Been frugal all my life before frugal was cool…now I’m retired because of it. Great video.

@TimothyDeck

Ай бұрын

Well said.

@susanarodriguez1675

Ай бұрын

Me too!!!

Any day I don’t spend any money is a good day.

@karendiane9154

22 күн бұрын

I have a no buy day. I don't buy anything on those days. No buy days have saved me money.

You’re so right. A habit of frugality keeps us prepared for the hard times.

@karendiane9154

22 күн бұрын

Well Said!

I am proud of my lifestyle, no pets, plants/yard, debt, non smoker/drinker, little junk food, sleep right and exercise. I fish, golf and swim because I am retired. I don't need to volunteer or get a part time job because I broke the chains of materialism.

@Dallas3212

Ай бұрын

But volunteering is free though?

@kaceykelly7222

Ай бұрын

Actually, volunteering is very healthy and costs nothing. And there are so many options!

@blogdesign7126

Ай бұрын

Congrats!

@krisstargazer

Ай бұрын

Sounds boring af

@verbalasswhooping

Ай бұрын

Only thing missing is beer, Mary Jane, and hookers. You rock Brother! 😂

Lost my 17 year job in 2021 because of covid. Lost my career. Never thought something like this could happen. Wish I had been more frugal earlier on. Save your money everyone. You don’t need stuff’.

Permanent frugality in my life.

Honestly this cannot be overemphasized, helping people mitigate unforseen circumstances and mistakes .It's always good to have a financial plan,

@benjamineprg4249

Ай бұрын

No doubt making smart plans and setting up diversified investment portfolios is quite essential.

@camela8445

Ай бұрын

the problem is that most don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high in these challenging conditions.

@camela8445

Ай бұрын

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields and taxation

@kaylacapotosto8523

Ай бұрын

yeah that's a good path, focus on a good strategy, relax back and watch it compound within the years. In good time you'll see returns.

@kaylacapotosto8523

Ай бұрын

It's crucial for individuals to diversify their portfolios, seek professional financial advice, and stay informed about market trends to navigate these challenges effectively.

The best reason to be frugal is that you stop giving money to the vultures. Convincing people they are less unless they buy things they don't need, stripping natural resources of poor countries while they do it. There's peace of mind in frugality

Frugal living is a superpower. I was doing this before the pandemic and before the economic crisis and I haven't been financially stressed because I was already living below my means but not suffering because of it.

Been living the (comfortable) frugal life since the 90s - served us well!

Been frugal forever and now ready to retire. My wife and I always lived below our means with less than 30k (family income)

@gentillygirl545

Ай бұрын

How wonderful!!

As a government employee, living frugal is a way of life, I am NOT cheap but frugal. I don't have the time nor energy to shop and return products, garments etc., when I buy it's a thought out purchase I want and plan to keep:) A budget is the first start to a frugal life and save.

@onedot6674

Ай бұрын

Wish other government employees (senators, governors, etc.) were also frugal with the people's money.

@gentillygirl545

Ай бұрын

I wish I had friends like you. I just keep my head down and keep keeping on. I need to cut out Monster coffee beverages. I get free coffee at work. I need to let go of the psychological stroking.

I think the word "frugal" has taken on negative connotations. It is as if over consumption and waste is something to embrace. Seems to me, being frugal is great for the planet, for our sanity, and great for family life. I cannot find one negative. I embrace "elegant frugality".

@princessdumbarton9877

Ай бұрын

Being frugal is just what most people always did. It's basically common sense and not being greedy.

@jeffmiller9798

Ай бұрын

​@@Tater-Skinz Great way to look at it

@gentillygirl545

Ай бұрын

It is also a spiritual practice, and generally being a good human.

I’ve been frugal for years and intend to continue being frugal. I don’t care if the economy does a U turn and everything is dandy. I’m never letting my guard down I want to be prepared for anything and everything that comes my way!

I’d be retiring or working less in 5 years, and curious to know how best people split their pay, how much of it goes into savings, spendings or investments, I earn around $200k per year but nothing to show for it yet.

@arlenehill4ril

Ай бұрын

get rid of any unnecessary purchases, especially things that cost you monthly, or better still, you should consider financial planning

@heatherholdings

Ай бұрын

Right, I'm quite lucky exposed to personal finance at an early age, started work full time at 19, purchased first home at 28. Going forward, got laid off at 36 amidst covid-outbreak, and immediately consulted an advisor to stay on top. As of today, I'm barely 15% short of my $1m goal after subsequent investments.

