9 Things I Stopped Buying To Make More Money 2023

[@nischa]

👉🏽 My Intentional Spending Tracker (free) - nischa.me/intentionalspendingtracker Try Shortform for free and get 20% off of your subscription: shortform.com/nischa

[@davidw_52]

Signed up for annual

[@poldiri]

Great content, but I'll apply the 48 hour rule to Shortform

[@MishkaUK]

JUst to say, I really like not just the advice you givem but how you deliver it. Great channel and totally agree with much of what you say. I saved £100k in my late 40s as a single mum of a littel boy. I wish I coudl invest it instead I need to pay my ex out of the house but hey, it still increased my wealth as house grew in equity, And I did it on under avarage salary. HOw? well, as you said yourself, being frugal, no holiday for years, watching what and how i spend. Like you, I had some circumstances favouring me, e.g. interest only mortgage during exceptional low interest rates and offset mortgage so my savings were further reducing my interest. I had lodgers in for number of years , sacerificeing my privacy an my son's but it helped immensly to get us through hard times and still manage to save. I wish i was more savy and understanding of how to use my mony better as I probably could still have done better. Even now when some big changes are upon me next year I feel lost in what the best thing to do..... So I shall keep watching for some more inspiration and ideas from you....... Good luck with your channel and all teh rest!

[@Opinionsarefree]

Oh my goodness, finally someone who agrees that wearing designer items takes money out your pocket, you’re advertising their brand and not getting paid. Like who the hell is Gucci anyway? Will Louis Vuitton mean anything to me at the end of my life? No. Thank you!

[@clt2744]

Really money savvy people do not wear logo branded apparel; not only cos it's free advertising for the brand, it's also a sign of security on their part - they do not need to broadcast their wealth status for the world to see

[@andersdottir1111]

And those brown logo bags are ugly - if they were in an op shop and no logo, I wouldn’t buy it.

[@ThePennyGurl]

My feelings exactly.

[@Nitzpitz]

Never bought designer and never will. Waist of my hard earned money

[@Nike2030]

I love wearing designer items. It makes me happy and I genuinely like the brands I buy. If you can’t afford it then of course don’t buy it.

[@nicolasbenson009]

Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.

[@lynbob1872]

I use kindle for sample books, it’s free! Good way to learn about a book.

[@chuck275]

It's also predicated on a rising market!

[@sheisomarica]

I agree 💯

[@sheisomarica]

Great video, excellent tips. I find your video truly helpful. No. 5 & 6 is so on point, however I don't agree with No. 2 cause buying in bulk saves me money, other than that great video once again. You have a new subscriber.

[@RandomSouthAfrican]

Agree with everything except the avalanche method of paying off debt (highest interest debt first). I would rather do the snowball method.

[@michaelmassaro3483]

For the books category, I think libraries are highly underutilized these days. A library card is a valuable resource giving you access to a wealth of knowledge all for free. Borrow and read a book from the library and if it really hits home with you then consider purchasing it to support the author. Then you can read it over and over, take notes in the pages and truly cherish that work for years to come. Great video!

[@oyandakona5994]

Unfortunately in my town they are vanadalizing the libraries but back then in my teens i used to borrow books form the libray using the card and I miss those days

[@BlackNight603]

I read a lot and I only buy used books

[@skaistegirtiene8782]

I also use libraries a lot and buy a book only if I see I need it to read more often

[@Guernsey576]

Agree Also a personal library has an impact on the planet through deforestation so let's keep books in circulation.

[@therealjag]

I looked at cancelling my audible and then they gave me 3 months half price.

[@jonorazzi]

1. Trending Products 2. Bulk Purchases 3. Transportation 4. Home Decor 5. Overpriced Branded Clothing 6. The 48-Hour Rule (Impulse Purchases) 7. Books 8. “Hypothetical Event” Clothing 9. High-Maintenance Treatments

[@craighenderson1645]

My wife and I spent two years living full time in an RV and traveling to 37 states as well as Canada. It forced us into a minimalist lifestyle. What a wonderful feeling of freedom, not only from not being tied down to a specific location/home, but also the freedom from stuff! Once we established how we wanted to live and what we needed, we applied one rule that worked wonderfully for maintaining our sense of freedom from stuff. We called that rule, "Something in, Something out." Buy something new meant getting rid of something else.

