Great tips! Outsourcing (paying money to buy yourself more time) and taking vacations (experiences over things) are legit scientifically proven ways to buy happiness. We probably don't do it as often as we should, but we're also not rich...yet.--Tasha
hi guys, interested in becoming richer the best results that i've ever had was with the Reality crusher secret (just google it) without a doubt the most useful guide that I have ever tried.
+One Big Happy Life I have spent months studying life improving after which we found an awesome website at Reality crusher secret (check it out on google)
I have this question: rich people behave like that when they are already rich or they broke af but then behave like that and became rich???? Thank you.
Hi Chelsea. My daughter thought this would be of interest to me, and she was right. As a wealthy person now, (as defined by being in the top 1% of Americans by net worth) who was actually a broke person 20 years ago, I agree with your eight differences about how the wealthy think. I also have a list of differences (I call them attitudes) of the wealthy, and my list has nine items on it, and only two of them sort of match your list. Please let me know if you would like to see my list of nine different attitudes that anyone can adopt. And I only have one thing I disagree with, but it was not your list. It was a comment you made prior to starting your list. You said money can change who a person is, like they become less empathetic. Instead, I believe the quote from Warren Buffet is very accurate: "Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars." Your other comment that we do ask questions and want to make our life easier is also something I agree with. Asking questions is one of the key items on my list of nine attitudes.
DBR Liamg When people say "scientifically proven" it suggests that there are definite put away in the cupboard answers in science. Even the most solid theories we have should be described as "scientifically suggested/shown." In my biology course, we would get points off short answers if we said "proven." I wasn't trying to drag them, it's just a common thing people do that betrays a subtle misunderstanding science.
Hey! Not sure how knowledgeable you are in this field, but any chance you’d be able to make s video for those of us in the market for a new car? New vs. used vs. leasing, etc.? I would really appreciate I.T!
Time is something we can't buy which is why those who are wealthy are always looking for ways to gain time back i.e. cleaning service, outsourcing, personal assistant, etc. This video was very well put together. I'm consistently wanting to learn about the way wealthy individuals think and work.
@ Dirt 117: I think the only grammatical mistake TruFinancials made was the use of "learning" instead of "learn." I assume he knows the correct form. He probably just typed that very quickly and didn't proofread his TH-cam post. Moreover, why didn't *you* use proper grammar in your post, Dirt 117? You shouldn't start your sentence like that. Capitalize the first letter of every sentence and place a period at the end of every sentence. Practice what you preach!
@Jacqueline - That seemed to be the case. I should have proofread the comment before posting. I corrected my mistake :) Thank you for kindly pointing it out.
I know wealthy people and most wealthy people do not follow any of the advice in her previous videos, so why is she speaking for them here? I was born wealthy and I'm sick of wealthy people being praised when most wealthy people are not wealthy because they are more careful, but because of luck. That includes either being born into money or raised with a good education that enables them to earn without excessive debt. Most wealthy people earn more, they do not spend less. She seems to be focused on highly entrepreneurial types, something she should highlight in the title.
It’s true about the discussing money. It’s about context people don’t talk about it socially but if you have and advisor of some kind you are literally paying them
You are AMAZING. So young but so driven!! I feel that your advice is targeted towards millenials, but I am a 63 year old retired teacher and I find your videos very informative, thought inspiring & very often amusing. I am too old to start "investing", but I'm pleased that you are teaching young women that they are responsible for their own financial future & well being. I watch you every day; you've become an interesting, valuable "friend" who I sit down with & get ideas from. I wish that You Tube had been around when I was young as I am..er...aspire to be a writer & believe that I may have the confident flair for public speaking that is needed to present content in such an enthralling way! (so I'm told..). I look forward to future videos & our daily visits.
63 is super young, my mum has just managed to convinced my 88 y o grandmother to invest her money in short terms investments. She's really happy when at the end of the month she has 90$ more than if she left the money into a regular savings account. She's not making millions obviously but it's better than nothing 😊
If you're incorporating sponsored content in your videos please clearly disclaim that in the title and in the beginning of the video. It's not cool to suddenly be getting a sales pitch in the middle of what was billed as just an informational video.
Well in this one, they did mention it at the beginning. (But yes, in previous videos, they have not.)
5 ปีที่แล้ว +5
If you have concerns about incorporating comments on a TH-cam video that you are watching for free please do so as constructive criticism and not using a demanding tone. And yes, I did use your tone in this reply for added sarcasm.
