On your point of new cars, I’m looking into buying my first car within the next two years or so, would you recommend getting a used car from a dealership or off of something like facebook marketplace? I’m 21 and have never gone through the process of buying a vehicle and I’ve been watching your channel for a while and wanted to get your opinion
Using the library always saves me a lot of money. I don't have Netflix or Audible or any other types of those services. The library has books, audiobooks, cookbooks, music cds, movies, tv shows, & magazines. All for free. You just need a library card, which is also free.
I'm with you, I love the holidays, but I don't think his point was don't buy gifts for others. I took it more as don't give someone a gift just because it's a day some one designated as a holiday.
Making something is always cheaper and more endearing as it requires considerably more effort. Now I’m very adhd so I forget to even do that but it is a good way to save!
@@khaichern still, everyone likes to open presents especially on Christmas day. Imagine being the rich kid at school that got no presents when all the middle class kids are bitching about getting socks
Massive corporations buying up all the housing in cities they don't live in and mass immigration getting taxpayer money to pay top dollar rent. That is the problem.
I have my groceries delivered by Amazon fresh and I to have ditch the car. I live close enough to work or I can do that. I save a ridiculous amount of money by not having a car.
Some good general tips here, but you have to remember to live and enjoy life as well. What is life without a treat every now and then or showing an act of kindness by giving a present. Driving the car I do puts a smile on my face every time I start it up. Those things are what life is really about. Yes, you don't save every nickel, but then again, if you save every nickel you'll be missing out on a lot. Life is short. Enjoy it as long as you are also putting plenty away for a rainy day and aren't financially strapped.
I totally agree I ride my ninja every day, I know my tires and cheap and it’s dangerous but I love it and im okay on spending unnecessary money because It makes me feel so happy every time I hear my exhaust or feel the bikes power I smile from ear to ear and thats actually priceless to me. Your so right about living some people forget they cant take money with them once dead
Thanks to your recommendation my husband and I switched to Mint Mobile! It feels so good to pay less, and pay for several months at a time and not worry about it anymore. And it works great for us!
I stopped buying souvenirs for many years, but I travel light and sometimes, I would buy items from stores the local people usually go. I bought sandals and threw the old one away in Argentina, a t-shirt in Greece (too hot and ran out of clean clothes), a turtle lunch bag in Hawaii Walmart to take the fresh seafood salad from a port store which only opened for a few hours in the morning, a sheep-oil lotion in Australia (ran out of my lotion, same brand in the local grocery store but much cheaper than the one in the tourist place), and a few more items like this. After the trips, I have something I use often to remind me the places and bring me a smile without wasting money and collecting dust.
I have a rule for this.... if I still love it imagining its at a full price then I still get it. It's something about seeing that sale tag that makes someone excited.
Watching this video made me finally terminate my expensive mobile data plan (45€ per month), it will end in exactly 1 month already. Willl then switch to a much more reasonable and affordable plan for 22€ a month. I wanted to do this for so long but it was too convenient to not work through this. Now I did right after randomly watching your video. Thanks! 😊
I don't know about the presents one... When the kids get older they are definitely going to hold a grudge from you just wanting to save a few extra bucks instead of getting them something they wanted to have fun with or enjoy and not just a necessity they need for a sport or something.
He really is right about presents being a scam and basically forced on us so companies can sell more. One thing that I can remember from my childhood is presents and how excited I was to get them though so I don't agree with that tip either, once they're like teenagers you can stop
I agree, if kids grow up knowing their parents have the money but are just too cheap to get them something they really want (not to show off but simply really like), they may end up being the exact opposite when they grow up, over-buying everything that they couldn't get during their childhood because their parents are too cheap to spend the $$. I know some ppl would argue the kids may grow up being the same as the parents, but there's 50% chance they could end up being the opposite. I like being frugal too, otherwise I wouldn't be watching this video, but I don't believe we should force this idea on others around us just because they are my family, especially our kids who don't have the financial freedom to make the decision themselves yet.
I have a 5 gallon bucket that I fill in the shower to use to flush the toilet. A lot of us waste a ton of money down the drain waiting for the water to warm. My water bill is now lower
This video is so pwoerful. Serves a great reminder for me as well to value my money more and be more cautious to not fall for traps that make me spend money when not necessary.
i don't buy suveniers like magnets or other dumb stuff but i always try to buy something that is handmade like buying a painting or a wool sweater. I used to live in Scandinavia so when I visit there I try to get wool sweaters which are handmade and are specifically made in that country with specific methods and designs to the region. This is a great way to support the local economy and to have something that you like and will keep forever.
My husband and I gave up gifts for each other after we bought our house. We started putting all that money toward experiences together. Now we do a few larger trips each year, typically on our birthdays. So not really “saving” but putting the money elsewhere for a memory.
My wife and I buy one new Christmas decoration each year. We do however make it a quality item. Similarly with clothes, buy one quality item and put two items in the charity box. Helps reduce your wardrobe!!!
On the last point. This is true for a lot of stuff. I shop local as much as I can. Not only because it's usually higher quality but also because the money is going back into my local community as much as possible.
