling). Excellent job as always!
Casinos are always an interesting thing. There's a casino town nearby called Cripple Creek, and it's so weird to drive though because you see all these older people looking stressed out and depressed because they've probably lost so much in the casino. The concept of casinos is weird because it's very clear that you lose, but people still go thinking they'll be the exception.
You’re right there is no easy fix. Simple what comes in verses what goes out. I follow Ramsey and the debt free scream. If you income is 6 figures paying your debt down is much easier than if you make 50$k You can cut back but you still need it coming in
@2:25 that's gonna be my resolution for 2024. saving $100 per month, but it's only possible because my incomes are gonna be increased from $100 per month.
Great video but you shouldn’t lie in the title though. I could say I have “10 000 satisfied costumers” on my website to get calls from people interested in my course but if they do call and I say “Nah, that was just me lying to rein you guys in” I’m gonna end up with a pretty ticked off (would be) costumer.
5 minutes of pleasure vs hours of regret every time you do it, decide if that five minutes is worth all the regret. Also, how will you feel 1-5 years from now
I invest 5% monthly (approximately). My husband's employer invests 6% of his check. I save 5% weekly and put it in Yotta. The rest goes into weekly bills including the mortgage. I set aside $300 aside for that weekly. I pay the mortgage +$100. That $300 is extra. Once every few months I pay an extra $500 on the mortgage. Our one bill is flying down. The schooling debt I tap monthly, as well. I will tell you that money I set aside is growing like weeds. I have an estimate on what we have and it's close to $10,000. My husband's retirement is well over $10,000.😆 His coworkers are struggling with their finances. We aren't. We have a plan.
What's your weakest skill out of the four? Why?
Patience is definitely mine. I know for a matter of fact I constantly fixate on the bigger picture like you've said, I've caught myself getting frustrated when results don't happen immediately. Will definitely focus on the smaller wins going forward as I think I've done well in the other 3.
Patience/consistency
Sacrifice, then patience.
Sacrifice, because I'm not willing to do it.
Patience, big picture problems for sure.
I think also distancing yourself from toxic people helps reduce spending money
Yes especially family with eating, shopping. Lying addition. Very Toxic run away, block them whatever it takes to keep your money, and your peace of mind. (My sister, daughter sad but true)
@@leannlarue2227 Maybe you can help them see, capitalism is the real problem
@@evasanz3466 your right, we can only give them wisdom and advice but it's up to them if they want to change themselves
@@JD-de5mq They will only call you selfish and cheap.
But you will be good enough to pay the bill afterwards🤦♂️
Capitalism gives options. If one guy charges $50. Go to the next business. Capitalism: u can go out and start your own business and be coke successful. How do I know. I did it. I would be concern about socialism. The govt says all the same except the get richer.
They say equal plan field except the make millions on kick backs. Socialism don’t work and never have. By being able to start my business I can save xxx a mo. If I said how much u would be hating on me.
I would say the quickest way to save money is get rid of debt and then use the money that was for debt for saving. Frugal living, investing and minimalism are all my tools to get to my journey. I'm a big fan of Austin, it's nice to watch videos on like minded people!
Nooooo, please continue counting the videos. I love it when you say the number of the video in the outro.
haha, okay.
So do i
I’m on a weight loss journey. It completely aligns with what you are saying. I’m losing weight because I’m making small sustainable changes. It’s not a fast process but I will get there. I’m also in process of challenging myself to save $2500. My 1st goal was $1000, now that I know I can save $1000, I just need to do that 1.5 more times and I’m there.
It’s amazing how health and wealth can be obtained using the same process.
All things are one!
Wonderfull! i wish you all the strength and consistency!
I was also thinking during the video that these points can be applied to health and weight loss!
Interesting you say this because I feel like since I've been on a weight loss health improvement journey that all of the sudden I want to start saving and I never thought about it before. Maybe it was the bad food effects on the brain keeping me from thinking clearly and realistically about finances.
@@preciosaangelbby Yes! They go hand-in-hand. Saving money is cutting back a little bit at a time. Losing weight is also cutting back a little bit at a time. Both saving money and losing weight require one to be aware of what they are spending and what they are eating.
Discipline is part of the other three, as well. If you have discipline, you have most of what you need, in my opinion.
Exactly!
I’m a dietitian and I must say I’m actually leaving the field because of lack of consistency from patients it’s so annoying they want a magic stick same thing as saving money get rich quick, and get fit quick
I'm sure u have reached some people...maybe not all but it only takes a few to be reached
Good video as always. I am saving up for a newer car. Decided a used car loan would easily cost 400 a month, so I started a car savings account. This week I hit 2500! Yes, its a 2 year plan. Saving up now to avoid paying interest later. Need to have a goal, realistic plan and stick with it.
