Don’t make these 4 personal finance mistakes.

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Пікірлер: 1 100

  • @mattdavella
    @mattdavella2 жыл бұрын

    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: kzread.info/dash/bejne/c4h4u66NnqqwhpM.html How I manage my personal finances as a minimalist: kzread.info/dash/bejne/i62VuNuaZLy5p7g.html 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

  • @keengwill4322

    @keengwill4322

    2 жыл бұрын

    Hey Matt, off topic but did you watch the nba finals last night?

  • @ninzembo908

    @ninzembo908

    2 жыл бұрын

    No I am a kid

  • @DavidBaxter

    @DavidBaxter

    2 жыл бұрын

    I'd say that another mistake people make with money is that they don't equate money to time. They just think of it as 1k instead of considering how many hours it took them to work attheir job, then pay tax, to accumulate that 1k they have in their account. If you consider how much time it took you to get that, then your less likely to spend it frivolously...well less likely at least, haha

  • @xiomarski

    @xiomarski

    2 жыл бұрын

    Maybe, having a credit card? Maybe, it's better to have a debit card?

  • @abhipmgr

    @abhipmgr

    2 жыл бұрын

    Good to see you on that stache Matt! 😃😄❤️

  • @FlorianCoeman
    @FlorianCoeman2 жыл бұрын

    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."

  • @YourArtJournal

    @YourArtJournal

    2 жыл бұрын

    Yes... same here.

  • @canadude6401

    @canadude6401

    2 жыл бұрын

    good one.! My inner voice says "Do I really need this, or do I want it"

  • @minguk

    @minguk

    2 жыл бұрын

    There is this short comic that goes like "New thing purchase" :) "New thing arriving" :) "The word "new" disappears after a while so now it's just "Thing". :( :( That was so relatable to me. New purchases doesn't feel like a new purchase within a week.

  • @TheArtofKAS

    @TheArtofKAS

    2 жыл бұрын

    👌

  • @YuniorGamboa

    @YuniorGamboa

    2 жыл бұрын

    The one that stuck with me was: "Buying more things won't make you happy" Yeah I know it's pretty basic

  • @ZriiEstrategias
    @ZriiEstrategias2 жыл бұрын

    Guys, this is SERIOUS, Matt has a new T-shirt.

  • @ghiaracaza4820

    @ghiaracaza4820

    2 жыл бұрын

    Yeah, noticed it too. 😊

  • @MarioRafaelM

    @MarioRafaelM

    2 жыл бұрын

    He finally could afford it

  • @ZriiEstrategias

    @ZriiEstrategias

    2 жыл бұрын

    @@MarioRafaelM 🤣🤣🤣 LoL

  • @othmane-mezian

    @othmane-mezian

    2 жыл бұрын

    Great video! I am by no mean a beginner and I learned a lot!

  • @studybytes5505

    @studybytes5505

    2 жыл бұрын

    That was one of the finance mistakes.

  • @adibzadeh
    @adibzadeh2 жыл бұрын

    1. 0:47 - People don't confront the truth about their finances. 2. 4:08 - People lease a luxury lifestyle. 3. 6:41 - People never plan ahead. 4. 10:30 - People think personal finance is all about numbers.

  • @emmynoether9540

    @emmynoether9540

    2 жыл бұрын

    +

  • @Smaltese93

    @Smaltese93

    2 жыл бұрын

    Bless

  • @or.abylaikhan

    @or.abylaikhan

    2 жыл бұрын

    Thanks for saving my time

  • @erickguillermo9438

    @erickguillermo9438

    2 жыл бұрын

    🙌🏻

  • @Sheeshyessirski

    @Sheeshyessirski

    2 жыл бұрын

    W

  • @msalik3231
    @msalik32312 жыл бұрын

    "It is not the man who has too little, but the man who craves more, that is poor." -Seneca

  • @divyamagarwal197

    @divyamagarwal197

    2 жыл бұрын

    Bro you took this quote from Dhruv Rathee treeman video na😂😂😂😂😂

  • @msalik3231

    @msalik3231

    2 жыл бұрын

    @@divyamagarwal197 Exactly 😁😂😂

  • @msalik3231

    @msalik3231

    2 жыл бұрын

    @N D true 💯

  • @divyamagarwal197

    @divyamagarwal197

    2 жыл бұрын

    @@msalik3231 bruhh😂😂😂😂

  • @emanuelmayer

    @emanuelmayer

    2 жыл бұрын

    said a person with slaves and tons of money :|

  • @tanmay______
    @tanmay______2 жыл бұрын

    I think being born poor was the best financial education I got

  • @dariameneyev6933

    @dariameneyev6933

    2 жыл бұрын

    Don't know about that, the people who are most ignorant about money are poor. A lot of the time they're poor for a reason, so growing up in that environment isn't much benefit

  • @canadude6401
    @canadude64012 жыл бұрын

    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!