Can we get a hard-core version, please? This is all good stuff, but it's all the obvious common-sense basics. Would be interested in taking it a few levels further.
I've own a total of 4 cars my entire life and I've been driving for 40 years. All of them new. My first one lasted just 7 yrs (in the 80's) and was not reliable. I still own 2 of the remaining 3. Sold 13 yrs old Civic to a friend for their college bound kid. 2015 Civic has low miles and will last another 15 yrs and my pride and joy 1992 Toyota pick up has just 130k miles on it and runs like a top (and you can always use a truck). Intentionality is the key when purchasing anything, especially vehicles. Gifts for us have become donating to charities via a game we play. Gives us something to do that is fun and a charity benefits. Better for the environment to get used, dinged items vs they end up at the landfill.
things Gabe don't buy :o 1. travel 2. souvenirs 3. expensive supplements 4. investing in things that he doesn't understand 5. promotional stuff 6. memberships 7. new baby clothes :p 8. expensive phone plans 9. new tech 10. expensive streaming services 11. new cars 12. presents 13. seasonal decorations 14. excessive home decors 15. new furnitures/appliances 16. brand name wut did i miss out :O
@@shakthidhasan4544 It is bonkers when you are looking for ways to cut expenses, and you are already doing everything you can. I mean what else can you cut out? If we don't spend what is on this list, can you imagine how much money we would be spending? That is mind-blowing.
We stopped spending money on Christmas gifts and instead give what we can afford to local charity groups so families that need/want to buy things for their kids can maybe do so. We also ask our family members to do the same instead of giving us "stuff".
I ended up buying a new Bolt EUV last year. I rationalized it by knowing I'd get both a state and federal Electric vehicle tax rebate. I got a free outlet installation in my garage for it, adding value to my house. I exclusively charge it at home, and during the night - so I'm saving a lot of money on gas and oil changes. I was happy with my old car, but I think long-term, this EV is better financially. I've also had Apple Watches throughout the years, though I think my Apple Watch Ultra that I bought early last year might be my last. It did its job getting me motivated to workout, today I'm regularly working out and staying very active. I still like it, but it's just another thing I have to charge every day.
I am with you on the cars, but I'm also a car enthusiast, so I'll add a few ways you can be a car enthusiast on a budget: - learn to do basic maintenance. Replacing bulbs, wipers, filters, oil changes, replacing brake pads. This is all stuff you can do in your drive way. - don't waste money on car washing and detailing. It's fine if you do it here and there if you don't have the time, but remember - no one will take better care of your car than yourself.
My mom,sister and I years ago stopped buying Christmas gifts for each other. It took so much stress off it was unbelievable. Grandkids are the exception.
Switching to cheaper phone plan tomorrow, thank you. I have cut down to only subscribe to Premium TH-cam, from 4 different streaming movie/video apps. My hubby refuses to buy used cars...so i guess that wont change, he said its more safe, im like ok. ❤
Careful w Airbnb. They have filter cheaper places out to get you to spend more. Their algorythms are complex. I've stopped using them and started dealing direct with local companies.
Getting "ripped off" can also help support local artists. If I get a souvenir, it is a cool piece of art that I got from someone making art in the streets, etc. This can help individuals, especially those living in poorer countries than ours. Very selective, though.
I wanted to love Mint Mobile so badly. We switched to it for a year, and the price was great, but the service in our area was abhorrent. It just didn't work. Now we do an ATT prepaid plan that's about $28/mo per phone after taxes. A bit more, but the service actually works.
Gabe is a smarter man than me then lol - I've probably lost tens of thousands that way over the last 20 years. I am definitely not as smart as I thought I was.
I agree with the gifts idea. Years ago we agreed to not do gifting and holiday decor. We are living more minimal and intentional. We are at the stage of our life if we NEED something we just go get it and it sure is nice not to have to dust or find a place for those seasonal items. ❤
You can more money but buying a fake tree. The initial investment is often less and ehile you need to store it (I recommend keeping the box and just re-taping it shut each year) you do not need to drive out to get it, nor haul it back with a vehicle each year. Bringing in the new tree and tossing it out can be compared to setting up and breaking down the fake tree as far as time spent. You also do not need to vacuum up dead needles from a fake tree nor water it. If you miss that pine tree smell, you can buy a scented spray or a candle for under $10 which should last you multiple years. The tradition of going out and picking a tree becomes coming together to rebuild the family’s tree (in the comfort of your home and not being cold or needing to face the elements).
I ordered a pair of Hoka running shoes $160 orig from Poshmark for $40- look like new! Pays to look at several options but some fantastic deals to be had!
You haven't gotten rid of it because it has sentimental value to you (your FIRST trip). No worries! It's okay to keep it. Just display it for the story it provides and not keep it in the closet.