@heatherholdings

Ай бұрын

'Karen Lynne Chess' is the licensed advisor I use. Just search the name. You’d find necessary details to set up an appointment.

@dick-vn3yv

Ай бұрын

@@heatherholdings WARNING: SCAMMER ALERT !

Hope for the best, prepare for the worst.

@gentillygirl545

Ай бұрын

Always.

In conversation I shared that I don’t shop at the mall. Everyone kind of ironically chimed “I don’t shop at the mall” I think they thought I was saying to mean I shop at boutiques or something. The irony is we primarily shop at thrifts and consignment stores. I didn’t correct them but it reinforced that frugal isnt yet a normal thing as it has been in the past. My grandmother would say if it’s clean and covers your bits who cares what others think. Nothing went to waste even planting saved seeds from fruit and vegetables. All the best everyone as we continue in this journey of life!

Though everyone loves the luxury lifestyle but many don't want to take the risk to invest or work for it.. Now's the best time to buy the dip and it's an opportunity that will grant you all the luxury you crave for.Very interesting content, i would also be glad if anyone here can explain a few things for me, this is 2024 and I believe it's my time to invest and shine for a better future.

@eloign7147

Ай бұрын

I think the one thing most investors miss when calculating intrinsic value, is that they look solely at the history to estimate growth in the future. The growth rate is very important, it arguably should take the most time in valuation. The past 10 years could be unusually good/bad due to acquisitions/dispositions affecting financials. Look to the future and make your best judgements.

@rogerwheelers4322

Ай бұрын

There is one thing I have learned in recent months it is to remain calm, especially when it comes to investment in Stock. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.

@joshbarney114

Ай бұрын

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

@FabioOdelega876

Ай бұрын

I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

@joshbarney114

Ай бұрын

I definitely share your sentiment about these firms. Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

That’s why I went self employed. I knew I would never have any security or flexibility if I worked for someone else.

@insertmyidentityhere

Ай бұрын

Agreed! What kind of business do you have?.....

Your plants are looking beautiful! 🪴Long live the jungle! 🦁🐯 No time is a safe time. We should all move towards frugality more and more to survive.

@ElAgustin

Ай бұрын

Thanks! My rosemary plant died unfortunately. I might have repotted it too soon. But all of them (minus the neon yellow one) is thriving. Not sure what I'm doing wrong with that one either.

@juliem.3936

Ай бұрын

@@ElAgustin My furnace went out in the winter and my plants were without heat for about 5 days (except for electric heater when in the room). One got shocked by that but survived. However, when I subsequently repotted it a couple of months later it died. Too much stress. I think plants are all about water and light with repotting every one to two years (depending on type). Keep up the good work!

Austin, my husband and I have often discussed the disconnect between the “great” economy and the cost of living crisis for everyday people. We live in strange times. Frugality and as much self-reliance as possible are our strategies. Thanks for another insightful video.

My grandfather always talked about the great depression. Riding the trains, he got caught in Georgia and did 30 days on a Georgia chain gang. He said California, he got a meal, a haircut, a shower, then they drove him to the edge of town and told him not to ever back again.

I doubt most ppl think the govt shutting down business, paying ppl to stay home and printing money to oblivion...had unforeseen consequences. They knew what they were doing. 100%

@tinanolan1485

Ай бұрын

Agreed. Their mismanagement coming to fruition.

@ParisianThinker

Ай бұрын

All ills were preplanned by BIDEN DEMOCRATS. ‘You will own nothing but be happy’ They will own YOU.

@agnesgooch459

Ай бұрын

Absolutely 💯

Your editing gets better and better Agustin and the content has always been captivating. And almost at 100k!

@ElAgustin

Ай бұрын

I'm trying! It takes a lot more time. I've been cutting down my upload schedule a bit lately to just focus more on upping quality. Plus 2 years of consistently putting out 2 videos a week has made me a bit tired. I'm finally don't have the fear that this will disappear overnight.

@Luncheon23

Ай бұрын

@@ElAgustin I noticed that there were fewer videos per week than in the past, but that's okay because the content that you put out is still very much worth the time we spend watching it. Here's to many more years of great financial content and an ever increasing audience! 🥂🥂

I guess someone will have a 100k frugal subscriber party tomorrow! Enjoy man, you deserve it.

Being frugal is so important, and we're the only ones who can control our spending/earnings to a degree. I've been watching your videos for a couple of months now, and I want to say thanks for keeping up the frugal inspiration!

There are a lot of factors but in the case of many Americans its srlf inflicted wounds. Putting wants before needs, pretending to have a lifestyle they can't afford, a childish need for immediate gratification. Thays always been their problem. Regardless of external factors.

