How To Live Frugally and Achieve Financial Independence

[@austynnegrete9113]

I see these millionaires saying they save money by eating eggs at home, when they can just buy a chicken for unlimited eggs. I call this egg hacking

[@jacketbox4573]

Not sure if you live on a farm but raising chickens is not that simple you cant just keep them in the closet and get unlimited eggs

[@wolfbirdhomestead600]

I raise chickens but the obvious argument is: The time that is being spent feeding/harvesting/housing/breeding chickens, for their daily omelette, could take away from whatever is allowing them to become a millionaire. Rich people value time over money.

[@bsarioz]

@@wolfbirdhomestead600 We all value time, but our time is worth less than Graham. You're definitely right about the opportunity cost of raising hens.

[@giordanopioli1922]

Nailed it! Ahaha

[@stephaniesaturne8016]

🤣😂

[@braunfan4]

As a tech college student, working at my part time job that I have had since my sophomore year of high school has exposed me to the horrors of being a work slave like you described. There I am surrounded by people who are stuck and have no intention of improving themselves financially. Many coworkers smoke and it breaks my heart knowing how much of a burden it is financially and physically and how difficult it is to quit. One coworker works 1-9 shifts exclusively, goes home to watch TV, sleeps in until 11, rinse and repeat. And he is completely content with that. My coworkers for the most part are very nice people, but I use them as examples in the back of my mind when I need the motivation to keep working at finding a job in the real career I want. I discovered the concept of being financially free only a year or two ago, and it has changed my perspective on life completely. I will escape the rat race and live my life.

[@GrahamStephan]

🙌🏼

[@malihamubasher565]

same 100%

[@pawsnotclaws2772]

ajmataj how can people be okay with that I would go insane

[@dmitry.clarke]

I love comparing myself to people. It’s a bad habit, but thinking about being financially free makes me know that I will be better than them in the future and I will be wealthy and not work a 9-5

[@ashleypugh9032]

There's a ton of people that want that simple life and want nothing more

[@mrcarterfx885]

Problem is 99% of people don’t think like you until they are in their 50’s 😂

[@sheronmechelle8672]

Sooooo true... I got the memo late!

[@damemethief]

I'm 21 right now and I recently got into dividend stocks. I hope to be financially independent by 40.

[@phurbajan353]

I started to learn this at age 23

[@shabbyshabster7937]

@Jorel Boston I'm right with you there. Grew up super poor and had to learn this stuff on my own. I'm much happier now and getting better every day.

[@jesusbalderas329]

Mr Chris Carter FX Very true. Loving life to the fullest with FRUGALITY is Awesome. Living life in debt is questionable.

[@Dblackmon1993]

This guy has changed my life since I started listening to him I have a CD, ROTH IRA, INDEX FUNDS AND I HAVE SO MUCH PASSIVE INCOME COMING IN NOW...ITS CRAZY

[@paddywall8531]

Dividends?

[@Mistyfgdf]

Same here.. Im extremely more ahead in financial knowledge than my fellow 17 year old peers Even uploaded my first youtube video, imma document my journey for the next decade Ready than ever to join the market, Like him i didnt know about Financial Independence, but i been frugal my entire life, without a job (Sadly) but i got a couple thousand dollars in my name, thats a couple thousand dollars more than the people in my age group who just buys $200 shoes, eat out and buy clothing Just a few months till 18...

[@boopy123]

@@Mistyfgdf good for you man, I'm rooting for you

[@Mistyfgdf]

@@boopy123 thanks for the support My life has changed so much in 4 months Just rambling I just got my first 1k subs and monetization Also my networth ain’t a couple thousand, I turned that few thousand into 26k as of yesterday A quarter of 6 figures at 18!

[@omotayosatuyi252]

What’s a cd

[@pearlsachiko2667]

I’ve been watching A LOT of Graham’s videos and now he’s in my head whenever I buy anything (groceries, coffee, shopping) and I’ve been holding off from “splurging” on anything if I can find a cheaper alternative. Yesterday, I was chuffed to find a head of cabbage for 72 cents instead of the usual $2.00 and was like.. GRAHAM WOULD BE PROUD OF ME.

