Ikr! How tone deaf! Imagine living so high above your means that even though you're one of the most well-known and successful influencers you're going bankrupt!
The problem is that people think they have more money than what they actually have. Thus this is why they spend over than what they can actually really afford.
My brother's wife has an addiction to Amazon. They get daily deliveries and have a room full of unopened boxes. This is getting very concerning as we are a frugal family. What to do??? It's just wrong 😞
@@tmcbgrrl0074I’m so sorry, that’s hard! She clearly needs help, if it’s possible she should start using the envelope system. Disconnect and cancel every card she has access to. Every week she gets an envelope with exactly the money she needs for real expenses- groceries, etc. A lot of people benefit from being able to see the money they’re spending, and when the envelope is empty, it’s empty. Above all she needs to figure out why she needs to buy so much on Amazon and fix her root issue.
There is a saying "sales keep you poor" because typically people buy a lot of sale items that they don't need. This saying doesn't include people who plan to purchase a sale item and budgets for it because they need it
you can’t convince me the influencer lifestyle is worth it. as a young woman working an average crappy job there’s nothing boring or sad about my life it’s full of good things. i can’t imagine the pressure of being in circles or communities where you need to spend hundreds of thousands on your clothes and appearances just to fit in. it’s a monster really
You’re right, it’s not worth it and these people live a sad and empty life, they are extremely narcissistic and unhappy which is why they have to post online to show everybody how “amazing” their lives are 😂😂😂 If someone’s Instagram is filled with pics/ selfies of them in designer they are super narcissistic and self absorbed
To be fair, you don't have to spend nearly that much to fit in. Just have some nice things, know good people, be smart with your money, and enjoy your fulfilling lifestyle of no financial worry.
And if you ever let those facial implants to slide out of adjustment you'll be a caricature of beauty until, in some decades time, your natural wrinkles and bags eventually grow thick enough to obscure them.
I am beyond proud to say that besides my mortgage, I have ZERO debt. Not a single credit card bill. No car loan. I can’t even begin to explain what a great feeling it is. I was in debt for years. 😊🎉
This happens to pro athletes too. They waste all their money on mansions and sportscars and then get cut or get injured and keep up their lavish lifestyle.
My favorite current example is Kroy Biermann and Kim Zolciak from Real Housewives of Atlanta. They spent like the money would never end, now they're getting sued by every credit card provider lol
That, plus marrying those like-minded sideline chicks🙄Then they "act" surprised and want a petty party when she takes half plus child support when they get divorced🤦♀
One of my favorite documentaries of all time is Broke from ESPN. It went deep into what happens to athletes when they don't manage their money right and it was a huge cautionary tale for everyone!
Imagine what the world would look like if people were taught in school about budgeting, saving, taxes, interest rates, different investment options and compound interest 🤯
My mom has always said so to, instead of teaching kids trigonometry and stuff lick that, they should teach personal finance. Starting on how to do savings. Teaching kids the discipline of saving.
We learn a lot of that in math class, though. I remember those word problems about how to calculate interest and compound interest, especially. Schools don't have time to teach us everything, but they teach us critical thinking skills and basic math, which should be a good start for learning the rest. I know it's not a popular opinion, but I don't think a lack of knowledge of these things is the main problem - it's folks spending to impress others and thinking the money will never dry up.
We were scheduled a section on balancing checkbooks in my Home Economics class… but we skipped it because our sewing projects took too long. 😭😭😭 Thankfully, my parents taught me how to do that (and to be very wary of carrying a balance on a credit card), but I very much doubt everyone else’s parents did the same.
I read a comment the other day that said something along the lines of “do you really want it or do you want others to see that you have it?” and it hasn’t left my head since.
This is my niece. Has to have the newest makeup & skincare, but doesn’t look after it or even use it. And when I say “this is just all for show isn’t it?! U just want ur friends to be jealous of u” she says “well yeah, duh” & “Idc”.
my mum had a tea towel that said "The Eighties! Where People Spend Money They Haven't Got Buying Things They Don't Need To Impress People They Don't Like" It seems this atitude has been going on for decades!😅
Earlier I was feeling bad about spending £3 on strawberries instead of buying the £2 ones, so this was a good dose of perspective- at least I'm not going into designer territory lol
Designer strawberries 😂 what’s the fanciest grocery store near you? In the United States the fanciest grocery store I think is Erewhon and their strawberries would be at designer prices🤭
@@Annejali I'm in Northern Ireland so the fanciest we have here is M&S (we don't have waitrose like the rest of the UK does). M&S have "red diamond" strawberries which are apparently very special, but they cost like £5 a punnet so I haven't tried them 😄
And there’s me freaking out because I had to take out a small loan to replace my broken laptop. And these people spends thousands on hangbags. 😵💫😬 Thanks Steff, you made me feel so much better about my decision!
At least a laptop you can use to make more money or something. That's what finance people call "good debt" lol. People are out here thousands in debt over nonsense.
I had to go grocery shopping today and the feeling of praying your card doesn’t get declined is not a good one. I just wanna buy some blueberries man, that’s my idea of true luxury and it makes me happy 😭People with money take it for granted and waste it without a second thought. I’m hoping this is my last year struggling and that everyone out here also finds themselves in a better place soon 💜
Blueberries is my idea of luxury as well! 😭💜 I feel you! Hope that everything goes well and you'll be able to buy blueberries when you want them in the future without having to worry about that money!
I was the last year that my school taught home management. It use to be a mandatory class to graduate, but when my best friend graduated the next year it no longer existed. It taught you to manage a house (how to budget, pay bills, about balancing checkbooks, etc). I feel so lucky i had that class.
I have friends whose apartment is a literal dump. The paint job hasn't been updated in over a decade, walls are chipping, yet they drive BMW's, Mercedes and have fake designer clothes. I find that dumb.
Yeah when I was younger, my cousins boyfriend would invite us out, I was a poor college student with a small car the only car I could afford. He would ask me to follow them and drive off in his fancy BMW leaving me driving like a snail behind him. He was even younger than me, and was always going out flaunting his money and cars. Turns out it was all his uncle's money/cars, they lived in this small decrepit house that was never maintained, his real car was the same model as my small car back in college. All that time I thought he was super rich... meanwhile I actually had more than he did. Crazy how people can fool others into thinking they are rich.
When I teach "The Great Gatsby", I always include lessons on money management (taxes, budgeting, loans, investing, etc). I get told "oh, yeah, we learned about already this in "x" class" OR a parent emails me to say I should stick to English. -_-
This is great. I used to be jealous about what others had… until i realized that a lot of these people (certainly not all) go into debt for these things. I spent my 20s in crazy debt. What people HAVE is not always what people have earned and own.
It breaks my heart to think that young women watch these influencers and believe that what they are showing them is true or desirable. Why are we raising girls (primarily girls) to either not be able to see what is true or not, or to crave something that is so empty and illusory? I think, as parents, we have failed abjectly. If we cannot raise our children to step into the world full of joy and curiosity and common sense, then we are nothing.
My husband reminds me of this often. I'm not the type to want extravagant stuff anyway, but I'll notice something and make a comment like, "Oh hey, looks like our apartment neighbors got a boat," and he will go, "They are probably in debt for it if we all still live here." 😅 He's probably not wrong. We live in the US and so many Americans are in debt, especially around our age.
@@Lenci_the_Nugget yeah I def have to remind my husband, he’s a bit younger than me. When we got a house he wanted to furnish it to the nine’s and I had to burst his bubble a bit. We “could” afford things but I sat him down with our amortization schedule for our mortgage and said if we do these other things now (extra payments) it’ll actually be way better for us in the long run. Boats and all that are cool, but I’d rather have security and not stretch myself. You never know when something will come up that needs you money or credit buying power more than a bag or something superfluous. I’m real fun at parties 😂
@@Lenci_the_Nugget omg same! I've had the same conversations with my husband. We live well within our means and don't have a bunch of toys. We are more about making memories and creating experiences. Much more valuable than superficial $#!t.