  • @umb3rto641

    @umb3rto641

    2 жыл бұрын

    Coffee's a no-brainer here - why buy at coffee shops if you can be fueling your Coffee addiction at home for 10th of a price

  • @paulsmallmusic

    @paulsmallmusic

    2 жыл бұрын

    THIS

  • @mattdavella

    @mattdavella

    2 жыл бұрын

    Cana Dude did the math! :)

  • @canadude6401

    @canadude6401

    2 жыл бұрын

    For the record...The money wasn't saved under the mattress either. It was diverted to retirement investment (compounding nicely btw) AND, there are several other ways I trim spending. A huge one is my car! I've owned just 4 cars in my 30 years of driving. I bought all of them 3 years old and kept them for 8-10 years, with small loans, all Honda's. I'd love a BMW, but financially it's a HUUUUGE drain. (more cash outlay, higher depreciation, maintenance, insurance and of course premium fuel)

  • @bumblebee803

    @bumblebee803

    2 жыл бұрын

    @@canadude6401 I've owned one can my whole life. I keep fixing it up and I'm good to go. Saved a tone.

  • @TheDhammaHub
    @TheDhammaHub2 жыл бұрын

    No matter how much you earn, you can always spend more than that and be technically poor

  • @LifeinGlow

    @LifeinGlow

    2 жыл бұрын

    This is quite true sadly...

  • @j.d.5709

    @j.d.5709

    2 жыл бұрын

    Yeah people never stop to consider the cost of living tends to scale with our income unless we learn to live well within our means.

  • @howtoadultschool

    @howtoadultschool

    2 жыл бұрын

    This is so true, lifestyle creep is a huge factor in keeping people poor no matter how much money they make.

  • @nataliemunoz8600

    @nataliemunoz8600

    2 жыл бұрын

    Simple truth right there.

  • @strangecacti
    @strangecacti2 жыл бұрын

    mustache combing B roll is the new coffee brewing montage. get with it folks!

  • @mandyg8022

    @mandyg8022

    2 жыл бұрын

    And the ever-present coffee that never gets consumed. I'm starting to think it is a glass full of coffee-colored resin.

  • @mattdavella

    @mattdavella

    2 жыл бұрын

    Haha yes!!

  • @dope7360

    @dope7360

    2 жыл бұрын

    @@capedcrusader1619Well both are correct as far as I know

  • @vivianbrown7264
    @vivianbrown72642 жыл бұрын

    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.

  • @miaharper346

    @miaharper346

    2 жыл бұрын

    Ask yourself if you really need items that keep you paying every month, year after year.

  • @emilydavis8321

    @emilydavis8321

    2 жыл бұрын

    If you do not get your money working for you in the markets or through other income-producing investments, you may never be able to stop working. invest on the right platform and earn good returns.

  • @sophiamiller2682

    @sophiamiller2682

    2 жыл бұрын

    which one will you propose? been looking out for one to work with.

  • @emilydavis8321

    @emilydavis8321

    2 жыл бұрын

    @ Sophia, I work with Tamara Diane Hagan. Look her up on the web

  • @ellajackson34

    @ellajackson34

    2 жыл бұрын

    Your financial future depends on what is going on right now. People spend countless hours watching TV or scrolling through their social media feeds, but setting aside two hours a week for their finances is out of the question.

  • @absenceoflimitations7357
    @absenceoflimitations73572 жыл бұрын

    An emergency fund turns a crisis into an inconvenience.

  • @patriciaallaband3493
    @patriciaallaband34932 жыл бұрын

    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.

  • @richadoemilia958

    @richadoemilia958

    2 жыл бұрын

    I am 43 years old with no retirement plan yet. Any suggestion on accumulating a million dollar portfolio within 12 - 18 months? I have currently saved the capital of $225k.

  • @williamsconcord9267

    @williamsconcord9267

    2 жыл бұрын

    Such gains are very achievable, you just need to commit to it and do your R&A.

  • @patriciaallaband3493

    @patriciaallaband3493

    2 жыл бұрын

    @@williamsconcord9267 A very functional way to achieve your goal is to get a market consultant, that you can copy their trade pattern and avoid making expensive mistake.

  • @louiscaroline5582

    @louiscaroline5582

    2 жыл бұрын

    @@patriciaallaband3493 That sounds good and straight forward, have you used the service of such consultant before?

