What I Buy as a Frugal Minimalist
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- Опубліковано 6 чер 2024
- 12 things I buy as a frugal minimalist.
Frugality isn't about depriving yourself of possessions or experiences. Frugality is about spending your money with intention and not wasting anything. We live in a highly consumerist society where often people spend a lot of money just for the excitement involved in the purchase, but if we learn how to live more frugally we can buy our time back and ultimately have a better, more simple life.
I have spoken a lot about not spending money in my videos, but in this video I wanted to talk about what I spend my money on as a frugal minimalist.
"12 Things I Buy as a Frugal Minimalist"
1. Freedom
Freedom is very important to me. I do not want to spend my life worrying about money or making it. I buy my freedom through low living expenses, savings, and index funds. These three things allow me to spend less time worrying about money and more time living.
2. A Beautiful Location
Nature is something that is very important to me, so I want to live in a place that has beautiful nature. I decided to move to Colorado because I wanted to spend more time outdoors and I am willing to pay more for that.
3. Spending Time with Mother Nature
Most of my hobbies include doing things outdoors like hiking and biking, and the good thing about this is that it does not cost much money. I spend money on gear for these hobbies, but once I have the gear I do not spend much money.
4. My Mental Health
Doing things like going to coffee shops, concerts, and breweries are things I don't mind spending money on because I think they are really good for my mental health. These are not just drinks, but they are experiences.
5. The Occasional Restaurant Trip
I like eating at restaurants, but I do not do it all the time because I do not want to lose appreciation for them. I limit myself to eating out, but I still do it frequently.
6. Weekend Trips
Instead of doing one big vacation every year, I prefer to do multiple long weekend trips doing things like camping. Camping is pretty cheap to do and so I don't spend too much money doing it.
7. Visiting Friends and Family
I do not mind spending money on flying out to different parts of the country to visit friends and family. I do not want money to stop me from seeing people in other locations.
8. Peace of Mind
Anything that gives me peace of mind and stops a worry I will spend money on. For example, if I need to replace tires on my car, I won't even think about it and do it because I don't want to worry about anything dangerous happening.
9. High Quality Items
Anything that I plan on having for a long time, I buy high quality. I prefer to spend more money on something that works then save money buying something that doesn't work.
10. Health
I spend more money on high quality foods and a gym membership because I believe that you can't do anything unless you have good health. I will never try to save money at the sake of my health.
11. Ownership
I prefer to own things rather than pay in payments. I like to know that things are mine and I do not want to have to worry about missing a payment or people calling me regarding an item.
12. Exploration
Travel is the only thing you can buy that will make you richer. I like to spend money on traveling to different parts of the world and having a good time. - Навчання та стиль
What is one thing you don't mind spending money on?
Buying fresh spinach. I eat a done of it in smoothies, steamed, and raw. I tried to buy the frozen stuff but I don't care for the texture or taste of it.
High quality food and coffee
Definitely high quality items
Specialty coffee ☕️
Good coffee for home use is a must! Everything else can flex but not good coffee.
You are twenty-eight years old and I am 76 yes old, yet we are at least 90 percent alike. I live almost exactly as you do except I do own my own home which is small, beautiful and mine. More people should live this way.
One of my best mini vacations was when my son and I drove to Washington DC to the Smithsonian. We stayed at a fairly inexpensive place and the museums and sights were FREE. It was an amazing 3 day trip and I’ll never forget it.
This is one of the first things I want to do in retirement! I am such a museum nerd!
Don't spend your life worrying about money. Spend your money so that you can not worry about life.
Dude, your attitude and spirit is 100% awesome !
So glad I found him!! I subscribed immediately. Im binge watching his videos on a daily basis! Astute, and so cute ♥️ x
Your passion is contagious.
Totally agree about socializing. And restaurants definitely have to be better than what I can do, and im a darned good cook. Also I'm debt free, mortgage free, with savings and investments. Not from inheritance or lottery tickets. Just from following a budget, working a regular job, and living below my means. It can be done.
