How I paid off $117k of debt in 4 years.

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Пікірлер: 969

  • @Kingpittbul
    @Kingpittbul2 жыл бұрын

    “I had 97k in student loans then bought a brand new car” Dave Ramsey: “you got to be kidding me”

  • @dailymemeshorts

    @dailymemeshorts

    2 жыл бұрын

    kindly pass by to watch some shorts

  • @senuauwu

    @senuauwu

    2 жыл бұрын

    Best crossover

  • @senuauwu

    @senuauwu

    2 жыл бұрын

    Dave Ramsey Ask for a raise in your job

  • @ivybanks7936

    @ivybanks7936

    2 жыл бұрын

    Dave Ramsey "Act your Wage".

  • @michagabo8819

    @michagabo8819

    2 жыл бұрын

    When things were at their very worst: 2 Suns, Cross in the sky, 2 comets will collide = don`t be afraid - repent, accept Lord`s Hand of Mercy. Scientists will say it was a global illusion. Beware - Jesus will never walk in flesh again. After WW3 - rise of the “ man of peace“ from the East = Antichrist - the most powerful, popular, charismatic and influential leader of all time. Many miracles will be attributed to him. He will imitate Jesus in every conceivable way. Don`t trust „pope“ Francis = the False Prophet - will seem to rise from the dead - will unite all Christian Churches and all Religions as one. One World Religion = the seat of the Antichrist. Benedict XVI is the last true pope - will be accused of a crime of which he is totally innocent. "Many events, including ecological upheavals, wars, the schism in My Church on Earth, the dictatorships in each of your nations - bound as one, at its very core - will all take place at the same time." "Arab uprising will spark global unrest - Italy will trigger fall out" The Book of Truth

  • @alyssabird720
    @alyssabird7202 жыл бұрын

    My husband and I are $3000 away from being debt free!! What a relief that will be!

  • @reshukumar1229

    @reshukumar1229

    2 жыл бұрын

    Hey, congratulations!!

  • @kyf_

    @kyf_

    2 жыл бұрын

    That's sweet🙃

  • @aliciathomas7576

    @aliciathomas7576

    2 жыл бұрын

    Congratulations! That is super exciting!

  • @navinnumasuthenprekash855

    @navinnumasuthenprekash855

    2 жыл бұрын

    Congratulation, all the best.

  • @alyssabird720

    @alyssabird720

    2 жыл бұрын

    @@navinnumasuthenprekash855 thank you all! 3 more months! We can't wait!:)

  • @JessicaVianaa
    @JessicaVianaa2 жыл бұрын

    As an European, the fact that Americans step out of college with the burden of paying off mortgage-level amounts of money in debt blows my mind

  • @sameermishra3598

    @sameermishra3598

    2 жыл бұрын

    Yup it's just mind boggling 🤯

  • @no.ca5270

    @no.ca5270

    2 жыл бұрын

    Lmao

  • @JessicaVianaa

    @JessicaVianaa

    2 жыл бұрын

    @@instantsiv I'm sorry but I don't know what part of Europe or even what kind on "inherited debt" you may be referring to.

  • @johncanaparius3233

    @johncanaparius3233

    2 жыл бұрын

    @@JessicaVianaa he means the story Americans tell themselves that they don’t pay the taxes Europeans do to finance universities

  • @LaVaneBea

    @LaVaneBea

    2 жыл бұрын

    @@JessicaVianaa yes, but in Europe you are paying most of your money to the system all your life. You are paying for a lot of ppl to go to college who will not use their degrees or even stay in the country that paid for that degree. And is mandatory. In the US people have choices; unfortunately, they've been steered towards the high debt route, but it is a choice...

  • @ajh.4131
    @ajh.41312 жыл бұрын

    I paid off my student loans a couple days ago and it still feels surreal! It requires so much discipline but the reward makes it so worth it! The feeling of knowing that all of my income will now be mine and I don’t owe anyone money is unmatched! 👏🏾👏🏾

  • @taylorwhaley9901

    @taylorwhaley9901

    2 жыл бұрын

    Congratulations!

  • @ajh.4131

    @ajh.4131

    2 жыл бұрын

    @@taylorwhaley9901 thank you! 😊

  • @cookiemonster2371

    @cookiemonster2371

    2 жыл бұрын

    Congratulations:)

  • @mxrcxlino

    @mxrcxlino

    2 жыл бұрын

    Awesome! I’ll be at that point in four months!😌

  • @lvega5606

    @lvega5606

    Жыл бұрын

    And now after you worked so hard to pay off your own debt, millions of Americans are about to get at least 10k of student loan debt canceled by Biden. Not sure how that's fair.