I agree with the car, souvenirs, holiday junk, and some of the brand name stuff. But the new tech point is where i have to point out a flaw. I always buy the latest smartphone, watch, and headphones, but only when mine are about to give it. My smartphone is my wallet because it helps me to stay minimized. Carries all my notes, calendar, contacts, photos, videos, credit and debit cards, music, and i basically use it to control my life. Do I buy the latest every year it comes out? No. I usually keep a smartphone for 3-4 years, headphones about 2-3, I'm on my first smart watch because I have a Pixel Watch to go with my Pixel Smartphone. Also, I will pay for a Netflix subscription for as long as it takes me to finish a series, then cancel it.
Would you consider making a video on how to reap the rewards of travel benefits and how to properly set it up in order to “rinse and repeat”? Thank you! 😁
I think with new cars, *it depends*. If you just need a car to get you from point A to point B, I feel that it's worth getting a cheap new sedan with a good warranty, if you can afford it. I did that with my Elantra 4 years ago (paid it off in 2.5 years). Probably gonna drive that thing for another decade, at least.
You live like we ALL did in the 70s. We did get a few Christmas presents. It was when we got clothes and boots we needed and a few toys. My parents had their fridge x40 years !!! They got a new one bc they were afraid it would die. And the new one lasted 4! We had one car growing up . Went on one trip for 4 nights per year. My sil doesn’t understand how we all grew up then but it worked.
The best advice of the year so far-you've covered so much ground. The best step toward financial freedom is saving a day off of work. I am really eager to begin investing.
Some great reminders on practical ways to save money. For Christmas this year, we just each shopped for things we needed that month, then when the Amazon boxes came in, I wrapped them up sight unseen and put them under the tree and randomly distributed them. So the surprise was what was in the box. It was kinda kooky and hilarious as everyone got the experience of opening up presents - it just might not be theirs LOL.
I am so sick of gifts on holidays. gifts for Christmas, valentines, easter, birthdays! It's just so much. I keep the number of gifts down for the kids and only get high quality gifts.
I stopped buying car fuel, car insurance, maintenance, and other related expenses by moving to a small town in Australia where I can walk to all of my local destinations and access the train systems for going into the city, Melbourne.
1:21 I started collecting piggy banks for every city we visited. After buying like 12 of them, I was like... Where in the he$$ am I going to display these???" And that was the last of me buying souvenirs.
Goodness treat yourself a little. We live once, uts nice to holiday and gift. I couldn't bear not giving my daughter a Christmas gift or birthday gift.
I get my jeans from thrift stores. I am in my 50’s pre lycra in jeans age. I like stiff jeans so thats where i find them. Win win. Never had a new car. I have wasted so much money on stupid frivilous purchases. Now i am downsizing and i find those material things don’t bring me joy.
People buy a lot of things that we don't need, just to prove to someone that we are better than others, or coze its for a sale or ect How to become a minimalist? I am very interested in this topic, I want to try to live as a real minimalist for at least a year to understand if it is really mine.
Not buying toilet paper is a good one! Clean the area with soap and water and/or hand sanitiser and use paper towels left over from veggie cleaning or nose wiping. You'll be healthier and save cash $$$ A pre-paid flip-phone is indeed a huge money saver.... I subscribe to zero streaming services, but somehow still end up watching any of the stuff that really really appeals to me... :) Brand names are effectively a scam, unless they have a rep for solidly built items that earned them their 'brand'
Car's are such a big expense. I lost my car in Hurricane Ian and HAD to buy a new one. We needed to get a car to get to work and a lot of the used cars in the area had been hit by something from the hurricane and had been repaired. It just was safer to buy a new car.
My family buys a new magnet when on vacation. Our fridge always makes me happy when I look at our carefully curated magnet collection. It also keeps my kids from asking for travel trinkets.
I used to do magnets but have switched to postcards that I add to a ring I can flip through. I can also add a photo on the off chance it gets printed out.
I thought I was alone in the universe with presents thing. I hate that people would give them just because they are forced by society habbits. 99% of the time I get shitty things that I don't use at all because useful things are more expensive or requires a lot of effort to get it right. Then there is the part where "I need" to do it myself, forced by the circumstances (work is progress).
We get judgement and backlash due to not participating in presents. My kids who are older now don’t even care, but somehow friends and other family think we’re cheap. Not the case, we just don’t want clutter over taking us. My kids know to ask for things whenever that they actually need
Several years ago, we went from drawing a name of another adult family member for the following Christmas gift giving to no gift exchange. During the year, if we see something a family member would like we buy it and gift it to them the next time we see them. Thank goodness, there is no one in the family keeping track of who gives what to who during the year. Our holidays are celebrated with a nice potluck at someone's home with good wine, good chocolate and great fun conversation.
I chose to opt out of gift buying last christmas, and i asked everyone to not buy me anything since i wasnt participating...they all got me gifts anyway.. i was a little annoyed but oh well. I think gift buying/giving is so stressful and not neccesary. How cool would it be to instead of all buy gifts for eachother the families save all year and we go on a trip together? That would be more fun.
I have a 2015 car. I have 4 lines of unlimited everything with T-mobile for just $25 per month per line. The rest I don't do except for the supplements. I do a multi-vitamin, a calcium and a B complex.