Sadly, the money we have scrimped and saved is worth much less today. We are still screwed by the powers that be
Hi Austin. I like your ideas except for home ownership. I bought a home last year and my mortgage is the same I was paying for a studio apt. I have 6 times the space. Room to allow my brother to stay rent free while he applies for disability...he had been living in a shelter for 4.5 years. Also, I run an airbnb out of my finished basement that pays half my mortgage. Buying a home has been a blessing to me and my family. Also, Im a disabled vet so I dont pay any property taxes.
I agree. I live in California and pay $300 per month property tax, my home is paid off. If I were to rent this home, it would be at least $2,500 to 2,800 per month. So buying does pay off big time.
That is great.
Being a disabled vet allows people to bypass property taxes? I never knew that
On my day off this week i enjoyed the beautiful weather near a broadwalk. Sat and enjoyed mother nature. Parking free entrance free. I bought something to eat and sat with friends. So yes .
I'm 72 years old, and I'm pleased to see that you've discovered these important concepts of frugal living at such a healthy young age! Generally speaking, Americans are terrible when it comes to getting good value from their money, so they should all watch your videos to learn how it's done! Carry on!
I'm 73 and I enjoy Mr. Williams also! "Old dog learning New tricks!!
Phenomenal channel. Absolutely packed with great tips and advice. So nice and down to earth too.
Thankyou so very much for the effort and care you put into making vids.
All the very best with growing the channel or any other endeavors you embark upon.
You had me at high quality items. Red Wing boots, Darn Tough socks, local farm to table restaurants.
I’ll have the boots for life, the socks you pay for once, that have a lifetime guarantee, I never have a bad meal at a non chain restaurant.
I love high quality socks.
Wise words
Number nine definitely. There's a saying: "buy cheap, buy twice." It is worth waiting to buy the right item rather than the cheapest one. You get a better item that lasts longer.
I just stumbled across your channel a couple of days ago and I've been enjoying your content. Now I find you live in Colorado, the state I've lived in my entire adult life, save for a couple of years in the army. I don't know which city you live in, but if we ever bump into each other---I'm in Colorado Springs---I'll buy you a beverage of your choice. Take care.
When you use the gesture for 'drive' it's a sure sign you've taught English haha. Congrats I can see you've doubled your subscribers! 🌞
Another great video Austin!
Thank you 😊
Great information, thanks for sharing!
I just love your channel!!
Love it !!
I love ❤️ it!! Blessings back!!
Love your enthusiasm ❤
This is a really respectable video.
Thank u ! Great video.
I have the same principle as u. I’m glad to see this here it makes me feel that I have more sense.
That Sloth - Heart Melting 🥰
I am 64 and enjoy your videos. I like your positivity. Good advice to travel when young. I'm glad I did because my health gave out as I aged faster than I thought I would. I'm stll 24 and healthy inside. I am a minimalist in my own way. God bless.
YES!!! And I sent your videos to my adult children!!!!
Wow your subs have gone 10x in so little time. Good for you!
Another excellent message shared on your channel. Thanks.
i have rewatch this video a few times, i just like it very much
You’re very entertaining….love your work ❤️🇦🇺
100% I live in a rural area. Pay $300 in rent. Yes I’m paying off a car, but it’s a Jeep Wrangler and off roading is my passionate hobby.
I’m pretty new to your channel and already loving it...something inside me was telling me to live a more frugal life, love the tips and and advice, thank you.
Already subscribed but hadn’t ‘liked’, just did it 👍 loving your channel!
I love your lifestyle ❤️❤️
Experiences over things every time 👍
New sub. My husband and I went in lots of vacations but ninety eight percent of all ours were camping.
You give me energy
Thank you for your videos. I too have become a frugal minimalist only spending on what’s most important to me. I have learned to save money and I thank you for your advice.❤
I'm 21 and I have just recently discovered your channel and your content is really helping me figure out what is really important in my life so thank you !
Colorado looks amazing
I love your channel! ❤ I am totally aligned with your values and I love your authenticity and humor. You bring joy to my days and lots of practical wisdom. 🎉
It seems to me that you are living your life in accordance with your core values. I believe this is the very essence of true happiness. And how lucky you are to have figured this out at such a young age! Best wishes from the Netherlands.
