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@alexpapadopoulos7212

Ай бұрын

And then our faces will start looking like yours.

@QuemSabeOQuee

13 күн бұрын

And where do i Invest it, and on wath?

@Packermon-CharizardsChes-yo7uy

9 күн бұрын

We got 30 subs! On our way to 100 🎉🎉🎉

@EcstasyMSC

9 күн бұрын

Nope im not falling for a scam

$4 on any transport sounds like a steal.

@Naddmk

Ай бұрын

What about 5$ for coffee?

@hasdrubal814

Ай бұрын

Metro tickets during paris olympic games will be 10€... And i bet it wont decrease after the games

@gezaradimeczky306

Ай бұрын

Bro, not to upset you, but in Europe that is a robbery. Here in Hungary, I pay roughly 6$ for a monthly student country-pass that enables me to use the entire public transport system of the country. But even the full price monthly pass would be only 40-50$:)

@asdasdae

Ай бұрын

@@gezaradimeczky306 this is genuinely shocking I live in Canada and it’s 120$ monthly for a city restricted bus and train pass, how good is the infrastructure over there??

@rynix4931

Ай бұрын

Yeah mate where I'm at right now in the UK all the buses are £2 one way.

Just remember to treat yourself from time to time. Dont be too strict

@worldsfinestnegativemind9108

Ай бұрын

Like cheating on everyone & everything!!

@thejojofamilyssecrettechni3824

Ай бұрын

@@worldsfinestnegativemind9108 or worse. Sugar donut!

@craig2196

Ай бұрын

My great grandfather father tell my grandmother this, she taught me this. Always pay yourself first.

@daniel23_

Ай бұрын

yeah like once in a couple months, but most people are too weak to go without some trash food for a week 😂

@rilesmattix5217

Ай бұрын

Yeah the issue he's talking about are people who say "just one coffee a day isn't the difference between me being broke or not"

I'm sick of this mundane conventional knowledge, guys. Head to Borlest and read the forbidden books, only then will you truly gain knowledge about money

@wc4gaming91

12 күн бұрын

7.6k likes without a comment madness 😅

@blazingender4400

12 күн бұрын

That’s wild

@zeshang115

12 күн бұрын

These bots are next level

@ThebestOne-sc6uo

12 күн бұрын

@@wc4gaming91 So now we have comments haha. People don't want to comment they just search what I say and they like it.

@ThebestOne-sc6uo

12 күн бұрын

@@zeshang115 Yes, we are next level. Thank you great bots hahahha

Better plan: Transportation: Walk 0$ Dont drink coffee 0$ Live in a box Rent is 0$ Beg for food 0$ Free life

@martinfurstenberg2281

20 күн бұрын

Wow Sir, you could afford a Box these days? I have to admit im a bit jealous. But im sure you earned it.

@teamraggio7481

19 күн бұрын

😂😂😂😂😂

@Revan_the3rd

17 күн бұрын

He ain’t wrong

@Dudanation12

17 күн бұрын

Walking isn't free. You must calculate the energy burned and the corresponding food costs to fuel that energy.

@Ilyshikpups

17 күн бұрын

​@@Dudanation12"Beg for food"

$4 for a taxi? You riding in a tuk-tuk?

@pluto8404

Ай бұрын

$40 minimum.

@aryanandwho-ps2gh

Ай бұрын

As an Indian how do you even know about tuk tuk?😭😭🙌🏻🙌🏻

@koboldsage9112

Ай бұрын

No he's implying that gas and car insurance for the morning commute comes to $4. To actually save that money you have to not own a car at all. Then you need a taxi to get to timely appointments, and you're out a lot more than you saved. Miss the dr. Appointment by one minute because of commute delays, and you'll miss a whole extra day off of work too. This guy is completely out of touch with 99% of america.

@hosatk

Ай бұрын

​@@aryanandwho-ps2ghBeen to India a few times & have plenty of Indian friends. Been in a few late night tuk tuks myself, very scary😅

@hosatk

Ай бұрын

​@@koboldsage9112Aha, in that case $4 is a bargain

Another Tip from me: Don't build a house. Live on the street. You will save on taxes, gas bills, electricity, and maintenance.

@activity1

Ай бұрын

😂

@Eric-zv9ut

Ай бұрын

Definitely don’t build or buy one. Rent.

@megmaxel3477

Ай бұрын

Not with the cost of rent these days

@missheepious

Ай бұрын

Thanks. I was able to afford more crack using your tips

@activity1

Ай бұрын

@@missheepious 😍

Despite reducing my KZread watching and increasing research, my retirement contributions haven't improved my 401k. Should I consider investing in popular index funds through a brokerage account as a potentially better option to boost my retirement savings and outperform my current strategy?

@annephilli

7 күн бұрын

My suggestion to any investor old or new is to get a mentor and don’t just go buying stocks without proper considerations. Most of what is pumped out by the media is what most KZread ‘fin-entertainers’ churn out to you as fear uncertainty and doubt.

@JenhsosnsK

7 күн бұрын

Agreed. That and reading some basic principles laid out in books like The Intelligent Investor by Benjamin Graham. There are also good KZreadrs out there like Felix, Graham Stephan, Humphrey Yang and a few others, but generally you are right.

@ChristianJacquet-my3rl

7 күн бұрын

Its unclear which stocks and sectors will lead the market in the next uptrend. Stay away from the stock market if you do not have guidance from a plannner and investment strategist. My finances have been in order since I got a wealth planner like Monica with a 600 B AUM working for me.

@richolman6800

7 күн бұрын

You mentioned Monica - who is she? I've been searching for a financial advsr who can provide guidance on the economic outlook, but I don't have access to professionals in my area since I don’t live in a big city.

@ChristianJacquet-my3rl

7 күн бұрын

My CFA monica mary strigle , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

Wtf is the point of working if I can't even splurge on a fckn morning coffee. What the hell am I even doing at that point

@fredfinger7092

11 күн бұрын

Waiting 30 years. Then you will have a million supposedly, and can buy fancy coffee. If a million is worth anything in 30 years.