  • @AtoZenLife
    @AtoZenLife2 жыл бұрын

    That’s so freaking CUTE with the noodles and soup 🍜 thing. 🤣🤣🤣 TBH, I’m always jealous of people who have the opportunity to move back in with the ‘rents…appreciate them!

  • @sameermishra3598

    @sameermishra3598

    2 жыл бұрын

    Ikr 😂🧡

  • @kimandmikedial9582

    @kimandmikedial9582

    2 жыл бұрын

    And ONLY 18k for a brand new car. Not a bad deal for new!

  • @MrNicePotato

    @MrNicePotato

    2 жыл бұрын

    I thought saying noodles, soup was implied...

  • @howtoadultschool

    @howtoadultschool

    2 жыл бұрын

    Agreed, having the opportunity to stay at home and save money for a few years is a game changer. I was lucky to have the opportunity to do this, and while I had huge fomo sometimes it was easy to be grateful for the opportunity when I saw how quickly I could save money!

  • @Rico401Prov

    @Rico401Prov

    2 жыл бұрын

    Yeah all the rich people with their parents that have homes for their kids to always come back to make me jealous asf 🤣

  • @pupusa9914
    @pupusa99142 жыл бұрын

    My university costs like $100 dollars a YEAR, and the most expensive one in my country costs like $2000 a year. Now I get why people in the US call College a scam, that's straight up theft lol.

  • @kyf_

    @kyf_

    2 жыл бұрын

    Actually... in Greece we even have free education, as long as you pass from exams though. I don't know why many people think is okey to pay this much money in college

  • @kyf_

    @kyf_

    2 жыл бұрын

    Where do you live really?

  • @carolc2574

    @carolc2574

    2 жыл бұрын

    Humm in Spain it is not that inexpensive. About 1000€ a year if you dont get a grant. But high schools are completely free and trade schools are too.

  • @anoukc6928

    @anoukc6928

    2 жыл бұрын

    My boyfriend (born/raised in Europe) told me that he was actually paid to go to school, because his country would cover his commute to university...Bus and train.

  • @pupusa9914

    @pupusa9914

    2 жыл бұрын

    @@carolc2574 Public education here sucks. Still, our public university is very good, but you have to get used to the tear gas thrown at you every 2 months lol.

  • @rossedwardmiller
    @rossedwardmiller2 жыл бұрын

    He actually put himself in that much debt on purpose to have content for his KZread videos

  • @combsbrushes777

    @combsbrushes777

    2 жыл бұрын

    Jesus is coming back , get your life in order , repent before it's too late love each other For God is love . read your bible and pray"

  • @sonybluraydisk

    @sonybluraydisk

    2 жыл бұрын

    Lmao

  • @obamagaming2886

    @obamagaming2886

    2 жыл бұрын

    @@combsbrushes777 k

  • @mschaieme

    @mschaieme

    2 жыл бұрын

    That’s a really dumb way to think but okay

  • @burcuthebadass

    @burcuthebadass

    2 жыл бұрын

    LMAOOO he also became minimalist for this Of course joking

  • @NoorAnomaly
    @NoorAnomaly2 жыл бұрын

    After divorce, the household income dropped by 2/3rds but I still had a ton of debt to pay off, both from before and during the divorce. I was grateful for people who gave hand me down clothing. I have a neighbor who tipped me $20 when I went grocery shopping. I saved everything I could, and like you, paid the debt off in chunks. Last summer, I wrote a check for the last $12000 I owed. It was magical! Since then, I've graduated community college, debt free, gotten a much better paying job, and I'm about to get a new roof on my house. Paid in cash. And don't tell the kids, but since they're so amazing, I've been saving enough to get them gaming laptops for Christmas! 🥰 100% budgeted for.

  • @susannnico
    @susannnico Жыл бұрын

    Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realize that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life

  • @lailaalfaddil7389

    @lailaalfaddil7389

    Жыл бұрын

    It took me 3 years to stop trying to predict what's about to happen in the market based on charts studying because you never know. Please, i need the help of your Investment advisor.

  • @susannnico

    @susannnico

    Жыл бұрын

    *ROCHELLE DUNGCA-SCHREIBER* is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.

  • @lailaalfaddil7389

    @lailaalfaddil7389

    Жыл бұрын

    God bless you for sharing!