[@estbestest4656]

My wife and I travel for a couple of months from time to time, since we both work remotely, so we get different flights and go around Europe and Asia with two backpack bags. Since we need to move a lot from place to place, we just take our PC, docs, credit cards, just toothbrush, floss, 2 t-shirts, glasses, stuff like that. In case you can always buy a new sweater, jeans etc. In that way you can take flights with just a hand luggage and go around with a backpack. So I remember our first trip, we just booked rooms, cheap hotels and used Couchsurfing. After two months we crossed 8 different countries. That feeling, when you realize that all you actually need to live decently for months takes a place of one backpack, is priceless

[@georgina4874]

I live by the rule "one in, two out." It's a clutter buster.

[@aaliyah9832]

I love that rule :)

[@sheh.9163]

Bulk buying can be economical as long as it’s something you for sure use consistently. Things like toilet paper, paper towels, body wash, toothpaste, etc are things that you can save money on if you are savy and purchase in bulk with coupons or at a discount

[@Steve_S80]

Costco is also good for this, just need to make sure you don’t come out with a load of other stuff that you don’t need too 😂

[@alexandra290]

agreed and it also helps keep track of your spending, I never knew how many shampoo bottles I needed every year until I started buying in bulk

[@raydromeda3777]

Yes. I don't bulk buy food, but bulking on toiletries saves money and mind

[@Bean-js9bc]

That's it. Bulk buying food leads to eating more. Bulk buying other necessities makes a lot of sense. You wouldn't use more toothpastes with every brush, just because you have extra in the cupboard. I can't say the same for chocolate, crips or biscuits.

[@satysin630]

Came to comment the same thing. I’ve saved a tonne with smart bulk buying on household consumables I will always need like kitchen roll, laundry detergent, toilet rolls, cleaning detergent etc. however pay attention to the cost per litre/kg/item. Sometimes the 18 pack of toilets rolls costs less per roll than the 24 or 32 pack. They are sneaky like that! Also if you love rice like I do find a good Asian supermarket and buy in bulk bags. Literally one tenth the price per kg than in a general supermarket!

[@loripage5477]

Transportation is an interesting one. If you live in London where public transport is plentiful, doing without a car makes sense. For parts of the country where public transport is not good and/or expensive, doing without a car is less of an option.

[@NoName-jq7tj]

You don’t really need a car in the heart of London. Neither do you need one if your in Greater London. TFLs’ stretch is quite further out. If your a single person then possibly you can due without a vehicle. Travelling within the Zones is quite economical. So if all you have to undertake is travel between Zones 2-4 a car can be secondary. I’m talking from experience. Also driving in the heart of London is a nightmare. Traffic lights slow you down dramatically.

[@LittleMissSomeone]

I agree, I live in Oxfordshire where we barely have any public transport. So you’re either walking at least a mile to the nearest shop or you need a car.

[@biomorphic]

I sold my car when I moved to London. I feel much better not having one. I rarely use Uber in London, only when I do not have any other option, it's too expensive. But since I live in zone 1, I always have options, and I didn't use Uber in the last 2 years (in London).

[@andrewlowe3422]

Exactly this catching a train in peak times across towns and cities,can be way more expensive than owning a car to get to work

[@saaa.aa9578]

Yes, I don’t have any public transport available to me that goes anywhere besides a couple areas, without walking around 40+ minutes to get to a bus or tram stop

[@Kenssey]

Totally agree with your final point! I used to spend hours in a salon bleaching my hair, hours taking care of it, hours getting lashes done, hours dealing with extensions….it’s so freeing to be rid of all of that!!

[@Practice_Kindness-1st]

For me, the library is the road to saving money. There are so many books you can check out not just from your local library, but of many others. That will save you tons, and you won't have to feel guilty about having the books gather dust with time.

[@alexcope4144]

I basically just watch these videos to reaffirm myself at this point lol. I do all of these things already, but as I'm still at uni, and work casually. I'm just not in the investing stage yet. But I do move my emergency fund money to whichever bank I get bonus interest on. Always like seeing my notification go off for one of your new videos ❤

[@nischa]

🧡

[@aditisingh4626]

The reaffirmation thing you said is so true!! I do this too. With all these bombarding advertisement reaffirmation is important to keep away from overconsumption.

[@celesteoliviasibert-2730]

When it comes to skincare that i use, i buy multiple items of the same product during a sale e.g. 40-50%. I dont know if you call that bulk buying, but I've saved a lot doing it. Like right now i have 3 month stocks of Moisturizer, shampoo, serums etc, and this means i don't have to walk in to a store frequently and end up making impulse purchases 😂

[@clt2744]

yes that's what I do too 🙌

[@chinchillin6280]

I do this too!!! It does work :)

[@michaelharrisson1683]

Imagine how much debt we wouldn't be in if 40 percent of the people in North America practiced your techniques. Awesome content ✅💯🙌

[@uchihasenpai5671]

Also, if the USA government focused on public transportation like trains we would not have to waste so much on cars, parking space, emission.

