Can we take a moment to appreciate how we don't have to watch any ads on this video! Thank you so much for making the choice to go with quality videos over more money, Matt. It's all those little things that make a huge difference.

@themoneypromethod465

5 жыл бұрын

Co-Sign!

@DASHBARKS

5 жыл бұрын

realizing the details! NICE!

@AB-su7jt

5 жыл бұрын

what is adblock

@garydrago

5 жыл бұрын

Short term loss for a long term gain. Viewers who like and respect him know he's in for quality not quantity and will be more willing to spend money in the long run. It's just a better business model, everyone wins

@JDM370gt

5 жыл бұрын

This whole video is an ad. More than likely the guest/author of the book is paying him to be featured in the video to promote himself and his book.

The only advice I've taken is from Jay-Z... if you can't afford it twice don't buy it lol.

@eppsislike

5 жыл бұрын

But why would you want it twice if you only need it once?

@juliosoares4880

5 жыл бұрын

@@eppsislike cause most things have a cost of maintenance or will only last for so long. e.g. a car, having the money to buy it doesn't mean you can pay for gas, mechanical stuff, tickets, fixing in case of accident and so on. even for other things, if you spend most on your money on something that you'll need to replace soon or that takes from other necessary things, you're screwed. hence you should only buy one if you have that cushion for two.

@garrettk7166

5 жыл бұрын

Eppsislike: it's also about the extra money people pay because of credit card interest. Most people buy things with credit cards, then pay a bunch of interest on the item because of the credit card's 15-20% interest rate. Plus they're working longer & harder to pay down that credit card debt. Save up. Have more than double the amount for the item. If it's really something needed/wanted, buy it at that time. The other point.. a purchase ought never to wipe out your cash buffer. If you have $3000, and you spend $3000 on an item, you're out of cash & have to use credit cards if something comes up. If you wait till $6000 before buying the $3000 item, you have $3000 left over for the unexpected.

@eppsislike

5 жыл бұрын

@@garrettk7166 makes sense. I'm from Europe so I'm not really acquainted with this term, nor can I understand why people would enslave themselves to interest just to buy something.

@AnthonySforza

5 жыл бұрын

Some advice I once got is that it's not only best to pay for things in cash, but in that regard, if you can't take the amount it would cost for whatever it is (An album, shoes, a watch, car, etc) and set it on fire without wincing, then you can't afford it. Much like the Jay Z line, it makes one more cautious about what they're throwing their money to. In that, if one can't allow these things, then the expected reaction is "Pass" and therefore spend their money more wisely. Which may, in turn allow them to be able to do it later on, when the cost of that car is only

nobody: Matt: I was $90,000 in debt and bought a new car and a leather jacket i love hearing this everytime LMAO

@KimFirsttimemom

4 жыл бұрын

Jordan Edwards yes! It’s so good to hear because it makes people realize that their priorities aren’t clear

@michaelsquat6894

4 жыл бұрын

haha we have same pic

@liljordlord

4 жыл бұрын

UNKNOWN brothers 😳😳🙏🏾

@tabbywarrior

3 жыл бұрын

And a tv

@garrisonkobe2535

2 жыл бұрын

Legendary!!

This video, changed my life. I bought the book and I did what he said. Every dollar I spend next month is already budgeted and set a side. I've never felt this chill about money in my life. Thank you so much for interviewing this guy.

@leiasart4610

4 жыл бұрын

@Zeo Ze I'm curious too :D

@jayboi9149

4 жыл бұрын

Hey man how is it turning out for you?

@techybanda6099

4 жыл бұрын

he kinda sold his phone so he cant reply to all of you to make some more dollars

@Nickster7

4 жыл бұрын

TechyBanda 🤣🤣🤣🤣🤣🤣

@intrigued1013

3 жыл бұрын

I used to be scared of money, which was quite rational. I grew up poor and never had enough. I was homeless at one point as a child. These videos helped change my relationship with money. Thank you for helping me transform my life.

I love those interviews in your living room. They are not just very entertaining and inspiring, they're also very relaxing to watch.

@matthi1786

5 жыл бұрын

Kann dir nur zustimmen Nessa.

@farkasjulia

5 жыл бұрын

Clean up your house then.

@TalksWithTJ

5 жыл бұрын

I agree, authentic and make it feel as if we're all just in a friend's living room talking!

@MaxLeeandOccy

5 жыл бұрын

Nessa Goes Wild Nessa! Good to see you over here too. Knew you had good taste 😉

@cherrytung

5 жыл бұрын

His video are all so relaxing to watch, so different from many other KZreadrs

Invest in Matts triceps and biceps. They’re always growing.

