Congrats to the five winners of "Rich Dad Poor Dad" 1.) Malthe Have Musaeus 2.) xXSparkJayXx 3.) Investing Hustler 4.) Ryan Scribner (LOL gotta be fair though) 5.) Levertis Brock
My son is back from Army and I wanted to give him a BIG party for his birthday. I miss him so much that I wanted to show my love this way. He asked for an intimate dinner with his girlfriend and my husband and I. I spend $50 at Costco for a delicious steak dinner and gave him the rest in a Costco gas gift card. He was very thankful.
Try to get a girlfriend when you are around 25-30 years old. If you are going to college, get a girlfriend then unless you don't want to have a girlfriend.
You're pretty wise for your age. Most millionaire's are poor at first and use their money wisely. they also take big risks and think big picture while starting with little ideas and little money
I love your videos. You are genuine and honest, and your advice is very relevant. I'm 37 and I have what many here in Canada would consider a good job. However, I was raised by parents with not much money, and I kept their savings habits. Here are some of my most effective ways to save or make money 1) I invested in my education and now have a very well paying job for my federal government with a pension and insurances. Also, being French-Canadian, learning English alone probably is responsible for half my professional success. My job in a Deputy Minister's Office requires bilingual employees. 2) Biking to work. All in all, the low maintenance bike I bought and used for 8 years of commuting (so far) saved me about $6k in monthly bus passes. 3) Keeping everything I buy until it's completely worn out. I do this for everything. Clothes, tech etc. 4) Having a small home or apartment near work. Insurance, maintenance and everything is cheaper when it's smaller. Also, being near work allows me to bike to work. Ok this is becoming a wall of text so I'll stop. But I could write forever about this.
When your wearing your new yeezys, watching this video on an iPhone x whilst drinking bottle water while eating out, smoking a thiccc cigar, getting vitamins and I'm about to call my financial adviser to see why I'm so poor.
Casey LoL I’m sitting here nodding to some of these mentions in the video and knowing it’s only to justify my indulgence in high end hair products, skin care, salon services, and my weed habit.
1.) Please share any of your own personal finance tips with other viewers! 2.) The five winners of "Rich Dad Poor Dad' will be chosen at 11:59 p.m. EST tonight!
Asyris King yes xiaomis are great value do they have better processors and gpus then iphones absolutely not im no apple sheep but when it comes to processors apple has a clear advantage as it is optimised for iphone
Has anyone else have problems with Verizon messenger plus? I have spent hours on phone with tech and been to the store back and forth. 6 weeks, no text
Hum. Your a pretty smart cookie. I bet your mother is proud. Enjoyed listening to this one as well as a couple of other videos you have on here. Great job!
No lottery tickets. Put your lottery money into investments instead. You will actually get a return on your investment instead of throwing your money in the garbage! Resist the Lottery
100% true. However, I must admit that I did purchase one (1) powerball ticket in 2016 in San Bernardino when the winnings were $1.6 billion!!!! It was the only lottery ticket I have ever bought and to be honest it was worth it because I had so much fun joking with my friends about what I would do if I had won. I gained $2 worth of entertainment from buying the ticket but I'll never buy one again!!!!
YES, thank you. I am the only one at work who doesn't pay to the office lottery pool. Check out this math $4 per week for 52 weeks= $208 I've been avoiding it for 20 years. $208 x 20= So far I have saved $4,160....and counting
5 Things I Don’t waste my money on! 1. Expensive pampers( hahahaha ) I have a kid and I use average pampers. We don’t use the really cheap ones but the ones in the middle. They work just as good. 2. Expensive Engine oil ( I use good quality oil but not the expensive ones my friends recommend or the car Manuel. 3. Haircuts!! I let this guy that’s the cheapest in town cut my hair but he does a good job and I try to go every two weeks instead of every week. 4. Fuel for my cars. I try my best to only drive my gas saver versus my car that burns a lot of fuel. Such as my truck 5. Last but not least! When I go somewhere I try to leave my lady at home 😂😂 She love spending freaking money!! If I leave her at home I’ll save a lot more!!
I saved at least $2k on diapers here in Canada by using reusable cloth diapers. As an added benefit, my daughter was clean at one and a half years old. She was probably as sick of them as us parents!
I agree completely and I have practiced these rules since for over 20 years! 7. Expensive Phones (I have a low-end Samsung, still does a great job and my monthly plan is super low) Annual savings: $30x12= $360 6. Bottled Water (I have never bought bottled water from a supermarket. Ever! In extreme desperate cases or when it's offered for free and I am really thirsty, I'll have one) Annual savings: $100 5. Overpriced Food (Packing a lunch for work since I was 18, healthier, cheaper and easier than running out to buy lunch) I go out for dinner occasionally (no alcohol/desserts) Annual savings: $1,300 4. Addictive Substances (Cigarettes and illegal drugs are bad for you and incredibly expensive. Annual savings: $3,000 (a person I work with smokes a 1/2 pack a day which is about $8/half pack) Why people spend $3000 a year to get to an early grave is beyond my comprehension. 3. Multivitamins (I take these but infrequently) maybe they work, maybe their useless. Annual spend $-30 2. Full Price Clothes (I buy clothes inexpensively, buy on clearance, I stay away from name brands, and only buy some throughout the year.) Annual savings: $100 x 12 = $1,000 1. Financial Advisors (I do pay for this service, very smart guy who has served me well) Annual % spend $500 So in total, by following these tips, I save $5, 230 CAD every year. THAT is how you save money every year and repurpose it for other things (pay down mortgage, invest in stock market, etc). BONUS: -I also drive a reliable 10 year old car that has been paid off 6 years ago. I figure if I were to lease a new car, or always be financing a new one, it saves me $3600 annually as well! -I don't have a TV/cable bill. I use three home made HD antennas. (look it up how to build one on YT) I get 30 channels crystal clear. $360 per year savings (at minimum) -I don't buy movies or music, The internet and library has all I need for entertainment. -I avoid coffee shops, jewelry, and other unnecessary things
Nate, you are wise beyond your years, good advise. Two more things to add : 1) don't pay for TV, digital is free, dvds from thrift stores, streaming is free etc; 2) depending on the condition and value of your paid for car, just carry liability insurance, that's all the laws say you must have.
I'm a smoker and what you said about cigarettes really has me thinking if it's worth it haha...glad I found your channel dude I'm digging everything I've watched so far!
Do the math on an annual basis. It will blow you away. A co-worker smokes 1/2 pack a day. She tells me one pack is about $16. That means she spends$2,920 each and every year to reach an early grave! Quit today! If you don't invest it, have a really nice annual vacation!
You could also look into making your own cigs. You can save a ton of money with that. The down side is you are using pipe tobacco which sucks honestly. Made me want to quite the first day I tried it.
Even if you buy a carton and smoke a half pack a day that is a carton and a half per month. I don't know how much cartons are here in Dallas but lets say they are 60 bucks. 90 bucks a month for 12 months is 1080 bucks a year. When you stretch things out over a year small money adds up to big money.
I'm a Registered Nurse. One of our emphysema patients could not pay for his inhalers, because he spent all his money on cigarettes. He was constantly being hospitalized. He died at a young age.
With phones it's usually the camera that attracts people these days. Especially filmmakers since you can have a camera with you all the time but I completely support you're opinion.
Many goodwills and other thrift shops actually carry gently used (or brand new, especially if they’re located near big malls) name brand clothing for very low prices! It’s definitely worth checking out the selection before going to the mall or other more expensive stores.
