8 Ways Minimalism Helped My Finances (Frugal Living)

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Gabe Bult

Gabe Bult

Күн бұрын

Here are 8 ways that minimalism has helped my finances. Minimalism has some great effects not only in your home buy having less stuff and being busy but it has also helped my finances by allowing me to focus on my financial goals and use the money im saving to invest in life changing things.
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Пікірлер: 78
@GabeBult
@GabeBult 4 жыл бұрын
How has minimalism helped your finances?
@LifeSimulator_
@LifeSimulator_ 4 жыл бұрын
Gabe Bult By not spending money on pointless things and not buying just for the sake of getting something I’ve found I’ve had a lot more money put by for when I need it.
@kimgordon3695
@kimgordon3695 3 жыл бұрын
Simplifying systems to LIVE 💕 IT'S MINDFULNESS & FREEING
@ServantOfNone
@ServantOfNone 3 жыл бұрын
House paid off under 3 years working a non-skilled job partime.
@erakkovaatainen148
@erakkovaatainen148 3 жыл бұрын
I can live a decent life whole month with €1000 only. I can save the rest whatever it is. Or if I really spend tight, I can live at €850 a month thanks to minimalism.
@createelegance6792
@createelegance6792 3 жыл бұрын
Time to read. Reinvesting in your values. Someone I'm helping was recommended " The emotionally destructive marriage" it saves more money usually to work on your marriage than divorce, that's how.
@QuesttoFIRE
@QuesttoFIRE 4 жыл бұрын
Contentment was the first thing that came to mind for me. 😌
@Erika2
@Erika2 4 жыл бұрын
Another great video! The car payment thing is so true. Buying new cars constantly is probably the most common financial mistake people make.
@GabeBult
@GabeBult 4 жыл бұрын
Absolutely agree
@retireby5094
@retireby5094 4 жыл бұрын
Minimalism and being frugal has helped out our finances substantially! We save thousands of dollars yearly by doing the little things like making coffee and home and bringing lunch to work instead of eating out.
@idreessaleem4722
@idreessaleem4722 4 жыл бұрын
I'm living for this minimalism mindset! I'm not even ashamed to say that I'm still holding on to my S5! I was gonna get the S10 but then I thought I might as well invest the money and delay upgrading for another 6 months. My phone works fine for my lifestyle - my laptop is very new in comparison, so compensates for that
@GabeBult
@GabeBult 4 жыл бұрын
💯👏
@LeahElizabeth
@LeahElizabeth 4 жыл бұрын
Less spending = less stuff = less space = MORE MONEY! 💸💸💸
@GabeBult
@GabeBult 4 жыл бұрын
Exactly!
@Mvjesty23
@Mvjesty23 4 жыл бұрын
I quit my job yesterday. I began to live a simpler life by limiting restaurants and needless spending. I started saving a majority portion of my paycheck, made a CD account and will have my tax return shortly. I’m fortunate enough to still live with my parents and have them pay for a education. I will spend my extra time flipping, photography and creating a men’s clothing brand. I am really enjoying your videos Gabe 😁
@GabeBult
@GabeBult 4 жыл бұрын
That's awesome congratulations!
@antiringlo509
@antiringlo509 4 жыл бұрын
You are so down to earth and clear in thinking, it amazes me
@taviyo
@taviyo 4 жыл бұрын
less is more! Good stuff Gabe. Keep it Simple and enjoy the moment.
@GabeBult
@GabeBult 4 жыл бұрын
Yes it is! Except for coffee of course
@christinegivens9048
@christinegivens9048 4 жыл бұрын
This is amazing. I love the millennial mindset. You guys are amazing. Thank you.
@thebudgetchick
@thebudgetchick Жыл бұрын
This guy!!!❤❤❤ I appreciate you dude!!! These videos are so inspiring! In the process of practicing minimalism
@LifeSimulator_
@LifeSimulator_ 4 жыл бұрын
Very inspirational to hear your story in terms of finances. I wish you all the best and hope over this next year you’re able to get to the point where you can quit your job (if that’s still what you want to do) and just work on the things that matter to you. Great video like always :)
@GabeBult
@GabeBult 4 жыл бұрын
Thanks John! I'm getting close
@ocean_owl
@ocean_owl 4 жыл бұрын
😍 thank you! I was only looking at your eyes the entire video
@KristineVerzoPinayMinimalist
@KristineVerzoPinayMinimalist 4 жыл бұрын
Wow bro! You very resonate what I want in life. #minimalist #youtuber #realestate agent! Glad I found your channel. God bless bro!
