Why LOOKING POOR Is Important
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⌚️Timestamps:
00:00 Start here
00:08 Reason 1
01:26 Reason 2
03:46 Reason 3
06:10 Reason 4
08:00 Reason 5
09:09 3 things you should do instead
09:17 1st thing to do
10:18 2nd thing to do
11:25 3rd thing to do
______
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@jpd5430
28 күн бұрын
Where did you get your glasses with clip on?
@AMPProf
21 күн бұрын
NO CHILD go gooche or go home.. Lolz naw grab slipper and broom and bucket
@christ.4977
19 күн бұрын
Another pro by not appearing wealthy is that you're a lessor target for theft or robbery.
@SafeEffective-ls2pl
18 күн бұрын
Zuckerberg owns a private jet and almost an entire island in Hawaii Bezos owns a private jet and has a yacht so big they had to take a bridge down to get it out of the harbor. He just bought a $68M estate in Miami
@VincentChan
17 күн бұрын
@@jpd5430 jins!
Oh, I don't just look poor....
@VincentChan
Ай бұрын
😅 what did you think of the video?
@jasongreenwood3260
Ай бұрын
@@VincentChan I liked it and I agree. My ex-wife had a bad case of "keeping up with the Joneses" which has caused me to be hyper-sensitive to this phenomenon. Your videos in general help me keep things in perspective as my A.D.D. nature tends to make me lose focus on what is important. I'm too old now to expect financial freedom, but I hope to be able to instill good money practices in my (now grown up) children and maybe NOT leave them with any form of my own debt and maybe leave them with some kind of legacy. That's my motivation. Thank you Vincent!
@foxtrotwolf6081
Ай бұрын
I do just look poor unless I compare myself to my neighbors. I wish I had an ex-wife, but then I won't just look poor. My wife always tells me not to go outside because I look too poor.
@fredp3088
Ай бұрын
You're an over achiever 😅😂😂😂
@WillThrill13
Ай бұрын
😭😭
The less you want, the happier you will be 😊
@jamestrent-nw9zb
18 күн бұрын
The best friend I have in my life is a balloon called Gary...who could ask for anything more?
@OGillo2001
17 күн бұрын
BATMAN
@ireeneua956
5 күн бұрын
No expectations no suffering.
Looking poor - yes! I was enamored to buy my first ever luxury branded bag - I saved up for it, because I thought I deseve something "nice" to elevate my look. The time I entered the shop, sales ladies barely entertained me, I inquired but I felt they were very disinterested. Came an older lady, and their mood suddenly changed. The way they entertained that woman compared to me was disgusting- I had to leave. I had enough money to buy the bag in cash, I honestly felt really bad for myself. So bad, I abandoned the plan and hated the luxury brand industry. I just bought more stocks with the savings and treated my mom for a weekend trip. Thank God they ignored me - indeed a blessing in disguise! Never looked back to luxury brands. Ever!
@dforrest4503
15 күн бұрын
That’s a great lesson, both for you and the salespeople.
@content_watcher_only
14 күн бұрын
1 calamity will destroy all your material things, you did a great job.
@hblee88
14 күн бұрын
Great story! And the Wisdom to appreciate this lesson of life. Kudos to you.
@cataboss8288
11 күн бұрын
👏👏👏
@CUBETechie
11 күн бұрын
I don't care about luxury brands. Clothes should be comfortable, practical and suited for the tasks
My dad gave me similar advice. I should look poor. Never brag about your wealth. Never tell your siblings, cousins, and aunt's and uncles, you're rich because they want a cut of your wealth. The minute a person wins the lotto everyone wants a cut of that money. I still own my Honda Civic for like almost ten years now. I plan on driving that car until it completely breaks down.
@lewismcelroy6946
25 күн бұрын
I don't even go to gym instead home gym
@earlbee3196
21 күн бұрын
@@lewismcelroy6946 You need to get out more .