I got rid of all of my subscriptions. It was so difficult that one company kept charging me 3-6 months after I canceled my subscription. I had to pay for a stop payment to stop the charges. Never again. Ending them saves me money in the long run. 🧐😒🤓
Our family is small so we changed the way we do our Christmas presents. Instead of giving each other useless crap, my brother and his family will come up with either a visit to a restaurant, museum, theme park, zoo or whatever. My mom and me choose something too. This year (2023) its a Christmas market in Germany (I live in the Netherlands so it's our neighboring country) and an open air museum. One is for spring/summer and one for the late fall/winter time. Since we don't exactly live close together this is a great way to spend time together.
AirBnB used to be the best bet but the whole hustle culture/investment property baloney kinda ruined it that AND cost of living for locals in a lot of places. I'm getting a little sour on AirBnB.
The new car thing is open to debate. While I agree that it’s a waste to buy fancy cars, “new” vs “used” isn’t the argument it used to be. The used market is outrageously inflated, so the savings are pretty marginal at this point. If you buy new, most come with a warranty or other deals that can make it a better buy than used. This was especially true just a couple years ago when interest rates were so low. I purchased a 2022 KIA Rio 5-door at a 1.9% interest rate, including a 100,000 mile drivetrain warranty. I drive a LOT for work, so the peace of mind was worth the extra $50/month compared to buying something lightly used.
Go to our partner Mint Mobile mintmobile.com/gabe to get premium wireless for as low as $15 a month
I love you bro ❤️. I'm between homes right now and this helps.
On your point of new cars, I’m looking into buying my first car within the next two years or so, would you recommend getting a used car from a dealership or off of something like facebook marketplace? I’m 21 and have never gone through the process of buying a vehicle and I’ve been watching your channel for a while and wanted to get your opinion
Do you know about their out of country coverage?
Only promotion video 😹📸 o to
u made it so u dont have to live like tht anymore, its ok to spend some. this is more for ppl who's trying to be on the come up
Using the library always saves me a lot of money. I don't have Netflix or Audible or any other types of those services. The library has books, audiobooks, cookbooks, music cds, movies, tv shows, & magazines. All for free. You just need a library card, which is also free.
I almost agree, the library card cost €59,- a year.
Wich is very cheap for you can read, see and learn.
@@bert1974 In the US, library cards are free.
The Libby app is a huge game changer!
As someone with a large net worth, I would never skimp on holidays. You take a lot of joy out of life losing the warmth of holidays.
I'm with you, I love the holidays, but I don't think his point was don't buy gifts for others. I took it more as don't give someone a gift just because it's a day some one designated as a holiday.
You don't need gift to show that you care for someone.
Making something is always cheaper and more endearing as it requires considerably more effort. Now I’m very adhd so I forget to even do that but it is a good way to save!
@@khaichern still, everyone likes to open presents especially on Christmas day. Imagine being the rich kid at school that got no presents when all the middle class kids are bitching about getting socks
As someone with an extremely small net worth, can you please give me 0.00000001 percent of your networth?
A note that staying at Airbnb is actively contributing to housing shortages. Every Airbnb takes housing away from locals.
Massive corporations buying up all the housing in cities they don't live in and mass immigration getting taxpayer money to pay top dollar rent. That is the problem.
I'm kinda jealous that you found someone that shares the same frugal lifestyle tbh
yeh I hate getting great presents at xmas
The car is a deff a big one. I completely cut the car out of my life, moved closer to work and bike every day. Best choice I’ve made in years.
How do you visit friends and family? Grocery shop with bags.
Highly dependent on where you live. If you live in a rural area you'd definitely need one.
I have my groceries delivered by Amazon fresh and I to have ditch the car. I live close enough to work or I can do that. I save a ridiculous amount of money by not having a car.
@@murtadiycarrington8609if you move closer to your job then no car is needed.
Im in europe, and i dont need a car...
Everything is in walking distance....
Airbnb here in SoCal costs more than the average hotel/motel and requires long term multiple weeks or at least 1 month. Totally not worth it now.
Some good general tips here, but you have to remember to live and enjoy life as well. What is life without a treat every now and then or showing an act of kindness by giving a present. Driving the car I do puts a smile on my face every time I start it up. Those things are what life is really about. Yes, you don't save every nickel, but then again, if you save every nickel you'll be missing out on a lot. Life is short. Enjoy it as long as you are also putting plenty away for a rainy day and aren't financially strapped.
I totally agree I ride my ninja every day, I know my tires and cheap and it’s dangerous but I love it and im okay on spending unnecessary money because It makes me feel so happy every time I hear my exhaust or feel the bikes power I smile from ear to ear and thats actually priceless to me. Your so right about living some people forget they cant take money with them once dead
Thanks to your recommendation my husband and I switched to Mint Mobile! It feels so good to pay less, and pay for several months at a time and not worry about it anymore. And it works great for us!
Be careful of buying used furniture. Couches , armchairs, beds can be carrying bedbugs.
