So, I think what I've learned from reading through the comments is that a significant portion of people who watch personal finance TH-cam have problems obsessing over their personal finances
Name someone who succeeded at something without being obsessed. Michael Jordan, obsessed. Tom Brady, obsessed. Magnus Carlson, used to be obsessed. A ho hum attitude will get you ho hum results, no matter what the activity.
For some time, I was obsessed learning about the opportunities I had missed for being to busy working and not watching and managing my retirement accounts. Now that I have made the proper financial decisions (according to me) I am less stressed out about watching every TH-cam video about finances and investing
Money avoidance is a real thing. At the start of the Great Recession my wife and I were both laid off and we both struggled mightily to find work and meet the bills then shortly thereafter my wife miscarried. For about 6 months I was a total recluse, I am grateful for loving family and friends who saw us through and were so incredibly merciful because I was not in a good frame of mind, I don’t wish that level of depression on anybody
Pretty sure I was an avoider much of my life. Feels like it's pretty prevalent in people with low incomes. We have wants and needs and well damn... we have bills. It sucks. I'm glad you're not longer recluse. Best wishes.
I grew up poor and I think because of that, I hoard money now. But I also have a low self-esteem and so dont believe I truly deserve to seek higher paying jobs or things like that. I'm working on it, and have come a long way, and I can be proud of that.
One of the indicators that our society is broken is that even middle-class workaholics and hoarders are barely keeping their heads above water. This is doubly bad, since it effectively rewards and reinforces unhealthy behavior. Working yourself to death is celebrated, and Hustle Culture is born.
I don't think you know what it means to "barely keep one's head above water". Travel abroad and you'll meet most of humanity for who running water, multiple-room housing, heating (let alone AC), eating red meat, getting higher education, going on holiday or taking a plane or owning a car is privileged. In the US (or the OECD) that lifestyle is easily accessible to the whole middle-class (whereas it wasn't for out grandparents)
@@huguesjouffrai9618 The term middle class is much too vague. I doubt that what you mean by middle class is the same thing the other commenter meant by middle class. Not everybody here in the US considers multiple-room housing, going on holiday or taking a plane to be part of a middle class lifestyle. In the US, the vast majority of the population believes that they themselves are part of the middle class. So, if they can't afford such things themselves, they probably don't consider that to be part of a middle class lifestyle.
@@joshparker5779 are you going to tell me that people who consider themselves middle class in the US can't afford a car ? Or living in a place with multiple rooms (that includes a bathroom, a kitchen etc) When my grandparents were my age, having a bathroom was a luxury. Today I doubt that anybody who's middle class in the US doesn't have access to at least a shower. The US is so rich that getting fat is the major health issue for poor people. People drink more sodas thank sink water (which costs next to zero). Middle class Americans need to stop complaining and realize how rich they are... And stop polluting the planet this much. Middle class Americans emit 15-20 tons of CO2 with their unnecessarily huge cars, their careless use of AC and heating and the massive quantity of meat and cheese they eat.
@@huguesjouffrai9618 From your comments, I gather that you probably think that homeless people who consider themselves middle class in the US are just, like, being silly or something. What I was trying to tell you in my previous comment is that your understanding of what "middle class" mean isn't universal. The way you repeatedly and persistently use the term muddies the meaning of your message.
I don’t think hustle culture is about “working yourself to death” no one actually celebrates that. The point is to simply going beyond the basics since extraordinary outcomes usually require extraordinary sacrifices
If I don't know how EVERY penny has been spent or saved each month, I become anxious & aggressive. Eg: just last week my mobile phone screen broke, new phone purchased but my budgeting app's online backup hadn't updated for a while... I had to put everything on hold until I resolved it. No work, no hobbies, no enjoyment until I had recalculated everything again. Reviewing receipts, sifting emails, comparing bank statements, trades & transactions - going back months. Once I had finished this, I was satisfied and returned to my daily life. I recognise this as a problem.
Yep, I feel this. I even notice when something is a couple dollars off. To an outsider I'm sure it looks like fiscal responsibility, but it makes me put important issues and daily tasks on hold until I figure it out.
I'm defiantly a money Hoarder I don't spend money on anything I can't because I'm always worried about emergencies happening like if my car breaks down or a spontaneous medical bill
Damn, this one hit me hard. Thanks for this video and all the other knowledge you work so hard to put out there. I hope everyone gets the help they need.
Thanks for a great video on a different, interesting, and helpful topic! I've never heard of money disorders. In addition to these disorders, money struggles can be common for folks with other issues like ADHD. Thank you!
The more you learn about money, the more you start to realize that a lot of your spending and/or saving habits might be a result of emotions stemming from past trauma or experiences. Thanks for making this video!
