10 Thing I Don’t Waste Money On (Financial Minimalism)

Подписаться 51 тыс.

Просмотров 17 тыс.

50% 1

I'll share with you some ways I practice financial minimalism. Through this video, you'll learn about the ten items or areas where I choose to be intentional with my spending and how these choices have helped me save money, reduce clutter, and focus on what truly matters in my life. Whether you're interested in pursuing a more minimalist lifestyle or simply looking for practical tips to save money, this video will surely provide you with some valuable insights and inspiration.
🏡 My All-in-One Property Deal Analyser
wtfpropertyinvesting.com/prop...
----
🤑 The Finance Apps I Use:
Get 12,000 free points with a no monthly fee American Express Rewards Credit Card
go.mattbrighton.co.uk/america...
Vanguard
www.vanguardinvestor.co.uk/
---
🧠 MY FREE COURSES
🏡 £0 - £100K - My Journey of Building a Property Business - go.mattbrighton.co.uk/0to100k
👨‍💻 How to Freelance on Fiverr - skl.sh/32qhXzb
🔎 SEO Rank Higher in Google - skl.sh/3j3gELP
---
MY GEAR
4K Camera - go.mattbrighton.co.uk/camera
Lens - go.mattbrighton.co.uk/lens
Shotgun Mic - go.mattbrighton.co.uk/mic
Audio Recorder - go.mattbrighton.co.uk/audiore...
Lighting - go.mattbrighton.co.uk/lighting
Tripod - go.mattbrighton.co.uk/tripod
Mic Boom Arm - go.mattbrighton.co.uk/micstand
Podcast Mic - go.mattbrighton.co.uk/podcastmic
Podcast Mic Stand - go.mattbrighton.co.uk/podcast...
USB Audio Interface - go.mattbrighton.co.uk/audioin...
Monitor Desk Arm - go.mattbrighton.co.uk/monitor...
Macbook Pro - go.mattbrighton.co.uk/macbookpro
Sony Headphones - go.mattbrighton.co.uk/headphones
1TB External SSD - go.mattbrighton.co.uk/ssd
Wireless Mouse - go.mattbrighton.co.uk/mouse
Wireless Keyboard - go.mattbrighton.co.uk/keyboard
MY SOFTWARE
📽️ RU-vid SEO - www.tubebuddy.com/mattbrighton
🎵 Background Music - mattbrighton.co.uk/epidemicsound
💻 Webhost - wtfpropertyinvesting.com/wpxh...
🖌️ Website Builder - go.mattbrighton.co.uk/elementor
🎨 Graphics & Visuals - wtfpropertyinvesting.com/canva
📚 Free Audible Book - go.mattbrighton.co.uk/audible
📨 Email List Builder - go.mattbrighton.co.uk/convertkit
STAY CONNECTED
☕ Buy me a coffee - www.buymeacoffee.com/mattbrig...
💌 Sign up to my email newsletter - wtfpropertyinvesting.com
🌍 My website / blog - propertyinvesting.io
📸 Instagram - / mattbrighton_
🐦 Twitter - / mattbrighton_
📘 Facebook - / wtfpropertyinvesting
WHO AM I:
I'm Matt, a senior product manager and property investor working Remotely for a VC-backed tech startup. I make videos about money, investing, tech and productively building a business.
GET IN TOUCH / BUSINESS:
If you’d like to talk, I’d love to hear from you. DM @mattbrighton_ on Instagram and I'll happily get back to you!
PS: Some of the links in this description are affiliate links that I get a small 'thank you' from, to help fund this channel. It also means you can get awesome deals with my affiliate partners! 😁
Timestamps
00:00 Intro
00:16 #1 Chasing Tech Upgrades
01:41 #2 Expensive PCP Finance Cards
03:06 #3 Commuting To Work (To Get Paid)
04:32 #4 Clothing & Fast Fashion
05:32 #5 Bad Habits
06:18 #6 High-Interest Credit
07:30 #7 Playing the Lottery
08:21 #8 Paying For Simple Repairs
09:34 #9 Impulse Purchasing
11:00 #10 Buying Bottled Water
11:58 Summary

Опубликовано:

1 июл 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 61

@jimsully9851 Год назад

Great content as ever. I apply a lot of this advice to my life already but it’s scary to think how much pressure people put on themselves. Hopefully some watching this take some inspiration.