@Radoslav-gk7wu
19 күн бұрын
@@earlbee3196 gym is indoor my darling ❤😂🎉
@margasessentials986
16 күн бұрын
I still drive my 2005 Toyota Altis (although I have a newer, more expensive car) and I don't have any plans of letting it go in the near future. 😊
@MADMOGtheFrugal
15 күн бұрын
@lewismcelroy6946 the gym is a worthwhile expense if you actually go
My neighbours started being very generous recently, giving me lemons from their tree and free eggs. I asked why, my neighbour said they thought I was struggling financially because I'm driving a 10 year old Toyota Highlander. I didn't realise my car made me look poor 😂
@ridita5221
20 күн бұрын
They are nice people.
@Radoslav-gk7wu
19 күн бұрын
Yes, cars are first parameter that neighboors value your wealth...
@mukhademonyo6449
18 күн бұрын
I mean.....they're nice neighbirs though with good intentions XD
@SafeEffective-ls2pl
18 күн бұрын
I have a 2008 Highlander with 335K miles. Can I have some free eggs?
@mukhademonyo6449
18 күн бұрын
@@SafeEffective-ls2pl i mean. if you were my neighbor you would. Because my family has a chicken coop.
My wife and I live in the same middle class home we purchased in 1987. We paid off the house in 1992 and have had zero debt for the last 32 years. We drive cars that are 8 and 14 years old. Since we are retired, we have no need to buy new clothes and we have every thing we need. I have no doubt our neighbors and friends just think we are two older retirees just struggling to get by like most retirees today. I have absolutely no problem with these individuals thinking we are just getting by day to day. The reality is my wife and I have a net worth of more than $5 million dollars but we want for nothing and we don’t need a new car or a bigger and newer house. We are extremely comfortable living the way we do and have no need to impress others with our wealth.
@user-me5mq3hj9n
Ай бұрын
Before retiring did you think you'd have that much in retirement? And as of right now how much do you think one would need saved up to live the life you live(also no debt and house paid off)?
@7oeseven793
25 күн бұрын
Yeah that’s not as simple in 2024. You had the advantage of being alive before all that house inflation.
@Jimwood-tt2je
20 күн бұрын
@@7oeseven793 While I agree home prices make it harder today. Our daughter and son-in-law are both in their mid-30’s He works for a large Fortune 500 company and my daughter is an assistant principal at a high school. They have two children and they have never asked us for any money. In fact my daughter has no idea how rich we really are and she won’t know until we are pushing up daises. We always felt that she should be responsible for making it on her own without relying on our money. They live in a home that is now valued at $1.3 million and my son in law told me the house would be paid off in a little over 3 years, They live on 70% of their income and invest the remaining money each month. My son in law asked me when they were engaged how I was able to retire as young as I did. I told him to always live well below your means and to stay out of debt. The only debt they have at this time is their house payment. Since they use the same financial advisor we do, I know they have at least $500,000 in investments because that is the minimum amount needed to invest with that particular advisor. So while it might not be as simple today as it was when I was younger to grow your money. It is still very possible if you have the skill set needed in the job market and you are willing to be frugal with your money instead of trying to impress others by living beyond your means.
@jp_jas
17 күн бұрын
On the other hand - it’s sometimes counterproductive to think only about saving and not enjoy the fruits of your work. You can’t bring that money to your grave.
@Steffi455
17 күн бұрын
Stealth Wealth i Like it. Congratulations Enjoy you're retirement
Most important thing “knowledge” do not hesitate to invest in some good money books like “The Hidden Truths Of Wealth” that book helped me to start my first business, I have never read anything like money secrets which are in that book
@lextergarrielumanito4649
12 күн бұрын
Bro you're taking it out of context, "Reasons Why Looking Poor Is Important "
@alturki928
12 күн бұрын
IMPORTANT this guy is most likely a fake account trying to make it look like this book is helpful. Do not buy this book as this is most likely a scam. Just dislike the comment
@ryan-patel
12 күн бұрын
bro stop talking shit if you haven't read the book
My wife needs to watch this video so she will leave me alone about my wardrobe 🤣
@VincentChan
Ай бұрын
LOL
@GregLeBon
20 күн бұрын
Me too!