At 35, I'm finally feeling in control of my financial future, despite a few debts. I make good money, and have spent years perfecting my budget lifestyle, so I have extra money at the end of each month. I'm confident that my retirement savings are on track and I'm saving for a mortgage down payment next year. When it comes to my 'time value,' I try to avoid outsourcing - where possible. I'd rather learn how to do something myself, and keep my money, thus extending my time value. I've learned how to cut my own hair, cook restaurant quality meals, do my own landscaping, book keeping, home organizing, furniture restoration... I actually enjoy learning new life skills and save thousands a year by DIY'ing. If you approach these life duties as therapeutic, you can simultaneously relax while trimming trees or chopping garlic. I could get another job, but I'd rather learn skills for free while maximizing my cash flow. The rich seem to live for excess. I love little luxuries like weekly flowers, spa days and good wine.. I always make room for a few, but overall I prefer to live life more simply and get more out of time (ex. I travel quite a lot, I took 12 months off last year). Living a rich life doesn't have to mean living with excess. Just maximize what you have, and realize that time is fleeting.
Um, I respect and appreciate this content and understand why they're using sponsors. No issue here. In fact, please try for an audible sponsor so you can talk about financial literacy and all the great money mindset books out there. I want to hear about your favs. I loved The Richest Man in Babylon, Rich Dad Poor Dad, and am going to read You Are a Badass at Making Money by Jennifer Sincero next. Tell me more about why I should read your TFD book as well. :)
@artemisrain : have you read the wealthy barber, kind of a modern Richest man in babylon. Kiyosaki's new book Why Rich are Getting Richer is very good as well, as much as Rich Dad Poor Dad, in my opinion.
Give yourself permission to not do everything . . . Life is not meant to be one huge challenge that you take on totally alone . . . Still working on this.
One thing: please don’t say something is scientifically “proven”. Science can’t prove anything, and saying things like is is what sets up public expectation for science to “prove” things like global warming or vaccines not causing autism when that’s not actually possible based on definition (but which adds fuel to the fire of those debates because people don’t realize that proof isn’t possible).
Juil in Chelsea's opinion only the numbers on your banc account matter. This video gave me the impression that wealthier people are some kind of superhuman race and that you can only be happy and are worth something when you pursue being rich yourself. I'm glad that I have another definition of happiness and what defines a valuable human being
To be honest this channel is all good and well but there's a problem with the mentality. 'invest for retirement' 'live on a budget' 'ask your boss for a raise'. Guys if you want to become wealthy stop focusing on saving money, if you feel like your lifestyle congruent with your earnings -> go make more money. There are always options. Entrepeneurship for me personally has helped me alot in this regard and i'm only 21. What i'm trying to say to you guys, stop living in the illusion and cutting of your money just so you can invest for your retirement. But start focussing on the present time and focus on making more money instead of saving. Hope my rant gave some perspective to atleast one person. Cheers
Limvmil thank you! For some reason, everyone jumps on the same bandwagon when it comes to money and it’s just not how it works. These tips can get you above average life at the most (which is still a lot a for some people, no judgement there). But don’t call this “get rich” habits because they aren’t. The way to get rich is to leverage your abilities in order to bring value to more and more people, then, when money comes, pay off personal debt and invest the rest so it makes immediate income, like starting a fully functioning business, or investing in high value real estate (high value, not high price). These tips apply on how to be rich, not how to get there. And while the way to get there is following a certain framework, it’s mostly different for everyone.
Why not do both? Out earn your lifestyle AND put money back to grow passively for later. The fact is everyone has a peak earning time in their life self employed or 9-5. It's just good business to put money somewhere that it can grow passively for a time you can't/don't want to perform anymore. The problem with just making more money is most people tend to increase their lifestyle with their income meaning they have nicer things and net no extra money.
I watch your videos religiously. Probably your biggest fun in Kenya. Whoop! whoop! I need to say... Chelsea, you are hilarious! I watch your videos right before I leave my office because they put me on a high. Not to mention the financial emancipation lawd! Thank you.
Hey @thefinancialdiet the Status Money site only seems to be available for US customers. I'd really love to find out more about the Canadian city I'm living in. Is there a feedback form that I can contact them at to let them know it's time to expand? ;)
Definitely some good tips in there... one that made me thing was I should really get my groceries delivered, I always think it's lazy and I should just do it myself but I have a lot of chronic pain and anxiety that there's limited days I want to go food shopping.... therefore in reality I end up spending more on delivery food or not eating then getting groceries delivered which would be much more healthier.