@Money-pz8du

10 күн бұрын

@@fredfinger7092yippeee i will have a million dollars when im fucking old and can barely do shit

@josebosque9835

9 күн бұрын

You cannot be spending everyday in starbucks coffee living with the minimum wage.

@DrLaurelWeaver

9 күн бұрын

@@josebosque9835 this doesn't just apply to minimum wage workers

@WhoIsAyce

7 күн бұрын

A mil ticket ain’t gon be worth shit in 30 years.. inflation out of control

“I understand homes are unaffordable but $180 a year for Netflix is out of line.”

@tsunami3834

Ай бұрын

Piracy is free

@jackwebb3757

Ай бұрын

Cope

@thedesireguardian2470

Ай бұрын

​@@tsunami3834this

@haziqcounsellor7639

Ай бұрын

Imagine people outside the US where it's 180 x 4.4 per year.

@samuelmelton8353

Ай бұрын

It might be the case that housing is too expensive = but that's not what he said or is addressing. He is saying you could save lots of money

I don't buy coffee on the way to work, I cook at home, I don't eat snacks. I don't pay for public transportation. Where are my 10k?

@LeBronyaJames

Ай бұрын

That’s what you should ask yourself. Do you even budget? If you did, then you would know where all your money went

@devika2545

Ай бұрын

Used up on other things. Actually make a note and keep it on such savings if you actually want to be saving them.

@bluedragontoybash2463

Ай бұрын

why are you NOT born to rich parent !!

@matthiashesse1996

Ай бұрын

Well, I'm sorry but the market decided that your job, even though it probably consists of at least 40 hours of hard work, isn't worth an actual, comfortable living wage. 😢 It doesn't matter if the economic value of your work is higher than that of many other jobs, it's just how the system works. 💁‍♂️ And in the end, why would you ever complain, don't you want to have the infinitessimaly small chance of everybody having to bend themselves to your wishes, your wealth?

@-Hussainnn

Ай бұрын

I think you should do what you enjoy in life

You could still do all these, save up some money only to lose it on the so called investment. Happened to me, money down by 40% atm

@stayhappy1161

28 күн бұрын

😂😂Story of my life bro

@dannywalters958

28 күн бұрын

Been in your shoes and it's probably because you rushed into it. You must either understand the market or get the services of a fin. adviser for your "investment" to count. Just like you, I started off bad and felt like I was throwing my money in the wind. Now I make close to double my income from them. You should try again, good thing is you now know better. Goodluck!

@Wayne-bk1jc

28 күн бұрын

nice. I have also considered using an FA but I don't know how to go about it. please, what are the steps for getting one? like a really good one.

@dannywalters958

28 күн бұрын

You should start by looking out for affordable ones from known firms with good track records. You should also make sure the person is licensed. Personally, I use Kelly Matwick. She's good and you could also look her up.

@_king_james_23

28 күн бұрын

they don't tell you this here

Why i am thr only one hear someone whispering in my ear " YOU'RE BROKE, YOU'RE FU*KING POOR" 😅😂

@sylvester_csu1841

15 күн бұрын

Aswrrrrrrrr. Earn more , don’t save

@sylvester_csu1841

15 күн бұрын

Andrew freaking TATE

@Jonas_Albert

14 күн бұрын

Money Doesn't Matter As Long As You've Got JESUS!!!❤️❤️❤️🙏🙏🙏✝️✝️✝️ kzread.infofLdQb42lWaE?si=vOuPPF6RbBObJWtU

@Jonas_Albert

14 күн бұрын

Money Means Nothing As Long As You've Got Jesus Christ!!!❤️❤️❤️🙏🙏🙏✝️✝️✝️ CHRIST IS KING!!!❤❤❤✝️✝️✝️🙏🙏🙏❤️❤️❤️ TURN TO CHRIST, OUR ONE, AND ONLY LORD, SAVIOUR, AND GOD, AND TURN AWAY FROM YOUR SINS!!!✝️✝️✝️🙏🙏🙏❤️❤️❤️ IN JESUS CHRISTS HOLY NAME I PRAY THAT YOU TURN TO CHRIST, AMEN!!!✝️✝️✝️🙏🙏🙏❤️❤️❤️

@connor5185

14 күн бұрын

Shut up​@@Jonas_Albert

In 30 years that won't buy a house

@Swolcoq

Ай бұрын

It’s not meant to 😂 you live off the interest generated - 8% (average) on 1mil is 80k my dude.. plus the pension you receive.. you’re laughing

@cespie1337

Ай бұрын

​@@Swolcoq That's also 80k post inflation.

@thatpeskyswan

Ай бұрын

​@@SwolcoqMost people don't have a million in the bank😂 I can't remember the exact statistics but it's something like 85% of UK adults surveyed had less than 1000£ of savings in the kitty

@myszastamysz

Ай бұрын

Enough for down payment in 10 years.

@cakeyeater7392

Ай бұрын

​@@thatpeskyswanin America it's even worse. Most adults have fewer than $500. Learning to manage finances is important, but most people are struggling so much they don't have any meaningful finances to manage

This man touched a donut with his bare hands and put it back on the shelf. Society is crumbling.

@heath3647

Ай бұрын

lmfao underrated comment

@tltinatl

Ай бұрын

I was looking for this. Can't believe he did that.

@rickyayy

Ай бұрын

Disgusting

@Azaqa

Ай бұрын

He probably bought it lmao, at least I hope so

@notorious3202

Ай бұрын

I had to rewind it cause I thought no way. Hope he bought it

$4.50 on a simple homemade lunch sounds like a scam while $4 for transport sounds like a steal 😂

Another great tip from me. Live in a cardboard box, work 15 hours a day, water, bread, pasta and rice everyday until ur days end. Hmm, that sounds like a min wage employee

@VicJournalist

22 күн бұрын

This is because of the rigged financial system where bankers create our money out of thin air without creating the cost of the money, which leads to us chasing a bag for the bankers that literally doesn't exist. We need to reformat the monetary system.