@@Thetinyfit I think that you sound like a great and smart person! Your husband is lucky to have a resposible and mature woman like you in his life, who will just make him richer both financially and emotionally. :) I wish I could be half as good as you are in that area xD My bf, who is younger than me, is more resposible with money than I am xD Im lucky to have him or I would gone bankrupt xD
I (35 years) always wondered how these young people could afford such things until I heard that it was a bit of trend to be bankrupt. I couldn't sleep well if I knew I spend more than I earn. 🙈
My parents taught me this lesson. "Once you make the money, then you have to keep it, and that is the challenge" Luckily my dad was a CPA. So, my sister and I learned how to manage our money well. First, never live beyond your means. Invest your money and diversify. Don't try to impress others, live life for yourself and your family. Remember, that money makes life easier, until it doesn't!
My neighbours rebuild Vintage cars. This included going to auctions. They bought 2 G wagons from a foreclosure sale for 10k each! They even offered to find one for me!! The amount of cars they’ve bought from bankrupt people is mind blowing
@Peajay007 That's really cool. Do they have a website or shop that they sell from? I'm really interested in people fixing vehicles like that. It's a cool hobby.
I know about the Creep, we inherited some dough, payed off debts and felt stable. Then we started buying. It became an addiction. I'm watching videos like this trying to knock sense back into my head. Im not even talking about luxury purchases, I'm talking about just enjoying pressing the "pay now" button on line. The dopamine hit involved.
I saw a great quote just the other day that I am trying to live by as well..."get your dopamine hits from your hobbies instead of shopping/influencers" i think it's a good reminder! Best of luck to you!
If you’re tempted by clothes and are looking for good videos, I’d check out Alyssa Beltempo and the Sustain This podcast ladies - promote slow fashion and loving what you already have.
If you’re dealing with any sort of addiction it’s helpful to participate in things that allow you to have safe interactions with others (things like volunteering, community events, hobbies etc). There’s a strong link between trauma and disconnection and addiction. Wishing you the best 💕
I searched her up on Google and her story is quite sad. Apparently, she struggled really badly with anorexia and I guess that her body dismorphia never really left her because she's had soo much work done since then.
Thank you, Stephanie! This is such an important message. We live in a world where we think we are never enough and try to mask it by how we look and what we do. Through messages likes yours it helps to change the perspective
I will never understand how people wind up absolutely broke after making $50k per month. I know you can spend extravagant amounts, I just don't understand why you'd want to. Maybe that's just me. I'm not the type to want a mansion... It sounds too giant to feel cozy.
I can't imagine suddenly pulling in fifty grand a month and thinking for a second that you would KEEP making crazy money like that for the entire length of a mortgage
It's no different than spending your full 1k/month check and then losing your job 50k/a month won't buy wayyy more things you'll just be spending 50x more in each general area
To be fair, it looks like she did a really good job with the renovations. She should've tried renting it out when money got tight. It might've even revived her social media career.
9:07 okay but why isn’t anyone talking abt her😭😭she’s actually hilarious and she’s being so transparent about what happened so others won’t do the same. i feel bad for her 🥲
I cleaned my debt up in my twenties, had a perfect credit score, then got divorced and filed for bankruptcy in my thirties. Then when you file for bankruptcy, they bombard you with buying a car and opening credit cards. It's just another trap to get you back into the cycle. I now have no debt, no credit cards and buy everything locally. I REFUSE to get caught again. I also live waaayyyyy below the poverty level, on purpose, because I've taught myself to only purchase necessities. I might buy something nice once a year, but not often. Second hand items are my favorite. I know this is extreme, but I believe mass consumption is a SEVERE problem with society and community. I would like to create a new way of LIVING. No more survival mode. It can be done🕯
@@randomlyswatching9481 bro what are telling im south Asian and us middle class are cheap as hell I think the biggest showoff in south Asia or Asia is probably the wedding damn too much
I really respect the one Glitter Girl TH-camr for owning up to her mistakes and warning others not to do the same 💯 A lot of people would be too prideful to share that info
Honestly i felt the same watching this. Anyone who can get in front of a camera and be honest, deserves a chance rebuild life the way they know how to now
@@savguidryunfortunately she made a lot of decisions that impede her options. She’s equally honest about those mistakes and how they essentially tanked any chance of a return. Mainly, her decision to do OF/adult content means that traditional advertising/sponsors won’t touch her, so now she is locked into that adult world. It’s sad.
@@powers64 That’s so sad 😞 This is why we can’t talk about this stuff as if it’s just a free choice, she probably had no idea that she wouldn’t be able to come back from it
As someone who has been poor with money during most of my 20s, and low income, even though we own our own home, this sort of stuff always interests me, and baffles me. I think it’d be nice to be of the financial caliber to truly afford the things these people buy, I don’t envy them at all, and at this point, I wouldn’t trust myself with that sort of income.
Crazy how an investment for me is literally 20 bucks... I wanna get rich not to buy designer clothes or car, but to be able to get peanut butter even if it's not on sale without a guilty conscience
Same... I just want to be able to work. (Chronically ill but denied disability.) I want to have an income again. I miss working. ㅠㅠ I miss being able to buy a skincare priduct for $20 and not feeling doom.
@@typicalairhead6846 ikr. I've literally been eating chocolate at my lunch break for these past couple days cause the kitchen is empty and I'm dreading going grocery shopping ✋😭
Razy. You have only one body right? But there is a urge to have it all! When I was in a shopping rush I buyed expensive clothes too, it was something psychological behind it! I felt lonely! I was in a cult of the JWs and I was not allowed to have a boyfriend! Everyone was getting married and I felt so much behind. I just wanted to feel loved… sad story. Everybody telling me about their spouse and kids, and I was the lonely one. Cult life stinks.
@@Queenolgi1sorry you went through this. I was getting a divorce when all my friends were happily married and having babies. I still have not remarried or had children. I have just become the best aunt ever and pray God sends me the right person.
honestly i dont mind spending a bit of money on clothes if i know they are going to last. Like for example I have a shirt that looks like new and is like 7 years old, while a shirt from jays jays started falling apart in 6 months. I guess for me it's quality over quantity.
The advice you give on money and learning about money is so smart! Thank you. Coming from a family that does not speak about money, this is something that needs to be normalized as a conversation. The younger generation needs to have an understanding of having and not overspending to achieve a certain type of lifestyle.
Yikes, Christie is the same girl who made headlines for losing 30kg as a teen to try to look like Miranda Kerr… So I guess she would not only risk death for external validation, she is willing to go broke too? This so so sad and why we shouldn’t look up to influencers to the extent that we do.
I mean, if you only read the headlines about it. Went to look into it because that sounds ridiculous, and the article is based on a semiviral video of her talking about her lifelong struggle with an eating disorder. The real quote is along the lines of "I would compare myself to edited pictures of models like Miranda Kerr in magazines" which is a lot less silly and a lot more real. I think the experience of body dysmorphia/disordered eating is the only thing most will have in common with Christie. It's disgusting that tabloids love to trivialize the issues they contribute to the most, especially when the whole article is basically rewriting her dark and personal TH-cam video to be clickbait.
So glad you make these videos. Me and My husband started trying to do way too much for a couple of years. We now have credit card debt, but ours was more taking the kids on vacation and spending too much for gifts. We’ve learned from that now we just do free stuff and pay our debt off. We make sure something is worth it before we spend. It’s a hard lesson but essential for a peaceful life
While I agree to an extent, it is very hard for some people to escape the pressure and influence of what is portrayed in social media, the media in general, and pressure from friends. Financial responsibility is not taught to most kids or teens, and many people go bankrupt. There are also many financial institutions (ie credit card companies) that promise people easy funds. They purposely prey on susceptible people. Yes vanity is a problem but there are a ton of institutions enabling spending. The phrase “keeping up with the Joneses” is around for a reason too. I dunno. There are just a lot of influences and not a lot of education about the consequences.
OMG…the Dumb and Dumber clip was spot on!! Financial literacy and responsibility should be definitely be taught in school. Should be mandatory! I can’t wait for all of this over spending, over consumption dissipates soon! It’s honestly an addiction. The high you get from buying the luxury goods lasts for shorter and shorter amounts of time. The average person cannot keep up without this without eventually ruining their lives.
This is one of the most important videos I’ve seen from u Steph .. It’s so true with the new money young people got broke and burned out . I’ve seen it in real I’ve seen it online .