  • @theVHSvlog
    @theVHSvlog2 жыл бұрын

    Matt I'm in a similar position. 80k from college. Sophomore year I found you on KZread, listened to the ground up show where you talked about the debt and you paying it off so fast. That became my sole goal after college and I'm now living with my parents working a remote job, working overtime and saving 90% of my income. I have a long way to go but very glad to have found your advice when I did

  • @hedi8975

    @hedi8975

    2 жыл бұрын

    come on man continue ! you're probably doing the best thing you could be doing, I support you !

  • @jedescuzar993

    @jedescuzar993

    2 жыл бұрын

    you got this man!! all the love!

  • @senbebe3320

    @senbebe3320

    2 жыл бұрын

    Yess good luck xx ☺️💖

  • @strawberrycreme7181

    @strawberrycreme7181

    Жыл бұрын

    Gonna be me, I’m just entering sophomore year. I’m so relieved that other people are in the same boat as me. Good luck with paying it off :)

  • @andregameplay9665

    @andregameplay9665

    Жыл бұрын

    You are debt free now?

  • @shannoncooper4113
    @shannoncooper41132 жыл бұрын

    About two years ago I found myself $35,000 in debt, majority credit cards. We were days away from filing bankruptcy when I just had this really strong feeling to push through it and intensely commit myself to paying it off. I cut all of our expenses to the bare bones minimum. Our last payment is in about 10 days. We paid off $35,000 in about 18 ish months. And we don’t get paid a ton but have decent jobs, the biggest thing was cutting our expenses and living on about half of what we make and commiting the rest to debt. It was worth the experience just for the lessons. I can’t wait to buy my husband a second pair of jeans, or some furniture for our empty apartment 🤣

  • @kyf_

    @kyf_

    2 жыл бұрын

    That dedication! Happy to hear your story 🙃

  • @TuomasKivioja
    @TuomasKivioja2 жыл бұрын

    You’ve told this story before yet I still clicked on this because I know that even if I already know the information, you will find a way to tell it in a new and unique way so I am quaranteed to be entertained every time.

  • @mauricioching6856
    @mauricioching68562 жыл бұрын

    I was really tired of hearing about “sacrificing everything” when no one talked about the mental toll it would leave. So this was really good. I decided to move out of my parents this year after getting rid of 30k in debt for my mental sanity. It’s been going ok so far. I appreciate the video. Chunking definitely works too. Thanks again

  • @TomSimak
    @TomSimak2 жыл бұрын

    “Spend extravagantly on things you love and cut mercilessly on things you don’t” - Ramit Sethi

  • @starry_config
    @starry_config2 жыл бұрын

    The first video I watched of yours was one of your student loan videos and we had similar debt situations. It inspired me to take control of my debt that had been weighing me down for years. Now I’m 4 months away from paying it all of. I’m getting a bit burned out from the aggressive debt repayment and I’m so happy this video came out today. Thank you!!!!

  • @KayKayBayForever

    @KayKayBayForever

    2 жыл бұрын

    Congratulations!!!

  • @prathameshponkshe4556

    @prathameshponkshe4556

    2 жыл бұрын

    Congrats man🥳🥳

  • @starry_config

    @starry_config

    2 жыл бұрын

    Thank you!!

  • @joemama4776

    @joemama4776

    2 жыл бұрын

    Well done brother!

  • @albanduro4278
    @albanduro42782 жыл бұрын

    Being successful don' t happen by magic Success is dependent on the action or steps you take to achieve it. Show me a man who doesn't have an investment and I will tell you how soon he'll go broke Investment is building a safe haven for the future: with the right choice of investment that has at least 1% minimum risk and with an Expert guidance, profit and interest should be 700 guaranteed.

  • @futurnekedesin9172

    @futurnekedesin9172

    2 жыл бұрын

    NOBODY BECOMES A MILLIONAIRE OR BILLIONAIRE BY WORKING FOR OTHERS AND DEPENDING ON THEM, GOOD INVESTMENT BRINGS MILLIONS OF DOLLARS AND CONSISTENCY BRINGS BILLIONS. THE MARKET IS ALL ABOUT CRYPTO NOW YOU MIGHT WANT TO LOOK INTO IT

  • @adasohas4557

    @adasohas4557

    2 жыл бұрын

    @@futurnekedesin9172 True, there is never any culture of wealth gathering or wealth creation to keep multiplying your finance that lack an investment value. This means, if you have to plan you must be an investor. that's why Investing in crypto stands to be the best

  • @laurenderrick6578

    @laurenderrick6578

    2 жыл бұрын

    Christelle is really good and everyone loves genuine services, she has helped me recover all I lost trying to trade on my own

  • @laurenderrick6578

    @laurenderrick6578

    2 жыл бұрын

    She's really amazing I still can't believe someone can be this exceptional when it comes to Bitcoin activities

  • @gazmirduro9660

    @gazmirduro9660

    2 жыл бұрын

    People are scared of investing because of the high rate of risks in the business, but there are still some good expert with the right strategies to always win too.

