Don't Do These 7 Things When You Get Paid

In this video, we will share 7 things that you may not want to do with your money when you get paid. If you are looking to save more money this year, this video is for you!
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[@NateOBrien]

Releasing my minimalist apartment tour video next week. Make sure that you have post notifications turned on!

[@sumyum]

I am expecting to see a PS4 pro + PSVR along with some amazing games and 80 in. high end TV!!

[@Sir_Ken179]

Yessss I was gonna ask about this. Cant wait!

[@WitchLuw]

Just spend it all at a Supermarket also buy alot of Water

[@johnmoon3848]

This is so exciting!

[@giocondakisses]

I think most people that get paid weekly is on Thursday because payroll get cut on either sat or sun so the payvhecks are processed the next two days and ready either printed or direct deposit by Thursday

[@adibchyy]

If you get fired for (reasonably) asking for a raise, take it as a blessing.

[@smilemore6130]

Can you ‘just get fired’ in America? In the Netherlands you have a contract that says howmany months you work in a company. This can be 4x 6 months and after that you get a ‘solid contract’ that has no end. The boss can’t fire you without good reasoning (like stealing or you not doing your job right). As an employee you work for another 4 weeks or 1 month after you quit. You also get a systematic raise. Every year. Not a lot but it does at up when you work somewhere for a lot of years

[@WYFROM805]

@@smilemore6130 you can get fired for no reason in America

[@jaicy9968]

Hell naa now ima be outta a job

[@robertoenamoradoakaroberto5654]

Yesss!!!

[@robertoenamoradoakaroberto5654]

@@smilemore6130 good to know!

[@robellis3705]

How about a day in the life of Nate Video !!!

[@NateOBrien]

Hmmm. If your comment gets a lot of likes I will consider it

[@residualroyaltyacademy]

@@NateOBrien i think he started a vlog channel a while back?

[@stephane1623]

Agree!

[@macieklipa2580]

Rob Ellis Yessssss!

[@mynametrong5508]

I second this. It would be nice to see.

[@freedominabudget]

I have soooo many coworkers that say that they can’t go out for lunch until they get paid! It blows my mind! If you have to wait for payday to spend $12 then you can’t afford to eat out!!

[@tashasmith8276]

Freedom In A Budget I say that but only because I budget a certain amount towards eating out and not because I don’t actually have the money

[@freedominabudget]

Tasha Smith I can totally see that! These are people that will also talk about how they only have $4 in their bank account right now.

[@residualroyaltyacademy]

@@freedominabudget thats not freedom is it!

[@WitchLuw]

@@residualroyaltyacademy They are NPC

[@residualroyaltyacademy]

@@WitchLuw non playing characters? 😂

[@KB-sg7tv]

So true about food. I hate spending money on food. Once I'm done eating, that money is gone forever.

[@Lisa.M.J]

I think the phrase you were looking for is, “If you don’t ask, you’ll never know”. -true...true 💯

[@NateOBrien]

Exactly! thanks lisa

[@EmperorDionx]

sometimes asking in of itself is a crime

[@stephane1623]

The first advice is so important and especially if you have a masters degree. I have two, and I was able to negotiate an additional $10,000 more. Market your skills, compare rates, and cite data that supports your salary demand. Good to see you Nate 😊 #Niceshirts 😁

[@NateOBrien]

Great job! Thanks for the continued support on the channel

[@stephane1623]

@@NateOBrien always ❤

[@scumpuppies]

Why wouldn’t you just get a phd? I’ve never heard of any benefit from having two masters...that’s coming from someone with an MS in a S.T.E.M. field as well.

[@stephane1623]

@@scumpuppies there are benefits to it because I have knowledge and skills in two different fields/industries. I went to a school of public health and business school. Duel masters are common, especially among elite institutions like the ones I attended. And I am glad I got both, I'm well-verse in my areas. And yes, I plan to get a PhD in the future too.

[@stephane1623]

@@scumpuppies Columbia University and Johns Hopkins.

[@mitchrichardson3674]

"a closed mouth doesn't get fed."

[@EmperorDionx]

a closed mouth also doesnt get punched

[@JustinKenward]

I've really come to admire your videos. The format is very pollutable. From setup to delivery, I always feel very engaged with what you're saying. And I never feel like you're attacking someone. Keep rocking it boss. 👍

[@jasonlavelle2069]

You are the youtuber that I get the best and most value from. Your videos are very enjoyable to watch. Great job Nate

[@tonysteel1377]

Before your next payday, consider how much you’ll have to save, versus how much you’ll have to splurge. 💡

[@NateOBrien]

Yes Tony!