I can't wait for the influencer bubble to pop. My car is a 2001. I live in a little farm house (a real one, with real farm house problems). My clothes fit in a half regular closet and small dresser. We don't go out to eat unless it's a birthday or anniversary. And you know what? We're happy. These people are selling an unreasonable and ridiculous lifestyle. (I actually did use the Pythagorean theorem, but I was a welder/fabricator😆)
I like the fact that you kinda have the same life that I want. I need a house that's on the smaller side (I just want the garden to be big, but nothing *too* spacious), I want to live in a quiet place and just have some peace. I wouldn't get satisfaction from money and a huge manor, but I'd love something simple.
I totally agree with you, expect for 1 thing. Those trigonometry and algebra are important. Maybe we aren't using them daily, but that's because of the career we chose. There are so many people using them on a daily basis and it's important to learn a variety of things in school as otherwise we won't know what we want to continue learning or even make a career out of
was going to comment exactly this. i studied engineering so maybe this is a bit biased but how are your supposed to find your affinity if you're not taught everything 🤷🏻♀️
You can Pythagoras theorem in shed building, roofing. We used lots of maths for renovating. Definitely helps to have a solid knowledge base to work from. I know so many people who can't figure out sale prices (percentages), even with a calculator! It's definitely important
I use math every hour of every day. Anti-intellectualism is killing America. In most other nations, being educated is respected. They don't shamelessly celebrate ignorance.
spending your dwindling pennies on luxury goods just to flex on the internet is a new level of stupid that I truly didn't think we would accomplish so soon.
I absolutely love you Stephanie:) I am definitely not your target group, I live high on the mountains and never in my life watched any influencers or purchased any designer products. I don’t even have tv. I also don’t care about makeup or honesty anything you talk about. 😃💖 but I love your videos, and your personality and your passion for truth. I really hope you can influence people to be themselves and make the right choices.
I swear I learned this the hard during Covid , every single literal post of all my fav “influencers” were the hottest bag, sandals, amazon shorts or bathing suit , loopy, dime , the bar, Abercrombie , and the dreaded FULL OF FRAGRANCE TULAAAAAAA!!!! I was broke every check legit not even making bills on time because I felt like I always needed the next one. I Honestly I had to stop watching them all together for a long time and work on myself , figuring out why I felt like I needed all of this crap to feel like I was worthy….
thanks for the reality check, social media has us believe all those rich influencers you see are having a perfect life when in reality none of it comes close to it.
I was completely sure that going into this idea I'd be laughing at how ridiculous these people are, but unfortunately when i heard you talk about lifestyle creep, i realized i am also going through this right now. I just started earning after my graduation working into a decent-ish job, and i have noticed that i have started to hesitate lesser and lesser on things i used to feel scared about buying, like eating out frequency has increased, buying certain type of clothes, jewellery, gadgets, it's almost going out of hand, thankyou Stephanir for this video, i feel like i am more aware now about what's happening to me.
Those designer clothes costing THOUSANDS and THOUSANDS of dollars just to sit on your shelf and catching dust in your wardrobe because they were worn maybe a few times till the next items replaced them is such a ridiculous waste of money 🤦🏽♀️ I don’t feel bad for them at all….
@@MsHddg exactly… people who actually have money will maybe buy a couple of designer items and get good use out of them, but I have never seen anyone just keep buying stuff like this 🤦♀️
I’ve gotten my moneys worth on every single designer I bought, I use most of it years later, all the time. I am disgusted with the influencers spending though, it’s sickening
I always enjoy your videos but this video and the other one on luxury influencers are so necessary and relatable because social media can be so harmful to younger, naive audiences. Thank you for being so authentic and putting out brutally honest content. ❤
If i ever come into alot of money, i am keeping my humble home, paying it off, renovating it a bit, and then honestly just being happy i dont have to budget while grocery shopping, thats all :)
I have always adore your eye makeup. It's just perfect and dark, and smouldering. Your content is refreshing and eye opening too. One of my favorite youtuber 😊
Thank you for your videos Stef. Sometimes, theyre the only thing getting me through the day, especially now as i go through some hard stuff and its hard not to be jealous of these celebrities.
This was a great video Steff letting people know what matters if life and it is not spending all your money to look so rich it’s not cool and being bankrupt really sucks.
Here i am feeling guilty about buying £25 bedsheets (that I needed). That was my "personal" luxury for the month and I still felt guilty. I can't believe people get sucked into this and literally ruin their lives to an extent.
My parents always said to never take out loans. Stay away from loans as best as you can. When it comes to items in general my advice would be to think about it. Do you really need it? How often will you use it? Think about it and then come back to it and see if you really need it or if it was just a temporary urge to get it. You don't need designer bags. Get a normal one with more space to carry your things.
There are good loans and bad loans. Buying a house with a mortgage to get on the property ladder has historically been a good move. There may be advantages to borrowing to make retirement contributions before a tax filing deadline, etc. Carrying a balance on a high interest credit card because you spend more money than you make is on the other end of the spectrum.
Depends on what the loan is for. If it's for building wealth and assets, it's a good thing, if you are buying something that will only depreciate then its definitely a bad idea
Hearing that you were in tremendous debt in your 20's makes me feel very validated haha. I'm in debt up to my eyeballs and I'm just hopeful I can get out of it, because it's horrible!
Same. When I was depressed and suicidal I went on a spending spree and gave away a lot of things. Now I'm in debt for the forseeable future due to disability unless the government can help forgive the debts.
Steph as one of your older subscribers, I do hope that your message is getting across to these young people out there that get influenced by these influencers you’re doing really great things with your content and I hope the young are listening to You because you’re giving them great advice for their future. Cheers from Queensland ❤️❤️
Some do. I was taught about completing tax returns and investing in stocks when I was in high-school. It was only an optional class though. I went to school in Victoria Australia so if either Steph or that other broke Australian influencer did their VCE in Victoria, they may very well have had the option of taking the same class I did. It set me up for life honestly. I have a pretty significant investment portfolio now (I’m 44)
John D Rockefeller said - 'America needs to be a nation of workers, not a nation of thinkers' they only needed us for our labour and that's when we had a baby boom. Now they have robots they don't even want a nation anymore which is why all major western political parties are tanking our nations. We're a debt based economy in a great depression and it was always meant to come down crashing and burning as we move into the 4th industrial revolution. Which means the end of capitalism and the beginning of a technocratic feudalist corporate system. Worse than 1984 lol I could go on for days..we're all doomed. Most people have no idea what's coming
Yes! I also wish they taught what to do if you are in an abusive relationship. How to change a tire. What kinds of careers out there. Real life important things. I guess they think these things are taught at home but sadly not all homes.
I am in that situation now - not as an influencer but as a corporate pharma blue collar worker. Suddenly I am earning twice as much and I am in top best earning percentage of population in my country that have full time corporate jobs. And I drive almost 15 years old car and every time I am driving that old piece of metal I am thinking of buying a new one even though I am saving for a house. One thing I will allow myself is hiring personal trainer -this will benefit my health and my body and it is not the cheapest. You have to be able to spend the money you earned but do it carefully so the expenses don’t creep out on you
This was amazing and I totally agree that many people aren’t taught how to manage their finances properly. However, some people are just plan stupid when it comes to money and there is no helping them. Example: my ex inherited 100k when his mother passed away. He was strongly encouraged and advised by successful family members to be smart with it and invest wisely. Being the arrogant man that he was he decided he knew better. He immediately quit his job, spent everyday eating out and going to the bar, bought drinks for everyone, soaked up all the attention and then was shocked when the money ran out in less than 8 months. He thought it would last him 5+ years.
Quit his job?! That is crazy! I really don't think people realize how quickly money goes away. I don't understand how he thought $100,000 would last him 5+ years!! 😮 it reminds me of when you watch those crazy murder shows where somebody kills their spouse for insurance money. I am always shocked, like, bro?! You literally MURDERED someone for an amount of money that will maybe last a year if you're lucky. And not even a random person, someone you vowed to love the rest of your life. People are crazy 🥴
Bruh imaging accumulating 100K for your son, knowing this is good money, knowing he works(so he *looks* responsible) and so he will be living life on easy mode if he uses it in a smart way. Only for your son to be too stupid and blowing off all your efforts in expensive dinners and other worthless crap😂 I'd be coming back from the afterlife to slap that dumbass into the shadow realm lmao
Steph thank you for saying that you were in debt, I’m in debt too and I look back and can barely tell you anything that I used that money for. Because of that I have a lot of shame and embarrassment and it always feels like everyone’s doing better than me, I’m on a journey and hope to be debt free one day! Thanks for keeping it real 💯
when i get money i’m obviously gonna upgrade my lifestyle bc i’m tired of my dingy cheap apartment, no car lifestyle and poor health but i’m interested investing . growing your money is the key
It's pretty rare that bankruptcy actually helps, because it doesn't change the person's spending habits or relationship with money. She's just doesn't want to put in the work to get her "stuff" in order. We are going to be paying off her stupid purchases with higher rates, more fees,etc.