Oh goodness that would be a nightmare 😢
Scabies as well
I stopped buying souvenirs for many years, but I travel light and sometimes, I would buy items from stores the local people usually go. I bought sandals and threw the old one away in Argentina, a t-shirt in Greece (too hot and ran out of clean clothes), a turtle lunch bag in Hawaii Walmart to take the fresh seafood salad from a port store which only opened for a few hours in the morning, a sheep-oil lotion in Australia (ran out of my lotion, same brand in the local grocery store but much cheaper than the one in the tourist place), and a few more items like this. After the trips, I have something I use often to remind me the places and bring me a smile without wasting money and collecting dust.
Thats a really good idea
You hit my weakness.. buying things just because it’s on sale
I have a rule for this.... if I still love it imagining its at a full price then I still get it. It's something about seeing that sale tag that makes someone excited.
Watching this video made me finally terminate my expensive mobile data plan (45€ per month), it will end in exactly 1 month already. Willl then switch to a much more reasonable and affordable plan for 22€ a month. I wanted to do this for so long but it was too convenient to not work through this. Now I did right after randomly watching your video. Thanks! 😊
Let’s go!
Yes, that’s exactly what will make you a billionaire.
i agree. instead of souvenirs, i now buy extremely cheap fridge magnets.
When we travel our big purchase is an ornament. We look at them every year and remember that trip. That’s all we buy pretty cheap
I don't know about the presents one... When the kids get older they are definitely going to hold a grudge from you just wanting to save a few extra bucks instead of getting them something they wanted to have fun with or enjoy and not just a necessity they need for a sport or something.
He really is right about presents being a scam and basically forced on us so companies can sell more. One thing that I can remember from my childhood is presents and how excited I was to get them though so I don't agree with that tip either, once they're like teenagers you can stop
@@vdd1001presents are not a scam, since you get what you paid for. They might be unnecessary, sure, but not a scam.
Yeah.. may be cheap present will do for the children.
Kids need to be taught about money. Start early. Buy them something they want/need, but it doesn't have to be at birthday or Christmas time.
I agree, if kids grow up knowing their parents have the money but are just too cheap to get them something they really want (not to show off but simply really like), they may end up being the exact opposite when they grow up, over-buying everything that they couldn't get during their childhood because their parents are too cheap to spend the $$. I know some ppl would argue the kids may grow up being the same as the parents, but there's 50% chance they could end up being the opposite. I like being frugal too, otherwise I wouldn't be watching this video, but I don't believe we should force this idea on others around us just because they are my family, especially our kids who don't have the financial freedom to make the decision themselves yet.
I have a 5 gallon bucket that I fill in the shower to use to flush the toilet. A lot of us waste a ton of money down the drain waiting for the water to warm. My water bill is now lower
This video is so pwoerful. Serves a great reminder for me as well to value my money more and be more cautious to not fall for traps that make me spend money when not necessary.
i don't buy suveniers like magnets or other dumb stuff but i always try to buy something that is handmade like buying a painting or a wool sweater. I used to live in Scandinavia so when I visit there I try to get wool sweaters which are handmade and are specifically made in that country with specific methods and designs to the region. This is a great way to support the local economy and to have something that you like and will keep forever.
Hi just wanted to know where you could find cool sweaters etc like that there?
My husband and I gave up gifts for each other after we bought our house. We started putting all that money toward experiences together. Now we do a few larger trips each year, typically on our birthdays. So not really “saving” but putting the money elsewhere for a memory.
"If you start thinking that you are smarter than you are..."
In most areas of life will cause problems.
This is awesome. Now I just need a “how to get your wife to subscribe to minimalist living” video.
women dont like minimalistic living, they want to consume and spend a lot of money to impress their friends.
how do you get a wife
@@PeterParker-ff7ubby having a personality and hobbies
😂
Nearly all spending is driven by women. Zero accountability or common sense
My wife and I buy one new Christmas decoration each year. We do however make it a quality item. Similarly with clothes, buy one quality item and put two items in the charity box. Helps reduce your wardrobe!!!
I love Mint Mobile, I switched from Net10 $35 to $15 a month. I do most of this stuff!
Saved up payed off debt. Than bought model 3 cash best decision ever been 4 years and haven't had to service it yet!!!
On the last point. This is true for a lot of stuff. I shop local as much as I can. Not only because it's usually higher quality but also because the money is going back into my local community as much as possible.
I'm finding more and more that hotels are cheaper than Airbnb these days, at least in Australia.
And less hassle, my last two airbnbs were a safety hazard
Can we get a hard-core version, please? This is all good stuff, but it's all the obvious common-sense basics. Would be interested in taking it a few levels further.
It’s at the level of a 12 year old…or maybe Gabe’s simplifying his vids for non English speaking countries 🤷♂️
Finances Unfiltered is more hard-core with his brother. I like the family centered touch here.
@@sweetchilli1077 Thanks!
@@PaddyFullyRandom Check em out, they are blowin up fast!!
Maybe the point is that it is all quite simple and you don’t need to go hardcore. Just stop buying shit you don’t need or enjoy.
PSA Be careful with second hand couches or apolstered furnsture.... bed bugs will cost you a lot in exterminator fees
Travel is a funny one. People travel accross the globe, but don't bother exploring the area near to where they live.
