@GabeBult Just Subscribed. Definitely appreciate the knowledge/value you dropped for us in this one! Going back to check out some of your past videos. Definitely appreciate it! Josh
Hi Gabe, Great video. Besides these, I think there are two concepts that are repeated in all books that speak about improving your finances. 1. Developing good habits: Developing the right habits and sticking to them. This is outlined in Atomic habits, The compound effect, 5 a.m club and other books. 2. Developing Gratefulness: Generosity and gratefulness will move your mindset into a state of abundance rather than focusing on what you dont have. Also the more you give, more you get back in return.
I read Atomic habits during christmas. Excellent book. Help me very much. I'm person without any discipline, i lack motivation, but with proper habits i can do much more.
I'm practicing that stealth wealth. People at work think I'm cheap lol but I'm like the only one not worried about getting furloughed or laid-off. We've been having these things at my company all year. My coworkers are into spending more the more they earn. Or they just have no knowledge of personal finance. 🤷🏻♀️
It gives you a better edge at work. You don't hate being there, and you can stand by your decisions if you don't fear getting fired. Build a 6 month emergency fund and have some investments and you are a free person 😊
@lunalove2259 Exactly! My husband and I got a fully funded emergency fund. Enough that even if we both lost our jobs for any reason, we would be okay for a while. We're growing our wealth with investments too.
He who has been given much is responsible for more and the one who has been given little is responsible for less. I'd like to hear more on this topic of applying this financially. We live in a super productive world and not everyone is valued the same, i think there is a difference with equality and value as an employee.
This is amazing. Thank you Gabe and to be honest there are no words to truly express how well you teach us. Just know you are also adding value to our lives as well as good humour 😊
Gabe I am rich beyond measure. And becoming more wealthy each day. Patience is key, stick with the process and see it through to the end even if that takes 30 years. Most people who get rich quick also get poor quick too, so slow down you have a life time to get “rich”.
Wow. Very informative. I’ve watched a lot of videos here in RU-vid and this would be one of my top favorites. I’ve learned so much about money in just a short time. Thank you.
Whenever I see videos speaking about money. I always wish people knew what I knew about money and how it’s not so difficult to hit your financial target if you know the right steps to take. Honestly, I see Not making upto a million before retirement as an unfulfilled retirement. I’m 54 and my wife is 50 . We are both retired with over $3million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on the FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early. Even till now, we earn weekly.
I think she trades for everyone I meet. I met her twice at a meeting in Germany and after her lectures from Ella I had to personally ask her to be my financial advisor. she is definitely good
With her assistance, i was able to diversify my 4k$ portfolio across multiple markets, earning over 9k$ in net profits from high end dividend yielding stocks, ETFs, and bonds in just a few months.
I feel this is quite an easy one. You already have her name which makes it easy for you. Just look up her name online. I’m sure you will come across her. That’s how I found her too.
Gabe coming in with some business advice snuck in there haha I like it. Happy to see it seems like you're getting more into being intentional rather than just being a super frugal minimalist
So blessed to have found this channel. You are a bright light in my otherwise dark and depressing life. I don’t know what I would do without this video. 😂 why are all RU-vid comments like this? So many sad and pathetic people out there.
Yay 🎉Gabe ! My husband and I have learned so much from you . I’ve read so many money books and got out of credit card debt and we brought 2 investment homes !!!!! Slowly but surely we are getting out of the Rat Race .
Hey Gabe! Thanks for a great video!! Love what you said about providing value 🙏🔥 Took me SO LONG to understand the very basics of how money making works 😄💰
I just found your channel and have been watching all of your videos. Great presentation, useful info in a relaxed way. Always something that leaves you thinking.
Hey, man. I’ve been a subscriber for a while now, love your videos. I’ve been following a lot your ideas. My problem now is trying to start a business with less competition to have another stream of income. It’s just difficult to come up with authentic business ideas. A lot of my ideas come from either RU-vid or Reddit & most of them have multiple people also trying to accomplish the same goals.
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH.... stock,silver and gold)
Good Morning Mr.Gabe I would like to know will you be sharing your Minimalist course in the near future? I would love to take the course. It is now showing it's unavailable. If there's another way to access the course, would you please let me know. Thank you
You only double the penny the first day. The next day you double 2 pennies, next day 4 pennies and so on. If you doubled a penny every day for 30 days, you would have 60 cents.
If you take a penny and double it every time for 60 days, you'll have more money than has ever existed in the history of the world. I think I spot the flaw in this one. It's the same story as the rice and the chessboard. Put a grain of rice on the first square, two on the second, four on the third, and pretty soon, you need more rice than exists in the whole world.
Great info except for the part where you try to protect us from spammers who use our personal information to try and sell us stuff by trying to sell us stuff. 🤔
Great video as always Gabe. I still think once you get enough subs to get that Tesla, you will decide not to, I can imagine you hyperventilating having spent that much money ;)
Well if you are able to get it cheap or free there's no loss really, if anyone deserves to treat thierself its you and the family. Much love from UK@@GabeBult
You’re talking about what to do yet the video title is past tense, ‘habits that changed’. So have these changes actually changed your finances and by how much?
I actually just finished listening to The Millionaire Fastlane on Audible. He brought up some good points like asking if you've ever heard of someone getting rich off of their 401k...that's life in the slow lane. I'll check out the book you've mentioned, The Almanack of Naval Ravikant. I've never heard of it before watching your video. Thank you for providing those 12 rules!
Just subscribed after watching this. But I keep wondering, how all this might be inspiring and look good on paper. But for someone in Africa, where attaining even 500 dollars a month after graduating can be hard. What advise would you give me, so that I can grow, Or areas where I can invest little money and still be hopeful for growth.
My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
....*Great video! i really have a question For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am at studying some traders and copying their strategy rather than investing myself and losing money emotionally what's your take on this approach?*
Man am new to your channel and what annoyed me is that *I cant find the super thanks button* 😂 !! Can you please activate it? 🤣 Worth the support 👍🏻 thank you for the content, keep it up 🚀 I like the fact that it feels genuine and relatable 💙 wish you all the best and good luck with your 1m subs
Dude be careful you have a touch of cabin fever. Most of this info is very sound but you need to breathe and talk to friends about the things that don't matter. Peace and be well.
Crypto is bringing a different revolution in the world economy. People who are optimistic investors earn consistently.... others will just sit and watch. Already making over $56,000 profits and hopefully more in next year bull run
Gabe, I've been following your channel for a about a year, and I have to say that I'm noticing the improvement in your cinematography, your lighting correction, your transitions and overlays, and the overall flow of your videos. I remember the first couple episodes of your FI brothers podcast were you were talking about possibly upgrading your camera at the time, and it's been pretty cool to see that transition over time. Not only am I learning a lot about essentialism, financial minimalism, and financial independence, but I'm also taking inspiration from the video side of things for my own RU-vid channel! Keep up the hustle. You've definitely impacted my life in a positive way
GREAT VIDEO! My first $1 million was the hardest, easy after that. 1. pay yourself first, 2. live below you means, 3. index the S&P 500. Simple as that...Occam's razor. My best to all who find this!❤