In America, all it can take is a medical emergency to get you so far in debt that bankruptcy is the only option😢 Often times most people are only a few paychecks away from being behind on bills, foreclosures on homes, and bankruptcy.
Most of the time it helps the offspring more often then the actual person. My grandma was such a woman, which is one of the reasons I grew up poor and that taught me a lot abbout money, as well as seeing all the money hungry wolves in my family backstab eachother for leftovers of the family fortune as a kid.
This is such a very, very valuable and important video. I’m a new subscriber so I am super happy. I found your page and thank you so much for the financial resources. I myself found myself in debt but it was because I was struggling and just use credit cards most of the time and I can totally relate to your story that you mentioned from 2014 2015 but thankfully, I’m almost paid off and have been working to consolidate it for the last four years has led me to completely being broke because all my money is going back to paying the debt down, but thankfully got a new job and been able to learn how to use money better. I’m gonna definitely listen to podcast wonderful channel.
I remember being so stupid with money in my early 20s because I would see all these designer things and think they were just so beautiful, and I just felt this absolute compulsion to collect up as much as I could. it's scary how addictive it can be.
She could’ve rented the bags. Many influencers do this. They rent the bag and claim it as their own. Not just bags, but many designer items can be rented
I work in finance and have seen the bankruptcy of influencers. Everyone needs to budget, you can still allow for fun, but it needs to be planned. And yes, live below your means is perfect because you can’t eat a handbag. Personal lesson for me and stupid spending, I drove 3 BMWs into the ground in a short period. The up keep and gas was so expensive, the miles I needed to drive were killing the cars. I drive a Honda now, zero issues, cheap maintenance, cheap gas, just keeps going.
Here to comment for the algorithm and combat that BS copyright strike. Love you, Stephanie. You produce good, quality content and you’re a delight to watch.
Thank you so much for addressing such an important topic! It's crazy what kind of "lifestyle" these irresponsible influencers are imposing on young people who are so easy to be brainwashed. I just felt the need to add my thought about teaching children about money responsibility in school: In my opinion it is not really the school's responsibility to educate children about taxes or whatever involves spending money correctly. I can hardly imagine that young people at the age of 16 or 18 are very interested in taxes and by the time most of them get to spend time on taxes, they will have forgotten everything about it. It is rather important that their parents and their environment teach them to act in a responsible way with money and to spend or save it correctly. We should not forget how important private influence and the parent's view on money is on young children. It all starts with pocket money and presents and goes on to managing a first bank account and this is how family should be an adequate influencer. We can only imagine how bad of a good impact these families were on those broke influencers...
![[UNCUT] "บอสณวัฒน์" แฉ! แหล่งซุกเงินแก๊งบอส ขยันผิดที่ไม่กี่ปีก็เข้าคุก l คนดังนั่งเคลียร์ l17ต.ค.67](http://i.ytimg.com/vi/BL56qIfXYZM/mqdefault.jpg)
Imagine going to a bankruptcy meeting in designer clothes.
The reply....these bots man...
Ikr! How tone deaf! Imagine living so high above your means that even though you're one of the most well-known and successful influencers you're going bankrupt!
That level of delulu is unreal
Exactly everything they bought should be returned since none of it was paid for!!!
She just can't stop trying to flaunt her "rich" lifestyle
„Learn how to control your money or your money will control you“
So simple so true!
Woww thanks
The problem is that people think they have more money than what they actually have. Thus this is why they spend over than what they can actually really afford.
Stephanie Great Wisdom!! ❤❤❤
Buying a bunch of cheap crap off Amazon is making people broke too.
Good point. The “cheap” stuff adds up. Moderation is the key to stopping overconsumption.
Plus EVERYTHING is so expensive!
My brother's wife has an addiction to Amazon. They get daily deliveries and have a room full of unopened boxes. This is getting very concerning as we are a frugal family. What to do??? It's just wrong 😞
@@tmcbgrrl0074I’m so sorry, that’s hard! She clearly needs help, if it’s possible she should start using the envelope system. Disconnect and cancel every card she has access to. Every week she gets an envelope with exactly the money she needs for real expenses- groceries, etc. A lot of people benefit from being able to see the money they’re spending, and when the envelope is empty, it’s empty. Above all she needs to figure out why she needs to buy so much on Amazon and fix her root issue.
There is a saying "sales keep you poor" because typically people buy a lot of sale items that they don't need. This saying doesn't include people who plan to purchase a sale item and budgets for it because they need it
When ever ANYONE comes into money suddenly they really need to see a financial advisor.
You first need a savings account
@@Bakerygo the financial advisor will tell you about that, many people don’t know how to use one.
Broke influencers acting like they rolling in money. Celebrities trying to act poor to seem "relatable " Aaai😅
What the hell @ville__
@@farnesetbh8487are you guys reporting this guy?? He posts everywhere
@@farnesetbh8487just report it. Enough people report it, YT will terminate it
@_princessgfreported it for child abuse.
Also reported
you can’t convince me the influencer lifestyle is worth it. as a young woman working an average crappy job there’s nothing boring or sad about my life it’s full of good things. i can’t imagine the pressure of being in circles or communities where you need to spend hundreds of thousands on your clothes and appearances just to fit in. it’s a monster really
You’re right, it’s not worth it and these people live a sad and empty life, they are extremely narcissistic and unhappy which is why they have to post online to show everybody how “amazing” their lives are 😂😂😂
If someone’s Instagram is filled with pics/ selfies of them in designer they are super narcissistic and self absorbed
Same here! There’s a lot more to life and material things are always a never ending cycle.. I’m happy and content with a few things
that poor young woman can't even afford ramen she has to buy raymond noodles
To be fair, you don't have to spend nearly that much to fit in. Just have some nice things, know good people, be smart with your money, and enjoy your fulfilling lifestyle of no financial worry.
And if you ever let those facial implants to slide out of adjustment you'll be a caricature of beauty until, in some decades time, your natural wrinkles and bags eventually grow thick enough to obscure them.
These items that are considered "Luxury" are hideous
Exactly, they look so tacky make her look even more vulgar
🎉🎉
Yes! Wtf is that silly little 7000 $ bracelet? It looks like it’s from Claire’s. Also can’t stand giant labels like LV or Chanel
True, for example, Balenciaga shoes... Not even offered if I would use them... 😅
@@sr28774 balenciaga should be banned to the shadows realm, but at the same time it's not fair.
I am beyond proud to say that besides my mortgage, I have ZERO debt. Not a single credit card bill. No car loan. I can’t even begin to explain what a great feeling it is. I was in debt for years. 😊🎉
Same! No credit cards, no car notes. It’s a great feeling right?
I'll be there come September 🎉🎉🎉
Freedom 🎉
CONGRATULATIONS!!! 🥳
Can't wait to get there myself. Good for you 👍🏾
This happens to pro athletes too. They waste all their money on mansions and sportscars and then get cut or get injured and keep up their lavish lifestyle.
My favorite current example is Kroy Biermann and Kim Zolciak from Real Housewives of Atlanta. They spent like the money would never end, now they're getting sued by every credit card provider lol
That, plus marrying those like-minded sideline chicks🙄Then they "act" surprised and want a petty party when she takes half plus child support when they get divorced🤦♀
One of my favorite documentaries of all time is Broke from ESPN. It went deep into what happens to athletes when they don't manage their money right and it was a huge cautionary tale for everyone!
Thats the first person that came to mind!@layelee
Yep football, basketball, boxers... even hall of famers
Imagine what the world would look like if people were taught in school about budgeting, saving, taxes, interest rates, different investment options and compound interest 🤯
My mom has always said so to, instead of teaching kids trigonometry and stuff lick that, they should teach personal finance.
Starting on how to do savings. Teaching kids the discipline of saving.
Sadly, there’s a reason they chose not to teach this.