It took five years for our first 10K and now it takes about two and a half years because we have lowered our expenses.
I hit $10k in early grade school. I had about $30k by the end of high school. This was 1980's dollars. Money is not my weakness, but keep up the good work on these videos.
What did you do in grade school to save 10K ? Just curious. I worked in a fast food restaurant in HS, and saved 2K for a down payment on a new car, and that was in 1978, when minimum wage was maybe $5/hr. 😆
@@debbiewalker273 he got rich parents. its not hard :)))
@@likeris2 I was kinda thinking that may be the case. His allowance $$ must have been waaay more than I got in grade school. I’m pretty sure you’re not allowed to be working a job in grade school. At least not in the U.S., unless he was maybe a child actor.
@Debbie Walker I just didn't buy anything. Birthday and Christmas gifts accumulated. I never really worked much as a kid. Frugality was alway the name of my game.
@@donaldswanson9647I worked at the age of 12 during summers and everyday we had off from school. and only made $200/week, so I probably made $3,000/yr. But I bought my own clothes and bikes with that money. You must of had some $2000-$3000 cash gifts every birthday and Christmas, to get to that point. Likely more if you spend a fraction of it.
Great video once again. Some people with no self control. Self discipline, or into instance gratification spend every penny they make trying to buy happiness. Or get rich quick schemes. My sister, daughter especially. Then want hand outs of more money from me. Cut off toxic people who use you.
I saved about $10k in about 3 years by setting up a mutual fund. I was paying a solid amount of money per month and then I pulled it out and used it as a down payment for my new car. I had a goal and I made it work. My plan now is to save up money again to keep as an emergency fund and then maybe start a house fund.
Take the ‘maybe’ out of that plan.
Well said in a world of instant gratification!
I saved 10k in 5months, despite minimum wage.
becous not paying for rent. for me need two years.
I garantee you didn't do it while paying for rent.
This came at the right time. This summer I’ll be starting to save this amount of money. Dividing it to small wins makes it more attainable to do. The fact that you did save that much at a young age at the time is inspiring. If you can do it then I can do it too. Maybe I’ll come back to this video a year later for an update 😅💪🏾👍🏾and so it begins
Yes, Austin. Nothing beats consistency. Consistency is the best path to achieving financial success and financial discipline is the key to creatjng wealth.
My channel also focus on assisting people secure their financial future.
Great video, Austin.
Wow, this video really hits the nail on the head when it comes to saving money! The advice about having a realistic plan that emphasizes consistency over deprivation is so important. It's true that saving small amounts consistently is much more effective than sporadically saving large sums.
So true!
@@ElAgustin 🙌🏻 congrats on 50k my friend!
Austin, your videos are well thought through and presented in an easy-to-understand way. I really look forward to them- thank you!
Saving it is great, I was raised like that. But thats all i was told,. just save it, not what to do with it. So for years, all I did was having it no risk GICs at interest rates that werent keeping up with inflation. So its more than saving, its to be smart with the money you save so it builds.
So much simple wisdom in this video. The major takeaway that I keep trying to drum into my kids is that saving £1,000 is the result of 1,000 × £1 decisions and not one big savings event.
Thank you for being so upfront and honest. I have been working on doing this for a few years and it works.
Happy Friday, Mr. Austin Williams! A huge wave from Nova Scotia from your 64-year-old fan.
I really enjoyed this video. This is what I've been doing:
1. I got my bank to automatically take a certain amount from my account each month and purchase units of a mutual fund and it's amazing to see my automatic savings increase month after month. The minimum amount is $50 a month allowable. The bank looks after it all without me doing a thing. Very slowly I earn interest which automatically buys more units of the mutual fund.
Set this up and forget about it.
2. Each evening any penny amount in my chequing account is transferred to another saving account. The amount can be anywhere from .01 to .99. So an average of $15 a month (or almost $200 a year). So simple but so wonderful.
Patience is key. Your videos are wonderful, Mr. Austin Williams.
Thanks, David!
We are both on social security, with some interest and dividends coming in, and without bills,we save at least a $1:000 per month.
I love the way you see life in general, I reckon you're extremely inteligent. These tips can be profitable for all goals in life, not only for saving money. Keep up with your work ❤
Great points, especially the part about consistency is being realistic.
9:20 Focusing on the smaller wins is the perfect advice for me personally. I've had trouble saving money because of being too ambitious at the beginning as you pointed out at 4:00 and then losing steam very quickly. Thank you Agustin for this timely tutorial for saving money through patience and consistency.
i love how realistic your videos are
How many times did he say: " You have to Master -Consistency , -Patience , -Sacrifice , -Discipline.🤣🤣
Thank you for this video! Great advice that is applicable to many areas of life. I just graduated with a business degree and am about to start my first “real job” after months of job hunting. I want to make sure that I don’t get blinded and obsessed. Consistency is key 🔑
Austin, I wanted the save 10K fast version ! 😆 You pulled the ‘ol bait & switch, but I know what you mean about the algorithms. Another awesome video, keep up the good work ! 😃
Great video, Austin and really appreciate the honesty.