In 100 years I’m going to have £215,000,000 thanks mark

@ozymandias8523

Ай бұрын

Your rich grandchildren will be happy

@allenliu8820

Ай бұрын

@@ozymandias8523 nah inflation would catch up, so they are going to be comfortable, but the issue is that rich kids tend to waste their parent's money we are seeing time and time again at a lot of wealthy kids are just throwing away their parents money and some parents are either sick of it or at least have one child in the family that they know they can trust to pass the business to

@DiamondFireball

Ай бұрын

Exactly that​@@ozymandias8523

@devilbawa9721

Ай бұрын

Imagine in 300 years 🤩

@MonsterGTR.

Ай бұрын

Inflation 😯

What I hate most about videos like these, is they assume you do this every day, and not once every other week. Do some people do this? Yes, but they’re not watching videos like these.

@drew8235

Ай бұрын

Well, just for some perspective, my coworkers are all "that person who spends $15 DAILY on lunch", so there are absolutely people out there that do all this, then complain about how they can't afford to live.

@AlexandrawOfficial_Lexi

Ай бұрын

most people spend MORE than this guys says

@ChristopherHosein

Ай бұрын

How to talk a whole load of nothing. The video is targeted to those who make the financial decisions that are questionable at best even if they "ain't gonna see it." If you are reasonable with your money and doing said financial decisions in small enough doses then good job 👍🥳🥳🥳

@Mogardie

Ай бұрын

Most people are probably “wasting” $100/week minimum. For instance that could be booking last minute flights instead of booking in advance or getting an apartment that’s a bit too expensive.

@commentbot9510

Ай бұрын

@@Mogardie and risk my travel plans falling through? No thank you. And no one is buying wrong apartments that are too expensive for them when they’re all too expensive.

Bro's literally scrooge mcduck irl💀

If everyone does that our economy is ruined

@smileychess

16 күн бұрын

No, It will consolidate into a state that more efficiently meets the actual needs of people, rather than our gluttonous wants. The us economy thrived for decades before people started wasting so much money on coffee, fast food, junk food, deliveries, etc.

@HenryArchive

14 күн бұрын

The economy will shift in a different direction as it adapts to new demands.

Reminds me of an old joke: "Ifvyou quit smoking now, in five years you'll be able to afford a Ferrari." "You smoke?" "Nope." "So where's your Ferrari?"

@MrDublem

Ай бұрын

"My Ferrari is right here!" "Wow, you bought that with the money you saved from not smoking?!" "No, I'm an investment banker" 🙃

@tawsifking9336

Ай бұрын

Well the thing is you cant resist nice things after sacrificing something nice

@santostv.

Ай бұрын

You are making fun of my little scale Ferrari?

You're right, If my Uber only costs four dollars I can probably just walk

@CompletedGamesOfficial

Ай бұрын

Here in Australia, Uber is $10 to go 5km.

Ngl this guy has never took public transport in his life. $4 seems great!

I rather spend my life living and enjoying the small things than to possibly wait on a 1 million dollar return in 30 years. Just get a decent job.

@minemistrz

3 күн бұрын

I bet that your older self will hate u for that while living in poverty and unable to buy meds

The problem is I don't want to spend 30 years hating my life.

@edzilla134

Ай бұрын

Making your own coffee/sandwiches is going to make you hate your life?

@stuartd9741

Ай бұрын

​@@edzilla134 Starbucks tastes better. I can make my own tasty sandwiches.

@meow_meow_J

Ай бұрын

@@stuartd9741 not necessarily, you can buy coffee pods, which are not as cheap as brewing your own coffee from coffee beans, but still maintain the flavor profile of the coffee you know in love.

@jaydeatts

Ай бұрын

​@@edzilla134 yes

@cedric5055

Ай бұрын

@@jaydeattsthen you must have a shitty life. Let’s put it another way: small expenses can add up. If you cook the day before, make double portions and problem fixed. Be conscious about expenses which occur daily like transport or your daily coffee. If you don’t want to be smart about these things, then fine. But don’t come complaining “housing is unaffordable”, “you need to make 120k per year to make ends meet” and bla bla

Trust me, this isn't the reason you're not a millionaire...

@keydi98

Ай бұрын

Yes it is trust me on that

@thomaspostma1468

Ай бұрын

It really isnt lol, it is maybe the difference doing okayish and being poor, but not between being a millionaire and being okayish. Also, saving up to 10k a year on coffee, a treat and netflix.. I am sorry, but that does not lead up to 10k, perhaps 2k if where being generous..

@rambcio4199

Ай бұрын

I mean this guy doesnt speaker yapanesse if u would live strict u could earn big money. But the 8% every year wont make milion dolar lol

@draco2378

Ай бұрын

He never said anything about being a millionaire by doing this

@thomaspostma1468

Ай бұрын

@@draco2378 he literally said you'd have over a million dollars. Now we can argue about what the exact definition is of being a millionaire, but it is kinda implied.

I am sure that AMS77H will go 100x just like you said

@BoBBYinvestor741

21 күн бұрын

If you look he has an additional deposit of 8k per year

The thing is I don't drink coffee, I make my own meals, I don't have unnecessary subscriptions, transport is 3$ here and I'm still broke

@mc1996

7 күн бұрын

so where is your money going? You have to keep record of every spend and you will save some cutting where its possible. In case your income is so low that it can only cover the absolute basic (groceries, rent, etc) you should really look for a better job and alternative income sources (reselling, part time jobs, etc).

This generation doesn’t know how to save money! I managed to buy a house in the 60s for only $16.56 and a paperclip!

@wenterinfaer1656

Ай бұрын

Stopped eating, saved up enough for a coffin.

@nicholasselke5214

Ай бұрын

@wenterinfaer1656 to be fair, most people eat significantly more food than they actually need to

@blakexcrum

Ай бұрын

😂

@malaikaimtiaz6446

Ай бұрын

Same I saved up 300$ in 1956 and living in my own home now

@steel_shard

Ай бұрын

You got me in a first half not gonna lie 😂

You can put coffee grind in your mouth and pour down hot water to save money on the coffee cup as well.