We learn a lot of that in math class, though. I remember those word problems about how to calculate interest and compound interest, especially. Schools don't have time to teach us everything, but they teach us critical thinking skills and basic math, which should be a good start for learning the rest. I know it's not a popular opinion, but I don't think a lack of knowledge of these things is the main problem - it's folks spending to impress others and thinking the money will never dry up.
True, but the economy needs people spending. Sooo
We were scheduled a section on balancing checkbooks in my Home Economics class… but we skipped it because our sewing projects took too long. 😭😭😭 Thankfully, my parents taught me how to do that (and to be very wary of carrying a balance on a credit card), but I very much doubt everyone else’s parents did the same.
I read a comment the other day that said something along the lines of “do you really want it or do you want others to see that you have it?” and it hasn’t left my head since.
Ooh that's good!
There’s a reason “boomers” keep their money!
Love this
This is my niece. Has to have the newest makeup & skincare, but doesn’t look after it or even use it. And when I say “this is just all for show isn’t it?! U just want ur friends to be jealous of u” she says “well yeah, duh” & “Idc”.
You need a personality to know who you are, what you want and stand for it. And we live in era of THIS 👁️👄👁️
my mum had a tea towel that said
"The Eighties! Where People
Spend Money They Haven't Got
Buying Things They Don't Need
To Impress People They Don't Like"
It seems this atitude has been going on for decades!😅
Keeping up with the Joneses was definitely a thing a few decades ago.
I guess the scale has increased exponentially since then.
It's called keeping up with the Jones's, when the appliances went main stream in the 50s , materialism took over.
Earlier I was feeling bad about spending £3 on strawberries instead of buying the £2 ones, so this was a good dose of perspective- at least I'm not going into designer territory lol
omg literally feel this on a personal level! i refuse to get strawbs unless they are 50% off in aldis because they so spenny 😩
Designer strawberries 😂 what’s the fanciest grocery store near you? In the United States the fanciest grocery store I think is Erewhon and their strawberries would be at designer prices🤭
@@Annejali I'm in Northern Ireland so the fanciest we have here is M&S (we don't have waitrose like the rest of the UK does). M&S have "red diamond" strawberries which are apparently very special, but they cost like £5 a punnet so I haven't tried them 😄
@@anastazjazaleska they really are, and don't get me STARTED on melons 🙄😩
I feel like this over fruit and veg 😂😂😂 I always put the bigger punnet of strawberries back 😂😂😂😂
At least the glitter forever girl was being honest about her horrible spending habits.
And there’s me freaking out because I had to take out a small loan to replace my broken laptop. And these people spends thousands on hangbags. 😵💫😬 Thanks Steff, you made me feel so much better about my decision!
its insane watching someone spend your entire salary on a gucciventiaga dress with holes and fake dirt stains on it or something🤢
At least a laptop you can use to make more money or something. That's what finance people call "good debt" lol. People are out here thousands in debt over nonsense.
Bet they didn't even spent their OWN money, but someone else's....
Small loan for a broken laptop? Girl, better decision to buy a new one
@@silkbuttons to replace the laptop. i think she got a new one :p
never really understood why people would want to look rich. I downplay my riches, rather have people think I have nothing
I look poor, but that's because I am.
Yes flaunting your wealth often gets you robbed, or worse. Been happening more and more to these new money kids lately.
I had to go grocery shopping today and the feeling of praying your card doesn’t get declined is not a good one. I just wanna buy some blueberries man, that’s my idea of true luxury and it makes me happy 😭People with money take it for granted and waste it without a second thought. I’m hoping this is my last year struggling and that everyone out here also finds themselves in a better place soon 💜
I feel you🤍
Hugs and love sent your way! My mom has been taking me to work. My car blew up. First time in my life without a car.
Much love and abundance to you! Xo ❤
Wishing everyone in this thread much health, wealth and happiness! We got this! ❤🙏🏻🙌🏻
Blueberries is my idea of luxury as well! 😭💜 I feel you! Hope that everything goes well and you'll be able to buy blueberries when you want them in the future without having to worry about that money!
I was the last year that my school taught home management. It use to be a mandatory class to graduate, but when my best friend graduated the next year it no longer existed.
It taught you to manage a house (how to budget, pay bills, about balancing checkbooks, etc).
I feel so lucky i had that class.
You are beyond blessed. Wish I had a class like that!
I have friends whose apartment is a literal dump. The paint job hasn't been updated in over a decade, walls are chipping, yet they drive BMW's, Mercedes and have fake designer clothes. I find that dumb.
It's the world we live in ....fake it until u make it...that youtube,IG, Facebook
You have friends like that? I don't
Yeah when I was younger, my cousins boyfriend would invite us out, I was a poor college student with a small car the only car I could afford. He would ask me to follow them and drive off in his fancy BMW leaving me driving like a snail behind him. He was even younger than me, and was always going out flaunting his money and cars. Turns out it was all his uncle's money/cars, they lived in this small decrepit house that was never maintained, his real car was the same model as my small car back in college. All that time I thought he was super rich... meanwhile I actually had more than he did. Crazy how people can fool others into thinking they are rich.
When I teach "The Great Gatsby", I always include lessons on money management (taxes, budgeting, loans, investing, etc). I get told "oh, yeah, we learned about already this in "x" class" OR a parent emails me to say I should stick to English. -_-
🙄 wow. I think you're doing a wonderful thing.
Maybe those parents doesn't want to hear about it from their kids. Mum, why did you buy a new bag on credit while you're so much in debt?
This is great. I used to be jealous about what others had… until i realized that a lot of these people (certainly not all) go into debt for these things. I spent my 20s in crazy debt. What people HAVE is not always what people have earned and own.
It breaks my heart to think that young women watch these influencers and believe that what they are showing them is true or desirable. Why are we raising girls (primarily girls) to either not be able to see what is true or not, or to crave something that is so empty and illusory? I think, as parents, we have failed abjectly. If we cannot raise our children to step into the world full of joy and curiosity and common sense, then we are nothing.
My husband reminds me of this often. I'm not the type to want extravagant stuff anyway, but I'll notice something and make a comment like, "Oh hey, looks like our apartment neighbors got a boat," and he will go, "They are probably in debt for it if we all still live here." 😅 He's probably not wrong. We live in the US and so many Americans are in debt, especially around our age.
@@Lenci_the_Nugget yeah I def have to remind my husband, he’s a bit younger than me. When we got a house he wanted to furnish it to the nine’s and I had to burst his bubble a bit. We “could” afford things but I sat him down with our amortization schedule for our mortgage and said if we do these other things now (extra payments) it’ll actually be way better for us in the long run. Boats and all that are cool, but I’d rather have security and not stretch myself. You never know when something will come up that needs you money or credit buying power more than a bag or something superfluous. I’m real fun at parties 😂
@@Lenci_the_Nugget omg same! I've had the same conversations with my husband. We live well within our means and don't have a bunch of toys. We are more about making memories and creating experiences. Much more valuable than superficial $#!t.
@@Thetinyfit I think that you sound like a great and smart person! Your husband is lucky to have a resposible and mature woman like you in his life, who will just make him richer both financially and emotionally. :)
I wish I could be half as good as you are in that area xD My bf, who is younger than me, is more resposible with money than I am xD Im lucky to have him or I would gone bankrupt xD
I (35 years) always wondered how these young people could afford such things until I heard that it was a bit of trend to be bankrupt. I couldn't sleep well if I knew I spend more than I earn. 🙈
I like how honest breelan was about her financial decisions.
Props to the influencer who really understood her mistakes AND was honest, vulnerable and real. I hope she’s doing well today.
PROTECT MY GIRL STEPHHHHHHHH, she is just spilling facts! taking the mask off! thank you for speaking your mind ! i love you.
Love you too!
My parents taught me this lesson. "Once you make the money, then you have to keep it, and that is the challenge" Luckily my dad was a CPA. So, my sister and I learned how to manage our money well. First, never live beyond your means. Invest your money and diversify. Don't try to impress others, live life for yourself and your family. Remember, that money makes life easier, until it doesn't!
My neighbours rebuild Vintage cars. This included going to auctions. They bought 2 G wagons from a foreclosure sale for 10k each! They even offered to find one for me!! The amount of cars they’ve bought from bankrupt people is mind blowing
Those 10K G-Wagens have got to be salvages.