  • @BucketListTravellers
    @BucketListTravellers2 жыл бұрын

    Having awkward conversations about upping rates would be stressful, but sounds like it's crucial to do. Good to hear your perspectives on this.

  • @djg8524
    @djg85242 жыл бұрын

    I'm actually happy I stumbled onto your channel. I decided to go to community college and listen to your channel a lot when it came to financial independence. I cut everything out of my budget unless it is Spotify, Food and Gas. Now after almost 3 and a half years in college, I have absolutely no debt or student loans. Didn't care about what school my friends went to or where they were at. Patience is a virtue to what I have to sacrifice now. Totally worth the wait!

  • @backstroker329
    @backstroker3292 жыл бұрын

    These videos on finance are always posted exactly when I need them. Thanks man 🙏🏻

  • @ExperimentNo626
    @ExperimentNo6262 жыл бұрын

    I LOVE this more sit-down-and-talk-style, Matt!

  • @alexandarmckinney5126
    @alexandarmckinney51262 жыл бұрын

    Your transparency is so refreshing. I look up to your professionalism and your kind heart to your audience. Bravo.

  • @elevate9090
    @elevate90902 жыл бұрын

    So much compassion for your viewers. Super detailed and valuable content. Great video Matt !! Thank you !

  • @samuelflores8132
    @samuelflores81322 жыл бұрын

    Omg this should have been one of your first videos. I'm been waiting for this.

  • @jasoncarraway5030
    @jasoncarraway50302 жыл бұрын

    I have been following you for a couple of years now, and I appreciated all the advice and teaching you have given to your audience. Keep up the good work.I can say you have completely changed my life from your productivity, minimalism, and many more videos that really help and changed many things in my life at my lowest point. So again thank you. You are making a difference in people lives.

  • @michaelgriffinjr.5483
    @michaelgriffinjr.54832 жыл бұрын

    I always wondered how your videos always looked so clean. That’s a perspective I’ve strived to acquire.

  • @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.

  • @siahwya
    @siahwya2 жыл бұрын

    I needed this. Thankful for all of your content. Was just checking off some of the last lessons on Master KZread this morning.

  • @chandrikasartstudio3273
    @chandrikasartstudio32732 жыл бұрын

    Thanks a lot Matt! Your way of presenting things makes things appear manageable and achievable. Its always good to see a person who gives real advice with their own experiences.

  • @Imaworldstar-jw3yj

    @Imaworldstar-jw3yj

    2 жыл бұрын

    Hello, I am studying English with asmr. There is. Please support and subscribe Thank you

  • @artoflaziness4710
    @artoflaziness47102 жыл бұрын

    Being debt-free is one of the best feelings ever. I remember struggling for 2 years to be completely debt-free. Worth the struggle. Great advice Matt !

  • @QuanTheAlchemist
    @QuanTheAlchemist2 жыл бұрын

    This video is a great reminder that all storms come not to stay... But only to pass. Life will always have its highs and lows. Just don't forget to enjoy the journey! Awesome video.

  • @JaydonTobler
    @JaydonTobler2 жыл бұрын

    Wow, this is one of your more underrated videos. The title kept me from clicking for a while because I was like “hasn’t he told this story like 3x already?” But the middle section about your entrepreneurial journey is really valuable. Great advice!

  • @justinmorgan3240
    @justinmorgan32402 жыл бұрын

    I've literally been binging your videos for the past two hours and then this pops up, what a great surprise!

  • @kyf_

    @kyf_

    2 жыл бұрын

    You must had beencraazy bored brother 😆 but yeah, that would be nice if it happened to me

  • @csgloria
    @csgloria2 жыл бұрын

    living rent free with your parents was a big part of getting out of debt

  • @DeannaLeeOLD
    @DeannaLeeOLD2 жыл бұрын

    i love the chunking idea!!! that definitely sounds so much more doable for me thank you for sharing

  • @travelwithtmc
    @travelwithtmc2 жыл бұрын

    Matt! I've been loving your channel for ages but you just merged so many of my own interests and what I teach my (language) students! "Chunking" is the way to do things, for sure. Thanks for the fresh air your channel and your message and delivery bring to the online spaces we occupy.

