The Brutally Honest Financial Advice That You Need To Hear

Подписаться 81 тыс.

Просмотров 49 тыс.

50% 1

Start and grow your business with a .Online Domain today at get.online/nic... and use the code NICOLE to get your first year for just $0.99!
Please LIKE this video, leave me a comment, and subscribe for more content.
Support this channel on Patreon: / accordingtonicole
Follow me on Instagram: / according_to_nicole
Business inquires ONLY: AccordingToNicole2022@gmail.com
Support this channel by buying me a coffee: www.buymeacoff...
💵 Invest with Moomoo and earn a bonus of up to $2400 when you sign up and fund a FREE account: j.moomoo.com/0...
💰 CASH BACK WHEN YOU SHOP! - GET $5 for FREE when you use this link to sign up for RAKUTEN www.rakuten.ca....
MY FAVOURITE THINGS:
📷 My camera: amzn.to/3jh9MzX
📸 My main lens: amzn.to/3w3a8B6
🎤 My microphone: amzn.to/3PBk2PS
👖 My favourite jeans: amzn.to/3Wtlx4L
🧹 My cordless vacuum: 🇺🇸: amz.run/9aTc 🇨🇦amz.run/9aTd
🤖 My robot vacuum: amzn.to/3WcnRgK
☕️ My espresso machine: amzn.to/3YRohLu
🍳 My cast iron skillet: amzn.to/40LiS9U
🔪 My favourite kitchen knife: amzn.to/46mNmAf
⏰ My wake up light: amzn.to/3YGehUa
💿 My record player: amzn.to/3SIJC9b
🔊 My speakers: amzn.to/3SK0c8J
🐶 Levi's favourite treats: amzn.to/47fOMxM
🚲 My e-bike: shareasale.com...
***Some of these links are affiliates and I may receive a small commission when you sign up or make a purchase.
Edited with Gling AI: gling.ai/?via=...
Music from Uppbeat (free for Creators!):
uppbeat.io/t/b...
License code: FDG42HBZ0ZZEBNH8

Опубликовано:

24 сен 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 925

@AccordingtoNicole 4 дня назад

Start and grow your business with a .Online Domain today at get.online/nicole2 and use the code NICOLE to get your first year for just $0.99!

@jeffmunkynutz1568 2 дня назад

Do a vid about the risks of overcapitalising in a teetering economy where the institutions issuing credit's very existance relies on the perpetuation of the infinite growth myth. Love to get your take on hedging that....and say hi to Levi, and would it kill you to invest in some hubcaps 🤣

@greatriffishere День назад

Amazing video Nicole

@gpdoyon 11 часов назад

To some extent you contradicted yourself regarding not earning financially freedom while working for yourself. Simply put, if you employ your previous points like “It’s not how much you earn but how much you keep.” You can do it. I did. I retired at age 60 and never have to work again. My point is, do not make absolute statements. Instead, make generalizations.

@John-ww2fv 2 дня назад

Cutting unnecessary expenses is crucial for aggressive saving, requiring discipline to distinguish needs from wants, track spending, and prioritize long-term financial goals over short-term desires.

@GibsonJames-gr3on 2 дня назад

Moving to a higher-end neighborhood is a top priority for me, as it ensures my loved ones' safety and peace of mind, providing a secure haven and better quality of life that outweighs the financial investment

@JasonAmir-qo4uo 2 дня назад

your move highlights the importance of prioritizing financial goals. Speaking of which, have you considered consulting a financial advisor to optimize your financial strategy?

@GibsonJames-gr3on 2 дня назад

Yeah, I've been considering hiring a financial advisor. My friend recommended Joseph Nick Cahill

@TheDuke792 2 дня назад

I've worked with him and he's been instrumental in helping me make informed decisions about my retirement accounts

@JasonAmir-qo4uo 2 дня назад

I've heard about JOSEPH NICK CAHILL. He's been around for a long time, right? That kind of experience must be reassuring, especially seeing how people speak of him

@jaywarren-y5e 2 дня назад

I'm 75 years old. It is so refreshing to see a young woman with so much practical knowledge. You are wise beyond your years.

@kens805 2 дня назад

She's sharp and wise way beyond her years. (BTW, I'm 76, LOL) Us old farts need to stick together!

@jaywarren-y5e 2 дня назад

@@kens805 LOL

@peterwulff469 2 дня назад

- yes, she indeed is. Unfortunately, common people cannot deny themselves this or that so are constantly living beyond their means.

@tutata 2 дня назад

She's your granddaughter remember...

@jaywarren-y5e 2 дня назад

@@peterwulff469 True. Our inability to find happiness in what we have gets a lot of people in financial trouble.

@speedibusrex 2 дня назад

Don't spend what you don't have.

@loueckert4970 2 дня назад

Being out of debt is true wealth.

@Days. 2 дня назад

Well I am out of it and still not wealthy. Still need a discipline to save up for house, cars and invest

@sunflowerfields4409 2 дня назад

AMEN! When I paid off that credit card of way too much debt, I got a statement that said balance due $0.00 And yes, I cried happy tears.

@whothou День назад

Well you can reach 60 years old with no debt and also no retirement savings...are you still wealthy? Lol

@sunflowerfields4409 День назад

@@whothou I'm not wealthy at all. I make below the poverty line and have little retirement savings. I am on way to 60. I will not retire but at least I have no debt. I drive a 20 year old car which I intend to drive as long as possible. After that, either a used car or public transit which around here isn't very good.

@one100billneoone4 День назад

@@sunflowerfields4409 Great mindset!! Most people will never experience being debt free. They’ll never experience the joy and peace of mind it brings.

@carlbarton772 День назад

Nicole for President, finally a RU-vidr who removes the BS.

@richardsanty9063 2 дня назад

I would like a part 2 of this video. Thank You.

@one100billneoone4 2 дня назад

I did reach financial freedom at the age of 40 working for an employer. Not saying it was easy but it can be accomplished IF you are disciplined, frugal, and willing to live below your means. I can officially retire in less than 6 months if I chose to at the age of 49 with a lifetime pension and medical benefits. From that point on, it’ll be my choice if I chose to work or not. Wishing all of you good health and wealth!!

@btwbrand 2 дня назад

Spoken like someone who doesn't know cost of health care is likely going to 3-5x in the next 20 years. Privatization is winning.

@one100billneoone4 2 дня назад

JELLY JELLY TIME!! What part of FREE medical benefits/health insurance did you not understand? Did lifetime health insurance confuse you? Someone has been eating too many JELLY sandwiches.