[@michaelharrisson1683]

@@uchihasenpai5671 right... But we spend lots on bullshit that is useless like drugs and Onlyfans and 41 " tires for a 4x4 that never sees off road and 4 smartphones per house hold and three new cars and complain we can't afford groceries.. haha were a joke

[@marianhunt8899]

​@@uchihasenpai5671the economy which currently is highly consumerist, would also collapse if everyone did this. Money needs to circulate in the economy. Reducing spending is great but too much of a shock to our already fragile economy could collapse it, that's if the forever war budgets don't do it first.

[@blueelf217]

I saved so much money during the height of the pandemic, because I wasn't shopping, eating out, etc. So now I try to live by these rules, but I'm a maximalist. Haha! So I have "organized clutter". Will be donatting/ selling on Ebay many things the next few months and saving money.

[@Northern_Squirrel]

Having a car is essential for many, sure it’s expensive but when your needs are beyond just going to work and shopping, it is necessary, especially in North America. Example, those living in much colder climate(can’t imagine carrying grocery bags in -15C 😀), living in suburbs, make frequent trips for leisure, and driving kids around for activities to name a few. Having said that, agreed on number of other things you have said. Life is short, I am not a believer in extreme saving, a balanced approach is what I believe in as tomorrow is not a guarantee for anyone.

[@percynelson7726]

I like the 48 hour rule. I am not an impulse person (except when it comes to food). Waiting saves money.

[@marktan1324]

I found borrowing e/books from libraries a good alternative to buying books. Less physical clutter too, provided your library has a large collection

[@piroskavigh6359]

Yess, I do the same. The apps are amazing and if a book isn't available in my library they can always deliver it. I only buy books that I really want to have in hard copy

[@wise_lynx]

Even better you can get pirated ebooks

[@BlackNight603]

I only buy used books

[@clt2744]

​@@wise_lynxC'mon, let's give the writers their due, at least

[@missroyalbtch]

Awesome tips! Re. spending on clothing for hypothetical events, another great option is renting if that is available in your area! I often rent my dresses to weddings, parties and trips ...much cheaper, more options, less clutter and no one will see me in the same outfit twice! 😊

[@Sally-ng8hv]

Loved this video. We are largely on the same page. I want to share what I cut out to save more 1. Going out to eat: I used to do to go out to try new restaurants almost weekly. I realised I much prefer a home cooked meal and going to restaurants on special occasions. If I want to meet up with a friend, I much prefer grabbing coffee and going on a walk. 2. Buying clothes in-between seasons or trendy items: I ask myself now ‘can I wear this piece across multiple seasons and will it still be in fashion in 10 years? If the answer is no, I won’t buy it. 3. Beauty: you’d be surprised how raising your self esteem will save you money. I am happy with my natural hair, lashes and features. I will only get a facial before a big event and I get press-on nails to do them at home by myself. They look exactly the same as acrylics. 4. Useless coffees: I perfected my coffee making skills and got myself some nice portable coffee cups so I can take a homemade coffee with me on my walks or to the office 5. Events: if it’s not furthering my ability to make money or giving me access to specialist knowledge or networks, I won’t go. I don’t value being out for the sake of being out.

[@Sally-ng8hv]

I also enjoy free or low cost activities under £20 now such as going for walks in botanical gardens, free or low cost art exhibitions, community events and visiting friends and families to do things like movie nights, baking/pizza/pasta making, paint and sips etc

[@Lastexile1990]

Absolutely love your videos. The 48-hour rule I’ve changed to 1 week, if it doesn’t matter in a week it never mattered at all - except a for a drone, I’ve been thinking about that for 4 years 😂 clothing wise, I’m trying to over haul my wardrobe once piece at a time and purchase for multiple combinations that go with everything, as you mentioned. like a black and white tee for men can be used for so many outfit styles!

[@SB-im5xu]

When it comes to smart spending, getting rid of the impulse to buy more & quenching that feeling that you should consume more due to environmental pressure really did it for me. I moved away from a very commercial city with too many people buying to flash their wealth (no surprise, it was heavily Chinese city) and settled in a place with a slower pace of life. I am not a big spender to begin with but changing the environment did a massive deal for me as I no longer felt the need to buy clothes/any household items! Now I wear and re-purpose what I bought during the past years. When I travel for work I visit charity or vintage shops to buy cute items for my house second-hand below 10 dollars. I now make twice the income I made a year back, and my spending decreased significantly after reducing environmental/peer-induced stress. Life has never been better.