@GabeBult
@GabeBult 4 жыл бұрын
👍
@bagery
@bagery 4 жыл бұрын
Personally, I started the path to financial minimalism (I don't have many "things") so that I would not have to side hustle in order to say yes more often than no. But you certainly do make some great points here no doubt, thank-you.
@irenafields3324
@irenafields3324 4 жыл бұрын
Wonderful tips! Thanks ✌️💕
@GabeBult
@GabeBult 4 жыл бұрын
🔥☕️
@9latinumStudioz
@9latinumStudioz Жыл бұрын
Your last video talked about being over caffeinated at the end & this video started with coffee & I posted wants & needs that I had on my mind and you ended up mentioning & this video started with that 😳 I think the algorithm is a lil too good 🤣
@Ms.MD7
@Ms.MD7 4 жыл бұрын
I get a high when my items sells on any selling platform and whatever I don't care to sell, I just put FREE on the ad and ppl come out of the woodwork to get em. I don't have to waste time and gas when I'm decluttering and then I make money off it too 😁
@GabeBult
@GabeBult 4 жыл бұрын
🔥
@xlilxtrukita703
@xlilxtrukita703 4 жыл бұрын
Love your channel
@GabeBult
@GabeBult 4 жыл бұрын
👍
@PassiveIncomeTom
@PassiveIncomeTom 4 жыл бұрын
*I think side hustles help since that's extra money in your pocket every month.* 👍
@GabeBult
@GabeBult 4 жыл бұрын
Absolutely! It gives you a lot more freedom even though it takes more time
@RonkeOdewumi
@RonkeOdewumi 3 жыл бұрын
Less spending = less cleaning = less maintenance = more money! i Can't think of anything better really!
@irmatezx3
@irmatezx3 3 жыл бұрын
I see some people mention you look like Heath ledger but to me you have a mix of one of the Jonas brothers lol. Anyways loved the video. Needed this.
@GabeBult
@GabeBult 3 жыл бұрын
I get that too lol
@avgholson8143
@avgholson8143 4 жыл бұрын
He is very attractive, which makes minimalism very attractive. 🤷🏽‍♀️🥰
@ana_cmz
@ana_cmz 3 жыл бұрын
I always drink coffee after watching your videos. I wonder why. haha
@kiritosreign4283
@kiritosreign4283 4 жыл бұрын
Didn’t know Nick Jonas was a minimalist
@angelicacole40
@angelicacole40 5 ай бұрын
😂
@guerillatactix3834
@guerillatactix3834 3 жыл бұрын
I don't understand one part about wants vs needs and that's the joy part. For example, Amazon Prime video is a want which brings me joy. Every night after work I come home and watch a few shows on Amazon to decompress. Its not a need, but its a want so I'm not sure what need would being joy to one's life. Anyone have any examples of a need that brings joy and value to someone's life?
@veganryori
@veganryori 2 жыл бұрын
Food. It's a need and it brings joy!
@user-ii5jh2ch2i
@user-ii5jh2ch2i 4 жыл бұрын
Glad I am on A Swiss pension living very happily. We do not not need side hustles here - as least for most of us.
@GabeBult
@GabeBult 4 жыл бұрын
👍💯
@annaadamska8645
@annaadamska8645 3 жыл бұрын
storage, not storeage
@MikeKilo1969
@MikeKilo1969 4 жыл бұрын
Great video! Remember: Minimizing your diet will also save you a fortune! Eating ketogenically has helped me a great deal in this regard.
@GabeBult
@GabeBult 4 жыл бұрын
👍
@FragenAnsLeben
@FragenAnsLeben 3 жыл бұрын
I would not consider short tem rental like AirBnB as passive income.
@pritikhan28
@pritikhan28 4 жыл бұрын
Amazing .Where to sale old stuff. You mean on Ebay?