Most people I know would probably accuse me of being a money hoarder, but I have much less than I should for my age and still paying rent! It is hard to get ahead on a low income.
I got accused of that alot too because I never spent much on anything. Then I discovered Dave Ramsey and found out I was already kinda doing his plan of saving 3-6 months of expenses. It's not like I had more than that in the bank, but people thought I made a lot more than what I do being an engineer.
I'm curious how much a person "should" have saved based on what metric? Something like 75% of Americans can't come up with $400 in an emergency. Therefore, if you have more than $400 in savings, you are in the top 25%. I'm in my 50's and have next to nothing saved (I can get my hands on up to $10k if necessary, but it would destroy me financially with early withdrawal fees and increased taxes). All of the financial advice you see on these videos are for people who have six figure incomes and employers who give them generous benefits. If you aren't making close to or more than $100k, there is no point in listening to the advice of most of these channels. It doesn't apply to anyone who isn't in the top earning quintile.
@@MsGenXodus how? Most personal finance channels give advice like don't buy coffee from Starbucks and don't buy clothes based on the latest trends. I'm not saying those types of advice are necessarily super useful, but you hardly have to be earning 100k to make use of them
I'm definitely a money avoidance person. Didnt realize till recently that my depression/anxiety cost me more than anything. I never feel like I'm good enough to have anything
Whoa. Whoa. Whoa. This was SUCH an interesting episode and covers a topic that I wouldn't have thought of. I haven't seen other personal finance videos cover this range of money disorders. Really great work that's given me a lot to think about!
I’m definitely a shopaholic, but I rarely actually buy anything. Instead, I think of something I need, say a toaster, and every day for weeks I am researching through amazon and reddit, reading everything anyone has to say about the best possible toaster, compulsively checking craigslist to see if anyone has it for sale for a good price used, almost every time I never buy anything. Delivery companies hate me, I might buy something, but then I immediately cancel the order the next day because I realize it isn’t “perfect” or a “good deal”. Before long I have moved onto the next thing deciding it’s not time to buy a toaster yet. Its gotten so bad that I had to install a 3rd party blocker not for social media, but for shopping websites, which are very numerous and difficult to block entirely.
This is such an important topic! I grew up in atypical money vigilant family. My parents are now retired with more than they could spend. They are still hoarding and fighting about small budgets! I’ve tried many years trying to correct their behavior and recently I realized that it’s rooted in their subconscious financial insecurity. So I started to reinsuring them where ever I can and it’s working! It’s big task, but I’ll keep at it😊
If they are retired and have enough money then they are the exception. Fear of spending means they actually have money to spend. Most people ought to learn a thing or two from your parents.
Thanks for breaking this down. Knowing our relationship with money is so important to know how to change it. Growing up low income gave me a heavy scarcity mindset where I thought I would never have enough money. After over ten years of financial stability I’m still have to work to shake this mindset off.
You guys do a great job and make the message very straight forward. We have Martin Lewis in the UK in a similar vein who explains things well and gives pointers for self management. It is great to have content of this sort - thank you.
To normal people I seem like a money hoarder, but I just want to save and invest as much as I reasonably can so I can get out of the rat race as soon as I can. I think it’s crazy that more people don’t have that same goal
My 'disorder' is living in los angeles where rent is 2k a month and i can only afford 1300 with my job so I live with my parents until i have enough saved up and find a roommate. they treat me like crap and i should be grateful i'm not homeless and throw it into my face everytime i do anything positive for myself (like get a job) and that i need to do everything for them (they're retired) because THEY overspend on hobbies instead of being financially responsible. i never give in to their demands despite several threats of being kicked out (technically they've done it 3x in my life). they say things that don't align with how they treat me. They have always had poor financial sense and i'm doing my best to save up enough for moving costs (about 1/3rd there now and it'll be another 6+ months). It would be nice to be able to survive on my own without a roommate at 38 years old. I also had medical issues that landed me back with my parents in 2019 and went bankrupt, so it's a bit scary to live paycheck to paycheck again, knowing i have chronic health issues. With the verbal and belittling abuse at home i don't have much self worth anymore, or at least i don't think anyone will hire me for my worth. I've only been underpaid. sorry for the vent, but this country sucks and i know many people suffering like me because of how expensive this country is for medical costs and rent when compared with how much wages are.
@@Alexzw92 one of my goals is to go to Portland or Seattle. But would need a job there along with money to move. To say the least I feel trapped in my situation for a long time longer. CA is great though, but the cities where the jobs are just aren’t sustainable if you aren’t in certain fields (one I’m trying to break into, but tough).
