Robert A. Belle: The emotions behind your money habits | TED
Your money habits reveal a lot about you: your hopes, fears, dreams and other deep personal truths you may not even be aware of, says accountant Robert A. Belle. He shares how taking stock of your transaction history can unlock surprisingly valuable insights about what drives you to spend (and save) -- and provides practical tips on how to perform an "emotional audit" of your expenses.
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Пікірлер: 130
"Our relationship with money represents our relationship with life." Well said.
@BIBLE-a-s-m-r
2 жыл бұрын
I don’t deserve the right things I deserve the wrong things I deserve a bad future because my present doesn’t really exist and there’s no consequences at all forever in any area Of life. Yay I got a lot to unpack
I was raised poor and spent my early adult life obsessively holding onto my money and was constantly on the lookout for what I can “score”. I only ever spent money on essentials - and they were the cheapest essentials I could source. I was stingey, I was first in line if something free was being given away, and always compared “my share” with those around me. It was a poverty mindset and I hated it. It consumed me. I decided to change it and started going out of my way to be generous … I donated to causes; I shouted friends coffee; I found ways to give anonymously to people around me. I am a changed person. Being generous comes naturally to me now. I finally feel free from the torment. I know it goes against what we are taught about money but I actually manage my finances better all round now and have more savings than I’ve ever had
@arcadicus_ezevius
2 жыл бұрын
oh wow, thanks for sharing
@RoopsPhoto
2 жыл бұрын
I have a similar upbringing and early life. Truth be told, I am appreciative of the ability to save, because it has allowed me to have more than others at my same income level, but now, I have learnt to relax and I am working on learning to spend more. I have a modest life and I am satisfied with it. I am now learning how to be more generous, but I am also appreciative of the skill I learnt in saving.
@grandgala399
2 жыл бұрын
Yes Good Golly! That's how it's done! Abundance mindset begets abundance.
The people you surround yourself with influence your behaviors, so choose friends who have healthy financial, mental and spiritual habits.
@asap..now.
2 жыл бұрын
Yess i know!!! Goodluck
@hugoryollo
2 жыл бұрын
Linked up with someone who acts as a mentor in my life earlier this year and my negotiation skills went up; unnecessary spendings was massively cut down; savings went up - my finances got better.
@fcv1914
2 жыл бұрын
@@shou_ting lol no. He never said that. Read his comment again very carefully.
@ArjunSingh-yf3dt
2 жыл бұрын
@@asap..now. f I wanna eat bingo now
@-Universe.
2 жыл бұрын
Or just be that person ;)
I started removing money every paycheck to a separate account. It was scary at first, but then I realized that I absolutely can live on my budget
Everyone should have you as their accountant!! This makes sense.
I love how every example was an immediate lifechanging epiphany
It's something that sounds pretty simplistic and trivial, but it does make a huge importance in our lives. I think the hardest part is to check everything to watch over youself, and, mainly, to assume that you might be mistaken about your choices.
Tracking and charting expenses helps us reflect about ourselves is the learning from this ted. Thankyou Man !
We loved hosting Robert for this session! Well done!
Oooh excellent! :-) I like the way you addressed and presented the topic. Short, clear, kind and insightful. I knew all this, yet this specific video, I believe, actually activated the seed for doing better. Thank you Sir!
I hope to one day have an office just like this one where I can work in silence. Such tranquility
I started doing this a few months ago and it's painful sometimes, you're almost in denial of the numbers staring back at you. You can lie to yourself but the numbers certainly don't! It's also important to not write anything off or not include it because you think it was a rare occurance or too insignificant.
Thanks for the insight. I admit that I'm very much emotionally attached to some of my expenses and since being a fresh graduate comes with loads of other necessities to fill the expectation gap, so that also increases spending. I believe figuring out a robust method of earning and building passive income could help in a financially stable lifestyle.
One doesn't own emotion, and when one is owned by emotion, it's a reflection of one's belief that one owns them🎈
Awesome talk Robert A Belle!