  • @ashwinanand14
    @ashwinanand142 жыл бұрын

    Love the “chunking” method. Glad to have a name for the way I have been attacking h debt. Feels a lot more tangible when putting a sizable number towards debt rather than a small amount each month.

  • @DemiSamurai
    @DemiSamurai2 жыл бұрын

    I started filming YT this year and I still live with my parents. His mom shutting back of his video is such a mood because my mom does the same when I film lol

  • @thomasfinch
    @thomasfinch2 жыл бұрын

    Not only did you offer sound financial advice but also great advice for growing your own business! Thanks for another stellar video! ✌🏻

  • @TheMarc388
    @TheMarc3882 жыл бұрын

    This is great advice. I had to live with my 'rents working a shitty job until I save enough to get my own apartment and eventually purchase my condo. Not even close to paying off my debt but on the way. Keep doing your thing. Very inspiring.

  • @TheDanaYiShow
    @TheDanaYiShow2 жыл бұрын

    Love the progress over time! Went from "I spent 18k on a new car" to "I made 30k on one project"

  • @TejasVaidya
    @TejasVaidya2 жыл бұрын

    I love your old montages, proud of you bro! :)

  • @pandabossanna
    @pandabossanna2 жыл бұрын

    Love the flashback shots!

  • @VladimirK89
    @VladimirK892 жыл бұрын

    I was raised in a mindset to only get things that you can afford and never spend money on things you would worry to loose. Not sure if that right thing, but never had a debt so far, and feel free and quite happy about that.

  • @WayneThePoet
    @WayneThePoet2 жыл бұрын

    Now this is a good, practical, honest look at a successful path.

  • @johnny675
    @johnny6752 жыл бұрын

    Tks, Matt. You not only share facts on your channel, but also your story, your mistakes and how you became a minimalist. It makes more sense when we see the facts from a real story. Congrats!

  • @JayFriedrichs
    @JayFriedrichs2 жыл бұрын

    Your financial videos are my favorite

  • @MichaelNealeYT
    @MichaelNealeYT2 жыл бұрын

    This is really inspiring as someone who has been struggling with debt since I was 18 (I'm now 28) I can see the light at the end of the tunnel now but it's been a long road

  • @lindseym329
    @lindseym3292 жыл бұрын

    I really appreciated this perspective from someone else!! being in your twenties, you consistently see others your age quickly increasing their lifestyles (or expenses) when their incomes aren’t matching that inflation. I’m glad I’ve personally stayed strong, making similar choices to you, to pay off my debt rapidly while still being able to lead a happy life.

  • @howtoadultschool

    @howtoadultschool

    2 жыл бұрын

    Good for you! It's so hard not to get sucked into 'keeping up with the joneses' when you're in your 20's, but its SO worth it when you're able to become debt free and start on some bigger life goals!

  • @lindseym329

    @lindseym329

    2 жыл бұрын

    @@howtoadultschool I agree completely!! And I luckily do have a few good friends/boyfriend who feel the same way, so I have a smaller bubble of support which helps!

  • @sad_lee
    @sad_lee2 жыл бұрын

    Thanks Matt for the advice! Still chipping away at the debt, a worthwhile challenge!

  • @moritzsielaff8236
    @moritzsielaff82362 жыл бұрын

    I really liked the style of these Info boxes that showed up from time to time!

  • @kyf_

    @kyf_

    2 жыл бұрын

    Yeap👍

  • @johnsamuel1999
    @johnsamuel19992 жыл бұрын

    private college exists even in other countries but it never gets this expensive . something is wrong with the american education system for it to cost so much

  • @kyf_

    @kyf_

    2 жыл бұрын

    Yes brother... it's crazy how someone has to pay 100K for a 4 year education, makes no sense...in Europe youcan find great colleges with 10 times less expenses or even less.

  • @tatebronze
    @tatebronze2 жыл бұрын

    "What are the things making money disappear from your account?" Bills, Matt. Just bills.

  • @nickcatalanotto
    @nickcatalanotto2 жыл бұрын

    Thanks for sharing! Interesting hearing basically the exact story from your perspective. Graduated college, financed a car, and decided "What am I doing?" Glad to say, I paid off all of my debt two weeks ago about 3 years out of college and it feels awesome! Really enjoy your content, keep up the great work!