@MA89. Год назад

Great video as always. Agree with all Of this, it’s important however to stand back and enjoy your life in moderation, have your ‘thing’ and enjoy it, the challenge is people want more more more of everything.

@iKerby Год назад

Surprised delivered food isn’t on the list - it’s definitely my personal vice, have wasted over ten thousand pounds on it since Covid began.

@MattBrighton Год назад

Missed a good one there!

@ronanhunt88 Год назад

Yup I’m pretty good for the ones in the video but takeaways and bought lunches are my personal vice! Definitely gonna work on killing off commuting fully. Work remote mostly but have to go to London once a month.

@pprreejj Год назад

Is that for one person or a family?

@barnoluk9272 Год назад

Amen dude

@dssd89 Год назад

@@pprreejj hopefully it is for an entire army

@TheNomadicTrader Год назад

I find myself liking the video once it loads, you've got a great channel here Matt

@shaunmoorefinance Год назад

Great video Matt. Usual consistently good quality.

@SuzJim99 Год назад

Excellent video - this reaffirms so much of my own thoughts on how people 'typically' live and how I live myself. Point in case - so many people I know fall foul of lifestyle creep, and its exactly as you describe - new house + new car (usually is a range rover!!). One interesting point for 3. Getting to work; I weigh this up on the season. During November - April I go in to work more to take advantage of the free food and drinks, as well as being able to knock the heating off at home. This does work out a little cheaper for me and my travel distances.

@adamski6312 Год назад

I dread to think how much money I spent on drink, drugs, clothes, taxis, partying etc in my 20s 😂…. Good times though. Although now in my 40s I am taking life a lot more seriously, but feel I’ve lost the balance. All of my money goes on my kids and my house.. no nice clothes or fancy cars for me!

@moneyAndSavings Год назад

Great video. Thanks.

@mjfaderway Год назад

Hey Matt great stuff wish i had friends like you I feel like your twin in mind not looks I feel I could go a lot further in saving growing my wealth having someone like you around feel a bit stuck at times not sure if I'm making the right decisions but your videos do help let me know I am Keep up the videos Many thanks Matt

@matthewgarnett8090 Год назад

9. Impulse purchasing. My girlfriend loves to spend and tik tok got into her head that she needed a home coffee machine. Told her to wait a few weeks and revisit the idea. She realised she didn’t need to buy a coffee machine for home and admitted to it being a potential impulse purchase. Just last week turns out her work had excess stock on coffee machines so she got one for free! A happy girlfriend who has just saved herself £40+

@bluebrakes Год назад

Thing is with cars, it’s very easy to think when buying a car, that the finance is £600 a month. but then don’t take into account fuel, insurance, servicing, breakdown insurance, etc. so it can be more like £800-£900 once factored these in.

@musheopeaus4125 Год назад

No problem for benefit rinsers . All paid for

@C63Bez Год назад

I had an AMG which I paid HP rather than lease and it actually increased in value. I owned for 2 years and only drove 6k miles

@THEG12EG Год назад

I agree on some of these things but likewise if it makes you happy having the car you wanted then YOLO

@ajames1542 2 месяца назад

Financed car in front of a new build watching love island line killed me looool

@nintendokings Год назад

Great tips! I just got a refurbished iPhone 12 Pro for £400. Went from 4S to 8 to now 12Pro. This should keep me going another 4 years till I get a 16 🤷‍♂️

@andrewl8199 Год назад

I would agree with most of your entries however, water out the tap is not the same as bottled water 💦. Bottle water is not loaded with fluoride which is bad for you. I will take heed to your list. Thanks 🙏

@konniwalker Год назад

"Champagne life style with lemonade budget", I will be borrowing this to inflict a painful epiphany on some of my friends :)

@GM-kt8rh Год назад

Like everything in life people struggle to balance things, life needs to be enjoyed, don't blow every penny but don't save or invest it all either, nothing more sad than seeing that really old guy struggling to get out of his sports car he finally treated himself too but his best years have gone. I'd rather see the younger enjoying the house and new car while they can, money can't buy you time.