Impulse purchases😹💔 I felt very attacked
Such an informative Ted. Thank you!
I LOVE THIS SO MUCH!!!!! THANK YOUU!!!!
Can I just say this blew my mind and is so underrated. I never realized our relationship with money is a reflection of our relationships with people too 🤯🤯🤯🤯
Valuable insights. Thanks for sharing your experience.
That is an great perspective on spending habits. That really clicked in.
Very enlightening and well presented, thank you! Be well 🌹
Well said. Thank you, Robert.
So true. My younger self was not confident and yes I spent so much money on clothes, bags and anything externally to fill my inner holes. Later (and older) I did something with my life to gain my confidence. Fast forward my spending habits have changed in a better way.
Wow really good ted talk. Thank You.
I can finally say somebody I know has done a Ted Talk. Proud of you Robert. 🤗
Wow what a revelation. Thank you for this wonderful information.
Good stuff. Love your fiancial advice
So true. Thanks for sharing
Thank you! 🙌🏾
Thank you to add a different angle
Money doesn’t cause money problems! Best thing I learned at an early age.
analyzing my behavioral expenses help me understand and realize. thanks bro
Thanks for the insights.
this was such a good talk!
Very enlightening.
This is an incredible talk! I discovered it just in time for Tax season.
Love this video
Bringing our spending into perspective, illuminates those critical areas that needs curbing. Therefore, creating a balance and a healthy outlook overall.
you're amazing
Good infomation.
Liked and am watching!
Great. Thanks.
Our money know us well then we know ourself 👌👌👌
thanks bless you mister
I have never thought about this before Respect bro!
Looked at the videos title and said " Well, here we go, this should be enlightening.
The principles talked about in this video are reliable soon after they are employed. For example after only 5 minutes of watching this video now I know why I am so addicted to coffee. It is because whenever I was out with my mom for coffee with her friends it was then I felt most safe.
Great!
Thank god KZread does not show the list of folks liking & disliking a video. Like for example - I'd report these 13 nuts to the authorities citing mental imbalance & threat to society .. hehe .. Thank you so very much for this talk actually. Nothing less than an eye opener for cartoons like me. Take care.
👏🏿👏🏿👏🏿🙏🏿❤️🙏🏿Thank you🙏🏿
I thought about my expenses one more time. I also had impulsive spending. So, as I said in the video, I will categorize the cost.
Thank you! This makes sense…I will have to analysis my own spending habits!
Can someone suggest good app to track the expenses...!!!
@Adgjoutfxss
2 жыл бұрын
I prefer to use Google Sheets because of the customization ability it allows. However on the downside, it can take a bit of effort to set it up and if you're looking to make a comprehensive tracker, it would also require some above average understanding of formulas to program the tracker.
@yitingliang285
2 жыл бұрын
I use 'fortune city' its a gamified version of finance app and it has really nice and easy to use analysis tools to see your expenses in different categories.
@TT35109
2 жыл бұрын
My bank has a specific app for it but it might be for Canadians only.
Just curious how he isolated chocolate purchases on all his receipts?
follow the money
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 friendly KZreadr..*
@lunam11
2 жыл бұрын
You have no idea how much I needed to hear this 💫 God bless your heart ✨✨
@arcadicus_ezevius
2 жыл бұрын
I needed to hear that. thank you
4:28
I can hear Capheus´ voice.
I feel personally attacked by this relatable content
1) Pay yourself first. Set aside a certain amount every month for savings first, and spend the rest. 2) Your partner is very important in your financial health. Before I met my wife, I thought I was financial literate enough. But I was wrong. I spent money unnecessarily. She was the money conscious one and she helped me saved even more than when I was alone.
@aasthasingh8996
2 жыл бұрын
I'd also mention that paying off your debts is more important than anything :)
@fkmyoutube
2 жыл бұрын
@@aasthasingh8996 That is very true. And more importantly to distinguish between good debt and bad debt.