@abbieamavi

5 жыл бұрын

this should have more likes

@Linkinpark2720

5 жыл бұрын

lmaoooo

@ajh.4131

5 жыл бұрын

I’m offended that Matt hasn’t commented on this 😂

@ThisDesignLife

5 жыл бұрын

lol

@sam_180x

5 жыл бұрын

buy bitcoin thank me later

Instead of buying $3 coffee, drink Grahams 20c iced coffee. (lol)

@everything-has-a-handle-now

4 жыл бұрын

Or buy a coffee machine and a travel mug?

@pawsnotclaws2772

4 жыл бұрын

Brendan Pospischil lol

@nabranestwistypuzzler7019

4 жыл бұрын

I don’t drink coffee.

@ichelc

4 жыл бұрын

LOL. I was thinking of Graham's 20 cent coffee too. This guy says $3 coffee a day is not that much money...but if you do the calculation that's $1,095 per year.

@marciesalkowski8139

4 жыл бұрын

ichelc that’s what I was pondering 🙌🏻

Kudos on calling Wells Fargo and Bank of America pieces of shit. My respect for you increased!

This video was sponsored by the latte industry

@alexismisselyn3916

5 жыл бұрын

You all forgot avocado toast

@aiduty8693

5 жыл бұрын

rdennis iT wAs A jOkE

@DeanOckenden8

5 жыл бұрын

Yeah watch out he's a shill for Big Latte

@Blackbereh

5 жыл бұрын

@@alexismisselyn3916 na that's cheap, tasty, and moderately nutritious. Just don't buy it at 'healthy cafe's'

@BreadCatMarcus

5 жыл бұрын

Coming from a barista that makes a 100 lattes a day, Cortado and drip coffee are cheaper and better 😅

The Best method for saving money is forgetting who you borrowed it from!

@yashjoshi4459

5 жыл бұрын

Lolololol

@yashjoshi4459

5 жыл бұрын

We got the same name

@nuu_29

5 жыл бұрын

Lol they'll kill me sooner or later!

@spiritofgamer990

5 жыл бұрын

wrong if you listen to him you are delusional

@rhumpl4929

5 жыл бұрын

well that make me laught xD

I'd just be happy being debt free and not working 40-70 hours per week anymore. Especially night shifts...

@StudentLearning737

4 жыл бұрын

I agree. Add me as a friend please. Plenty of topics to talk Labour

@roveplanteater6738

4 жыл бұрын

I'm debt free therefore am not living scared of my auto immune disease (I'm often unable to work) sending the best of wishes your way! Debt free is an amazing feeling I hope to see everyone experience.

@danielvillagran8941

4 жыл бұрын

Must be a nurse

@carmcam1

4 жыл бұрын

i relate to this so much!

@shelisegr8love

4 жыл бұрын

Amen❤

I think what a lot of people miss about being frugal or money management is make a plan and be mindful. Being frugal doesn’t have to mean “save every penny” it can mean “buy the best quality now so you don’t have to replace it later,” budget doesn’t have to be a dirty word it just means have a map of where your money is going, part of that should be allowing yourself money for the things you enjoy. I like his idea of have a big goal and “backdate” the action steps to get there.

*Money is the consequence of creating a value for people.* If you chase money, you will always suffer. If you chase excellence and creating value - money will follow as a BONUS.

@AANasseh

5 жыл бұрын

That's the message from Spenser Johnson's "One Minute Salesperson."

@allan996

5 жыл бұрын

@@AANasseh That's what this guy basically does to promote his channel. Steals emotional quotes and spams them on motivational videos...

@Gorilla289

5 жыл бұрын

Wow. Thanks

@megapet777

5 жыл бұрын

Okay if you don't care about money you can send all the extra to my bank account

@farkasjulia

5 жыл бұрын

Ossein is right, many people will not understand. I learned from Sadhguru and Alan Watts. Will never go back to my miserable life. Now I do what's needed and do it joyfully and money comes anyways without a struggle.

This guy literally blew my mind with the natural way of approaching complex things. I'm going to follow him now forever.

@DASHBARKS

5 жыл бұрын

truth!!

@thescrybe

5 жыл бұрын

Me too!

@Cj-nd3nv

5 жыл бұрын

You are displaying classic symptoms of Millennial induced Lost Sheep Syndrome. Seek help now, why you still (MIGHT) have the chance. Best of luck in getting out of your stupor, brother!

@ReneZZ

5 жыл бұрын

Cj hahaha what

@Cj-nd3nv

5 жыл бұрын

@@BrendaBlanco - you should change your name to Millennial Clear-headed

35 minutes without ads is worth watching and context itself is so pragmatic and empowering. Keep it up. Seriously Thanks Matt.

@anti-ethniccleansing465

Жыл бұрын

Video has ads now lmfao.