I think the first caveat for this video needed to be that you will NEVER accumulate wealth unless you consistently live BELOW your income. Because statistics tell us that most of us are over-spending and under-saving.
Status looks great, but unfortunately I think it only works if you're in the US. I'd be interested to know if there's a similar service for people who live elsewhere (like the UK!)
Can you do a video on subscriptions/membership programs. Streaming, gyms, clubs, product bundles etc. Which are a true value? Is it cheaper to just buy your shows/products outright?
What hit me the most was the relaxation and dedicated vacations for myself, I have been working for a year without taking a real vacation and I am feeling stressed miserable and I feel like I am wasting my time. Even during weekends I have lots of things to do and take care of that I feel that I don't have TIME FOR ME! Thank you for reminding me of this, I needed this.
Any way you can list these point in the video on the blog as well? Wante dto write them down and carry them as a cheat sheet to remind myself waht im working towards.
This may be difficult, but it would amazing to interview CGP Grey about his habits. He has some pretty out there productivity tips and lifestyle. He talks about this a lot on his podcast with Myke Hurley (founder of Relay.fm) called Cortex.
Bravo, bravoooooooo!!!!! I think the very first thing I will do is to get a babysitter so I can focus more on my work at home or be able to go to the gym or whatever. I'm doing soooo much and think I deserve having a babysitter for a few hours. Who hears me out on this one?
Spectacular video. Aside from the practical advice, I also want a poster with the phrase, “Life is not meant to be one huge challenge you take on totally alone.”
Today I had a few urgent errands to run. I paid my younger sister to do them for me while I work on my online job. Also. Paid a lady to come do my laundry at a small fee just so I can get more time to do my work and still accomplish other tasks. As I turn 30 I've come to realise that time is very equal to money. Use it sparingly 😊
Taylor Howard ... LMAO... No. Many wealthy people donate a shit ton of money in order to write it off as charity & keep their figures within a certain range that gives them the biggest tax break. "Generosity" is not the same as a strategical purging of excess taxable income.
Your points are all still really helpful but your videos are tipping the balance in becoming an advert. I understand that sponsorship is a big part of keeping the site going but I wonder if it would be helpful for you to find a specific length of time that you talk about the product. At the moment, I would say it's too long.
Great tips but like a lot of wealthy people r literally just handed positions so it doesn't totally work that wealthy people do these things SELF MADE wealth people do these things
Mitch Hop That’s how capitalism works. Money is debt based. The more debt, the more poverty except in the government’s case. The more they print money, inflation and debt increases, and taxes go up.
Hi, not sure if you did this already but, can you make videos related to a family budget? Because 2 bags of groceries per week does not really work with two kids ahahah!
Ooo, i love the idea of Status! Thank you Millennials! Also, I highly recommend a housekeeper if you suffer from depression. It changed my life. No longer did I have the overwhelming task hanging over my head. I lost weight, started dating again, and was really enjoying life again, until I had to file bankruptcy. Lol back on my feet and beyond and reconsidering it for the benefits it gave me.
Bernie Cat Your post made me smile...sorry about the bankruptcy, and glad you’re getting back on your feet. When we moved into our house I told my husband I wanted to have a house cleaner-we both agreed it would be a marriage saver. He works long hours and cleaning paralyzes me and stresses me out. It has been so great, but I admit I vacillate between feeling thankful and guilty. I always have to talk myself out of the guilt of not doing it myself! Your post made me feel better about it-I think it’s great other people hire out for cleaning when it helps them, why would I not want the same for myself? Cheers!
Julie Flynn Cory oh gosh, please do not feel guilt. You are not only helping yourself and your marriage, you are helping the housekeeper. :) Win, win, win!
Julie Flynn Cory BTW, the Bankruptcy was the best thing I ever did for myself, even though its not cheap to file. I thought I knew everything when it came to money. I learned a lot. Had to struggle to pay for bills and food for the first time in my life (didnt realize I was living off my credit cards until I didnt have them any more). I will never ever get myself in that position again and be better off for it. :)
Don't rich people already have money to take risks? They don't have to wait for the green light, they can pay off the fine for running the red light 10x over without feeling that loss financially, which we know has links to your mentality. Imma watch the rest of the video before I get really upset, as it might have tips that can help me.