@regalchic
19 күн бұрын
😂😂
@Steffi455
17 күн бұрын
Then show it to her
@KeiAngelus
16 күн бұрын
I think there's a difference between spending a bit of money to look well put together vs. having your wardrobe look like you completely let yourself go.
I look poor. Because I am poor lol
@orangefruit12
20 күн бұрын
😭🤣
I'm noticing something strange in the financial space on KZread. Many KZreadrs are creating carbon-copies of videos within a short window. I saw the video on Middle Class Habits keeping you poor pop up on 3-4 channels a few weeks ago. Then I saw the same videos about net worth going up after 100k, then videos titled why 100k is not enough. About a week ago, I saw 2 content creators make videos titled "why looking poor is important" so I thought to myself "hmm, I wonder if this exact video will show up a few more time." Sure enough, here they all are. It's almost like there's a coordinated effort to flood the space with specific videos...
@Ngerdg
27 күн бұрын
I noticed it as well.. perhaps they just ran out of ideas, clearly they're not as creative as we thought. They've run out of imagination, they're just incompetent copycats. If they look at other influencers content and if the content is generating a lot of views, then they make the same video to get as much views as possible.
@try_2_b_kind
25 күн бұрын
Yes. Nischa also uploaded a video 2 weeks ago with same title.
@colinrussell2017
23 күн бұрын
All of the self-help, finance, fitness, psychology etc. content on youtube has been studied, written about and shared for generations in good old fashioned books. None of the content is truly original, just repackaged for a new audience/generation. And I think it's great that it's getting out there for people to learn, whatever the medium!👍
@s.v.discussion8665
22 күн бұрын
LOL....that's it.
@Think20244
21 күн бұрын
They all take the same course to teach or make a video of whatever topic. Within a month everybody does the same thing
That grey tshirt on zuck cost 500$
@Th3Visitor
Ай бұрын
True idk why he ignored that fact because its commonly known that they all waste their money on those shirts (unless they are secretly bulletproof or smth😂) and that jeff bezos has many 'rich people' cars not just that honda elon musk pretended to live in a small house but he also owns a big mansion
@m.g.a3481
Ай бұрын
They want to wear brands but with no branding on it, its like u walking around like a Ad... @@Th3Visitor
@alvaronos
Ай бұрын
Have you seen the title? It says LOOKING POOR, not being poor...
@appollo1826
Ай бұрын
@@alvaronos Who are they looking poor too. Anybody that they are around is rich.
@Simplydivino
26 күн бұрын
@@appollo1826 is giving the illusion that they're everyday people eventhough theyre the 1%. Basic psychology plays
My mom also gave me the same advice..to look poor and that materialistic things are not worth it but making the superficial things turn to something useful is much more fulfilling.
Bezos has a $35M car collection and a $500M yacht. He doesn’t drive a 1997 Honda Accord or attempt to look poor.
@VincentChan
Ай бұрын
he was still driving a 1997 Honda Accord years after becoming a billionaire (this was as of 2013)
@80sidd
Ай бұрын
But it’s 2024 now
@VincentChan
Ай бұрын
@@80sidd yes, it's an example of a person who became a billionaire and was still frugal years afterwards
@theboringchannel2027
Ай бұрын
@@VincentChan it was marketing for selling stock to investors. Frugal man = frugal comany with little waste.
@kamilug-2393
Ай бұрын
@@VincentChan It’s about having your research right for the video. Like ur video was great but if the facts will keep on being simply wrong then I’m not gonna watch them anymore. Especially since you are giving advice about finance, if the facts are wrong, the conclusion might be wrong, which can fuck up peoples finances.
Miami bro that makes $50k/year - drives a Maserati (salvaged of course). Seattle dude that makes $300k/year drives a Prius.
@VincentChan
Ай бұрын
which one are you?