@@waleyefish9026 yeah been doing my best but I wanna visit before I commit to a place I don’t like. I was pushed here from an even more expensive area I didn’t succeed in (NYC suburb). Thanks for the support and encouragement strangers on the internet ❤️
Funniest video from Two Cents for a very long time (buy a razor - LoL) Which is probably because it’s dealing with one of the most uncomfortable and awkward topics they’ve dealt with. Using humour to broach difficult topics is often the best way. Well done, and thank you.
What a great video. It's great to be able to identify these behaviors in ourselves. I see some of them in me too. Thank you for taking the time to put this together!
If by chance there's any compulsive shoppers in the comments, a reminder that you can always return things if you have the original packaging or tags intact. Even if you get a thrill out of buying things you don't need, you can get that money back.
I think we're all overlooking something. People with disorders often accept this concept of disorder "I have a disorder" as their primary excuse for behavior once they learn this to be a 'disorder'. We need to redefine disorder upfront as something that can be overcome with commitment and not leave it as the part that's discussed last. Great video tho, lots of important discussion.
I'm not neurotypical, I have mental disorders such as PTSD, ADHD, etc, and the way people talk about mental disorders I find incredibly upsetting. It's glorified, then used as a get-out-of-jail-free card. But it shouldn't be. What these disorders do is essentially drag your starting line back, and you will need to work harder on certain things _and_ get help from others, and sometimes medication/treatment to succeed. That's what it means. We should glorify those with mental disorders who succeed, or who are putting in the effort where they deserve to have succeeded, not people who see their disadvantages and don't even bother trying, and instead treat their own mental disorders like a fandom
Sounds like you have questionable preconceived notions about people. Why don't you commit to leaving people with disorders alone and take your own advice?
You're right, it can be simply used as an excuse but I see it differently. It allows you to clearly define the cause of a problem so that either you can solve it or find ways to work around it. I say this as someone who was diagnosed as an adult with a disorder. Instead of trying to fix the unfixable, which I'd been doing since childhood, I've learned new ways of getting what I need done.
I don't even have financial problems, but as someone who's brother died at only 23 years old because he couldn't afford medical, I'm angry and I want change.
You can also have an issue with peer pressure. My family praises the hell out of my financial budgeting and express admiration at how quickly I get debt paid off. They also come to me for any questions about taxes or investing, but the reality is that it's incredibly easy for me to become obsessed and hearing that praise makes it harder not to.
Ecclesiastes 7:12 For wisdom is a protection just as money is a protection, but the advantage of knowledge is this: Wisdom preserves the life of its owner
I fall onto the hoarder side. I get incredibly anxious when I don't have a certain amount of money over some arbitrary amount. I came of age during The Great Recession and I think a lot or my anxiety comes from going through that.
I’m definitely a money hoarder. I spend really nothing on myself in order to save as much as I can. And I feel like I can’t make any real life moves like an apartment or condo or house because I’ll never have enough money to survive what’s coming down the line
Yea I think kinda the same way. I like to be prepared for the future and it sometimes prevents me from making moves (ie buying a house) I learned to ease up a bit and find more a balance after I met my fiancé and we are preparing to get married. Since we need to get a bigger house(currently renting a small 2 bedroom apt multi family). My family always points it out and they are right that I like to see a large amount of money in my bank accounts to feel confortable.
Sadly, I can’t relate to any of these even though I tried a lottery ticket, it wasn’t fun. I rather be addicted to selling stuff for money and be a cheapskate
My mother always told me to buy a car instead of riding a bus everywhere i go...and i always told her...il keep my bank account fat rather than ending up as a fake rich broke car owner...
I'm actually extremely grateful for the "financial enmeshment" that I experienced as a child. Raised primarily by a single mother who made it extremely clear her unfortunately financial situation, some her fault some not, on a very regular basis. I believe this caused my brother and me to both take an interest in finance and financial responsibility very early on, that has stuck with us over our lives thus far.
Wait what if I am still living in my parent home just because of how crazy housing is. I pay for everything else on my own, like my own car, I go to work, anything I want I pay wiht my own money. And I invest around 40% of my income so I can save up to move out and buy my own property....but I haven't moved out because it's just stupid here in New York? Am I being a free-loader?
Wow really good video thank you. I definitely learned some important things, like: it is so true that fan fiction doesn't write itself! haha jokes aside, good video!
I remember taking an online quiz on how much my ideal lifestyle would be and my result was 175k a year, I was a teenager, and I told my aunt and she said take off 100, you'll be fine. then this online course that's called the science of happiness from Yale said its been proven that past making 75k a year, no one is any happier from their finances.
Get the mustache back! Nice video btw. But were are the compulsive savers? The cheapskates? Is it not possible to have a disorder in the other direction?
Eventhogh i have a good Financial life I hate money. I hate having it, hate managing it, hate worrying about what to do with it. But i also have money worship.
Can explain trickle economics. Such as history of the car . Or inflation. Less money spend on Fun and unnecessary and less who can provide of fun stuff we don't even need but enjoy.
