How I manage my personal finances as a minimalist.

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Everything you’ve been told about money is wrong: • Everything you’ve been...
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30 июн 2024

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Комментарии : 1,7 тыс.

@Essien-ij 4 часа назад

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

@adekunlejoseph6139 4 часа назад

Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

@Essien-ij 4 часа назад

@@adekunlejoseph6139 However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments

@adekunlejoseph6139 4 часа назад

@@Essien-ij Oh please I’d love that. Thanks!

@Essien-ij 4 часа назад

@@adekunlejoseph6139 Judith Ann peace is her name

@Essien-ij 4 часа назад

Lookup with her name on the webpage.

@samwitcombe3387 4 года назад

I'm also a minimalist with my finaces; I have a minimal amount.

@leratolove8846 4 года назад

Underrated comment 🤣🤣🤣

@jastingill677 4 года назад

You got me in the first part😂

@nocode_nick 4 года назад

This hits me in my heart haha

@rojodivagante 3 года назад

This comment is too real for me

@gemnilocs 3 года назад

Lol!😂

@bobbymainz1160 Год назад

Protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over.

@ArthurLedgeeer Год назад

Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $200k portfolio is down by approximately 20 %, any recommendations to scale up my returns on investment

@RebeccaBellick Год назад

Nobody knows anything You need to create your own process, manage risk and stick to the plan, through thick or thin While also continuously learning from mistakes and improving.

@JaykeTurner Год назад

Exactly why i enjoy market decisions being guided by a pro , seeing that their entire skillset is built around going long and short at the same time both employing risk management and market experience , been using a portfolio-coach for over 2years+ and I've netted over $3million in that time frame.

@AngelsEyes-ny1pc Год назад

@@JaykeTurner Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my stock portfolio and plan my retirement

@JaykeTurner Год назад

@@AngelsEyes-ny1pc The adviser I'm in touch with is 'Heather Ann Christensen, he works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else. for me his strategy works hence my result. he provides entry and exit point for the securities I focus on.

@gregoriobk 4 года назад

Take it from Jay-Z, “if you can’t buy it twice, you can’t afford it”

@MisterPol 4 года назад

Love that quote 🙌🏼

@sunrae7680 4 года назад

Yes, yes and yes.

@suyashgoswami1775 3 года назад

This is the best thing I’ve read in days !! 🙌🏻🙌🏻

@b4rs629 3 года назад

I guess I'll kiss goodbye to ever owning a home lol.

@toria.rey. 3 года назад

@@b4rs629 I believe in you, we can do it lol

@Luckykuku 4 года назад

"Don't let the fear of doing the WRONG thing, prevent you from doing ANYTHING" if that doesn't sum up perfectionist procrastination mindset idk what does Edit: Didn't realize how many people relate with this. Something that helps is knowing nothing is perfect, perfect is subjective to the individual, you're competing with your own standards. So just start, fail, learn, that's what perfection really is. Not nailing it in one shot.

@savanahrock 4 года назад

Analysis Paralysis for REAL!

@offbeatkiki 4 года назад

I suffer from this SO MUCH!

@justalostlocal 4 года назад

Same. Oh boi this combined with imposter syndrome always cripples me. Constantly doubting yourself + I'm not enough is exhausting.

@ron.hubbard 4 года назад

Sounds about right. *sigh

@davidgarrow8955 4 года назад

this quote hit me hard

@videodude5337 4 года назад

While I am adding water to my shampoo...

@Bertiiiiii 4 года назад

videodude well at least that’s good for your hair since shampoos are to concentrated anyways 😅

@pingperceptions 4 года назад

hahahahahahah

@user-lz1yb6qk3f 4 года назад

Where you live?

@videodude5337 4 года назад

Райан Купер why should I tell you?

@arely.morales 4 года назад

😂

@susannnico Год назад

Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realize that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life

@susannnico Год назад

Very true, I started investing before the pandemic and that same year I pulled a profit of about $750k with no prior investing experience, basically all I was doing was seeking guidance from *ROCHELLE DUNGCA-SCHREIBER* who's a guru in the game, you can be passively involved with the aid of a professional.

@champhallier8468 Месяц назад

I've just completed the sale of a property located in Portland and I'm considering reallocating the resulting funds into the stock market. Despite prevailing sentiments regarding its readiness, I'm unsure about the timing of stock purchases. How long until we witness a full market recovery? Furthermore, I'm puzzled by the methods allowing others in the same market to achieve gains surpassing $200k within months.

@EmilyMartinez. Месяц назад

The present market conditions could offer chances to enhance earnings quickly, yet to implement such a plan, expertise is essential.