True man, there was a quote that went something like, he who has patience can acquire all he wants.
Not only is knowledge applied is power but knowledge applied is profit - Jim Kwik
Progress report on your 30 day challenge. Midway through, I don't miss the consumerism. It has not been difficult. It doesn't seem like a sacrifice. As a background, I've been on my FIRE journey for 7 and one half years. I have been losing steam in the last 6 mos and have fallen off for a couple of weeks at a time. To admit I'm exhausted would be accurate. This 30 day challenge feels like I'm back on track.
Good video!!
In addition, I would add for those young people who can live with family until you have $50K in savings, doing so will help you get a comfortable start in the next phase of your life. And when it's time to get engaged and marry, make sure its to someone who appreciates the value of money.
Could not have said it better. If u marry a spend thrift , it could be an issue. I have been divorced for 20 yrs and for sure will check this out when I meet someone I wish to marry. I have accumulated a mass of assets and not willing to have some knuckle head come in and mow it down like a tractor.
Appreciate the effort you put in your videos! Very very helpful and informative 😊 I would say that being patient is the most difficult since it is so hard to keep going when you don't see results quickly.
Gregory Roberts novels spotted in the background. Great reads.
Excellent vid again Austin, thanks, discipline and patience, the two keys for life even if they are a constant struggle!
Awesome video bro, thanks👍🏾
I love how soft spoken and motivational this guy is and then he hit us with a, “if anyone tells you otherwise they’re full of SHIT!” Lmao 😂
Lately I've been focusing on Sacrifice which has always been a challenge for me but I'm finding is also most rewarding. I mull it over in my mind until I can make a firm affirmation about it. The future me will inevitably thank me. Good for moments of weakness.
My goal this year is to cut our family grocery expense by half. I'm finding it is not that hard (and kind of fun) by focusing intentionally on what I'm buying and avoiding waste. I estimate the savings will be nearly $5000 for the year, and we are not suffering any deprivation on the food front. Gracias por tus videos.
I love this! Thank you 🙏 I’m going to totally use this advice ❤God bless you 😇
Can happen if no unexpected medocal bills that year😮
It worries me, it really does. Conversation at work today revolved around how colleagues could not afford the final payments on their flashy cars so would either have to give the vehicle back, take out a loan to cover the difference or use the original car as a down payment for another 3 to 5 years of monthly payments for another flashy car in the hope that at the end of the next contract they could afford that final payment. Guess which one they were going for.
When you were 21, was the minimum wage 8 usd / hour? Omg! I live in Hungary, and the minimum wage is 1350 huf / hour = 3,7 usd / hour! In 2023 August I am so lucky, that at the age of 18 I have a 2000 huf / hour salary = 5.58 usd / hour.
Im happy you had the chance for a higher salary, but im sure that the costs of living in the U.S. are higher.
Very useful video. I will put the advice into practice. Thank you
You’re right going to extremes is a sure way to completely give up or go to the other extreme from deprivation to overindulgence 😅
Love it , you should tour colleges
Very inspiring video. Thanks.
Thank you for the bit on consistency
Thank you so much for the knowledge.
Great words of wisdom. Thank you so much for sharing.
Outstanding, Austin... Thanks!
less than 2 minutes in and i already fwu 👍🏾
On point video as always, thank you!
I wish I had cared earlier. My adult life has been hard and chaotic: 1st Decade was severe trauma, 2nd Decade was complete emotional shut-down from the trauma, 3rd Decade was doing everything wrong, 4th Decade was simplifying, fixing mistakes and crawling out of debt. I'm now nearing 50 and freaking out that I have zero savings and zero plans for when I hit 'retirement' (I'm currently surviving on disability but my benefits decrease when I hit 65). I have 15 years, and I feel it's too late now. Still planning to start a savings but time is clearly not on my side.
Thank you for the great presentation !!
Ok, just subbed now) this channel really amazing🗻
Is this possible for someone in their 60's?
Of course!
Why saving 10k is slow.
Make 100 dollars spend 40 dollars on gas. Make 100 dollars Spend 60 dollars on food. Make 100 dollars spend 50 dollars on cell service.
That’s how I did it! I started with 500 money challenges did a couple of 1,000 then move to the 5,000 in 100 days this year alone I will be close to the 20,000 and I work a low income job
Thank you, Agustin!
I like your honesty!