[@LiveFirstill]

Hi F

[@freedominabudget]

My husband and I save about 50% of our income, super proud of that but want to get it to 75%, both by cutting expenses as well as increasing our income.

[@GrahamStephan]

That's awesome!!

[@TaraWagner]

Kudos! That’s boss, lady!

[@niz2188]

Y'all cheap eat out the trash

[@marketbeans]

👏👏👏

[@darkprince3007]

My rent is more than 50% of my income XD

[@athiaj1199]

Me and my husband live in japan- we bought a old house in a good condition and pay a monthly mortgage of about $250 a month- our yearly income will be about 70k a year. We started a little late- both are in our 30s but hopefully we reach there someday. You’re such an inspiration, Graham! Thank you!

[@itspoknok]

I feel like you’re the only KZbinr that can convince me almost every time to like the video by saying “smash that like button”. Something about the way you say it is funny and sells me every time. Great video, thanks for the content my friend

[@GrahamStephan]

Thanks!! :)

[@OfficerK-D6-37]

@@GrahamStephan IMO it works best at the end of the video when I actually feel that I've gotten some value from it. Kind of like a nudge for the reciprocity principle to work :D

[@tinternabbess]

It may sound counterintuitive, but frugality actually becomes an enjoyable challenge. And when you have significant assets/savings, it becomes easier to do without because you know that TECHNICALLY you don't have to. Instead of spending on nonsense, invest and the money literally goes to work for you. Nothing better than passive income.

[@117swordsmen]

Thats called peace of mind! Glad it sounds like youve been having success

[@melssf7852]

I agree!!! The more money that comes into my space the more enjoyable I love buying second hand clothes and driving my old car and enjoying cappachinos on the weekends keeping my head down is actually a pleasure for me I'm happy

[@marshill5362]

I come back to this every so often when I’m tempted to be irresponsible with my finances.

[@senseiadam-brawlstars9465]

I thought I was the only one who’s rewatched this a lot

[@JonniBoiz]

@@senseiadam-brawlstars9465 you guys aren't alone lol

[@judithgutierrez7538]

WWSGD

[@Cloud420-bx2kw]

Omg, me🤣

[@dallastuggle8901]

he responded to a comment from like a 10-month-old video in like 3 minutes. As such, liked, commented, and subscribed.

[@GrahamStephan]

ah thank you! i read all of them!

[@ParadoxycOnline]

Graham Stephan thanks for the honest advice dude

[@TruFinancials]

Living Frugal doesn't mean you have to be cheap. Great topic, Graham

[@GrahamStephan]

THANKS!

[@lawrencequick7218]

+Graham Stephan You have helped me out soo much already. I recently bought a duplex at 20% down and living in one side. While renting the other. With my housing expenses being zero I feel very comfortable.

[@GrahamStephan]

Congrats!! That’s the way to do it. Best decision ever.

[@osse1n]

@@GrahamStephan Graham, I got depressed flashbacks from your story about dead beats in cubicals. Remember the feeling. Good talk, freedom > status and money while hating your life.

[@AnthonyLBalsano]

A real frugal liver would rent out both sides, and pay rent at an apartment cheaper than what you are charging. Save even more until you can afford another down payment on a ANOTHER property. Rinse and Repeat until you are chilling

[@glsfadi]

Wait, so you buy 1 side of a duplex or triplex or whatever and rent out the rest, and that covers your initial payment? How does that work?

[@MikeyCasasola]

XR collateroL he’s saying if I understand, that he bought a duplex (house for two families) he lives on one side and the tenants rent out the other side. I don’t really understand how he has no expenses

[@vince9080h]

Dividend investing is most effective when approached with a long-term perspective. While dividends can provide immediate income, the true power lies in the compounding effect over many years. I'm still looking for companies to make additions to my $350K portfolio, to boost performance. Here for ideas

[@TicheDebb0]

I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions;.

[@henryallard245]

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat>, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K

[@AshleySommerset808]

an impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now'

[@henryallard245]

Sonya Lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find every necessary details to work with a correspondence to set up an appointment..