You're my fave youtuber now! Im addicted to your videos..much love from the Philippines 😘
Muchas gracias Austin. Your videos are full of wisdom and inspiration.
I got a bit preocupado when I didn't see new ones coming up, but I am glad to see thal all is well. I wish you the best and success in your life.
Yes!!!! I love weekend camping vacations!!!
They're great!
Just came across your page yesterday. So far I love the content. I wished I would have started on my financial journey earlier in life. My goal is to retire and live in the mtns also. I have been looking at cabins in Colorado to get an idea of how much I will need to start saving and planning. I am overwhelmed right now. Thanks for your tips!
Life changing content and channel 👏🏼👏🏼👏🏼
I went to NYC from Providence round trip a day trip only spent $30 for bus fair and food. (Megabus) and good quality NAVY ARMY STORE I have a military jacket that I use as winter coat that is use a blanket it’s 14 year old and I still wear it.
very wise opinions
Keen to hear your thoughts on buying / renting a home.
Lovee your chanel!
Thumbs up and subscribed!
Austin, today I subscribed. And of course, I smashed that like button.
Life Yang, today I smashed the heart button.
I truly admire what you do 😊thanks for sharing your KNOW -HOW
I am much older than you but I still believe I can learn a lot and improve my daily quality of life thanks to frugality and sustainable minimalist.
If you get these 4 Categories under control, you are set for life.
*Transportation* We usually use our E-Bikes for transportation w/ a bike trailer in tow.
*Housing* We have DIY Solar which reduces our Power bill from $350 to $250 a month. Remember we also charge our E-car 1x a week. We do not pay a water bill. Our home is smaller than the average home so that helps cut costs.
*Food* We grow 50% of our food. Dirt is a a natural antidepressant
*Health Care* We are on Medicaid 4 months a year to avoid paying a $100 a mont fine in Calif.Receive 20% off of our power bill due to re-certifying each year when we are on Medicaid and have no income. We work a small, home-based business seasonally
We are growing that emergency fund. I put $10 weekly in it. We're dumping debt so that we can add more to that. We almost invariably go camping and just hang out at the campground. I love waking up to bacon frying.
Why did you get into debt in the first place? It's common knowledge that debt is crippling... I've been very poor, but always lived below my needs. Curious, why would a person consider borrowing, instead of lifestyle adjustments... Thanks in advance!
I subscribe to a mere two UA-cam Channels, and I'm very pleased to say you're one of them, Austin Williams.
Subscribed. I enjoy supporting channels that teach basic common sense. We can all use what you are promoting.
Welcome!
I have a folder in my UA-cam named "money-economics" and regularly grows with videos that are more useful than uncomprehensible, also, I revisit this folder regularly, and often I find something that slightly escaped my attention, your videos are fattening the folder and being revisited. Txs a lot.
Awesome! Glad to hear they are providing value in your life!
I like that your videos are fast... never boring, always interesting.
Try to move quickly so you stay!! haha
Austin i got a word for you, and it´s "YESSSS"
So wise, love your style you are going to explode on YT!
I appreciate your kind words! Fingers crossed!
Eso no funciona para todos pero gracias por compartir! De todo se aprende
Amen 💕
You’ve got my subscription 👏
Boy, Austin, do you resonate with us. And we were at Maroon Bells 3 years ago before we left CO to move to UT!
It's a beautiful hike!! I'm doing it again this year!
GREAT CONTENT!
Thanks!
Fantastic info. As you said at the beginning, everything is not for everybody. My biggest take away from your videos is how you realized what’s important at such an early age and stage of your life. You didn’t succumb to social expectations and are living on your own terms. While a few of the comments may pick apart your elements of your message: Eye on the ball, people…eye on the ball. Many of us got caught up in consumerism and made a lot of financial mistakes. Got into this frugal/minimalist lifestyle later than sooner.
Keep up your messages.
I appreciate your kind words, Alyssa! I try to never take anything personal in the comment section, haha!