@a87nomsirrah35

Ай бұрын

U ain't right for this one 😂😂😂

@Dragon4lyfe

Ай бұрын

😂😂😂😂

@abrahamniilartey6492

Ай бұрын

Savage !!

@aidans666

Ай бұрын

Or steal it. Boom completely free!

@arnoldd7073

Ай бұрын

Best comment I have ever read, thank you

Bought AMS77H at 1$, I will keep it until 2025 when it reach 250$

This is the difference between retiring at 50 vs never retiring because you spend everything you make. Me and my wife are planning on retiring by 40.

Your boomer landlord who is charging you half of your salary in rent for a house he bought in 1972 for the price of a pack of cigarettes:

@tanura5830

Ай бұрын

It should be forbidden to charge more than what the house costs

@felixthecat9027

Ай бұрын

In 1972 when we were 19 & 20 years old, our rent for a delapidated bachelor's flat, with a shared bathroom and shared laundry required one entire salary. We also paid for our gas and electricity.

@tristanbackup2536

4 күн бұрын

Land scalpers. That's what he is.

my problem with financial advice today is its like: coffee: 4$ Lunch : 15$ Rent: 5,000$ Netflix : 20$ Student loans : 300,000$ Uber : 50$ Medicall bills: 875,000$ and then yall are just like "if they skipped coffee this morning they couldve saved 4$" like THATS the problem

@CybermanKing

Ай бұрын

Where are you at paying $5k in rent each month? I get what you mean but there’s no need to be hyperbolic. If you owe six figures in student loans, that was your mistake.

@leokim8340

Ай бұрын

well you have to multiply cofee, lunch, uber 30 times to get montly price.

@tawsifking9336

Ай бұрын

In my country our rent is 50$

@wdgosling

Ай бұрын

@@CybermanKing check Canada

@tantotopps

Ай бұрын

​@@tawsifking9336 wtfya, siberia?? 💀😭

Why everyone is talking about AMS77H?

@Dr.HouseMD

Ай бұрын

Well, when a bot and a scam love each other very very much…

@parkourguyyy

26 күн бұрын

nobody is talking about this, shut up bot

@me-myself-i787

17 күн бұрын

​@@parkourguyyyThere are loads of spambots talking about it.

I'm the only one here that does not even have that money to spend?

you know he's a boomer when he thinks $4 for transport is expensive

@girlwhomustnotbenamed4139

Ай бұрын

And also because he thinks a ride even costs that little. Maybe if you have a monthly pass for public transport, but even that can cost more (see London), and it's a set price you can't have further savings on. Anything most people spend on "frivolously" is already an occasional thing and no one has ever become a millionaire by saving some snack money.

@expertgaming

Ай бұрын

@@girlwhomustnotbenamed4139 fr thats what i hate about this stuff, sure its helped millionaires before they were millionaires, thats because they were broke and that little money helped back then, once you're rich that amount of money becomes negligible and you wont think twice about buying $10 snacks or spending $100+ on travel..

@BonerGrowingPains

23 күн бұрын

Back in my day...

Guys in his generation ruined our economy and could never understand what it is to be a 20-something in this day and age, why in the hell would we take advice from them when they put us in this position?

@5h0wmanX

Ай бұрын

Literally. Like he’s ever HAD to do this just to get some savings together

@jamesbarbour8400

Ай бұрын

It is Government and financial institutions who call the shots where the economy is concerned - how is that the fault of this guy ! ?

@5h0wmanX

Ай бұрын

@@jamesbarbour8400 it’s not, but it is the fault of the government when he was the age of the people he’s speaking to. That’s what OC is referring to… also, it’s just really dishonest to pretend that he thinks this is a good solution when foregoing any bit of fun or comfort in life is something he’s never had to do because the relationship between a decent wage and being able to buy a house was actually manageable.

@jasonb7812

Ай бұрын

You should definitely take his advice regarding index funds. The point is do the best you can to get to where you can save money, and then that is the tool you should use for saving.

@vanesagvl9095

Ай бұрын

They're not to blame. Life was easier in his time, because the governments were in a developing mind. Now they're in a destroying mode.

Buying a bike to go to work is the best investment of my life

I just realized that this guy is British but he’s talking about dollars

Remember kids, previous generations didn't have to make these sacrifices, but they cant accept the fact they've made the world demonstrably worse for everyone

@4thGradeReadingLevel

Ай бұрын

Previous generations famously frittered away pocket money on $5 coffees and Ubers

@rayodios5826

Ай бұрын

@@4thGradeReadingLevel They spent more of their income on leisure than the current one does because less was required to meet their basic needs.

@jsebby2284

Ай бұрын

Can't remember something you just made up

@rayodios5826

Ай бұрын

@jsebby2284 Empirical evidence exists and Google is free

@jsebby2284

Ай бұрын

@@rayodios5826 your comment should be directed at yourself lol

Lmao, like that will save us from 15% yearly inflation and skyrocketing house prices and cost of living.

@gmork1090

Ай бұрын

Yep. That million in 30 years will get you a snickers bar and a couple rolls of toilet paper.

@chubbydinosaur9148

Ай бұрын

and then when I stop getting chocolate rolls and my lunch at the grocery store next to my workplace, I'll get blamed when they close. Nah mate I'm done taking advice from boomers 😂

@Steltzer.

Ай бұрын

Yeah thats the same thing I had in mind...8% interest okay, but what about inflation?

@silentbovo1

Ай бұрын

​@@Steltzer.Inflation has never been 8% every year. Average throughout history is more around 2-3%. Investing over time has always greatly outpaced inflation, hence why people have 401ks and people much richer and smarter than you keep stock

@Steltzer.

Ай бұрын

@@silentbovo1 not all countries have 2-3% inflation like USA...Hungary had +20% in the last...3-4 years, but I would say since covid hit. Only a 2-3 months ago were they capable of solving the inflation...

Inflation means nothing.

He really just put the donut back😂😂😂😂

Most young people these days aren’t struggling financially because of over-indulgence; they’re struggling because their salary is barely enough to pay rent for a one bedroom studio apartment.

@dubbthamayor9485

Ай бұрын

This!!!