[@AshleySommerset808]

Thank you for the lead. I searched her up, and I have sent her a message. I hope she gets back to me soon/

[@Atmviola]

Glad I found this video- I’m 21, and I recently had my “aha” moment... it dawned on me that I’m graduating college this year and have to figure out this whole “money thing”

[@GrahamStephan]

🙌🏼

[@JasonPizzinoOfficial]

I love how this was a subtle F-You to the tools that laughed at retiring at 30 years old.

[@rinihaque2946]

I saved 70% of my income and I quit my job at 35 😍

[@GrahamStephan]

Nice!!

[@rasmus4815]

Then became poor because you didn't have any income or cash flow.

[@TheRealTaco]

@@rasmus4815 compound interest/ dividens

[@sarah3796]

😲✨🌿😍🥰

[@DonnieDouglas]

@@TheRealTaco @ToadHD GT Mr Free at 33 has an exact portfolio breakdown of this for free on his website. Also Joseph Carlson, I believe, shows his on KZbin and also KZbinr Andrei Jikh. Plenty of data to show how it's done. Somewhat different consumption styles, but same end goal from my observations. Key is to match your contentment and standard of living. See what you really are realistically content with. Figure out how much it takes to automate that in dividends. Copy one of the portfolios from the guys mentioned if you want. Set up a free account on M1 Finance or wait for Robinhood fractional shares and set it to DRIP. Saves you some effort and confusion in the start-up process and you'll learn as you go. Time and consistency is your friend when it comes to investing. Really have to nail down how much you need per year/month/etc. otherwise it's a never-ending cycle. Shout out to @Graham Stephan and fellow KZbinrs that are transparent about the investments and showcase their struggles and lessons learned along the way. Good stuff. :)

[@TheLifeFormulaa]

Great stuff. Love how you put all the info in the description for those who might not have the time to sit through the video

[@michaelserdaris3507]

I think its the script for the video but okay.

[@valerieewing4023]

Honestly, I'm trying to upgrade my wardrobe to "rich looking" high quality clothing that is timeless and will last practically forever. I want to be able to wear the same thing 20 years from now as I'm wearing today. This was a fantastic video!

[@notlikeyouraverage]

My dad has polo's from the 70's. They are really great quality! Also, I work with someone who makes six figures and still drives the same car from college. Meeting him taught me a great deal about focusing only on what you think and being smart about money. I love this video!

[@ElegantSpectre]

You're the man Graham! I'm 28 and om track to be completely debt free before the end of the year! Then the real building begins 😊 Thanks for all you do!

[@freezee1519]

Hopefully you already achieved it, or you are on the right way to do it :')! Good luck!

[@jacobday3826]

You're doing awesome Robert, keep it up mate!

[@johnvilmore261]

Robert Weeks I wish you the best. I’m 14 at the moment and I hope I can do the same

[@donquixoterosinante7899]

Awesome

[@RoganClipVaultYT]

@@johnvilmore261 I'd hope to not get into debt in the beginning if I was you

[@finalbox4416]

#1 Tip is to grow your own avocados.

[@GrahamStephan]

😉

[@brendanpospischil3871]

Then sell them

[@TheAwesonymous]

I have an avocado tree. Now 6 inches after 10 months :/

[@brendanpospischil3871]

@@Nick.964 You make money instead, and let everyone else get ripped off.

[@Namedeeznuts]

7 whole years for an avocado to fruit

[@davidwholly5209]

I wish I had Graham's financial sense when I was in my 20's. I just turned 49, and have only recently began taking this stuff seriously. Mostly because I just couldn't wrap my head around the subject of investing, stocks, bonds, real estate, etc. I just (finally) reached a point in my life where I was sick of not being able to understand it, and have been going out of my way to do so. Graham's videos have helped, along with a couple of other KZbinrs. I don't want to punch a time clock forever. I don't want to fill out another application, or sit in the "employee break room" ever again.

[@rotocoach5397]

Anyone else come back to this video once in awhile for inspiration?