@backseateats9513

Ай бұрын

I been unemployed 1 year 😢 and despite me having 100k cash I feel so worthless

Excellent video, Austin. Just one thing: the putting "profits over people" thing obscures what's happening: corporations are choosing to share their profits exclusively with their stockholders and upper management (they're people too, just extremely privileged people), rather than those whose work creates those profits (and without whose work there would be no profits). It's also true that anyone with an index fund is likely profiting too: these investors (like you and like me) are receiving unearned income from this same corporation. You can be in the worker class and investor class (albeit in a relatively small way) at the same time.

@ElAgustin

Ай бұрын

Yeah, it's complicated. Nothing is ever simple. If it is then it's probably a cult, haha.

memorial day all we had was hot dogs and hamburgers on the grill. before the pandemic. we had everything on the grill; onions, bratts, metts, chicken, shrimp, steaks.

Congratulations on reaching 100,000 subscribers! You worked hard and it’s an amazing accomplishment! 🥳🎉

Wow. Almost 100k subscribers. I remember a few thousand when I started watching. Happy for you.

😂 Talking about politics does bring in a weird audience. 🤣🤣 so true Austin.

@ElAgustin

Ай бұрын

If I say that in the video, then it will deter them away, haha.

I like how you pointed out the truth of stock market is up, unemployment down; yet we are all still struggling terribly. Something government continues to turn a blind eye to.

@Deva-no3dn

Ай бұрын

There are haves and have nots and what’s happening in the world doesn’t ever change that.

@SSMM0CONTAI

Ай бұрын

Government’s job is keeping people poor or making sure they have just enough to survive. If everyone is rich and enjoying life on beach, the society will be dis functional.

@Deva-no3dn

Ай бұрын

@@SSMM0CONTAI I don’t think the “rich” enjoy life on the beach. You have to work hard consistently to be “rich”.

@Peter-tk6rm

Ай бұрын

Not a blind eye. Very intentional.

@pensacola321

Ай бұрын

Why do people blame government for their failures? Losers.

All great points. Especially the precarious nature of employment. A lot of people spend assuming that the job will always be there. That's most certainly not the case anymore more. No one is working one job 30 years, getting a gold watch and retirement party anymore. We're all essentially contractors whether you're actually a contractor or a "permanent" employee.

@KittyKat-vb1nd

Ай бұрын

Anyone particularly in the US where there's few workers rights thinks that explains why they're always in debt

Congratulations "Agustin" almost 100 000! I was here since 15 000 .. you deserve

My best lesson from 2020? I learned about how much of the stuff I used came from far away.

Impressed by your insights and analysis. As your audience grows I hope more people will take advantage of your content and help themselves. 👍🏻

Congratulations on 100.000 subscribers! I'm happy that I've been here before.

Best video ever Austin! Thank you!

Almost at 100K!!! So glad I found your channel, content is awesome!

@ElAgustin

Ай бұрын

Yay! T minus 2 or 3 days!

Oh, you are so close to 100K followers, that’s amazing Austin! I started following you when you didn’t even have 20,000.

Thank you for this reminder to be frugal

Way, way too much govt spending during covid is having dire financial and emotional consequences now on everyone.

Approaching to 100k subscribers! 😊 Congratulations!🎉

I live in Ukraine and you can image how valuable your information is for me!

Another great upload. Thank you Austin.

@ElAgustin

Ай бұрын

Thanks for watching!

I love your channel cause u get right to the point!

Thank you, Austin! as always, you give amazing content, and I absolutely adore you which I think you know by now ha ha! 👍

@ElAgustin

Ай бұрын

Thanks for watching since the beginning!

Congrats on 100K subscribers! 🎉 You deserve it, awesome content 😎

Okay, so I hear the same thing you said about people can't afford to go out and eat and do extra things because everything is so expensive, however, there is no time of day or night that whilist driving past restaurants, movie theaters, entertainment places, that the parking lots are always always almost always full! So my question is, where do these people work, how are they able to drive late model vehicles lined up by the rows and rows in restaurants and entertainment places and busy streets traveling and using fuel, etc?? I really wish someone would answer this for me.

@EverythingAndAnythingGoes24

Ай бұрын

Maybe people are using credit cards and loans to (probably unknowingly) overspend and live beyond their means.

congrats on reaching 100k🎉🎉

Congrats on 100k subscribers 🎉Love your channel.