@JessicaThompson. Месяц назад

Undeniably factual. Despite my absence of prior investing acumen, I ventured into investments pre-pandemic and managed to amass a profit of about $450k within that year. Essentially, I solely relied on professional counsel.

@tunnelvision3246 Месяц назад

Lately, I've been researching advisors, but the market updates I've encountered haven't been very positive. Who's your guide?

@JessicaThompson. Месяц назад

'Laurelyn Gross Pohlmeier' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@EthanBrown_23 Месяц назад

I searched for her complete name on the internet and located her page. I then sent an email and scheduled a meeting to converse with her; now, I'm awaiting her response.

@elijahorr 4 года назад

I can already see Graham Stephan licking his chops after seeing the video title

@yeetfrancis7783 4 года назад

I just thought the same thing😂

@ofircohen1675 4 года назад

Haha they both so great RU-vidrs!!!

@gamingwithsupercasual3793 4 года назад

That coffee comment on the chase sapphire lmao...graham is probably over there looking like he needs some Advil!

@christianantony2107 4 года назад

Graham should react to this.

@lania3717 4 года назад

Minimalist Money

@NathanielScottYT 4 года назад

Takeaway: Don't buy a leather jacket.

@natefinck6784 4 года назад

NEVER!!!!

@user-ny2yb1wl3e 4 года назад

lol!

@Je.rone_ 4 года назад

😅 Jean jackets are a close second

@DejvusTheOne 4 года назад

I just bought one... Fk... Im done

@Faidley 4 года назад

Never ever ever pay for a leather jacket on your credit card if you don't have a leather jacket in your debit account.

@TheFinancialMinutes 4 года назад

Getting to the point of debt free is one of the greatest accomplishments in your 20s. I'm close to paying off all of my high interest credit card debt and I have no other liabilities, really excited to have this burden taken off of my shoulders.

@campossanti 4 года назад

Why would you have debt on your 20s besides college ? I’m honestly asking cause I’m not american.

@Gigusx 4 года назад

@@campossanti I'm not an American either and got into debt at around 20 years old after I got addicted to gambling and took out loans for that :) Not a huge one though, but it stung for a while, going to be paid off pretty soon and I'll also be debt free in my mid-20s.

@judew7870 4 года назад

@@campossanti because its rough out here in these streets. Especially in southern California lol

@leodesmedt 4 года назад

@@campossanti The university cost and education in the US is so high that your parents usually can't afford or help you much to pay it. Working aside doing student job only carry your cost of living. In the US most of the people have to get student loan to be able to go through college studies. Think of it this way: in Europe many countries have free or nearly free education (France, Germany, the Netherlands...) - at most you'd pay usually up to 5.000€ per year. The US system is very different and usually when you pay around 20.000$ you got a 'good deal'! Plenty of people pay 30-60k$ PER YEAR! After 4 years you'd usually end up like Matt (with near 100k in debt)

@berntanders 4 года назад

Leo Desmedt It is so different from Norway for example. Pretty high wages and the education is pretty much free. Student loans are pretty much to cover living costs while studying in the years after turned 19. Those living costs could be a bit in university areas becausevof high demand, but still. It’s not like living in a big american city cost.

@Pedropulgar 4 года назад

“Don’t let the fear doing the wrong thing prevent of you of doing anything” Thank you for that Matt.

@anabettencourt6943 4 года назад

It resonated so deeply

@nocode_nick 4 года назад

GOLD

@thelizardqueen7 4 года назад

I don't even have finances to organize

@maxonmendel5757 4 года назад

try YNAB. 34 days free trial, 84 bucks a year after that. its helped me a little

@garrettk7166 4 года назад

If you have a dollar, organize that dollar. The act of organizing that dollar starts to create structure for you to handle more dollars as they come to you. Because let me ask you this: How would you organize $1,000,000 if it was given to you? Would you invest it wisely, and learn from other multi-millionaires/billionaires on how to grow that money? Or would you blow it all on random spending?

@TheRedrick25 4 года назад

Wally is a free money tracker app I've started using when I wanted to start "managing" my money. Wally let's me track what I spend my money on, how frequent I buy stuff, and see the current balance of my bank accounts and what's on hand. It's a little tedious to input the address, how much I spent, and on what. A simple picture of a receipt helps with the latter though. Being aware of my expenses and reviewing them once a week lets me adjust my spending habits.

@michaelhurd8942 4 года назад

thats true minimalism

@galacticrelic258 4 года назад

That's because you are unorganized in the first place mate.

@AlejandroAguilar-zx2tz 4 года назад

I wish more youtubers would share their personal finances like Matt does. I’m also opening a vanguard Roth IRA

@AndreyZenperial 4 года назад

Alejandro Aguilar Great decision on taking control of your financial future Alejandro!