[@stinkyphantom7437]

I believe you when you say owning clothes for years 😅 I use to buy super big baggy clothes in middle school that lasted me from when I was 12 and now I’m 22... they don’t fit baggy anymore they fit perfect and still look new

[@TidusTrading]

There are two ways to get financial independence: live frugally/save or find a way to make more money! I prefer a combination of both within reason, personally!

[@GrahamStephan]

🙌🏼

[@JJOHNESE0804]

👍

[@MegaKiri11]

Nope, there is only one way: to use both!

[@kape2377]

I wish I had known or thought of this when I was in my twenties. I am way older now, but it is never too late to start living more frugally, and I Do have plenty of time left to retirement.

[@Caspertraderofficial]

The rules Graham talked about in his video (in a nutshell) 1.) Saving 2.) Cutting back expenses 3.) Avoid high interest debt 4.) Investing Make sure to watch Graham's whole video because he goes much more in depth into these topics. He also elaborates on them in his description. 👍 You're Welcome 😀

[@epiclifetravels1673]

Thanks for the quick tips

[@GrahamStephan]

Everything in the description, too :)

[@IGamingStation]

Common sense rules that seem to fly over most people's heads.

[@mujjuman]

Where can I get a commen sence

[@donquixoterosinante7899]

Yupp

[@yetundeadeyemi2436]

This guy is so smart, he places the ad's in places where you want to really hear his tips.

[@unclesam77]

Yk why I love him so much ,it's because he not charging us for this amazing info all he asks is for that like button to be smashed and it warms my heart

[@gm836]

I’m so happy I’m acquiring this mentality at this age. So glad I watched this video. Thank you for the advice Graham.

[@TiAaKitKat]

absolutely loved this, thank you for the reminder that material things aren't really important and instead your future is. your content is amazing!

[@b.sharp.]

And I thought I was crazy for planning on retiring at the age of 40!

[@TkBallerSweetboy]

Mr. Sharp Im aiming for 30

[@skepticmoderate5790]

Everyone at my University calls me crazy for planning to retire at 40. It's so sad this 9-5 mindset that everyone has.

[@alexadnan1032]

Me at 45, we are all on the same boat bro

[@Coachiskandarzai]

Aiming for 35. Just started this year at 25. Let's go get it!

[@brucerowe2895]

@@skepticmoderate5790 Where I work trying to convince the new people to meet the match for their 401 plan of 5% of their pay, the comment is always I can't afford it. I want to beat them in the head, just have to walk off. Trying to convince them that if they put more money into their 401 plan they would make more money than are getting paid, at work. Not an easy sell.

[@PAPERCHASERCH47]

I cant even front. I'm from a small town in Alabama and honestly we have never been taught in our school systems about investing. Of course I graduated in 1997! Yep I'm about to be 41 years old and I'm just now about to start living like this. It's never too late. So happy I came across your channel. If I could do life all over again I would definitely take this advice

[@atul9380]

You can pass this info on to your kids or any young people you know

[@onedirectionwriter]

I feel you! I think just like you! My siblings used to laugh at me for never going out. In their eyes its having no social life. But one day my brother was like; you know what you saved hundreds of euros not going out. And then it was my turn to laugh at him.

[@akira_mir60]

🤣 I wish I have Graham Stephan in my circle of friends. Whenever I tell my friends about money, investing, and health, they look at me as if I'm crazy. Now I'm in the process on studying Real estate and trying to transition out 9 - 5 job.

[@blessedhay]

Can I be your pen friend?

[@Junnie94112]

You need new friends

[@monikapul]

I don’t care about food either! I can eat the same breakfast or lunch for months! Good to know there are people like me out there! :)

[@JH-qy7zw]

Everyone thinks I am crazy when I say I don't care about food....

[@violetreichert6470]

My problem is most cheap and ready foods are terrible for you, and might seem like you’re saving money, but your hospital bills will catch up to you.