[@HearMeLearn]

I always just save 20 percent of what I make no matter how much it is

[@rambu3013]

@@HearMeLearn I love your username

[@thevalleyofdisappointment]

2:09 it’s the squeaky wheels that get the grease

[@StPetersburgme]

Nate, that 24-hour rule advice is super handy! I started to use it recently and I can say it's a real money saver.

[@sammyriding]

"Food is a depreciating asset" okay that was awesome! Home cooked meals are the best

[@gwillis01]

People get paid on Thursday because the company is hoping you will buy groceries and gasoline on Friday before you spend all day on Saturday on Sunday spending money on foolishness.

[@Cloud-xe6em]

Freakin love that you are so honest!

[@NateOBrien]

Hey thanks! I take my integrity very seriously

[@InvestingRobinhoodInvestor]

Thanks Nate! Very helpful tips regardless of age

[@boxxboy]

Super important information that all new and existing employees can learn from!

[@PointsInbound]

I like your idea of food as a depreciating asset. I often buy more expensive food once I'm hungry. When I'm not hungry I'm much more in control of how much I spend on a meal or where I eat.

[@sandercohen3309]

If you think about the long term consequences of bad food choices, then you might not look at it as a depreciating asset anymore. Junk food costs almost nothing upfront, but they can cost a whole lot later down the road. Sadly enough, it's often more expensive to buy healthy food.

[@Mohammedahmed-od4ym]

Bro, I got that ad for the payday loan on your vide.

[@NateOBrien]

nooooo

[@JumpRopeVeteran]

Awesome video. Thanks!

[@prody666]

@Nate O-Brien - I really appreciate what you are doing. There are so many videos out there that I've watched and in the end I just realized that there was no solid info, that it was rather a marketing strategy in order to make you buy some kind of product. There is a lot of common sense in what you say, no b.s. Your explanations are clear, the examples you give are relevant. Also, it is useful and nice that you share your personal experiences. Thank you and keep up the good work!

[@coppo675]

good video Nate, also on the house rental agreements etc, when I first moved out of home years ago I got introducted to a payment period called 'calendar monthly" ....effectively instead of paying by normal monthly date etc, the leasing agent worked it out to payments based upon a standard 28 day month, resulted in your actual monthly payment figure being higher that it looks on paper, but it not being crystal clear to the new punter.

[@EmilSosa_14]

Why pay 2k dollars for online course when I have your videos man? :p

[@saltlordbros5278]

because they dont work , you need to put in the work :)

[@manchuratt8900]

Why waste money watching his videos when you can get extra job/drive uber/lift for extra money?

[@saltlordbros5278]

@@manchuratt8900 because not everyone lives in the US

[@HearMeLearn]

@@manchuratt8900 because that's not always the best use of someone's time

[@TibGamingShow]

Manchu Ratt cuz u really don’t make shit in the long run cuz ur car gone end up giving u hella trouble cuz of too much mileages specially if u have an older used car which we all know we should never buy new cars or get loans on cars !

[@influencerunchained-digita4763]

Very helpful stuff Nate! 👊 I'll be combining these tips with those in your investment videos! Btw, I felt a tinge of salt when you said to negotiate salaries (cause I didn't last time) 😂

[@nxlevelsicc]

Nice shout out on the CLEP!

[@lifewitholga_]

Yay!! You shouted out 2cents ! I love their channel.

[@constra7969]

Never go to the store hungry

[@hagdore]

Or horny

[@aashishsingh5848]

Or alive

[@xoxomichaeline3430]

Or sleepy

[@Libragirl103]

Nate! Can you do a Q & A? Thank you for all your videos so helpful!

[@TheDreamGreenShow]

as a teacher sometimes we have to strike to get a raise.....smh

[@InvestingEducation]

Great suggestions!

[@tylerhurst33]

It’s crazy how many don’t realize that information if free, especially when the internet is as widespread as it is today

[@JM-ob7hh]

Love your videos always keeping me conscious of my financial decisions 💯

[@justinblount5033]

If you look deeper into the unemployment numbers you’ll see that 90% of all job creation in the U.S. are part time and gig economy jobs. There are very few newly created full time jobs and careers that provide a stable living these days without people needing to work two or three jobs. The unemployment number is very misleading.

[@ChipChapChop]

Plus, you stop being counted as "unemployed" once you stop actively looking for a job, for whatever reason. It's nuts.