@backseateats9513

Ай бұрын

I been unemployed 1 year 😢 and despite me having 100k cash I feel so worthless

No one is coming to save the day should be number one. Once you have that realization, everything changes.

I been unemployed 1 year 😢 and despite me having 100k cash I feel so worthless

I'm happy that I grew up next to a swamp in a small shack. It was nasty going to school with rich kids with horses and frequent European vacations. The yate 9 course meals at lunch and wore British vests and nice clothes. After 15 years of severe poverty I decided not to try that again.I ended up very rich with my wife in retirement but I watch where we are going and know it can be beat with strategy and an open mind.

Great advice, Austin!

Love your channel. Good video!

@ElAgustin

Ай бұрын

Thanks for watching

It is important to stay grounded and humble. I was born into a Frugal family since childhood in the 1980s so it is a natural thing for me to be frugal

100k by next week, let's go El Augustine! 💪🏾

"The greatest wealth is to live content with little"-Plato-

@MazzyOmmS-yj2ll

Ай бұрын

Yes, "you will have nothing and be happy" . Schwabb

@Michelle_Emm

Ай бұрын

​@MazzyOmmS-yj2ll you might want to fact check your comment. I know you're too lazy to do that so I did it for you. You're Welcome. Did Klaus Schwab write "You will own nothing and be happy" in his 2020 book "COVID-19: The Great Reset"? No, that's not true: The book contains no such quote. Additionally, neither Schwab nor the World Economic Forum, which he founded, advocate for abolishing private ownership of goods and property. The phrase may have originated from a Danish member of parliament who wrote an essay that was reproduced by the WEF titled "Welcome to 2030. I own nothing, have no privacy, and life has never been better."

@Craig121000

Ай бұрын

Two useless quotes.

@backseateats9513

Ай бұрын

I been unemployed 1 year 😢 and despite me having 100k cash I feel so worthless

@Michelle_Emm

Ай бұрын

@@MazzyOmmS-yj2ll except Schwab never said that.🤦‍♀️

THIS IS SUCH AN INTERESTING VIDEO🎉🎉😊

Almost a 100k subs Austin!

@ElAgustin

Ай бұрын

By Monday hopefully! 213 videos later!

Being frugal can also make you enjoy and appreciate what you have more, especially non tangibles. That’s been my experience. It’s been freeing in a way.

Great stuff!! I thiught I would see the magic 100k today..so close!! Congratulations anyway 😅

Excellent content!

@ElAgustin

Ай бұрын

Thanks!

Reduce expectations now for long term contentment.

I appreciate that your channel is politics free but also acknowledging that politics impacts our financial situation.

Wow 100k subscribers ✌️

How I play with my money is that I already keep a fixed amount aside for investing/ saving , rest is for expenses leisure etc

Súper vídeo👍🌷

PAY DEBT SAVE MONEY DON't MAKE ANY MAJOR PURCHASES STOCKPILE KEY RESOURCES!

would love to hear a video of where you personally like to look to store your wealth.

I remember watching a cook show back in the 1980s called the Frugal gourmet.

@Arienrhod

Ай бұрын

He was having sex with little boys🤷‍♀️

A lot of truth.

🥳🎉100K🎉🥳 You had around 1.2k when I subbed. I knew you would be big!!! Way to go!!!! You’re just going to keep better from here🎉

Lots happening. Don't forget our country has been loaded with people hostile to our republic , way of life , and our philosophy of governance.

I lovvvvvveeee your content!!!

@ElAgustin

Ай бұрын

Thanks for watching!

my boy bout to hit 100k lets goo

Almost 100k❤ wow

How do you keep thinking up ideas for videos as a KZreadr?? Lol. That's what intimidates me about starting!

@englishlearningexpert3595

Ай бұрын

I have a channel and, yes, it’s a problem but I brainstormed 12 yesterday. Took my notepad on the tram to work and now have 12 video ideas - enough for 1 a week for 3 months.

Dont have kids. That's #1. I am 41 years old with teenagers, and i love them and have no regrets, but if i was 21 in 2024, i would avoid bringing children into those evil, corrupt, unaffodable world right now. I worry about their future every single day.

@titolovely8237

Ай бұрын

I won’t lie I’m worried about young people too. Idk what on earth they’re going to do when they’re my age. By that time 60 year mortgages will be a thing and cars are only for rich people.

@SurpriseMeJT

Ай бұрын

I started having kids late at 43 years old. I took care of building my retirement first. It wasn't necessarily planned like that, but not having to worry about saving for retirement is a pretty big weight lifted off my shoulders.