Great video ❤😊
Save my first 10K in 6 months. Take a lot of hard work, back pain😂, sacrifice and patient.
Very good video. Thank you.
Step 1. Make more than 10,000 in a year 😂
Greetings from a Mexican living in South America making around 8, 000usd per year haha
Unfortunately yes...
Love this one
Saving 10.000 dollars is smart,
Saving 5 Troy Ounce Gold is super smart😊
This really helps
I can do extream and be consistent. no problem for me. and I do this more then 10 Years. I cut everything: friends, alkohol, smoking, dating, restorans, caffe's, cars, buses. I am walking 10km to job it cost me zero £££. this is how I am saving money. no BS.
The get-rich-quick concept seems particularly American, though I suspect it transcends national boundaries. People are more susceptible to it in uncertain times, and a lot of people use it here on UA-cam to make money at others' expense. I think we're hard-wired as humans to take the easy way (or what seems like it): it saves energy. Not taking the easy way require discipline. There was a famous Stanford University study about delayed gratification in children, the Marshmallow Experiment, that showed that some children were better at self-mastery than others. I think it was also predictive: children who were able to delay gratification had better life outcomes. But self-mastery requires all the things you mention: consistency, discipline, etc. I think of these things like muscles that have to be strengthened over time and then maintained. Clearly this is easier for some than for others, perhaps depending on their upbringing, genetics, early life experiences, who knows? It raises the question of why saving money should require rejecting so many of the messages we receive about money and how to get rich overnight (think state lotteries and legalized gambling). Excellent job as always!
Casinos are always an interesting thing. There's a casino town nearby called Cripple Creek, and it's so weird to drive though because you see all these older people looking stressed out and depressed because they've probably lost so much in the casino. The concept of casinos is weird because it's very clear that you lose, but people still go thinking they'll be the exception.
Saved 11k in two years with my job 401k match. Idk if I’m on good pace. The rest I put what I can in my S&P stock and Roth IRA
I saved 25000 a year
Mans tells it like it is💯🗣️
This is excellent 😊.
YES.
I would love it if you posted your bank account and credit card spending so we can see if you practice what you're preaching.
I work two jobs.and now ,in three mos.i saved 3k ..exited ,wish i will save. Ten k in a year
السلام عليكم HOW ARE YOU
I suck at patience
Im actually Saving (:
You’re right there is no easy fix. Simple what comes in verses what goes out. I follow Ramsey and the debt free scream. If you income is 6 figures paying your debt down is much easier than if you make 50$k You can cut back but you still need it coming in
10000 USD is very less money... at least 30000 USD is required to feel some effect even in India.
@2:25 that's gonna be my resolution for 2024. saving $100 per month, but it's only possible because my incomes are gonna be increased from $100 per month.
Don't stop counting videos
Great video but you shouldn’t lie in the title though. I could say I have “10 000 satisfied costumers” on my website to get calls from people interested in my course but if they do call and I say “Nah, that was just me lying to rein you guys in” I’m gonna end up with a pretty ticked off (would be) costumer.
Bro I had to screen record this bihh ASAP this game don’t know how angry I was
This is actually a good plan for becoming a UA-camr. 😁
I was thinking the same when writing it.
Hello 👋
I save all My 2 passive incomes amount yearly ( No touch)
If I save 25 a month it would take me 33 years to save that 10k I’m not sure 🤔 good principles thou always love your vids ✌️👍🏼
Hello 👋
Saving Investing is the only way to success.
I wish I could quit vaping thc and save all my money 😢 any tips?
a psychologist
5 minutes of pleasure vs hours of regret every time you do it, decide if that five minutes is worth all the regret.
Also, how will you feel 1-5 years from now
10.000 in one year is perfectly possible.
Sacrifice
Bedankt
Thanks!!! You're too kind!
When you made 1st. $5000. Did you live at home?
Right before I graduated high school...so yes.
Life is about Saving Investing from your hard money 💰
I invest 5% monthly (approximately). My husband's employer invests 6% of his check. I save 5% weekly and put it in Yotta. The rest goes into weekly bills including the mortgage. I set aside $300 aside for that weekly. I pay the mortgage +$100. That $300 is extra. Once every few months I pay an extra $500 on the mortgage. Our one bill is flying down. The schooling debt I tap monthly, as well. I will tell you that money I set aside is growing like weeds. I have an estimate on what we have and it's close to $10,000. My husband's retirement is well over $10,000.😆 His coworkers are struggling with their finances. We aren't. We have a plan.
Congratulations you are doing great. Keep going and you will achieve all you want.
@@TheCelmapThank you. We know we will. My parents always said keep your nose to the grindstone. I suppose that we have.
The only way to save money is not spending it. 🤷🏻♀️
Jus sell dope folks