Here is my full reply to this video. Nate O'Brien, if you follow your own suggestions and I believe you do, you could be a millionaire in the next few years. Restaurants are out altogether if you know how the food is prepared. You can buy a 6lb. tenderloin for around $50.00 which can be cut at home into about 12 to 18 filet mignon steaks. 15 would then cost $3.33. Add a Classic Caesar Salad or Fresh Garden Salad with a side of a favorite vegetable, topped with Garlic Toasts, then Expresso and Gelato for dessert. Final cost for 15 meals would be about $65.00 depending on what grocery store you shop, equals $4.33 per meal. Be sure to serve yourself with formal place settings and it's okay to add candles. You have the $50.00 dinner for 90% less. I served my family of 5 dinners like this when it was during the skinny budget years. There was no tipping, no traffic jams, no loud noises, no fighting for parking spaces, no waiting for tables & no poorly cooked foods. There are many great company recipes for a house full & no extra charges for the fun.
When I lived in Missouri my family used to buy bottled water because the water in our town was absolute crap. Tasted like pool water. The running joke was that all the stupid/crazy people drank the tap.
From age 18-24 I didn't own a car. I rode my bike to work every day and took the bus on snow days. I figure I saved about $3,000 a year (car insurance is very high at age 18-24) and car repairs and maintenance. I saved that money in a regular bank account and used it for a down payment on a house. I have never paid a landlord, since I moved away from home directly into my first house at 24! To this day, the best financial decision I made was not to buy a car when I was younger. I got into the real estate game 10 years ahead of my friends. HUGE advantage!
@@fabioribeiro4627 best advice is to have a really good look at your finances. Where does your money go. What you spend money on. How much do you save? Where can you trim your spending (and still have a "life" and have fun. Just as this video says, little things all add up
First, LG is not a knockoff brand. It's pretty legit. Also the more expensive phones have more RAM, faster processor, high resolution screen, better cameras, more storage, etc. Apple is overpriced, but there are still way better phones if you pay more. Bottled water is necessary in some places that don't have clean tap water. It's also not that expensive, so it's not gonna make or break your bank account. There are vitamins/supplements that are extremely good for your body like fish oil and are well worth the money. Getting a good accountant is important, maybe not financial advisor since you can research a lot of things on your own. But people do pay money for consultants to help them make good business decisions, since not everyone has the time to research on their own or need a more experienced opinion. Most of these things aren't things that will change your life if you save money on them. It's more about how much you spend on things you don't really use everyday, rather than saving a little bit of money here or there.
Great info Nate! I know about the bottled waters! All that plastic contaminating out Earth and having to dispose of it is expensive too when townships have to recycle it! 🌻
Only towns don’t really recycle much of it, generally. Most waste meant for recycling is sent to Asia and other third world places and the garbage just stays there.
1.learn how to work on your own car. 2.get a walmart buzzer and cut your own hair long term . ( you will get better over time ) 3.Learn how to cook ramen or spam different ways , this will take a good stomach but $$ saved 4. Tell others you are training for a marathon and run to and from work. ( street credit plus gas savings$ ) 5.Dont buy mens razors, shave with buzzer mentioned in section 2 6..dont buy mouthwash, hydrogen peroxide works better and is 1/4 the price ( 3 % concetration) 7. set up a debit account with only 5 dollars in it.. so when companies want you to do a free trial but will charge you later , theres no money in the account ( activate overdraft protection asap 8.if you owe the IRS , set up a payment plan ,, No matter how petty the money is still better in your account than theirs ( this is a good rule for all debts not charging interest , especially medical 9. wear whatever clothes are cheap , like walmart. If a woman is attracted to you they really dont care what youre wearing .. When you get older this will become obvious 10.. carry NO DOZ on you at all times.. When people you are with get coffee, pop a no doz.. theyre 20 cents /pill and same caffiene as a coffee 11. Stop by the local college health clinic, grab a handful of condoms .. theyre free.
I tried avoiding your videos for a while as I know I have to correct so many stuffs in my life. The “recommended list ‘ did not leave me . Here Iam .. just subscribed to your channel , liking it and going to follow it to the T 😀 Thanks for all the practical suggestions
I used to want to be a financial advisor until i learned about the cost of expense ratios. I never felt good enough about them. Plus I wonder what that industry will look like in twenty years with all the indexes and robo advisors.
Your comment poses a very interesting question. Technology seems to continuously replace humans in the workplace. I wonder what the workplace will look like in 50 years!
Jason, hi ! Betterment and wealthfront have some serious skin in the game now, so I agree. I think both are good for the average investor.. I actually opened up a small a wealthfront act to see what they can do.. They mostly use Schwab and vanguard etf's ..
You're welcome, it's a standard diversified portfolio allotment. By the way, I'll be finished with the book by tomorrow, scroll 2 is my favorite ❤️ followed by scroll 4 🙂
Totally agree with the first 6, I really good financial advisory can make you more money though however a bad one can cost you a ton of money. I'm huge fan of vanguard investments with there low fees so that is great place to put your money.
I work at a Supermarket, and liquor and cigarettes sales would make up to close to 2/3 of weekly sales. Junk food and soft drink follow very closely behind. It’s crazy....and eye opening!
another tip added on to the bottled water, is when you go to a fast food place for example, you get your food and then ask for a cup of water. they cant say no
Bottled water all depends on the area you live in for example if ur living in a urban area like a large town or city the water quality will not be high and drinking it over a long period of time can have health consequences
Mr. Nate, I agree with you on all the points, but believe me, I can easily go through a lot of spaghetti for dinner; instead of 75 cents (& to quote Chef's Dad)....more like "...Three-Fiddy..."! Keep up the great work Nate!
Haha thanks for leaving your thoughts as always! If you can't afford spaghetti you might have to settle for Ramen noodles which go for about $0.12 per pack!!!!!!
Some savy saving hacks that I do is: -UA-cam DIY/Tutorials for repairs -Sew the holes on my clothes -Stopped buying makeup -Making my Breakfast/Lunch/Dinner/ Desserts (Prep. Meals saves on time) -Legumes is the way to go for healthy and cheap food alternatives -Go to the library to rent books/DVDs/CD's -Check out the FREE section on Craigslist -Before throwing out a soap bottle. I fill up with a bit of water and shake it. It will still have enough soap for a few more uses. -Sample items at the mall -Buying in bulk/Kirkland brand products a.k.a Costco -Brewing my own coffee -Thrift stores, especially on sale items I have more hacks but this is all I can come with at the time. After a while of getting in the habbit of saving it becomes easy and almost like a challenge of what can I cut out so I have save money to invest.
Since I was about 13 or 14, I learned to cut my own hair. I made plenty of mistakes, laughed at and so on. But my family couldn't afford weekly or biweekly haircuts. So I am pretty sure I have saved well over $5000 by cutting my own hair.
Actually the average expense ratio is 1.5%. It’s sooooo expensive. I did a video on expense ratios and proved that you’d lose like $500,000 over a lifetime investing with a stupid 1.5% fee
my vitamins are a MUST have but all the others I agree with you on. note- you can buy last year's newest nicest phone online for cheap, my whole wardrobe comes from thrift stores and clearance racks - i love the hunt- , and with a nice filter and a vacuum sealed cup (or a few) you have something MUCH better than bottled water
Also bottled H20 can be a great and convenient part of Your emergency supply kit if You reside in areas prone to earthquakes, hurricanes and floods. ...
in germanz 1,5l water costs 19cents, and you pay an extra 25cent, which you get back when you bring the bottles to the super market, so they can recycle and reuse them
I'm a teen and I spend a lot I buy my clothes,shoes, subscriptions, tech. I know I really shouldn't spend but I grew up with very little and cheap shit, so kinda makes happy and proud that I own nice things. I gotta start being smart with money now since I'm about to start college and my adult life
I pay 1% for someone at my bank ("wealth manager") to handle my investments. Last year (2018) I lost money. He said it was because of the losses the market experienced in December of 2018 (the worst is many years). When I told him that even though I lost money he got his fee. He smugly told me "yeah, well that number doesn't go up when you do real good". I was speechless. I think I am wasting money with this guy. My stocks are lucky to grow at a rate of 5% because I asked him to structure my investment strategy in something a bit moderate (not too aggressive therefore at risk to big losses). My growth after fees is abysmal and I was wondering what method or resource that you would recommend so I can fire my financial advisor and learn how to handle my investments on my own. Thank you, LG.