@@adiloyango well yeah. But they know how to fix them from scratch. They’re a talented family
@Peajay007 That's really cool. Do they have a website or shop that they sell from? I'm really interested in people fixing vehicles like that. It's a cool hobby.
@@thenipple007 let me look into it. im pretty sure they have an email
how do you buy a car at a foreclosure sale?? Did the bank own the house AND the cars??
I know about the Creep, we inherited some dough, payed off debts and felt stable. Then we started buying. It became an addiction. I'm watching videos like this trying to knock sense back into my head. Im not even talking about luxury purchases, I'm talking about just enjoying pressing the "pay now" button on line. The dopamine hit involved.
I saw a great quote just the other day that I am trying to live by as well..."get your dopamine hits from your hobbies instead of shopping/influencers" i think it's a good reminder! Best of luck to you!
If you’re tempted by clothes and are looking for good videos, I’d check out Alyssa Beltempo and the Sustain This podcast ladies - promote slow fashion and loving what you already have.
If you’re dealing with any sort of addiction it’s helpful to participate in things that allow you to have safe interactions with others (things like volunteering, community events, hobbies etc). There’s a strong link between trauma and disconnection and addiction. Wishing you the best 💕
I really thought Christie was 40 until you said that she is just in her 20s.. my god what are these girls doing to their faces...😮
I guessed late 30s.
I searched her up on Google and her story is quite sad.
Apparently, she struggled really badly with anorexia and I guess that her body dismorphia never really left her because she's had soo much work done since then.
I know right? I always find these influencers look so much older than me (I'm 29) and they're always so much younger!
I think its because they are getting unnecessary procedures like filler
@@sydnerxx
Imagine go to the surgeon, spending a ah!t ton of money to end up looking like cougar in their late 40’s 🤣🤣🤣
Thank you, Stephanie! This is such an important message. We live in a world where we think we are never enough and try to mask it by how we look and what we do. Through messages likes yours it helps to change the perspective
I will never understand how people wind up absolutely broke after making $50k per month. I know you can spend extravagant amounts, I just don't understand why you'd want to. Maybe that's just me. I'm not the type to want a mansion... It sounds too giant to feel cozy.
I can't imagine suddenly pulling in fifty grand a month and thinking for a second that you would KEEP making crazy money like that for the entire length of a mortgage
It's no different than spending your full 1k/month check and then losing your job 50k/a month won't buy wayyy more things you'll just be spending 50x more in each general area
To be fair, it looks like she did a really good job with the renovations. She should've tried renting it out when money got tight. It might've even revived her social media career.
You can buy a luxury bag for $20,000 and other things that are very expensive. It is easy to spend $50,000 a month.
A lot of times they just want to spend all that money to impress other people.
9:07 okay but why isn’t anyone talking abt her😭😭she’s actually hilarious and she’s being so transparent about what happened so others won’t do the same. i feel bad for her 🥲
She seems really nice and it’s so brave to be this honest about your mistakes 🥺
I cleaned my debt up in my twenties, had a perfect credit score, then got divorced and filed for bankruptcy in my thirties. Then when you file for bankruptcy, they bombard you with buying a car and opening credit cards. It's just another trap to get you back into the cycle. I now have no debt, no credit cards and buy everything locally. I REFUSE to get caught again. I also live waaayyyyy below the poverty level, on purpose, because I've taught myself to only purchase necessities. I might buy something nice once a year, but not often. Second hand items are my favorite. I know this is extreme, but I believe mass consumption is a SEVERE problem with society and community. I would like to create a new way of LIVING. No more survival mode. It can be done🕯
You file for bankruptcy... and they try to make you buy a car? That's messed up
Proud of you!
I am south asian I still fell into it. Now I just Thrift
Buying something expensive to use it really long time is worth bit others those luxury brands are just for poor people
@@randomlyswatching9481 bro what are telling im south Asian and us middle class are cheap as hell I think the biggest showoff in south Asia or Asia is probably the wedding damn too much
Wow girl you are spreading awareness. Thank you for what you do! We all need to wake up and do better 🩵
I really respect the one Glitter Girl TH-camr for owning up to her mistakes and warning others not to do the same 💯 A lot of people would be too prideful to share that info
Honestly i felt the same watching this. Anyone who can get in front of a camera and be honest, deserves a chance rebuild life the way they know how to now
@@savguidryunfortunately she made a lot of decisions that impede her options. She’s equally honest about those mistakes and how they essentially tanked any chance of a return. Mainly, her decision to do OF/adult content means that traditional advertising/sponsors won’t touch her, so now she is locked into that adult world. It’s sad.
@@powers64 That’s so sad 😞 This is why we can’t talk about this stuff as if it’s just a free choice, she probably had no idea that she wouldn’t be able to come back from it
As someone who has been poor with money during most of my 20s, and low income, even though we own our own home, this sort of stuff always interests me, and baffles me. I think it’d be nice to be of the financial caliber to truly afford the things these people buy, I don’t envy them at all, and at this point, I wouldn’t trust myself with that sort of income.
2 videos in 2 days.. it’s like Christmas haha❤
Love you Steph ❤
0:40 look at that posture 😂🦆
Crazy how an investment for me is literally 20 bucks... I wanna get rich not to buy designer clothes or car, but to be able to get peanut butter even if it's not on sale without a guilty conscience
Same... I just want to be able to work. (Chronically ill but denied disability.) I want to have an income again. I miss working. ㅠㅠ I miss being able to buy a skincare priduct for $20 and not feeling doom.
Same
Same. I just want to go to a grocery without worrying about the tag price. 😂
@@typicalairhead6846 ikr. I've literally been eating chocolate at my lunch break for these past couple days cause the kitchen is empty and I'm dreading going grocery shopping ✋😭
@@Cassie-xx5fbsame 😭
LOVE the Dave Ramsey plug ❤️❤️❤️ he’s changed my life !
I was brainwashed and when I had money I started buying clothes like crazy now I am trying to sell them 🤦🤦
Razy. You have only one body right? But there is a urge to have it all! When I was in a shopping rush I buyed expensive clothes too, it was something psychological behind it! I felt lonely! I was in a cult of the JWs and I was not allowed to have a boyfriend! Everyone was getting married and I felt so much behind. I just wanted to feel loved… sad story. Everybody telling me about their spouse and kids, and I was the lonely one. Cult life stinks.
@@Queenolgi1sorry you went through this. I was getting a divorce when all my friends were happily married and having babies. I still have not remarried or had children. I have just become the best aunt ever and pray God sends me the right person.
I was sad and depressed. Bought tons of makeup...wasted my money
honestly i dont mind spending a bit of money on clothes if i know they are going to last. Like for example I have a shirt that looks like new and is like 7 years old, while a shirt from jays jays started falling apart in 6 months. I guess for me it's quality over quantity.
The advice you give on money and learning about money is so smart! Thank you. Coming from a family that does not speak about money, this is something that needs to be normalized as a conversation. The younger generation needs to have an understanding of having and not overspending to achieve a certain type of lifestyle.
Yikes, Christie is the same girl who made headlines for losing 30kg as a teen to try to look like Miranda Kerr… So I guess she would not only risk death for external validation, she is willing to go broke too? This so so sad and why we shouldn’t look up to influencers to the extent that we do.
Used to watch her channel before she turned body builder she goes from one extreme to the other
I mean, if you only read the headlines about it. Went to look into it because that sounds ridiculous, and the article is based on a semiviral video of her talking about her lifelong struggle with an eating disorder. The real quote is along the lines of "I would compare myself to edited pictures of models like Miranda Kerr in magazines" which is a lot less silly and a lot more real. I think the experience of body dysmorphia/disordered eating is the only thing most will have in common with Christie. It's disgusting that tabloids love to trivialize the issues they contribute to the most, especially when the whole article is basically rewriting her dark and personal TH-cam video to be clickbait.
“We” do not look up to them
@@pj-fx7gx Society in general. Not everyone, but most of these people have pretty large followings!
@@nicoled1164 gotta keep following the trends
So glad you make these videos. Me and My husband started trying to do way too much for a couple of years. We now have credit card debt, but ours was more taking the kids on vacation and spending too much for gifts. We’ve learned from that now we just do free stuff and pay our debt off. We make sure something is worth it before we spend. It’s a hard lesson but essential for a peaceful life
I was dating a guy and he asked if I prefer Chanel or Dior... bro. I prefer the op shop. I am so proud of my bargains.
