Is it the best price for that item ? Do I really need that item is first question offcourse. What do you think of prepping for unforseen circumstances ? I heard that lots of people in US are preppers.
A couple of months ago I started cleaning out my basement. It blew my mind of how much stuff was actually piled up down there. It was so depressing to think of the money I could of put away. Now most of the items are going to family or donations. I have completely changed everything in my life when it comes to spending money. I learned a lot and will never waste a dollar ever again. I was always a simple person my life is super basic I don’t know how all that stuff got into my house. I can’t believe I did that! This video was so meant for me to watch! I ❤️it. I love the fact that ur such a deep thinker! Ur videos r number 1! Thank u 😊 👍👌
I went out with friends tonight for drinks and trivia. I ate some cheap Taco Bell before i left and set a spending limit on my drinks. I spent 3 hours with buddies and less than $30. Most of them spent a ton on food AND drinks. I think i came out better on the back end. Being out for 3 hours with buddies was way cheaper than therapy and more effective than paying a shrink!!
Thanks Austin! I have stopped spending money on manicures and hair coloring because it's never a one time cost. You have to keep going back for maintenance! The money and TIME you have to devote to maintaining the look is just not worth it for me.
I get color from Sally Beauty too and only do a little every few months. I got hair scissors for $40 several years ago and still cutting my own hair with them. Stopped doing nails entirely.
If you want to see "no shortage of crap", visit your local flea market. A lot of the vendors buy the contents of abandoned storage lockers and then sell the stuff as quickly and cheaply as they can, to make room for more. The stuff is displayed in big boxes and containers and piled in heaps on tarps on the ground. The fancier venders display a few items on folding tables. You can clearly see the excess shopping that people have done, and there is no shortage of the "stuff". This is also a great place to shop if you're on a tight budget. I buy beautiful name brand 100% cotton clothing for as little as 50 cents or a dollar because they're a few years out of style or need new buttons or other minor repairs. I recently bought a nice kitchen sink for $10 and a bundle of vintage oak floorboards for $5, enough to fill in a hole left in my floor when a vent was removed. This is also a great place to get perspective on how much your stuff is actually worth. Most people think that their stuff is worth way more than it is. The hot air fryer you just spent $60 on will be available at the flea market six months from now for $5.
We are buying a new mattress this week and we finally can afford to pay extra for better quality and hopefully never have a terrible bed again, lol. This is one item I think it is worth paying more for. And shoes, so your feet don’t hurt. This year I’m not buying any dumb crap for Christmas just to put in stockings and fill in gaps. I hate impractical gifts, but tend to stress out the week before Christmas. Silly.
@@thelmakatherine5396 We ended up having a great Christmas and my husband did not buy candy for the stockings! That was always his go to, but we don’t need the sugar, lol.
The question about whether something carries on costing you money . I have a pony who costs me a fortune but for me is worth every penny . It’s a good question and sometimes the answer is yes but still worth buying . It’s about what is important to you . Thank you , I love your channel . ( 64 year old woman from Derbyshire, England )
@@carolynstewart8465 I worked out yesterday that in the 15 years I have had said pony , she has cost me half the amount I paid for my house ! And she could live another 15 years . But I love her 😊
What a wonderful note to end on, about how we're all always learning and striving for balance. I'm a lot older than you are, and I still struggle to have a healthy relationship with money (I often tend toward the "toxic saving habits" you mentioned). But what I beat myself up about most is not the financial impact of any particular purchase, but how I've gotten this far through life without having this stuff all figured out yet. So I needed to hear that it's OK to still be a work in progress, because I always will be.
Thanks man. This is just what I needed. I just got a promotion and bout to go crazy with that increase of income. People have been warning me about lifestyle inflation though I'm not really sure what that actually means. I think this video just saved my life.
Oops, thumbs up first. BRB...... Great questions for cyber Monday. Your questions lead to my variation of your minimalism, which I call elegant minimalism, living elegantly within your means. Your right about getting value for your money, aka getting value for your time. I think it's possible living elegantly on a budget. More to follow. Best to you and all resisting cyber Monday temptations. If you do partake, spend wisely.
Vehicles are the biggest money pits. They constantly need maintenance. The only problem is without living on a bus line to work and everything you need to go to you have to have one. Using Uber to get around is more expensive and aggravating. Augustine, I hope that your holidays are filled with cheapness and that you find it within yourself not to splurge on gifts. Be safe.
Gracias por otro buen video, Augustin. You're so right! Practice makes the master, & adding good questions with intentionality are sure to help along the way, plus, your humor is an added bonus. Cheers!