Love your videos- very knowledgeable ! Please don't assume all of us are young. I an a mature woman and have gotten a lot of common sense from this channel.
Outsourcing is super important in your career. Example; I'm great at social media planning for books, but I'm not good at graphic design. So, I teamed up with another member of our staff and she did the book release graphics, and I did all her social media posts. We ended up with a great launch line up for our next title.
quick advice. next time filming a person wearing glasses, use a defuser instead of ring light. If you diont have a defuser just use a shower curtain or a white sheet in front of your light. It will help loose this terrible effect when the ring light align with presenters glasses and eyes. ;) *thanks for the video
I think it would be really useful to define what "wealthy" means in this context. There's a difference between acting "wealthy" with your money and being rich, and there seems to be a lot of confusion with that in the comments.
Robert Putnam true! Every time I watch a Video of Tfd, to me it sounds like: blablabla, wealthy people are better people than poorer people, blablabla, get rich or you won't be happy, blablabla, rich people are so much smarter....Not to forget the ads for programs or websites no one needs. Why is she never telling people to just do what makes them happy? If spending a couple of bucks at Starbucks every once in a while makes you feel good, do it! I am living in the present, so I warnt to spend some money now and not save every penny for my future. For all I know, I could drop dead tomorrow with all my money in my banc account....
I love how she finished off with “byeeeee”. I love the financial diet. I am a 25 year old New Yorker who is just getting into the corporate world so all of these videos are very, very helpful for me. I hope I run into Chelsea one day to thank her for this channel.
Love that you used "her" as the pronoun for boss. I, a woman, automatically thought it's a man when you said boss and chuckled when you said "her." 😄
"Life is not meant to be one huge challenge that you take on totally alone."
I wish I knew that earlier.
Great tips! Outsourcing (paying money to buy yourself more time) and taking vacations (experiences over things) are legit scientifically proven ways to buy happiness. We probably don't do it as often as we should, but we're also not rich...yet.--Tasha
Thanks for watching! Can't wait for our video next week :))
-C
One Big Happy Life 😍😍😍your channel
hi guys, interested in becoming richer the best results that i've ever had was with the Reality crusher secret (just google it) without a doubt the most useful guide that I have ever tried.
+One Big Happy Life
I have spent months studying life improving after which we found an awesome website at Reality crusher secret (check it out on google)
"No one comes up to you and gives you the life you want"!!!!
I have this question: rich people behave like that when they are already rich or they broke af but then behave like that and became rich???? Thank you.
I always love the advice on this channel! I'm such a nerd when it comes to saving money haha, I love it! Yay for being financially responsible! Lol
Hi Chelsea. My daughter thought this would be of interest to me, and she was right. As a wealthy person now, (as defined by being in the top 1% of Americans by net worth) who was actually a broke person 20 years ago, I agree with your eight differences about how the wealthy think. I also have a list of differences (I call them attitudes) of the wealthy, and my list has nine items on it, and only two of them sort of match your list. Please let me know if you would like to see my list of nine different attitudes that anyone can adopt.
And I only have one thing I disagree with, but it was not your list. It was a comment you made prior to starting your list. You said money can change who a person is, like they become less empathetic. Instead, I believe the quote from Warren Buffet is very accurate: "Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars."
Your other comment that we do ask questions and want to make our life easier is also something I agree with. Asking questions is one of the key items on my list of nine attitudes.
Let us know about your list of 9!
ok Chelsea where do you get your amazing corporate casual clothes 😍
Anytime someone says “scientifically proven” I cringe
Izzy-Fizz fellow memer
Yep, same. Or “research shows” is another cringe- worthy phrase.
DBR Liamg When people say "scientifically proven" it suggests that there are definite put away in the cupboard answers in science. Even the most solid theories we have should be described as "scientifically suggested/shown." In my biology course, we would get points off short answers if we said "proven." I wasn't trying to drag them, it's just a common thing people do that betrays a subtle misunderstanding science.
Also "research shows" is correct, though I think it can sound vague and make one wonder "what research?" and "where are your sources?"
Yes, maybe better would be, "scientific evidence supports..."
Hey! Not sure how knowledgeable you are in this field, but any chance you’d be able to make s video for those of us in the market for a new car? New vs. used vs. leasing, etc.? I would really appreciate I.T!
That's a good idea. She should do that.
seconded
TFD is based in NYC so I'm not sure if they would be able to do that based on their own experience. Good luck!