We are very similar. I taught abroad in two different countries. I also visited over 40 countries. I now own an investment and insurance agency.
I like the way you look at life and finances. Very insightful and glad to have found you.
This is such an inspiring and very informative video. Your story is a proof that achieving financial freedom and stability knows no age and it's really dependent on our actions and mindset. A healthier actions and mindset will always lead us to a debt-free life.
Good perspective. You spend money on experiences and things for a better term that contributes to your life. I would add. If you are driving a beater and your goal is let's say a Lamborghini, don't first buy a VW, then a BMW then a Mercedes and finally your dream car. Save and invest for your dream car and when the time comes, buy it in cash.
Many of the best things in life are free.
You’re a natural at talking to the camera. I’m really finding value in your videos. Only watched two but I already am loving your channel! Thanks Austin!
U are amazing.
Thanks for your ideas sharing! Austin, is it only me to notice the sound of this video a bit low. I have to turn on my cell volume to max level so that I can hear it clearly.
Awesome ❤videos 🎉
I thought i was the only one that thinks this way. Thank you for making me feel normal
Nice❤😊
You have really decent advice. It's very value/principle-oriented and not some random small-dollar-value advice like "don't buy fabric softener," etc. Gee thanks, 20 mins of my life gone to save what $10?
#7 is what I want to start doing. I have family that I have not seen and I need to put aside my lazyness and just take short trips to see them. My mother is too old to travel like she use to, my sister has too many kids to pack up and see me and my place in San Francisco has no parking so it's hard for people to come see me. I think since I do love my family, it's my job to suck it up pack up my dog LOL and get my butt out there. I move every year sometimes every other year state to state sometimes out of the country, so travel is something I just see as stress.
Love your bed room than the kitchen , because it more beautifully and organized lol,
Thanks for the feedback! I'm pretty limited on space where I can film!
Your sessions help me one hell of a lot grounding myself in a new lifestyle which i have been thinking of but sort been unable to really verbalise..
Awesome! Happy to hear!
Muy buenos consejos Agustin
Los tendré en cuenta en mi día a día.
Saludos desde México.
Hi tell me what do you do for a living.I would love to travel,but living in South Africa,air fare is extremely expensive.great video.
I Believe the best things in life are free and, I always lived like that ..I love nature.. my fur babies the sunsets and ,the Sun rises the walks in the park with my grandchild.. the laughter shared with friends and so much more that cost no money at all.. that to me is living the best life.. already got it packed down Austin I'm 65 but it's nice that you're reminding people all about it
Spend good money on the things which separate you from the ground: Shoes, tyres, and bed.
not just tyres but vyhcles 😅
The question about whether something will carry on costing you money . I have a pony which costs me a fortune but for me is worth every penny . It’s a good question and sometimes the answer is yes but is still worth it . Thank you , I love your channel ( 64 year old woman from Derbyshire , England )
Wow, you're a very rich person! Do you cover pony's expenses yourself? If so, how did you earn that much? You could be my role model...
Great Vidio.! Really!
Thanks!!
My hubby loves going to the cafe everyday. He spends at least 1-2 hours there, out of my hair 🥰.
We can afford it, absolutely great for both our mental health.
Like a number of the people who commented here, I also just discovered your channel. I have subscribed and liked your video. I enjoy your content, your message, and your presentation. Good job!
Welcome!
Can you do a video on household items you buy and don't buy?
Love your channel. My thoughts exactly!
I like your videos
Thank you!!!!
jajaja me encanta tu espanol al final de cada video.
I totally agree. Im Tour Guide In Johannesburg, South Africa.
I love travelling. The same try food, culture, humble stay.
Are you greek? Portuguese? You look like maybe Spanish, Italian?
I speak Portuguese. From Mozambique. Moved to South Africa has been 25 years.
I dont mind spending money on tools and gear that can help me earn back the money i invested .
Like
>Drils
>Welding machines
>Angle grinders
>Bicycles
.....
Fresh produce! We garden as much as we can, but I also spend money on fresh produce.