@xlerb2286 2 дня назад

Same here, but not that early for me as I got a late start. A lot of the STEM fields pay very well. We could live way below our means, still enjoying our lives today, and put ~20% of our money into investments. 30 years of that letting compound growth work its magic and I'm retired and my wife only works yet because she wants to. And if you're the type that wants to run a business (I never did) get a few years of experience and hang out your shingle as a consultant.

@mvargas34 День назад

@@btwbrand It's not like the amount raised for finantial freedom is fixed, it still generates interests over time

@chuco915C День назад

You made it brother.

@benjanos 2 дня назад

Totally right. If you cannot afford to pay cash, don’t buy it. The beauty of this logic is that if you force yourself to save the total purchase price, you will think twice if you really need it. You have to save, you have to wait, you see how hard it is to make money, then you choose. Borrowing money is a trap for people without common sense. Very common.

@tetedur377 2 дня назад

Or at least have the money to pay off the loan. Reason: if you're making more money on your money than you are paying in interest, I'd pay the loan. Which I did, when I bought a new truck 4 years ago. I had the money, and could have paid it off at any time. However, my investment savings account was paying more in interest than the interest on the loan - 2.2 percent verses, I want to say 5.7 percent (it may have been higher). So basically, I sat on my money and effectively only made 3.5 percent return on my investment. I can live with that; can you?

@Insightfill 2 дня назад

I've come to realize that with the value of money compounding over time, every month I put off buying a car means it's a month earlier that I can retire. Even buying a (new) car in cash would push out retirement 3-5 years.

@ihadlunch8575 2 дня назад

I started my life over @ 27 moved from NYC to Georgia (not Atlanta). Took a job as an operator making $16/hr. Brought a house at 30 when i was making $22/hr. Replaced my hooptie of 12 years with a nicer CPO mazda 3 manual trans in cash at 31. At 32 I got promoted and make $77k before OT. I still live my lifestyle when I was only making ~52k a year. My mortgage is ~30% after taxes/401k match. It's nice that now I have stability I can go and buy the nice things since I know its going into my home that I will eventually own. No worry of a landlord raising rent yeah I have my own repairs now. But if you save ~2% of house worth a year you'll be a really good spot.

@watamatafoyu 2 дня назад

You're considered upper-middle-class or rich at this point compared to the average worker. You're in the minority.

@tetedur377 2 дня назад

@@watamatafoyu There are several factors that need to be accounted for, other than strictly income. Average income for the area in which one lives is a factor, as is hourly wage, number of hours worked, and so on.

@cherylbroadenax1006 2 дня назад

See u did something different. Good job. U did what most won’t do. U didn’t complain- u made a move and it paid off.

@Almneur 2 дня назад

Live within your means and your memes.

@jensmith9812 2 дня назад

Thank you for explaining taxes! I’ve been working a second job trying to clear up my debts and so many people telling me it’s not worth it cause all my money will go to taxes 😩

@wortelsorbet 2 дня назад

When you need to clear debt, it is worth taking the second job. If you can live off your first job and you value time more than extra money, that would be the time to reconsider the second job.

@AccordingtoNicole 2 дня назад

Those people are dumb. Keep doing what you’re doing. You got this.

@mardy_s 2 дня назад

You can get more tax taken off one of your pay cheques. Ask your HR dept for the form to fill out. Easy.

@richardsanty9063 2 дня назад

What do they know?

@Georgggg 2 дня назад

Thats partially true. Government like to tax you if you earn something to pay for access to resources, but don't tax you if you get resources free by owning them, loopholing entire "earn -> pay -> access" process.

@JohnBeeblebrox 2 дня назад

"Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery." Charles Dickens

@seltzermint5 2 дня назад

indeed. My brother-in-law's company earned around 2 mil one year and was out almost 2 mil, he was struggling financially. I know he loves the ups and downs and feels cool "playing with the big dogs" and flashing cash around - but I'll take ordinary steady salaries & lifestyle every day of the week.

@theperpendicular326 2 дня назад

Nicole's videos never disappoint. You can even go back to her posts from a year ago and pick a completely random one to watch, and still learn something *useful* and *practical* from it.

@hiflyer1825 День назад

Amen sister: this video needs to reach million people. Maybe then, mental and physical health will get better.

@Fell214 День назад

I retired at 58 a few years ago with an annual public pension of a little over $100k per year for life. COLA-adjusted and 100 percent passed to surviving spouse for life. Didn’t have to contribute a dime to the pension plan. Our Social Security will add another $45k per year once we turn 62. So, we are set for life without ever starting a business…even without touching our savings. There are many different paths to financial success.

@Sparkle-ey7iw День назад

How did you do it?

@Fell214 День назад

@@Sparkle-ey7iw Advanced degree then worked 32 years with a state DOT. Union represented and a loyal employer. My younger replacement will get a slightly reduced retirement benefit, but still good.

@denisereneec День назад

your situation is not typical but happy for you!

@Toni_Snark День назад

Last time I checked, we can't get full benefits from Social Security until we turn 67. It makes a big difference if you can wait to draw that.

@OrthodoxAtheist 11 часов назад

@@Fell214 "My younger replacement will get a slightly reduced retirement benefit," ...So nice of the retiring generation to make life harder for those following. I also reckon that "slightly" is not as slight as you may expect, or won't end up that way over time at least. In your case perhaps not, because you found the golden egg - government plus union. If I could turn back time, I'd go that route without hesitation. COLA increases on the DOT, great job security (because you can't barely work in government and still not risk firing), and the union means you get a decent wage and benefits. Definitely the way to go, yester-generation and now (but more so, then).

@WillParffit34 14 часов назад

I think a lot of people are afraid to hear the truth about investing-that you’re not going to get rich overnight, and that managing a portfolio requires discipline and patience. There’s no magic formula

@Robby767 14 часов назад

Exactly. The market isn’t going to care about your emotions, and sometimes your best move is to do nothing at all. But it’s hard to know when to act and when to wait, especially when everything feels uncertain

@Colbe-lx7fb 14 часов назад

That’s where most people struggle. They think they need to react to every dip or spike in the market, but in reality, overtrading is what kills long-term returns. People don’t realize that doing less can actually make you more in the long run

@Bigwilli123 14 часов назад

I think part of the issue is that people aren’t honest with themselves about risk. They want the high returns without really thinking about how much they could lose if things go south. Having a solid plan in place is key

@roseyfischer 14 часов назад

Speaking of plans, how do you all manage your portfolios? Do you handle everything yourself, or do you work with someone?"

@Bigwilli123 14 часов назад

I used to think I could do it all on my own. But honestly, I realized I was just making emotional decisions based on what I saw in the news. A couple of years ago, I started working with Joseph Nick Cahill, who’s been managing portfolios for over 20 years. The way he breaks things down-like risk tolerance, long-term goals, and diversification-it really changed how I approach investing

@TexMarque 2 дня назад

College degrees are worth it if one plans to be in a career that requires licensing and a relevant degree. Most teachers, doctors, lawyers and other fields require both today. Many employers have large numbers of applicants and use the lack of a degree to just simply lower the number of applicants.