5% is abysmal. Especially when you account inflation and on top of that he takes a piece. I am 20 so I don't have a lot of money but what I am doing is putting away half of my income (I have few expenses, live with my grandma) into a peer to peer lending portfolio. I know I'm going to have to diversify soon but at the moment I am getting over 11% returns by investing in short term loans. There is risk of course but I only buy loans with a buy back guarantee, which means the organization that gave out the loan will buy it back if it defaults. I also invest across several different loan originators to minimize the risk of losing money (if these organizations fail).
In Europe, you have some brands of bottled water who use glass bottles. You pay a small warranty for each bottle and get the money back when you bring them to the shop. You have this for some yoghurt brands too. Even if most people still buy the plastic bottles, I think this is the future; using this kind of system would reduce the amount of wasted plastic. Anyway, I buy the water I drink because I love the taste, but filter the tap water for cooking. And I agree you don't waste money this way.
Nate O'Brien if you follow your own ideas you will be a millionaire in a few years. What $50.00 Steak? You can buy a 6 lb. tenderloin for about $50.00. This can be cut at home into several filet minions (14 to 18 steaks). A few UA-cam Videos can teach you how to prepare them. Serve yourself at home using formal dishes and settings. Add a Ce
I'm guilty of being that expensive girlfriend (not on luxury stuff or clothes or spas, more on things like fancy cameras, books, entertainment activities, eating out, etc) -- my bf was happy to hear I've been slowly cutting back -- he has you to thank Nate!
I got on every dollar app for budgeting and it works great. I literally felt like I got a raise. eating out is a huge waste save for a few special occasions. one thing I'll admit to is I smoke but only a pack a week, normally just 2 a night while I have a beer and watch some financial vids like yours! keep saving bro! Also a big one you dident mention is cars! worst waste of money ever. we have 2 cars paid about 5k for one cash and 7k for the other. both great. but I have a lot of friends paying 700+ a month in car payments. not me all that goes into the bank and occasionally I have to fix something but I doubt i spend 1500 a year on regular maintenance AND things that break unexpectedly. course I'm really handy with cars and do all my own work.
Beans and rice and PB&J are cheap. A big bag of of mixed veggies with some pepper and a little butter are great. You will get all your vitamins, carbs and protein that you need. You can eat on 20$ a week.
I actually buy bottled water for the summer. I don't have any air conditioning in my apartment, (I do drink tap water in there). I'm out a lot and don't drive a car so I have to walk most of my destinations along with the bus, so bottled water helps cool me down, plus ACTUALLY saves me a lot of money so I don't have to buy expensive drinks, I just buy bottled water where it's convenient especially since the water fountains are shut down in most places due to COVID and I wouldn't trust one.
An old saying my grandmother used sometimes was, "A wise man builds his carriage in winter, and his sled in summer." (the horse-carriages and horse-pulled-sleds of long ago.) 😁 Your tip about buying clearance clothes reminded me of this saying. Also, if you read Charles Munger's thoughts about financial planners, you'll be reluctant to ever hire one. 😁 Good job with your video.
I have a restaurant side gig/10-18hrs week. We get free food, and the owners dont care if i just bring it home. My wife takes it to work. She gets to eat out every day without a cash layout.
I also do not waste my own money on those lists you mentioned. I am in complete agreement with your list. Especially, as an extention to the food category, my pet peeve is never ever to buy a cup of coffee; I brew my own coffee. I also hate eating out and buying products with high taxes (usually addictive products). Yes, financial advisors are a complete waste of money.
😂😂😂I’m guilty of most thing you said no to. I got to have bottom water because I don’t trust sink water. I only shop at whole food. I only buy Apple products my phone laptop desktop charger everything Apple. I eat in nice Restaurants because I can’t cook. I justified eating out by not buy clothing and purse, Bags because I made them all myself. I’m a fashion designer. I don’t buy expensive clothing, only vintage or recycled clothing. And you are correct I don’t have much saving but I enjoy the moment because I don’t know if I’m gonna be around tomorrow though I should try to save more and I think I could save more. I treats my cats the same. I only buys Gourmet food for my cats and including my neighborhood homeless cats that I take care of . so yes I go through $60-$100 a week sometimes just on cat food. It sounds ridiculous but I enjoy everything I do. I work very hard for my money for everything I have. I’m lucky that I have good jobs . I am more generous with animals than myself. I spent lots of money on anianimals which is OK. I believe in eating well.
I don't really spend much on other things but I feel that good food is an experience in itself. I like spending money on food and skincare products. Not much else.
U can buy soda in Costco. It is a good deal but they do not tast the same from other stores. Hope u are not surgar addict bc ppl studying or learning usually feel need more high sugar products. The truth is they need more hight protein not sugar for their brain.
Brayden Halvorson the sugar is for short-term. U used it and next time you will add more to gain your energy bc your Brian will ask more and more sugar each time . So the best way is eat more protein( veg) bc it will work better f for long term.
I get bottled water, but not all people have filters and live in areas with high contaminants and heavy metal particulates in our water supply. I buy bottled water because my tap water isn't always clean.
Nate, Thank you so very much for making these videos and helping people. Lots of love, respect, and admiration from Pakistan. I hope you get millions of subs. Thanks once again.
Also, if you really want to save money start growing your own food and collecting rain water if at all possible where you live. Even in a tiny new york apartment you can still grow tons of small vegetables, herbsn and spices, and a select few fruits. Plus it'll be good for your mental health to go from a concrete jungle to an actual "jungle".
I work in the restaurant business and the trick is to buy the cheapest ingredients and ONLY get Higher quality ones if their in sale. its all about the making u cant compare a chef to a regular cook
Agree 100% on everything said but: Chipolti is a bargain as far as I am concerned, $7 and change for a chicken burrito (This is not contaminated like KFC) .
I could never have managed my retirement money on my own. My annuities are very complicated, because they all function in a different way. For some, the difference between .5% and 1% may be well worth it.
♋🦀 I don't like the feeling of ghosting people now because I think at some point I have matured in some way. (I used to ghost people who are not interesting enough for me in the past) But I think ♋🦀 you might be wondering why I am not reacting on your posts anymore. It's intentional. You did nothing wrong?.. idk I low key think you did.. but the bottomline is that I need to set some boundaries. Call me delusional, assuming or whatever but ik the 'connection' in some way is still there. And I feel like its a form of micro cheating on both our ends if we continue entertaining 'this'. And my ♊ is feeling uncomfortable about it. So yah. I wish you well tho - financial goals, ROMANTIC RELATIONSHIP goals, idk maybe fitness goals. She's a great catch. Take good care of her. Idk exactly what your religious beliefs are but God bless.
One thing more, most strong connections take time to build. I was not this comfortable with my ♊ at the start of our relationship. The connection is there from the start but its not as strong as now at present. But despite the struggles in communication, not being to be with him in person we managed to improve it so far. Be patient. Try to get to know her more, open up more. I think some of the best ways that make my feelings for my ♊ stable is we communicate no matter how awkward it can get, I take the time to learn him and my favorite is that I appreciate every little thing he does for me (I'm naturally this way tho) instead of looking for other options. Be clear with your intentions within the relationship and every decision regarding the connection is easy to make. Hala ang dami kong hanash! HAHAHA Oh sya! Basta inexplain ko na hah. Alam ko gets mo naman.
Great video, totally agree with the bottled water, such a waste of money. At the end of the day, it comes down to priorities. Financial independence is not a huge priority for most people which is why most people in North America overall are broke and always will be. I’ve watched your other videos, you have some great content. Well done, you’ve earned yourself another subscriber!