@GM-kt8rh Год назад

Don't anyone reply to the above WhatsApp con! Obvious I know but someone might do.

@theagnesb Год назад

Great video, never smoked, don't drink, don't commute to work, it's saved me tons of money, I've bought a new place recently, doing everything myself, I've learned a lot of new skills and it can be daunting in the beginning, but at the end of the day it feels really good to have done something by yourself, I will however stop at plumbing and electrics 😂 I'll just hire someone to do that

@ytEnhanced Год назад

Amazing Video once again! But quick question: Whats your end goal? (Do you intend to keep buying more property or will you try and delve into entrepreneurship? )

@MattBrighton Год назад

Would like to go full time in future. Student property for cash flow and luxury home developments for true passion

@golfboy476 Год назад

Car modifications should be there because I was a victim of that😅

@lavayuki 17 дней назад

i drive a 10 year old toyota yaris which was my first car and am still using it. i could easily buy a lux car and all my colleagues drive BMWs and Mercs, but I just don't see a point. I have to commute though, my job is all people facing and on site, impossible to do at home. luckily my workplace is a 10 min drive, so its not an issue

@NotoriousPyro Год назад

I have a Samsung Note 8 and have had it since late 2017. I have 5 replacement batteries for it which cost me about a tenner, but the original is still in the phone. I also use 1p mobile and my top ups are like £10 every 4 months (as I don't really use it that much so it's the minimum of £2.50 per month they charge). I have no intentions of replacing this phone any time soon :). I bought my car outright with profits during the last bullrun, my insurance costs about £1-5 per month (ByMiles insurer) as I don't drive much, and since it is a hybrid I don't use much petrol either. My car is parked in a driveway which keeps it away from the weather also. I wear clothes until they literally are falling apart. I don't smoke. My mortgage is fixed at 2.99% until Nov 2026. I use my 0% promo credit card. I also have 0% government loans for solar panels. I don't gamble. I don't buy anything unless I really need it. I also live in Glasgow which has soft water, no need for bottled water :).

@Smithb83 11 месяцев назад

Watching this on my 5 year old note 8, all same parts from day 1 😂 bought used and paid off at 0%. It's cracked but I'm not bothered I do lots of DIY and the pen function is really handy

@marwood9421 Год назад

There is value to be extracted from everything you spend money on. You can buy a cheap house and be neighbours with a council house, or you can buy expensive house in a nice area with a CEO as a neighbour. You can buy a toyota and blend in with the masses, or you can buy an AMG, M or an RS car and network with well off individuals who share the same passion. I can speak from experience. These are only 2 examples. Being cheap has an opportunity cost that you can’t see or measure.

@Edithae Год назад

A CEO can be a nightmare neighbour, and a Council House Tenant can be an ideal neighbour. Wealth does not automatically equate to being a good person.

@FixItWithJon Год назад

Excellent video Matt. Additional thoughts: 1. 80% of vapers go on to smoke actual cigarettes - the whole industry is a total lie. 2. IMHO 0% credit cards are a gateway to getting hooked on credit when the 0% runs out. Most people don't have the discipline necessary to use them correctly & the credit card companies know this, which is why they offer them in the first place.

@RajR96 Год назад

5:00 Steve Harvey reference!

@TommyT_ Год назад

Did you really recommend a stocks and shares isa

@morganei6060 Год назад

I used to work in London and commute from the suburbs and my monthly train ticket was £450. I lived with my parents to save money but how much am I really saving 😩 astronomical train fares!