[@marktalksmoney1956]

2 million people went on disability in 2008 and many more are no longer counted

[@adogsupreme1739]

Unemployment number is a lie if you look at how they calculate it they knock you off the list after x months of you not having/looking for a job if you looks at the labor force participation rate it only 64%

[@buffycatnip]

i always roll my eyes whenever i hear we have the lowest unemployment rate ever

[@filmarques]

Instead of looking at unemployment rate you should look at the opposite metric which is employment rate, more specifically full time employment rate

[@martinvictorhotel289mvh2]

lessons of life ;-) very well brought to your audience! keep up the good work.

[@NateOBrien]

Thanks!

[@vidyasagarcv9762]

Thanks

[@Volksgeist]

Great video Nate

[@NateOBrien]

Thanks!

[@johnsamsjr8670]

Awesome video 💰💰💰

[@sfoxyy3282]

Your channel is my inspo for real :)

[@thechxshirecat]

Nate gets paid to tell people how to get paid #lifegoals

[@buy.bitcoin]

Great video as always, I really like the way you deliver information. Personal finance is such an important topic, but not nearly enough attention is given to it. A sincere thank you for being the main inspiration to create my own travel/investment channel.

[@NateOBrien]

Thank you Niko!

[@jrmorales822]

Been on this channel for about 1-1.5yrs now. I feel like I have learned a lot more of stocks/financial aspects more than my classes. ( I’m on my 2nd yr in college,major in sports Management specifically marketing) only 2 classes I feel like I learned. The rest of my 3 classes I learned through here b/c it’s more simple and engaging

[@jrmorales822]

Even more so now b/c my college got shut down and I try my best to keep myself intrigued with finance material while I try to get transferred to another school.

[@sumyum]

The 24 hr rule is interesting ... i thought i was the only one buying stuffs abruptly

[@NateOBrien]

:) we all do

[@jadiecakes3241]

if its over $300 i think about it for at least a week now. My last big purchase i saved for 15 months for it (to make sure i really wanted it)

[@dick12lauj54]

You grow your own food as much as you can to save money. In the winter, you can, freeze, and dry your food.

[@giovanni0908]

Now I know why I like your channel. You are a CLEPer too! CLEP tests really are amazing if you want to save time and money in your education, especially if you are already an independent learner. With the vouchers from Modern States, it is possible to take CLEP tests for free -- free college credit.

[@MissEnglish123]

U have no idea how I look 4ward to ur videos 👍🏾

[@kenlynch6332]

All wise & sound advise. Never heard of the "Pay Day Loan" before; but from your description I agree it is BAD and should be avoided

[@NateOBrien]

Glad you agree Ken

[@joslu80eight5]

2k every other week? How are you even having a problem financially Im tryna survive off 1,200 a month

[@neivo1714]

Side hustle my man

[@xXSparklyJayXx]

what you probably didn't notice is that his hair changes at 6:16

[@kareljulianne530]

I actually did.. He is so handsome! What a fine man.

[@hankandgreta]

To avoid impulse purchases, especially for expensive items, be willing to save $100 a week for the number of weeks to save the full amount and then hold on to the money, in cash, for an additional week. Looking at the cash for a whole week will really force you to decide if you really should buy the item.

[@RaRFtv]

Thanks for the advice Nate!, I'm trying to save up enough money to buy a deparment next year, it's a little bit difficult since here in Mexico the market is really competitive in relation with the salaries, but I'm on the right track to do it, so I feel pretty confident. Your tips are helping me out to keep living frugaly, and are setting me to succeed.

[@NateOBrien]

Wishing you the best. I love visiting Mexico

[@RaRFtv]

@@NateOBrien Comeback whenever you want, you have your accommodation guaranteed!, thanks for the best wishes; I'll keep you updated.

[@justintaylor-moneymindset4073]

I think the first one you mention may be the most important. Negotiate your salaries people!! You will earn hundreds of thousands of dollars over the course of your career if you simply ask for more money up front.

[@NateOBrien]

Especially in a booming economy

[@latinsantos6162]

I remember when I ask for a raise after 2 years of service at my last job, it ended up to be my last job😟😢

[@PhilipGernert]

💯💯💯 nice vid

[@tankerboysabot]

Another option for the education route is joining the military and going to school while youre in and then using the GI bill when you get out. Pick the right job (non combat type) and youll have enough time to go to school while you serve. They pay for it all and when you get out you can use the GI bill to further enhance your education, ive got a diploma from Wyotech for diesel technology(diesel mechanic) and motorsports chassis fabrication and now I'm using the rest of my GI bill to get a degree in science in business management.if i take the CLEP courses i can make up a couple of the credits that i would be short on for graduation. Hell go Coast Guard and you get the same benefits as the real military does.

[@ChipChapChop]

Interesting. Is there an age limit?