[@jcgnbd7410]

I like how you explained about a car and you not needing one due to your circumstances. A lot of individuals that make videos make these all or nothing statements - like use public transit - you are wanting money if you have a car, find a different job, so you don’t need a car. It is refreshing that made a simple explanation regarding this working for you. It was nice not getting the all or nothing talk. Makes me want to listen/watch more of your videos. By the way, I live 47 miles from my job - living in the town where I work is not feasible and I carpool with others to save money and wear and tear on my vehicle. We all do the best with our personal situation and you made that known. Thank you

[@NirupamaRoutlucky]

Loved the way you say how we are promoting expensive brands without being paid!

[@simonbonelle5672]

I have used the 48 hour rule on and off for years and found it to be amazing and transformative so thank you for highlighting that one. As other posters have alluded to, where I live (Torquay, Devon, UK) living without a car is not an option. Fantastic video again though Nischa, thank you so much x

[@sunevanheerden]

South Africa demands you to have a car. Taxis are unsafe + travel distances far. Nischa thanks for inspiring me to start my own YT channel! 🎉

[@cheeselover626]

This is a bit of a tip on the flipside though but very helpful for saving time: if a free item/event instead cost $1, would you purchase it? If putting even that small of a pricetag on it isn't justifiable then don't bother and put that time towards something you already know will be fulfilling for you.

[@Dana-ml7sy]

I’m glad to say I too stopped these a long time ago. Bulk buying cleaning products & food reared up during the pandemic because I avoided going to the stores so much & bought a lot online. I had forgotten the energy it takes to deal with lots of food to cook & freeze it in a timely manner in portions & then rotate it, something I do normally but on a much smaller scale. I overestimated my use of sterilisation wipes & still have 2 huge tubs! I used to love flicking through magazines & bought many. Now I can indulge to my hearts content, courtesy of my library who has online, books of all genres, magazines, audio books. Libby is shared by other boroughs too. All you need is a Libriary Card. Unfortunately we now live in a age where social media is king. The “influencers” are paid to promote goods & so long as the goods are something you really want, need & can afford, then the choice is yours. However when you keep up with the Jones it’s a road to nowhere financially.

[@mothiurNCL]

View descriptions for more information. 00:00 Intro 00:23 Trending products 01:30 Bulk purchases 02:07 Transportation 02:55 Home Decor 03:37 Overpriced branding 04:34 48-Hour Rule 05:14 Books 06:17 Hypothetical Event Clothing 07:15 High Maintenance products

[@ginac4153]

Fantastic tips! I commute using a bike or e-scooter, which reduces my transport costs. I do all my own beauty treatments at home, excluding hair dying (I get that professionally done). Since swapping skincare for more affordable drug store brands that has also made a difference along with not being influenced by hype and marketing. I also have a reduced capsule wardrobe with less items that you can mix and match (in black, creams and beige colours). Completely agree, as you get older the less designer brands matter to you and your peers. True wealth whispers, it doesn't need to shout...

[@carosm8]

Buying in bulk is interesting… my relatives do it all the time and they save food containers to avoid spending money on new ones 😂

[@tennilledebysingh5819]

I can relate to much of this, people should pick and choose what supports them best. I've decreased significantly on purchasing clothing, jewelry, shoes- wearing what I have and love, no more books, no more household tchotchkes, and minimal self care treatments. And this has happened in my 40s, good for you for realizing these things in your late twenties! I have never valued high end designer products simply because you're only putting money into that company's pocket and you are only losing. Waiving a societal flag does nothing for you as a normal human being in the long run.

[@zyphosa5398]

I think with effective planning, buying in bulk has its benefits. This is subjective, but I do like your take away and having more choices.

[@roseshayer4608]

On top of waiting atleast 48 hours to buy something, I always keep the receipt for clothing with the pieces, either in the pocket or taped to the tag. Then I can easily return it if I haven't worn it within a few months. Even if it is past the x day policy, most stores will let you exchange the item.

[@adrianholman4842]

Buy books from charity shops. There's a big range, they cost peanuts and the money goes to a good cause.

[@fayechongko-perez3426]

At 43, I truly appreciate this. Never too late to learn, right?