@cherylbroadenax1006 2 дня назад

Business world. I agree with u. Here is what I did when I didn’t make much. I got a certificate and started my own business. Totally paid off. Folks should stop begging employers to make their lives better. Just a friendly suggestion. When I could not get hired, I jumped ship and went out on my own. U darn right it was scary. Here it is 20 yrs later and I am about to retire.

@Omar-nd6lh 13 часов назад

💯 the field matters. Cant be surprised when the degree in art, interior design, gender studies, etc. doesnt pan out. There are fields in which you can earn well over 6 figures as a worker bee. And not everyone is built to be an entreprenuer.

@recynd77 2 дня назад

I live in OC, CA, an incredibly HCOLA, and my husband teaches at a local community college. We’re doing fine financially, though we’ve made mistakes along the way. The beautiful 2008 Toyota Avalon I drive has nearly 250k miles on her (Go queen!) and was gifted to me by my parents; my husband drives a 2007 Hyundai Santa Fe we bought with $3,300 cash from a mechanic friend, and our son drives our “new” truck, a 2010 Ford Ranger. Our extra vehicle is a 1993 manual Ford Ranger, which still runs like a top. We’ve owned our “starter” house since 2000, and I never plan on leaving it; hopefully, we’ll be able to leave it to our son one day. (He’s not waiting for it-I’m in my late 50s and my parents are both still alive and healthy). It IS do-able.

@emc6511 2 дня назад

Live here also. Not HCOLA. We're VHcola ...Very VERY ...😅 What we're willing to spend for perfect coastal weather is astonishing. Well done you!

@alinatamashevich3354 День назад

I live in KOA, drive BMW, listen to ELP, drink FCO, read the WSJ

@Slenderman63323 14 часов назад

Since you bought a house in 2000 for probably 1/3rd of what it cost inflation adjusted, your advice really doesn't apply to Gen Z in 2024 just getting their start in life. You could have made mistakes and still came out alright. Whereas Gen Z have to optimize their life down to a few cents and still won't be able to catch up without some luck or external help. This is what people are really complaining about.

@recynd77 11 часов назад

@@Slenderman63323 Your point is 100% valid; I doubt we could afford even a condo in this economy, if we were in that position. My point was really that living frugally can allow for freedom beyond what one might expect. We don’t take vacations, drive nice cars, or buy expensive clothes…and we don’t miss those things. We’ve learned the terrible burden of credit card debt (spent on things we really didn’t need), and that we can make do with far less than one might think. We have a son who is almost 27 and his biggest dream is to own a home, but it doesn’t look likely any time soon. He works a job and has an increasingly lucrative side hustle in the same industry (jewelry/gems). He invests his money, is debt-free…and he lives at home-but it’s a huge sacrifice (few 25+ years olds want to live with their parents). I’m very sympathetic on this front.

@BorikenWarrior 2 дня назад

I'm 64 and do not use credit. If I don't have the cash I don't buy it. The only major bills I have are electric, cell phone. I eat well.

@AIRTRK1 День назад

Three words: "You're My Hero." I followed your Mantra my entire life. For the exception of a modest mortgage, I was debt free by age 40 and remain so to this day. I'm 72,...do the math. Like jaywarren's posting below; It truly is refreshing to see a young person, as yourself, with such basic practical knowledge.👍👍

@itzajdmting День назад

This is the first video of yours that I've seen, loved it. No BS, just plain speaking and crammed full of useful information and examples. Would love to see a Part 2. All the best. Rob.

@nicke7350 15 часов назад

At 30 I am now at a point in my life where I don't live paycheck to paycheck anymore. Granted I still make close to minimum wage and don't own a house, but have no debt and am able to put away a nice chunk of savings every month. Growing up dead poor and nearly homeless is crushing, but through minimalism and being frugal you can claw your way out of it.

@2ChukBuk 2 дня назад

College is fine, but I would learn a trade. Your skills as an electrician, plumber etc. will always be in demand. AI can't touch that.

@learningisfun2108 2 дня назад

So difficult finding an apprentice these days.

@human1513 2 дня назад

Many trades people make more $$$ than most college graduates.

@tetedur377 2 дня назад

Until you get old and your body doesn't work very well. I had a trade - auto mechanic - that I worked at for over 30 years. Which was about 29 years too long. I went to college (on the 7 year plan), graduated, and got a job working in the white collar world. I retired after 22 years, and am in no way sorry I went that route.

@luxurybuzz3681 2 дня назад

Did you see Boston Dynamics construction robot?

@jmnthe3rd 2 дня назад

@@human1513 yes, but also true: many college graduates make more $$$ than most trades people.

@chriskatranis3755 2 дня назад

I work for a company and I have for my whole life and I reached financial freedom at 35 when I paid off my mortgage. I never had to renew my mortgage. I have put away a few Million since then and I did it by working for a company. I worked to a unionized company, so I got a union wage. Today I am worth a few $ Million.

@seltzermint5 2 дня назад

I am doing well working for a company and love a lot of the perks involved. I don't wish to own my own business. In the USA it would not make financial sense for a lot of people to work for themselves and pay insane healthcare premiums.

@yulduzrakhimova4376 2 дня назад

@@seltzermint5 exactly. I am working for a big tech company and it is much better that to won a business.

@garyedmundschulz 2 дня назад

Im 3726 years old and I'm sick to my back teeth, of everyone prefacing their comment, with how old they are. Growing old is mandatory, growing up is optional.

@Melly3112-ox3ey 2 дня назад

Stating one's age can be relevant when discussing finances. My first house--a new build--cost about the current price of an e-bike. If folks mentioning their age bothers you, stay away from the US election sites. There, posters not only state their age, but also their gender, race, religion, and often their sexual orientation.

@x-latetv-x6816 2 дня назад

Screw you im 3727 years old😂

@seltzermint5 2 дня назад

definitely disagree as people have a wide variety of different experiences and reference points based on their ages.

@jeffmunkynutz1568 2 дня назад

@garyedmundschulz That comment is fantastically refreshing. Brutal, but great.

@garyedmundschulz 2 дня назад

@Melly3112-ox3ey Oh for the love of Pete! You are just reinforcing my point. No matter what the video, or topic, there is always some schmuck that believes their age adds weight to their comment. Watch any music video. The comments are loaded with these people. Comparing a new house build, some "x" number of years ago to the cost of an e-bike today (highly doubtful), or going off on some political tangent, doesn't make an argument to my point.