@AlejandroAguilar-zx2tz 4 года назад

Zenperial thank you

@Kevin-lw2gl 4 года назад

Check out Graham Stephan and Andrei Jikh in case you haven't already. Great finance RU-vidrs

@jadiecakes3241 4 года назад

The budget mom is awesome and shares all her figures

@PassionPno 4 года назад

He's just presenting the information in Ramit Sethi's book.

@MarianaKaiser 4 года назад

There are only three things in life that are certain - taxes, death and Matt D'Avella posting high quality videos.

@batirtzeurkiaga4973 4 года назад

He's awesome, isn't he!!

@buzzedbrain 3 года назад

And him telling about his debt.

@ArizonaWillful 3 года назад

And Matt in a tight grey teeshirt.

@1bfrancom 3 года назад

Don’t forget the 4th certainty: Lost data

@StockupwithL 3 года назад

I’m not a pro tradr but I was lucky enough to make 25’B’T’C’ since late last year following the instructions and signal from Chamali Noah he runs a program for investors/newbies who lack understanding on how trad!ng bitcoin works, to help them utilize the volatility of the crypto mar:ket and also stack up more bitcoin.

@MisterPol 4 года назад

Can we just take a moment and thank Matt for all the value you provided? Your videos are not only helpful, but really visually pleasing. You inspired me to start my own video series on self development! I'm at 159 subscribers and hope to get big 🙏🏼

@misterpol6405 4 года назад

You've one new sub :))

@MisterPol 4 года назад

@@misterpol6405 Thank you so so much!!!

@JustinVConroy 4 года назад

Matt, it is good to see you talk about personal finance again. I feel that it is one of the most important subjects for a successful adult life and there's little to no formal education out there. It is also something I am very passionate about. Really happy to see how you are handling things and learn your perspective. Loved the video, as usual! Thanks for sharing.

@ofircohen1675 4 года назад

Agree!!! So important!

@ericw9 4 года назад

agreed solid comment

@emileekingsley6640 4 года назад

He said he's no good at it,, but I love when Matt talks about personal finance! His interview with Ramit Sethi was the video that inspired me to get my finances together and get out of debt.

@imMATTure 3 года назад

I agree. Honestly though, the people who really want to learn about personal finance should seek out to learn even if there is no formal education. Thats what separates the well-off and the average. I really hate seeing my peers or people on social media complaining about how they think formal education was a joke but never put in the effort to learning or furthering their education on their own

@DemetriPanici 4 года назад

I'm trying to get this man on my podcast like he's trying "to get the Rock on my podcast" 😂

@luscious_sky 4 года назад

Demetri Panici Lol good luck Wish I could like this 2739562973 times

@Noud 4 года назад

🙏🏼🙏🏼

@investwithdavis1235 4 года назад

Get Matt on Demetri's Podcast Jingleeeeee

@JonJosephKuhn 4 года назад

Haha. You’ll get it man. Keep grinding.

@JonJosephKuhn 4 года назад

You know. Or not.

4 года назад

I don't know why I keep watching these USA based finance videos when I live in a European country where we don't have things like college debt, 401k and credit scores.

@lthecatt9667 4 года назад

Because some main principles still count. Pay your dept, safe a bit. Pretty universal in the Western world

@NJO52 4 года назад

@Memekage Nope. Some countries might have a system to check what your loans you have and if you are paying them. If it is really bad, you might need a special mortgage with high interest, but that is not the case for most things. Most people here have no student loans or they are at almost 0%, most have no car loan, credit cards are seldom used and mostly paid off each month.... there are people with personal loans and who put a lot of stuff on credit crads, but that is not the norm. For mortgages you need to prove what you earn and how stable that is and what debt you have. But no weird stuff like in the US, it is so weird that you need to have a credit card to build a good credit score to get a low % of interest for any loan. The fewer loans you have the better isn't it?

@anabettencourt6943 4 года назад

I live in Canada but still watch it 🤷🏾‍♀️

@prodriveress 4 года назад

In the UK, we have Martin Lewis - The money saving expert. He is the king of personal finance.

@john-john2873 4 года назад

njo52 You must live in some kind of fantasy world. Maybe you come from a very privileged family, because what you’re saying isn’t true for most people in Europe. Average debt per adult in Germany is roughly 30k us dollars. Where I’m from it’s common to loan money to pay for living while studying at university, so most people have student debt despite there being no tuition cost. (Although not as high of a student debt as in the US). Also we do have credit scores. It’s the way banking works in practically every country, because safety means lower interest.

@rosssayre3794 4 года назад

Matt D’Avella is more educational in life than high school.