I've been saving 13% of my paycheck every two weeks for the last 3 years. I am re-writing my financial world and not allowing my upbringing to hinder me. This video was a gem, most definitely buying the book to keep it up.

That’s is some quality self-D’Avellapment content.

@TwilightBacon

5 жыл бұрын

NotaCharvy nice

@carlodellepianemusic5064

5 жыл бұрын

#self-D’Avellapment

@MaddieDream

5 жыл бұрын

OMG I love this

@chollysa7777

5 жыл бұрын

Underrated comment hahaha

@smiley7009

5 жыл бұрын

r/punpatrol yes, this one officer

My only problem with personal finance gurus is that it seems like they made all their money from teaching others how to make money before they even made any money there self. It seems a bit odd. So I ask one question, did this man become “rich” BEFORE he wrote a book on how to become rich?

@LorenzoCalgaryRealtor

5 жыл бұрын

Finally, a smart man/comenter

@tbsfreak

5 жыл бұрын

Exactly. Immediately stopped watching the video after he mentioned he just “decided” to start writing this book. There was no proper advice whatsoever.

@abundantsunflower1107

5 жыл бұрын

InspirationNation right! He got rich off of us little People!

@kaldo_kaldo

5 жыл бұрын

He never said one time that he was rich. He also said he took schooling in psychology and finance before writing the book. He said his approach was to avoid the bullshit that other people do which means he likely read a lot of those books before learning what makes sense, what's helpful and useful, and what is a bunch of shit that is just wasting the reader's time. The point of the title "I Will Teach You to Be Rich" is that you can "live rich" without a lot of changes, if you just cut back on the things that don't matter and focus on the things that do. Plus, doing things to increase your income now and in the future help you get more of what you want.

@esmondtsang6818

5 жыл бұрын

I would just like to point out Ramit Sethi is a Stanford Graduate who actually earned over $100,000 in scholarships. As a student, those two are extremely impressive alone, and together they point to a phenomenal person looking to share advice on personal finance. Of course, he makes money off of his books, but you can read many of the same concepts and ideas through his blog www.iwillteachyoutoberich.com/

Dont buy a car with a loan, buy a cheaper one you can actually afford

@mcdonaldsguy8420

5 жыл бұрын

Agreed. I would even go one step further. Learn to ride a motorcycle, especially if you live in the city. Get a small 125cc Honda used for like $1500. Spend less money on gas as well. It's also so much fun! I ride an old Yamaha DT100. Super cheap, super fun.

@davidm1922

4 жыл бұрын

@@mcdonaldsguy8420 This works if you don't have any hobbies that require gear, like skiing, windsurfing, SUPing, etc. Also, motorcycle drivers are 5x as likely to have a fatal accident than car drivers.

@lassi5423

4 жыл бұрын

Have fun riding your bike in -15°C, I've been there, it sucks

@bounzig

4 жыл бұрын

That's not entirely true. Depends on your budget. If you cant pay cash for a car that is in great condition, that works and wont break down every week, you are better off with a car loan or leasing. Repairs on a crappy car will be far more expensive than a descent car on a loan.

@rodrigo4379

4 жыл бұрын

thats true! i bought my first car at 17 and got a cheap honda civic 1.4 lsi, i wanted a b16 type R but not going to make credit for a car. buy used, thats the secret

My book: You can be rich, just make loads of money. The end.

@mcdonaldsguy8420

5 жыл бұрын

Well, guess I better throw money at you. Thanks for the advice!

@danielkocoski6994

4 жыл бұрын

The point is you can manage your money on any budget by cutting things out that you don’t truly care about

@ndpd7695

4 жыл бұрын

Thank you I feel so inspired

@anamshah8771

4 жыл бұрын

Make loads, spend less, invest more. Done

@fer_m3016

3 жыл бұрын

Hahaha good one

My father always told me: if things get expensive, you need to earn more, not save more

@nelewruck4316

5 жыл бұрын

It's beautiful you have been told that 💕

@deryamelody5423

5 жыл бұрын

Easier said than done 😂

@nelewruck4316

5 жыл бұрын

@@deryamelody5423 true 😂👌 But possible💪

@Bakwazan

5 жыл бұрын

How about spending less on stupid shit?

@rglucia

5 жыл бұрын

Not very smart advice wasn’t?

This guy is a Genius. He starts off by roasting every other financial guy and promising not to repeat what they say. Then he gives the exact same advice just rotated slightly to make it what people want to hear. So dope!!

@andreidmny

5 жыл бұрын

This is exactly what happened lol. It initially sounded so promising only to end on the same note as all the others.

@BadDecisionDinosaur89

5 жыл бұрын

There's a lot of really hollow bullshit in what he's saying.