[@annalukaszyn]

Agree to an extent because it all depends as always. I sometimes bulk buy but always the same product that I know we will use up. We have two cars, both paid for upfront, very low cost of maintenance. This comment has been written from a point of view of a person who lives in the Scottish Highlands and have a family of 7. As always take what resonate and apply advice to your own yourney

[@pradeepshirur5435]

1. Trending Products 2. Bulk Purchases 3. Transportation 4. Home Decor 5. Overpriced Branded Clothing 6. The 48 hour rule 7. Books 8. Hypothetical event clothing 9. High-maintenance treatment products

[@ShawnArmstrong273]

The best way to attain financial security and being debt free is making better investment decisions. I always tell myself you don't need that new Car or that vacation just yet and that mindset helps me make more money investing. For example last year I invested 70k in stocks and Defi and made about 380k, but guess what? I put it back and traded with her again and now I'm rounding up close to a million. Delayed gratification always pays off.

[@Karenfloen]

I will really like to know how this things actually work and build my finance. My finance is in shambles.

[@ShawnArmstrong273]

@@Karenfloen There are quite a number of blue chip stocks and Defi assets available in the market, get in on them

[@Leighwilliams112]

@@ShawnArmstrong273 I'm very interested in investing and I have good sum of which I'm willing to put in with the right information. Tried investing myself a few times but I’ve never been in luck picking stocks.

[@ShawnArmstrong273]

@@Leighwilliams112 Aside from a good capital, you will most importantly need the service of a broker who understands the market, with those you’d be able to preserve your capital and make high yields investment

[@Leighwilliams112]

@@ShawnArmstrong273 Do you have an idea of any good broker I can start with?

[@emeraldrhyme5634]

Minimalist thinking is fantastic. Welcome to the group. Your videos are great.

[@beedabee1221]

I agree with all of these! I have been feeling convicted with my upkeep (lashes, nails, hair). I do want to find ways to minimize my upkeep but continue to feel polished. My mindset is changing and I’m more interested in buying a home and paying off my credit card.

[@CoKiEsAnDcReAm07]

Lash extensions are such a huge expense in my area ($100+) I’ve never been able to justify the expense :( I do my own nails so thankfully the upkeep of keeping clean manicured nails is on me - it’s quite easy and relaxing once you get into doing them

[@beedabee1221]

@@CoKiEsAnDcReAm07 you’re so right. Just like doing your nails, I’m sure there’s alternatives for lashes. I just have to find an alternative! Or just truly find a good mascara and embrace it! Thank you for the encouragement!

[@pamelawalton1255]

​@@beedabee1221 falscara do diy kits they don't last as long as salon eyelashes but they would be a fraction of the cost of having them done

[@DeclanHiggins-YoutubeChannel]

Very true Nischa impulsive purchases need to be thought about more carefully. When you step back and ask yourself do I really need this item, you may realise you are just buying it to keep up with others. Thanks again for your thoughts on these interesting topics 😊

[@nischa]

Exactly this!

[@paulfarr7]

Yeah, I refuse to pay full price for clothing, there are so many discount websites offering end-of-line/last-season items for as much as 90% off.

[@carolannaitken5812]

I completely relate to the not spending money on high maintenance beauty expenditures. I don't have the patience for it and I personally find it a waste of money. I get my hair cut but I haven't had a manicure or facial in decades.

[@MisterBaker5]

I must thank you for the 'Pay Yourself First' which was/is a damn good rule. And whilst I am a lot more fruggle with my spending these days, #1 - I have use a you want it, wait a month, #2 Know what is important to yourself, that is priceless. #2 rules, you live with your heart not your wallet.

[@msKita43]

I agree with everything except some bulk items and my car. I live in Texas and work overnight. I cannot rely on the bus even being in a city.

[@keshinitiwari5425]

I agree with all of these but there is one high maintenance treatment I do - the cysteine treatment for my hair helps me save a lot of time (and maybe money). My hair is naturally curly and frizzy and VERY hard to manage. The treatment makes it super easy to wash and dry plus I hardly have to brush it between washes and I don't have to put any products in my hair between washes. It just works. This is one that the upfront time and money investment every quarter pays off in time and mental comfort later on.

[@nischa]

Totally justified!

[@keshinitiwari5425]

Thanks 💞

[@albertomc3479]

I a agree for almost everything except for the books : I don't think saving 25-30 dollars a month on book will make or break a want ti be lillionaire. However, the idea of one book can change your mindset, spark new habits and/or dig deeper on certain topics which would 10000x the cost of all books spent before (job promotion, job swich, creating a succesful company...)

[@nandomir]

Hi Nisha, great content as ever. Your point on transportation is only applicable to places such as London. For example, living in a more rural Scotland makes it impossible to cut costs on a car.