[@monikapul]

Violet Reichert I do batch cooking on Sunday so I have lunch for the whole week. And making breakfast has become such a habit I can do it with my eyes closed ;)

[@donquixoterosinante7899]

Heyyy good to see you

[@TheZurgi]

@@violetreichert6470 uhh I know this is a year old, but trying to help people , beans , rice , bread, vegetables are pretty cheap

[@jayovani6268]

I’m 18 and I just got a promotion at my job and now I’m gonna start saving I’m starting off with 470 dollars and by this time next year I will have triple that mark my words

[@rubenreut5663]

Good luck

[@Suv6nto]

How you holding up?

[@npweeazel]

He failed a urine test

[@TANQ31]

Its been a year. Where you at little brother?

[@DebtToDollars]

My personal strategy: 1. pay off debts 2. start an emergency fund 3. start your business (or monetize your hobby) 4. start an individual retirement account (IRA) 5. start your life (quit your 9-5)

[@Burn3r10]

I do love how honest you are and recognize the opportunities you had. Also, the advice is pretty solid and looking forward to implementing new things financially.

[@adrian814c]

Will you ever go back to making these kind of videos Graham? These videos were pure gold.

[@cholo_instinx6423]

I'm 21, at 20 I bought my second car. I paid a total of $3300 for the 2 cars I own today. Glad I grew up a car guy because it sure does help knowing what you're looking at buying

[@jtmc1915]

Dame, this frugal rich guy is fuxking smart! I wish I knew all about these earlier, it gonna keep me away from my two personal loans and 30k+ credit card debt!

[@katelynrenesse4798]

One of the lessons I picked early in life was to save maximum before marriage. And by God it was one of the best one. I used to save two thirds of salary at that time. I invested the same in a diversified MF. My patience was tested in year 2017, when my portfolio was down 30%, but still I continued investing. After foreshortening, I used to save on an average 90% of my salary (crazy right!), but my first big break came in 2019 in stocks, with the help of a full service broker , I had accumulated enough money to retire! I booked profits and reinvested according to change in objectives I am living a happy and satisfied life! Thanks for the content. Keep them coming!

[@katelynrenesse4798]

@@stanleyfujiwara1394 well said.

[@jakehart9346]

do you by any chance do referrals on your broker?

[@katelynrenesse4798]

@@jakehart9346 Certainly I do but I can’t just leave info here, just google her yourself, her full name is Nancy Jane Gluck, she's quite known so she has a website and everything which you can reach her from there

[@kerry3710]

I no longer feel guilty about sneaking my own home made popcorn into the movies. Lol.

[@senseiadam-brawlstars9465]

Here is a much better trick: get people’s used popcorn bags from the trash (the one you can get a refill,) rip it a little bit, then ask the concession place for a refill & a new bag because you ripped yours...

[@Wealth_Wisdom_Discernment]

Sensei Adam - Brawl Stars so you’re a thief. You must be proud.

[@Nola2212]

Or really frugal… never go to the movies lol

[@thetaboyswag2307]

@@Nola2212 stream the movie online illegally for free, to save the most money🤣

[@judithgutierrez7538]

@@thetaboyswag2307 😆

[@racpatrice]

I lol'ed because I have a data entry job and I felt dead inside for a long time while at work...I'm at work now watching this 🤣🤣🤣. Thank God I'm leaving at the end of this month 💃

[@talkplayonly2014]

watching this the 2nd time this year, always a good enforcement on the knowledge and remind myself of it. Thanks for making this video!

[@katiej7403]

I listen to him while doing yoga.

[@stevanojv6421]

Wtf

[@delletran]

Lovely

[@edwinvijsma3212]

You must be very flexible by now...

[@ramsankar6388]

One is supposed to concentrate one self movements while doing yoga.

[@xMiglionico]

I bet he’d love to hear that

[@yuujfi471]

I've watched this video at least 3 times in the last 2 years. Always a good refresher.

[@crazzygirl1997]

graham is the OG and I can watch his videos all day! he tells you things in ways that are easily understood while also being real and its great! he has become one of my favorite people to watch.

[@MichaelDillin]

"the rich stay Rich because they live like they're poor, and the poor stay poor because they live like they are rich" Quite a philosopher can I use that? 😁👍

[@PAPERCHASERCH47]

Very true

[@LumenArty]

It's not original, pretty common saying.