  • @patriciaallaband3493

    @patriciaallaband3493

    2 жыл бұрын

    @@louiscaroline5582 I still use my consultant, I found her through a Bloomberg newsletter sometime in August the last year and she has guided me through my portfolio from $85k to $278k

  • @yaboijaredd
    @yaboijaredd2 жыл бұрын

    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.

  • @howtoadultschool

    @howtoadultschool

    2 жыл бұрын

    I do this too! It's so helpful to not end up surrounded by 'shiny objects' that I don't actually want. I keep a to buy list on my phone for this, and don't buy anything unless it's been on the list for a few weeks and still find I need it.

  • @cablesandcrochet

    @cablesandcrochet

    2 жыл бұрын

    Took me quite a while to really make myself stick to it, but by now it's become a habit, for anything under 50,- I wait 2 days, anything over that it's a week.

  • @tonytelleztalksfinance1345
    @tonytelleztalksfinance13452 жыл бұрын

    My biggest mistake was eating out all the time, cooking at home is so much cheaper!

  • @YourArtJournal

    @YourArtJournal

    2 жыл бұрын

    I can relate to that!

  • @chidiekweonu

    @chidiekweonu

    2 жыл бұрын

    And I'm making the same mistake right now 🤦🏽‍♂️

  • @skyline120397

    @skyline120397

    2 жыл бұрын

    Cooking at home takes a lot of time

  • @canadude6401

    @canadude6401

    2 жыл бұрын

    @@skyline120397 so does making reservations, waiting in line, waiting to be served at table, waiting for the bill, waiting for the parking spot, driving to and from. Think about it. Cooking at home is actually is faster.

  • @canadude6401

    @canadude6401

    2 жыл бұрын

    and healthier to eat at home too.

  • @Esmeraldalunamaria
    @Esmeraldalunamaria Жыл бұрын

    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.

  • @Esmeraldalunamaria

    @Esmeraldalunamaria

    Жыл бұрын

    @@BB-yr8ev invirtiendo en forex, el mercado de criptomonedas necesita un profesional que lo guíe para evitar pérdidas las señales no son realmente de

  • @Esmeraldalunamaria

    @Esmeraldalunamaria

    Жыл бұрын

    Es la mejor experta que puedo recomendar, he obtenido buenas ganancias invirtiendo con ella y sigo contando

  • @Esmeraldalunamaria

    @Esmeraldalunamaria

    Жыл бұрын

    @@BB-yr8ev puedes contactarla en

  • @Esmeraldalunamaria

    @Esmeraldalunamaria

    Жыл бұрын

    INSTAGRAM

  • @Esmeraldalunamaria

    @Esmeraldalunamaria

    Жыл бұрын

    Roseannshursen

  • @tetianasverhun1336
    @tetianasverhun13362 жыл бұрын

    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.

  • @Bireshprema
    @Bireshprema2 жыл бұрын

    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.

  • @shermantommie4688

    @shermantommie4688

    2 жыл бұрын

    Prince of Brunei’s spent it all maybe he would have been among the rich if he invested his money

  • @darnellbeck5653

    @darnellbeck5653

    2 жыл бұрын

    Another interesting presentation…. Elon Musk technological development is mind-blowing…

  • @dustireller3953

    @dustireller3953

    2 жыл бұрын

    His investment in Bitcoin because he is aware of the profit he would make

  • @zoeyswaniawski7306

    @zoeyswaniawski7306

    2 жыл бұрын

    Millionaire like Warren buffet and Bill gates, never made it depending on paycheck neither were they salary owners. I think investment should be on every wise one’s list and currently all of it is online. In a month or two you’d be ecstatic about the decision you’ve made

  • @alinamikelle8688

    @alinamikelle8688

    2 жыл бұрын

    @@dustireller3953 My advice for everyone right now is to invest into crypto currency 💲💲as it more profitable.

  • @UnrealSoundDesigner
    @UnrealSoundDesigner2 жыл бұрын

    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 😕

  • @mikefigure

    @mikefigure

    2 жыл бұрын

    He just need children like Todd & Rod Flanders lol

  • @mattdavella

    @mattdavella

    2 жыл бұрын

    Ok now I need round glasses.

  • @nicg1137

    @nicg1137

    2 жыл бұрын

    😂 😂 😂 😂 😂 😂 😂 Laughing so hard at this I forgot about spending money for a while and saved thousands!

  • @TheRealDanielTV

    @TheRealDanielTV

    2 жыл бұрын

    @@mattdavellaAsk yourself before - Are you buying them for yourself, or to impress others? 😜

  • @YuniorGamboa
    @YuniorGamboa2 жыл бұрын

    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.

  • @youraveragepasser-by7367

    @youraveragepasser-by7367

    2 жыл бұрын

    Good job and good luck looking for a new job man✊✊✊

  • @YuniorGamboa

    @YuniorGamboa

    2 жыл бұрын

    @@youraveragepasser-by7367 Appreciate it.

