One Small Change to Massively Improve Your Finances

[@DamienTalksMoney]

If you would like a summary of everything I discussed, you can get it here: financialinterest.com/financi...

[@RoseTintedSpectrum]

Just want to say that I watch pretty much zero finance videos, but you make this topic incredibly interesting and entertaining. Good work.

[@DamienTalksMoney]

Thank you so much! I will show the mrs this to justify me covering the house with Lucozade

[@ady6837]

😂​@@DamienTalksMoney

[@rfxtuber]

Just one thought... a lot of the products discussed are created by the government, a lot of the products are being nudged by the government.. The flaw.. Government has total control over the products created and can be subject to drastic change in a heartbeat. 20 years down the line you could be really doomed with no exit.😥Nudge or Not. Tax Free or not, projections or not...

[@kirsten121]

Yes, you are correct on the psychology aspect. That's why, when you're doing a First Aid course, they teach you to shout "you, in the blue shirt, you phone 999" and "you, in the red shirt, you get the defibrillator". If there's no personal accountability, inertia takes over and people don't act. I wish I'd known all this stuff 20 years ago when I was starting out as an adult! Mind you, I suppose I did have some very enjoyable nights out, wasting money!

[@DamienTalksMoney]

Fascinating insight thank you!

[@BDT_612]

Viewer from the U.S., and I thoroughly enjoy your videos. They are all well researched and thought provoking, but even more impressive is your ability to then distill it down to folks without a finance background and make it interesting and funny. Keep up the great work.

[@DamienTalksMoney]

Thank you so much for watching from the other side of the Atlantic and for this lovely feedback!

[@mcameron1981]

I've managed to save almost £40k in two and a half years. Simply by asking myself: "Do I really need this?" every time I'm tempted to buy something. It's amazing the reasons people go to justify spending money on crap they don't need. I can say that my life hasn't really changed (I was always quite frugal). I still buy stuff that I need, day to day. But, being completely debt-free and with tens of thousands of pounds in my investment accounts, beats any temporary endorphin rush that you get from buying a load of crap that you don't need, and will probably never use.

[@11alekon]

Jesus Christ dude, congrats! Just out of curiosity, how much are you earning?

[@RichardCross-m7l]

One of the best financial YTers out there. Keep up the great work Damien. If only I could have seen this 43 years ago when I started working!

[@richardpachebat]

Always so excited when he posts.

[@DamienTalksMoney]

Thank you so much! Lovely feedback and such a compliment.

[@davesawyer1164]

Damian, I've been watching your videos for a while but I must admit you're growth is very much deserved and most recently, your incorporation of humour in your videos are particularly impressive! 5/5 please keep this up

[@FirstMM]

Nothing to do with finance, but I have an entry in my work calendar that says "workout" which I ignore almost every day. I am going to change this to "Get fit enough to play with

[@DamienTalksMoney]

Yes!! Amazing example of attaching emotion to a reminder so you actually do it. All the best with this let me know how you are doing

[@Dr.JubairsFinance]

More peepole need to watch this

[@uplink-on-yt]

Love the typo

[@richardclayton6939]

Three videos in 8 days?! New year new Damien? We are lucky, thanks for the continued top tier content 👌

[@DamienTalksMoney]

Thank you for noticing! Haha I do have a commitment to uphold now

[@cingramuk]

Really doesnt want to send the money to Man U 😂

[@billpole]

Love the video, Damo! Even better is your return to adding more humour back into your vids - I've missed it a lot over the past year! Not only does this regular injection of laughs give you a USP that sets you apart from the more common 'boring' finance KZbinrs, it also keep us viewers glued to your content for longer! I hereby commit to staying a subscriber of your channel all through 2024 - so don't let me down, mate! 😜

[@DamienTalksMoney]

Haha I will try my best to add the jokes in to as many videos as possible. Can be tough to come up with stuff sometimes.

[@sethanith3181]

Almost lost my coffee over the toothpaste clip

[@padanfain7466]

Totally agree. The fun part helps to keep finances enjoyable, keeps my focus better and makes it more memorable.

[@maltesetony9030]

In the Netherlands, urinating in a place one should NOT be urinating is called "wild plassen" ("wild pissing"). Not a lot of people know that. I need to get out more . . . . .

[@DamienTalksMoney]

These are facts we need in the comments thank you

[@douglarse]

Its not much but I started my first ISA last year, only £100 a month but after watching this I should try to increase this amount each year. I know that long term I would be better putting this into my pension but I would like it to be available for emergencies.

[@rorybampton996]

Those first couple of unexpected pee cutaways made me genuinely laugh out loud. Quality financial advice content too, mind. Lots of love from down under for your consistently excellent content Damien!

[@wrzlygummidge]

Nice one Damien. You and Nischa are by far the most relatable personal finance podcasters on YT. Keep it up! atb

[@charlottet7548]

I love the video but even more so I love all the love for Damien in this comments section! I’m that nightmare customer who takes advantage of free trials and sets up notifications to cancel the subscriptions a day before they are due to renew 😂 Ulysses pacts are so effective. That technique is what kept me on track while writing my dissertation! Thank you Damien for helping more people to use knowledge of psychology to benefit themselves, not the corporations! So excited for 80 videos this year!!

[@IainGeddes]

Quality video as always Damo! 👌 Our bank accounts are like our bladders - both need careful management to avoid unexpected leaks!

[@bashh568]

What a great video, thanks Damien. Have a coffee on me.

[@davidthomas-ot4cl]

I clicked for financial advice and got a golden shower video.