I've own a total of 4 cars my entire life and I've been driving for 40 years. All of them new. My first one lasted just 7 yrs (in the 80's) and was not reliable. I still own 2 of the remaining 3. Sold 13 yrs old Civic to a friend for their college bound kid. 2015 Civic has low miles and will last another 15 yrs and my pride and joy 1992 Toyota pick up has just 130k miles on it and runs like a top (and you can always use a truck).
Intentionality is the key when purchasing anything, especially vehicles.
Gifts for us have become donating to charities via a game we play. Gives us something to do that is fun and a charity benefits.
Better for the environment to get used, dinged items vs they end up at the landfill.
things Gabe don't buy :o
1. travel
2. souvenirs
3. expensive supplements
4. investing in things that he doesn't understand
5. promotional stuff
6. memberships
7. new baby clothes :p
8. expensive phone plans
9. new tech
10. expensive streaming services
11. new cars
12. presents
13. seasonal decorations
14. excessive home decors
15. new furnitures/appliances
16. brand name
wut did i miss out :O
Same thing here, I count 17 only.
You are missing "Expensive gadgets", just after "New Tech"
Thanks anyway.
Thank u
Only buy reduced items.
Crikey! Never realised i was already a minimalist. Had already done all on the list.
@@shakthidhasan4544 It is bonkers when you are looking for ways to cut expenses, and you are already doing everything you can. I mean what else can you cut out? If we don't spend what is on this list, can you imagine how much money we would be spending? That is mind-blowing.
We stopped spending money on Christmas gifts and instead give what we can afford to local charity groups so families that need/want to buy things for their kids can maybe do so. We also ask our family members to do the same instead of giving us "stuff".
Just start taking pictures of the trinkets at tourist shops and frame them. Woo
I ended up buying a new Bolt EUV last year. I rationalized it by knowing I'd get both a state and federal Electric vehicle tax rebate. I got a free outlet installation in my garage for it, adding value to my house. I exclusively charge it at home, and during the night - so I'm saving a lot of money on gas and oil changes. I was happy with my old car, but I think long-term, this EV is better financially.
I've also had Apple Watches throughout the years, though I think my Apple Watch Ultra that I bought early last year might be my last. It did its job getting me motivated to workout, today I'm regularly working out and staying very active. I still like it, but it's just another thing I have to charge every day.
I am with you on the cars, but I'm also a car enthusiast, so I'll add a few ways you can be a car enthusiast on a budget:
- learn to do basic maintenance. Replacing bulbs, wipers, filters, oil changes, replacing brake pads. This is all stuff you can do in your drive way.
- don't waste money on car washing and detailing. It's fine if you do it here and there if you don't have the time, but remember - no one will take better care of your car than yourself.
My mom,sister and I years ago stopped buying Christmas gifts for each other. It took so much stress off it was unbelievable. Grandkids are the exception.
Furniture is a no go because of bedbugs. You can steam the the outside but not the inside. And once they are in they are in.
Switching to cheaper phone plan tomorrow, thank you. I have cut down to only subscribe to Premium TH-cam, from 4 different streaming movie/video apps. My hubby refuses to buy used cars...so i guess that wont change, he said its more safe, im like ok. ❤
Thanks for the tip on appliances! About to move and was stressing out on how expensive everything is!
Careful w Airbnb. They have filter cheaper places out to get you to spend more. Their algorythms are complex. I've stopped using them and started dealing direct with local companies.
They get you with the cleaning fees.
@@giancarlodulanto2668 The cheap glory days of AirBnB is gone. Sometimes a hotel is just more convenient.
Getting "ripped off" can also help support local artists. If I get a souvenir, it is a cool piece of art that I got from someone making art in the streets, etc. This can help individuals, especially those living in poorer countries than ours. Very selective, though.
exactly, if you never bought anything the world would never go around.
I wanted to love Mint Mobile so badly. We switched to it for a year, and the price was great, but the service in our area was abhorrent. It just didn't work. Now we do an ATT prepaid plan that's about $28/mo per phone after taxes. A bit more, but the service actually works.
How many sponsors can you fit into one video? Holy crap
Eating out in a foreign country is part of the experience. Cooking in is ridiculous. You're missing out.
I’ve lost thousands of dollars for thinking that I’m smarter that I actually am 😂😂
Gabe is a smarter man than me then lol - I've probably lost tens of thousands that way over the last 20 years. I am definitely not as smart as I thought I was.
I agree with the gifts idea. Years ago we agreed to not do gifting and holiday decor. We are living more minimal and intentional. We are at the stage of our life if we NEED something we just go get it and it sure is nice not to have to dust or find a place for those seasonal items. ❤
You can more money but buying a fake tree. The initial investment is often less and ehile you need to store it (I recommend keeping the box and just re-taping it shut each year) you do not need to drive out to get it, nor haul it back with a vehicle each year. Bringing in the new tree and tossing it out can be compared to setting up and breaking down the fake tree as far as time spent. You also do not need to vacuum up dead needles from a fake tree nor water it.
If you miss that pine tree smell, you can buy a scented spray or a candle for under $10 which should last you multiple years.