  • @christinamoran1449
    @christinamoran14492 жыл бұрын

    I loved this video. Thank you for being so transparent!!!

  • @Ojuolape
    @Ojuolape2 жыл бұрын

    I always find the concept of Student Loans interesting because it’s just not a thing in my country.

  • @TheLarryLeo

    @TheLarryLeo

    2 жыл бұрын

    There are a ton of credit facility fintechs rising up here too and loans and credits will be a thing in the near future here

  • @Maid_Sate

    @Maid_Sate

    2 жыл бұрын

    Yeah, it would be so weird having those in Nigeria for that to be a thing, I think our judicial system needs to feel more impactful

  • @wayneflohr7181
    @wayneflohr71812 жыл бұрын

    This video came at a perfect time for me, Matt! I'm 22 and just graduated this year and am looking at 100k in debt. Just had to make the tough decision to live with my parents while all of my friends move out into their own places. I landed a full-time job that pays 30k with guaranteed promotion to 60k+ after 6-12 months in the role. This video helped me realize that it's okay to live at home and to cut costs, and I could not be more thankful. I want to celebrate my first win by moving out once I land that promotion, whether that be in February or August of next year. You also inspired me to use my art skills to start my own company on the side, so excited!

  • @ArtofExtraordinary
    @ArtofExtraordinary2 жыл бұрын

    Your cinematography is stunning and all of your videos are incredibly insightful

  • @Margis6
    @Margis62 жыл бұрын

    Speaking of curating your feeds, Matt, thank you for always creating such nurturing and beneficial content :) you do great work.

  • @raghavagrawal52
    @raghavagrawal522 жыл бұрын

    Graham should see this!! Especially the latte part 😂😂

  • @rubiksboy98
    @rubiksboy982 жыл бұрын

    The title should be: “How bad the U.S. educational system is in 21 minutes”

  • @kyf_

    @kyf_

    2 жыл бұрын

    It's sad. Crearly they're taking advantage of rich americans

  • @anoukc6928

    @anoukc6928

    2 жыл бұрын

    It's not sad, it's shocking. They had such an outdated system. They don't even use PayPass...

  • @Coolguy-qe1mi

    @Coolguy-qe1mi

    2 жыл бұрын

    I graduated with $10k in student loans and an engineering degree. I now make $85k. Not a bad deal.

  • @lewiss.3786

    @lewiss.3786

    2 жыл бұрын

    @@anoukc6928 it's not as if we don't have ApplePay or orther proprietary wireless payment systems

  • @anoukc6928

    @anoukc6928

    2 жыл бұрын

    @@lewiss.3786 Well, you're still late in that field

  • @amywin1573
    @amywin15738 ай бұрын

    1) 1:51 Intentionally cut back on spending 2) 6:38 Focus on making more money 3) 15:17 Stay committed to your vision

  • @JubaProductionsStudios
    @JubaProductionsStudios2 жыл бұрын

    That’s awesome Matt! I have been curious about how was your process for so long!

  • @katieparrish6425
    @katieparrish64252 жыл бұрын

    I unknowingly was doing the chunking method myself! It feels way more satisfying to see the balance significantly drop. I'm sure some people har disagree, but there's also the psychology of the fact tat money isn't going to loans when you are moving it around. It does provide a cushion, and when the cushion gets big enough, you can chunk it into a debt payment.

  • @golovashmaya
    @golovashmaya2 жыл бұрын

    Why do Americans come back to their parents’ BASEMENT? Like, you had a room in their house, where did it go?

  • @wwokkell

    @wwokkell

    2 жыл бұрын

    fitness room

  • @gagne6928

    @gagne6928

    2 жыл бұрын

    The parents transform their old room into an office or something lol

  • @lourlopezsk

    @lourlopezsk

    2 жыл бұрын

    That's a good question I've never thought of (I'm not from the US either haha)

  • @sammitchell2338

    @sammitchell2338

    2 жыл бұрын

    Most likely so he would have more privacy than he did in high school. Most US homes have finished basements and they are as comfortable as a second living room

  • @anoukc6928

    @anoukc6928

    2 жыл бұрын

    in North America, basements are like an apartment. It's finished and confortable.

  • @Sarah-eb9rz
    @Sarah-eb9rz2 жыл бұрын

    Thank you Matt! Really good advice you’re sharing…going to watch this again later with my teenager.

  • @JayTowns
    @JayTowns2 жыл бұрын

    your videos provide so much value. thank you!