@stevefaust3532 Год назад

As a heads up with phone contracts, take EE for example; standard iPhone 14 with 5GB data. £52 a month and £70 upfront. £52 x 24 = £1248 + £70 = £1318 over the life of the contract To buy outright direct from Apple - £849. Difference - £469, it's far far more expensive to get an iPhone on contract than it is to buy outright. It's also why I'm sticking to my 12 Pro-Max.

@ChaosNebulai Год назад

Guilty of smoking, a certain herb also increases the costs very very fast 😬

@ilikelampshades6 Год назад

I spend £5000 a year on commuting to work just on diesel. £1000 a year car insurance and £700 ish for car servicing. I think my employer should be paying for that.

@midastheunwise2423 Год назад

If this was a thing that companies did, all that would happen is that they would never hire anyone who didn't live very close to the workplace, which would mean people would have to relocate for jobs a lot more. It sucks but the alternative is worse.

@ilikelampshades6 Год назад

@Midas the Unwise Of course, youre right. Payrises are the only answer then. I need to earn £10,000 to get £5000 after deductions. How crazy is that. So my travel costs including my payments for my car eats up over £20,000 of my salary

@rhinoboy6603 Год назад

If you want to play the lottery without wasting money buy premium bonds

@projectverna1937 Год назад

If I didn’t buy bottled water, I’d buy a coke. When you’re out of the house you want to treat yourself and fit in with your friends. I’m tired of always being told bottled water is a waste of money

@wayoflifefitness5622 Год назад

Paid someone £100 to clear my gutters and now I feel really bad for doing it

@SanjaySharma-qv3un Год назад

Been struck by lightening twice Never won the lottery😂

@VegasMilgauss Год назад

That Oscar stat seems wrong.

@TheWhooah Год назад

Yes would only work if applied to actors only

@dssd89 Год назад

This is me..

@mikael807 Год назад

Well the message is good for awareness. But I’m sceptical to address this as a lifestyle. If millions are doing this the world would go bankrupt. A middle way is fine for many. If you save too much and can never see the fruits of your investment if you suddenly get cancer, die by an accident or get badly injured and depend on help 24/7 for the rest of your life. it’s sad to see that the small joy of life, the moments are slipping away though your life and end up as Ebeneezer Scrooge “don’t need Christmas, humbug”. Awareness is good of tracking the money and flow and redirect a chunk to investments, perhaps? 🙂

@jimsully9851 Год назад

This is true, but in the good times most people can get by on living on credit etc. but when a recession comes and people lose jobs, that’s when being a bit careful pays off. He is not saying do all of this, just pointing out ways one could manage their finances better and create a safety net. I do agree with your point though, the world (in the west anyway) revolves around frivolous consumer spending.

@imonlyonesam Год назад

Sorry but I’ve definitely noticed you wear basically the same things every video with the triple C logo. Although I’ve mostly thought “Oh I like those clothes” so it’s not really a bad thing…

@Mogamishu Год назад

You forgot number 11: girlfriends, dating and relationships. There are financial benefits to being a single guy. No girlfriend means no money spent on dating activities.

@leahmcdermott4189 Год назад

No girlfriend/wife means lonely for the rest of your life 😂. Just find someone that is like minded and financially savvy like you. Me and my bf work perfectly because we both have the same goals and want to be financially independent, so we’re careful with money. We go on dates out twice a month and whilst he does usually pay (chivalry is not dead 🤪), sometimes I do and it’s usually always affordable. We find cheaper places or go during lunch time specials/discounts. We barely drink and don’t smoke at all. We make it work because we both wanna be net worth millionaires by 50. Just gotta find your person that matches you 💕

@Jaaammmbbbooo Год назад

Basically all of this. I'm 32 own two properties on mortgages and a family etc all because we live frugally. My advice to everyone, even those with more expendable cash...stop giving your money to big corporations.

@bobjames6622 Год назад

And if you want to avoid the MOST costly thing of all....do NOT get married, and do NOT move a woman into your home. Everything else pales by comparison to that particular money pit! LOL!