The tradition of going out and picking a tree becomes coming together to rebuild the family’s tree (in the comfort of your home and not being cold or needing to face the elements).
Love your insite and tips.. I strive to live small and have more time and energy for what matters..
I ordered a pair of Hoka running shoes $160 orig from Poshmark for $40- look like new! Pays to look at several options but some fantastic deals to be had!
You haven't gotten rid of it because it has sentimental value to you (your FIRST trip). No worries! It's okay to keep it. Just display it for the story it provides and not keep it in the closet.
It doesn’t really mean much to me, though honestly. I think I just keep forgetting to donate it.
I agree with the car, souvenirs, holiday junk, and some of the brand name stuff. But the new tech point is where i have to point out a flaw.
I always buy the latest smartphone, watch, and headphones, but only when mine are about to give it. My smartphone is my wallet because it helps me to stay minimized. Carries all my notes, calendar, contacts, photos, videos, credit and debit cards, music, and i basically use it to control my life. Do I buy the latest every year it comes out? No. I usually keep a smartphone for 3-4 years, headphones about 2-3, I'm on my first smart watch because I have a Pixel Watch to go with my Pixel Smartphone.
Also, I will pay for a Netflix subscription for as long as it takes me to finish a series, then cancel it.
Would you consider making a video on how to reap the rewards of travel benefits and how to properly set it up in order to “rinse and repeat”? Thank you! 😁
I think with new cars, *it depends*. If you just need a car to get you from point A to point B, I feel that it's worth getting a cheap new sedan with a good warranty, if you can afford it. I did that with my Elantra 4 years ago (paid it off in 2.5 years). Probably gonna drive that thing for another decade, at least.
One thing is true: As a business traveler you hardly ever pay for you private travel, plus you get upgrades everywhere.
Thankyou baby clothes and toys even if you hate 2end hand just have a look there is more than enough new stuff out there.
You live like we ALL did in the 70s. We did get a few Christmas presents. It was when we got clothes and boots we needed and a few toys. My parents had their fridge x40 years !!! They got a new one bc they were afraid it would die. And the new one lasted 4! We had one car growing up . Went on one trip for 4 nights per year. My sil doesn’t understand how we all grew up then but it worked.
Same. Except we rarely went away and that was a shame- we go away more with our kids and tend to camp.
Agree. No one unless rich brought much. We were all too busy living to care about stuff.
This should be call, how to save money when you are rich
I dont know who needs to hear this saving for a better investment is a great step to financial freedom you're saving a day off work
The best advice of the year so far-you've covered so much ground. The best step toward financial freedom is saving a day off of work. I am really eager to begin investing.
@@bashirauwal5825 Yes, it has helped my overall income; I earn roughly 2k each week from my investment portfolio
Wow that's awesome I'm really excited about this how do I get started
There's a lot of investing options real estate, cr ypto, ETFs, s tocks but my best advice get a professional lead you into profitable one
@@albertcharles4415 Ok how do I get one of these professionals to guide me through the process can you recommend one ?
It started off so good and then turned into "eh i don't like it so we will rob out child of that experience" real quick
Bro?
In my travels... I only buy ref magnets that could easily be stored on my ref door and remind me of the places I've been... 😅😅😅
I love mint, I part for my plan annually with saves me $60 a year. I do unlimited for 300 a year, they’re amazing
🔥🔥🔥
Omg unlimited for $300 a year! Wild.
So true. I'm also trying to cut down useless spends & save. Need to make new habits to save.
Thanks
Some great reminders on practical ways to save money. For Christmas this year, we just each shopped for things we needed that month, then when the Amazon boxes came in, I wrapped them up sight unseen and put them under the tree and randomly distributed them. So the surprise was what was in the box. It was kinda kooky and hilarious as everyone got the experience of opening up presents - it just might not be theirs LOL.
I am so sick of gifts on holidays. gifts for Christmas, valentines, easter, birthdays! It's just so much. I keep the number of gifts down for the kids and only get high quality gifts.
I stopped buying car fuel, car insurance, maintenance, and other related expenses by moving to a small town in Australia where I can walk to all of my local destinations and access the train systems for going into the city, Melbourne.
I'm already living by all these principles. Wonder how else I can save and make my life more simple.
Decorations are cute when you have a family....other than that...unless you LOVE the holidays...a total waste.
10:10 A previous occupant of my house left behind a fake Christmas tree. I set it up every year.
You can buy seasonal decorations at garage sales then use it forever.
Good list! Just multivitamine. I'm not going to use meal replacements. They don't work.
Using a credit card as a wash through to generate "points" to get airfare and hotel discounts is not my idea of minimalism. I'm glad it works for you.
1:21 I started collecting piggy banks for every city we visited. After buying like 12 of them, I was like... Where in the he$$ am I going to display these???" And that was the last of me buying souvenirs.
Goodness treat yourself a little. We live once, uts nice to holiday and gift. I couldn't bear not giving my daughter a Christmas gift or birthday gift.
I get my jeans from thrift stores. I am in my 50’s pre lycra in jeans age. I like stiff jeans so thats where i find them. Win win. Never had a new car. I have wasted so much money on stupid frivilous purchases. Now i am downsizing and i find those material things don’t bring me joy.