@jeppy4021

Ай бұрын

Skill issue

@scott5966

Ай бұрын

Get a roommate. That's what we did in the 80s and 90s.

@dogski2822

Ай бұрын

@@scott5966 That’s generally a pretty good idea, but an apartment designed for one person should be affordable by one person.

@scott5966

Ай бұрын

So you can either live in the world that exists, or live in the world that you dream about. I'm truly sympathetic, bur realistic. I would have loved to have been able to afford a 1 bedroom apartment in the West Village with a view and pool and free gym right out of college, but there is a little thing called reality. So sure, it would be nice, and maybe with your generation's tik tok complaining it will all come about, but I doubt it. In the meantime, the world isn't waiting for you it is moving ahead - each and every day and each and every second. And all those millennials that I hired years ago are now 40 at least. They too had dreams and now they are middle age. It will happen to you, so either you plan and execute, or complain and fiddle. Grasshopper or Ant. The world is not going to conform to you, so you better get ready and live in the world that exists. Good Luck. I know it isn't fair, but then .....

When inflation is at 8% currently, your savings is basically nullified.

@zainjadoon759

Ай бұрын

Well its not always going to be like this.

@thomasrainsbury5841

Ай бұрын

Both UK and US inflation is around 3.3% rn, where are you getting 8% from?

@oooomglol1183

Ай бұрын

Thank you!

@user-ot7jd9dt7t

Ай бұрын

Until you find out about how compounding abd equity gains work 😅

@meklavier4664

Ай бұрын

Have you checked the average or compounding inflation of your country over the past 30 years before making that statement

$5 for coffee is actually mental

I appreciate the effort put in to show cost effective alternatives and use the money saved in comparison, rather than just saying "don't drink coffee or eat out and you'll be a millionaire" this is much more practical advice.

all these rich old geezers telling us to live frugally and miserably while they keep taking home million dollar bonuses for doing nothing.

@deadturret4049

Ай бұрын

At least with this guy he actually does have videos with legitimate advice. He's just saying that the more you can cut down your expenses, the more you can invest in yourself. Whether it be building an emergench fund, setting a managed refirement savings account that grows over time, or taking a risk with the stock market. This short comes across as preachy, but he has a valid point.

@zanebrownlee7402

Ай бұрын

​@@deadturret4049yeah with 20 dollars extra sure

@inlandish

Ай бұрын

Going out to get a sandwich for me is just as enjoyable as getting one from the supermarket. It costs 3x less.

@rp6523

Ай бұрын

I don't think he's telling you what to do. It's just good advice you can take or leave.

@Dr.W.Krueger

Ай бұрын

I have a seven-figure job, but it took me 35 years of hard work to get there.

thank you, finally someone who does a video bout something I try to tell my friends all the time..

Boy the BUS one way costs $4

I'm a 24 year old and live in Malaysia. I don't spend on subscriptions or krispy kreame. I was on the edge of a deficit monthly (RM1000 allowance) trying to brew my own coffee and cook my own meals with groceries, not to mention equipment. My country's public transport lost me a lot of time for travel purposes such as work or classes, making my life miserable. After getting a budget car, eating out at budget places, and getting coffee from McD breakfast McSave, my monthly finances saved about 30 - 18%% afterward.

@cspray5386

Ай бұрын

This is targeted more towards westerners. SE Asia is a complete different set up. Usually cheaper, easier to buy a $1.50 meal out and rider a moped.

@82TheKnocKY

Ай бұрын

Even in the west there's more nuance to this advice.

@Un1v3rs3_W4nd3reR

Ай бұрын

ajar saya

@ShushUSpas

Ай бұрын

I spent 3 weeks in Malaysia loved it

@jtlast9600

Ай бұрын

There's Krispy cream in Malaysia?

This gives off “just stop eating avocado toast and you’ll be a billionaire” vibes

@chaotikkiller1617

Ай бұрын

That is literally a completely reasonable thing to tell people though. Plenty of people spend $20+ on simply their food everyday that they go to work which nickel and dimes the absolute hell out of you. If you're ordering avocado toast consistently then you're literally burning money away.

@pluto8404

Ай бұрын

it is not blanket statement for everyone. If you are ambitious with high earning potential, investing in your time is better.

@zanebrownlee7402

Ай бұрын

​@@chaotikkiller1617 but that's going to make them rich billionaires don't want to admit the only reason they are rich is from profiting from other ppls labor Elon musk for example he didn't start with nothing his dad own a diamond mine im south Africa that used basically slave labor then when Elon wanted to start a company his dad gave him 200,000 dollars to start there all liars

@gen169

Ай бұрын

​@@chaotikkiller1617 but that's not the real issue, The real issue is how wages haven't kept up with the cost of living and the literal overpricing of housing. The " Don't eat avocados and you'll be a billionaire" is just another phrase the boomers tell to delude themselves from the Economic challenges they created and blame it on younger generations

@chaotikkiller1617

Ай бұрын

@@gen169 The real issue is that there are too many people who read what you're saying here and think similar to you and believe they have zero chance at gathering wealth ever. Saving money that you spend on luxuries and putting it towards a safe investment is a good way to set yourself up for a good retirement even if the amount you can put away is small. Too many people want to just give up and blame everything and everyone for their inability to even try.

8% interest?!? I’m in America. That’s not happening in any bank here!

I treat myself to a restaurant lunch every day. It's expensive, but it really helps me get through the day. Heating up leftovers feels depressing and I don't get to leave the office.

Bro just said " give us all the money & work like an ass , take $1m when you're on the way to catch the bus of afterlife "

@Ahmad-os3si

Ай бұрын

That is why this life is not worth we will die either way dont follow money you will always have to sacrifice something

@jsebby2284

Ай бұрын

He didn't say anyhting remotely close to that

@hellucination9905

Ай бұрын

​@@jsebby2284But he implied it. Learn to think critically.

@jsebby2284

Ай бұрын

@@hellucination9905 he didn't even remotely imply it. Learn to not be an idiot

4 dollars for “overpriced transport”? Could this man possibly be any more out of touch lmao

@MrDublem

Ай бұрын

"It's a banana Michael, how much could it cost?"