Definitely limit eating out to once a blue moon, but definitely be willing to spend a little extra on higher quality food when grocery shopping. Eating high quality produce will not only taste better, but keep the doctor away as well.
I agree with everything except the bottled water. For the simple reason that most plumbing is old underground and what happens is you start tasting lead and at least to me it turns my stomach but I'm in new York city maybe it's different elsewhere
Totally agree with ya Nate.....glad I came across your channel, probably due to another entrepreneur who after seeing his video on how to make your own Kimchi, why pay so much for the ready made when you can DIY? Thanks man and more power to ya! :)
I agree with the list especially with the eating out, I will say to save money is to make a list before and when you shop that helps, Thanks for vids, could you make some more vids on how to make money online, thanks
For the expensive phone tip, i'm 100% with u on that mindset lmao, people getting super expensive new phone every year while all they offer that you really NEED is just on any other smartphone... seriously
@@-natmac exactly, people just somehow feel the NEED to brag about getting the newest stuff before everyone. I'd say its fine but when the "new" version of a product comes out each year it just is INSANE to keep going with the trend, buying new phone each year is actually sick tbh haha
I might be wrong but what I know is vitamin D comes with multivitamin and Asian ppl specially children need it when they are living in Europe. Also older ppl essentially need some vitamins. I think as vitamin is not a natural thing so just need to be careful using it not because they are expensive. It’s always better to have healthy food all the time.
Vitamins are definitely something the average person needs if they don’t eat only natural foods. Even modern natural fruits and vegetables lack vitamins severely. I’m a nurse FYI. But yeah don’t go overboard, I get multi vitamins and eat them like every other day. Probably spend like $40 a year on it.
With some of these things, it's good to consider TIME you save by purchasing it over not. For example food, I used to cook all my meals, but I'm pretty busy and it just became an extra daily burden (30min-1hr) of my time. Plus I hate cooking. I'd rather pay for food and invest that time in something else, say working out more which is what i've done.
Another angle....I save TIME every single lunch hour not going out to buy lunch, no lines when you eat your home made lunch. Takes me 5 minutes to make lunch. Saves me $1,500 per year easily.
I agree on the phone. I am on well water that is highly mineralized I dont buy water often but sometimes i need to. As you get older you will find that you cant just eat anything you want so your food will cost a bit more because you have to be choosier. I agree about the addictions .... with the exception of love. Love is both the best and worst addiction. Vitamins are good when you are sick and i find i need the boost sometimes but most of the time i let be. I live in my uniforms it seems but when i do dress up i wash the clothes in cold water and i hang them up to air dry them. the clothes really do last longer if you dont put them in the dryer. Also look up a good pair of shoes (that fit you well)that are not glued but stitched to the sole. you wont regret it as they last decades longer than a regular pair of shoes. I agree on the advisor to a point. I think everyone should talk to an accountant , a banker , and a lawyer about finances at least once a decade. They will have insights that most people dont.
I am okay with bottled water. you need it when storm warning. cuz u never know when you will have access to drinking water. now spending every week for bottled water, no. i carry canteen so i can save money. cuz its only $69/month at most for water from faucet. $12/3month for filter. its not that bad
I wonder Nate, what drives you to be so thrifty at such a young age? Did your parents have money when you were younger? I think you’re wonderful! Keep up the great work!!
I buy branded clothing on ebay for next to nothing.......I particularly like Gant, Napapijri, Le Coq Sportif and Timberland and have a great wardrobe for pennies
Ive gotten better with budgeting, mainly cause I wanna be healthier! I too, shop for clothing in the off seasons, like summer in the fall, winter in the spring, and vice versa! Saves me so much moolah! Im totally a fashionista too! Meijers has terrific deals on clearance! I can buy certain tops and bottoms, for $1-$3!! Sometimes even less! However, there are times, when I HAVE to buy the average priced, quality, fitting, jeans and pants. But, if your saving in all aspects of your life, you can afford the pricey things.
Same. How surprise. Now I can believe myself more that Im making progress for sure in financially. Nate. You are smart dude. Also you are really cute. Thanks for this content. This is informative.
Congrats to the five winners of "Rich Dad Poor Dad"
1.) Malthe Have Musaeus
2.) xXSparkJayXx
3.) Investing Hustler
4.) Ryan Scribner (LOL gotta be fair though)
5.) Levertis Brock
What’s rich dad poor dad
Yay!
xXSparkJayXx send me an email! nateobrienofficial@gmail.com
@@johnm4854 it's a book that will change your life forever
Lmao ryan scribner come ooon he probably has 10 already D: i need it lmao
My son is back from Army and I wanted to give him a BIG party for his birthday. I miss him so much that I wanted to show my love this way. He asked for an intimate dinner with his girlfriend and my husband and I. I spend $50 at Costco for a delicious steak dinner and gave him the rest in a Costco gas gift card. He was very thankful.
I’m planning not to have a gf till I’m 65. Right now I’m only 14. Save time and money.
51 years of being alone doesn't sound like too much fun!
😂😂😂
by the time you save money, a gf will be right at your door
Try to get a girlfriend when you are around 25-30 years old. If you are going to college, get a girlfriend then unless you don't want to have a girlfriend.
Why do gf's necessarily cost money? Are you sure you don't mean hookers?
You're pretty wise for your age. Most millionaire's are poor at first and use their money wisely. they also take big risks and think big picture while starting with little ideas and little money
Thank you!
"Most millionaire's are poor at first" lol
I love your videos. You are genuine and honest, and your advice is very relevant. I'm 37 and I have what many here in Canada would consider a good job. However, I was raised by parents with not much money, and I kept their savings habits.
Here are some of my most effective ways to save or make money 1) I invested in my education and now have a very well paying job for my federal government with a pension and insurances. Also, being French-Canadian, learning English alone probably is responsible for half my professional success. My job in a Deputy Minister's Office requires bilingual employees. 2) Biking to work. All in all, the low maintenance bike I bought and used for 8 years of commuting (so far) saved me about $6k in monthly bus passes. 3) Keeping everything I buy until it's completely worn out. I do this for everything. Clothes, tech etc. 4) Having a small home or apartment near work. Insurance, maintenance and everything is cheaper when it's smaller. Also, being near work allows me to bike to work.
Ok this is becoming a wall of text so I'll stop. But I could write forever about this.
Thank you very much for sharing my dear, I really appreciate it...
I quit smoking a month ago just to get starting in investing.
That may have been the smartest decision you've ever made! Congrats my friend!
Only have to pick great stocks now :) I am not out of the woods yet. They are called addictions for a reason.
Great job buddy! It’s not easy. I used to smoke 40 cigs a day. It’s hard work. Just watch what you ate because I gained!
BR Investing what an smart idea, bravo😎
@@BeaverOwl Have you stopped now?
When your wearing your new yeezys, watching this video on an iPhone x whilst drinking bottle water while eating out, smoking a thiccc cigar, getting vitamins and I'm about to call my financial adviser to see why I'm so poor.
HAHAHAH these are just some of my ideas! You do you!
Casey LoL I’m sitting here nodding to some of these mentions in the video and knowing it’s only to justify my indulgence in high end hair products, skin care, salon services, and my weed habit.
@@NateOBrien I agree with about 75% of your ideas
Oh shit im weak lol🤣🤣🤣
This guy 👌
1.) Please share any of your own personal finance tips with other viewers!
2.) The five winners of "Rich Dad Poor Dad' will be chosen at 11:59 p.m. EST tonight!
Nate O'Brien how do get entered in rich dad poor dad contest? Was this in another video, I would love to enter to win:-)
Addictive substances includes caffeine like soda and coffee as well. People spend an unbelievable amount of those things
Just make $.20 iced coffee. ;)
Try a slice of lemon in water. It will flush your liver and gallbladder.
an LG phone isnt a knock off its just an LG
Yea, there’s just low-end, mid-end, and high-end smartphones. Unless you get a knockoff iPhone from China that runs Android lol
Yeah, Apple (and arguably) Samsung have really skewed public perception of phones. Super interesting that non-iPhones are seen as knock-offs.