[@msintelligence3329]

I am now relieved, my debts of $75k loan and in credit cards have been cleared by Superlative Internet Guru they’re the best credit repair recommendation of all time and they help clear debts too...

[@sashutka100]

Not always true tho

[@PokePresto]

Wouldnt say that saying is true at all as somone who is quite wealthy. Atleast where im from the poor stay poor because they have to live paycheck to paychek and so cant invest most if any of their money where as i and otheres in a wealthy position can invest 80-90% of our income and so grow richer and richer and thats why the rich stay rich and the poor stay poor not because the poor live like they are rich because they most likely dont they live in a sad depressive world where most of what you make goes to paying bills and buying food and any sane person has to allow some amaount of their money to be spent on fun things.

[@tomyshaw977]

I was saving more than 70% of my income per year, and I have achieve financial freedom in 6 and half years, the formula works, thanks for sharing.

[@daytengomes8493]

How the hell do you have a lotus in your username hahaha thats the first I've seen anything like that

[@DusKed]

What did you invest in?

[@MyLifeThai371]

I was saving 80% of my takehome paycheck. Secret: I saved up and paid cash for my house. The landlords in my area fluctuate your rent 3x up or down each year, based on how our local economy is doing.

[@ninjanerdstudent6937]

Seriously, now, I love this topic.

[@saneauto]

One of my favorite Graham S videos

[@mikegonzalez8398]

I used to live this lifestyle. By 21 I bought my second house(first was an investment property and the second one was house hacking) , unfortunately after a divorce I was forced to share what I worked for with someone who didn't share my life goals or care for them. I'm slowly working on getting back at it but after a small mid life crisis(i'm only 25 lol) and divorce costs it's an uphill battle. Moral of the story, this is AMAZING AND EFFECTIVE ADVICE and remember to focus on YOURSELF first then worry about those you love. Stay safe out their and be sure to stay positive and happy 😁

[@bubsandteeks]

Save, save, and save! Honestly, every dollar counts, so don;t take any for granted! Great video, Graham.

[@GrahamStephan]

THANK YOU!

[@freedominabudget]

YES!! So true!

[@DeanLargaespada]

Always dropping value like crazy! Thank you Graham!

[@GrahamStephan]

Thanks for watching!

[@AllTheArtsy]

I started being serious about investing at 26 (wish it was earlier, but here I am), and according to my math, I can retire very very comfortably by 40. I don't think about having a partner or children, so my investment had to be higher because I anticipate being truly independent in my later years and have to shore up money for long term care. Not as groundbreaking as retiring by 30, but better than most and I'm very happy. My mother retired at 60 with only a fraction of what I will have invested by the time I'm only 35.

[@daejonmoody3304]

I just opened my Roth IRA and I already have $250 saved for retirement and I gotta say it feels good! I also have a 6 month emergency fund and I’m living in Cali making less than 20k a year thanks Graham for all the teachings Also dave Ramsey too

[@joeyfletcher5658]

this video is so relatable! I always found my self not going out or buying frivolous things and instead saving my money because living life with out money getting in the way is much more enjoyable than that $12 mix drink on saterday night.

[@GrahamStephan]

🙌🏼

[@InvestingHustler]

Rice and beans beans and rice 🍛 Plus $5 footlongs 👌

[@GrahamStephan]

;)

[@MyDirt01]

Add cornmeal and bean, oatmeal for breakfast and spaghetti(use tomato paste not prego sauce) for variety

[@keithwisdom1663]

@@MyDirt01 are you serious? what about adding vegetables. cheap and required to maintain health

[@EmpoweringCoach]

@@MyDirt01 that is so unhealthy that's diabetes or a heart attack

[@skillfuldabest]

Di Anna saturated fat is the main cause of type 2 diabetes.

[@LittleMopeHead]

12:21 I love this part about clothes when you mentioned H&M and Zara. My go-to as well lol.

[@GrahamStephan]

Awesome!!