@teachertracee День назад

I’m a CPA and a teacher. You did a great job of explaining taxes. And investing. And car payments. I’ve had clients making well over 6 figures who had to put their electric bill on a credit card. Love your channel!

@seltzermint5 2 дня назад

I strongly believe that point 2 about a college degree is true, but wasn't true until maybe 2012-present. As someone who graduated college in 2000, I absolutely reaped advantages when starting my career that made it completely worthwhile even just having a broader humanities degree. Up 'til 2010+ I really think MOST employers insisted on a bachelor's degree from all candidates for "good jobs"...then it completely flipped, and now it's mostly just needed for specific career paths.

@emc6511 2 дня назад

Another degree scam, MBA. Cannot count the number of people I know that paid in time & money, while working, to get an MBA, and it got them nowhere.

@johnathin0061892 2 дня назад

No, her point about college has been true for a long time. Ask a Gen-Xer with college debt. Plenty of us got screwed over with the whole "a degree is a guarantee of a good job" baloney. It hasn't been a guarantee of a good job in 50+ years.

@ThorIsBoss День назад

It’s been true for useless degrees for a long time. It is criminal that colleges give them out without being forced to tell the victims they will end up as waiters with huge student loans. STEM is probably still a good bet but outsourcing curd bee we a problem of course.

@JP-ve7or День назад

@johnathin0061892 guess it varies. I'm a Gen Xer with a state college degree, back when it was a fraction of what it costs now. That degree got me better starting salary at a large corporation in the late 90s.

@lornak72 2 дня назад

every video of yours sends at least 5 lightbulb realisations popping up over my head. your advice helps me a ton, please make a part 2 :)

@Robert-gh8mv 2 дня назад

Great video for all students to watch. Personally I have lived by most of these life rules and at age 74 I can confirm, they work, but must be done in unison and consistently. Only caveat, achieving financial freedom and working for a wage/salary are not mutually exclusive, follow the rest of the rules and it will work.

@obietravels652 День назад

Retiring at 55. Love your content, and it is highly relevant in today’s labor market. A couple of key points to contrast: 1) earning a degree dramatically increases lifetime earning potential and is absolutely required in many fields. The key is to choose a career wisely and not go into debt for a degree that will not garner better salary. 2) working for an employer can provide benefits that self-employment does not. Specifically, group-rate health, life, and disability insurance, matching 401-k contributions, and -the gold star-lifetime pensions. Yes, live below your means, pay cash, be disciplined -I found that having an employer-sponsored investment helped with the discipline for investing.

@davidcox8580 2 дня назад

Facts. I got laid off from my job over a month ago. I have a mortgage and all the living expenses that come with owning a home. I don’t, however, have credit card debt, a car payment, or any other debt. I’ve lived within my means. My bank account has not gone down since losing my job. It’s actually increased as I’ve found ways to bring in some money. Being a slave to debt is your own fault, no one else’s.

@mrjuvy49 2 дня назад

Well put, I am paying off debt like a madman.

@couscous7ar 2 дня назад

mortgage is a type of debt though too

@mrjuvy49 2 дня назад

But also a tool to leverage your assets, it does need to be paid off quickly, I agree. I have had a paid off house before ( 2003) but my dream house is expensive.

@hwhack 2 дня назад

I'm an engineer with three engineering degrees with the word science in them. There's simply no other way to become an engineer a biologist a chemist or a medical doctor. College is an absolute necessity for the sciences. I think what you really mean to say is that college for a liberal arts degree is of limited to no value

@seltzermint5 2 дня назад

liberal arts, yes, and also hotel management, business in general, many computer-related positions, and even a lot of social work and public service jobs now have very relaxed educational requirements. In some areas, even teachers can often get formerly bachelor degree required jobs with a 2 yr degree and/or some experience in their fields. Of course this is partly because teaching pays so badly and no one wants to do it, and education is suffering...but that's the reality in many parts of the US now.

@jmnthe3rd 2 дня назад

I'm a teacher. You can't even substitute without a bachelor's degree in my state. Could I find a way to make more money doing something else that doesn't require my degree? Possibly. But so what? There's nothing else I really want to do. Given my grades and test scores, I probably also could have done just fine majoring in a science too. My point is, this needs to be a nuanced discussion, not a one-minute clickbait “college usually isn’t worth it” argument.

@seltzermint5 2 дня назад

@@jmnthe3rd your state must be so much better staffed than the one I am in or adjacent to, where 60 hours of college credit gets you in as a sub and during 2020-2022 they were certifying teachers for K-12 with associate degrees due to staffing shortages. I do agree that it's NOT as cut and dry as "college isn't worth it". I feel like I have been treated differently in every single job during my career because I have a bachelor's degree, which to me makes it worth it...but I'm not sure I would follow that path today with tuition increasing almost 400% at my alma mater. Who knows.

@couscous7ar 2 дня назад

and if your country’s college system is overpriced, I suggest looking to other countries where college fees are low to and the cost of living is bearable

@mariolibertad9972 2 дня назад

College is a financial scam. Everything I learned in college I had to learn on myself. The so called teachers don't do shit

@libbysworld7649 2 дня назад

Definitely make a part 2 please. Solid advice!

@AccordingtoNicole 2 дня назад

🙏🏼

@LR-ei5ej 2 дня назад

Great Job - Part 2 please!

@rabidgoon 2 дня назад

i have a friend who was making over 100k per year in sales. but then he lost his job and before he got his final paycheck he was 'out of money' - like i mean completely broke. Had no money for groceries that week until that final paycheck was deposited. He said he was spending his money on landscaping and remodeling. LOL. Like, you couldn't even stash away 100 bucks a week for that year you were bringing home 1800/week? When I hear about these people who are struggling while making a lot of money, I automatically assume they're the same kind of person. No excuses accepted. It's a personal fault.

@nickpapagiorgio702 2 дня назад

And all the Go-Fund-Me crap. Need money for vet bills, car repairs, grandma's funeral, etc. I guess they just assumed their car was magic and grandma was immortal?

@rabidgoon 2 дня назад

@@nickpapagiorgio702 what I’ve noticed over the years is that way too many people budget for perfection. Like, their budget has no room for surprise expenses. As an anxious worrier, i can’t imagine not stashing money for unforeseen events.

@seltzermint5 2 дня назад

yep! I feel like one of my first BIG wake up calls about financial wellness was when I was in my late 20s, had a few grand in the bank but felt I was way behind on everything and failing financially. A top supervisor at my job, with a bigger house and BMW, was crying because she couldn't afford a 700 dollar car repair. I was like wait, what!? Why can't she afford it? Similar with people who whined about a 400 dollar vet bill. I totally get that unexpected expenses can pile up but it really showed me I wasn't doing as badly as I thought because for me that stuff would have been like "bummer, less in my savings now" not a dire situation. 20 years later I still think about that and it still blows my mind.