Check out Dave Ramsey. He talks about how much car you should buy.
We have a video coming up on big life purchases, one of which is cars! :)
-C
Time is something we can't buy which is why those who are wealthy are always looking for ways to gain time back i.e. cleaning service, outsourcing, personal assistant, etc. This video was very well put together. I'm consistently wanting to learn about the way wealthy individuals think and work.
@ Dirt 117: I think the only grammatical mistake TruFinancials made was the use of "learning" instead of "learn." I assume he knows the correct form. He probably just typed that very quickly and didn't proofread his TH-cam post. Moreover, why didn't *you* use proper grammar in your post, Dirt 117? You shouldn't start your sentence like that. Capitalize the first letter of every sentence and place a period at the end of every sentence. Practice what you preach!
Very well said Denis. I hope everyone on this channel will take time to listen to all your wonderful videos. I have learned so much.
@Jacqueline - That seemed to be the case. I should have proofread the comment before posting. I corrected my mistake :) Thank you for kindly pointing it out.
@Centsible Living With Money Mom - Thanks for the shout out!🙂
You deserve it. Your channel is one of my very favorites.
I know wealthy people and most wealthy people do not follow any of the advice in her previous videos, so why is she speaking for them here? I was born wealthy and I'm sick of wealthy people being praised when most wealthy people are not wealthy because they are more careful, but because of luck. That includes either being born into money or raised with a good education that enables them to earn without excessive debt. Most wealthy people earn more, they do not spend less. She seems to be focused on highly entrepreneurial types, something she should highlight in the title.
It’s true about the discussing money. It’s about context people don’t talk about it socially but if you have and advisor of some kind you are literally paying them
I could listen to you for hours. Especially when you turn pro-man language into pro-womans. I truly feel physically the gasp of relief.
You are AMAZING. So young but so driven!! I feel that your advice is targeted towards millenials, but I am a 63 year old retired teacher and I find your videos very informative, thought inspiring & very often amusing. I am too old to start "investing", but I'm pleased that you are teaching young women that they are responsible for their own financial future & well being. I watch you every day; you've become an interesting, valuable "friend" who I sit down with & get ideas from. I wish that You Tube had been around when I was young as I am..er...aspire to be a writer & believe that I may have the confident flair for public speaking that is needed to present content in such an enthralling way! (so I'm told..). I look forward to future videos & our daily visits.
63 is super young, my mum has just managed to convinced my 88 y o grandmother to invest her money in short terms investments. She's really happy when at the end of the month she has 90$ more than if she left the money into a regular savings account. She's not making millions obviously but it's better than nothing 😊
If you're incorporating sponsored content in your videos please clearly disclaim that in the title and in the beginning of the video. It's not cool to suddenly be getting a sales pitch in the middle of what was billed as just an informational video.
Well in this one, they did mention it at the beginning. (But yes, in previous videos, they have not.)
If you have concerns about incorporating comments on a TH-cam video that you are watching for free please do so as constructive criticism and not using a demanding tone. And yes, I did use your tone in this reply for added sarcasm.
Lots of good stuff to think about. And always good to remind young people to start thinking about retirement.
At 35, I'm finally feeling in control of my financial future, despite a few debts. I make good money, and have spent years perfecting my budget lifestyle, so I have extra money at the end of each month. I'm confident that my retirement savings are on track and I'm saving for a mortgage down payment next year. When it comes to my 'time value,' I try to avoid outsourcing - where possible. I'd rather learn how to do something myself, and keep my money, thus extending my time value. I've learned how to cut my own hair, cook restaurant quality meals, do my own landscaping, book keeping, home organizing, furniture restoration... I actually enjoy learning new life skills and save thousands a year by DIY'ing. If you approach these life duties as therapeutic, you can simultaneously relax while trimming trees or chopping garlic. I could get another job, but I'd rather learn skills for free while maximizing my cash flow. The rich seem to live for excess. I love little luxuries like weekly flowers, spa days and good wine.. I always make room for a few, but overall I prefer to live life more simply and get more out of time (ex. I travel quite a lot, I took 12 months off last year). Living a rich life doesn't have to mean living with excess. Just maximize what you have, and realize that time is fleeting.
#1 exploit the poor for profit
#2 claim it was "hard work" that made you successful
Not all wealthy-person habits are worth adopting, lol...
-C
Facts
Santiago Bron eww gross flag
Santiago Bron Not when you are the one being exploited.