[@ubaok24]

You find great clothing at old navy, target and as he mentioned, outlet stores

[@InvestingBookSummaries]

Ballin' on a budget over here

[@GrahamStephan]

;)

[@greenkey5249]

Wayy better than fake it till u make it 😭

[@JLizzle38]

You are ONE of the BEST SOULS around!!! I wish you truly knew how much your videos HAVE/ARE instilling the motivation, courage, and combating the rest of the ounce of fear left to take the ACTION!

[@jasminebora3445]

I like how Graham explains these steps. I heard other people explained the same strategies but his explanation hits home for me.

[@shreyassuresh7924]

God bless you. You’re the financial guru I always needed 🙏

[@HappyHealthyandFree]

I've really been enjoying watching your videos. I finally got to a good saving mindset not long ago. I would love a video for families. We have 2 young children. Daycare is anywhere from $1500-$2000/month 😱

[@TheFlyandtheFrog]

Love that you mentioned car hacking! My mom did this with the porsche she just bought, it's already valued higher than what she paid for!

[@elizabethsalazar7676]

Thank you. You are Dave Ramsey changed my life forever

[@JJ-lm4pg]

I have seen a lot of Graham's videos on all his channels. This one is one of my favorites!

[@ninjanerdstudent6937]

I am so frugal that I live in a van with solar panels, and therefore I own a couple of houses. I am the king of frugality!

[@GrahamStephan]

🔥🔥

[@TheLifeOf_Ays]

please elaborate, I want to hear more

[@Kevinproducciones2]

And I imagine that you steal the internet of your neighbors.

[@fatherleo4603]

Make a youtube channel/vlog from your van!

[@JDMatthias]

House

[@sirenuty892]

please do a video on the traveling credit you talked about! like go into depth about how exactly to do it

[@giovannigomez884]

I am in a very late start because of life and student loans, but this gives me hope, thank you 😊

[@toplyrics457]

Just don't listen to what he said. Pay off all your debt first then save then enjoy or invest

[@TheMarioMen1]

Giovanni Gomez yes 1st step you must pay off the student loans 100% before moving on to anything else this is a MUST

[@pawsnotclaws2772]

I have a Ralph Lauren shirt I’ve had for about 10 years now and it was just given to me lol. Those shirts last forever!! I wear it all the time too

[@GrahamStephan]

nice!

[@pawsnotclaws2772]

Graham Stephan lol ikr it’s a great shirt

[@Jill_Horvath]

I’ve been watching your videos for about a year and half now. I never saw this video before, but KZbin recommended it to me. All your videos are helpful, but this video is fantastic! Thank you Graham! 🙂

[@RaRFtv]

This is the equivalent to watch Warren Buffet in the past making KZbin videos, if only they had KZbin at his time. Mr Graham, I don’t know if your method is 100% effective, but I see that you have being doing better than me, and now I will try your method hoping it goes well, thank you for your kind advice.

[@GrahamStephan]

Ah thanks!

[@AustinWestbro]

I’ll tell you to save even more on clothing and look even sharper: Step 1: get a tailor to get your measurements taken Step 2: go to thrift shop and buy something good looking on the low low Step 3: let the tailor do their thang

[@srafez9057]

especially for suits. Tailors can turn hundreds dollars looking ones into thousands dollars looking ones

[@DonnieDouglas]

@LagiNaLangAko23 Learn sewing. Useful skill, cool hobby, and if you get good enough at it, your friends will say, "Hey, lookin' sharp. Who's your tailor and what do they charge?" "I'll set you up with the friend's discount." Boom. Side hustle. :)

[@Bubbleyumizchewi17]

Great idea! Thank you!

[@hafidmohadi8811]

What's the point of buying thrift shop cloth if you gonna tailor it -_-

[@freedominabudget]

Wow! Awesome topic! Living frugal has been a game changer for hitting my financial goals!

[@GrahamStephan]

Awesome!!

[@jasminesjourney9318]

I love hearing you talk about finances. I’ve stopped listening to music and started listening to self-development videos like these. Thank you for all the information.

[@GrahamStephan]

Ah thanks!!

[@JustFrugalMe]

Great video! Being frugal isn’t being cheap, it’s been resourceful.