Should I send this to my fmr-spouse and MIL? Nah. Oh man, I miss when I was working & financially healthy. Amazing how quickly poor health can take it all away. D'oh well
My brain just told me that money issue is like health issues, ppl don't wanna put in the hard work to be healthy so why would they put in the hard work to be financial healthy. The system has become where we wanna have an app or go see a psychologist so we can work through our issues?..so now I have to pay money to fix my money problem??🤦♀️ just stop wasting money on junk/"happiness" and save that or pay of your loans/bills. Simple maths. 2 cents.
I live in a state with money disorders and here's the worst part it's so bad they think you're supposed to just go to work pay bills and die and when it comes to poverty they think it's just normal to go through it and nowadays post covid
Incomes haven't kept up with inflation and they're trying to convince people there stress over it is a disorder. I'm doing extremely well financially since my bills take up only 1/6 of my spouses income, but..... I look at the numbers and know the average American income isn't enough to live off one income any more.
My husband graduated top of his class with a degree in Electrical Engineering and I still found it hard for many years to make ends meet when our son was born needing 3 open heart surgeries. We made it, and started saving eventually but seriously our society is broken.
I always see money as security in an unpredictable world. If I make as much as possible and invest most of it, I might not get to FIRE and retire early, but if I die with millions upon millions in assets, then my family won't ever have to deal with what I did and ever worry about money themselves. It's a noble sacrifice to me.
There is danger in saying that money should be emotional and make you happy. That's nonsense. Money is nothing more than a tool to accomplish certain tasks. Saying money should make you happy makes no more sense than saying owning a screwdriver or a hammer should make you happy. It is accomplishing worthwhile things with a tool that should make you happy, not the tool itself.
So, I think what I've learned from reading through the comments is that a significant portion of people who watch personal finance TH-cam have problems obsessing over their personal finances
Yes guilty as charged. It s a problem sometimes as I can't enjoy life sometimes.
Name someone who succeeded at something without being obsessed. Michael Jordan, obsessed. Tom Brady, obsessed. Magnus Carlson, used to be obsessed.
A ho hum attitude will get you ho hum results, no matter what the activity.
@@darylallen2485 you forgot to mention Tucker Carlson. Lol 😂 😅 😆 😁
For some time, I was obsessed learning about the opportunities I had missed for being to busy working and not watching and managing my retirement accounts. Now that I have made the proper financial decisions (according to me) I am less stressed out about watching every TH-cam video about finances and investing
🤚
Money avoidance is a real thing. At the start of the Great Recession my wife and I were both laid off and we both struggled mightily to find work and meet the bills then shortly thereafter my wife miscarried.
For about 6 months I was a total recluse, I am grateful for loving family and friends who saw us through and were so incredibly merciful because I was not in a good frame of mind, I don’t wish that level of depression on anybody
Pretty sure I was an avoider much of my life. Feels like it's pretty prevalent in people with low incomes. We have wants and needs and well damn... we have bills. It sucks. I'm glad you're not longer recluse. Best wishes.
Sorry you and your wife had to go through that
Thank you for sharing. ❤️
Thanks for sharing. I wish you the best in life.
I grew up poor and I think because of that, I hoard money now. But I also have a low self-esteem and so dont believe I truly deserve to seek higher paying jobs or things like that. I'm working on it, and have come a long way, and I can be proud of that.
🎉 that’s amazing! You may not realize this, but people who love you will be much happier now as well! ❤
On the contrary, you deserve to seek wealth more than ever!
I always want a higher income, the problem is, that’s hard to get.
I must confess that I miss the mustache.
Yes! I was going to write that, but figured I could easily find this same comment from someone else 🙌
Bring back the stache!😆
I also miss it, it was a great style.
He was rocking it before having a mustache was cool
It’s amazing how personal finance is. You could ask 100 people about their relationship with money and get 100 different answers.
Man WhatsApp beat me and stole my money. Don’t call WhatsApp they sneakin’ and thievin’
😊
One of the indicators that our society is broken is that even middle-class workaholics and hoarders are barely keeping their heads above water. This is doubly bad, since it effectively rewards and reinforces unhealthy behavior. Working yourself to death is celebrated, and Hustle Culture is born.
I don't think you know what it means to "barely keep one's head above water".
Travel abroad and you'll meet most of humanity for who running water, multiple-room housing, heating (let alone AC), eating red meat, getting higher education, going on holiday or taking a plane or owning a car is privileged.
In the US (or the OECD) that lifestyle is easily accessible to the whole middle-class (whereas it wasn't for out grandparents)
@@huguesjouffrai9618 The term middle class is much too vague. I doubt that what you mean by middle class is the same thing the other commenter meant by middle class.