Rosemary Elmore It is horrible.
So value yourself and your time, do what you're good at and outsource what you aren't, and invest early. That pretty much sums up this whole video.
Um, I respect and appreciate this content and understand why they're using sponsors. No issue here. In fact, please try for an audible sponsor so you can talk about financial literacy and all the great money mindset books out there. I want to hear about your favs. I loved The Richest Man in Babylon, Rich Dad Poor Dad, and am going to read You Are a Badass at Making Money by Jennifer Sincero next. Tell me more about why I should read your TFD book as well. :)
@artemisrain : have you read the wealthy barber, kind of a modern Richest man in babylon. Kiyosaki's new book Why Rich are Getting Richer is very good as well, as much as Rich Dad Poor Dad, in my opinion.
Give yourself permission to not do everything . . . Life is not meant to be one huge challenge that you take on totally alone . . . Still working on this.
@TheFinancialDiet, is there any kind of app like Status Money for folks like me, outside of the US?
So the whole video is an ad great.
You should've mentioned that Status is only for US citizens with SSNs. -_-
One thing: please don’t say something is scientifically “proven”. Science can’t prove anything, and saying things like is is what sets up public expectation for science to “prove” things like global warming or vaccines not causing autism when that’s not actually possible based on definition (but which adds fuel to the fire of those debates because people don’t realize that proof isn’t possible).
Wealth is a mindset.
Juil in Chelsea's opinion only the numbers on your banc account matter. This video gave me the impression that wealthier people are some kind of superhuman race and that you can only be happy and are worth something when you pursue being rich yourself. I'm glad that I have another definition of happiness and what defines a valuable human being
You’re awesome Andrea! Thank you!
I love this advice!
Great video!!! Keep'em coming...
Is Status only for Americans?
To be honest this channel is all good and well but there's a problem with the mentality. 'invest for retirement' 'live on a budget' 'ask your boss for a raise'. Guys if you want to become wealthy stop focusing on saving money, if you feel like your lifestyle congruent with your earnings -> go make more money. There are always options. Entrepeneurship for me personally has helped me alot in this regard and i'm only 21. What i'm trying to say to you guys, stop living in the illusion and cutting of your money just so you can invest for your retirement. But start focussing on the present time and focus on making more money instead of saving. Hope my rant gave some perspective to atleast one person. Cheers
Limvmil thank you! For some reason, everyone jumps on the same bandwagon when it comes to money and it’s just not how it works. These tips can get you above average life at the most (which is still a lot a for some people, no judgement there). But don’t call this “get rich” habits because they aren’t. The way to get rich is to leverage your abilities in order to bring value to more and more people, then, when money comes, pay off personal debt and invest the rest so it makes immediate income, like starting a fully functioning business, or investing in high value real estate (high value, not high price). These tips apply on how to be rich, not how to get there. And while the way to get there is following a certain framework, it’s mostly different for everyone.
Why not do both? Out earn your lifestyle AND put money back to grow passively for later. The fact is everyone has a peak earning time in their life self employed or 9-5. It's just good business to put money somewhere that it can grow passively for a time you can't/don't want to perform anymore. The problem with just making more money is most people tend to increase their lifestyle with their income meaning they have nicer things and net no extra money.
TFD you are having more and more PR information... Sponsor is important but really, sometimes a totally individual is still manageable right?
I watch your videos religiously. Probably your biggest fun in Kenya. Whoop! whoop!
I need to say... Chelsea, you are hilarious! I watch your videos right before I leave my office because they put me on a high. Not to mention the financial emancipation lawd! Thank you.
Hey @thefinancialdiet the Status Money site only seems to be available for US customers. I'd really love to find out more about the Canadian city I'm living in. Is there a feedback form that I can contact them at to let them know it's time to expand? ;)
Can you do more videos with career advices and investments?
Definitely some good tips in there... one that made me thing was I should really get my groceries delivered, I always think it's lazy and I should just do it myself but I have a lot of chronic pain and anxiety that there's limited days I want to go food shopping.... therefore in reality I end up spending more on delivery food or not eating then getting groceries delivered which would be much more healthier.
I love it 😍
I think the first caveat for this video needed to be that you will NEVER accumulate wealth unless you consistently live BELOW your income. Because statistics tell us that most of us are over-spending and under-saving.
This is one of your best videos, Chelsea!
Why does the end of every sentence make her voice sound like a sandwich getting smushed?