  • @emmi7973
    @emmi79732 жыл бұрын

    it's a real privilege to live at your parents rent free after university. I don't know if this is a realistic plan for most people to save money...

  • @apollo.mp4

    @apollo.mp4

    2 жыл бұрын

    you can also get roommates. i’d suggest a larger group (3 or 4 people) cheaper all around and there’s always groups on facebook looking to do so

  • @hritiksamanta4835
    @hritiksamanta48352 жыл бұрын

    Matt has made more money talking about his debt on this youtube channel than the amount of debt itself.

  • @dellyndigital
    @dellyndigital2 жыл бұрын

    Needed this today thanks Matt, I appreciate you.

  • @saracorredor990
    @saracorredor9902 жыл бұрын

    Today I really needed to see this video! Thank you Matt..

  • @CK1000ism
    @CK1000ism2 жыл бұрын

    Funny how moving in with parents is a "sacrifice", especially straight out of school.

  • @brutus_the_butcher5562

    @brutus_the_butcher5562

    2 жыл бұрын

    yeah it's like, the opposite of that. that's a huge privilege. generous on his parents part.

  • @ajh.4131

    @ajh.4131

    2 жыл бұрын

    Depends on the relationship between both people. I love my mom but as I got older and experienced living away from her in my own space, moving back in is a sacrifice. The relationship is better when we’re not living under the same roof so it’s definitely a sacrifice IMO.

  • @CK1000ism

    @CK1000ism

    2 жыл бұрын

    @@ajh.4131 That is fair. I get that it wouldn't be something you would want to do and it is a compromise of independence. I guess the word sacrifice just seemed off.

  • @thalmorbiznitch4028

    @thalmorbiznitch4028

    2 жыл бұрын

    @@ajh.4131 It's a personal sacrifice to you, but an overall privilege that you even had the opportunity. The life you had to deal with was the sacrifice but the OPPORTUNITY is what is privileged about it. But I get you! :)

  • @peterdemuth
    @peterdemuth2 жыл бұрын

    Thanks Matt, helpful information, it just shows how consistent hard work really compounds over time. You did pay off your loan over time and not over night and that’s a big difference to what most young people think about an overnight success.

  • @rudolfslabber6378
    @rudolfslabber63782 жыл бұрын

    Been watching your videos quite a while. This made me subscribe. You might speak about debt but you say a lot about business. It would be great to hear more about how you started your business and what difficulties you faced.

  • @frankc3080
    @frankc30802 жыл бұрын

    thanks for the tips man and thanks for posting !

  • @imicca
    @imicca2 жыл бұрын

    Problem with debt is how cheap it is to get it. And paradoxically very rich people take lots of debt because it ends up being cheapest way to fund something

  • @xoceingo
    @xoceingo2 жыл бұрын

    Thank you, Matt. Really. It's kind of cheesy if I say that I've been looking up to you since 2019, when I decided to get serious in trying out Minimalism. You're an inspiration to many, man. But it's funny that the dislikes of this video also is 117. Super great video againnn. Stay safe, you guys in AU! ❤️ from the Philippines.

  • @vedikamansukhe
    @vedikamansukhe2 жыл бұрын

    Thank you for sharing this! This was really motivating!

  • @shafitaqi4344
    @shafitaqi43442 жыл бұрын

    Can't thank you enough for sharing your experiences, Matt!

  • @ForzaGrowth
    @ForzaGrowth2 жыл бұрын

    Progress breaks unless breaks are taken.

  • @juliannewilkinson1943
    @juliannewilkinson19432 жыл бұрын

    This video is the equivalent of “tell me you went to college in America without telling me you went to college in America”. Why do they allow you to take on SO much debt at SUCH a young age! It’s wild! But good on you for prioritizing your personal finances.

  • @radrose8673

    @radrose8673

    2 жыл бұрын

    Capitalism keeps you in debt and in the working class.

  • @johnsamuel1999

    @johnsamuel1999

    2 жыл бұрын

    @@radrose8673 private college exists even in other countries but it never gets this expensive . something is wrong with the american education system for it to cost so much

  • @connorgreen5989

    @connorgreen5989

    2 жыл бұрын

    @@radrose8673 Government loans to go to a state run school is capitalism, great take kid.

  • @michael_corcoran
    @michael_corcoran2 жыл бұрын

    Really digging the new coloring

  • @SunnyDaysASMR
    @SunnyDaysASMR2 жыл бұрын

    I absolutely love Matt as a creator. This video is exactly what I need. Every single point is so easy to understand yet feels so insightful and helpful. Thank you sooooo much Matt.