@IMPULSOESTATICO
Ай бұрын
The one in the middle 😀
@user-xr9ln5pf7y
24 күн бұрын
Try driving a Renault Twingo then. Parks better than a Prius and much cheaper 😂. Just don't buy Renault stocks, though 😂
@kaizokud42
24 күн бұрын
I work from home. So neither
I think its more about using what you have and buying high quality stuff that can last you for a while. It is less about who is rich and who is poor. I will never be the top 1% and I am oké with that. Do I sometimes want a new nice looking shirt or replace my old shoes? Ofcorse! Take care of yourself and focus on your own life 😊.
Thank goodness! I am REALLY good at looking poor.
@benton-benton
Ай бұрын
Haha, me too. I try to look invisible as much as possible.
This video is so true, I drive a modest car, use the cast iron skillets my grandmother gave me, have a small paid off house and when I do spend, I shop for bargains. Now in retirement I'm happy, comfortable and have more than enough to get by. This beats the heck out of keeping up with the joneses.
Honestly I think it's time we all start dressing a bit better (because I'm tired of living in a world where everyone dresses like a low level gangster everywhere or to the lowest common debominator) but I know the video comes down the concept of saving face and psychological aspect of not becoming the victim of an angry mob. Although the decline in the average person's fashion could ve interpreted as a sign that quality of life has declined long term.
@worldsdumbesttrumpturd....3143
Ай бұрын
I like how people dressed in the 50's. Classy
@targetegrat
Ай бұрын
Exactly back in the days people would dress up to go to concert, sporting event, date, etc. You did not want to be seen in casual clothes unless you were fixing something.
@transitengineer
Ай бұрын
@@targetegrat I still dress-up this way guess it is, just a generational difference. Prefer to wear a business/church suit and tie and to have my female date, to wear a knee length dress with nylons and heels (smile ... smile).
@transitengineer
Ай бұрын
I agree with your comment 100 percent. Over the past several years, I have ordered from Jos A Banks retail stores three (3) new custom made business suits (smile ... smile).
I dropped by a high end salon that accepted walk-ins wearing jeans and a t-shirt and they refused me service
@VincentChan
Ай бұрын
what! thats outrageous
@MONI-bj1ms
Ай бұрын
@@VincentChan thank you I thought so too
@sshreddderr9409
Ай бұрын
most likely not because of clothing, but because of your physicality, face and mannerisms making you look poor.
@Agent77X
Ай бұрын
The salon has standards to keep the riffraff out so rich people will have a good time not having to deal with the poor people!😊
@Josh-py9rq
Ай бұрын
@@Agent77Xyou clearly added too much paint chips into your cereal bowls the person wearing casual clothing had more than enough money the salon misjudged the customer and lost
This is great advice 👍 I remember telling a friend that I was going to purchase a new car. Later that day she called and asked me what I got, I said “I got an Altima”…. Her response- “Oh, I thought you were getting a REAL car.” 😳 I said - “It is a REAL car, it has an engine, a steering wheel, 4 tires…” She says- “Oh you know what I mean.” 🤦🏽♀️ No I don’t, but maybe that’s why I was able to purchase my home, pay my bills on time and have a savings. People please DO NOT TRY TO KEEP UP WITH THE JONES…. Half of the time The Jones will end up with nothing to show for all of the money they spent on unnecessary things just to look and feel rich. I promise you it’s not worth it trying to impress others
Where are you finding a Toyota Camry for so cheap or even a cyber truck for so cheap lol
@jamestrent-nw9zb
17 күн бұрын
Walmart (Between the broccoli and the mushrooms)
@admiralrng6506
11 күн бұрын
@@jamestrent-nw9zbtheir cybertruck expired so I got a Tundra instead
@genachattin
2 күн бұрын
Beat me to it. Can’t even find a used Camry for that right now
Why is every video of yours a copy paste from Nischa???
@cl9803
18 күн бұрын
great minds think alike sorry i mean great minds like to copy
@mo-akif
15 күн бұрын
Ok dude I thought it was just me. He's def copying her. LITERALLY THE SAME TITLE of the vid she posted 2 weeks before him.