@KeliaChien 4 года назад

for real if ony theyd teach this in school!!

@immeldaoord9189 4 года назад

I knoww!

@MisterPol 4 года назад

LMAOOO so true 😂

@wanderingsoul1500 4 года назад

when I'll get a chance to be a teacher I'll teach his teachings

@nocode_nick 4 года назад

Somebody give this man 30 highschool kids to fix

@sebxlopez 4 года назад

Basic personal finance: ✅ Don't spend money you don't have i.e. if you can't pay in cash you can't buy it ✅ Save a % of your income i.e. don't spend all you have ✅ Focus on making more money instead of living frugally ✅ Aim to have multiple sources of cash flow (at least 3)

@pebalii6184 4 года назад

thank you

@TheFinancialMinutes 4 года назад

Couldn't agree more! Multiple sources of cash flow is super important and it can help if one fails, I was laid off from work, but I'm making more money in the stock market now.

@benjaminbllehuus1489 4 года назад

I'm wondering, realistically, how many people have multiple sources of cash flow? Off the top of my head I can't think if anyone that might have that, be it adults or peers.

@iamgarbuz6904 4 года назад

@@benjaminbllehuus1489 fr, 90% of all ppl just do 1 work till they 65 then retire witb 1-2k$ a month like wtf is this life??

@Omar-ir4gk 4 года назад

"Focus on making more money instead of living frugally"?? living frugally means you don't spend much money and save as much as possible. it doesn't mean you can't make more money.

@TheRealGuywithoutaMustache 4 года назад

I'm just grateful for the education he offers for free

@luscious_sky 4 года назад

Just Some Guy without a Mustache Yeah, I agree

@B2Hvlogs 4 года назад

I Also 🤗

@athreyaguru586 4 года назад

Bro you're everywhere wtf

@corbenm418 4 года назад

Jellal?

@leojclarke 4 года назад

"don't let your fear of doing the wrong thing prevent you from doing anything" that is gold advice for life!

@MisterPol 4 года назад

🙌🏼❤️

@faisalmasood-medicalstuden1936 4 года назад

Matt, you've always been so transparent and seeing your financial transformation from having an overwhelming amount of debt to starting your own business and thriving is so inspiring. I think it's so responsible that you aren't rushing into buying a home as LA is crazy expensive. Thanks for the inspiration mate!

@francescoschiavone1045 4 года назад

At first I read “how I manage my personal fiancees”

@evangeliamintzai6302 4 года назад

If you have many then that's expensive.

@fishrave7445 4 года назад

Алек Сневар sad life dude

@evangeliamintzai6302 4 года назад

@Алек Сневар incel much? There is something free as well. Your right hand 😂😂😂

@jwcob1239 4 года назад

@Алек Сневар wtf dude dont find your gf at a bar and maybe they will actually like you and dont show your monsy the first date.

@maleficentmistressofevil28 4 года назад

Wtf😂😂😂😂

@Je.rone_ 4 года назад

*I have dreams of starting a business, working on making them a reality*

@bu_lai_ke 4 года назад

Best of luck 🇬🇧❤️

@briansmasal7111 4 года назад

What type of business do you want to start?

@stephanierisa2357 4 года назад

You can do it!

@anabettencourt6943 4 года назад

You can do it!

@MisterPol 4 года назад

GO FOR IT MAN!!

@beautyforashes6204 4 года назад

This video was extremely comforting! Learning about bettering your finances can truly be overwhelming. But what’s most important is finding what works best for you, you don’t have to do everything! Thank you for your time and words of wisdom.

@makethemost 4 года назад

"Personal Finance for Dummies" literally changed the course of my life. If this book (a book!) is even available get it. From life insurance to investing to real estate... a great resource to start with. And Matt's video of course.

@VoyagersRevenge 4 года назад

I needed this badly. Ever since I became a content creator, my life changed really fast and I am figuring out what to do with money

@wickedawesome1566 4 года назад

Congrats on that buddy!

@roberthardy5171 4 года назад

Sounds like you’re struggling. You can consider getting a part time job

@VoyagersRevenge 4 года назад

@@roberthardy5171 I'm struggling with organization mostly. I work as freelance designer for entertainment design on contract and then my RU-vid channel/Sponsorship deals is the part-time income. Managing money is something I'm still learning

@barbarab371 4 года назад

"Investing in your personal finance is investing in yourself". That's exactly how I feel about it.

@anabettencourt6943 4 года назад

So true

@joeyross1960 4 года назад

You're so right baraba b What does b stands for in your name ?