[@sunevanheerden]

South Africa demands you to have a car. Taxis are unsafe + travel distances far. Nischa thanks for inspiring me to start my own YT channel! 🎉

[@william_8844]

I haven't had a TV for ~ 5 years. I didn't see the need for TV subscriptions when I have internet and YT

[@ShovelMonkey]

Inelastic demands: Housing, food, energy, clothing, *debt*. What you decide to pay for those things is up to you. Eliminate debt which was used to pay for the elastic demands below. Debt used as leverage to increase income is not wasteful. Elastic demands: entertainment/communication, luxury consumables, social displays of wealth.

[@georgiaonmymind2000]

The audio quality has improved so much! Thank you!!

[@hernangb7717]

Best way to spend money is: 1-Education 2-Travel 3-Dining out Wish you all the best!!!!

[@Mikey4808]

Meal planning has saved me a ton of money! At the beginning of the week, I'll plan the meals for the week and only buy ingredients for those meals. I'll also cook enough in one night to have enough food for the next night or two. It drastically limits the impulse take-out food purchases and saves a bit in electricity/gas because I won't be cooking every night.

[@divya084]

A thing that has saved me a lot of money over the years is not buying stuff during sales. This may sound very counterintuitive to some - but I used to end up buying a lot of unnecessary stuff simply because it was on sale, and it ended up lying unused or I didn't really like it as much because it was not my style. Now I buy items when I need them and have a clear list of them.

[@angelant96]

I´d say, rather than not buying stuff during sales, I wait for sales to buy specific things I've been wanting for a while. That way I buy exactly what I need for a lower price.

[@ivanso1978]

Living minimally is a great start!

[@Verycompetent]

Im guilty about beauty products and hoarding. I like the 48 rule. I did buy things last year up until today I didn’t have the chance to wear it.

[@Deb-ator]

I totally agree with your spend less spend better approach. I got rid of my car years ago. I've never been to a nail bar and haven’t visited a hairdresser for years. Also, Ive learnt - the expensive way - about buying home decor and clothes for hypothetical situations. I briefly got into designer clothes but now focus on timeless desigbs ini sustainable natural fabrics

[@jimmyrecard5761]

Really enjoy watching your content! always pulls me back into reality and makes me think twice about purchases! I measure my purchases on enjoyment value and never rush into purchasing items that bring me small amounts of joy. I shop at kmart for my clothes as I really don't care for designer brands or following trends "I have to wear this to look successful". even food now I tend to lean on cheaper home brands and surprisingly they actually taste just as good or if not better then the premium brands! thank you and keep up the content, really appreciate the mindset this channel brings and the knock back to reality! at the end of the day, be happy with you and your money no one actually cares what you wear or what your hobbies are! spend your money on the things that bring you the most happiness! I can say with out a doubt that having savings had a huge impact on my mental health and feeling a sense of security rather then living pay check to pay check to prove something that most people don't actually value or take for granted.

[@zazyto]

I hate going to get my hair cut: I only do it twice a year. I also hate dying my hair: I feel that I can invest that time better. However, I can feel the society pressure to dye my hair, but I strive to do it as rarely as I could (given that 40 % of my hair is white). Just like you, I cannot bare to sit for someone to do my nails, so I leave them as they are. Bonus: they fit any outfit I wear 😂

[@percynelson7726]

The transportation idea only works for people in areas with significant public transportation. Growing up, we had a good rail system. You had to go 2 miles to get to a railway station, but it got you there. Where I am now, it is 3 miles to get to the 1 bus stop and it only takes you to center city. I can’t get many places. I just buy a new car and keep it for 10 years. I have to drive to work.

[@santosh18901]

Regarding trending products for your hair, skin, etc., I can say it is much better to use natural treatments than artificial products - Exercise, Sports, Meditation, Good Diet, Drinking plenty of water, Good Sleep, etc.

[@leticiahernandez-torres8546]

I love the 48 hr rule! I end up putting in the cart then move to the buy later list and I usually end up not purchasing it and I just delete it.

[@WhiteThrash]

#6 my rule is that a decision to make an expensive purchase takes roughly as much time as it takes to earn that money. E.g. buying a car - 1.5 months, buying a house in a new country - few years, buying a new laptop - a week, new HiFi setup - 3 days etc.

[@sommercoburn5911]

I totally agree with you on the 48 hour rule, Home decor, and maintenance. I thought I was the only person who can’t stand sitting still for the hour and a half. Lol I do enjoy my monthly pedicures, I always tell them I’m in a hurry so they finish in 30 minutes. 😂

[@Falfash]

Thanks Nischa for sharing. Nowadays Im also thrifty in my spendings too. Focus more on the needs than the wants. Glad getting to know your channel✌️

[@girlontheclouds2936]

What about junk food/ restaurant/ eating out/ overpriced coffees? Earlier this year it hit me that dining in is very costly! What with vat, service charge, tipping, etc. One day mom and I dine-ed and aside for the meal and drinks, we spent an extra $150 on service charge, vat, etc. Since then we have really cut back on eating on, and we sometimes do take out. However I would like to cut back on that lol, as well as junk food. I want to try to cut back on buying iced coffees, boba teas, Starbucks, because I've come to realize that it all adds up at the end of the month, and it's not something that I need. My toxic trait is treating myself if I've had a long day or bad day, and that treat is Starbucks or boba tea lol and I need to start changing that.