I think that point no. 3 is the one that makes the most sense here. 1st is common sense, 2nd is not true (you can look rich without spending much, this is why the old money style got so popular, same with other things), 4th is just common sense as well, 5th is right but it's just a repetition of what's in every video. Hence, I think it would be worth to make a video on how not to lose sanity when chasing your financial goals.
I used to keep up with the joneses. Since that's the lifestyle that I grew up in. It wasn't until that I filed bankruptcy. I realized that I need a change. My family now thinks that I'm poor. Since they still live the Joneses lifestyle. While I live in a small modest 2-bedroom house that's just over 700 square feet. I drive a 2013 Honda Fit. I shop at Aldi. I have a CTRT TV with a DVD player and a TV antenna. I watch DVDs, OTA, and free streaming apps. I still listen to CDs and the radio.
I'm so good at looking poor, I've signed up for food stamps, medi-cal, WIC, take the bus, and currently waiting in line at the food pantry. Also emptied out my bank account 14 years ago, shop at Goodwill,
the poor want to look rich and the rich want to look poor
@motivationalchad..
12 күн бұрын
whyy
@Aston_martin69
11 күн бұрын
@@motivationalchad..boring more you get more you bore
@Aaron-bh5cp
11 күн бұрын
The rich tend to look rich too... Even Bezos, who he talks about in the video, has a car collection worth 8 digits and a yacht worth 9 digits.
if i saw my neighbor with a tesla cybertruck....i wouldn't buy a porsche....i would just laugh at them
Got a small 2 bedroom house, small car that's all paid off. My neighbours are all retired and have big cars. If i had an emergency, i have a fund in place to help myself solve the problem, without going into debt. My lifestyle is very frugal, i have a small online business alongside my day job and i literally never buy new clothes. I make big purchases with planning and comparing to prepare and make sure i need the product and that it's the cheapest way to get it. Dressing casually makes a big difference, i know if someone is interested in knowing me, it's me and not my perceived lifestyle they are into. 😊
The wealthy people aren't actively trying to look poor, they're just favoring pragmatism instead of buying into the overpriced luxury goods market. Calling this mindset "trying to look poor" doesn't really capture the same intent.
@tedpark6814
12 күн бұрын
Maybe the fancy clothes and cars don't really contribute that much to their personal living experience.
This is actually really informative, but I would like to add that the importance of looking poor is not just about achivecing financially fredom by also feeling a sense of contentment in oneself. A good video keep it up!!!
looking poor is without value. the real value is recognizing that the reason behind your and other peoples desire for expensive, expressive items is really a desire to broadcast certain emotions to strangers, or a way to compensate for the lack of more fundamental human needs, and then to have the emotional self control to deny yourself those urges, because they are symptoms of unresolved, negative emotions, and often identity disorders and other forms of mental illnesses which are very common in modern times. you get the most value for money by buying high quality basics with the most premium material and ideally a custom fit and predominantly neutral, colors. you should have different things for each occasion, but only the minimum amount for each occasion, and items that can fit as many occasions as possible. the less stylistic an item is, the higher its actual value, because those are the ones you will wear the most because ultimately, they are the most appropriate for the most amount of occasions and combinations, and because of that, you will always come back to them, and you will want to get the exactly same thing when its worn out, in contrast to highly stylized items, which you will wear infrequently,and which you will get bored or tired of because they are intrinsically impractical and go with almost no occasion or other items because of their highly stylized nature.
I can personal attest to this video being 100% accurate... the richest people i know A POOR PERSON would never know they are. And the poorest "rich" people i know trick every poor person into thinking they're rich. ALL HAT AND NO CATTLE.
@jamestrent-nw9zb
17 күн бұрын
ALL FUR COAT AND NO KNICKERS.
I never comment on videos but you’re a great speaker. Very well at articulating information. Almost like I’m listening to information therapy. Lol.