@TylerG7777

Ай бұрын

57 yrs old. 2 kids, 20 and 16 yrs old. Yes, I love them. But it has not been easy. And a small fortune. And the world they’re coming into? Yup Kevin Nordstrom, I agree with you 100%.

@MrSteeDoo

Ай бұрын

You must be a real joy at parties.

@KevinNordstrom

27 күн бұрын

@@MrSteeDoo chill francis. I'm just looking through the eyes of logic and common sense.

Congrats, Agustin! Well deserved! 🙂

I worked at a gas station as a cashier all through COVID.. it was crazy..I never got it either! ( knock on wood) lol…

@Nisa-gm5wg

Ай бұрын

I was a therapist at a nursing home😥 during Covid and still work there now. It was horrible. We lost so many patients and some of my coworkers got Covid as well. I had it twice (January 21 and January 23). I had no symptoms and my family (5 of us too) didn’t get it. I kept my distance, washed my hands and wore a mask. If Covid ever comes back like that then I will retire ( I’m only 3 years away from it). I pray the world never goes through anything like that ever again… and yes I was vaccinated ( my choice and not forced) with no side effects either. Be blessed Ronnie

@agnesgooch459

Ай бұрын

​@@Nisa-gm5wgyou would have had a flu or cold. Covid1984.

I'm lucky that my house is paid off, and my car is paid off. Only property taxes which just went up (any surprises??) but I can handle them. I do have a few Credit Cards that I'm quickly paying down BUT don't use anymore. Everything is CASH from now on! I brownbag breakfast and lunch and eat dinner at HOME. I'm saving just about everything I can

Living in America you are exposed to enormous financial risks Car accident, medical emergency Because our society is predatory capitalist you have very few protections Can you afford to leave a toxic job and burnout and take a year off to recuperate? Not many can But if you live a frugal life you can

Was always used to having money, had a nice car and now I’m broke. My dad and stepmom both passed away a couple years ago so I spent a lot of my money to help with my depression(nice things, feel good items and experiences) and it did help with my depression, for the time. After a while now I’m almost 30 with no car, was unemployed for a while so had no money coming in so went broke and now I’m starting back to save and get back on track as I just got back a new job. I think I can do it with the discipline, I just need time and money saving strategies. I’m looking forward to see how much I can actually save in a year or two

@SurpriseMeJT

Ай бұрын

I think you were always used to spending money. We grew up as immigrants (refugees) and always had money. How? We just didn't spend it on frivilously extravagant things. What's extravagant? A nicer car is hugely expensive.

COVID’ made me crazy I haven’t left my home in 5 years

Thinking about it Covid 19 also brought out some of the worst fears in people such as racism, favoritism, distrust to name a few.

@yofinance1777

Ай бұрын

I saw the complete opposite during the lockdowns. Our community were very good to each other and it’s made up all races and religions. Atb 🙏🏻

@insertmyidentityhere

Ай бұрын

Playing that card still?....Please. Stop grasping for straws & move on....

@janicehuff1183

Ай бұрын

@MelRog Difficult times often brings out the worst and the best in some people, regardless of their race, nationality or class. I saw the best in my family and even my friends and neighbors of different races and nationalities. Please stay positive, my friend, because there are still good people out there. God bless.

@MelRog

Ай бұрын

Thank you Janice.

My sister and I were talking the other day…post Covid America resembles post war America. It takes time to get back to normal.

I work in medical field for 20 yrs and will retire in 5 yrs.. have a good retirement.. so im doing good

Saving money to invest is key!

All my life,i've been broke.So i'm basically frugal..what to do with money if you never have it ?

Venha pro Brasil, Austin.

Essentials workers never stopped working

Love your videos and what is that last sentence u always say in spanish? 😂

@ElAgustin

Ай бұрын

Muchas gracias, que tenga un buen dia, nos vemos chicos.

Have you read the book THE FORTH TURNING IS HERE? Interesting study.

I would add on to your point where people don't feel secure anymore with their jobs. Now people don't even want to participate with those jobs with big corporations. We the people are on to the corporations scheme of profits at any cost. Everyone is giving the corporate concept the middle finger. It's a gig society from now on. To hell with making the very few corporate elites ridiculously wealthy.

Great video. More jobs are being created because many people need to work multiple jobs to make ends meet. And things are going wonderfully for the 1% who own most of the assets since inflation benefits them. So the economy is strong for the people who it's set up to benefit.

Bro they already told us. You will own nothing and be happy. Now you and I are seeing it coming. Money hoarding won't say us.

think i'll go to sleep, let's all go to sleep