@famescare9376

5 жыл бұрын

Check out Graham Stephen you won't regret it

@austinblackburn8095

5 жыл бұрын

@@famescare9376 Graham would drop kick this fucking fake guru. This guy's advice is trash and only makes money selling how to make money. However the only way he made his money is selling how to make money.

@AchHadda

4 жыл бұрын

not really his way is automation which is completely different than most other gurus i seen

I don't know if his salary raise concept works when you're a line cook at a burger king.

@checquin

4 жыл бұрын

I think he mentioned getting a good job was important

@AchHadda

4 жыл бұрын

And being very good at your job is important

@TheTheoser

4 жыл бұрын

Start cooking double the burgers.

@lisar.2549

4 жыл бұрын

The first step for most people is looking around, or doing what it takes, to get a better job.

@berksarioz969

3 жыл бұрын

You can become a line cook at a decent restaurant if you get precise and efficient. It's not a great increase but it'll definitely be something.

this very interview made me get serious about my finances a few months ago. since then, i’ve listened to the book (audiobook) 3 times, taken a detailed and birdseye view of my situation, and have almost saved enough to invest. i’ve only told my brother and my partner, because it’s something i feel like i can control (despite losing over half my work shifts). so thanks Matt, i needed this and it’s made a big difference!

How to be rich: Write a book about "how to be rich" and convince people to buy it

@keepinitsk8a516

5 жыл бұрын

keecefly Roflmfaoooooooo

@extrasmalldoll654

5 жыл бұрын

Exactly.

@codycast

5 жыл бұрын

xxlintux so write one? Yeah. Exactly

@CharleswoodSpudzyofficial

5 жыл бұрын

But you have to be rich first though so that's invalid.

@xxlintux

5 жыл бұрын

@@CharleswoodSpudzyofficial You don't need to be something to lie about it

35 minutes!? Wow Matt your insane thank you for this free content!

@kgal1298

5 жыл бұрын

I like how on Patreon he has the full 75 minutes.

@jgaming765

5 жыл бұрын

Kate Me too, but it’s great how he provides add free top tier content on KZread also.

I come back to most of his videos once a year just for a refresher. Such an inspiration.

Thank you Ramit! After watching this interview I downloaded your book as onto my kindle and got reading. It was a breath of fresh air!

A great man once said "Use money as a tool, no great creator falls in love with the tool but the product they make using it..."

Me at 5, looking at my parents: What's it gonna take to be the best around here?

@rosegoldmermaid

5 жыл бұрын

Hahah that's gold

@sofiagutierrez4224

5 жыл бұрын

😂👍

@CreativeBuilds

5 жыл бұрын

**Queue Pokemon theme**

@DASHBARKS

5 жыл бұрын

right!

@TashiSan1993

5 жыл бұрын

you are sadly one of the worst around here, keep trying bud.

This is fundamentally the best video I’ve ever watched on KZread, literally, ever, so far! Damn! Actionable, to the point, no fluff, hit the target where it’s sitting.

20:27 love this! I heard this tip in the book "Never split the difference" and I ask it in every job interview. It helps you see what you need to do to get a promotion and move up from the role

I’ve taken Matt’s advice and started to read a book on finance once a year, game changer!

@alwayscreatingio

5 жыл бұрын

Curiosity Culture same here! which books have you read?

@silvervixen007

5 жыл бұрын

@@alwayscreatingio which book?

@cherrytung

5 жыл бұрын

imma ask too... which book?

@certifiedfinest5065

5 жыл бұрын

Curiosity Culture nigga..which book?

@certifiedfinest5065

5 жыл бұрын

Cherry Tung - The Frugal Designer Handbag Lover you’re pretty!

Literally the best videos for me. Not only speaking the truth but encouraging others to find their own type of "Less".

Just amazing people with amazing content! Appreciated! Hope too see more from you Matt.

Oh my, just when I thought that I was upping my game and providing "value" I see this video which is so jam-packed with things so many of us struggle with. Thank you for putting out this video. It has brought so much perspective into my finances.

I feel like Matts my dad even though we are the same age 🔥

@tonicaffierro2549

5 жыл бұрын

I ja volim tvoje ime 😍😍😍 Many greetz from Hamburg Germany 😘

@wandarichardson4213

5 жыл бұрын

He's a dad to us all😊

@vhmux

5 жыл бұрын

@PancakeGaming Thank you sir!

@vhmux

5 жыл бұрын

@@tonicaffierro2549 Hvala, pozdrav iz Melbourne, Australia!

@gajapekosak2874

5 жыл бұрын

Ohohoh brate, daleč od doma

Focus on the big ones AND cut back for the fastest growth. Because $10 saved is not the same as $10 earned. $10 earned is more like $7 after tax. Don’t be a hermit crab, but also don’t splurge more than necessary, the key is balance.