Girl the more I watch & listen to you the cooler you get!! 😊❤❤❤❤❤ LOVE FROM USA 🇺🇸
I don’t feel bad for people like this at all. No one is telling these iNfLuEnCeRs that they have to do this. This is an active choice, not a sentence.
While I agree to an extent, it is very hard for some people to escape the pressure and influence of what is portrayed in social media, the media in general, and pressure from friends. Financial responsibility is not taught to most kids or teens, and many people go bankrupt. There are also many financial institutions (ie credit card companies) that promise people easy funds. They purposely prey on susceptible people. Yes vanity is a problem but there are a ton of institutions enabling spending. The phrase “keeping up with the Joneses” is around for a reason too. I dunno. There are just a lot of influences and not a lot of education about the consequences.
@@constanterratic4252 nah it's just shallow narcissistic people that need validation
🙌
@@constanterratic4252wrong. Unless one has some kind of cognitive breakdown, You have complete control over how you spend your money
It depends on their age. I feel a little bad for them. They're young and listen to the weirdest advice online, money included.
OMG…the Dumb and Dumber clip was spot on!! Financial literacy and responsibility should be definitely be taught in school. Should be mandatory! I can’t wait for all of this over spending, over consumption dissipates soon! It’s honestly an addiction. The high you get from buying the luxury goods lasts for shorter and shorter amounts of time. The average person cannot keep up without this without eventually ruining their lives.
I love how Glitterforever is owning up to her mistakes and genuinely trying to fix it ❣
This is one of the most important videos I’ve seen from u Steph ..
It’s so true with the new money young people got broke and burned out . I’ve seen it in real I’ve seen it online .
I can't wait for the influencer bubble to pop. My car is a 2001. I live in a little farm house (a real one, with real farm house problems). My clothes fit in a half regular closet and small dresser. We don't go out to eat unless it's a birthday or anniversary. And you know what? We're happy. These people are selling an unreasonable and ridiculous lifestyle. (I actually did use the Pythagorean theorem, but I was a welder/fabricator😆)
I like the fact that you kinda have the same life that I want. I need a house that's on the smaller side (I just want the garden to be big, but nothing *too* spacious), I want to live in a quiet place and just have some peace. I wouldn't get satisfaction from money and a huge manor, but I'd love something simple.
My husband and I used the PT to settle an argument about whose route was in fact the shorter one! 😂
@@llamasugar5478 Lol what's the "PT"?
@@llamasugar5478 NM, I got it, LMFAO!
@@sedgecircle 🤣🤣
I totally agree with you, expect for 1 thing. Those trigonometry and algebra are important. Maybe we aren't using them daily, but that's because of the career we chose. There are so many people using them on a daily basis and it's important to learn a variety of things in school as otherwise we won't know what we want to continue learning or even make a career out of
it also teaches u how to think critically, how to solve problems
Exactly. We don't learn that kind of math for our daily lives, we learn it so we'll have it for college if it pertains to our field of study
was going to comment exactly this. i studied engineering so maybe this is a bit biased but how are your supposed to find your affinity if you're not taught everything 🤷🏻♀️
You can Pythagoras theorem in shed building, roofing. We used lots of maths for renovating. Definitely helps to have a solid knowledge base to work from. I know so many people who can't figure out sale prices (percentages), even with a calculator! It's definitely important
I use math every hour of every day.
Anti-intellectualism is killing America.
In most other nations, being educated is respected. They don't shamelessly celebrate ignorance.
I LOVE your channel. The realism is much appreciated!
You hit the nail on the head, Stephanie - financial literacy should be taught in school! Thanks for your hard work and great videos, as always! 💕
Word girl. Schools are not teaching life hacks and really important things.
spending your dwindling pennies on luxury goods just to flex on the internet is a new level of stupid that I truly didn't think we would accomplish so soon.
I absolutely love you Stephanie:) I am definitely not your target group, I live high on the mountains and never in my life watched any influencers or purchased any designer products. I don’t even have tv. I also don’t care about makeup or honesty anything you talk about. 😃💖 but I love your videos, and your personality and your passion for truth. I really hope you can influence people to be themselves and make the right choices.
Watching before some copyright queen comes by and unfairly strikes your page. ❤ keep doing you, Stephanie. You are so REAL and we NEED that.
I swear I learned this the hard during Covid , every single literal post of all my fav “influencers” were the hottest bag, sandals, amazon shorts or bathing suit , loopy, dime , the bar, Abercrombie , and the dreaded FULL OF FRAGRANCE TULAAAAAAA!!!! I was broke every check legit not even making bills on time because I felt like I always needed the next one. I Honestly I had to stop watching them all together for a long time and work on myself , figuring out why I felt like I needed all of this crap to feel like I was worthy….
thanks for the reality check, social media has us believe all those rich influencers you see are having a perfect life when in reality none of it comes close to it.
I was completely sure that going into this idea I'd be laughing at how ridiculous these people are, but unfortunately when i heard you talk about lifestyle creep, i realized i am also going through this right now. I just started earning after my graduation working into a decent-ish job, and i have noticed that i have started to hesitate lesser and lesser on things i used to feel scared about buying, like eating out frequency has increased, buying certain type of clothes, jewellery, gadgets, it's almost going out of hand, thankyou Stephanir for this video, i feel like i am more aware now about what's happening to me.
Steph??? 36!?! I thought you were 26!!!!! I’m blown away
She’s evidence that being a non problematic TH-camr that helps the community positively can help you look your age and younger
I had to rewind that part because I thought I was tripping when I heard 36 lmao she looks mad good
that's what happens when you don't botch your face early in life ♡
36?!? Wow! Wow wow wow. 🤩 she looks amazing and that’s not despite her age!
she is beautiful! inside and out
Thank you for being a voice of reason & delivering these stories with compassion. AMEN, finance classes need to be included in schools! 💕
Those designer clothes costing THOUSANDS and THOUSANDS of dollars just to sit on your shelf and catching dust in your wardrobe because they were worn maybe a few times till the next items replaced them is such a ridiculous waste of money 🤦🏽♀️ I don’t feel bad for them at all….
@@MsHddg exactly… people who actually have money will maybe buy a couple of designer items and get good use out of them, but I have never seen anyone just keep buying stuff like this 🤦♀️
I’ve gotten my moneys worth on every single designer I bought, I use most of it years later, all the time. I am disgusted with the influencers spending though, it’s sickening
I always enjoy your videos but this video and the other one on luxury influencers are so necessary and relatable because social media can be so harmful to younger, naive audiences. Thank you for being so authentic and putting out brutally honest content. ❤
If i ever come into alot of money, i am keeping my humble home, paying it off, renovating it a bit, and then honestly just being happy i dont have to budget while grocery shopping, thats all :)
That’s all I dream of bro 😭
That’s true freedom - buying whatever you want in the grocery store!
The dream honestly 😢
@@Allystargirl same!
@@pawsandpeaches yep, and not looking at prices or having your mental countdown from your budget!
I have always adore your eye makeup. It's just perfect and dark, and smouldering. Your content is refreshing and eye opening too. One of my favorite youtuber 😊
Thank you for your videos Stef. Sometimes, theyre the only thing getting me through the day, especially now as i go through some hard stuff and its hard not to be jealous of these celebrities.
It's hard to remember that most of what we see is fake
This was a great video Steff letting people know what matters if life and it is not spending all your money to look so rich it’s not cool and being bankrupt really sucks.
Here i am feeling guilty about buying £25 bedsheets (that I needed). That was my "personal" luxury for the month and I still felt guilty. I can't believe people get sucked into this and literally ruin their lives to an extent.
Thank you for coming for thr McB's, I've never been able to stand them! So much flaunting.
My parents always said to never take out loans. Stay away from loans as best as you can.
When it comes to items in general my advice would be to think about it. Do you really need it? How often will you use it?
Think about it and then come back to it and see if you really need it or if it was just a temporary urge to get it.
You don't need designer bags. Get a normal one with more space to carry your things.
There are good loans and bad loans.
Buying a house with a mortgage to get on the property ladder has historically been a good move. There may be advantages to borrowing to make retirement contributions before a tax filing deadline, etc.
