3 SKILLS To Collect Pokemon Cards On A Budget!
ฝัง
- เผยแพร่เมื่อ 4 ก.ค. 2024
- 3 PRO Tips to collect Pokemon Cards on a budget.
We live in a unique time period. We are now able to collect cards and get ourselves in debt more easily than ever before. Buy Now Pay Later services allow us to acquire things we want without having liquid cash.
This can become quite problematic when looking to add to your Pokemon Collections, so in this video, I uncover three Pro Tips for building your collection on a budget.
In this video, I go over collection goals, avoiding debt, and not falling victim to the Diderot effect.
VIDEO CHAPTERS ⏱️:
00:00 Pokemon Cards Are Expensive
00:43 The Issues Collectors Face
1:50 1: AVOID Buy Now Pay Later Services
2:48 BNPL Preys On You
5:33 2: The Diderot Effect
7:10 How To Avoid This Trap
7:46 3: Non-Chase Cards Are Winners
9:18 Bonus Tip
10:37 The Journey I Have Been On
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VIDEO CREATED BY DREAM DROP STUDIO | MELBOURNE VIDEO PRODUCTION:
www.dreamdropstudio.com.au
Disclaimer: This video represents personal opinions and should not be considered financial advice.
#PokemonInvesting #Pokemon #ScarletandViolet #PokemonTCG #PokemonCollectibles - บันเทิง
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Credit cards and "buy now, pay later" is the devil (for those who lack self control)
Couldn't have said it better myself mate. Pinning this for others to see.
@@phillips.collectibles your videos are so incredibly helpful to me as a returning collector who is starting over from nothing and with nothing.
Now that I'm older and make good money, I've been trying to reclaim my childhood. Pokemon has been a big part of that, I've gone pretty deep recently getting all of my favorites from my childhood while also trying to complete multiple master sets. Your videos helped me chill out and bit and enjoy it slowly instead of rushing. Keep it up! ❤
That's awesome!
Pokémon is by far my most expensive hobby but it’s also one of the few that will pay me back with profit
As someone with adhd that Diderot effect man. Is my whole my life. Makes collecting so hard because I need everything
Gotta balance it out!
Same! 😅
Didn’t know it was called the Diderot effect, but that is a great point! I have had that thought several times while collecting. To counter that, I make a list of everything I want for my collection. If I see something I want, I check the list to see if it is there, if not I usually think it’ll lead me off track of collection goals. Great vid as always!
I thought I had a good understanding about credit cards and not getting into debt. It still didn’t stop me from piling up credit card debt years ago. I learned the hard way but I paid it off and made sure I didn’t slip back into it. It’s not Pokémon related but it’s a lesson I learned and continue to remember when purchasing product for any hobby.
100% Samer. We all learn the hard way though!
Same here. I didn't realize that I was going over budget until I actually looked at the totals since the individual purchases weren't crazy.
@@phillips.collectibles agreed!
These are all my mistakes from previous moments i started with pokemon collecting... too accurate man, this video is must see for beginners with no doubt
I think we’ve all made these mistakes at one point in time….it can be a very addictive hobby!
Just a question of time when your channel blows up Phillips. You are killing it with these videos, keep it up!
Thanks! Setting a monthly budget limit for me together with my girlfriend helped me out a lot and builds trust between us. It also makes the purchases you get to make more rewarding. It indeed is an expensive hobby and it helped me to really decide whether the purchase I would make was really worth it.
100%. Great advice here regarding the budget.
I’ve game-ified my Pokemon budget. Every mile I run earns me a dollar. Every visit to the gym is $5. Gives me extra incentive to stay fit and healthy while keeping my spending under control. Usually works out to ~$100/mo, but forces me to “earn” it. Also keeps ridiculously-high-priced cards in perspective…
That's awesome. Very smart technique.
4:30 spot on. Being in debt over cardboard is a really regretful thing for me. I took a long break due to going to an Army school, and in that time the crash had begun. Big wakeup call for me.
100% correct about the coping mechanism as well. I have PTSD and insomnia, and my purchasing was insane when I was going through downward spirals over the years.
A very important piece of content, I recognise two of the behaviours you listed in my recent purchases and will take steps to curtail them. Thank you!
Phil, thank you for this one. I hadn't opened a pack in about 25 years until a month ago. I have spent atleast 5k since I started on this recent adventure. It's easy to keep chasing the high you get from pulling a really good card.
I've been just trying to stop opening my boxes and leave them sealed. I think the chances of me winning on sealed is atleast 2x better. And the chances of me keeping my money by not spending at all are even better but not as fun. Lol
Did you spend 5k on Pokemon the first month?