[@tankerboysabot]

@@ChipChapChop last i knew the age limit was 35 but with a waiver they may extend it a couple years, honestly your best bet is talk to a recruiter.

[@ChipChapChop]

@@tankerboysabot Ah okay. Thanks for the info!

[@matthewdrummond1340]

I borrowed a payday loan 15 years ago. *Borrow $50, owe them $90* .

[@chuyfoshow5]

Good vids good stuff 👍

[@annoyingsheep]

Thanks for these financial tips, BUT we need tips on how you make your perfect hairstyle like... wow. 🤭🧡

[@NickPeitsch]

I always first make sure to transfer all my money to a high interest savings account. That way, there's little temptation to spend it on silly things - cause I'd rather keep earning interest!

[@pamlibey4581]

Investing Engineered I completely agree! So important to not spend foolishly and rather save / invest

[@MissEnglish123]

Investing Engineered I have been trying to open an online account savings & all I have is headache with these online applications

[@Qwonk]

@johnny walker glad I'm not the only one

[@rollercoaster2659]

Can you tell me "high interest bank". It seems like it doesn't exist.

[@bookwarmtee7750]

I just had a college professor tell a class of teenagers that eating out is just as costly as eating at home🤣 I almost passed out in class. What are they eating at their house? You can eat good meals for under 80 bucks per 2 weeks if you plan ahead.

[@horacechin1]

Book Warm Tee you can eat $30-40 priced steak dinners for $5-10 at home and chicken will be $1-2 idk how people say eating at home is so expensive.

[@lelechim]

I asked for a raise and they told me I'd need to wait until my performance review 5 months later. Then I got a cost of living raise two months ago since the company decided to start giving everyone the annual cost of living raise in September. I guess I'll ask about the merit-based raise during my next performance review, but I have a feeling they'll make up some excuse not to pay up -_- I'm currently looking through my Mint account and trying to find out how much I've spent on home improvement in the past several months. I'm almost done with my home renovation and it looks like I'm going to stay within my budget!

[@Joel33736]

Hey Nate! Love your channel, Greetings from Switzerland! One dumb question for you? Where do you buy all this sweaters? They are great and really versatile :) Just keep going with the great job :)

[@mastulaselhaji2983]

I remember he said, buys them at Walmart and amazon the price of $5

[@GenExDividendInvestor]

One thing that worked out for me was having 2 offers at the same time -- it was crazy how much it increased my leverage in negotiations. Also, beyond just asking for a raise is asking what you can do to possibly get a raise (generally no manager can guarantee a raise, but they usually are a lot more open to talking about outcomes they would need to see out of you to potentially qualify for a rise). Of course, the best way I've seen that builds wealth is investing in quality companies in the market -- and then the more you do it, the more you want to do it. My 2c.

[@airicagolden6200]

🤣🤣🤣 If I do get fired...Im coming to your job.👀

[@raphaelperez555]

Hey ! I love your bracelet ! Where did you get it ? 😍

[@kensharpe1047]

I made myself a rule for spontaneous purchases...They have to be in cash, so now I have to decide if it’s worth going to the bank, waiting in line, taking the money out and then going all the way back to the store to buy it. Usually I realize I don’t have time for that so I don’t buy it.

[@adibchyy]

The dotted line is a BIG ONE. I signed a 6 month contract at a gym which cost me $300 a month at 18. This was an emotional decision that crippled me big time while I was a young student. Stupidest thing I ever did.

[@tankerboysabot]

The food dilemma could be helped by growing some of your own foods, like tomatoes, potatoes, other veggies.

[@ChipChapChop]

Indeed. The idea that we have countless people starving when food is so easily produced has always been astounding to me. Modern society is such a joke.

[@aabelmendoza]

Not in major cities like nyc unfortunately

[@williamstewart3469]

7 mistakes? Spending on a. . . Monday Tuesday Wednesday Thursday Friday Saturday Sunday?

[@investthemarket]

All great points man! Should be taught in schools this stuff!! I’m about to get paid so brilliant timing thanks 😂💪🏻

[@NateOBrien]

Good luck!

[@investthemarket]

Nate O'Brien cheers buddy much appreciated 💪🏻

[@mikeg7430]

Man, this my Boy right here

[@remmiellis]

Love this video idea! Next up you could do the 7 things you SHOULD do after you get paid - I know you’ve probably covered the topics you would mention already but paired with this video it could help the people that get their check and think “time to spend this” About eating out - I limit it but come on man half priced apps after 9pm at Applebee’s?! Welcome back to the neighborhood 😂😂

[@NateOBrien]

I need to start taking advantage of that

[@remmiellis]

Nate O'Brien Gas/phone bills or boneless barbecue wings 🤔 the answer is obvious

[@ShaneHummus]

Budgeting your finances wisely is vital to keeping you out of debt. Awesome content Nate! This is what every earning individual should watch. Thanks for sharing brother!