@seltzermint5 2 дня назад

@@nickpapagiorgio702 COMPLETELY agree. I know way too many people who have the means to be financially solvent and are not. It boggles my mind. I know someone currently on a cruise vacation who has a brand new vehicle and is a single homeowner but raised money for a family member's cremation on Go Fund Me just weeks ago. If I were to do that, I would feel very embarrassed and ashamed. People think it's quite normal!

@Kimi95B 2 дня назад

40 sec ago I see Nicole I click

@moredatesmorefiber3526 2 дня назад

Why?

@truthlove607 18 часов назад

Love your common sense and logic. Thank you.

@LindaDooWop День назад

I love how you get to the point, Ncole! You could never be boring, even if you tried!

@sthera101 2 дня назад

Well this is no bs advice! Pt 2 plz

@arconklin43 День назад

Yes to a part 2! I always love what you share.

@timoffreethought580 2 дня назад

I've had to explain our tax structure to soo many people. I usually start by asking if they would rather earn 100 grand or 75 grand ! There is so much ignorance out there, it's hard to believe. Great video as usual !

@amers50 2 дня назад

Thank you for being clear and direct about the point you are trying to make- you are economical with your viewers' time, which I greatly appreciate! These are really important financial lessons (some mistakes I've made myself and ALL I'd like to prevent my kids from making). Thanks for sharing and all the work you put into making your content.

@proehm 2 дня назад

The cavaet about taxes on something like overtime is that all of that specific money is taxed at your highest marginal rate. Say you make $40/hr. If your overtime is $60, taxed at 37%, you get $37.80. Then you have to decide whether your time or the money is more valuable. (As you get older, time may matter more to you...)

@njay4361 День назад

She'll probably tell you that you're wrong and to re-watch the video slowly. What a dumb see u next tuesday!!!!

@anthonycastro2146 20 часов назад

Community colleges often have job training courses that can lead to very high paying jobs ex. radiology. Community colleges are pretty affordable.

@tavo_gus10 2 дня назад

You are 100% right…again. This video is on point.

@gmanblue2026 16 часов назад

There was a time when getting a degree confirmed that you were literate, and capable of rational thought. Not so much now that college is about wokeism. STEM degrees have always had the potential of greater rewards, but a bad economy can derail them too, and they still require you to get relavent experience to be marketable.

@Lotusblume.8 2 дня назад

Thank you💕 Thank you💕 Thank you💕 Nicole! I agree 100% with you! I live below my means on a Florida teacher salary. We’re at the bottom of the bucket in the USA. But I’m debt free and plan to work part time during my retirement and leave the USA.

@learningisfun2108 2 дня назад

I’m a retired teacher from Ontario (really good pay here and an excellent, albeit expensive, pension). What do Florida teachers make?

@timp2663 16 часов назад

One of the best things my parents taught me was to live below your means.

@lindabarnes5235 2 дня назад

Yes, part 2

@stevenmichaelmarlowe 2 дня назад

This woman is a beast!!

@bridge7528 2 дня назад

My husband and I both work For others. Ive been a teacher In Massachusetts for 30 years. Retiring next year and my pension will be 80k a year for the rest of my life( I’m 57). We also have no debt( no mortgage either), a rental property, my husband’s pension, and investments over 2 million, all while working for someone else.

@hermonorossco7988 2 дня назад

80k a year pension as a teacher is crazy. I always hear teachers complain they don’t get paid enough.

@bridge7528 День назад

@@hermonorossco7988 Massachusetts pays very well.

@ThorIsBoss День назад

@bridge7528 Good job. Now get out of Massachusetts and you will really be wealthy. The prices I hear from friends up there, YOUCH.

@jmnthe3rd 5 минут назад

@@hermonorossco7988 it depends a lot on the state. Keep in mind, the cost of living in Massachusetts. With a good union, constantly fighting for every penny, teacher compensation trends towards the lifetime average compensation for people with bachelor's degrees. Despite the claims of this video, that's actually a pretty decent deal. What you hear in the news is how often politicians want to refuse teachers cost-of-living raises, gut pension funds and cut benefits. When the government controls an entire sector it's very tempting and easy to just cut teachers out of the budget on a whim. Teaching is actually a demanding job, not just knowing the subject, but getting a large group of kids from all walks of life to all do their work and learn the material, all day, every day. You don’t need to be a genius to do it. But you definitely don’t want a pool of teachers who all graduated at the bottom of their class.

@Steve-le8pv 11 часов назад

The most intelligent, sane financial advice I have viewed on RU-vid. Nice work!

@matthewsheets8115 2 дня назад

Tax consultant here, It never ceases to amaze me that people turn down overtime because of the additional taxes. When I sit down with my clients I usually get a little smart-alick-y and say “give me the extra 5,000 and I’ll gladly pay the taxes on it” 🤣 Anyway, one quick tip to reverse the taxes payable on additional income would be to take the exact amount extra you’ve earned and throw it in an RRSP. Then you recoup every dime you paid in taxes on that money and it comes back to you in the form of a tax refund.

@AccordingtoNicole 2 дня назад

If I contribute to my RRSP but plan to withdraw and use the funds long before 71, the withholding tax will negate my income tax savings, correct?

@watamatafoyu 2 дня назад

Because people have lives to live and things to take care of and shouldn't be dedicating their nature-given free time to live for work.

@JordanS-ww4eu 2 дня назад

@@AccordingtoNicoleyou’re my best friend Nicole I really like you ❤❤❤❤❤❤❤❤❤

@JordanS-ww4eu 2 дня назад

@@AccordingtoNicoleyou’re very pretty

@matthewsheets8115 2 дня назад

Withholding tax is basically a pre-payment of taxes owing on that money for that tax year. Consider it an installment to your taxes owing. It gets applied against your tax bill for that year. If you’re in the same bracket as the year you made the contribution, it ends up being a wash transaction. Save 1000 in taxes now, pay 1000 in taxes later. This can still be advantageous because you get tax deferred growth for all the years in between. So to answer your question, I’d say no it doesn’t negate the income tax savings. One thing to consider when contributing and withdrawing though, is that you lose that contribution room permanently. Can’t get it back.