@mariajosefranco6434 4 года назад

I love this video!! It isn’t complicated at all, and I like how you don’t pretend to know it all or to have the best answers, but encourage us to be in charge of our financial future and find out what works for us. Big fan of your work, saludos desde México!! 💕🇲🇽

@tionwayne9930 3 года назад

A really good video, choosing a simple lifestyle has really helped me a lot. I dont buy what I don't need or what would keep me losing more money, spending less has given me more room for investing.

@ethelbertjohn3845 3 года назад

Many don't understand that living these way is all based on your mindset and you ability to be positive with money.

@farisnajmibahari5468 3 года назад

Just maintain the thoughts of staying clear of what you don't need.

@jamespham1668 3 года назад

Imagine about having a debt of $97,000 after graduation still not learning about investing.

@jacobaltman9923 3 года назад

That's just sad

@youngwolf2526 3 года назад

I certainly need an investment I could hold for a long term or short term that can yield a good return monthly.

@elatronion 4 года назад

Usually, I'm pretty good at money. My main issue: keeping a steady income.

@jasonck2669 4 года назад

1234 find a hobby! Make it a priority to find a way to turn your hobby into an income stream.

@prodriveress 4 года назад

If that means you struggle with working for other people, work for yourself instead. In 2000 my hobby became my job and I told everyone if I couldn’t make enough to live on, I would get a proper job.....20 years later and it took the pandemic to make me get a (temporary) proper job, I will go back to working for fun in a couple of months..yay!

@edifelix9154 4 года назад

A year ago, I saw your "Simple Steps to Financial Freedom" video. Since then, I've read a few personal finance books, started budgeting, opened up a 401k and now have more money in my bank account than I ever had before. Just wanted to say thank you for what you do. If it wasn't for me stumbling on your video, my spending habits would still probably be in pretty bad shape.

@AlexisNussbaum 4 года назад

I am glad that you are peaking about personal finances ! So many people are lost with their money and that’s why I started my channel but since you have such a big audience you are really helping people !

@andrewhutabarat1357 4 года назад

Mannn. That's a great message you put at the end. That's why I keep watching your videos. Sometimes a wonderful information also comes with a pressure, because of we're not ready to apply in our lives. So the time you said all those things, just like a foundation of how we absorb and apply your info to our style. Thanks man! Looking forward to your next videos.

@MichaelDennis1234 4 года назад

Hey Matt, happy to say I just hit the big 1k subscriber mark!🎉 Couldn't have done it without your inspiration, thank you so much for posting so much meaningful content🙏

@luscious_sky 4 года назад

Michael Dennis Congratulations!

@ajgolden-personalfinancema9967 4 года назад

Congrats!

@nocode_nick 4 года назад

Congrats man! I'm on the same path, any tips?

@MichaelDennis1234 4 года назад

@@nocode_nick For a while I was convinced that if you tried to maximize watch time (high quality, engaging videos) and clickthrough rate (good titles/thumbnails), your channel would surely pop off, but after a while, I realized there's one thing that's more important than both of those combined -- topic. I have a video that's nothing special in terms of quality, but that happened to rank well for a search term, and it's been consistently bringing in 100-200 views every single day for almost 3 months now, and now accounts for half of my channel's watch time (1k of my 2k total watch hours). I have so many other videos that I think are way higher quality and way more helpful, but no one sees them because no one is searching for that topic. There's so much more stuff that's important, but that's a good place to start! Best of luck man

@ajgolden-personalfinancema9967 4 года назад

Michael Dennis great tip.

@MRASMRBOY 4 года назад

THAT PART. “Most people take out a credit card to buy things they can’t afford.”

@AndyinMTL 4 года назад

so true

@sabinamalik1497 3 года назад

I quit my 9-5 recently after becoming a minimalist, and have been struggling with retirement planning, now that it’s all up to me. This video was extremely helpful - great, simple, practical advice. That’s all I needed !! Thanks !!

@MariaSegovia 4 года назад

Loved it!!! Always so inspirational and real. Thank you for sharing. My husband and I have lived debt free for a while now and it’s very liberating, specially when it’s hard to think that it can’t be done. We don’t have amazing incomes and for the last 2 years I have stopped working because of my small children, so I want to say to the ones that think it’s not possible that it is!!! Little steps bring you to bigger steps in time

@Pambegay 3 года назад

Recently I got into the youtube financial niche, and I’ve taken a deep dive into investing, particularly dividend growth investment as it interests me. Tried several methods trying to figure out the best approach to building my portfolio. So far, I’m making progress with the help of my financial advisor. Back to the video, wonderful job there, always look forward to your next content.

@abskoodhiambo2111 3 года назад

It’s almost the same situation here. The difference is that I got off early enough to know that financial planning would help me go a long way. I’m in my 60’s and reaping off my hardwork.