  • @alfredodavila94

    @alfredodavila94

    2 жыл бұрын

    this is one of my goals now, I don't have debts and I'm just saving my money to invest and also to make my emergency fund, maybe in a future I can even leave my current job if posible with my investments.

  • @AapkaJags
    @AapkaJags2 жыл бұрын

    You have changed my Life Matt. Thank you for making this content. Don't ever stop making videos. ❤️

  • @nsporiginals888

    @nsporiginals888

    2 жыл бұрын

    Super inspiring, right?

  • @AapkaJags

    @AapkaJags

    2 жыл бұрын

    @@nsporiginals888 yes!

  • @imJMB
    @imJMB2 жыл бұрын

    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.

  • @FinancialShinanigan
    @FinancialShinanigan2 жыл бұрын

    Plan for a wedding, see how much it'll cost, promptly elope and use that wedding budget on a down payment on a house or a kickass month long vacation!

  • @canadude6401

    @canadude6401

    2 жыл бұрын

    Yes indeed. I spent $18,000 on a wedding 20 years ago. Now divorced and that money for one stupid day=wasted. We had a line of credit for 10 years that took forever to pay off.

  • @SMSBJM1981

    @SMSBJM1981

    2 жыл бұрын

    This guy's gets it. I eloped. Wedding and honey moon cost maybe £2500 to £3000. I still wear the suit.

  • @cablesandcrochet

    @cablesandcrochet

    2 жыл бұрын

    Honeymoon is really the thing I'm willing to spend on (nothing crazy expensive though, 5k maximum for both of us for at least a month of vacation) because traveling brings both of us so much joy. But the thought of spending that amount or even more on a single day would just not be worth it to me.

  • @paulsmallmusic
    @paulsmallmusic2 жыл бұрын

    As an Eastern European, I'm always so sorry to hear about Americans having their student debt. My University was about $500 total for 3 years of technical education. Still dropped it because I didn't want to spend this much lol

  • @yahooboi261

    @yahooboi261

    2 жыл бұрын

    Tuition in all English speaking nations are crazy expensive. They are banking on international students paying international tuition - even higher than regular tuition fees 😔

  • @theguycalledlewis

    @theguycalledlewis

    2 жыл бұрын

    As a Scot 🏴󠁧󠁢󠁳󠁣󠁴󠁿 I got paid £500 a month to go to college. And even when covid hit i still got paid while sitting around in my house

  • @stevend776

    @stevend776

    2 жыл бұрын

    As a New Yorker from a low income household, I uh, got public college debt-free. Many Americans have the choice of not going into debt but would rather get the same major from a "prestigious" private experience. Imo this makes sense for high ROI, "name brand matters" degrees. But I study environ science & communications. My associates was a "dual major" technical program and business admin. I had an offer from privates for the exact same programs- but RIT, for example, wanted $65k tuition per year. Dorm and extras? I don't wanna imagine. I didn't even need to pay for meals at SUNY as we had a common kitchen.

  • @ShubhamKumar-sq2pg

    @ShubhamKumar-sq2pg

    2 жыл бұрын

    @@yahooboi261 I'm from India (non-english speaking country) and college is expensive here too.

  • @paulrajkhowa3061

    @paulrajkhowa3061

    2 жыл бұрын

    Which country are you from Paul?

  • @torrentirachristianbills.5942
    @torrentirachristianbills.59422 жыл бұрын

    "Sponsored by Google Pay" *Well, that's new*

  • @mossyoakmom8880

    @mossyoakmom8880

    2 жыл бұрын

    No google pay for me.

  • @raymonyxzenyxo4366

    @raymonyxzenyxo4366

    2 жыл бұрын

    Google pay better sponsor me one day

  • @MysticMD
    @MysticMD2 жыл бұрын

    I would also recommend the book "it's not about the money" by Brent Kessel. it explains money is tied to so many more things than just finances - it affects our family dynamic, our emotions, our upbringing etc. and the book talks about how becoming debt free is not the only picture, but ultimately, we can become emotionally at ease with the way we spend and view money. It honestly changed my relationship with money.

  • @JeanneKnits
    @JeanneKnits2 жыл бұрын

    "By sowing frugality we reap liberty, a golden harvest" Agesilaus I started rethinking my purchases, started reading The Minimalists in 2010, saved as much as I could, and quit work at 51. One thing that was super helpful was creating a budget spreadsheet that projected out over 20 future years, including what regular savings would grow to. Seeing that spurred me to take my savings up to 11. Now I travel full time.