@GabeBult
@GabeBult 4 жыл бұрын
Facebook marketplace is very good to sell stuff
@yelenawhitmer1329
@yelenawhitmer1329 3 жыл бұрын
⭐️⭐️⭐️⭐️⭐️❤️
@nathaliecastillo357
@nathaliecastillo357 3 жыл бұрын
Since you mentioned 23,24 & 25 year olds... how old are you? Because you are honestly doing really good & I had no idea you were so young
@GabeBult
@GabeBult 3 жыл бұрын
I'm 24
@sposo
@sposo 4 жыл бұрын
Be minimalist, take your shirt off XD
@AceHardy
@AceHardy 4 жыл бұрын
💲
@GabeBult
@GabeBult 4 жыл бұрын
👍
@seanylim
@seanylim 4 жыл бұрын
what camera are you using to film this video?
@GabeBult
@GabeBult 4 жыл бұрын
I used two different cameras. I'll throw the links in the description
@GabeBult
@GabeBult 4 жыл бұрын
I put them in
@seanylim
@seanylim 4 жыл бұрын
@@GabeBult Thank you! 😀
@johnpatrickpagulayan2948
@johnpatrickpagulayan2948 4 жыл бұрын
are you heath ledger's and nick jonas' son?
@strongconvictions3396
@strongconvictions3396 3 жыл бұрын
I don't bet on sports.
@stevengtv
@stevengtv 4 жыл бұрын
Are you moving into the new property?
@GabeBult
@GabeBult 4 жыл бұрын
Based on my guess I'll be announcing it soon!
@thechrisparrow
@thechrisparrow 3 жыл бұрын
I don't care what anyone says a car is a need.
@zenmaster6989
@zenmaster6989 4 жыл бұрын
Rich dad poor dad at the back 😳
@Cassie_-rw9ik
@Cassie_-rw9ik 3 жыл бұрын
What’s wrong with that? Just curious.
@illenhair3763
@illenhair3763 3 жыл бұрын
There just *has* to be coffee
@GabeBult
@GabeBult 3 жыл бұрын
100%
@tink5337
@tink5337 3 жыл бұрын
I find it hilarious how the ads at the beginning of minimalism videos are always a useless, overpriced material items. Like today for example: it was the most recent Samsung. These ads are poorly paired to the wrong audience 😂
@9latinumStudioz
@9latinumStudioz Жыл бұрын
What everyone else is doing is average - you don't want to be average - be like Gabe Gatsby 🤙 Cars are overrated - only good for chasing women 👋✈️
@homecomputingcoach
@homecomputingcoach 4 жыл бұрын
You have a lot of good suggestions, however, suggesting that people move in with their parents in order to save money is something you are only looking at from one point of. Parents have already sacrificed for many years to raise children and because they love you they're not going to say no to you if you asked to move back in but it's an inherently selfish request. I have seen a LOT of people forced to work five to 10 extra years and postpone their retirements because their adult children moved back home. Is it really fair to deprive your parents of their privacy, income and retirement so that you can live free? They have worked for decades and you are going to put extra financial strain on them? It's pretty hard for people to be past 40 and not have health conditions that can be made so much worse by extra stress and work - why would you do that to them? Not a week goes by that several people I am friends with or related to don't share their fear and frustration and anguish and exhaustion from trying to support their adult children while those same children are hanging out in front of the TV all day and going out with their friends and piling up money in the bank while the parents are working extra hours, taking on extra jobs, taking out loans because their children have moved back in with them. I know dozens of people 40 and older whose lives have been derailed because their adult children moved back in. They love their children so of course they are not going to say no even if they know that they're going to have to work extra shifts for extra years to cover the cost of supporting their children when their children are old enough to be out supporting themselves. your other advice is pretty sound but I have to tell you that it might be a good idea not to continue to suggest that people sponge off their parents. Parents don't want to admit this of course but they are no longer young enough and strong to withstand the stress of supporting extra and again it's just not fair for parents to have to postpone their retirements in order for their children to retire by 30.
@GabeBult
@GabeBult 4 жыл бұрын
I was definitely not suggesting that everybody do that but for some people if it's not going to if your parents I can definitely be a huge advantage are there if you're going to ruin your parents lives and I'm not extremely selfish obviously the same thing will not work for everyone
@smarterReacts
@smarterReacts 4 жыл бұрын
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