@sunshiniesmile 2 дня назад

When we finished college my husband was like “that was pointless” thats when i changed my mindset about college. We’re not saving up money for school for our kids we’re just saving money that they can have to do something productive with

@amandunn 2 дня назад

Thanks so much Nicole! ❤

@alisonjones9089 2 дня назад

I love your directness. Don't necessarily agree with self employment. No holiday pay no company benefits no employers contributions..... let's here more

@luxurybuzz3681 2 дня назад

I disagree with this. Benefits are traps

@couscous7ar 2 дня назад

salaried work makes sense if you truly LOVE your job and can accept that a boss tells you when to work and when you can take days off

@bunny_smith 2 дня назад

I love your thoughts. However, I wish you would consider the benefit of education beyond economic ROI. I am a teacher. I do work for the man (collectively.) Despite this, I am financially secure. Also, were I not a teacher, children would not get a free, public education. Because I studied humanities and, as a result love human culture, the personal ROI for me increased exponentially. Immeasuably. Living life is about enjoying life, whether that means having an exotic coffee habit or appreciating culture. I don't expect you to change your views or regret your life decisions, only to acknowledge there is nuance here.

@tetedur377 2 дня назад

A free public education isn't free. An educated individual such as yourself should know that.

@soopyos 2 дня назад

I agree. Living is about learning and growing. Never stop learning

@soopyos 2 дня назад

@@tetedur377We are going to be taxed whether we like it or not and if that money goes to schooling (as it should) then public school is technically free because you are not paying yearly tuition.

@jmnthe3rd 2 дня назад

I agree. There are also other measurable non-monetary benefits to having a degree, greater civic engagement, better healthcare (in the US), higher job satisfaction.

@mementomori1022 День назад

@@jmnthe3rdnone of those make sense.

@jolenetwomey8280 2 дня назад

A college degree as a guarantee to a better job stopped in the early '70s or so if not before. But moving back to the small town in southern Illinois where I went for undergrad has proven to be the best financial decision I ever made.

@seltzermint5 2 дня назад

I know it may vary depending on area and industries but when I graduated college in 2000, it opened up like every field to me. Some of my smart, accomplished friends who didn't have a degree couldn't even get interviews except retail and similar. So while I agree that degrees aren't necessary anymore, I think it went a lot further than the 70s at least in my area.

@jmnthe3rd 2 дня назад

Nothing is a guarantee, never was, never will be. The discussion on college needs to be more nuanced. Some degrees are worth more than others, and a ridiculous number of students are starting college and never even completing a degree.

@seltzermint5 2 дня назад

@@jmnthe3rd hasn't that pretty much always been the case though (at least since the 80s)? Every bright/middle class high school grad trots off to college but then just a smaller percentage complete their degree?

@mafp22w 2 дня назад

1) it is criminal that in many ways the government has made it illegal to live beyond one’s means. 2) We as a society need to do ourselves a favor: put colleges and other industries that aren’t looking after their customers interest out of business. This includes medicine and big Pharma. 3) Cars are an expense, not an investment. Never buy a car with debt. 4) The best investment, overall, is not spending. You will always have money when you don’t spend. 5) More evil than taxes is deficit spending by governments. Deficit spending is inflation. The cost, or tax, of inflation is paid almost entirely by the poor. They spend most of everything they make, so they do not have assets that go up in value with inflation.

@tomdixon1213 2 дня назад

Don’t forget big food which has everybody addicted to sugar, the most common recreational drug.

@johnathin0061892 2 дня назад

Deficit spending is theft. And 99% of Americans don't even know or understand that. The national debt caused the cost of everything to go up 40%+ because all the government can do is inflate the currency to keep up with the payments. Then again, 99% keep voting for the Uniparty so I shouldn't be surprised.

@JP-ve7or День назад

It is dire times indeed when eliminating education, healthcare, and medicine are seen by some as a solution to anything.

@mafp22w День назад

@@JP-ve7or I know many have a disdain for the founding fathers in the USA, but they did pretty great without these things. Just because someone is in business for a seemingly good cause does not at all mean they have your interest at heart.

@mementomori1022 День назад

Number one makes no sense whatsoever. Might want to rethink whatever you’re trying to say there. Re: number 3, even used cars are not an out of pocket expense for many people. If your car dies or gets totaled, you’re unlikely to get enough of an insurance payment to cover a replacement, and if you don’t have enough money saved yet and need a car, a loan on terms you can repay is a reasonable option.

@g.q.8469 2 дня назад

Definitely want a part 2 please 😊. Awesome as always.

@Learnmoretoday59 2 дня назад

Studies show that college can make a significant difference, income wise. The key is what you study and the college you attend. Most people who study challenging subjects such as engineering, medicine, and accounting do well. Others who find success as business owners also standout. And approximately 88% of millionaires in the United States are college graduates.

@alisonfraser8231 2 дня назад

Yes, but the vast majority of them come from generational wealth. As one who held a full-time job and graduated with student debt, I'd never do it again. Like with the car, you need to be able to pay for it upfront. On the other hand, I have benefitted immeasurably from my education in non-monetary ways. I'd just be afraid to do it again. I almost fell through the cracks.

@johnathin0061892 2 дня назад

Don't get a degree in anything that can be outsourced overseas, or can be done by importing cut rate foreign labor. Even degrees in things like STEM can often easily be replaced with foreigners or had cheaper elsewhere in the world (and your government will do nothing in the future but make it easier for employers to do this.)

@123lowp 2 дня назад

@@johnathin0061892 Software Engineer with Top Secret clearance on a government contract cannot be outsourced

@SamClemens-id3cl 2 дня назад

I went to college a long time ago...before the economy changed. Back then, not everyone wentbto college. Those who did; the major chosen was important. Parents got upset if you chose liberal arts, art, wtiting, etc.... They wanted to see you in STEM, programming, or business administration. Those were the ones that paid off. Back then, those majors, if you could hack it, would end up in increased income for your lifetime. Thw increased cost of college & the sh*ttier economy & attitudes anout how workers should ne treated has changed the situation. College always was a risk & invesrment. Today, its much, much riskier. Imho. Love the channel. Compketely afdicted.....keep it up.

@IsisBarrett-Lally 2 дня назад

I think where people often get confused with marginal tax systems is when there are means tested state benefits, which someone would become ineligible for if they earnt over the threshold. We have a means tested benefit called Carer's Allowance in the UK, for example, for people who look after family members. This is means tested at £151 a week! It's a good example because this is such a low threshold and there are lots of stories of people accidently becoming ineligible by less than £50 they earnt for a few hours of overtime..! I agree that it's such an important idea to debunk that taxes makes working more hours worthless, as so many people often repeat this myth. I love these checklist videos and seeing how many I can tick off I already know/do!

@emc6511 2 дня назад

Good catch. USA also. There are state / fed benefits programs that restrict if even $1 over. Person must know as they go through the year and be sure whether more is truly more -or- if more is a penalty trap.