@smallchildlord637

5 жыл бұрын

as all things should be

@kandhu6066

5 жыл бұрын

smallchildlord r/unexpectedthanos

@deefizzle

5 жыл бұрын

Zachary Laid Finding Freedom sdsssśrrrr

@timeslowingdown

5 жыл бұрын

Yeah but it's much easier to increase your income by $10 a day (or $7 a day) than to cut $10 out of your daily budget. (Disclaimer, I didn't watch the video)

@rhondac.891

5 жыл бұрын

$10 saved is also not the same due to inflation

This is such an amazing video, I 100% needed to hear this stuff.

Feeling absolutely inspired to change my thinking just from this conversation alone. Thank you

Money is the main source of anxiety in my life

@armysimp

5 жыл бұрын

You can find a rock to live under it

@lukahenigman8453

5 жыл бұрын

Davis Morgan Zollars, try living on $2.50 /day...it may sound stupid but what you will realise (once you turn it into a game) is that it’s actually not that hard and that will give you a lot more confidence in your financial abilities moving forward.

@KyleWilliamsMusic1

5 жыл бұрын

Luka Henigman dumb lol

@DrewTaylor1022

5 жыл бұрын

@@KyleWilliamsMusic1 are you calling the third world countries with poor people surviving for 2 dollars a day dumb???

@joshuahall7767

5 жыл бұрын

I've got a friend who realized how much he was wasting, so he set up a super strict budget for him and his family for a whole year. Now he knows he's going to fail, but hes getting better and better at monthly budgeting. Similar to the $2.50 a day idea, he uses "zero days" turning it into a game to try and not spend any money that isn't budgeted. It will be difficult, but he's working towards his rich life and getting better at planning along the way.

How to be rich? Sounds like he became rich by selling a book about becoming rich.

@GhastlyDerp

5 жыл бұрын

Staying rich is harder than becoming rich

@brunovazquez1

5 жыл бұрын

GhastlyDerp sell me this book

@brandenvanmatre3603

5 жыл бұрын

No one said you couldn't do the same...

@onurkansaracoglu529

4 жыл бұрын

@@GhastlyDerp it is not

@sergerijkenberg7470

4 жыл бұрын

@@GhastlyDerp No ignoring the lucky few winning lotteries who pretty much always blow it all, most people becoming rich do it through hard work and living below their means. Someone becoming rich that way will have a damn easy time staying rich, just not change their habits.

New subscriber here: I love your channel. The quality content you make is insane. The videos are compulsively watchable, entertaining and to the point. And so helpful! Thank you for this interview!

wow Ramit is amazing, I love the passion (I know where the passion is coming from and when it is genuine). thank you for interviewing him. *going to buy the book *

If you don’t control your expenses or track them, it’s easy for them to creep up to your level of income. Having the mentality that this guy takes to money is the counter opposite of simplicity since he says it’s a waste of time to focus on saving low cost goods. Expenses matter and do add up over time.

@TheStianmann

5 жыл бұрын

Yes, small expenses matter, but cutting down on one small everyday expense that brings you joy will not help much in getting financial freedom. You of course have to be aware of your purchasing habits, but his point is that focusing on increasing your income will make a bigger impact on your personal finances than cutting back on small expenses. Just be careful to only spend money on things that actually matter to you.

@DSon25

5 жыл бұрын

"$3 a day isn't that much money anyway." "Paying an extra $20 a month can cut your debt payoff by years!"

@eigojiyouzu

5 жыл бұрын

@@DSon25 lmao

@gettintherejanice6216

5 жыл бұрын

the link between minimalizm and his way of thinking of money is a focus on priorities. instead of the focus being cut back on your expenses. you figure out what it is you want to spend your money on. In the frugal community you will see a lot of people who go on and on about being as thrifty as possible in the area of food. for me I like food. I very much want high quality food. and some conience too. what I eat has a significant impact on my quality of life. getting my nails done not so much. so rather than me trying to get my family's grocery budget down to 300 how about I raise it to $600 and focus on how to make that happen and perhaps part of it is cutting back on things that don't matter. however in that at this point I am not going to be able to cut that much from any other source so inorder to achieve that I would need to increase my income. he was compairing the money saved from not drinking a latte to the increase in money from the raise aswell as maximizing investing.

@chandlerkennell870

5 жыл бұрын

I agree. When he says that if you run the math, $3 for coffee everyday isn't that much money. $3 everyday is $90/month or $1,080 each year on something that simply isn't necessary. You can make your own coffee at home for 10-15% of that cost.

I immediately went and bought his book! Such a great interview.

@daniel_lisbona

5 жыл бұрын

CharliMarieTV haha bought the second version too hahaha

@miguels1327

5 жыл бұрын

Lol

@themoneypromethod465

5 жыл бұрын

Oy lol

@TheRandomeez

5 жыл бұрын

Tell me. How do you find the book? Should I get one?