  • @vesh
    @vesh2 жыл бұрын

    What an absolute chad

  • @AxxLAfriku

    @AxxLAfriku

    2 жыл бұрын

    i am

  • @hhfbko

    @hhfbko

    2 жыл бұрын

    Bruh it's you again

  • @rawlvee

    @rawlvee

    2 жыл бұрын

    Damn you really do be everywhere

  • @Davd-ik2hm
    @Davd-ik2hm2 жыл бұрын

    117K to became a filmmaker on paper and landing on youtube anyway? USA is a joke. I became a lawyer in Hungary (with a doctorate ) for less than 5K and i got a FULL medical coverage for 25 bucks a month. My post-socialist, illiberal little country seems not too bad after all

  • @mercedesperalta2995
    @mercedesperalta29952 жыл бұрын

    Thank you for sharing, Matt! Best to you :)

  • @s3076989
    @s3076989 Жыл бұрын

    Great vid!

  • @AhmetKaan
    @AhmetKaan2 жыл бұрын

    *5 things to quit right now:* *1. Overthinking* *2. Trying to make everyone happy* *3. Living in the past* *4. Worrying* *5. Doubting yourself*

  • @retropetroleum
    @retropetroleum2 жыл бұрын

    Matt actually did it on purpose. He foresaw that he would be able to monetise his debt on KZread!

  • @MmM20978
    @MmM209782 жыл бұрын

    Excellent video Matt! That is a lot you paid off in a short time! I started a business last week and my first step is more apprenticeship. The right people in my life make a huge difference!

  • @methos-ey9nf
    @methos-ey9nf2 жыл бұрын

    Funny Matt talks about curating feeds with the influences we want because that's why I'm subscribed 😁!

  • @himal_pillay
    @himal_pillay2 жыл бұрын

    That's some level of skill bro! Thanks for sharing 🙌🏽

  • @abdulsoleh7131

    @abdulsoleh7131

    2 жыл бұрын

    You don't even watch it

  • @himal_pillay

    @himal_pillay

    2 жыл бұрын

    @@abdulsoleh7131 it's called double speed 😂

  • @FinancialShinanigan
    @FinancialShinanigan2 жыл бұрын

    Most debt don't grow to where it is overnight. Likewise, paying it off won't happen overnight but keep at it and don't stop!

  • @khalled2419
    @khalled24192 жыл бұрын

    my headache woke me up, but hey i caught a matt d’avella upload in the first few mins.

  • @VincentGordon
    @VincentGordon2 жыл бұрын

    I love the text prompts that pop up now.

  • @marcocfitness
    @marcocfitness2 жыл бұрын

    AS A BROKE COLLEGE STUDENT, PAYING FOR MY TUITION FEE, I NEEEEED THIS!

  • @trashcanhd1790
    @trashcanhd17902 жыл бұрын

    For me my biggest spender was collecting comics and Funko’s so now I say to myself I can only purchase each twice a year and got a 100-50 spending budget for each depending on how I am at the time. Definitely saving a lot of money instead of buying at random on a whim 😂

  • @DrJessicaLouie
    @DrJessicaLouie2 жыл бұрын

    We paid off over $350,000+ in student loans over 6 years and getting started is so important. Thank for sharing your 3 steps Matt. When we focus solely on cutting expenses (housing, transportation, food) we reach a plateau and increasing income becomes more important.

  • @Irrfan.K
    @Irrfan.K2 жыл бұрын

    Thank you so much Matt.

  • @joelicorn
    @joelicorn2 жыл бұрын

    And then there's me, in Portugal, were like in all europe, every school expenses are paid by the gouvernment because thats why taxes are needed, not to pay billions to send soldiers to midle east

  • @anoukc6928

    @anoukc6928

    2 жыл бұрын

    true

  • @olivermundell4742
    @olivermundell47422 жыл бұрын

    I think in Australian, at least in Sydney, its very very common for people live with their family during university. probably because of how expensive it is to rent in this city. can anybody else relate, or am I wrong?

  • @LucasDanielSantoro

    @LucasDanielSantoro

    2 жыл бұрын

    In Buenos Aires is the same (except with smaller numbers, probably)

  • @TheKarebear666

    @TheKarebear666

    2 жыл бұрын

    It's common in the expensive cities here in Canada (Victoria, Vancouver, Toronto, etc.)

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