[@NateOBrien]

Thanks Shane!

[@coach-piotr]

Dear Nate. real unemplyement in states is currently way over 20%. The only problem is the fact that those numbers are being manipulated and majority of those who are not working (which we would consider being unemployed) are not being counted for many different reasons.

[@KristyJ34]

Have you reviewed or do you have an opinion about the Fundrise Starter Portfolio?

[@kirilvasilev8429]

as always very good video very good content could you make a video in what we should invest in 2019

[@yaccumarron]

kiril vasilev Invest in yourself and Develop high income skills first before you invest in anything else

[@chitasworld7391]

I think you're GREAT!!😎

[@kimchiladybugsullivankim5595]

Just curious how often do u go out to eat

[@BrentInvesting]

1 depends on job and skills

[@yiselmartineznoa8093]

hey, Nate, concerning the food, which supermarkets in the US are less expensive? I recently moved in from a Latinamerican country

[@jaxx-inspiregrowcreate2862]

*Put half that money into some kind of Savings or investments. Let your money make you money.*

[@NateOBrien]

My money makes money!

[@remmiellis]

The Jaxx Channel - Self-Growth Health Wellness That sounds amazing but realistically the majority of people can’t put half their paycheck into savings haha

[@jaxx-inspiregrowcreate2862]

Remmi Ellis time to find ways to make more money!

[@PhilipandSatoshiLive]

Haha in Germany you Never ask this and work 30 years the most in my company but I leave after 3 years and I’m 19

[@robellis3705]

Awesome Video Nate !!! Very informative and easy steps to stay on track !!!

[@NateOBrien]

Thanks Rob! Appreciate the support

[@zercon1131]

Why did I think that one of the things would be don't buy bottled water?

[@SoulPapiii]

good vid

[@the.annethology]

Grow your food. Yes it's a luxury for some but if it's possible for you, do it. It's such an investment that keeps on giving. On winter, learn how to can, freeze or dehydrate your food. Such a great investment that will allow you to be more comfortable long term and not depend on the supply chain. Also, the environmental effect is amazing.

[@tntkff9901]

raises in my job (retail) only come when starting pay is raised, so someone who's been working 10 years makes the same as a trainee. Raises are not up for debate.

[@classycassie1118]

With retail, you have to move up in management in order to increase your wages

[@danielglazer123]

Maybe the 1st advice was rellevent at the time but in April 2020 ... not so much

[@venictos]

I'm a government employee. I got a 6% raise a week ago lol

[@fredswartley9778]

How do you only spend $30 to $40 a week on food and still eat healthy? I spent about $150 per month on food cause I eat organic.

[@riverdaletales8457]

If you buy food for yourself you should be able to just use 150$ every two weeks .

[@kammy7863]

You must love the winter 😂

[@v.93]

I think the expression is: close mouths don’t get fed hehe

[@stevicityvlogs]

One important note to add: you talked about value and depreciation then used gold jewellery as an example. So versus a car, the jewellery is surely a better thing to buy? Not always true. You have to consider personal value. Do you really want that jewellery? Will it make you happier? Will you still like it in a years time? A nice car, as a hobby, could be worth more in personal value. So think about if you'll still be glad you bought something in a years time.

[@jimmyking92]

The simple thing to do is to pay yourself first, transfer an amount of money to another savings account immediately. Then manage the rest, if by the next payment there is money left transfer that money too.

[@karimadam4441]

hey ! I've been following you for just about a year now (totally randomly), and I've been wanting to ask you this, how much passive income do you currently generate on a monthly basis, and how long/how much did it take you to get to that amount ? how much time would it take in 2019 to get to that level ?

[@he1882]

Jack Meoff

[@linhguyy]

What kind of watch is that?

[@PhilipandSatoshiLive]

Today I get paid perfect 👌🏼

[@Dsok0314]

My NSX doesn’t rot (all aluminum ) and it holds value

[@fitfacade]

Hey nate great video. What is your opinion on forex. A lot of my friends talk about how forex made them money so quickly

[@joelmiller2601]

cali_99 I too would like to know.

[@Gmanisable]

Nate what do you think about the rumours about the index fund bubble? I have been planning to invest through Vanguard but this made me confused a little bit :/ Brilliant video as always! :)

[@NateOBrien]

There is a valid argument. Maybe I will discuss in the future

[@Gmanisable]

Thank you! :)