Mint is the way
Buying slightly scuffed appliances is a great idea!
💯
People buy a lot of things that we don't need, just to prove to someone that we are better than others, or coze its for a sale or ect
How to become a minimalist? I am very interested in this topic, I want to try to live as a real minimalist for at least a year to understand if it is really mine.
All the tips are great, thank you!
Not buying toilet paper is a good one!
Clean the area with soap and water and/or hand sanitiser and use paper towels left over from veggie cleaning or nose wiping.
You'll be healthier and save cash $$$
A pre-paid flip-phone is indeed a huge money saver....
I subscribe to zero streaming services, but somehow still end up watching any of the stuff that really really appeals to me... :)
Brand names are effectively a scam, unless they have a rep for solidly built items that earned them their 'brand'
Car's are such a big expense. I lost my car in Hurricane Ian and HAD to buy a new one. We needed to get a car to get to work and a lot of the used cars in the area had been hit by something from the hurricane and had been repaired. It just was safer to buy a new car.
That's fun to see how people discover themself a way of life that I was forced to live for decades. You really don't need much to feel good. 🖖
Mint mobile is $30 for unlimited plan which is same as cricket wireless. At least they have physical locations 🤷🏻♀️
Airbnb is almost always more expensive from what I’ve looked at
I roast my own coffee at home and have first net which is the best cell network you can use, only for first responders though.
Don't buy souvenirs is one thing, cook at airb&b? ..... No way, if I have to cook, I don't go. Why not stay at home and cook?
Our 2006 Honda Civic has 260k miles!🎉
My family buys a new magnet when on vacation. Our fridge always makes me happy when I look at our carefully curated magnet collection. It also keeps my kids from asking for travel trinkets.
I used to do magnets but have switched to postcards that I add to a ring I can flip through. I can also add a photo on the off chance it gets printed out.
I'm doing the magnet thing as well. They often combine pictures with the tangible souvenir and immediately lessens the need for other souvenirs. 😊
The photo you took is really beautiful.
I thought I was alone in the universe with presents thing. I hate that people would give them just because they are forced by society habbits. 99% of the time I get shitty things that I don't use at all because useful things are more expensive or requires a lot of effort to get it right. Then there is the part where "I need" to do it myself, forced by the circumstances (work is progress).
Lets go the box the best distraction
Sorry, I can’t do the AirBNB.
Me watching this thinking I can maybe save some more money.
*Me after 13 mins of watching this video*
Oh, I don't do any of this stuff lol.
We get judgement and backlash due to not participating in presents. My kids who are older now don’t even care, but somehow friends and other family think we’re cheap. Not the case, we just don’t want clutter over taking us. My kids know to ask for things whenever that they actually need
You’re smart! Never mind those people, they’re just jealous of you!
Several years ago, we went from drawing a name of another adult family member for the following Christmas gift giving to no gift exchange. During the year, if we see something a family member would like we buy it and gift it to them the next time we see them. Thank goodness, there is no one in the family keeping track of who gives what to who during the year. Our holidays are celebrated with a nice potluck at someone's home with good wine, good chocolate and great fun conversation.
I chose to opt out of gift buying last christmas, and i asked everyone to not buy me anything since i wasnt participating...they all got me gifts anyway.. i was a little annoyed but oh well. I think gift buying/giving is so stressful and not neccesary. How cool would it be to instead of all buy gifts for eachother the families save all year and we go on a trip together? That would be more fun.
Problem with cars is sometimes there’s an emergency
I have a 2015 car. I have 4 lines of unlimited everything with T-mobile for just $25 per month per line. The rest I don't do except for the supplements. I do a multi-vitamin, a calcium and a B complex.
I got rid of all of my subscriptions. It was so difficult that one company kept charging me 3-6 months after I canceled my subscription. I had to pay for a stop payment to stop the charges. Never again. Ending them saves me money in the long run. 🧐😒🤓
Our family is small so we changed the way we do our Christmas presents. Instead of giving each other useless crap, my brother and his family will come up with either a visit to a restaurant, museum, theme park, zoo or whatever. My mom and me choose something too. This year (2023) its a Christmas market in Germany (I live in the Netherlands so it's our neighboring country) and an open air museum. One is for spring/summer and one for the late fall/winter time. Since we don't exactly live close together this is a great way to spend time together.
AirBnB used to be the best bet but the whole hustle culture/investment property baloney kinda ruined it that AND cost of living for locals in a lot of places. I'm getting a little sour on AirBnB.
The new car thing is open to debate. While I agree that it’s a waste to buy fancy cars, “new” vs “used” isn’t the argument it used to be. The used market is outrageously inflated, so the savings are pretty marginal at this point. If you buy new, most come with a warranty or other deals that can make it a better buy than used.
This was especially true just a couple years ago when interest rates were so low. I purchased a 2022 KIA Rio 5-door at a 1.9% interest rate, including a 100,000 mile drivetrain warranty. I drive a LOT for work, so the peace of mind was worth the extra $50/month compared to buying something lightly used.