Hola, Augustín! I really enjoy your videos, because they resonate with me in a positive way! The other thing I do is take a list of my needs (not wants), shop quickly, and leave! Impulse purchases make me crazy! And I do comparison shop! It's part of getting the most quality for the best price. Nuevamente, muchísimas gracias para toda!
I am quite sure your dad watches your videos 😂! That comment made me laugh out loud. I really try to stick to the one item in, one item out rule so that I don’t accumulate too much. So I always ask myself, what am I going to get rid of if I get this new item? Many times, I decide that I like what I have already. Thanks for another great video. Merci beaucoup de Montreal! ❤❤❤
I absolutely LOVE being frugal...but if I want to buy a $2.00 coffee at a corner quick shop (never would I buy a $5.00 coffee at Starbucks!) then I will. Of course, I'll keep the to go coffee cup to rinse out when I get home so the next time I'm out and want a $2.00 coffee it'll be a "refill" with that coffee cup and only cost me $1.25. I love your advice in this video...be frugal but don't be cheap!
New subscriber from 🇦🇺 Australia.😊 just want to say I love your videos! Can relate to them too as I’ve always valued my freedom more than owing “stuff”. If we want less, we don’t need so much money 💰 😊
i have been decluttering my garage and house the last 6 weekends and i can't believe how much i had and was not using and basically doing "without". i didn't like being home because my house was so cluttered. not being home is expensive. out of the house takes money to eat or entertain yourself shopping or going to the movies
My interview tomorrow influenced my decision to dye my hair today. I need new glasses (my puppy thinks they're her chew toy). I'm taking the job to pay for them and fill my bank account. Boats are like cars and houses. Less stuff would look great in my living room. I have a designer purse that I paid $35 for. It's well made. No one pays attention to the brand because the horseshoe on it is smaller than brand new ones. I pay attention because it's made very well.
I’m 37 as of March 1st, 2023 I’ve had so many struggles with my mental health and money. At about age 35 I realized not only did I as well as others earned our Income but money isn’t EVIL 👿. I felt guilty I made it home While other service members RIP our heroes that didn’t make it to there loved ones. I want to make them proud I’m reviewing and learning Yet again to make good financial decisions. I salute 🫡 🇺🇸 All those who didn’t make it. PS. Sorry for the rant. I needed it.
Don't forget to reward yourself when you reach your goals. I decided not to eat out during the week after tracking my expenditures the first quarter of the year. It has been much easier to do than I anticipated. I feel empowered now. For my reward, I found a striking piece of art for my wall in my home office. I can afford it. Yay!!!!
Another great informative video Chico guapo It all comes down to, do I want it or do I need it? 90% of shopping influence is made out of want, not need. That’s why we accumulate so much crap then have yard sales or charity donations Saludos 👌🏻😀
"4. "What are the costs of this outside of money?" Money isn't the only cost of buying something. When you buy something, there is also the clutter, upkeep, and stress of the item. It is important to consider these other costs and make sure you are willing to take those costs as well as the financial costs. " This one really is hitting home as of late with many of the hundred plus dollars headphone i have brought over the years starting to show wear and tear where i have to start seeing about maintenance costs such as replacing the peeling ear pads. Its like my brother inlaw was telling me that even if i buy two of something with one being a backup there is still the wear and tear of time on certain parts of the item where things like weather and room temperature can cause issues even with the item just sitting there from ear pads peeling to computer caps bursting on the motherboard. Time degrades everything. Might settle for some wired ear buds in the future ha ha. On buying influences. Definitely have to be careful of that even with friends who are themselves being influenced that suggest i buy so and so which ninety perscent of the time ends up being something not really of my liking and a waste of money. Last thing i should be doing is following purchasing advice from friends who may have impulse issues and lousy decision making on what makes a good product to spend money on. Thanks Austin Williams for the great advice and help during these times of inflation and the craziness i just heard about recently of the central banks losing money which has never happened before in the good old USA. Happy frugal holidays with many a delicious cup of coffee! ☕
It's true. As you get older, you start to prioritize your spending toward your health, savings, retirement, and other things that come with aging. At least I hope. I do have a healthy (or unhealthy to most) video game obsession since the the 80s, but it's just stuff and I try not to let it get to me. I have cut down on spending tremendously the last bits of the 2010s and now have a fairly decent nest egg. It's good to set goals of where you want to be, or do in X amount of years. Helps keep you in track and avoid the "now" spending instead of thinking about the future you.