  • @AdamJBell
    @AdamJBell2 жыл бұрын

    I feel blessed that finance videos started getting recommended to me a few years back - Videos like this one truly helped me 🙌

  • @taylorbrigden2355
    @taylorbrigden23552 жыл бұрын

    Matt you honestly have helped me so much with my finances, at the start of the year I lost my job but because of you I was able to survive about 6 months of unemployment with my rainy day money (and a bit extra) now I am working in a job that's paying me twice as much as my last. which is exciting for many reasons as well as terrifying. do you sometimes feel like you are an imposter with all your success (imposter syndrome) I get it all the time. keep making amazing content!

  • @camilamart114

    @camilamart114

    2 жыл бұрын

    I know what you mean 😌

  • @taylorbrigden2355

    @taylorbrigden2355

    2 жыл бұрын

    @@camilamart114 Its a strange world when your doing well and don't know if you deserve it ha ha

  • @romanscalph374
    @romanscalph3742 жыл бұрын

    Now im only 18, but I finally started looking at my spending habits seriously. I got curious one sleepless night as to how investing worked, after briefly doing research i was rewatching some of your old finance videos i had watched with little interest before. This motivated me a lot. SO, I took my past months spending and compared it to my bi-weekly pay check and realized generally over half of that money is out the door on food, hobbies, and entertainment before i even check my account. With that in mind, i have started working towards a budget that is reasonable and should result in healthier habits in the future. The hardest part is actually sticking to it.

  • @centralcore_
    @centralcore_2 жыл бұрын

    This channel is the only and the biggest stepping stone that made me start reading personal development books. Thanks, Matt.

  • @stevenhkim
    @stevenhkim2 жыл бұрын

    It's crazy that I've been watching you since I was a senior in high school and now I'm a senior in college. Your money tips and minimalism came at the best time for me and it helped me stay financially stable. Thanks Matt!!

  • @kevinp1292
    @kevinp12922 жыл бұрын

    The best thing to have happened to me during the pandemic was stumbling upon your channel. I started off watching one video and now I religiously wait for every new one to release. Not sure if this would be acknowledged but thank you Matt for the videos you make. I look at life a lot differently than I used to all thanks to you and your videos.

  • @paulsmallmusic
    @paulsmallmusic2 жыл бұрын

    Matt's videos about finances changed my life. Thank you!

  • @random23287
    @random232872 жыл бұрын

    Matt, this video really needed a disclaimer at the beginning. Something along the lines of "Some of this advice only applies if you have a job and your basic needs covered."

  • @MamaSwole
    @MamaSwole2 жыл бұрын

    Omg Matt always coming thru worth he topics I need to hear about

  • @unpackzonetech
    @unpackzonetech2 жыл бұрын

    I have learned so much since watching your videos and have been so inspired to up my KZread Game. I love how efficient you are with content. You are a huge inspiration. THANKS.

  • @GrowYourWealth101
    @GrowYourWealth1012 жыл бұрын

    Do something today that your future self will thank you for. 🙏

  • @YourArtJournal

    @YourArtJournal

    2 жыл бұрын

    Exactly!

  • @bcfilms498
    @bcfilms4982 жыл бұрын

    Matt looks like Joaquin Phoenix in Her and I’m loving it

  • @souperbeefy.
    @souperbeefy.2 жыл бұрын

    I think Matt really hit the nail on the head. I find myself spending money to impress others or I try to mimic what others are spending their money on.

  • @dipakagrawal4006
    @dipakagrawal40062 жыл бұрын

    The slight change in your narrative is truly amazing Matt! You have moved on from directing us what to do. You now tell a story, your story, and it has made all the difference.

  • @Ghostzy01
    @Ghostzy012 жыл бұрын

    Having become dept free recently and now having a lot in savings. One thing I’d say is, look at savings as paying for yourself to have financial peace of mind, because it’s a damn relief when you have that and worth every penny. Long term will make you way happier then any other purchase.

  • @rewrini4238
    @rewrini42382 жыл бұрын

    To summarize: DONT PAY WHAT YOU DONT HAVE!

  • @sebastianforkuoh2354
    @sebastianforkuoh23542 жыл бұрын

    I was literally thinking the other day that you haven’t done a finance video for a while and you’ve just released one. Awesome! Your channel continues to be ace and insightful 😀

  • @JakeCr
    @JakeCr2 жыл бұрын

    Very glad to see you creating more content! I love your channel and what you are about. Also, the mustache looks mint!

  • @stephen-finance
    @stephen-finance2 жыл бұрын

    First off, the mustache is looking good! Secondly, great video! So many people fall into the trap of "spending money we don't really have to buy things we don't really want, to impress people we don't really like".

