How to Achieve Financial Independance!

How to Achieve Financial Independance! - What Keeps You Poor!!!

Рет қаралды 1,718

Күн бұрын

Пікірлер: 88

@cyrillec4999 3 ай бұрын

This is why this channel is still unmatched and was/is one of the best watch channels out there! Where else would one hear this kind of message? Glad that you came back, Sir J. Anthony! Salute 🫡

@JANTHONYCHANNEL 3 ай бұрын

Very kind of you! Thank you for the warm welcome back and support!!!

@alirezaazimipour3637 3 ай бұрын

You are a man with lots of integrity. One doesn't need to be a Financial Advisory or have an MBA to recommend the things you have stated.

@JANTHONYCHANNEL 3 ай бұрын

@@alirezaazimipour3637 appreciate the kind words and support!

@jdwxflyer 2 ай бұрын

A worthwhile rant. I hope people listen, fight the FOMO, and achieve spiritual contentment.

@paulgoddard9383 3 ай бұрын

Thanks for the very down to earth, facts of life video, which I think many need to hear. I think over here in the UK most people live on credit, spend or over spend their monthly income, and sometimes that can be a very high income, but they get used to living like that, and it becomes a lifestyle thing. Great to see you with another video, keep em coming 👍

@JANTHONYCHANNEL 3 ай бұрын

Really appreciate that!!! Yeah, it seems the way most are living these days. I don't know how they ever hope to retire or to live a life free from debt. Sad...

@thestig007 3 ай бұрын

Your experience mirrors my own. I helped my Dad in his HVAC business since I was a literal child, and then started work washing dishes at like 16 or 17. Never stopped working. I'm 36 and finally feeling financially stable and comfortable with some expendable income. I also met a couple of millionaires in my life and like you said, they all looked like just normal people without any flashy stuff. The people who flash all of these luxury goods are either broke or are worth multi millions. Spending money on luxury goods is the worst financial decision you could make. The only time you buy them is if you can feel zero pain if it got stolen or lost tomorrow. If you can't go out and buy it again tomorrow, don't buy it, because you don't NEED it.

@JANTHONYCHANNEL 3 ай бұрын

Yes! We are the same age so gather we have seen a similar journey. Thanks for taking the time to watch and comment!

@jgl7240 2 ай бұрын

Alleluia! It is quite simple. We’ll said. I think social media is the biggest problem in our days.

@danbel34 2 ай бұрын

Right on man, this needs to be said more often.

@chrismoore8107 3 ай бұрын

Glad you’re putting content on KZbin again.

@JANTHONYCHANNEL 3 ай бұрын

Thank you for sticking with me!

@michaelkennedy4444 3 ай бұрын

Well said , we live in a collector society ; watches , fragrances , sneakers , jewelry , in my wife’s case , purses . Thank god there’s some sobriety on my half of the household.

@JANTHONYCHANNEL 3 ай бұрын

hahah, well said. Yeah, I fortunately don't have a wife with a purse addiction, but I know LV and Hermes fans can do some real damage...

@telegraphkid 3 ай бұрын

Yup this is the channel I remember, grounded discussions with a level of controlled indulgence from time to time :)

@JANTHONYCHANNEL 3 ай бұрын

Thank you 🙏, open to any content ideas you have.

@iBeTonyy 3 ай бұрын

Looking forward to this one. Welcome back!

@JANTHONYCHANNEL 3 ай бұрын

@@iBeTonyy Hope you like it!

@Marcelotime 3 ай бұрын

Hi 👋 let me know when you come visit the Japan I have a restaurant in Meguro I am close to the river (name of my restaurant is Marcelo’s 👍(Two stations from Shibuya)

@blasien1 3 ай бұрын

Solid advice. A few years ago I had the watch fever, bought a few high end watches (cash), had my eye on a Patek next. Something told me to slow down, even though I could afford it. Now, with a major career change, I wouldn't even have a setting to wear a Patek anymore (can't really justify a Patek out fishing on the river lol). I'm quite happy with my two expensive watches, and a collection of inexpensive ones i enjoy as well. Point being, your own priorities and situation changes over time. Buying luxury items in a fever (even if you can afford it) may end up feeling like a silly decision down the line. Take your time. There will always be luxury items to buy later on if you still want to.

@iBeTonyy 3 ай бұрын

@@JANTHONYCHANNEL Great video and it hit home. Similar start to your story and hoping it concludes in a very similar way to yours with financial security/freedom. Been working since I was 8 and had a good work ethic instilled in me. Graduated recently within a pretty bad job market but did what we had to do... Similarly friends around my age fresh out of college, I already see making bad financial decisions. I've save the luxury watch purchase once I hit my financial goal this year, maybe even roll it over to purchasing it next year to mark the achievement. BTW how do you like the Eames chair?