Beth Johnson Vocal fry. She’s obviously unconscious about it.
My girlfriend is rich and I'm just trying to understand her
"and yes that is scientifically proven" LOL I CAUGHT THAT SHADE CHELSEA
i like you without glasses.. you look too serious.. did you get a job at wall street?
Wealthy people doesn't worry about money. Seems very obvious but it's a big deal if you don't have any.
That Status platform sounds like something that would totally deppress me and give me anxiety
Yo we def don't have a sponsorship from Status money
Your knowledge is a pearl in the sea that is TH-cam.
Very interesting information. Thank you.
You should disclose that the video is sponsored by Status Money.
Status looks great, but unfortunately I think it only works if you're in the US. I'd be interested to know if there's a similar service for people who live elsewhere (like the UK!)
Can you do a video on subscriptions/membership programs. Streaming, gyms, clubs, product bundles etc. Which are a true value? Is it cheaper to just buy your shows/products outright?
Tiffaney Hawk good idea
THANK YOU FOR THIS VIDEO!! I NEEDED TO HEAR THIS TODAY!
Your mom goes to college
What hit me the most was the relaxation and dedicated vacations for myself, I have been working for a year without taking a real vacation and I am feeling stressed miserable and I feel like I am wasting my time. Even during weekends I have lots of things to do and take care of that I feel that I don't have TIME FOR ME! Thank you for reminding me of this, I needed this.
Status doesn't work for Canadians 😥
Any way you can list these point in the video on the blog as well? Wante dto write them down and carry them as a cheat sheet to remind myself waht im working towards.
This may be difficult, but it would amazing to interview CGP Grey about his habits. He has some pretty out there productivity tips and lifestyle. He talks about this a lot on his podcast with Myke Hurley (founder of Relay.fm) called Cortex.
whats the name of the episode
isobel64 pretty much every episode; it’s what the show is about.
FutureNow There are so many episodes. By any chance, would you be able to recommend a few episodes?
These are amazing tips!!! Thank you so much!!! I think tip 5 is my favorite!
Bravo, bravoooooooo!!!!! I think the very first thing I will do is to get a babysitter so I can focus more on my work at home or be able to go to the gym or whatever. I'm doing soooo much and think I deserve having a babysitter for a few hours. Who hears me out on this one?
Sloyi LeGu I agree 😀
Sloyi LeGu Go for it!
Spectacular video. Aside from the practical advice, I also want a poster with the phrase, “Life is not meant to be one huge challenge you take on totally alone.”
Today I had a few urgent errands to run. I paid my younger sister to do them for me while I work on my online job. Also. Paid a lady to come do my laundry at a small fee just so I can get more time to do my work and still accomplish other tasks. As I turn 30 I've come to realise that time is very equal to money. Use it sparingly 😊
Still waiting on financial advice to be generous. Many wealthy people are also the most giving.
Taylor Howard ... LMAO... No. Many wealthy people donate a shit ton of money in order to write it off as charity & keep their figures within a certain range that gives them the biggest tax break. "Generosity" is not the same as a strategical purging of excess taxable income.
Oh No giving money is still giving money.
Do you have any recommendations for the best websites to do research on when you're looking to negotiate a job offer?
Was Status an ad? Because it wasn't disclosed
It was disclosed at the beginning of the video.
She said it right after she introduced herself
Your points are all still really helpful but your videos are tipping the balance in becoming an advert. I understand that sponsorship is a big part of keeping the site going but I wonder if it would be helpful for you to find a specific length of time that you talk about the product. At the moment, I would say it's too long.
Thanks for giving legit tips.
Great tips but like a lot of wealthy people r literally just handed positions so it doesn't totally work that wealthy people do these things SELF MADE wealth people do these things
Great tips!!
You guys are amazing! I religiously watch you!
It's only been 2 minutes and I'm learning so much this morning. Thanks! =)
Wealthy habit #1, dance on the backs of the poor.
Mitch Hop That’s how capitalism works. Money is debt based. The more debt, the more poverty except in the government’s case. The more they print money, inflation and debt increases, and taxes go up.
Hi, not sure if you did this already but, can you make videos related to a family budget?
Because 2 bags of groceries per week does not really work with two kids ahahah!
Chelsea tells you what money habits to avoid based on your personality: th-cam.com/video/8mW1r0a9zyk/w-d-xo.html.