@FullOption 3 года назад

I don’t make that much, but I sure do make enough. However, it will not be a bad idea to hear from a professional.

@SugarMamma 2 года назад

Budgeting and minimalism definitely go hand in hand to take control of your financial destiny. This is how Tom and I manage our family finances and include our financial goals. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-rd8WkxvMAqg.html xCC

@voiceonearts 4 года назад

Truly appreciate your outro to this video, it completely encapsulates where I'm hitting a wall with starting my adulthood in financial responsibility. This video amidst your other financially related content was the perfect introduction to digesting and processing the next steps to consider so I can continue taking steps further into my responsible future of independence!

@kchristinevideo 4 года назад

I love the point about not letting what could be optimal get in the way of doing something. That truly is one of the best personal finance tips there is!

@lilshotgunblast 4 года назад

As an 18 year old who is now ready to step off into the great abyss we call "being an adult" this video has gave me insight into tips of preventing any sort long term debt. Matt never fails to educate.

@BusinessMadhouse 4 года назад

Love your work Matt! Your simplicity is inspiring. Your work is great and you inspired me to start my own channel :)

@eishashewakramani6868 4 года назад

Chaotic Finance love your channel!

@darshanakasat6804 4 года назад

Nice Channel. You have a new subscriber

@NohemyAdorno 4 года назад

Thank you for sharing how you manage your finances. I picked up a few things and especially liked the quotes you shared towards the end. Don’t let the fear of doing the wrong thing prevent you from doing anything. Investing in your personal finances is an investment in yourself.

4 года назад

Always love Matt's finance videos. Started watching for the minimalism and stayed for helpful videos like this. Great job 👍

@VihanChelliah 4 года назад

I love Matt's approach and intuitiveness with finances. He's leaned into great books like Unshakeable and The Total Money Makeover to change his money habits. I've done the same. Love it!

@autumngraves 3 года назад

"Don't let the fear of making the wrong choice, prohibit you from making any choices" LOVE THAT

@FinancialBeanstalk 4 года назад

Love the insights of what has worked for you; much like a diet, there's no one size fits all so it's important to look at different options and tailor it to your needs. Great video Matt!

@MisterPol 4 года назад

100%!! Also I love how he gives us clear steps to follow

@allanfadlansyah 4 года назад

Absolutely agreed to avoid credit I've talked my finance tips as a minimalist too. Overall it's aligned with you Matt, on eliminate debt and start investing. Thank you for sharing 👍

@randeeprkaur 4 года назад

My husband and I are walking to this recession with zero credit card debt and can’t tell you how awesome and amazing it feels to not have that kind of thing on our shoulders!! Another great video 👏💁🏻‍♀️👏

@Einsteinnr2 4 года назад

The camera and video edit quality is next level!

@bibivids 4 года назад

I love watching your personal finance videos! You just posted this and I’ve already watched it 3 times ❤️

@angelalin2066 4 года назад

This was both inspirational and did not send me to sleep! Thank you so much Matt for sharing your own experience :) I'm 25 and have been telling myself (and my friends) that I will be investing 'soon' and figuring out my financial goals 'soon' but it is very daunting with the number of opinions out there. When you spoke about investing your time and energy into content creating because thats where you find value, that was a great reminder to not needing to get the biggest bang from your buck from managing your finances, but just managing them is simply enough.

@beast98demon36 4 года назад

How I organize my personal finances ? My salary is 350$ a month The bills cost me 150$ I don't have a bank account Greetings from Belgrade Serbia

@bekirhadzic4936 4 года назад

Hahaha to je to, zivot na Balkanu :D

@beast98demon36 4 года назад

@@bekirhadzic4936 jes vala pozz brate

@petrafeniks4816 4 года назад

I dodaj još hranu i možemo si štrik za vrat složit

@lucyferzyr 4 года назад

The video is about "Matt personal finances", I don't think his advice apply to your case. You should learn coding. If you have at least 1-2 daily hours to spend learning, in one year you should be able to land a 2000 usd a month job. There are a ton of free resources out there, you only need a computer, anything fancy, a 200-300$ usd computer should be enough to start.

