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537,931 Views • Jul 21, 2021 • Click to toggle off description
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Views : 537,931
Genre: Film & Animation
Date of upload: Jul 21, 2021 ^^
Rating : 4.967 (222/26,301 LTDR)
RYD date created : 2022-04-09T16:27:29.468736Z
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YouTube Comments - 1,158 Comments
Top Comments of this video!! :3
A phrase that helped me significantly reduce buying new things is "It doesn't matter what we want, once we get it, we will want something else."
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Guys, this is SERIOUS, Matt has a new T-shirt.
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"It is not the man who has too little, but the man who craves more, that is poor." -Seneca
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I'd like to add......pack a lunch for work!! I've been at a desk job for 24 years.
My home made lunch is about $3-4, so I figure I save about $5 /work day by not getting take out. Some quick math...
$5x240 workdays per year. $1,200 per year! So far that tallies up to $28,800 I have saved! AND by eating homemade food, I am the healthiest among co-workers since I eat a salad every day, and they eat Wendy's MCDonald's etc.
Double that amount if you make your own coffee and don't go to Starbucks every day!
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No matter how much you earn, you can always spend more than that and be technically poor
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mustache combing B roll is the new coffee brewing montage. get with it folks!
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I think being born poor was the best financial education I got
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Great fortunes are often lost one dollar at a time. It may not seem like a big deal when you pick up that double-mocha cappuccino or have dinner out or order that pay-per-view movie, but every little item adds up.
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An emergency fund turns a crisis into an inconvenience.
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Early retirement is a dream.. I got to understand that I have to be at the end of my life to enjoy time freedom, let's work hard to financial independence.
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I think the hardest part for me has been learning how to separate my emotions from my buying habits. Instead of making impromptu decisions to purchase things, I try to wait a few days to see if it's something that I actually want.
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Buen vídeo. Pero permítanme hablar de algo importante, veo a muchos jóvenes y viejos cometiendo errores que creo que no deberían cometer. Creo que todos, jóvenes o mayores, deberían tener un plan de inversión que aumente su rendimiento financiero entre tres y seis cifras. La inversión puede ser tu plan de jubilación o tu plan de futuro, lo que hayas querido, pero lo más importante es que tengas una inversión rentable.
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My biggest mistake was eating out all the time, cooking at home is so much cheaper!
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The mustache looks good but honestly if you had round glasses you’d look like ned flanders🤣 thanks for all the information matt! Its super helpful actually. I’m lucky enough to be debt free but i still struggle with managing my money and still live paycheck to paycheck 😕
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Recently I was fired from my job and because I apply minimalism to my daily habits and control my expenses I didn't freak out been laid off because of the money support I have accumulated.
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I found out that financial literacy is one of the most important skills in life. We can do anything for life, be successful or not at work, but as long as we know how to manage our finances, our life will be less stressful and more protected.
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So many sentiments expressed in this video that I've tried to drive home with friends of mine, as I watch them spend thousands of dollars per year on fast food and toys that collect dust after a week worth of use, while asking themselves; "Why don't I have any money? Oh look! A new video game!"
I like buying things just as much as the next person, and I too am guilty of the occasional frivolous expenditure, but I try to keep those things to a healthy minimum. And ya know what...maybe I don't have as much fun as some of the people I know, but I don't have near the amount of stress or financial worry, either.
Thanks for tackling this subject.
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I can’t stop thinking about the irony and insanity of Elon Musk becoming the richest person in the world why they individual who has spent $20billon.
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@mattdavella
2 years ago
Did I miss any money mistakes? Let me know in the comments below. Here’s some additional viewing and reading on personal finance… Simple Steps to Financial Freedom: https://youtu.be/ATDYLTnGJV0 How I manage my personal finances as a minimalist: https://youtu.be/YyaVya4YSwU Ramit Sethi’s book (great practical personal finance book): www.amazon.com/dp/0761147489 Barefoot Investor's book (good for Aussies but solid advice all around): www.amazon.com.au/dp/0730324214
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