Not everybody here in the US considers multiple-room housing, going on holiday or taking a plane to be part of a middle class lifestyle.
In the US, the vast majority of the population believes that they themselves are part of the middle class. So, if they can't afford such things themselves, they probably don't consider that to be part of a middle class lifestyle.
@@joshparker5779 are you going to tell me that people who consider themselves middle class in the US can't afford a car ? Or living in a place with multiple rooms (that includes a bathroom, a kitchen etc)
When my grandparents were my age, having a bathroom was a luxury. Today I doubt that anybody who's middle class in the US doesn't have access to at least a shower.
The US is so rich that getting fat is the major health issue for poor people. People drink more sodas thank sink water (which costs next to zero).
Middle class Americans need to stop complaining and realize how rich they are... And stop polluting the planet this much. Middle class Americans emit 15-20 tons of CO2 with their unnecessarily huge cars, their careless use of AC and heating and the massive quantity of meat and cheese they eat.
@@huguesjouffrai9618 From your comments, I gather that you probably think that homeless people who consider themselves middle class in the US are just, like, being silly or something.
What I was trying to tell you in my previous comment is that your understanding of what "middle class" mean isn't universal. The way you repeatedly and persistently use the term muddies the meaning of your message.
I don’t think hustle culture is about “working yourself to death” no one actually celebrates that. The point is to simply going beyond the basics since extraordinary outcomes usually require extraordinary sacrifices
If I don't know how EVERY penny has been spent or saved each month, I become anxious & aggressive. Eg: just last week my mobile phone screen broke, new phone purchased but my budgeting app's online backup hadn't updated for a while...
I had to put everything on hold until I resolved it. No work, no hobbies, no enjoyment until I had recalculated everything again. Reviewing receipts, sifting emails, comparing bank statements, trades & transactions - going back months.
Once I had finished this, I was satisfied and returned to my daily life.
I recognise this as a problem.
I feel that
Yep, I feel this. I even notice when something is a couple dollars off. To an outsider I'm sure it looks like fiscal responsibility, but it makes me put important issues and daily tasks on hold until I figure it out.
0:05-0:22 is an unforgettable, concise, accurate, description of money. I won't forget it.
This is NOT your two cents. This is your million dollars. Great content. I saw a lot of people I know reflected in this video.
You mean 2 Million dollars?
I'm defiantly a money Hoarder I don't spend money on anything I can't because I'm always worried about emergencies happening like if my car breaks down or a spontaneous medical bill
Damn, this one hit me hard. Thanks for this video and all the other knowledge you work so hard to put out there. I hope everyone gets the help they need.
And if they don’t get the help they need, they should reach out!!!
I actually cried... I have no words on how to describe how perfect this video is.
Thanks for a great video on a different, interesting, and helpful topic! I've never heard of money disorders. In addition to these disorders, money struggles can be common for folks with other issues like ADHD. Thank you!
The more you learn about money, the more you start to realize that a lot of your spending and/or saving habits might be a result of emotions stemming from past trauma or experiences. Thanks for making this video!
Agreed 👍
Most people I know would probably accuse me of being a money hoarder, but I have much less than I should for my age and still paying rent! It is hard to get ahead on a low income.
Don't listen to them!
I got accused of that alot too because I never spent much on anything. Then I discovered Dave Ramsey and found out I was already kinda doing his plan of saving 3-6 months of expenses. It's not like I had more than that in the bank, but people thought I made a lot more than what I do being an engineer.
I'm curious how much a person "should" have saved based on what metric? Something like 75% of Americans can't come up with $400 in an emergency. Therefore, if you have more than $400 in savings, you are in the top 25%.
I'm in my 50's and have next to nothing saved (I can get my hands on up to $10k if necessary, but it would destroy me financially with early withdrawal fees and increased taxes). All of the financial advice you see on these videos are for people who have six figure incomes and employers who give them generous benefits. If you aren't making close to or more than $100k, there is no point in listening to the advice of most of these channels. It doesn't apply to anyone who isn't in the top earning quintile.
@@MsGenXodus you're supposed to have 3 to six months of expenses saved up. Even when my household income was only 50k I was still doing this
@@MsGenXodus how? Most personal finance channels give advice like don't buy coffee from Starbucks and don't buy clothes based on the latest trends. I'm not saying those types of advice are necessarily super useful, but you hardly have to be earning 100k to make use of them
I'm definitely a money avoidance person. Didnt realize till recently that my depression/anxiety cost me more than anything. I never feel like I'm good enough to have anything
Whoa. Whoa. Whoa. This was SUCH an interesting episode and covers a topic that I wouldn't have thought of. I haven't seen other personal finance videos cover this range of money disorders. Really great work that's given me a lot to think about!