This video pushed me over the edge to subscribe to your Patreon. Your content is so valuable and I appreciate you.

Fantastic interview. Thank you!

Bless you. I just found out I'm losing my job come August/September so finance is at the forefront of my mind. Am actually in the middle of redoing my budget right now so this couldn't have come at a better time

@alwayscreatingio

5 жыл бұрын

Lauren-Eva M good luck with everything 🙌🏼

@deestrip6848

5 жыл бұрын

Everything will be fine :) you at least have a bit of time to think how to solve this

@baccano2787

5 жыл бұрын

Good luck!!

@jinxjink7457

5 жыл бұрын

Lauren-Eva M: Sometimes life intervenes to force us onto the path we've been resisting, to our greater potential ... I wonder if there is something you've always known you were meant to be doing and now you'll have the chance to pursue it? I know it's tough but you'll be okay... And wind up in a better place.

"Posted 8 seconds ago.." YES, ANOTHER ONE!!

@artoriasblue

5 жыл бұрын

Same, lol.

@capybara6810

5 жыл бұрын

Same

@listmaker9020

5 жыл бұрын

*In DJ Khaled's voice*

@anujupadhyay8731

5 жыл бұрын

More like "Ah shit here we go again"

@darthvader5514

5 жыл бұрын

Can you sum up the video

Thank you so much for this!! Honestly no one talks clearly and honestly enough about this and there's just a swarm of information. I'm tired of hearing that I have to live like a monk because I'm a student, I'm young I want to party and look good and not constantly be guilt tripped for enjoying my money instead of being a broke student. Thanks again, bring on ALL the videos about money

Man such an awesome video could of kept listening to the both of you guys speak for ages man was honestly so awesome to listen to much love from Australia

Who else instantly clicks once Matt uploads

@tonicaffierro2549

5 жыл бұрын

Who needs those Comments man

There’s something special about this guy 🤙🏻

Hi Matt, I've been following you for the past two months and I gotta say you have definitely made an impact on me. I saw this whole video through and noticed no ads while watching it, I really appreciate that. I didn't know that was a choice you made. I will try supporting you on Patreon in December, as I just got back from vacation and I'm penniless Jajaja. Keep up doing your thing man!

This is so great,thank you KZread and uploader for making our life easier

Mixed feelings on this. Frugality is not a bad word, he makes it sound like one is “cheap”. I live on a 40 acre farm in a nice cabin, own a boat, three cars, and have lots of animals. Why we have all of this is because we saved, we were frugal. We weren’t unhappy. We made intentional choices. It felt good to find ways to create the same lovely experiences for less... like making a Starbucks style Match Green Tea at home. We live way below our means, drive used cars, and save a lot. We have no debt. My plan has been this. 1.Work hard 2. Pay off debt 3. Save money 4. Prepare early for retirement by paying off the mortgage, invest, and create a source of residual income like being a landlord.

@LilaCruzz

5 жыл бұрын

Pls dont forget that this is also a matter of opportunity. Lots of people save money, but that doesnt mean people will have three cars just by doing that. Black people , for example, people that dont have access to good schools, contacts or good jobs. Its not just about paying debts or saving money.

@dollreemappmmk14

5 жыл бұрын

Have no debt

@dollreemappmmk14

5 жыл бұрын

Never have debt

@maxasante5206

5 жыл бұрын

tell us how you saved 100k for your student loans? or that was not a issue in your lifetime? didnt think so. most ppl arent broke because of starbucks. living expenses and opportunities will make you broke before you even turn 21.

@LilaCruzz

5 жыл бұрын

Zaquoya Tinsley i didnt say that it was just black people, dont know were you saw that. And i said it from a point of view from a person who were born in a city with mostly black people. Im also latina and black. Im from Salvador (Bahia, Brazil). But Its not about if you or me, personally you or your friends, can save money. I can. Its about people that dont have access to good college, that have a sallary of (here use Brazil as an example) 1250 reais and pay 1200 in bills like rent, food and health expenses. They have like 50 to use to transportation and so many other things. I saw that, lived that, its not imagination, its the situation of so many people. Its the reality of so many that lose their houses and cant afford to buy food. Some people dont save because they cant, not because they want to drink more coffee.

I learned how to blog from this man, so interesting to see him in video. Loved this video.

I'm so happy I found this channel! Thank you

Psychology of money is so true. When they were at the point of attitudes you grew up with I actually started crying remembering. It was something never talked about/taught. I was also made to feel like any buying decision was stupid and what I had wasn’t enough. It made me afraid to ask to help or information so I wouldn’t feel stupid

“The slightly above middle class advice guy”

@ifthebeltiscrackedor

5 жыл бұрын

Beard included!