[@tiffanyjoyxP]

i remember using so many skincare products to help with just skincare in general and most of the products never worked. I started using a derm formulated product for my skin concerns and that in of itself helped reduce unecessary spending for about 8 years now

[@mia_amoremia]

The saddest part of buying branded products is that they get spoiled within 2-3 years. I promised myself not to spend so much money on them anymore 😢

[@chamcham123]

You can get free books at the library. And some libraries even have e-books for download. If you live in a city where the libraries are interconnected and books can be requested online, then you should take advantage of it.

[@necorrigan]

Love the 48 hour waiting principle, such a simple yet effective idea.

[@audreyandrea460]

Great! Thanks Nischa :) I read summaries or previews and parts of books before deciding on purchasing them as well. I also have a 2-book per author rule (unless they are the major authors of classic literature like Shakespeare, Dickens, Dostoyevsky, Jane Austen or Proust. Everyone else gets a limit.)

[@yusufmohamed4606]

I totally agree with the hypothetical event clothing point

[@mchavez1138]

Thank you for this! I agree we have been conditioned to buy things impulsively and not based on value. There are other items I stopped paying for, 1. Cable television and entertainment subscriptions. I do my best to skip social media and time wasting activities. What is the cost to use social media, cable television, and things you can actually get for free?

[@roberth3722]

I’ve switched from burning large bills in my fireplace to cheaper $20 bills. The flames look the same as burning $100 bills but I save a little money.

[@gabireboredo4593]

I just got a heart attack from laughing so hard with your coment😂😂😂😂😂😂😂

[@andersdottir1111]

90% of my clothing is from charity shops, the rest mainly from Kmart when I see some decent cut linen clothing or a nice shaped jumper; then they go on lay-by. I’m a common size so don’t pick up much on sale there. This has saved me thousands over the years.

[@camus444]

The independence that car ownership brings is far more important than useless spending on food delivery services, poor quality trinkets on Amazon, and most monthly subscriptions.

[@Juan191194]

queen of helpful tips

[@Eisenbieger1986]

Hey Nischa, i think Nr.3 only works out for women in a City. I think a car is a must have for men, but it is a wise decision to buy a used car for low money, which does not consume to much fuel. I get the point, that it still needs money, but i think more flexibility and saving time to come from a to b is worth it. For men to save time and money: Get a hair cutter.

[@ama_x_o]

Really enjoyed this. I’d be curious to know how you shop for timeless pieces and you evaluate designer price tags if you still buy any of such items

[@marial7588]

I don’t understand buying books in general. I pay property taxes that fund the library. All books I read are from the library whether in digital or hard copy format. Why pay for something twice?

[@Foxdelights]

I agree with the high maintaince products. The only thing I'm getting is laser hair removal because even though its a 1-2 year time consuming and expensive process, its permament. And shaving costs and wastes more time in the long term. So I feel like in the end its a worthwhile investment.

[@fredsmith6725]

Try bartering too. I trade what I do with my hairdresser and my accountant. With family, we all look out and bulk buy products we all use; then share those items out. Also share a car with family members if you get on well enough to do so😁. Love your videos Nischa, your career is a world apart from mine, but the same thinking can apply to us all.❤

[@SaadKidwai]

Thank you. Might add another one to the list, not fully unique, but buying things just because they are on sale. That's a big one that gets people, sort of fits into the 48 hour impulse buy rule but I'd say it deserves it's own number just because of "Oh but I'll save 100" dynamic. Take care.

[@rover-t]

Thanks for another great video Nischa. Another point is to not buy white goods, cars, phones, etc on credit or lease. All of these depreciate rapidly and if they are bought on credit, the value of the item will drop, but the interest on credit means the total cost of the item was way more, so it's a double loss. Vehicles depreciate the most in the first 3-5 years, so buy after that point with cash. Phone companies love selling latest models on a lease buy, bundled with a ridiculous amounts of data that is rarely used. Buying one that is 1-2 years old (even 'new' old models) with cash, and have a realistic (low data amount) SIM only contract saves so much.