@laundrygoddess4 18 часов назад

Part two please. I like it when you tell people they can control their financial situation. I say that and I get called names

@chriskatranis3755 2 дня назад

College and University is important. Yes. You pay for your education, but in the long run you are better off with an education. You have the ability to get higher paying, secure jobs in the field that interests you, so you enjoy what you are doing and you have a career, not simply a job. As far as cost goes there are education funds that parents open up when they have children to pay for University. Parents open these University funds early and they have plenty at the end to pay for University. Ask the doctors, Nurses, Lawyers, Engineers, etc., if education is worth it. It is. There are kids that have to pay for their education because there was no fund set up or parents can't afford to pay and they end up with a high debt. That is unfortunate, but overall a College or University education is worth it.

@seltzermint5 2 дня назад

I think in the types of positions you mentioned, you are absolutely correct - a degree is essential! But more and more I've seen that other general jobs in companies don't require degrees. 20 years ago if you were going into HR, quality assurance, business management (even retail level)...you absolutely needed at least a bachelor's degree to even get an interview for something paying over minimum wage. That's no longer the case. In my state they have even relaxed the standards so much that you can become a certified teacher or social worker with less than a college degree. I have my own opinions on that, but it's the reality.

@greatriffishere День назад

Great video Nicole. I just subscribed because you are amazing. This video is perfect and covers all the major points that I would love to discuss with certain family members. When I was watching this video I felt like you were reading my mind. I literally live the life that you are talking about 24/7 and it has been great for my finances. No car payment is indeed the key to success. Cheers from Texas !!

@ruminatorseb 2 дня назад

Wise words Nicole, my mother is an accountant and I am happy that she teached me well about the value of money !

@ELIZABETHhunter-v3w День назад

Nicole, I wanted to thank you for the advice of saving $17 per day. I was able to pay off my car note recently, and truly....thank you! Best advice EVER!!!

@AccordingtoNicole День назад

Great job!

@CARLiCON 2 дня назад

people making six figures, living paycheck to paycheck won't thrive by starting their own business, as they will make the same dumb money decisions for the business..like spending more than you're making..or buying stupid stuff

@seltzermint5 2 дня назад

Agree 100%

@dawkrb 23 часа назад

Real Talk-Keep up the good work!

@PalHalsne 2 дня назад

BRAVO Nicole!! 👏 This is a really good one! 👍 Clearly explained. Straight to the point. Simple and inspirational! Really, really good!! Think if only youtube had more of this. An education for free, right there!! Thanks! 👍

@CG-uk1vz 2 дня назад

Spot on about the taxes. It's surprising how many people don't understand the marginal tax system.

@financialminimalist344 2 дня назад

WOW! I TOTALLY AGREE!

@orionlevi1864 2 дня назад

Stop cursing because it is a sign of lack of vocabulary....I've been living a hard core lifestyle for almost my whole life because of life choice of not focusing on $ at all. I've eliminated my shelter for the past couple of years & now own a 1988 trailer. I like this video better than any you have previously created. I've never invested in stocks, bonds, or other intangible investments.. I own a trailer & car outright. Since I've reduced my overhead to a few hundred per month not including gas & food. I'm finally on the verge of building wealth by buying silver & prospecting for gold. Great advice Nicole & a safe subject still to not get your channel cancelled. Best wishes, Orion

@abrahams.lincoln6749 2 дня назад

Great financial advice. Thanks Nicole.

@ianwinegardner 2 дня назад

It amazes me how many people don't understand taxes in the US. Just last week, I had to explain this to a coworker and they are a knowledgeable person who is older and far more experienced than me. It was funny to see the look on his face; I wonder how much overtime he has missed out on in his career.

@adobeman6379 2 дня назад

Great info, as a soon to retire small business owner, I could not agree with you more! I always believed some basic business guidelines, over deliver on your product, be honest on pricing and costs, treat employees and customers with respect, and finally slow and steady wins the race. Thanks for your "old time" advice, this video should be required viewing for all high school kids!

@neillegault 2 дня назад

Great video. One day a long time ago decided to just pay with my debit card instead of my credit card. I was so used to "collect the points" that often I kept a large balance. CC is dept no matter how much the bank wants you to believe "Your richer than you think" Now I have a large balance in my debit account enough to remove the overdraft and get the bank fees credited which is 5%. And if I need to in a pinch I have access to cash to pay a large expense. Paying with my debit only helped me get out of CC dept.

@kristalynn7877 2 дня назад

At my work we had to hire someone. As we were going through the resumes we all agreed on someone as our pick to interview. They ended up being the perfect candidate for this specific position. However, HR wouldn’t approve the pay & position due to them not having the required degree which was one of the requirements for this specific position. We however liked this individual and they had the experience, so it was unfortunate. I 💯 agree with the first part of this video though on managing money being the problem for some people.

@nickpapagiorgio702 2 дня назад

So he'll go down the street and work for another place with a less stupid HR. No biggie.

@seltzermint5 2 дня назад

That sounds like the norm in the 90s and early 00s. But in my experience most companies have now relaxed their requirements on most positions and are MUCH more willing to accept equivalent experience in lieu of a degree, or bypass both for the "right" candidates. It happens so much more, definitely a BIG shift in the Midwest for sure and other areas as well (USA).

@human1513 2 дня назад

For some positons a degree, licence or certificate is required legally so the employer does not get sued if the employee makes a mistake (no humam is perfect). Such if they need a brain surgeon then the employee must have the degree(s). If an auto repair shop needs a mechanic the new employee needs to have a valid mechanic's licence for business insurance purposed. Same for a transport truck driver. No licence no driving because if the driver was in an accident not of their fault the police, courts & insurance would crush the company. And the person who was the cause of the accident can sue the driver & their employer for not having an industry standard qualified driver.

@seltzermint5 2 дня назад

@@human1513 absolutely true! But I do think there are many thousands of positions that fall outside the certified, licensed, highly specialized stuff and allow for companies to hire candidates they deem qualified for the position.

@Ken222 День назад

Yes make part 2 Nicole. Sometimes post secondary education is necessary depending on what you want to do. For example, to be a registered massage therapist in Canada, you need to go though school and then pass certain exams to get a license (something like that).

@ornellacaponi День назад

Amazing video, you work for 40yrs to have $1M in your retirement, mean while some people are putting just $10K into trading from just few months ago and now they are multimillionaires

@GaryWarren-em7el День назад

Investing in stocks & crypto is a good idea,a good trading system would put you thought Many day's of success.

@Sophia3v3 День назад

People prefer to spend money on liabilities, Rather than investing in assets and be very profitable.

@DeborahAnthony-bh8dp День назад

You're so correct save,invest and spend for necessities and few luxuries relative's to one's total assets ratio.

@Sliver-p8t День назад

Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, tone like mrs Geraldine Lane.