  • @sacdaabdurhman
    @sacdaabdurhman2 жыл бұрын

    "If you are not willing to risk the usual, you will have to settle for the ordinary." I hope you have a good day, I might not know you but I believe in you.

  • @cupokat5998
    @cupokat59982 жыл бұрын

    Really love your finances videos Matt! Watching this inspires me again to keep myself on track with my impulsive spendings and financial goals

  • @inea815
    @inea8152 жыл бұрын

    I love when you share personal finance videos

  • @charleshot25
    @charleshot252 жыл бұрын

    Not gonna lie, I learned how manage my money by playing GTA V Online when I was a kid. All the financial mistakes I could've made in real life, I made in that game. I made sure to learn from them.

  • @Dik131WZD

    @Dik131WZD

    2 жыл бұрын

    After your comment I feel like I'm old

  • @thetechcastle5737

    @thetechcastle5737

    2 жыл бұрын

    Are you playing PUBG now ?

  • @HimanshuSingh-jr3pg
    @HimanshuSingh-jr3pg2 жыл бұрын

    I am following you since 2019 and your videos have helped me alot. Thanks to you I am able to manage and navigate my financial life through this difficult time. Thanks a lot

  • @joserivera4476
    @joserivera44762 жыл бұрын

    Always bringing valuable knowledge and tips to my lackluster financial management skills , thanks Matt!

  • @FinancialShinanigan
    @FinancialShinanigan2 жыл бұрын

    Growing up, you were either a Limp Bizkit or Linkin Park fan. Sorry Matt, we can't be friends anymore.

  • @Smaltese93

    @Smaltese93

    2 жыл бұрын

    I was inadvertently a Lincoln park fan because my parents wouldn't buy limp bizkit but for some reason they got lp. Now I like both 🤷

  • @johna.zapata5797

    @johna.zapata5797

    2 жыл бұрын

    True, but I was both. Couldn’t pick either side!

  • @mattdavella

    @mattdavella

    2 жыл бұрын

    Damnnnn lol

  • @amandasmith5590

    @amandasmith5590

    2 жыл бұрын

    I was both lol

  • @laurakorn4486

    @laurakorn4486

    2 жыл бұрын

    Linkin Park all the way!!

  • @siddhant.4.srivastava
    @siddhant.4.srivastava2 жыл бұрын

    Lots of love from India 🇮🇳🇮🇳

  • @wakeupstylellc
    @wakeupstylellc2 жыл бұрын

    Loved this!!! So I’m going through a journey that I was forced into by divorce. Now I watch my finances and this had led me to a minimalist journey.

  • @samushunter0048
    @samushunter00482 жыл бұрын

    Your vids are always helpful and informative. Excellent job Matt

  • @EdLrandom
    @EdLrandom2 жыл бұрын

    03:07 good visual composition!

  • @TheDanaYiShow
    @TheDanaYiShow2 жыл бұрын

    what a FLEX, sponsored by google pay, awesome stuff!

  • @zoheb4444
    @zoheb44442 жыл бұрын

    I just want to say Thank you, Matt. I've recently started fixing up my finances and this video just helped strengthen my resolve towards it ❤️ Love from India btw!

  • @sarahm415
    @sarahm4152 жыл бұрын

    Love this guy! Great content at all times. Thank you!!!!

  • @leftymusician1
    @leftymusician12 жыл бұрын

    ''Emergency midnight trip to the dentist'' Yes totally expected. 😂

  • @sacdaabdurhman
    @sacdaabdurhman2 жыл бұрын

    "Don't be afraid to give up the good to go for the great." Whoever is reading this I am believe in you, you will succeed.

  • @rawscientistofficial
    @rawscientistofficial2 жыл бұрын

    Matt!! Congrats on your partnership with Google Pay! That's huge! I'm so happy for you! And also thank you for the advice and value you provided over the years. Can't wait to see what you do next!

  • @anandb2
    @anandb22 жыл бұрын

    Thanks for making these videos. Straight to the point.

  • @j0hnrafael
    @j0hnrafael2 жыл бұрын

    "That we don't have friends" "That our finances are terrible" NAILED IT. BOTH.

  • @GrowYourWealth101
    @GrowYourWealth1012 жыл бұрын

    The key to success is to focus on goals, not obstacles. 💪

  • @hugoantunesartwithblender

    @hugoantunesartwithblender

    2 жыл бұрын

    Don't agree, sometimes you have to think why you are having that obstacle and the best way to get over it. So focusing on goals is also focusing on how to get over obstacles

  • @GrowYourWealth101

    @GrowYourWealth101

    2 жыл бұрын

    @@hugoantunesartwithblender Yes you are right. What i meant was that some people just focus on the obstacles too much. Like " I can never reach that goal, because i am not talented (obstacle) enough" and stuff like that.