Carrying a balance on a high interest credit card because you spend more money than you make is on the other end of the spectrum.
Depends on what the loan is for. If it's for building wealth and assets, it's a good thing, if you are buying something that will only depreciate then its definitely a bad idea
There’s a reason “boomers” keep their money!
She took "fake it ,till you make it " to a whole new level
Hearing that you were in tremendous debt in your 20's makes me feel very validated haha. I'm in debt up to my eyeballs and I'm just hopeful I can get out of it, because it's horrible!
Same. When I was depressed and suicidal I went on a spending spree and gave away a lot of things. Now I'm in debt for the forseeable future due to disability unless the government can help forgive the debts.
Start listening to Dave Ramsey immediately!
Steph as one of your older subscribers, I do hope that your message is getting across to these young people out there that get influenced by these influencers you’re doing really great things with your content and I hope the young are listening to You because you’re giving them great advice for their future. Cheers from Queensland ❤️❤️
I do wonder why schools don’t teach you important things like taxes and money management. I’m going to look into this…
Some do. I was taught about completing tax returns and investing in stocks when I was in high-school. It was only an optional class though. I went to school in Victoria Australia so if either Steph or that other broke Australian influencer did their VCE in Victoria, they may very well have had the option of taking the same class I did. It set me up for life honestly. I have a pretty significant investment portfolio now (I’m 44)
Because John D Rockefeller wanted a nation of workers not a nation of workers.
John D Rockefeller said - 'America needs to be a nation of workers, not a nation of thinkers' they only needed us for our labour and that's when we had a baby boom. Now they have robots they don't even want a nation anymore which is why all major western political parties are tanking our nations. We're a debt based economy in a great depression and it was always meant to come down crashing and burning as we move into the 4th industrial revolution. Which means the end of capitalism and the beginning of a technocratic feudalist corporate system. Worse than 1984 lol I could go on for days..we're all doomed. Most people have no idea what's coming
Financial literacy, emotional intelligence and mindfulness should be mandatory in every school.
Yes! I also wish they taught what to do if you are in an abusive relationship. How to change a tire. What kinds of careers out there. Real life important things. I guess they think these things are taught at home but sadly not all homes.
Was reminded of this scripture a few minutes ago….Proverbs 22:7 “ The borrower is a slave to the lender.”
I am in that situation now - not as an influencer but as a corporate pharma blue collar worker. Suddenly I am earning twice as much and I am in top best earning percentage of population in my country that have full time corporate jobs. And I drive almost 15 years old car and every time I am driving that old piece of metal I am thinking of buying a new one even though I am saving for a house. One thing I will allow myself is hiring personal trainer -this will benefit my health and my body and it is not the cheapest. You have to be able to spend the money you earned but do it carefully so the expenses don’t creep out on you
This is why I love Stephanie. She's looking out for us, guys❤😊
She is far from the only person flaunting a wealthy lifestyle while drowing in debt.
Of course she is and I hope most people know that
Girl you’re doing the most this week!!
This was amazing and I totally agree that many people aren’t taught how to manage their finances properly. However, some people are just plan stupid when it comes to money and there is no helping them. Example: my ex inherited 100k when his mother passed away. He was strongly encouraged and advised by successful family members to be smart with it and invest wisely. Being the arrogant man that he was he decided he knew better. He immediately quit his job, spent everyday eating out and going to the bar, bought drinks for everyone, soaked up all the attention and then was shocked when the money ran out in less than 8 months. He thought it would last him 5+ years.
Oh jeez 🥵🥵
Quit his job?! That is crazy! I really don't think people realize how quickly money goes away. I don't understand how he thought $100,000 would last him 5+ years!! 😮 it reminds me of when you watch those crazy murder shows where somebody kills their spouse for insurance money. I am always shocked, like, bro?! You literally MURDERED someone for an amount of money that will maybe last a year if you're lucky. And not even a random person, someone you vowed to love the rest of your life. People are crazy 🥴
Bruh imaging accumulating 100K for your son, knowing this is good money, knowing he works(so he *looks* responsible) and so he will be living life on easy mode if he uses it in a smart way.
Only for your son to be too stupid and blowing off all your efforts in expensive dinners and other worthless crap😂
I'd be coming back from the afterlife to slap that dumbass into the shadow realm lmao
So glad he is an Ex- girl ! 🎉
@@March_13_18 she dodged a bullet there for sure! 🙏🏻🥴🤣
Your content really is the best - thanks for this eye-opener, Stephanie ✨
Steph thank you for saying that you were in debt, I’m in debt too and I look back and can barely tell you anything that I used that money for. Because of that I have a lot of shame and embarrassment and it always feels like everyone’s doing better than me, I’m on a journey and hope to be debt free one day! Thanks for keeping it real 💯
Girl you do NOT look 36! Love the vids on this topic 🩷
you're genuinely the only one i could listen to for hours and never get sick of
when i get money i’m obviously gonna upgrade my lifestyle bc i’m tired of my dingy cheap apartment, no car lifestyle and poor health but i’m interested investing . growing your money is the key
It's pretty rare that bankruptcy actually helps, because it doesn't change the person's spending habits or relationship with money. She's just doesn't want to put in the work to get her "stuff" in order. We are going to be paying off her stupid purchases with higher rates, more fees,etc.
In America, all it can take is a medical emergency to get you so far in debt that bankruptcy is the only option😢 Often times most people are only a few paychecks away from being behind on bills, foreclosures on homes, and bankruptcy.
Most of the time it helps the offspring more often then the actual person. My grandma was such a woman, which is one of the reasons I grew up poor and that taught me a lot abbout money, as well as seeing all the money hungry wolves in my family backstab eachother for leftovers of the family fortune as a kid.
This is such a very, very valuable and important video. I’m a new subscriber so I am super happy. I found your page and thank you so much for the financial resources. I myself found myself in debt but it was because I was struggling and just use credit cards most of the time and I can totally relate to your story that you mentioned from 2014 2015 but thankfully, I’m almost paid off and have been working to consolidate it for the last four years has led me to completely being broke because all my money is going back to paying the debt down, but thankfully got a new job and been able to learn how to use money better. I’m gonna definitely listen to podcast wonderful channel.
I remember being so stupid with money in my early 20s because I would see all these designer things and think they were just so beautiful, and I just felt this absolute compulsion to collect up as much as I could. it's scary how addictive it can be.
It really is
Me too
You're amazing and I have been saying this for years. The wealthiest people I've met look super normal. Just more put together , sometimes
And the designer brand companies are laughing all the way to the bank. Oh and the realtors.
Stephanie you are one of my fav youtubers! Thank you for always so great videos.
Love you Steff ! Thank you for everything you’ve been doing for us!
"You need to manage your money or your money is going to manage you!"
Great video, thank you!🍀
She could’ve rented the bags. Many influencers do this. They rent the bag and claim it as their own. Not just bags, but many designer items can be rented
That kind of seems even dumber.
I work in finance and have seen the bankruptcy of influencers. Everyone needs to budget, you can still allow for fun, but it needs to be planned. And yes, live below your means is perfect because you can’t eat a handbag.
Personal lesson for me and stupid spending, I drove 3 BMWs into the ground in a short period. The up keep and gas was so expensive, the miles I needed to drive were killing the cars. I drive a Honda now, zero issues, cheap maintenance, cheap gas, just keeps going.
Here to comment for the algorithm and combat that BS copyright strike.
Love you, Stephanie. You produce good, quality content and you’re a delight to watch.
Thank you so much for addressing such an important topic! It's crazy what kind of "lifestyle" these irresponsible influencers are imposing on young people who are so easy to be brainwashed.
I just felt the need to add my thought about teaching children about money responsibility in school: In my opinion it is not really the school's responsibility to educate children about taxes or whatever involves spending money correctly. I can hardly imagine that young people at the age of 16 or 18 are very interested in taxes and by the time most of them get to spend time on taxes, they will have forgotten everything about it. It is rather important that their parents and their environment teach them to act in a responsible way with money and to spend or save it correctly. We should not forget how important private influence and the parent's view on money is on young children. It all starts with pocket money and presents and goes on to managing a first bank account and this is how family should be an adequate influencer. We can only imagine how bad of a good impact these families were on those broke influencers...
Thank you Steph for all the wonderful help you have provided for people.