@Ancient_Strength 4 года назад

in 150€ bills are your rent and food? The rule i could give you is kinda simply "free" money, so money you dont pay rent/food/insuarences etc. with, is for you 200€, i would go for 80% investment, 10% speculations (like bitcoin) and 10% shopping/travel money (things you which arent essential, but make your life better) - also from the 80% investment you should first built a savings account (money to live for 3-6 months) and then rest should go in the stock market (yes its fluctuates more than gold or bonds, but also have way better return in the long run and investments are per se +10 years time horizont)

@SufianTM 4 года назад

I recently saw a random comment on Matt’s insta post about a guy saying can you please make a video on this topic and there it is! Just shows how much Matt cares about his fans. You’re always an inspiration and I look up to you as a RU-vidr and a filmmaker. ❤️

@KaiDLeifert 4 года назад

Loved the video! It’s fantastic to see more and more people both, acting sensibly and watching educational videos as Matt’s here to become sensible. And for those looking at similar advice on pensions in the UK - I’ve had much fun creating a series myself. Can only encourage everyone to research 😁

@williestack1383 3 года назад

Finding myself going back to your channel and it never fails me to learn something new,

@mustafayazc4734 4 года назад

"Don't spend the money you don't have" great advice 👌🏼

@SeanLei 4 года назад

Takeaway: *The leather jacket was worth it.*

@benechobox 4 года назад

Always buy a leather jacket.

@blahblah1438 4 года назад

I agree

@campkira 4 года назад

well yes and no... depend... on the weather...

@FairScale-tx1qv 4 года назад

LOL......everybody is talking about his leather jacket to mess with him. The leather jacket was a mistake. What was he thinking?

@ArizonaWillful 3 года назад

How about a black leather jock strap?

@daviddelacruz6541 3 года назад

this video is so clean and the lofi beats behind the ad set the perfect tone

@ericvillla 4 года назад

Taiga did a great job on this. Love it. Thanks for the video Taiga. Really appreciate all your work Taiga. Doin great buddy.

@jonathoncarpenter8679 4 года назад

Is anyone else freaked out that Matt isn’t wearing a grey t-shirt?? 😱😱

@lerambo499 4 года назад

No.

@pj8324 4 года назад

1:42

@43vaRR 4 года назад

He went for a run so no

@RhodesW 4 года назад

Those of us in the UK are lucky enough to be have a £20,000 (~$24,600) tax-free allowance in Stocks and Shares ISAs. Starting with nothing, if you max this out for 10 years, assuming an average 10% annual return, you'd have around £344,000! Crazy financial gains with £0.00 tax owed! --> Get in as early as possible as Matt says, compound interest is the hardest working employee you'll ever find! :)

@jaysterling26 4 года назад

Of course most people won't be ( or don't want to) able to afford that maximum. Another option is to add contribution s to your employee pension scheme. No extra commission fees. One negative may be your boss knows can afford that , so may be a factor when asking for a raise. Cheers.

@digiduoway2439 4 года назад

Your experiments are so cool! I try some of them from time to time, especially what is related with healthy lifestyle. We got inspired with my friend and even started our channel. Keep on going, it is so interesting!

@donatasirgintare 4 года назад

The finance one was eye opening too

@westontd2 4 года назад

Yo Matt! Just wanted to thank you for your awesome videos. Your experiences and advice have really helped me a lot through this first year of living on my own. Love your videos and the work you put into them. Wishing you and your wife well.

@MisterPol 4 года назад

Love that my man!! Keep up the hustle 🙏🏼

@isaacmijangos 4 года назад

" I don't know anything about real estate. I don't have a high interest rate savings account. I don't have too many credit cards" graham stephan has entered the chat!

@valentinaespinoza8526 4 года назад

"When I paid off that final student loan I cannot tell you the weight that was removed from my shoulder, how much freedom I had" Cries in student debt (for maybe 20 years minimum) from Chile

@FearlessDreams 4 года назад

How bad is it?

@biddypercy319 4 года назад

Yeah, as helpful as these type of videos are for people with bad spending habits, it's not so easy for people like the majority of Chileans who can barely pay their basic costs on the terrible salaries they earn. Throw in a few kids and a few health problems with its already terrible economic system, then no amount of budgeting advice will allow you to prosper. But....I guess every little bit helps. #piñerapicoenelojo

@danielmahathir4001 4 года назад

thanks Matt. am a long term subscriber. always of value. god bless and please keep it up

@Mentor_Bot Год назад

Wow, this video on managing personal finances as a minimalist was incredibly insightful! I love how the minimalist approach not only helps you save money but also brings a sense of clarity and purpose to your financial decisions. Your practical tips and strategies are truly inspiring, and I can't wait to apply them to my own life. Thank you for sharing your expertise and showing us that simplicity and financial well-being can go hand in hand. Keep up the fantastic work!

@offbeatkiki 4 года назад

This video is 10:37 long, which is incidentally, my favorite time of day and my two favorite numbers. Lit.