@newjones1754 yep. I have probably 20+ boxes still sealed. I bought a bunch of 151 at the reprint. Also opened a ton too. I've opened 15 151 booster bundles 2 upcs, 5 twilight masquerade boxes, a few tins and single packs and 1 night wonderer.
100%. Its very easy for this to blow out of control. Pace yourself the cards aren't going anywhere!
I have been saying that single player video games bit to friends for years! I’m glad to hear it come from someone else for once 😂 great investing advice! Thank you!
Couldn't agree more! Its honestly my biggest life hack to save. I’ve been playing Xenoverse 2 for like 3 months now! 👏
Love this video. I wish more content creators would make videos like this to remind people to keep a level head while enjoying the hobby.
Well said! I appreciate you watching the video.
i started collecting pokemon cards 2 months ago and goddamn, i'm so lucky i've found you on youtube at the exact same moment. Your videos are so damn helpfull. You're the only pokemon youtuber that shows things how they really are (from what ive experienced so far)
I appreciate that! Thanks for tuning in.
Great advice like always thanks. Great video!
Thank you for touching base on the Diderot Effect! I have never heard of it but it explains so much about what I wind up doing when collecting / buying singles. I was trying to complete the Galarian Gallery; however, I kept wanting the big chases. I was able to get Glaceon GG before it exploded but missed the chance on Leafeon. Also thank you for pointing out the buy now pay later dilemma as well. I've been trying to save money for big chases and always considered "well... I can buy it now and pay later while saving", never works out lol.
Every time you use BNPL you’re only robbing from your future self!
I’m a victim to all these points and it was scary how accurate you were with the example of the Diderot Effect cause I had just purchased a Paldea Evolve booster box to chase that Magikarp WHILE checking out with a pay in 4 plan 😩
It’s about pacing yourself my bro!
You’re a great man for creating this video 🤝🏼
Your videos truly speak to me. As a person that tends to have FOMO while also not having a huge budget for the hobby, I am really trying to learn ways to maximize my profits while also not spending more money that I really should. Love seeing your new videos when they pop up!
You can do it! I appreciate that my bro.
Getting back into this as I am seeing my older brother and his friends get into it has been pretty cool. Seeing how they collect there are some neat takeaways but also actions I personally wouldn't and couldn't do with my budget. Imo I either wait for my budget to increase for the cards I want and if the cards accumulate in value by then, there will likely be other cards on my watchlist that will fit into my budget. There really is no rush if you just want to collect for fun.
Really great advice, thank you!
You're welcome!
I'm gonna say it again. I've never looked forward to videos from any channel in my life, ever. I watch your videos like I do my episodes of my favorite shows. I look forward to them. Finally someone with intellect and real insight to the hobby. Someone that can actually describe a card with more than just "wow, thats so cool looking". Finally someone that explains patterns of art and artists, financial advise, dos and don't that actually have concrete RELATABLE AND REALISTIC experiences, tips, and advice. Keep up the great work Phil!
I appreciate this my bro! Thank you so much you’re a legend.
You're welcome brotha. It's great to be able to sit next to my wife or parents and listen to your videos, and literally have them interested in a Pokemon video. "That sounds like great advice. What class are you taking?" Said by my father! Way to put respect on the hobby.
@@hishamarafat7217 that's awesome! Some great feedback. Appreciate your support!
thanks for the advice :)
Any time!
Great video; I hear you on the single player video games. When our daughter was born, my wife and I bought a Switch and Breath of the Wild, which felt like a huge purchase at the time. But we spent 1000+ hours playing that game all together on the couch (often in the middle of the night). Money well spent, we still look back fondly on those memories.
That is awesome! And you know what it was one purchase...what awesome value.
Love your contributions!
Great advices brother!❤ thank you
My pleasure!
That’s actually well said haha specially in our situation 👍🏼 very good tips
Phil - really appreciate this video and the fresh perspectives your content brings to the hobby!
Appreciate that!
Thank you for your honesty. Very helpful video.
You are so welcome!
Great tips!
Appreciate that!
Gteat video man! I appreciate you speakign some sense to the community. It can become toxic and you dont realize it till its too late 😅😅😅
Probably one of your better videos especially when you mention oh I'll just buy the magikarp special illustration and oh then I've just got to buy the Eevee illustration too so there a nice pair!
It's extremely easy to find yourself down £500 in an afternoon on eBay if you don't have a good grip on your finances.
Problem is rushing trying to grab everything you missed out on before you started collecting and spending waaay to much!!!
I feel ya!
Good Video. I never do the buy now, pay later on anything. Can be dangerous for sure. I play a lot of single player games to, can always find good ones on sale
It really isn't good.
Great informative video.
Appreciate that! Hopefully it was helpful.
nice budget collectors video.