2:05 The icon for the Tesla cybertruck should have been a lemon - #LOL
Love your videos but have to disagree in here. I think not everyone is built the same way. Some people don't try to look wealthy when they dress nice, they just like to dress nice! Some people truly enjoy having a Porshe 911, or a nice house. Money is a tool, to ultimately get you happiness. My goal is to maximize the amount of happiness money can get me today, without putting my future me in risk (actually putting future me in a really good position). I think you can achieve all your financial goals without extreme frugality (looking poor), you just need to learn how be intentional with your money
@babibrain
21 күн бұрын
Yes. The more you look poor, the poorer you will become.
I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.
I felt trapped in my life at 34. Just keeping up with the bills and never able to do anything. So I sold my house and everything I owned in it. I had two cars and sold one and paid off the other (a 2014 Impala). I did this to re-start life. I invested all of the money from everything I sold and two years later I was able to double it! I lived on my mom’s couch for two years. I was able to retire at 36 yo and live off the interest of my money. I can’t tell you how freeing it is to not have a car payment!!!! I am now able to help my mom pay off her house for helping me out. I refuse to “look rich.”
For the rich, dressing poor is driven by comfort/ego - the savvy ones will park their $$$ in clothes/accessories that will hold/appreciate over time… i.e Patek/Chrome Hearts.
this is why i don't understand branded clothing, paying more to look rich ..i think it makes you look poor
This is how I want my parents and siblings to live. To live content with what they have and not just casually buy anything online that can cost much more. I personally live thrifty. My shoes are usually worth a dollar, clothes range from 10 cents to 2 dollars (converted from PHP to USD). I walk to where I'm going, and I wouldn't say I like buying online if I can buy it in my local area. My favorite game is when people ask me "How much?" and "Where did you buy it?" cuz they're always shocked about it (I know how to style and choose high-quality clothing at thrift stores). We grew up in poverty so I somehow understand why my family likes to spend lavishly on things we really can't afford before. Because they want to feel rich. On the other hand, I am contented with what I have and sell things that I don't need anymore. I don't really care how much I am wearing as long as I can save as much money for the future and afford to dine at any restaurant.
Mark Zuckerberg's tshirt costs $300 each
Frugality and minimalism has always been my go to philosophy on consumerism. Save your money spend it wisely and quietly. Live a simple life, that rat race of luxury and unaffordable goods is just inherently unsustainable and a waste time and effort.
@babibrain
21 күн бұрын
Yes. The ultimate goal is to have nothing = happiness. Likewise more things, more desire, more shits = more problems
Calvin, Luther, Zwingli, Knox preached this as the Protestant ethic 500 years ago. Weber documented it 120 years ago. Its is timeless and good advice.
Growing up poor always made me understand that it can always be worse than what I have now. Being poor made me confidant that I can cope without and am able to prioritise needs and wants.
A lot of middle class people that i know in my city are almost always on trend and buy a lot of things that are trending. While the rich people that i know who have big family business barely keep up with microtrends and instead go to slightly expensive restaurants on a regular basis. Most people are really loud on social media when they have new stuff. But i made a friend who's family business have been running for 3 generations and her iphone is not even iphone 13 or 14. People have been going into trips outside the country this year too, and buying higher end designers to appeal to social media. At the end of the day, most people who appear to be on trend are the ones who are keeping up with their expenses while still buying so many stuff for the sake of "retail therapy" While still paying check by check. Lesson learned, don't often buy stuff if you can't afford them twice their price. Consumerism can only get you so far because trends are becoming really short and you might as well get bored with your stuff when its no longer trendy. "Investment" pieces are no longer worth it these days. It has become to whether or not your stuff is practical, has actual purpose and serve its value. Looking rich wont solve your real problems and insecurities in the long run.
Thank you for sharing so sincerely!
Good evening , i am a french frugalist , definatly agree with you at 100% , this is the best way to be not see as a sad man 😊 , people don't like this , it protects yourself of home and car jacking 😊
@VincentChan
Ай бұрын
love it! are you based in france?
@frenchfruga4851
Ай бұрын
@@VincentChan yes ! south of France exactly , enter this town " Valence , south of France "
@frenchfruga4851
Ай бұрын
@@VincentChan yes ! Enter " Valence " south of France , this is where i live
Great video. Some comments are so daft. I wonder if it's on purpose. I agree with your assessment mostly because that's my life. The really wealthy neighbors are extremely quiet; meanwhile, the rich spend on McLarens and luxury fashion. The wealthy are living in paid off homes. It's an affluent community, too.