@self_interest 4 года назад

It’s 10:38

@begula6763 4 года назад

10:37 is a beach house song. Is this what you meant lol

@projectbetterfinance3863 4 года назад

Wow Matt making a video on personal finance!! I myself have a channel around that and I’m definitely taking notes on editing etc

@roberthardy5171 4 года назад

Subtle

@94bestyearever 3 года назад

I love these finance videos. You break it down so people can easily understand without talking down to people. Actually now that I think about it I love all your videos where you are "teaching". You are really good at it, I bet you have a parent or family member that is a teacher.

@danieleureche1424 4 года назад

Matts videos are the only thing keeping me goi g during quarantine

@Bitachon 4 года назад

*6:30** - yes around...I think its 6,500-7,000 depending on age*

@joshuathinkingoutloud 3 года назад

🌿 Although I am not a formal minimalist, I utilize minimalist principles to improve my life. I just recently touched on this my latest vid. Love your channel Matt!

@IshaSharma11 3 года назад

I watched your video you are doing great job

@joshuathinkingoutloud 3 года назад

@@IshaSharma11 thank you so much

@profipix 4 года назад

Appreciate the honesty, bro. I haven't heard anyone that big on YT admit they can't afford something. Thumbs up! Thanks for the awesome content.

@Axelwolfy 4 года назад

Thank you for being a minimalist you have taught me so much and now thanks to u my room and house looks so much better

@MisterPol 4 года назад

Same!! He's a living legend

@TheCherieExperience 4 года назад

being German the thought of having those huge amounts of debt is really scary

@AvsFan32 4 года назад

Turquoise Summerbreeze Trust me, it is scary I was there. With credit card debt and the interest that you pay becomes so high that you can never pay it down resulting in defaulting and bankruptcy for many.

@MisterPol 4 года назад

Hey nice meeting someone from the other side of the border, I'm from France! 😊

@Bireshprema 2 года назад

I can’t stop thinking about the irony and insanity of Elon Musk becoming the richest person in the world why they individual who has spent $20billon.

@shermantommie4688 2 года назад

Prince of Brunei’s spent it all maybe he would have been among the rich if he invested his money

@darnellbeck5653 2 года назад

Another interesting presentation…. Elon Musk technological development is mind-blowing…

@dustireller3953 2 года назад

His investment in Bitcoin because he is aware of the profit he would make

@zoeyswaniawski7306 2 года назад

Millionaire like Warren buffet and Bill gates, never made it depending on paycheck neither were they salary owners. I think investment should be on every wise one’s list and currently all of it is online. In a month or two you’d be ecstatic about the decision you’ve made

@alinamikelle8688 2 года назад

@@dustireller3953 My advice for everyone right now is to invest into crypto currency 💲💲as it more profitable.

@pebalii6184 4 года назад

i am still very young turning 17 and your videos have helped me to understand the way of life and how i will be living it. wise man can teach the young of his mistakes

@SittaLuvz 4 года назад

Your videos have added so much value to me, thank you.

@Nemo2 4 года назад

Hmm, I think your greatest accomplishment are them biceps... or Nat! Lol, I am almost Debt free. I definitely can’t wait for the sense of freedom! Also can’t agree more about the Roth IRA

@mattcintra8964 4 года назад

Matt's tip if you need to be reckless at least be reckless with a KIA

@peekaneha 4 года назад

Love this video a lot! I’d love to see a video/content around structuring your business finance/model. Like if you use profit first, how to handle taxes. Etc. if you make it or not, Thank you!

@emmadavies160 4 года назад

“Don’t let the fear of doing the wrong think keep you from doing anything” YES 🙌🏻

@awkwardatlas5623 4 года назад

"I use my credit card for small and big purchases". Well that clears that up :p

@IshaSharma11 3 года назад

True

@Yeeeeeeeeemlg 4 года назад

Yes

@itsaadude 4 года назад

Correct

@karllarsson4996 4 года назад

@@itsaadude indeed

@robertodelfuego9195 4 года назад

@@karllarsson4996 of course

@MegaVorb 4 года назад

sim

@suyashdevgupta4918 4 года назад

Thanks Matty. Absolutely love your stuff.

@dmitriykovtun234 4 года назад

Thanks Matt, interesting video “Don’t let the fear of doing a wrong thing prevent you of doing anything”

@drewsson 4 года назад

When it comes to money, remember that every penny you ever made came from you. Don't get excited about money, get excited about YOU. ✨

@DPM97 4 года назад

Never have been this early!!!

@noddlelebowski1074 4 года назад

Deepti Padma Mallick Same

@jwalker10039 4 года назад

Recently started watching your videos, fantastic content! The kind of content more people need in their lives.

@suporiaa6826 4 года назад

Omg ! I love the ending. I feel the same about personal finance. It’s such a zone of judgement. But at the end of the day growing net worth is the goal - we all can do it different ways but it’s the same goal.