I’m definitely a shopaholic, but I rarely actually buy anything. Instead, I think of something I need, say a toaster, and every day for weeks I am researching through amazon and reddit, reading everything anyone has to say about the best possible toaster, compulsively checking craigslist to see if anyone has it for sale for a good price used, almost every time I never buy anything. Delivery companies hate me, I might buy something, but then I immediately cancel the order the next day because I realize it isn’t “perfect” or a “good deal”. Before long I have moved onto the next thing deciding it’s not time to buy a toaster yet. Its gotten so bad that I had to install a 3rd party blocker not for social media, but for shopping websites, which are very numerous and difficult to block entirely.
I can relate so much. At least it's not an expansive disorder but the time wasted hurts
Are you me? lol
This is me. I am always check prices of the things I cannot afford immediately. It's giving me unnecessary anxiety
I am very same😂😂😂😂🎉
This is one of the best videos on the internet i have ever seen. Its so good i watched it 3 times. Well-done couple
This is such an important topic! I grew up in atypical money vigilant family. My parents are now retired with more than they could spend. They are still hoarding and fighting about small budgets! I’ve tried many years trying to correct their behavior and recently I realized that it’s rooted in their subconscious financial insecurity. So I started to reinsuring them where ever I can and it’s working! It’s big task, but I’ll keep at it😊
If they are retired and have enough money then they are the exception. Fear of spending means they actually have money to spend. Most people ought to learn a thing or two from your parents.
Thanks for breaking this down. Knowing our relationship with money is so important to know how to change it. Growing up low income gave me a heavy scarcity mindset where I thought I would never have enough money. After over ten years of financial stability I’m still have to work to shake this mindset off.
You guys do a great job and make the message very straight forward. We have Martin Lewis in the UK in a similar vein who explains things well and gives pointers for self management. It is great to have content of this sort - thank you.
One of the best episodes I have ever seen so far.. Thanks a lot.
To normal people I seem like a money hoarder, but I just want to save and invest as much as I reasonably can so I can get out of the rat race as soon as I can. I think it’s crazy that more people don’t have that same goal
My 'disorder' is living in los angeles where rent is 2k a month and i can only afford 1300 with my job so I live with my parents until i have enough saved up and find a roommate. they treat me like crap and i should be grateful i'm not homeless and throw it into my face everytime i do anything positive for myself (like get a job) and that i need to do everything for them (they're retired) because THEY overspend on hobbies instead of being financially responsible. i never give in to their demands despite several threats of being kicked out (technically they've done it 3x in my life). they say things that don't align with how they treat me. They have always had poor financial sense and i'm doing my best to save up enough for moving costs (about 1/3rd there now and it'll be another 6+ months). It would be nice to be able to survive on my own without a roommate at 38 years old. I also had medical issues that landed me back with my parents in 2019 and went bankrupt, so it's a bit scary to live paycheck to paycheck again, knowing i have chronic health issues. With the verbal and belittling abuse at home i don't have much self worth anymore, or at least i don't think anyone will hire me for my worth. I've only been underpaid. sorry for the vent, but this country sucks and i know many people suffering like me because of how expensive this country is for medical costs and rent when compared with how much wages are.
Get out of California, before it’s too late
@@Alexzw92 one of my goals is to go to Portland or Seattle. But would need a job there along with money to move. To say the least I feel trapped in my situation for a long time longer. CA is great though, but the cities where the jobs are just aren’t sustainable if you aren’t in certain fields (one I’m trying to break into, but tough).
You have a good reason to get out of L.A.. If you stay, it could all go wrong. Try to research a new job and more housing for low income.
@@waleyefish9026 yeah been doing my best but I wanna visit before I commit to a place I don’t like. I was pushed here from an even more expensive area I didn’t succeed in (NYC suburb). Thanks for the support and encouragement strangers on the internet ❤️
@@CreativeMindsAudio Get a work from home and move out to North Dakota
Funniest video from Two Cents for a very long time (buy a razor - LoL)
Which is probably because it’s dealing with one of the most uncomfortable and awkward topics they’ve dealt with.
Using humour to broach difficult topics is often the best way. Well done, and thank you.
Always shining a light on topics thats are so unaware to many thanks again!
You guys freaking rock!!! Thanks for keeping this channel load with great content!!!
I absolutely adore your channel, thank you for addressing this issues
What a great video. It's great to be able to identify these behaviors in ourselves. I see some of them in me too. Thank you for taking the time to put this together!
If by chance there's any compulsive shoppers in the comments, a reminder that you can always return things if you have the original packaging or tags intact. Even if you get a thrill out of buying things you don't need, you can get that money back.