@JANTHONYCHANNEL 3 ай бұрын

@@iBeTonyy Sounds like you already have it figured out, that's great to hear! You'll be grateful later on when they are struggling, and you can sleep well at night knowing that you can handle whatever comes your way. As for the Eames Chair...good eye. I'm originally from Michigan where that chair and a lot of the mid-century movement originated so I love everything MCM. The chair is great other than I'm a bit too tall for it haha.

@GShockWatchFan. 3 ай бұрын

Nice to see you again. Remember you from years back.

@JANTHONYCHANNEL 3 ай бұрын

That's awesome, really appreciate the support!

@hansmayer7587 3 ай бұрын

I am glad you are back. Last time I saw a video on this channel I was at the beginning of watch collecting and all I wanted to see were ideas for my next buy. Now, several years later I went through almost all tiers and enjoy much more these topics about the psychological aspects of watch collecting.

@JANTHONYCHANNEL 3 ай бұрын

Thanks for sticking around, really appreciate your making the time to watch the video and for sharing your journey and support.

@PhilipWing 3 ай бұрын

Really, really good to have you back! People would do well to listen to you here. As you say, it's not rocket science! Live within your means, the feeling of security is the ultimate form of satisfaction!

@JANTHONYCHANNEL 3 ай бұрын

Thank you 🙏. Yeah, a feeling of security is priceless. I wouldn’t trade it for any trinket.

@eyeheartsushi2212 3 ай бұрын

Great video. I didn’t know a person could have their vehicle “voluntarily repossessed.”

@JANTHONYCHANNEL 3 ай бұрын

Honestly, I didn't either until recently... scary world. Thank you taking the time to watch and comment.

@eyeheartsushi2212 3 ай бұрын

@@JANTHONYCHANNEL You’re welcome. Scary world, indeed.

@sebsebseb1905 3 ай бұрын

Just remember one thing: if you don't enhjoy enything in life because you save your money or if you work all the time to have more money to spend you are a slave to the money, balance.

@JANTHONYCHANNEL 3 ай бұрын

Totally fair! Fortunately, at least in my experience, some of the best things in life are actually free. I know not all feel that way. Appreciate your watching and sharing your thoughts.

@SuperPeleke 3 ай бұрын

Great to see you back J Anthony. Dishing out what I call "Dad advice" on the old KZbin again. Love it. Keep it up. And hope you keep ranting on stuff for weeks and years to come!

@JANTHONYCHANNEL 3 ай бұрын

lol, really appreciate that! I’ll see what I can do. Thanks for the words of encouragement and for watching!

@roepetoepa 3 ай бұрын

Real talk! thanks for doing this dude, lot's of people need to hear this

@JANTHONYCHANNEL 3 ай бұрын

Thanks for the support and for taking the time to watch the video.

@GustapoGomez 3 ай бұрын

This is why this channel is the best. Anthony is a real one. Other KZbinrs take note.

@JANTHONYCHANNEL 3 ай бұрын

Very kind of you! Thank you for the support!!!

@thestig007 3 ай бұрын

Glad you are back, because of videos like this. No nonsense and helpful advice. One thing I'd warn young people about is credit card debt. Credit cards are fantastic if you know how to use them. You can get points back for purchases, and that to me is the main benefit. I've never paid a dollar to credit card interest, but have gained thousands in cash back points. You just have to know how to use them. It's not an account to use as a loan, because the interest rates are INSANE! Never ever carry a balance on a credit card if you can help it.

@JANTHONYCHANNEL 3 ай бұрын

Totally agree with you, same! I love the cash back and rewards but treat my card as cash and pay it off every month. Sound advice

@TheSkatereel 3 ай бұрын

Having the financial peace and security to buy a Rolex is what makes it so much better and enjoyable to be the owner of one. People that are not there yet should buy a Hamilton or Seiko and enjoy that while they build a financial foundation

@JANTHONYCHANNEL 3 ай бұрын

Well said, it's hard to enjoy something when it's costing you peace of mind elsewhere.