Thank you so much for your videos Agustin!! You are so wise and such great help when it comes to saving money and life itself. You are awesome!! I’m from Peru you speak good Spanish!! Thank you!!!
I had no regrets buying it tbh - in my case it was cause at my work nobody else drink coffee and there is no furnace for moka pot at the kitchen, the alternative was a french press but aeropress is way faster , also its very easy to clean and can be use outside easy ..get the metal filter if you go for one, the paper ones are kind of pointless, although new one comes with a free bunch.
My first point of call is gumtree second hand site for most needs. I got a great barely used leather couch or a fraction of the retaIl price.The op shops have great clothes … and recycling also helps the planet. Your tips are spot on….but I do lash out on my pets..they bring me so much joy….🐶🐹.
It is not my idea,but it's a game changer for people who love eating out like I do. Check how to prepare your favourite meals and learn it. Try it. It is so simple and much much cheaper.
How much money I will lose by not having this amount working for me at the bank? This was another awesome video with tips for a healthy financial life.I Just Love It!!!
Sometimes its part with money in order to make money. That's we're I am. I want some independent income even if I am still working. If I am going to do it, I am going to have to invest some money to learn skills, buy tools etc in order to be competent. Im in that lifes good enough but it can be a lot better with the risk taking of making it worse.
I also ask myself this: can i resell the item when i get fed up with it or dispose of it ecologically? If the answer is no, then i dont buy. That is why i buy Ik*a furniture almost eclusively. New or used, it has great resale value ;).
lol, don't we all. In response to a previous comment, there are many bots that come on my channel that impersonate me. I do my best to remove them, but there is little I can do because I can ban them, but they keep making new accounts.
That’s why i’m not sold on the idea of getting a big house. Of course if you have kids or are already rich, maybe it’s a nice thing to have. But otherwise the rates, taxes, maintenance are so much that i think it’s better just to have a small place and then invest elsewhere. In my state of Australia, the taxes (stamp duty) when you sell are almost 6%! Add on the commission and marketing fees from the real estate agent, and that’s thousands more. We just had an election and yet this wasn’t even an issue
Well I have to try again this month to get it going 😂 Im now debating if i should cash it out in bills so i can see it in my hands every new month growing or send it to my hardworking brothers account who will keep it for me in check 😂
Paradoxically it takes years of working hard at a job to make any substantial amount of passive income though the stock market. It's not a get rich quick sceme. And alot of people would make alot more money if they just got a second part time job and worked a couple shifts a week rather than some stupid side hustle online thing where they make 100 dollars a month. And Renting out houses is risky and is not passive income at all. On certain days you will have enough phone calls to make your head spin with responsibilities for all the rentals. 🤯
I don't know if you're being robbed or just scammed but never in other country you would being paying that much to replace the engine of your car, I replaced mine a year ago and we didn't pay more than 1500€
So nice. In the beginning of 2022, I also spent a lot of money on unnecessary things. When I watched your videos and other videos regarding minimalism influenced me. Now I am also following this way of life. Thanks.... Can you check your mail please...
Hola Agustin! Vivo en Punta Cana, en la República Dominicana. Enseño inglés a adultos y jóvenes. Si te interesa venir a visitarnos, solo dime y te esperamos por aquí. He aprendido mucho contigo. Un placer!
I bet your mom must be very proud of you. While video is good. But last couple of minutes are excellent. That you try to find a balance but you never find it. So I would say you work around it. Truth lies somewhere there. Also I have been thinking and practices just like you're. I am in this journey for six years. Jesus Christ has changed me tremendously including in the areas that you're talking about.
I love to spend money but you better believe it won’t interfere with my ( kiss my ass money) ! Kiss my ass money is set in place! 🦅🦅🦅 stay free! And merry Christmas my money friends!
@@ElAgustin I showed the video to my children and wife and made them write down the 10 questions. My wife refused to write them down. If my wife can't or doesn't want to change, hopefully my children don't grow up with bad habits of this consuming / materialist society
Abd then he said he was joking. Also, even if he were spending money on uver eats, it's his money. I could be judgemental about people spending money on cars. But I usually won't. I bought a new suit this year. It wasn't particularly cheap. But I'll probably be buried in it. Hopefully that won't be soon, lol.
@@johnclaybaugh9536 i bought a new suit 2 years ago and it’s my jury trial suit. I had a bday gift card and also bday cash to use on the new polka dot dress suit. I’m a lawyer and have yet to wear it for a jury trial…we always end up settling!!