Asyris King
yes xiaomis are great value
do they have better processors and gpus then iphones
absolutely not
im no apple sheep but when it comes to processors apple has a clear advantage as it is optimised for iphone
Has anyone else have problems with Verizon messenger plus? I have spent hours on phone with tech and been to the store back and forth. 6 weeks, no text
Hum. Your a pretty smart cookie. I bet your mother is proud. Enjoyed listening to this one as well as a couple of other videos you have on here. Great job!
No lottery tickets. Put your lottery money into investments instead. You will actually get a return on your investment instead of throwing your money in the garbage! Resist the Lottery
100% true. However, I must admit that I did purchase one (1) powerball ticket in 2016 in San Bernardino when the winnings were $1.6 billion!!!! It was the only lottery ticket I have ever bought and to be honest it was worth it because I had so much fun joking with my friends about what I would do if I had won. I gained $2 worth of entertainment from buying the ticket but I'll never buy one again!!!!
YES, thank you. I am the only one at work who doesn't pay to the office lottery pool. Check out this math
$4 per week for 52 weeks= $208
I've been avoiding it for 20 years. $208 x 20= So far I have saved $4,160....and counting
One thing I do to save money is workout and also buy plain-color t-shirts for a really good price. Working out helps me look good in them. 😎
I used buy t-shirts from JC Penney, because they lasted longer.
yeah bruh , I am really agreay with espically for phones and mulivitamines
maximum Big
5 Things I Don’t waste my money on!
1. Expensive pampers( hahahaha ) I have a kid and I use average pampers. We don’t use the really cheap ones but the ones in the middle. They work just as good.
2. Expensive Engine oil ( I use good quality oil but not the expensive ones my friends recommend or the car Manuel.
3. Haircuts!! I let this guy that’s the cheapest in town cut my hair but he does a good job and I try to go every two weeks instead of every week.
4. Fuel for my cars. I try my best to only drive my gas saver versus my car that burns a lot of fuel. Such as my truck
5. Last but not least! When I go somewhere I try to leave my lady at home 😂😂 She love spending freaking money!! If I leave her at home I’ll save a lot more!!
Tay&Jay 3x lmao! That last one is big facts! Women, I tell ya, will bleed you fuckinh dry haha!!!
Ruthless Bone you know I’m right haha!!
You had me laughing out loud on #5 HAHAHAHA I'm taking notes 👍
I saved at least $2k on diapers here in Canada by using reusable cloth diapers. As an added benefit, my daughter was clean at one and a half years old. She was probably as sick of them as us parents!
I need to leave myself at home. 😂
I agree completely and I have practiced these rules since for over 20 years!
7. Expensive Phones (I have a low-end Samsung, still does a great job and my monthly plan is super low) Annual savings: $30x12= $360
6. Bottled Water (I have never bought bottled water from a supermarket. Ever! In extreme desperate cases or when it's offered for free and I am really thirsty, I'll have one) Annual savings: $100
5. Overpriced Food (Packing a lunch for work since I was 18, healthier, cheaper and easier than running out to buy lunch) I go out for dinner occasionally (no alcohol/desserts) Annual savings: $1,300
4. Addictive Substances (Cigarettes and illegal drugs are bad for you and incredibly expensive. Annual savings: $3,000 (a person I work with smokes a 1/2 pack a day which is about $8/half pack) Why people spend $3000 a year to get to an early grave is beyond my comprehension.
3. Multivitamins (I take these but infrequently) maybe they work, maybe their useless. Annual spend $-30
2. Full Price Clothes (I buy clothes inexpensively, buy on clearance, I stay away from name brands, and only buy some throughout the year.) Annual savings: $100 x 12 = $1,000
1. Financial Advisors (I do pay for this service, very smart guy who has served me well) Annual % spend $500
So in total, by following these tips, I save $5, 230 CAD every year.
THAT is how you save money every year and repurpose it for other things (pay down mortgage, invest in stock market, etc).
BONUS:
-I also drive a reliable 10 year old car that has been paid off 6 years ago. I figure if I were to lease a new car, or always be financing a new one, it saves me $3600 annually as well!
-I don't have a TV/cable bill. I use three home made HD antennas. (look it up how to build one on YT) I get 30 channels crystal clear. $360 per year savings (at minimum)
-I don't buy movies or music, The internet and library has all I need for entertainment.
-I avoid coffee shops, jewelry, and other unnecessary things
Yep! Simple life is great.
You are never poor.
Nate, you are wise beyond your years, good advise. Two more things to add : 1) don't pay for TV, digital is free, dvds from thrift stores, streaming is free etc; 2) depending on the condition and value of your paid for car, just carry liability insurance, that's all the laws say you must have.
I'm a smoker and what you said about cigarettes really has me thinking if it's worth it haha...glad I found your channel dude I'm digging everything I've watched so far!
Do the math on an annual basis. It will blow you away. A co-worker smokes 1/2 pack a day. She tells me one pack is about $16. That means she spends$2,920 each and every year to reach an early grave! Quit today! If you don't invest it, have a really nice annual vacation!
You could also look into making your own cigs. You can save a ton of money with that. The down side is you are using pipe tobacco which sucks honestly. Made me want to quite the first day I tried it.
Even if you buy a carton and smoke a half pack a day that is a carton and a half per month. I don't know how much cartons are here in Dallas but lets say they are 60 bucks. 90 bucks a month for 12 months is 1080 bucks a year. When you stretch things out over a year small money adds up to big money.
I'm a Registered Nurse. One of our emphysema patients could not pay for his inhalers, because he spent all his money on cigarettes. He was constantly being hospitalized. He died at a young age.
With phones it's usually the camera that attracts people these days. Especially filmmakers since you can have a camera with you all the time but I completely support you're opinion.
I'm opinion? Cool.
AFA Films stop being an asshole lmao
No it's really the need to feel cool and up to date
But yeah that too
Many goodwills and other thrift shops actually carry gently used (or brand new, especially if they’re located near big malls) name brand clothing for very low prices! It’s definitely worth checking out the selection before going to the mall or other more expensive stores.
Committing to improving my cooking skills is saving me loads of money. Whatever your fave dish is when you go out, you can learn to make it!
If you can start growing food, theres loads of good channels about it and the benefits of it.
Here is my full reply to this video.
Nate O'Brien, if you follow your own suggestions and I believe you do, you could be a
millionaire in the next few years. Restaurants are out altogether if you know how the
food is prepared. You can buy a 6lb. tenderloin for around $50.00 which can be cut at
home into about 12 to 18 filet mignon steaks. 15 would then cost $3.33. Add a Classic
Caesar Salad or Fresh Garden Salad with a side of a favorite vegetable, topped with
Garlic Toasts, then Expresso and Gelato for dessert. Final cost for 15 meals would be
about $65.00 depending on what grocery store you shop, equals $4.33 per meal.
Be sure to serve yourself with formal place settings and it's okay to add candles. You
have the $50.00 dinner for 90% less. I served my family of 5 dinners like this when it
was during the skinny budget years. There was no tipping, no traffic jams, no loud
noises, no fighting for parking spaces, no waiting for tables & no poorly cooked foods.
There are many great company recipes for a house full & no extra charges for the fun.
Make your own coffee... I don’t but I should start!
Get a kreg
Just stop drinking coffee
TPA tennis coffee is biggest waste of money make it at home. also agree about bottled water my tap at home tastes fine or get filter it's cheaper
TPA tennis i have that bad habit
When I lived in Missouri my family used to buy bottled water because the water in our town was absolute crap. Tasted like pool water. The running joke was that all the stupid/crazy people drank the tap.
My Aunt drank the tap in Boston. She died from pancrearic Cancer.
For short distances I use my bike or I walk.
Nice! Getting some exercise too!