@CraftyF0X

5 жыл бұрын

Excatly! The whole base premise that I spend a single cent on things that I just like is already a way too generous assumption. He obviously can't even grasp what true choking poverty is.

@kanskjegunnarikkegeir5971

4 жыл бұрын

@@CraftyF0X you're obviously not in "choking poverty" if you have a device to watch the video

@CraftyF0X

4 жыл бұрын

@@kanskjegunnarikkegeir5971 I also have a whopping 8 $ salary.... a day. You decide how choking it is.

@sarahwenger4479

4 жыл бұрын

Kanskje Gunnar ikke Geir libraries exist? sometimes people buy more expensive devices and then get laid off or lose their job unexpectedly? just because they have access to KZread doesn’t mean that they can’t be in poverty.

Matt you have inspired me so much, from working for my dreams to enjoying a cup of coffee every morning. I payed loans and next paycheck I'll be subscribing to your Patreon. Greetings from Mexico.

"Dont cut back on lattes" ($4) Yet... "Paying an extra $20 a month can save you years paying off debt" Which?

@ywamdan408

3 жыл бұрын

I think people that minimize or marginalize a frugal lifestyle do it out of frustration that they don't have the discipline to do it, so they artificially minimize its importance

Truly enjoyed watching this video, so glad it popped up on my feed. I’m excited to read his book now !

Get full access to the 75 minute interview on patreon 🤭 I see someone knows how to make their money 👌🏻

@benjavk34

5 жыл бұрын

uhm.. can't we appreciate how amazing his free content is? Consider that he doesn't put ads in his videos..

@JeandrePetzer

5 жыл бұрын

@@benjavk34 Never said we couldn't 😁 I for one love his videos and subscribed because of it. Even though I don't get ads anyway bc of adblocking that intrusive unwanted stuff 😉

@JeandrePetzer

5 жыл бұрын

Thanks Mr obvious

@codycast

5 жыл бұрын

Flash 🇿🇦 who still uses patreon anymore? Most people I know (left, right, or center) bailed on Patreon after their anti free speech actions. Facebook is doing the same thing. It’s scary. Big global tech companies are starting to clamp down at free speech. Don’t know who the guy who runs this channel is (no offense to him) but he should find another way that’s not Patreon

@Chymistry

5 жыл бұрын

You are close minded.

I remember a summer I was broke. Also invited to a good friend´s wedding. I walked to work and back everyday (40 min/way) for about 2 months in order to save $180 (I know is not much, but hey) just to put something on my friend´s husband starter pack (apart from buying shoes, flight, etc.). So it does make a big difference; making daily cuts on key things. Big car vs small car, cooked meal vs ready meal, that kind of choices -when adding the time variable- become critical.

@NA-vt6mz

5 жыл бұрын

Cabroncete Lover ur a good friend

All of your videos and interviews are really inspiring and they help me strive to be my best self. Thank you so much for everything you do, I appreciate your videos :)

This is amazing content! I fell in love the first time I watched this. I persuaded my boyfriend into watching it with me again and it's even better the second time around. I love your work. Please keep creating.

The quality of content is increasing exponentially, good job.👌

So...he published a book "I teach you how to become rich" after losing half of his money in the stock exchange?? and then...he became rich!! He is a Genius!!! 😂😂😂

I am so thankful that I found this channel!

I actually watched this starting to end. I learned a lot ! Thank you for this content ! New subscriber ✌️

I left Wells Fargo and Bank of America because I noticed most of the account holders were always arguing about fees in the lobby

@luxurybuzz3681

5 жыл бұрын

LOL

@iheartjbgccb

5 жыл бұрын

I have wells fargo & take easy precautions to avoid those fees especially since they tell you how to

@UpperCaseX

5 жыл бұрын

@@iheartjbgccb why not just go to better bank

@iheartjbgccb

5 жыл бұрын

@@UpperCaseX What better bank?

Matt's Videos are so satisfying & Relaxing to watch 😀

Thank you for ad free videos!

Amazing Matt! I'm a huge fan of Ramit and this vid pushed me over the edge and had me purchase the book!

@mireillelebeau2513

5 жыл бұрын

So how are you going?

Loved this video! Such a different perspective on money and finances. I was super encouraged when he said, "do you know your debt payoff date?". I absolutely do! 12/2020

This was an amazing interview with a lot value. I'm going to have to buy Ramit's book. Thank you!

Thanks for this video! Such an important topic that I feel we aren't taught about at school or at home. Looking forwarding to more of your content!

Thank you!! I have heard him speak before. Your interview spoke to me and what concerns me. Thank you!! I learned so much and inspired to live better financially. ❤️

wow, Ramit is a great speaker. loved this whole video. Thank you guys.