I'm, like, sooooooo frugal. And this, my friends, is a great thing 🤜🤛🎊
Reduce *then* reuse...you know the rest! ♻️
I think we're all overlooking something. People with disorders often accept this concept of disorder "I have a disorder" as their primary excuse for behavior once they learn this to be a 'disorder'. We need to redefine disorder upfront as something that can be overcome with commitment and not leave it as the part that's discussed last. Great video tho, lots of important discussion.
I'm not neurotypical, I have mental disorders such as PTSD, ADHD, etc, and the way people talk about mental disorders I find incredibly upsetting. It's glorified, then used as a get-out-of-jail-free card. But it shouldn't be. What these disorders do is essentially drag your starting line back, and you will need to work harder on certain things _and_ get help from others, and sometimes medication/treatment to succeed. That's what it means. We should glorify those with mental disorders who succeed, or who are putting in the effort where they deserve to have succeeded, not people who see their disadvantages and don't even bother trying, and instead treat their own mental disorders like a fandom
Sounds like you have questionable preconceived notions about people. Why don't you commit to leaving people with disorders alone and take your own advice?
that's a good point! also important to note the difference between "disordered behavior" and "having a disorder"
You're right, it can be simply used as an excuse but I see it differently. It allows you to clearly define the cause of a problem so that either you can solve it or find ways to work around it. I say this as someone who was diagnosed as an adult with a disorder. Instead of trying to fix the unfixable, which I'd been doing since childhood, I've learned new ways of getting what I need done.
@@scottwascher1505 he made a point though.
giving out money to extended family is a real issue for the elderly when greedy people are all flocking around the elderly
This was a really good episode! Thank you!
I didn’t skip ads because I want to support you guys. Keep providing financial education.
I don't even have financial problems,
but as someone who's brother died at only 23 years old because he couldn't afford medical,
I'm angry and I want change.
You can also have an issue with peer pressure. My family praises the hell out of my financial budgeting and express admiration at how quickly I get debt paid off. They also come to me for any questions about taxes or investing, but the reality is that it's incredibly easy for me to become obsessed and hearing that praise makes it harder not to.
This video is soo good!
Ecclesiastes 7:12 For wisdom is a protection just as money is a protection, but the advantage of knowledge is this: Wisdom preserves the life of its owner
I LOVE THIS VIDEO!!
Insightful, learnt a lot. Keep up the good work 🤙
I fall onto the hoarder side. I get incredibly anxious when I don't have a certain amount of money over some arbitrary amount. I came of age during The Great Recession and I think a lot or my anxiety comes from going through that.
Bring back the Stache! ❤️
I would willingly volunteer for a study of the effects of being given a very large sum of money.
Attracted a cockroach
1:04 could i suggest that the pictures in the intro be updated?
Never heard of Financial Rejection before. With my nerdy peer group that may not be the most common, but certainly the most uniquely characteristic.
I definitely have one. Couldn’t tell you which one based on what you said. Its kind of a mix of different things you mentioned
Thanks for this
I’m definitely a money hoarder. I spend really nothing on myself in order to save as much as I can. And I feel like I can’t make any real life moves like an apartment or condo or house because I’ll never have enough money to survive what’s coming down the line
Hey buddy the good news is you’ll be able to bring your money with you to the after life!
So keep up the suffering
@@0_1_2 lol
to me that is just being smart so you'll be able to buy that house without a mortgage or retire early. I'd just suggest running the numbers.
Yea I think kinda the same way. I like to be prepared for the future and it sometimes prevents me from making moves (ie buying a house) I learned to ease up a bit and find more a balance after I met my fiancé and we are preparing to get married. Since we need to get a bigger house(currently renting a small 2 bedroom apt multi family). My family always points it out and they are right that I like to see a large amount of money in my bank accounts to feel confortable.
I've been looking for this video the past 12 years! holy Cow!!
I needed this video.
Blessings be upon you and yours, especially for this specific content.
I hate spending money, when I don't have enough. Which I never have and probably never will. But then I spent the money anyway and hate it...
This channel is criminally underrated 😭
Great episode!
I don't have a spending problem i have a income problem :o
Dang, I'm a workaholic bc I don't have anything else enjoyable in my life. I spend all day working to avoid my personal life 🙃
Sadly, I can’t relate to any of these even though I tried a lottery ticket, it wasn’t fun. I rather be addicted to selling stuff for money and be a cheapskate
I would’ve thought that being a cheapskate is a money disorder but maybe not
Very cool episode. Insightful! I think I have money hoarding symptoms 😳
My mother always told me to buy a car instead of riding a bus everywhere i go...and i always told her...il keep my bank account fat rather than ending up as a fake rich broke car owner...
My mother used to expect me to report every penny. And no, we didn’t share money.
I'm surprised they didn't mention accountant in the list. This sounds like practical problems at all edges too.