From age 18-24 I didn't own a car. I rode my bike to work every day and took the bus on snow days. I figure I saved about $3,000 a year (car insurance is very high at age 18-24) and car repairs and maintenance. I saved that money in a regular bank account and used it for a down payment on a house. I have never paid a landlord, since I moved away from home directly into my first house at 24! To this day, the best financial decision I made was not to buy a car when I was younger. I got into the real estate game 10 years ahead of my friends. HUGE advantage!
@@canadude6401 How did you get into the real estate game so young in the first place? Is there a "guide" for that?
@@fabioribeiro4627 best advice is to have a really good look at your finances. Where does your money go. What you spend money on. How much do you save? Where can you trim your spending (and still have a "life" and have fun. Just as this video says, little things all add up
First, LG is not a knockoff brand. It's pretty legit. Also the more expensive phones have more RAM, faster processor, high resolution screen, better cameras, more storage, etc. Apple is overpriced, but there are still way better phones if you pay more.
Bottled water is necessary in some places that don't have clean tap water. It's also not that expensive, so it's not gonna make or break your bank account.
There are vitamins/supplements that are extremely good for your body like fish oil and are well worth the money.
Getting a good accountant is important, maybe not financial advisor since you can research a lot of things on your own. But people do pay money for consultants to help them make good business decisions, since not everyone has the time to research on their own or need a more experienced opinion.
Most of these things aren't things that will change your life if you save money on them. It's more about how much you spend on things you don't really use everyday, rather than saving a little bit of money here or there.
Great info Nate! I know about the bottled waters! All that plastic contaminating out Earth and having to dispose of it is expensive too when townships have to recycle it! 🌻
Thanks for leaving your thoughts Kathy! We only have one earth!
Only towns don’t really recycle much of it, generally. Most waste meant for recycling is sent to Asia and other third world places and the garbage just stays there.
1.learn how to work on your own car.
2.get a walmart buzzer and cut your own hair long term . ( you will get better over time )
3.Learn how to cook ramen or spam different ways , this will take a good stomach but $$ saved
4. Tell others you are training for a marathon and run to and from work. ( street credit plus gas savings$ )
5.Dont buy mens razors, shave with buzzer mentioned in section 2
6..dont buy mouthwash, hydrogen peroxide works better and is 1/4 the price ( 3 % concetration)
7. set up a debit account with only 5 dollars in it.. so when companies want you to do a free trial but will charge you later , theres no money in the account ( activate overdraft protection asap
8.if you owe the IRS , set up a payment plan ,, No matter how petty the money is still better in your account than theirs ( this is a good rule for all debts not charging interest , especially medical
9. wear whatever clothes are cheap , like walmart. If a woman is attracted to you they really dont care what youre wearing .. When you get older this will become obvious
10.. carry NO DOZ on you at all times.. When people you are with get coffee, pop a no doz.. theyre 20 cents /pill and same caffiene as a coffee
11. Stop by the local college health clinic, grab a handful of condoms .. theyre free.
I tried avoiding your videos for a while as I know I have to correct so many stuffs in my life. The “recommended list ‘ did not leave me . Here Iam .. just subscribed to your channel , liking it and going to follow it to the T 😀
Thanks for all the practical suggestions
I used to want to be a financial advisor until i learned about the cost of expense ratios. I never felt good enough about them. Plus I wonder what that industry will look like in twenty years with all the indexes and robo advisors.
Your comment poses a very interesting question. Technology seems to continuously replace humans in the workplace. I wonder what the workplace will look like in 50 years!
We'll see what happens. A lot of good can happen from technology and bad. I'm excited for autonomous cars so that I can work while i commute :)
Jason, hi ! Betterment and wealthfront have some serious skin in the game now, so I agree. I think both are good for the average investor.. I actually opened up a small a wealthfront act to see what they can do.. They mostly use Schwab and vanguard etf's ..
Thank you Jennifer. I’ll check em out
You're welcome, it's a standard diversified portfolio allotment. By the way, I'll be finished with the book by tomorrow, scroll 2 is my favorite ❤️ followed by scroll 4 🙂
Totally agree with the first 6, I really good financial advisory can make you more money though however a bad one can cost you a ton of money. I'm huge fan of vanguard investments with there low fees so that is great place to put your money.
Oh man a Financial advisor... I've had a bad experience a few years ago one.. Gotta share that story sometime.
Let's hear it haha
I work at a Supermarket, and liquor and cigarettes sales would make up to close to 2/3 of weekly sales. Junk food and soft drink follow very closely behind. It’s crazy....and eye opening!
I Nate, I just came across your posts. And I have learned so much in how to live simple. You're actually very smart. So much information, thank you. 😀
another tip added on to the bottled water, is when you go to a fast food place for example, you get your food and then ask for a cup of water. they cant say no
Bottled water all depends on the area you live in for example if ur living in a urban area like a large town or city the water quality will not be high and drinking it over a long period of time can have health consequences
While true, you can still buy a reusable filter and use a reusable bottle which will be much cheaper than buying the plastic bottled water.
Arelle your point is valid. Water at Penn State is loaded with lead, fluoride and chlorine. I need to invest in a Brita filter asap
Nate O'Brien I also recommend a self filtering kettle that’s what I use and I live in london
Arelle I will look into it!
That's not true all the time, nyc has excellent drinking water no need for filters unless you want one
Mr. Nate, I agree with you on all the points, but believe me, I can easily go through a lot of spaghetti for dinner; instead of 75 cents (& to quote Chef's Dad)....more like "...Three-Fiddy..."!
Keep up the great work Nate!
Haha thanks for leaving your thoughts as always! If you can't afford spaghetti you might have to settle for Ramen noodles which go for about $0.12 per pack!!!!!!
Great video! In Australia, cigarettes are $30- $40 a pack.... Imagine how much you could save over a lifetime
Some savy saving hacks that I do is:
-UA-cam DIY/Tutorials for repairs
-Sew the holes on my clothes
-Stopped buying makeup
-Making my Breakfast/Lunch/Dinner/ Desserts (Prep. Meals saves on time)
-Legumes is the way to go for healthy and cheap food alternatives
-Go to the library to rent books/DVDs/CD's
-Check out the FREE section on Craigslist
-Before throwing out a soap bottle. I fill up with a bit of water and shake it. It will still have enough soap for a few more uses.
-Sample items at the mall
-Buying in bulk/Kirkland brand products a.k.a Costco
-Brewing my own coffee
-Thrift stores, especially on sale items
I have more hacks but this is all I can come with at the time. After a while of getting in the habbit of saving it becomes easy and almost like a challenge of what can I cut out so I have save money to invest.
Since I was about 13 or 14, I learned to cut my own hair. I made plenty of mistakes, laughed at and so on. But my family couldn't afford weekly or biweekly haircuts. So I am pretty sure I have saved well over $5000 by cutting my own hair.
I get a haircut basically every six months lol I have no idea why you'd need to get one every week or every other week
Paying someone to cut your hair for $20+ is the biggest waste of money in the world.
When your black its a different story 😂😂
Actually the average expense ratio is 1.5%. It’s sooooo expensive. I did a video on expense ratios and proved that you’d lose like $500,000 over a lifetime investing with a stupid 1.5% fee
Such a freakin rip
my vitamins are a MUST have but all the others I agree with you on. note- you can buy last year's newest nicest phone online for cheap, my whole wardrobe comes from thrift stores and clearance racks - i love the hunt- , and with a nice filter and a vacuum sealed cup (or a few) you have something MUCH better than bottled water
Also bottled H20 can be a great and convenient part of Your emergency supply kit if You reside in areas prone to earthquakes, hurricanes and floods. ...
Magnesium supplements are one of few worth buying. Most Americans are deficient in magnesium.