When I got into the hobby (around 9 months ago) I would just want to buy anything I thought was cool, granted these weren't all the expensive hitters, but your point about The Diderot Effect was really good. I always felt like I wanted something else. I think setting a goal like "I want to complete x set by spending £40 a month" has been the best way I have found to limit my spending. If I want a card that's £60, then whatever I don't spend in 1 month, can be then invested in the next to help me get those more expensive cards
What helps me is having a series of questions that I try to remind myself each time I'm contemplating a card purchase.
Do I feel comfortable spending x amount of money?
Is it a character I like?
Does the artwork inspire creativity?
Is the artwork so immersive I could spend 5 minutes looking at it straight from time to time?
Is it a good investment?
Is the cost relative to what others are paying for it?
Great questions to ask yourself
These are some great tips! I’d also add too that hobbies start personal and they should stay personal. Just because someone buys a case of booster boxes doesn’t mean another person has to. If collecting in your means makes you happy, then let that be what your hobby is and don’t compare yourself to others. I think you said it best in another one of your videos, comparison is the biggest theft of joy.
Keep up the great content!
Absolutely!! So weird you mention this as its a topic of a future video! Thanks for tuning in.
What a high-quality video! I can tell this channel will be big! :)
Wow, thanks! Appreciate that.
Really great points. Definitely do not want to endanger your livelihood for Pokemon cards as much as we love them.
Exactly!
Also as someone who priotized pokemon card as first thing in my life unconsciously, the people around you will know it even if you dont admit it. My girlfriend was hurt because 70% of all my money went to pokemon related things and spend most of the time for pokemon. Guys, dont forget this is just a hobby and you are NOT owning pokemon card shop
great videos for a man like me
great video again....thank you... but I have a question, do you know anything about whether there will be a Paldea Evolved reprint in the near future???
Not that I know of - though I assume it will its only a year old
BEST TIP: Learn how to sell. Budget to buy is what sold. Sell the low end to mid cards you can live with out when they spike. You can sell an old booster box, buy current box then keep difference. Also self grade. It becomes sustainable. I collect pkmn alt arts and weiss signitures. Havent put in new money for 4 years.
If collecting is what you’re most interested in you should really look at Japanese. For the SV era I’ve been getting all the ARs for a new set in a lot for less than an ETB. Then I open some English stuff and any illustration rares I get are a bonus. I got ones like Eevee and Gastly for 3-4 bucks a piece.
I would go in debt, buy Moonbreon at 1000$, sell it at 2000$ and make 1k$ profit 😂
The real way
How do people dose the amount of Pokemon packs to open? Vs investing/ keeping sealed?
What about Runescape?
I haven't paid for membership in 10-15 years you can just buy membership with in game gp. So basicly free.
I'm playing osrs last days and i'm enjoying myself greatly.
That's a great one I forgot about bonds
@@phillips.collectibles If you ever wanna play i can give you some bonds :)
Thanks newjones I haven't played since 2020…gotta look into it!
I blew a lot of money on Pokémon cards one week. But I make up for it in the aggregate cheap fuel, cooking for myself, deleting Uber eats is the fastest way to get money. 😂
hi, I read the book you recommended, the psychology of money by Morgan Hausel. The book was very interesting and above all written naturally, there were no complicated words or expressions that could not be understood. I wanted to ask if you know of another such interesting book to read. Thanks for the reply. Btw: it was the first book that I read to the end, I was very interested.
One of the greatest books of all time! Thanks for tuning in
@@phillips.collectibles definitely, but my question was if there is another similar book that I should check?
Atomic Habits
@@phillips.collectibles thank you
Where can you check prices older than 1y?
A lot of the places aren't accurate
Here in Asia everything is 2x the price only way to collect is import payment for shipping tax vat a 100 dollars item is 250 😂
First!!!! Love your videos man. I'm working on my collection and selling at my second ComicCon event this year. Budgeting is definitely a challenge!
Tell me about it... trying to Master Set EVERYTHING is a rich man's... or a fool's... task! 🤣🤣🤣 Sound advice!
How many master sets do you own?
@@phillips.collectibles Hey, Phillip! 👋 Currently... none! 🤣🤣🤣 I'm 95% finished Obsidian Flames and 96.4% finished SV 151... and ±60% finished all of the other sets from Crown Zenith through Temporal Forces. Like I said, a fool's errand, haha! My priorities are finishing SV 151 and Crown Zenith. As you say, I'm cautious with my Poke Budget and avoid the temptation to over-spend... and NEVER use debt. Slow and steady. That cards ain't going anywhere, and I'll get um in time.
low cost hobby playing pokemon tcg buying just singles to build decks
Klarna is god fam! Wtfffff yall talking about, gives you time to flip and find another avenues of revenue…credits cards are used the same