@TriforceRich 3 ай бұрын

It's all about balance. Don't be the cheap guy who takes millions of unspent money to the grave, unless you truly get 0 enjoyment out of experiences/material goods, and also don't be the guy who needs to constantly spend, especially beyond their means. I'm more of the mentality of don't be an idiot with your money. Go on vacations but there is no need to spend 1000s of dollars a night on a hotel or constantly buy material goods... My watches aren't investments but I do see them as stores of cash. Personally, I think the dumbest way to burn money is first class flights and unnecessarily expensive hotels. Even a dumb purse has some sort of value but these "experiences" are literally lighting money on fire. I like a nice hotel but I don't need a $2,000 a night villa and my butt can be a bit sore roundtrip, instead of spending a Rolex on a bit of comfort.

@eyeheartsushi2212 3 ай бұрын

Thank you for bringing some perspective about “experiences”, as people can easily overspend on them.

@JANTHONYCHANNEL 3 ай бұрын

Totally fair! Agree that you can't purely live to work and survive. I've made do without a lot of things that others wouldn't want to. Balance is a great way to sum it up. Totally hear you on first class tickets, the difference between premium economy and first class on my last flight to Japan was $23,000....insane.

@merc7paul 2 ай бұрын

There's always ways around to get on those expensive trips without spending too much through cc points, have your cake and eat it too. I'm keeping my hard earned cash for watches, cars, motorcycles lol

@anamisidro8453 3 ай бұрын

Well I guess I’m a minimalist 😂 my watch collection is in danger. Your rant is very very accurate. Thank you. 🙏

@JANTHONYCHANNEL 3 ай бұрын

Thank you Ana! You always pick out cool watches that I don't often get to see!

@9er.. 3 ай бұрын

We just paid off both CC’s and both cars a few weeks ago! First thought….dump a monthly payment into the watch fund!!!!!….Second thought was don’t be an idiot…Call the financial advisor, tell him what we did and ask him now what. It felt better to make that decision versus to start saving for another watch on top of the one I’m currently waiting for the call on ( got the cash for that one thank goodness). The watches are investment’s argument has kind of separated KZbin into separate camps and created Soooooo much drama as I’m sure you’ve seen. Once that money is spent…it’s gone in my opinion.

@JANTHONYCHANNEL 3 ай бұрын

Good for you! Congrats on that milestone and moving towards financial freedom. I’m with you, once it’s spent I don’t have expectations of seeing it again. Sounds like you’ve had some life experience.

@swampThaang 3 ай бұрын

Buying watches is only a symptom of a much larger social issue. It may have started as a lack of financial education but now it’s just values that are out of whack. What happens when this generation reaches retirement and can no longer work? Another bailout?

@JANTHONYCHANNEL 3 ай бұрын

Agreed, entitlement and expecting something from nothing or to be forgiven to making poor decisions won’t end well.

@Spiff1887 3 ай бұрын

I would take the "pay cash" thing one step further (with the exception of cars): You can only afford to buy something if you can also afford to replace it if you had to the very next day. May be a bit extreme, but you'll never struggle to pay for something you need because of something you wanted.

@JANTHONYCHANNEL 3 ай бұрын

Honestly i agree with you, gather to your point that would be a stretch for most.

@michaelriera6277 3 ай бұрын

Great advice

@JANTHONYCHANNEL 3 ай бұрын

Thank you!

@MrJffranco5777 3 ай бұрын

Very sound and valuable advice. It's amazing how basic it is....but elusive to so many.

@JANTHONYCHANNEL 3 ай бұрын

Thanks for watching and for the support!!!

@jaysikes4256 3 ай бұрын

Let me get my $8 coffee drink first so I can enjoy the video and learn.

@eyeheartsushi2212 3 ай бұрын

😂😂😂

@JANTHONYCHANNEL 3 ай бұрын

I've never had an $8 dollar coffee in my life hahah

@jimt7292 3 ай бұрын

Amen, Anthony!

@JANTHONYCHANNEL 3 ай бұрын

🙏

@Poker_Fr3ak 2 ай бұрын

bravo

@ARCHIELUXURY 3 ай бұрын

Great video, we are covering the leak of the Patek CUBITUS line up tonight on our livestream. Would love for you to join us tonight and discuss! Cheers

@JANTHONYCHANNEL 3 ай бұрын

Thanks for the invite, I’d love that. If I make it home in time I’ll try to jump on.

@ARCHIELUXURY 3 ай бұрын

@@JANTHONYCHANNEL thank you again for joining us last night. Please let us know if we can send our audience your way when you are doing a live stream. Patel (my channel manager) has reached out to you on IG to coordinate any help we can provide to your channel as you relaunch.

@JANTHONYCHANNEL 3 ай бұрын

@@ARCHIELUXURY Thank you sir, I really enjoyed it. Work is a bit crazy at the moment, but I'll gladly jump on any time I get home in time to join. Appreciate the warm welcome and support!