@asjbfjbkaw

Ай бұрын

i wish even the BUS could cost £4 now but its more like double that lol

@ryan43816

Ай бұрын

⁠​⁠​⁠@@asjbfjbkawyou bastards are lucky still. in the US we spend so much fucking money on gas it makes 12 pounds per bus ride look like a steal

@agentofmidgard

Ай бұрын

​@@MrDublemAt least $10

@FructozeProductions

Ай бұрын

​@asjbfjbkaw you dont have bus monthly/yearly passes? They are usually cheaper than buying a ticket every day if you really need to travel all the time and have no car.

You are quite possibly the only person to actually help people

Id like to skip that 4.50$ lunch.

Rich people spending more then ur income on random bullshit but tell you not to buy a coffee on the way to work 🤣

if you spend $5 on your morning coffee, you're at the wrong coffee shop

@ohjesswhatamess

Ай бұрын

Out of curiosity, what country are you from? In Australia for example, you can’t find a coffee for under $5 unless it’s a service station. I thought all western countries were at this shitty point where everything is ridiculous…perhaps I need to move to where you are 😁

@fillemooon9164

Ай бұрын

@@ohjesswhatamessitaly, salaries are waaaaay lower, but if you see a coffee for more than 2€ you leave the shop

@HWRproject

Ай бұрын

@@ohjesswhatamess if you live in Australia rn, try visit Bali, malaysia, japan and korea. You can enjoy specialty coffee (arabica G1 with SCA cupping score >8.00 excellent) way cheaper and better than Starbucks. And yes, I'm talking about drinking coffee. not drinking cream

@geografiainfinitului

Ай бұрын

@@fillemooon9164 I had 5$ coffee in Rome, the cup was so small, and it was just half of that cup

@Tempusverum

Ай бұрын

@@geografiainfinituluiRome is full of tourist traps leaching off gullible Americans

Q: How out of touch are the boomers? A: Yes

@FajreroCintilo

13 күн бұрын

Everything was way too cheap It's like they think inflation doesn't exist

The problem is that the FED prints money. 30 years later, $1M could not be worthy as much as nowadays.

How to lose the will to live speedrun

@supreme5998

Ай бұрын

You can’t live without Starbucks and Netflix? Damn.. you might not make it.

@327legoman

Ай бұрын

​@@supreme5998 I see you're lacking education on this matter so let me teach you. Most people have these things called friends and relationships. Friends like to do things, together. Things that make it worth waking up every day. These things usually involve going to cafes and restaurants together, and watch movies together. Existing as a frugal hermit is incredibly cost effective, but we only have one life and I think if I had to live as a frugal hermit, I'd sooner commit die.

@chichichiyomi__

Ай бұрын

​@@327legoman you act like skipping out on starbucks will literally ruin your life

@Chrispy72

Ай бұрын

@@327legomanthere’s a balance, buying food once a week to hang out with your friends which you will remember more fondly is a lot better bang for your buck than spending money on lunch everyday.

@327legoman

Ай бұрын

@@chichichiyomi__ Starbucks in the video is a specific placeholder. It doesn't take a genius to work out that said placeholder is taken up by a variety of different social events similar in nature in different people's lives. The nearest Starbucks for me is literally a 2 hour drive away. Everyone can live without Starbucks. Most people go insane when forced into solitary confinement.

Why is a multimillionaire telling me to use public transportation? Something about that shot pissed me off

@user-zf4kv9ou2i

Ай бұрын

To save money

@zanebrownlee7402

Ай бұрын

​@@user-zf4kv9ou2ihe's old and out of touch

@MrDublem

Ай бұрын

​@@user-zf4kv9ou2i "Bill Gates here telling you to live in a box under a bridge, to avoid paying rent so you can save money!" Helpful, helpful stuff

@lavenlaven84

Ай бұрын

A lot of Wall Street executives use public transportation to save time and money

@rahulg5403

Ай бұрын

​@@lavenlaven84proof?

British people are always rich 😢

8% interest! Where‘s this guy from?! The past?! 😂

How out of touch are you? Grampa:

@kjroyalii173

Ай бұрын

how is him giving tips on how to save money make him out of touch? All of this is true

@jsebby2284

Ай бұрын

Nothing he said is out of touch

@charlescannon2469

Ай бұрын

I'd say thinking someone having 45% or more of income going into rent alone. Add in state and federal taxes at 10% or more. The remaining 30 to 40 percent going towards to water, electric, car insurance, car payments, gas, food, internet and cellphone because I have to be reachable at any time by email or phone not just in the office, various goverment fees, parking fees, and throw in medical bills if you are lucky to be able to pay it, and still having a quarter or more of your gross left over sounds pretty out of touch.

@GoodNews-px2im

Ай бұрын

Were you looking in the mirror when you typed that?

@johnprim

Ай бұрын

The guy is making a spot on observation about the modern world, except the transportation is low.

$4 on transport? This guy's never booked an Uber or Lyft in his LIFE

@hahafiyd7595

Ай бұрын

He's a boomer after all

@kelele

Ай бұрын

$4 on overpriced transport was right in the 80s

@joaquincaceresguibovich3182

Ай бұрын

Bro here 4$ is overpriced. I pay around 2$ for 20 km of travel distance

@The_Keh27

Ай бұрын

​@joaquincaceresguibovich3182 once got a cab to work from my home due to car tire issue - 17kms away. Cost - $50. No buses go that way (paid for BY work as I would never pay that much for a taxi). $2, $4, even $10 or $20 would be amazingly cheap.

@Alison2436

Ай бұрын

and he claims that's "over priced transport" for $4 when u are spending more than $4 on a bus pass anyways 🤣🤣

The biggest wealth killer is the loss of buying power worldwide due to inflation pops. It's really easy to make money when you bought a house for half a year's salary while nowadays you can't afford to live on rent with a single salary

@jonathanguerrero5991

Ай бұрын

You forgot the part where you rent that house to younger generations making impossible for them to buy and giving “advices” to save in coffee.