@aasthasingh8996
2 жыл бұрын
@@fkmyoutube what's the difference?
@fkmyoutube
2 жыл бұрын
@@aasthasingh8996 Good debt helps you finance ventures that can increase your net worth (Business, investment) Bad debt are those that are liabilities (Car loan, personal loan)
@aasthasingh8996
2 жыл бұрын
@@fkmyoutube Ah that makes sense. Thanks!
If there were places for likes again, I would press those likes as well
I am the 2nd one✌️
first one to watch
Accountant with moral psychological responsibility.
Lol I’m already in debt up to my eyeballs but thanks I guess
@aasthasingh8996
2 жыл бұрын
Maybe tracking will help control future spending and help with saving more money to pay off your debts
I’m like 1k behind on bills and I am so depressed. I can’t see a way out, I hate my self, I hate living. I just can’t get out from under this
@heathermcdermott2171
2 жыл бұрын
💜 please know you can’t believe everything you think Brandon YOUR WORDS ARE POWERFUL 😇🙏 what we seek is seeking us SELF LOVE ❤️ is where it starts!!! Sending you a hug PKEASE KNOW YOUR WORTH!! I feel you 😇🥳💜💜💜💜keep swimming
@ThePalFishCoach
2 жыл бұрын
Hey Brandon, I know it’s hard right now and doesn’t feel like where you want to be. But please have hope it will improve, and look for grace and ease. If you feel you didn’t accomplish much today but you still got through the day, know that someone out there is proud of you for that (me) because some days, that in itself is an accomplishment. You can do this. You will make it through and see things getting better.
Good narrative, not teaching enough if i do a spreadsheet for past months and it turns out i spent a lot at the supermarket i have no access to the specific items bought
@aasthasingh8996
2 жыл бұрын
Keep the receipt and take some time every day to categorise every single item you buy. We always learn from past outcomes and have the option to change
@Seftehandle
2 жыл бұрын
@@aasthasingh8996 thank you for your proposal however i do not have the desire to dedicate so much time and an automatic solution with scanning the bill could work better
259th to watch! Boom
I think it's a lower quality content than usual on TED.
k
Emotion has ZERO to do with $$$$
That guy sounds like he was one of the horde members in VRchat looking for a queen
I thought this was Kobe Bryant for a sec 😭
@mac9733
2 жыл бұрын
Clicked on this video just to see if anyone else thought the same 😭, got me spooked for a second until I actually looked lol!
Third 😊
Tracking expenses, affects how you spend. So it never works for me, I just spend less when I know I’m watching myself. So I don’t get useful data.
@krasher100
2 жыл бұрын
Hmm, true knowing would affect. Do you use card by chance? You could just keep a journal of how you felt through out the day and at the end of the month relink your emotions with your bank statement. Maybe this loophole may work or lead to one that fits for you
@issecret1
2 жыл бұрын
So you can do that permanently and not need to gather data
@ratatataraxia
2 жыл бұрын
@@issecret1 lol that’s so true
@aasthasingh8996
2 жыл бұрын
So tracking your spending is still helping you save money, but not in the way you expected :)
Working while being a bum is the best way to live as a king.. So man beautiful parks nobody takes advantage of
And don't live to work, ok? But work to live
Guess im impulsive buyer then hmmmm
Me watching this waiting for my monthly salary 🙄
$50 a month for chocolate doesn’t sound like that much lol
@TakanashiYuuji
2 жыл бұрын
It's $50 more than I'm spending.
@ThatSux
2 жыл бұрын
@@TakanashiYuuji I thought the same..
@rudynewhyte1023
2 жыл бұрын
It can be, depending on the dollar value of your currency.
I want to bring some friends to world cup 2026 And have 6 pack abs Send help please
You are an accountant....
I believe you are just reading someone's script.
I am sure it was a helpful talk but it was very monotonous to stay focused. I hope you get better to get the value through to everyone next time. Good luck
REALLY BAD STORIES AND VIDEO! KINDERGARDEN!