[@danielshaikhali5108]

This guy is an American but has the attitude of Chinese / Japanese on Savings .

[@limrosemary8536]

Daniel Shaikhali a rare gem

[@youmayaimme]

The difference is that he invest. He doesn’t save

[@Niwan8]

Oh boy have you ever seen a dutch person

[@216-i6p]

Its the eyes

[@cynthias.8950]

@@satvikvala am not in Instagram. I need your advice. How do I reach you? Facebook

[@relaxingnaturesounds9675]

Being rich is having money, but being wealthy is having time. 💰

[@BigWangLee]

I've been saving 50% of my income and my goal was always to do Graham's strategy but better due to my Architectural + Finance background. Too bad my field pays nothing.

[@tiffsastar]

How honest! As I began to learn more about money and excitedly talk about it and how to save and be frugal, I became "strange", too. I love the cc churning method you speak of and have to keep it to myself for the most part... Everyone thinks I'm odd when I get all excited and talk about it... love to find ways to cut costs on things I love

[@GrahamStephan]

Awesome!!

[@WisdomInspiredTalksWITS]

I am really impressed by this frugal young man, a rare gem. I did all this in my 20s and accumulated quite a bit, but did not learn how to invest in properties till mid 30s and did not really invest in the stock market till my mid 40s, do wish I had learnt all this earlier. No regrets though, I'm teaching my kids now. Well done Graham, I really wish more young people will learn this. Must send this videos to my kids.

[@ninjanerdstudent6937]

I don't usually thumbs up a video, but when I do it is a Graham Stephan video.

[@GrahamStephan]

Thank you man!

[@johncmoore416]

does this make you the most interesting Graham commentor in the world!?

[@gurleensingh4024]

I absolutely loved this video, thank you!

[@HonestFinance]

I think like you do, but my wife thinks I’m crazy. It’s a problem :(

[@GrahamStephan]

:/

[@tommytapper9257]

My dad had a wife like that and it took him to shit. He lives paycheck to paycheck. Make surr this doesnt happen to you

[@SHA256HASH]

I think finance is in the top three reasons marriages fail, or something like that.

[@HonestFinance]

Pros and cons in every relationship ;)

[@gumerzambrano]

Hi honest finance! Love your car negotiation videos!

[@rjs6556]

I’m going to start watching this video everyday I want financial freedom I messed up big time getting my new accord the payment is killing me but I’m going to start working two jobs because I want to get rid of car payment ASAP Thankyou for your. Videos extremely helpful and keeps me Motivated

[@mahanmademedia]

Appreciate the work you put into your videos and educating in a much more respectable way

[@mmmmmMuffinz]

"and than....THEY DIE" i gotta appreciate the dramatic tone you had there lmao

[@worldofmemes1933]

Giving out comments for the algorithms 👍

[@GrahamStephan]

THANK YOU!!

[@Luckyhorseshoez]

I wish I knew this in my 20' I'm 37 now teaching my kids to start early. We just bought a income property and paid off our house.

[@socceralvin10]

Your best video for sure. Great summary at the end.

[@fury3026]

"We are more motivated by avoiding pain than seeking pleasure." -Graham Stephen That quote hits hard, even though I'm only 14.

[@PurnamaABC]

I've been trying to generate passive income and hope to do my own business by next year but I think it's not doing well. So my next target is 30. Good for you achieving financial independence, pray for me too.

[@xlilxtrukita703]

This video was so good i watched it twice while cooking by the way love your polo 🥰

[@GrahamStephan]

Ah thanks!

[@MegaKiri11]

Graham: I live in Los Angeles, drive Lotus Elise and Tesla, and visit Canada twice a year Also Graham: Nobody has to be as extreme frugal as me!

[@DonnieDouglas]

He can do that now. He's already put in the hard work to get that cashflow to be able to afford this. He's 'paid his dues' as the saying goes.

[@Dbf1339]

He spent a far far far below average percentage of his income even now he's probably spending about 3-5% of his income

[@andrewmiller1522]

At the gym love listening to your videos. Always skilling up.

[@araaguilar4880]

inlove with your mindset! same same same same