  • @furlan1743

    @furlan1743

    2 жыл бұрын

    SIGMA SEXTILLIONAIRE GRINDSET 🤑🤑🤑

  • @LoeweVelasco
    @LoeweVelasco2 жыл бұрын

    Thanks Matt I needed this! Saved me from almost losing track of my true financial goal!

  • @patdavidmusic
    @patdavidmusic2 жыл бұрын

    3:11 the greatest advice I have ever seen 👨🏻‍🦰

  • @xXRedErrorXx

    @xXRedErrorXx

    2 жыл бұрын

    what?

  • @freshasdaisies3350

    @freshasdaisies3350

    2 жыл бұрын

    @@xXRedErrorXx 👨🏻

  • @xXRedErrorXx

    @xXRedErrorXx

    2 жыл бұрын

    @@freshasdaisies3350 Chickenburger2

  • @JeremiahFernandez

    @JeremiahFernandez

    2 жыл бұрын

    fuck yes. always comb your mustache downwards

  • @aprileve411
    @aprileve4112 жыл бұрын

    Thank you Matt. Love your advice and videos so much. I get a lot of mindset shifts with them.

  • @AineTaiki
    @AineTaiki2 жыл бұрын

    The incoming apocalypse is my retirement plan ✌🏻

  • @ChristianSimplicity
    @ChristianSimplicity2 жыл бұрын

    We do this on a individual level.. but also on a societal level… we are going into massive personal debt but also government debt to live above our means.. many individuals lifestyles are not sustainable and our system is not sustainable… WE WOULD NEED 5 PLANETS TO IF EVERYONE ON EARTH LIVED LIKE AN AMERICAN.

  • @barbhunter3155
    @barbhunter31552 жыл бұрын

    Very practical advice and exactly what I need to hear today. Thank you for this.

  • @JCU84
    @JCU842 жыл бұрын

    I needed this video. Thank you. I will be coming back to this multiple times

  • @JusttJC
    @JusttJC2 жыл бұрын

    Guess the podcast was accurate, the ever changing number floating from $90,000 to $114,000👀😂

  • @xmotomitchx4213

    @xmotomitchx4213

    2 жыл бұрын

    90,000 was just the student debt. He is talking about his total net worth with all his debt combined

  • @brettzeigerbacher2314

    @brettzeigerbacher2314

    2 жыл бұрын

    @@xmotomitchx4213 nah, this guy is right. Matt has been quoting this number differently every time for years. I think it's an inside joke now.

  • @mattdavella

    @mattdavella

    2 жыл бұрын

    Lmao omg I need to hire a forensic analyst to get to the bottom of this. I have a screenshot that I shared on twitter (see below) where my student loans were close to the highest ($97,930.41). Add $20k for my car loan and you've got $117k. Give or take. I'm not perfect lol. twitter.com/mattdavella/status/1083541224080863232

  • @bensim4628
    @bensim46282 жыл бұрын

    Matt's burly elbow near his cup of coffee is giving me low-key anxiety.

  • @howtoadultschool
    @howtoadultschool2 жыл бұрын

    'I thought about the clients I could say no to'. I felt this! When I started my business that's what drove me to create a financial safety net as well. I worked with a couple dodgy clients early on and realized I needed the financial freedom to say no and keep those people out of my business life, it was a huuuuge motivator to manage my money well early on.

  • @alejandrodeoteromora7336
    @alejandrodeoteromora73362 жыл бұрын

    thanks for the quality content Matt

  • @princek650
    @princek6502 жыл бұрын

    i am convinced that this mustache is a financially wise decision

  • @deanboman
    @deanboman2 жыл бұрын

    Limp bizkit, ohh so I am not the only one still listening to them :D

  • @JonathanDoku
    @JonathanDoku2 жыл бұрын

    Such a cleanly edited, highly valuable and easy to follow video. I just applaud your skill level. I strive to get to get to this level of art, thank you Matt for another great video 👍🏾. Keep going!

  • @rogerraguse9846
    @rogerraguse98462 жыл бұрын

    Thank you for this video. You are so good at getting your point across. Really appreciate your content!!

  • @jamieleecupido
    @jamieleecupido2 жыл бұрын

    I like moustache-new-t-shirt Matt!