[@drfill9210]

48 hour rule can also be transferred into "hold it at the shop". If i want something, i grab it off the shelf and wander around with it in the shop. 9 times our of 10 i have put it back within the hour.

[@nancylyon-gray3499]

Boy did this help me! I used to be wealthy. Your clothing topics are so true. But I buy a cult-like Western clothing line that I pay a lot for but can re-sell later for about 1/2 the price. I can also buy clothes that way. I've been happy with that.

[@ma.jennylynabalajen903]

Nice! Very practical

[@Cristian_M_]

To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income particularly on a weekly or monthly basis. That’s the key to living financially stable,.,..,

[@kirstenraedmund7346]

Wow thank you for your kind heart, I really find it difficult to trade myself am looking forward to find an Exprt to help me out when I ran into you

[@kelseyeadelmarr6109]

imagine investing in Btcoin earlier.... You could have been a multi millionaire precently

[@geralyncainglet2626]

​@@kelseyeadelmarr6109You are right. Been thinking of going into gold and cyptocurrency

[@sarkiali3958]

Not because of ignorance, it’s because of the high rate of unprofessionalism in the cypto market

[@alinamikelle8688]

I’m new to cypto trding, feels overwhelming but I won’t give up on learning this. Thanks for your clear explantion from the very beginning!

[@vijayshah4880]

Saved a chunk today, as you said give a 48 hrs think before the purchase. The reason of giving up the purchase : product not suitable to my age bracket. Thanks Nischa

[@RationalSteve]

Wish I could do something about the transportation. In Ga, if you don't have a car you don't have a job. Especially a reliable one. Doesn't mean buy the most expensive truck you can find, but buy something trustworthy.

[@JasonMariusZamora]

Simplify things, Learn to be content and enjoy all the simple needs we have. Cheers to you Nischa, I believe I passed the 9 types to stop buying:)

[@BenTjibe]

I disagree with bulk purchases. It's been two years since I bought toothpaste and also not having to worry about running out of it. And I never use more than I need, it's impossible. Same thing with soap, just because I have bulk, doesn't mean I'm going to shower more than I need to.

[@4lb280]

I agree with all but I like quality clothes. Most stuff if crap now. Good clothes, not necessarily designer, saves you in the long run. Do stay away from trends and by classic pieces. Also, buy used books. You get them for pennies on the dollar!! They are usually in new condition.

[@frankmacdonald5745]

Nischa Thanks for an interesting vlog your 48 hour calling of to see was similar to One of the dragons den life story’s. They would wait six months if they were interested in purchasing something high. end and if after that period if they still wanted it they would purchase it. They said ask a child to make a list in the summer holidays for what they wanted for Christmas then in December as for a list completely different. They all so said if you bought an expensive car or boat the best days were the day you purchased it and the day you sold it. Only one negative about one of your vlog was you terminating your employment a couple of months before your yearly bonus…… Keep the blogs coming my friend

[@darrylt6412]

Items are usually cheaper when buying in bulk. If you’re going to end up using the items eventually and have the storage space for it why wouldn’t you?

[@ivyzeng7026]

her comment on buying branded products, i cant agree more.. thats what i exactly feel as well, i would never got anything that has a big logo

[@mikaxms]

I agree with your agruments for not buying in bulk, but you can save money by buying in bulk stuff that you do need. Items like toilet paper, tooth brushes, etc

[@williamlee4179]

Bulk purchase is SUCH a big money suck for me haha. I spend so much buying in bulk because I think I'm saving, but perishables expire before I've gotten to them and non-perishables I don't need 1000 of to begin with

[@getrich01]

I'm in agreement with the 9 Things. As I'm in the process of strategizing my budget focus, This will allow me to categorize necessity things I spend my money on. I'll also need to budget for Shortform as well. :) Thanks for the content.

[@Luni91]

I have not been always a good saver, but I always believed in the advertising effect when wearing a branded cloth/accessory!!

[@blueyedlady]

Well, I live in a rural area so I have to have a car but I keep cars, and I maintain them. No car payments, so that helps. And my hair would be white if I didn't dye it so I do offer myself that little luxury every 2 months. It makes me feel good and it's where I will prioritize my budget but happy to cut other places (have, do, and will continue to). Great vid!

[@katherinezulick8637]

I have a 1 week policy so I’ll put something in a cart and wait a week. If I’ve forgotten about it then no problem. If I still think I need it then I can decide to buy it or not. It has cut down on a ton of impulse buying for me. I also have a rule for clothes that if I don’t want to immediately wear something new then I probably don’t want to wear it and I take it back if it’s something that was delivered.