I'm actually extremely grateful for the "financial enmeshment" that I experienced as a child. Raised primarily by a single mother who made it extremely clear her unfortunately financial situation, some her fault some not, on a very regular basis. I believe this caused my brother and me to both take an interest in finance and financial responsibility very early on, that has stuck with us over our lives thus far.
This was a very informative and thought provoking episode. You don't know until you know, you know?
I love these videos.
only money disorder i have is a money making disorder. Can't make the amount of money the economy demands of me in order to survive comfortably.
Loved the “rosebud” reference
Love the channel! But also, LOVE the podcast! Money Momas podcasts guys, you won't regret
Wait what if I am still living in my parent home just because of how crazy housing is. I pay for everything else on my own, like my own car, I go to work, anything I want I pay wiht my own money. And I invest around 40% of my income so I can save up to move out and buy my own property....but I haven't moved out because it's just stupid here in New York? Am I being a free-loader?
"because fan-fiction doesn't write itself" 😂😂
Bring back the mustache! The mustache made you feel more credible. Now I feel like I’m being lectured by a dude who just hopped off his skateboard
Yikes I'm a money hoarder.
Finally the video I have been looking for to send to my financially irresponsible mum!
This channel is so good
yes
Wow really good video thank you. I definitely learned some important things, like: it is so true that fan fiction doesn't write itself!
haha jokes aside, good video!
How moustache can change a person so much? Unbelieveable 😃 You’re teleported from 40 to 25!
How am I only just noticing there’s no ‘stache. I had to go back and check old vids 😂
Thoughtful & informative video. Thanks!
I remember taking an online quiz on how much my ideal lifestyle would be and my result was 175k a year, I was a teenager, and I told my aunt and she said take off 100, you'll be fine. then this online course that's called the science of happiness from Yale said its been proven that past making 75k a year, no one is any happier from their finances.
i didn't realize financial avoidance was an option. i dont have kids or spouse so this maybe a good way out of my money problems.
Get the mustache back!
Nice video btw. But were are the compulsive savers? The cheapskates? Is it not possible to have a disorder in the other direction?
Eventhogh i have a good Financial life I hate money. I hate having it, hate managing it, hate worrying about what to do with it. But i also have money worship.
Yes, "the no money" disorder
New hairdos, tattoos, facial hair changes. These two have changed a lot. Not bad just interesting to see so many changes in a couple.
He looks terrible now.
Can explain trickle economics. Such as history of the car . Or inflation. Less money spend on Fun and unnecessary and less who can provide of fun stuff we don't even need but enjoy.
I don't think that I have a money disorder, but I do think that I have an income disorder.
i have this thing where i have trouble spending money on myself, idk what it is considered though
Where is the moustache? We want ryan gosling with the moustache again 😭😭😭
Should I send this to my fmr-spouse and MIL?
Nah.
Oh man, I miss when I was working & financially healthy.
Amazing how quickly poor health can take it all away.
D'oh well
My brain just told me that money issue is like health issues, ppl don't wanna put in the hard work to be healthy so why would they put in the hard work to be financial healthy. The system has become where we wanna have an app or go see a psychologist so we can work through our issues?..so now I have to pay money to fix my money problem??🤦♀️ just stop wasting money on junk/"happiness" and save that or pay of your loans/bills. Simple maths. 2 cents.
I live in a state with money disorders and here's the worst part it's so bad they think you're supposed to just go to work pay bills and die and when it comes to poverty they think it's just normal to go through it and nowadays post covid
been watching you for years, im 13 now and I love your videos
Shame on anyone who shames people for having money problems when they live in a culture that has the deck stacked against the people.
Incomes haven't kept up with inflation and they're trying to convince people there stress over it is a disorder.
I'm doing extremely well financially since my bills take up only 1/6 of my spouses income, but.....
I look at the numbers and know the average American income isn't enough to live off one income any more.
My husband graduated top of his class with a degree in Electrical Engineering and I still found it hard for many years to make ends meet when our son was born needing 3 open heart surgeries. We made it, and started saving eventually but seriously our society is broken.
"It's only a problem when I run out"
I always see money as security in an unpredictable world. If I make as much as possible and invest most of it, I might not get to FIRE and retire early, but if I die with millions upon millions in assets, then my family won't ever have to deal with what I did and ever worry about money themselves. It's a noble sacrifice to me.
I have a name for my teenage years: financial enmeshment. From age 14 I had to care for my 3 younger siblings and earn money for groceries.
Thank you for the advice Ryan Gosling and Scarlett Johansson!
There is danger in saying that money should be emotional and make you happy. That's nonsense. Money is nothing more than a tool to accomplish certain tasks. Saying money should make you happy makes no more sense than saying owning a screwdriver or a hammer should make you happy. It is accomplishing worthwhile things with a tool that should make you happy, not the tool itself.