I'm going to drink some calmag rn bc of this comment
in germanz 1,5l water costs 19cents, and you pay an extra 25cent, which you get back when you bring the bottles to the super market, so they can recycle and reuse them
Health is wealth don't deprive yourself from good health but just get what you think you need.
I'm a teen and I spend a lot
I buy my clothes,shoes, subscriptions, tech.
I know I really shouldn't spend but I grew up with very little and cheap shit, so kinda makes happy and proud that I own nice things. I gotta start being smart with money now since I'm about to start college and my adult life
Yes, I drink tap water at my home, but less choices when went out I bought water bottle. However I bring my refill glass for soft drink.
I pay 1% for someone at my bank ("wealth manager") to handle my investments. Last year (2018) I lost money. He said it was because of the losses the market experienced in December of 2018 (the worst is many years). When I told him that even though I lost money he got his fee. He smugly told me "yeah, well that number doesn't go up when you do real good". I was speechless. I think I am wasting money with this guy. My stocks are lucky to grow at a rate of 5% because I asked him to structure my investment strategy in something a bit moderate (not too aggressive therefore at risk to big losses). My growth after fees is abysmal and I was wondering what method or resource that you would recommend so I can fire my financial advisor and learn how to handle my investments on my own. Thank you, LG.
5% is abysmal. Especially when you account inflation and on top of that he takes a piece. I am 20 so I don't have a lot of money but what I am doing is putting away half of my income (I have few expenses, live with my grandma) into a peer to peer lending portfolio. I know I'm going to have to diversify soon but at the moment I am getting over 11% returns by investing in short term loans. There is risk of course but I only buy loans with a buy back guarantee, which means the organization that gave out the loan will buy it back if it defaults. I also invest across several different loan originators to minimize the risk of losing money (if these organizations fail).
Are you a phone?
In Europe, you have some brands of bottled water who use glass bottles. You pay a small warranty for each bottle and get the money back when you bring them to the shop. You have this for some yoghurt brands too. Even if most people still buy the plastic bottles, I think this is the future; using this kind of system would reduce the amount of wasted plastic. Anyway, I buy the water I drink because I love the taste, but filter the tap water for cooking. And I agree you don't waste money this way.
Thanks for this video. 👍 I'm trying to save more money for my sons college fund. 6 years old and 2 yrs.
Nate O'Brien if you follow your own ideas you will be a millionaire in a few years.
What $50.00 Steak? You can buy a 6 lb. tenderloin for about $50.00. This can be cut at home into several filet minions (14 to 18 steaks).
A few UA-cam Videos can teach you how to prepare them. Serve yourself at home using formal dishes and settings. Add a Ce
Love it!!!
Love it.. You changed my mind with the phone... I never use half the stuff it has cause its just gimmicks
Thanks! There just isn't enough of a difference between the iphone x and my $140 Wal-Mart phone to warrant an $860 price difference
I'm guilty of being that expensive girlfriend (not on luxury stuff or clothes or spas, more on things like fancy cameras, books, entertainment activities, eating out, etc) -- my bf was happy to hear I've been slowly cutting back -- he has you to thank Nate!
I got on every dollar app for budgeting and it works great. I literally felt like I got a raise. eating out is a huge waste save for a few special occasions. one thing I'll admit to is I smoke but only a pack a week, normally just 2 a night while I have a beer and watch some financial vids like yours! keep saving bro! Also a big one you dident mention is cars! worst waste of money ever. we have 2 cars paid about 5k for one cash and 7k for the other. both great. but I have a lot of friends paying 700+ a month in car payments. not me all that goes into the bank and occasionally I have to fix something but I doubt i spend 1500 a year on regular maintenance AND things that break unexpectedly. course I'm really handy with cars and do all my own work.
Budgeting is SOOOO important! Have you heard of Mint? I've heard great things about the app!!! Thanks for sharing Justin!!!!!
Nate O'Brien yah I've looked at mint just a little hesitant to put all my bank info on a site lol
I agree. You can also find some budgeting templates on Excel
for sure excell is soooooo useful
Beans and rice and PB&J are cheap. A big bag of of mixed veggies with some pepper and a little butter are great. You will get all your vitamins, carbs and protein that you need. You can eat on 20$ a week.
I learned a Long time ago never to waist money on new cellphones or buy new cars.
I actually buy bottled water for the summer. I don't have any air conditioning in my apartment, (I do drink tap water in there). I'm out a lot and don't drive a car so I have to walk most of my destinations along with the bus, so bottled water helps cool me down, plus ACTUALLY saves me a lot of money so I don't have to buy expensive drinks, I just buy bottled water where it's convenient especially since the water fountains are shut down in most places due to COVID and I wouldn't trust one.
An old saying my grandmother used sometimes was, "A wise man builds his carriage in winter, and his sled in summer." (the horse-carriages and horse-pulled-sleds of long ago.) 😁 Your tip about buying clearance clothes reminded me of this saying.
Also, if you read Charles Munger's thoughts about financial planners, you'll be reluctant to ever hire one. 😁
Good job with your video.
Thanks for sharing that quote! Very inspirational!
I have a restaurant side gig/10-18hrs week. We get free food, and the owners dont care if i just bring it home. My wife takes it to work. She gets to eat out every day without a cash layout.
I also do not waste my own money on those lists you mentioned. I am in complete agreement with your list. Especially, as an extention to the food category, my pet peeve is never ever to buy a cup of coffee; I brew my own coffee. I also hate eating out and buying products with high taxes (usually addictive products).
Yes, financial advisors are a complete waste of money.
😂😂😂I’m guilty of most thing you said no to. I got to have bottom water because I don’t trust sink water. I only shop at whole food. I only buy Apple products my phone laptop desktop charger everything Apple. I eat in nice Restaurants because I can’t cook. I justified eating out by not buy clothing and purse, Bags because I made them all myself. I’m a fashion designer. I don’t buy expensive clothing, only vintage or recycled clothing. And you are correct I don’t have much saving but I enjoy the moment because I don’t know if I’m gonna be around tomorrow though I should try to save more and I think I could save more. I treats my cats the same. I only buys Gourmet food for my cats and including my neighborhood homeless cats that I take care of . so yes I go through $60-$100 a week sometimes just on cat food. It sounds ridiculous but I enjoy everything I do. I work very hard for my money for everything I have. I’m lucky that I have good jobs . I am more generous with animals than myself. I spent lots of money on anianimals which is OK. I believe in eating well.
Man you just became my new favorite UA-camr
Wow thank you! Hope you enjoy my future videos
Best UA-cam channel ever I have seen, always the best videos 🇦🇫
Thanks so much! Your comment means the world to me!!!!!!
You can make a really good Angus Sirloin yourself in a hotplate for a fraction of what youd pay at a restaurant.
I don't really spend much on other things but I feel that good food is an experience in itself. I like spending money on food and skincare products. Not much else.
I drink so much Soda!! If I switched to bottled watered, I’d save a ton :)
I used to be a soda addict. I'm now on seltzer
U can buy soda in Costco. It is a good deal but they do not tast the same from other stores. Hope u are not surgar addict bc ppl studying or learning usually feel need more high sugar products. The truth is they need more hight protein not sugar for their brain.
brain runs on glucose (sugar)
Brayden Halvorson the sugar is for short-term. U used it and next time you will add more to gain your energy bc your Brian will ask more and more sugar each time . So the best way is eat more protein( veg) bc it will work better f for long term.
energy water drinks,evry day
I want to try mariajuana in a brownies tho. I'm just curious how it feels to get 'high'
I get bottled water, but not all people have filters and live in areas with high contaminants and heavy metal particulates in our water supply. I buy bottled water because my tap water isn't always clean.
Nate, Thank you so very much for making these videos and helping people. Lots of love, respect, and admiration from Pakistan. I hope you get millions of subs. Thanks once again.
Thank you! Means the world to me!