"when i bought a car, i bought a honda accord", that's a really luxury and expensive car in Brazil, even a civic is considered a luxury car down here, so it's really funny to hear him talk like it's a cheap car he don't care about, i would have to work 16 years on my last job, saving every single penny, to be abble to aford a honda accord. [edit:] Not complaining, just amused to see the differences in perspective about certain things.

@Shin280891

5 жыл бұрын

Here in Russia Accord is not considered cheap either!

@richardhall448

5 жыл бұрын

Damn. Really makes me feel like I'm rich with two Toyota Camrys. I live in the US

@ljefferies2012

5 жыл бұрын

An accord isn't a cheap or crappy car in America, but in comparison to what other best selling authors or business owners would drive (bmw, mercedes, huge expensive SUV, etc) it is a good example of not spending/wasting money just because those in your income bracket or with your type of job are buying certain things.

@kaldo_kaldo

5 жыл бұрын

The cars that most self-important CEO types drive and the average American wants to drive, they cost 2x, 3x, 5x the price of a Honda Accord, just for comparison.

@dienand_

5 жыл бұрын

same here.

Man you are adding so much value to our lives.Thank you🙂

3$ a day is "simply not that much money" ,but $20 - $50 a month cut dept down by years...hmmmm

@UnArmedFilms4U

5 жыл бұрын

I think he's referring to your priorities, though I see your point.

@faustoleto5441

5 жыл бұрын

I believe its because it will cut down the amount of interest yo pay in the long run, but also 20$ is like 1 max 2 hours of extra work for people in developed countries. So if you were really committed to your goal of 0 debt you could easily pay an extra 20$ every working day by working 1 or 2 extra hours which would help a lot. Also I think his strategy for getting a raise was useful advice.

@PointyGorman

5 жыл бұрын

he talks very abstractly and vaguely about nothing.

@lr3361

3 жыл бұрын

nori that's because you need to buy the book.

@marnenotmarnie259

3 жыл бұрын

yeah it's not that much… if you're already financially well off…

Your recommendation of Dave Ramsey’s Total Money Makeover last year changed the way I handle my finances and importance of having clear plan to financial independence. Now I am on my way to create different source of income thru freelance app development. Thank you so much for these high quality content! 🙏🏼🙏🏼🙏🏼

@alwayscreatingio

5 жыл бұрын

towambii Just started reading it!

@towambii

5 жыл бұрын

Steven Van you will not regret it. It relates highly with my pursuit of essentialism. My key takeaway in the book was, DEBT is definitely NOT essential and can really be avoided given the right mindset.

@MrPinpoint007

5 жыл бұрын

Ramsey is a bit to over the top and hyperbolic. Just do the common sense things and you’ll be fine.

@lania3717

5 жыл бұрын

Dave Ramsey is great for getting out of debt, he helped me too. But Ramit Sethi really will teach you to be rich through investing. Now it's time to invest and have your money work for you.

@monikammd5395

5 жыл бұрын

Ok, searching that video RIGHT NOW..

Hoping to be able to join your $12 patron tier next month 😁 keep up the good work man you're my inspiration!

wow okay I just found this channel and I am already hooked and loving it. Thank you for this awesome content!!

“You’ll watch your career soar!” - not if you work in a Government job where your wage is the wage, especially in the UK. You can’t negotiate Government pay scales or promotions, pay rises don’t happen that easily....

@cindyshome32

3 жыл бұрын

If more money is your goal. Sounds like you need a new career. 🤔

@Spazza42

3 жыл бұрын

@@cindyshome32 Money isn't the goal. Job security, a secure income and a good pension are.

You know it's always a good day when Matt up loads a vedio

Notif squad! Keep spreading positive vibes,matt!

I am glad I watched this video again. :D thank you guys. more power to both you.

literally mind changer....loved the way of explaing minute details too

Sadly true: having a good life doesn't take much, just take a moment to sit, reflect on what you want with a DEADLINE which will remain unchanged till the end. And it would be done. We can anything once settled up to it.

The only channel who told us to not cut back on starbucks and stuff 😅 Love it!

@turbolaze1

5 жыл бұрын

Jesslyn wynne lol gonna stay broke too

Thank you for asking about the people who are struggling. A lot of lifestyle/money/minimalist/personal development can be pretty classist. Hearing that question made me feel heard, and getting the answer gave me a plan for out of college.

That's amazing informative video thank you :) definitely will check more of Ramit's content

Waited for a week. Immediately destroyed the play button.

@mattdavella

5 жыл бұрын

RIP play button.

Dude I NEED a in depth workout episode. Your biceps take up 50% of the screen!

I have not yet finished this video but, thank you very much. this was some much needed and extremely helpful content

Excellent interview. Shared it with 5 friends. Thanks for that 🙏🏼🤗