  • @int963
    @int9632 жыл бұрын

    Dear person, who reads it. Yes, I mean exactly you! Maybe we don't know each other. Still, I want to say, that I believe in you! You will certainly achieve your dreams and your happiness! Just don't give up and be honest with yourself! Now you have at least one person who constantly believes in you, which means you are fated to realize your dreams! No doubts here ^) *Best wishes for you ❤️ from a small KZreadr*

  • @ibrahimelnohi5013

    @ibrahimelnohi5013

    2 жыл бұрын

    If really meant what you said, your personality type is definitely ENFJ or ESFJ

  • @randomizednamme

    @randomizednamme

    2 жыл бұрын

    That last sentence really shows you are just pandering for views

  • @yahooboi261

    @yahooboi261

    2 жыл бұрын

    @@randomizednamme 100%

  • @LifeOfRiza
    @LifeOfRiza2 жыл бұрын

    woah I was just thinking about getting some books on finance when this popped up! Great advice Matt 🙌🏼

  • @abhishekbhattacharya5725
    @abhishekbhattacharya57252 жыл бұрын

    very motivating as usual. you are an absolute legend matt.

  • @souperbeefy.
    @souperbeefy.2 жыл бұрын

    Was buying hundreds of dollars worth of Dogecoin a personal finance mistake? yes😂

  • @michaelgee568

    @michaelgee568

    2 жыл бұрын

    If you didn't sell at the peak/held on too long, then yeah.

  • @souperbeefy.

    @souperbeefy.

    2 жыл бұрын

    @@michaelgee568 which is exactly what I did😂

  • @carolinaneves404

    @carolinaneves404

    2 жыл бұрын

    some people win but some people will loose

  • @mattdavella

    @mattdavella

    2 жыл бұрын

    Lol

  • @alfredodavila94

    @alfredodavila94

    2 жыл бұрын

    stay away from crypto man, that is not a good financial decision...

  • @GabrielMartinez-sd8pc
    @GabrielMartinez-sd8pc2 жыл бұрын

    For weddings I recommend: 1. No more than $3k 2. Invite 10-15 people only. The congregation should be people who will minister to your marriage when your marriage gets hard. 3. Use the money on goals like debt payoff or maybe a better honeymoon.

  • @ErinTalksMoney
    @ErinTalksMoney2 жыл бұрын

    Love your mustache and the video, I love that you mention that there is that emotional connection to money! It’s so true!

  • @ashleyball648
    @ashleyball6482 жыл бұрын

    Timely video! I've got on top of my personal finance situation recently, I'm lucky I've never had debt, but still never had an idea of what I was working towards. Thanks!

  • @suman29oct
    @suman29oct2 жыл бұрын

    Why do you need a macbook pro (that too in space grey and with touchpad) when you can get the job done using a acer/lenovo?

  • @mallorysthoughts
    @mallorysthoughts2 жыл бұрын

    okay but why when Matt said "financial freedom" did I think he was about to pitch us an MLM?

  • @wespae
    @wespae2 жыл бұрын

    Great video Matt !! Thank you for sharing Love the part of constantly refreshing your knowledge by reading a finance book once a year even though you may already know it . It’s always good to continuously sharpen the blade

  • @besmabensadoune7966
    @besmabensadoune79662 жыл бұрын

    Love all your videos about handling finances, your advices are so helpful

  • @pinned.bytheofficertatum9337

    @pinned.bytheofficertatum9337

    2 жыл бұрын

    Thanks for your comments. For good financial tips,advice and information W•H•A•T•S•A•P•P

  • @brettzeigerbacher2314
    @brettzeigerbacher23142 жыл бұрын

    Matt: "Live a less luxurious life". Also Matt: "Your wedding is going to cost 2x what you plan for". 🤣

  • @andresgabrielr.ignacio9789
    @andresgabrielr.ignacio97892 жыл бұрын

    That mustache is a mistake

  • @ConsciousMoney
    @ConsciousMoney2 жыл бұрын

    I love how engaging you make personal finance sound. 👌🏼. I would add working on your own identity around money and confronting any unhelpful belief systems which are often huge drivers for how we do money.

  • @mjolninja9358
    @mjolninja93582 жыл бұрын

    Living by the principles of the Tao, Stoics and Minimalism I’ve learned so much about myself in what I really need separated from what I just want.

  • @DeerghKataria
    @DeerghKataria2 жыл бұрын

    As an 18 year old, I think GEN-Z will be worse than Millennials.

  • @yahooboi261

    @yahooboi261

    2 жыл бұрын

    For sure 😔

  • @TuomasKivioja
    @TuomasKivioja2 жыл бұрын

    The one person who disliked this video just spent their life savings on a new Mustang

  • @ErinTalksMoney

    @ErinTalksMoney

    2 жыл бұрын

    Hahaha!

  • @deanbaker3418
    @deanbaker34182 жыл бұрын

    Good to see you back!

  • @functionallycool
    @functionallycool2 жыл бұрын

    Matt is rocking the “Ted Lasso”. Love it

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