Ooo, i love the idea of Status! Thank you Millennials! Also, I highly recommend a housekeeper if you suffer from depression. It changed my life. No longer did I have the overwhelming task hanging over my head. I lost weight, started dating again, and was really enjoying life again, until I had to file bankruptcy. Lol back on my feet and beyond and reconsidering it for the benefits it gave me.
Bernie Cat Your post made me smile...sorry about the bankruptcy, and glad you’re getting back on your feet. When we moved into our house I told my husband I wanted to have a house cleaner-we both agreed it would be a marriage saver. He works long hours and cleaning paralyzes me and stresses me out. It has been so great, but I admit I vacillate between feeling thankful and guilty. I always have to talk myself out of the guilt of not doing it myself! Your post made me feel better about it-I think it’s great other people hire out for cleaning when it helps them, why would I not want the same for myself? Cheers!
Julie Flynn Cory oh gosh, please do not feel guilt. You are not only helping yourself and your marriage, you are helping the housekeeper. :) Win, win, win!
Julie Flynn Cory BTW, the Bankruptcy was the best thing I ever did for myself, even though its not cheap to file. I thought I knew everything when it came to money. I learned a lot. Had to struggle to pay for bills and food for the first time in my life (didnt realize I was living off my credit cards until I didnt have them any more). I will never ever get myself in that position again and be better off for it. :)
Or like, learn personal responsibility and not being lazy.
That glare in Chelsea's glasses tho...
I wont take a chance with my body by eating EXPIRED FOOD !!!
Compound interest is the eighth wonder of the world. At 60, I’ve seen it. It’s real!!
Don't rich people already have money to take risks? They don't have to wait for the green light, they can pay off the fine for running the red light 10x over without feeling that loss financially, which we know has links to your mentality. Imma watch the rest of the video before I get really upset, as it might have tips that can help me.
Love your videos- very knowledgeable ! Please don't assume all of us are young. I an a mature woman and have gotten a lot of common sense from this channel.
Thats one of the best uses of money, to buy more time.
The comments on this video are stupid. I appreciate these tips, as always with your videos. Way to go TFD team!
Outsourcing is super important in your career. Example; I'm great at social media planning for books, but I'm not good at graphic design. So, I teamed up with another member of our staff and she did the book release graphics, and I did all her social media posts. We ended up with a great launch line up for our next title.
With her AGE i assume shes researched advice and hasnt EXPERIENCED any of it
quick advice.
next time filming a person wearing glasses, use a defuser instead of ring light. If you diont have a defuser just use a shower curtain or a white sheet in front of your light. It will help loose this terrible effect when the ring light align with presenters glasses and eyes.
;)
*thanks for the video
I think it would be really useful to define what "wealthy" means in this context. There's a difference between acting "wealthy" with your money and being rich, and there seems to be a lot of confusion with that in the comments.
Just found the channel and subscribed. Thank you for the great inspiration. Best of luck!
If your self-worth is based on the money you have, all this makes sense. Unfortunately.
Robert Putnam true! Every time I watch a Video of Tfd, to me it sounds like: blablabla, wealthy people are better people than poorer people, blablabla, get rich or you won't be happy, blablabla, rich people are so much smarter....Not to forget the ads for programs or websites no one needs. Why is she never telling people to just do what makes them happy? If spending a couple of bucks at Starbucks every once in a while makes you feel good, do it! I am living in the present, so I warnt to spend some money now and not save every penny for my future. For all I know, I could drop dead tomorrow with all my money in my banc account....
It took me so long to give myself permission to hire a cleaner. But it saves me so much anguish and us so many fights. Best money I spend every month!
How does Status Money make their money?
Ads
I love how she finished off with “byeeeee”. I love the financial diet. I am a 25 year old New Yorker who is just getting into the corporate world so all of these videos are very, very helpful for me. I hope I run into Chelsea one day to thank her for this channel.
You’re trying to sell your stuff
SOUNDS LIKE BY WOMEN FOR WOMEN
Off subject but, absolutely love that jacket!
BloomN Jenn me too! She should tell us where she got it
I like it too.
Slytherin vibes lol
Your language is a bit sexist.
You assume the boss is female?
I think most of the concepts you discussed covers opportunity cost of time
woah that sponsored ad that was slipped in was so smooth lol glad your making that mula
Don't wait for permission,
They know the landscape,
They ask for help,
Hour value,
Speak the language of money,
Outsource,
Importance of recharging
👍 awesome as always...educate, advocate, take care ! Nice!!!