@babibrain
21 күн бұрын
Yes. The extreme rich be better be secretly rich to avoid unnecessary problems
Modern life has flushing toilets, electric lights, cooling and heating, food from all over the world, modern medicine, cellphones, videogames and the internet. Your standards of living are much higher than the most powerful people who lived only two centuries ago. Keep that in mind and forget the superfluous things that would only barely impress your family, friends and neighbours for a few days.
Vincent, I was thinking about how to reply to this video and something came to me. Not sure if, you have done a video on only this topic: In my 20's and 30's, my problem was not trying to have the same or better automobile as my co-worker, church member, or neighbor but, would try to buy the best automobile that, I could afford as opposed to the cheapest quality car for my basic needs. This was also true when it came to my choice of a single family 4-bedroom home (for just my wife and myself). Lucky for me this changed when, I turned age 40. Now in my early 60's, I retired last year. Live in "sunny" Southern California and now, I have a Net Worth of $1.4 million (half in the value of my home and, half in liquid assets) ... and Life is good (smile ...smile).
I AM poor 😂😭 but I don't like to show off anyway due to my shy and paranoid nature😳 sure, nice things are nice, but I could never waste money on "brand names" just for bragging rights!
@Duke_of_Prunes
Ай бұрын
Same with me. I don't enjoy drawing attention from strangers, especially not in New Orleans -- being flashy is dangerous in many neighborhoods.
i disagree that looking poor guarantees you lower prices. in certain stores they just know, that if you come in looking poor - you have money. especially jewellery stores. the best customers are guys walking in a t-shirt, sandals and messy haircuts.
I’m so glad I found this channel!
@VincentChan
Ай бұрын
that means a lot, thank you!
That’s just what they want to show to their employees. They do have expensive cars too. Looking poor will not help anyone get success. If you want to do good you should feel good too, and for that you should wear and think good too. It totally depends on any individual basis. No one formula can work for all. It’s always us who need to assess ourselves and find the best way we perform and grow. They also wear same clothes because they wants to stay less distracted and focus on what matters to them, but in my opinion we can do it either ways, all that we need is an urgent need to get successful, and fast pacing steps to reach our goal.
Insightful video, with an interesting title. While what you said about Jeff Bezos and billionaires is true, I suspect they have have different reason for "looking poor".
‘Retire at 35 without care in the world’. This is one of those points in the comparison chart that I think you could have avoided saying, makes those of us at 40 questioning our lives 😂
It's not about looking poor, it's about being honest
Hey man appreciate the video. Helping me keep on track with my wealth journey 🙏
I agree basically with this, until I've gotten police bullying
@VincentChan
Ай бұрын
omg what do you mean police bullying?
Thankfully the financial struggle of my parents encouraged me to learn and manage my income successfully. The years of struggle were extremely useful and worth it
So finally I am better at something without having to try hard!! Lol
After I got ill I got a good therapist from hospital. Finally someone that I can really talk to and don’t feel judged ❤❤😊 she’s so swet
I walk around looking like so much of a hobo that the hobos give me food and cash
the only thing i realized in this video is how different the word "poor" means in first world countries, if i tried to look poor in my country's definition i won't even be owning a car, and simply looking decent is enough to look rich
I love the box strategy! A great tool to help you focus on yourself.
poor mentality think about the price , rich mentality think about value
200k/ year is not enough in California
You really talk a lot about middle class and poor people for a video about rich people.
In the sea of financial advices videos, I found this one refreshing and interesting. Thanks, I definitely learned some things.