@AlexanderSeibold-pf3ep День назад

I began investing in stocks and Def earlier this year, and it is the best choice I've ever made. My portfolio is rounding up to almost a million and I have realized that when a stock makes it to the news, chances are you're quite late to the party, the idea is to get in early on blue chips before it becomes public. There are lots of life changing opportunities in the market, and maximize it.

@theeminitrader 2 дня назад

well, i’m 70 and to be frank “ you kick ass”. BRAVO. i will subscribe 😊😂😂

@SamClemens-id3cl 2 дня назад

Just a comment: i believe credit can be used wisely. Know yourself, though. I think most people i know...cannot.

@colleenmarin8907 2 дня назад

I agree. I pay all my recurring monthly automatic payments on my credit card, for which I earn points for cash back. Don't go on a spending spree; this just creates a dopamine followed by regret spiral

@tetedur377 2 дня назад

Exactly. If I'm paying $400.00 a month on a new car, which I can afford, easily, and my interest rate is, say 3.9% (I haven't looked lately - not in the market), and my investment account is consistently paying 7.4% (again, having looked lately), why would I take the $40K that's making me 7.4% interest and pay off a vehicle that's only costing me 3.9%? Effectively, I'm "only" making 3.5% interest on my investment account instead of 7.4%, but that's still way more than a regular bank or even credit union savings account.

@jmnthe3rd 2 дня назад

@@tetedur377 that's called leveraged debt. You are putting yourself in a riskier investment situation when you do that. If your investments aren't risky enough and you want to add risk with leverage, that's fine. But just know that you're not truly getting something for nothing. What happens if the market takes a dive and you lose your job at the same time?

@lilblackduc7312 2 дня назад

I worked Credit Extension for years at a major bank. Quote me: "Open credit is an open coffin".

@nohandlehere55 2 дня назад

I went to college and it wasn't even a debate, BUT it was always to get a career and I was surrounded by others with careers that paid in mind. We went into engineering, medicine or business. My graduate school was paid by my employer. Oh, and I was lucky enough to live in a lower cost metro area with a state college that had many programs to choose at lower tuition, so lived at home and graduated debt free with a technical degree. I still had the college experience and worked part-time and got paid internships.

@brianc6218 2 дня назад

Very smart advice. I wish I would have learned this in my teens or early twenties. It’s a shame this isn’t taught in school. This society is so focused on consumption that I doubt it will ever change.

@dianaray1470 14 часов назад

It always astounds me of the knowledge you have. You’re awesome girlie 🥰

@Livingthedream157 2 дня назад

LOVE, LOVE, LOVE your videos!

@AccordingtoNicole 2 дня назад

Thank you ☺️

@suzywernet5312 2 дня назад

Yes, I’d like a follow up. I wish I could start my life over as I am 73. I am hoping my adult kids listen to you,

@FlukasMcDoogle 2 дня назад

This video makes me so glad I went to college for nursing. I consider nursing more of a trade / career with a great outlook for job security and decent pay. And I went to a community college for my LPN, community college for my RN, and will complete my BSN (required for advancement) online. I’m 47, and this is great advice for any age, tyvm!

@mrwillwgp 2 дня назад

It's simply because when you make more you spend more. Then you don't have more. That's all.

@Dynasty1818 2 дня назад

Not necessarily, it's entirely on the individual to be smart. I went from earning $40k a year to $50k a year in my current job, and my buying habits didn't really change. Sure, I splurge here and there on quality bedding or a new monitor or whatever, but only when stuff breaks or gets tired boss. I save roughly 1.5 grand a month and still buy own-brand foods, own-brand alcohols, own-brand clothing or just straight up 2nd hand stuff if I want better quality (a 400 bucks wool coat for 70 bucks 2nd hand, 60 bucks of Converse for 15 bucks 2nd hand etc etc). I drive a car that is now 11 years old and got it 2nd hand, paid cash. No loans. Only money I "owe" is my mortgage, as I paid off my student debt some 6 years ago. If you actually look in to "rich" people or people that are comfortable and "well off", they have old stuff. Old car, old clothing etc. They don't spend much. It's always the "got a new Mercedes" types that are struggling as they're playing the moronic Joneses game.

@rimowa33 2 дня назад

Yes to a part 2, Nicole

@rickcooper156 2 дня назад

I'm 56 and have been happily living a Minimalist Life in my Toyota SUV for the past 5 years... Im debt free and my monthly bills are less than $500 and I live like a King with all the money I save. Travel and Life Experiences are where I place my Focus and I'm Living a Life with No Regrets! And you can do it too!!!

@DanielJesseLife 2 дня назад

I'm a high school teacher and I know for a fact that American high schools "funding" is directly connected to how many students apply to college. So the College coordinator person is on the students like white on rice to fill out the college applications - even if they don't want to go. Just fill out the damn application - because our funding depends on it. It's a total racket.

@markritacco270 2 дня назад

🤯🤡🌏

@jmnthe3rd 2 дня назад

Yes, we point just about anyone who doesn't have a plan towards community college, even students who are barely getting through high school. Guess what happens to students who don't have a plan in community college? None of them ever finish. For driven students without financial means and average SAT scores, community colleges can be real life savers, but this is no more than half of the students who enroll.

@snowflakeca2079 2 дня назад

Interest rates are a HUGE FACTOR in whether you finance ANYTHING….

@SamClemens-id3cl 2 дня назад

I had to pay like 12 percent interest on my 1st house. It was an investment that totally paid off.

@human1513 2 дня назад

Not totally. Only if maybe using a loan if the interest is 3% or less. Often it is because they buy things that cost too much, that they really do not need, or are not patient enough to set aside dollars over time to buy it.

@AhhhSukeSuke 2 дня назад

Yes and no. Put it this way: would you rather have your savings DEFLATE in purchasing power 3-5% because of inflation? Or, continuing to pay $2400 for a 1 bedroom condo, instead of an accelerated mortgage $2200 -- and have a home in 10 years? Yes. Its a damn ton of money-- and no, im not 100k salary. I'm literally counting every penny, eyeing my every spending. Yes the bank's gain is a complete scam, but my home isn't going to deflate on me 5% every year

@rickcooper156 2 дня назад

I'd LOVE to watch a Part 2 of this video! I value all of your videos!!!

@tonybadger9214 2 дня назад

this was awesome. Yes please to part 2.

@AW-zp7od День назад

I’ve started distancing myself from so many friends because I grew up actually poor and they’re always complaining about how broke they are… right before showing off their second $150 SHEIN haul of the month

@andreabellini6796 2 дня назад

During Covid I got laid off from the MGM Corporation. I started my own eco friendly cleaning business and 4 years later I’m fairly successful and make 3xs the amount I did working for someone else and I work about 20-25 hours a week. $50 an hour and up and I still live way below my means. No college required