@Ksenia584

Ай бұрын

Yeah. That’s the point of investing. People invest to combat inflation. If inflation is 5% and your money grows at 8%, you’ve hedged against inflation.

@lasmonk

Ай бұрын

@@Ksenia584 You're right, I wish I was investing instead of playing football on the backyard while I was seven.

@jsebby2284

Ай бұрын

The biggest wealth killer is wasted spending on wants. When did people buy a house for half their salary? No - you can afford to rent on a single salary

@seto7348

Ай бұрын

​@@jsebby2284bullshit.You save 10k a year now what? After 30 years when you are 60 or 70 MAYBE you can get another house.Congrats bro you never sPENT any money your whooe life and went for work - home and yoi have another house at70 .

i know i know, but buying overpriced coffee in the morning is one of the few upsides in my day

@Furret_engi

Ай бұрын

you're not drinking coffee you're like drinking a liquid cake

@benjimiguel17

Ай бұрын

@@Furret_engi let me enjoy my coffee milkshake in peace

@Furret_engi

Ай бұрын

@@benjimiguel17 yeah but you're not a real coffee drinker like me! I'm addicted to a legal drug!

@benjimiguel17

Ай бұрын

@@Furret_engi you okay?

@Furret_engi

Ай бұрын

@@benjimiguel17 n o .

I broke down all my old bad habits and couldn’t believe it equared to a 32k salary per year. No wonder I was living paycheque to paycheque. Cutting it all out I've seen great success and freed myself. Stay Uncommon!

Inflation making it impossible to even buy water 💀

30 years from now: $300,000 cup of coffee; $500,000 lunch; $200,000 uber; $150,000 donut. Oh and Oops the market just crashed and all your money is gone.

@JabbaDahut-cv9up

5 күн бұрын

Then minimum wage would be $100k an hour.😂

And in 30 years a million dollars will be worth about as much as $10,000 today.

@Shawblade

Ай бұрын

$10000 better than nothing

@EnderViBrittania

Ай бұрын

Keep making excuses

@counterleo

Ай бұрын

That’s why investments exist. Put it in the S&P and you’ll easily offset inflation plus generate income

@georgeousthegorgeous

Ай бұрын

@@counterleoabsolute BS. S&P always follows the inflation, it’s good to save but it won’t ever make you any money.

@chaosnine3685

Ай бұрын

@@EnderViBrittania i make 85k a year, and have a pretty substantial amount of money in my savings account, Roth IRA and various investments. and I'm telling you, The economy is in the toilet, and nothing short of overthrowing the government is going to save us. I'm not making excuses,, you're ignorant to how far beyond saving this country is.

After 30 Year's , But still investing and savings is must

i’ve recently read millionaire fastlane. this video is a perfect example of a slowlane road to wealth.

i dont drink coffee, walk everywhere, dont buy any lunch or "treats" and am still broke... thanks for this important information

@ttephi3667

Ай бұрын

Lol 👍🏻

@silverltc2729

Ай бұрын

Do you have a job?

@FeasyFren

Ай бұрын

​@@silverltc2729Why have a job when the government just gives you money to be poor?

@Bacon_strips96

Ай бұрын

Go get a better job and live on less than you make 🤡 wow problem solved.

@carcarki5818

Ай бұрын

What are your expenses? Give me a number to every expense

It really gives " pull yourself by the bootstraps".

@FullPlaythroughs

Ай бұрын

Of course, boomers like this come from a time where you could buy a house for £15k, they then completely inflated the housing market so nobody else can afford to buy one and now suggest we should just stop buying coffee and netflix like that will make any kind of difference 🤣.

It is brilliant how you demonstrate how much each little expense builds up.

The issue is that in 30 years that million dollars wont even cover your internet bill 😂

@jsebby2284

Ай бұрын

Yes it will. Also, save more then

@Septembermoodddd

Ай бұрын

@@jsebby2284 Save more? Absolute genius. Save more while restricting yourself and living frugally and then end up as a really miserable person when you're old because you wasted your life? But at least you now have a nice house! ..And zero friends.

@jsebby2284

Ай бұрын

@Septembermoodddd you would think it's common sense but in today's day and age yeah it is pretty genius. Thanks man. Why would you be miserable? How did you waste your life? Why would you just be getting a nice house? And why would you have zero friends? Dude do whatever you want with your money. You just don't get to complain when you have nothing saved for retirement then. My statement of "save more" was just a simple repsonse to the guys idiotic comment. It's really not that deep

Everything added up, but $4 on overpriced transport???! Here in nyc it’s $4 for one foot entering the cab before it even starts moving

@grouchostarx531

Ай бұрын

Single trip metro card in NYC is only $2.90, and the monthly one is like $132 or something for unlimited rides every month. Much more economical.

@rocksolid99

Ай бұрын

Yeah lost me there too. $4 for a ride even just down a street is a great deal.

@FirstHandLLC

Ай бұрын

I don’t use public transportation whenever I go to a new city for a few days for work, no need to burden myself learning their routes and schedules if I’m going to leave soon, so I usually uber everywhere. I was in NYC for two days, was paying just under $30 to go like 3 miles in Manhattan lol

@conorlydon6531

Ай бұрын

Public transport is $10 return where I live.

@girlwhomustnotbenamed4139

Ай бұрын

We have almost as big a "basic fee" for taxis in my country before it even starts. That, and no one uses a taxi every day to go to work that they could swap out with public transport. Most people already have a monthly/yearly pass and take a taxi when they need to. No one will ever become a millionaire, not even in 30 years by putting that amount of money aside. Plus what safe investment ever actually has an average 8% yield? Any time they promised sg like that, it never materialised. Plus it means you won't have any other savings for 30 years and you will inevitably need funds for things in the meantime because, you know, that's your entire life.

So many people in my past would essentially argue "What good is money if you don't piss it away". So sad!

Transportation around SF is expensive. But public transportation is both dangerous and unreliable.

...30 years of misery...

@M.e.h..