Also, if you really want to save money start growing your own food and collecting rain water if at all possible where you live. Even in a tiny new york apartment you can still grow tons of small vegetables, herbsn and spices, and a select few fruits. Plus it'll be good for your mental health to go from a concrete jungle to an actual "jungle".
Wow your my kind of guy. For someone like you , cant believe your saying snd giving us this incredible advices
I’m here watching supporting you buddy
Thanks for the support! It means the world to me!
I work in the restaurant business and the trick is to buy the cheapest ingredients and ONLY get Higher quality ones if their in sale. its all about the making u cant compare a chef to a regular cook
I agree with everything except for vitamins. Where I'm from in Europe we don't get that much sunshine so it's highly advised to take vit d. It's
Agree 100% on everything said but:
Chipolti is a bargain as far as I am concerned, $7 and change for a chicken burrito (This is not contaminated like KFC) .
In my house we have a supposedly top of the range filter but the water just doesn't hit like bottled water
I could never have managed my retirement money on my own. My annuities are very complicated, because they all function in a different way. For some, the difference between .5% and 1% may be well worth it.
♋🦀
I don't like the feeling of ghosting people now because I think at some point I have matured in some way. (I used to ghost people who are not interesting enough for me in the past) But I think ♋🦀 you might be wondering why I am not reacting on your posts anymore. It's intentional. You did nothing wrong?.. idk I low key think you did.. but the bottomline is that I need to set some boundaries. Call me delusional, assuming or whatever but ik the 'connection' in some way is still there. And I feel like its a form of micro cheating on both our ends if we continue entertaining 'this'. And my ♊ is feeling uncomfortable about it. So yah. I wish you well tho - financial goals, ROMANTIC RELATIONSHIP goals, idk maybe fitness goals. She's a great catch. Take good care of her. Idk exactly what your religious beliefs are but God bless.
One thing more, most strong connections take time to build. I was not this comfortable with my ♊ at the start of our relationship. The connection is there from the start but its not as strong as now at present. But despite the struggles in communication, not being to be with him in person we managed to improve it so far. Be patient. Try to get to know her more, open up more. I think some of the best ways that make my feelings for my ♊ stable is we communicate no matter how awkward it can get, I take the time to learn him and my favorite is that I appreciate every little thing he does for me (I'm naturally this way tho) instead of looking for other options. Be clear with your intentions within the relationship and every decision regarding the connection is easy to make.
Hala ang dami kong hanash! HAHAHA Oh sya! Basta inexplain ko na hah. Alam ko gets mo naman.
Hiwalay na yata sila.
Great video, totally agree with the bottled water, such a waste of money. At the end of the day, it comes down to priorities. Financial independence is not a huge priority for most people which is why most people in North America overall are broke and always will be. I’ve watched your other videos, you have some great content. Well done, you’ve earned yourself another subscriber!
Definitely limit eating out to once a blue moon, but definitely be willing to spend a little extra on higher quality food when grocery shopping. Eating high quality produce will not only taste better, but keep the doctor away as well.
I agree with everything except the bottled water. For the simple reason that most plumbing is old underground and what happens is you start tasting lead and at least to me it turns my stomach but I'm in new York city maybe it's different elsewhere
Totally agree with ya Nate.....glad I came across your channel, probably due to another entrepreneur who after seeing his video on how to make your own Kimchi, why pay so much for the ready made when you can DIY? Thanks man and more power to ya! :)
I agree with the list especially with the eating out, I will say to save money is to make a list before and when you shop that helps, Thanks for vids, could you make some more vids on how to make money online, thanks
And NEVER go grocery shopping when you're hungry!!!!!!!!
Nate O'Brien True
I always end up buying the Rotisserie chicken whenever I go to the store hungry!!!!
And when you DO go out to eat just get an appetizer instead of an entree saves me soooo much money
For the expensive phone tip, i'm 100% with u on that mindset lmao, people getting super expensive new phone every year while all they offer that you really NEED is just on any other smartphone... seriously
CanisoGaming totally agree. I get teased for having an iPhone 5 with a prepaid $30 plan but I mean, it still works, why upgrade?
@@-natmac exactly, people just somehow feel the NEED to brag about getting the newest stuff before everyone. I'd say its fine but when the "new" version of a product comes out each year it just is INSANE to keep going with the trend, buying new phone each year is actually sick tbh haha
For my daughters, I always bought one size too large, because they were always growing.
I might be wrong but what I know is vitamin D comes with multivitamin and Asian ppl specially children need it when they are living in Europe. Also older ppl essentially need some vitamins.
I think as vitamin is not a natural thing so just need to be careful using it not because they are expensive. It’s always better to have healthy food all the time.
Vitamins are definitely something the average person needs if they don’t eat only natural foods. Even modern natural fruits and vegetables lack vitamins severely. I’m a nurse FYI. But yeah don’t go overboard, I get multi vitamins and eat them like every other day. Probably spend like $40 a year on it.
With some of these things, it's good to consider TIME you save by purchasing it over not. For example food, I used to cook all my meals, but I'm pretty busy and it just became an extra daily burden (30min-1hr) of my time. Plus I hate cooking. I'd rather pay for food and invest that time in something else, say working out more which is what i've done.
Another angle....I save TIME every single lunch hour not going out to buy lunch, no lines when you eat your home made lunch. Takes me 5 minutes to make lunch. Saves me $1,500 per year easily.
I agree on the phone. I am on well water that is highly mineralized I dont buy water often but sometimes i need to. As you get older you will find that you cant just eat anything you want so your food will cost a bit more because you have to be choosier. I agree about the addictions .... with the exception of love. Love is both the best and worst addiction. Vitamins are good when you are sick and i find i need the boost sometimes but most of the time i let be. I live in my uniforms it seems but when i do dress up i wash the clothes in cold water and i hang them up to air dry them. the clothes really do last longer if you dont put them in the dryer. Also look up a good pair of shoes (that fit you well)that are not glued but stitched to the sole. you wont regret it as they last decades longer than a regular pair of shoes. I agree on the advisor to a point. I think everyone should talk to an accountant , a banker , and a lawyer about finances at least once a decade. They will have insights that most people dont.
I am okay with bottled water. you need it when storm warning. cuz u never know when you will have access to drinking water. now spending every week for bottled water, no. i carry canteen so i can save money. cuz its only $69/month at most for water from faucet. $12/3month for filter. its not that bad
unless water treatment fu ck up and water taste "earthly" then i would drink bottled water or buy jug till the taste is gone
Also, most things with subscriptions such as Netflix because you are paying them your money and your time.
Agreed. Netflix can consume your life! Imagine if people read books instead of binged on "Friends"
I wonder Nate, what drives you to be so thrifty at such a young age? Did your parents have money when you were younger? I think you’re wonderful! Keep up the great work!!
Awesome video mate! So glad you mentioned Ferrari stock last year! I have nearly doubled my investment since then!
Thank you!
multi-vitamins are only $10 -$15 per a year or two worth for a big difference in beauty and memory
I buy branded clothing on ebay for next to nothing.......I particularly like Gant, Napapijri, Le Coq Sportif and Timberland and have a great wardrobe for pennies
Ive gotten better with budgeting, mainly cause I wanna be healthier! I too, shop for clothing in the off seasons, like summer in the fall, winter in the spring, and vice versa! Saves me so much moolah! Im totally a fashionista too! Meijers has terrific deals on clearance! I can buy certain tops and bottoms, for $1-$3!! Sometimes even less! However, there are times, when I HAVE to buy the average priced, quality, fitting, jeans and pants. But, if your saving in all aspects of your life, you can afford the pricey things.
Christina Nelson and splurging on good quality pieces saves money long term since it won’t fall apart after four washes.
One tip on multivitamins;
If you really want to use them, buy complete multivitamins. So don’t separately buy B12, K & so forth. It saves a lot
Same. How surprise. Now I can believe myself more that Im making progress for sure in financially. Nate. You are smart dude. Also you are really cute. Thanks for this content. This is informative.