They were definitely right about the settings part. I am a middle class person but I have surrounded myself with people who are lower class as far as my job and community. In this way whenever I do compare myself it's in my benefit. I have a 2011 Toyota but most people around me take the bus. I was lucky enough to have inherited my dad's house when he passed, most people around me are renting. I was able to complete university, most people stopped after, or dropped out of, high school I live alone, my expenses are between my cat and myself, most people around me have at least 2 children. However, when I do need to go into the city, I see the cyber trucks and the 2024 vehicles I feel the sadness. Crazy how that works out.
if you find yourself wanting to buy something, ask yourself this: "do you want it or do you want other people to see that you have it?", if it's the latter then you're probably better off investing that money in something else, buy stocks or something
I don't need to look poor, I am poor
hi! does anyone know a good video on how to get out of the debt spiral?
TLDR: don't be what the french call "nouveau riche" (new rich) - people who just stumbled into money and only buy superficial luxuries with it (that are often gaudy and garish)...
Yes, but don't have to be forced, for fear of being labeled rich or fake rich. it's better when its organic. Some people naturally care about their overall image period.
And, I have the same wrangler jeans and George brand shirts from Walmart from pre-covid to 2021! 😝 Walking shoes are 2 years old . Wow, that’s new for me!
i don't just like poor but i'm very poor.😢 Sm1 pay my Tuition debt
Things lose their luster. Personal achievements last forever.
Healthy is important
Great channel… my motto “act your wage”.
@VincentChan
Ай бұрын
thanks so much!
I love you person right there. @vincent Chan Thanks a lot. Subscribed.
This is a culture in india and we practice it from generation...this is why west calling us poor 😊
I don’t think car is a good example. See for me, in my early 20s I lived with my family. A car was a way to keep my independence, see new places, understand responsibility and respect how I use my cash.
Never had that problem looking poor 😅
I really need this, thank you for tour content. I'm 100k in debt now, I hope I can survive.
Everybody who knows me at the beggining they think I'm rich but later they realize the harsh truth 😢😂
This has been very very insightful
I not just poor looking, I am literally poor😅
Interesting...🤔 Thank you for the information! Edit: I like to wear clothes for many years, because it's sedimental to me.
Best thing that ever happened to me was growing up with video games. Teaches you very early on that owning everything feels dull. The most fun you have is the journey not the reward. GTA online is brilliant for teaching this for a modern example. (Just for the record, given you are healthy I do believe money is the number 1 priority. Everything is improved from being rich including health) I read articles on CNBC about people on $200,000 per year who are constantly broke. Its depressing knowing that they are smart enough to get a high paying job but act like a dumb ass. They will spend 10k on food per month with 6 holidays per year on the credit card. I dont even earn the average wage here in the UK yet I will be richer than these people.
As a person of color I don't have this option if I want to be taken seriously...
I don't see the 5 questions quiz link!
hen I was 16, I used to dream about owning a Ford Mustang with a V8 engine. Now, I could afford to buy four of them, but I’m still driving my 2006 Honda Civic because I keep investing in Bitcoin. Besides, the Civic is ridiculously cheap to maintain-I can get a whole new engine for the price of a set of brakes on a new BMW. That leaves me with even more money to buy Bitcoin.
My wife and I started with nothing 14 years ago. We are now wealthy enough in our late 40s to retire with a comfortable life due to making smart investments to exponentially grow our wealth. The main issue with the public in general is that we as a society are brainwashed to not openly discuss about our personal finances and seek help. That is a huge mistake in general and people are usually very intimated by the process of learning about money. It is much easier to spend your paycheck for that quick high than to invest. You must teach the next generation delayed gratification at an early age. Saving alone won't get you there. Teach them to invest instead of spending. Planting seeds at an early age. Then you can retire early and enjoy the harvest.
My wife says I dont just look poor, but homeless... is that too far?
I drive a honda. but the problem is Honda's are perceived expensive and rich in India 😢
Unfortunately I get motion sickness when gas leaks from the car. So most of the old cars have that issue, so we need to buy a mazda cx50 for this.
Now you keep me awake with new questions: "Why accumulate wealth if I'll just die in the end? What's the point?" I think I'm gonna do a new episode about this 🤔
Look poor and actually rich ✅ Look rich and actually rich ✅ Look rich and actually poor ✖️ Look poor and actually poor 💀