Ай бұрын

You don't have to be so extreme about it, but cutting some Comfort to be financially free during retirement is a good trade

@leojin5838

Ай бұрын

Don’t be extreme. Cut some unnecessary spendings doesn’t mean you can’t enjoy yourself. For example if you were planning to go to holiday on first class and live in a large popular five star hotel, you could instead fly economy and live in a smaller four star hotel. This doesn’t mean you can’t go to your holiday, it’s just cutting some spendings without really compromising too much.

@travellingstranger3378

Ай бұрын

@@leojin5838 of course, but my morning coffee from starbucks stays 😁

@cspray5386

Ай бұрын

Don't go broke trying to look rich

@UrbanstarsK

Ай бұрын

@@M.e.h..$1M isn’t financially free… What do you think that $1M is going to be worth 30 years from now. Close to $250,000 today at the rate of inflation. That’s beans.

If only companies paid their employees enough to afford anything but toilet paper and ramen

@Shoesarenothammers

Ай бұрын

You’d think they don’t but go to any shopping mall and they are all packed. So even if the companies are underpaying people need to put their spending in check.

@EnderViBrittania

Ай бұрын

@tobiasthederp That is cope. First: You get paid according to your skills and your work quality. Improve and make yourself more valuable, and get paid more. Second: You are complaining and making excuses, as an attempt to avoid responsibility of not wasting money ad the video explains. In both points, you fail to take responsibility for your own situation, which is the main problem with all the whiners like you in the comments.

@DuppeGutta

Ай бұрын

⁠@@EnderViBrittaniadont help The beta male Alfa bro😂 what do you make 13$ an hour

@DuppeGutta

Ай бұрын

@@EnderViBrittaniajust cuz you make kaffefee dose that mean you cant make money to live of? Yes somone can do The job cheeper sure and its brain dead work but again why shoud you not be able to make a living

@MrDublem

Ай бұрын

If you stop buying toilet paper and just go around with a dirty ass, you could save up to $5000 a year, and with an 18% annual return in an index fund you could be a millionaire by the time your friends and family abandon you because you smell like festering shit!

Mom Im a millionaire!!!

Granpa got his 1million dollars today!

DONT LISTEN TO OLD RICH PEOPLE

@Eric-zv9ut

Ай бұрын

You’re right. Listen to the broke people you grew up with. They’re really going to launch you into success!

@PerpendicularFlight5

Ай бұрын

womp womp

@advancedgaming6712

Ай бұрын

or maybe understand what they are saying their advice might 'NOT' be useful in every stage of your life but their advices are more specific which goes excellent with special situations, and you need to find it. think about it, the much you've lived, didn't you ever thought you had multiple choices and decisions? and some of them are useless? and that's where you realise what you should've chosen. But this situation doesn't happens to everyones life, everytime old is gold in the way they are treated

@twstdreality

Ай бұрын

Yeah, don’t listen to the people with the most experience

@bili6229

Ай бұрын

Maybe listen to u, are u smarter? Or do u have more money?

"4 dollars on overpriced transport"

'Travel economically for half the price' 😂😂

If you die you won't be spending nothing 💵

And then once I have the million dollars, I’d be able to buy Starbucks, eat a nice lunch, watch Netflix, and not have to take public transport. Can’t wait!

@theseekingsankta3106

Ай бұрын

"I don't need million dollars, because all I would do with a million is the same as I'm doing right now." basically where i agree that you don't need a lot of money to lead a life, you are just showing that you have nothing else to do with your life and just couldn't handle that amount of money, or just have no big interest in doing exciting things, like travelling the world also this is just meant to show how easy it is to get rich

@jacobcarrizales427

Ай бұрын

Yep! And you are definitely guaranteed to live that long. So don’t spend anything on yourself today. Put it all into a money machine that the speaker is also invested into so we can all make more money! Now is a great time to invest since the economy is booming.

@pepper0075

19 күн бұрын

@@theseekingsankta3106dude cut the crap, most people will never have 1m on hand, unless your name is warrent buffet

Enjoy being a millionaire 30 years from now if you're still alive, after that long grind, When you're with one foot in the grave and the other outside, old, ugly with your body quitting on you. Sounds lovely.

@marktilbury

Ай бұрын

Hi, do you really think that at 20 years old? I’m in my Fifties having the best years of my life! Build the foundations from 20-30 and you can have a great life, safe in the knowledge you’ll have a million by 50 maybe more. MT 😎

@roosdoggo

Ай бұрын

@@marktilbury everything you said in the video was way cheaper than what it actually is. 4 dollars for transport is not expensive compared to actual transport

@kjroyalii173

Ай бұрын

how is making coffee at home and home lunches gonna make you a foot in the grave?

@fliporflop7119

Ай бұрын

@@kjroyalii173 copy my response and paste it into chat gpt prompt and ask him what i meant.

@leokim8340

Ай бұрын

I don't understand. Making your own lunch and taking public transport make you ugly and body will be qutting on you? If you take public transport you would more likely to exercise from walking and probably healthier lol.

Putting donuts back bare handed you sick guy

15 dollars for some lunch is crazy

Man picked up a Krispy Kreme and then put it back. That’s a criminal offence

@blazeruiz8889

Ай бұрын

For real I was waiting for someone to notice

@davecollins1753

Ай бұрын

@@blazeruiz8889 I noticed. ThTs what rings are for! Don’t use your hands you savage!

@AxeDragon1989

Ай бұрын

In Australia Krispy Kreme is $28 for a 9 pack, absolutely criminal

@GreatTaiwan

Ай бұрын

@@AxeDragon1989are u sure? Or are you exaggerating How come people buy it? Or do I guys have crazy high salaries (like 200k a year)

@marktilbury

Ай бұрын

I of course bought it afterwards haha

In 30 years that same fiat currency will be worth practically nothing or if you do get to cash out chances are it will be only via CBDC’s and you’ll only be able to spend what the government lets you spend it on. What a misery

@TheWizardofOdds-ut2bx

Ай бұрын

Stock up on sovereigns, Kruger rands and buffalos.

we in the 4HL, we dont have time to wait for the bus, or make our own lunch..