[@gibboman]

And you liked and subscribed as I did?

[@johnely8690]

The irony here is that YOU are the “nudge” for a lot of people watching your channel!😂 Great video (as always)! 👍

[@cingramuk]

100% - reminds me to check on things, and keeps it front of mind. I get a lot of flack from people because all my finances are in Banktivity, but it means every month I know exactly what I've spent and what I have saved in envelopes for different things. So rather than see I have £XXX thousands in savings, I know actually most of it is allocated to something and I'm less likely to dip into it. Most years, when inflation isn't going mad, I also put most of my pay rise into pension/savings and try to keep the budget pots for daily stuff like groceries, insurance, electric as stable as possible and get better deals on them each year to keep them low.

[@sdevine6241]

I'm glad you intend to produce more vids. Well done mate.

[@boothie15]

Hope your goal of 80 videos this year has enjoyed a good first quarter, Damien. The only significant goals I have ever met have been those shared with my nearest and dearest. Good luck and thanks again for your excellent content.

[@DamienTalksMoney]

I am behind on my target but have still made way more videos than I did by this time last year. If I fall short of the goal but have made more video total I will see that a huge result. In terms of the outcome of producing those extra videos the channel is doing great as a result

[@boothie15]

Good lad! Keep it up! @@DamienTalksMoney

[@Nickelodeon81]

Why focus so much on quantity? No point putting out a video if it's not good quality. We have arbitrary targets at work and people put out dross from time to time to make up the numbers.

[@92belisarius]

Absolutely binging these videos and your podcast too (which is awesome). You’re really inspiring me to turn my life and finances around. Thank you!

[@Rannerz]

Hey Damien, stumbled across you podcast recently and love it, personally feel like you should promote it more as I watch most your videos but feel like I hadn't heard of it before

[@michaewelina7983]

Oh I can see Damien in form, love your editing here. 👍👍👍

[@DamienTalksMoney]

Glad you liked this one! 🎉

[@vlarhellar]

Some urinal manufacturers used to put a bee in bowl. The Latin for bee is apis.

[@EthanAAugustus]

Great video! The editing reminded me of the Netflix Series "Explained"

[@Lenny-nr4yv]

Gotta hand it 2 ya damo u really put your dukes up with this vid and holding the KZbin world in the palm of ya hand 🖐️

[@glennwhitlock1272]

Hi, Damian. That little tin for your change brought back some memories. I used to live in Portugal at the same time i used to use real money. At the end of every day I'd have a pocket full of change which I'd put in a big jar. It was always enough to pay for my holiday flight home every summer (yes, I'd leave Portugal to spend summer in the UK). I know it's unrealistic these days, but the visual aspect of seeing my money grow (albeit in a jar😂) was quite motivating. Counting it out into little bags for the bank, not so.

[@billpole]

I agree! Why do continental banks not have coin weighing machines, like they do (or at least used to) in the UK? I've lived in Spain for over 20 years, and the plastic blisters they give you here for coins at banks are not only really fiddly and time consuming to use, but they also insist that you take them to the bank only during certain hours, on certain days. I gave up in the end, and now use commercial coin-counters at the local shopping centre (which charges a 10% fee) to change coins into notes... 10%!!! But worth it just for the convenience. I'd rather pay €1.60 in commission to the owners of the coin machine than spend half an hour sorting through and counting up all my coppers every few months.

[@DamienTalksMoney]

My nan had a massive glass bottle for her change and as a child I loved counting out the coins. So I am sure it has something to do with these fond memories why I do it.. I literally go out of my way to get cash out of the cash machine

[@stephengreen8986]

Good work on bringing all of these tips in together. Commitment, nudges, naming of savings pots, jeopardy of a sacrifice of target not achieved. All powerful tools that I have used. I highly recommend using as many as possible. You have set a tough benchmark for yourself with this standard of video.

[@Tahm_]

I had to watch the video twice as I got distracted cancelling all my subscriptions. I forgot how hard it was to do that...

[@TomRyanElliott]

Your videos have changed my ways of looking forward. Yours and the likes of Property Hub. It meant that I saved up my original investments for a B2L property up north (only because I live in London, and it's crazy down here) and invested all of the rest. The idea is to continue with all of this to do the same and continue to have multiple properties as well as to grow my investments within VHVG. Keep on going!

[@DamienTalksMoney]

Well done for taking the leap with the property! I know that must have been scary especially as it was in a different part of the country. I hope it works out great for you and you see how great the north is also.

[@TomRyanElliott]

@@DamienTalksMoney I've only just seen your response after rewatching the video. The property's been doing well! I've had tenants in place for a year, but they're leaving soon to buy their own home. I'm pleased for them. I'll likely get the place repainted before finding new tenants soon. While I use Vanguard as my central platform, I have set up an automatic daily outgoing to Trading 212. Now, we can do more than one each year. Usually, I spend £5 on a Tescos lunch daily, so I have copied that by investing seven days a week. 😅

[@Glasgowboy65]

My company is with Aegon. I knew how much was in it but didn’t now how little it was making. On just short of £30000 it’s made £2000 this is in there std fund over 12 years. Really crap return. So I’ve looked to what they offer and moved to something that look more like my stocks and share ISA a world fund where before it was all uk stocks & Bonds. That’s for your videos great help to me

[@EuanCopeland]

The editing, the content & humour is always top tier bro 🔥

[@Neddie2k]

This is becoming my favourite youtube channel, you gained a subscriber today.

[@jaikturner3221]

Honestly the best thing I’ve watched in years. Keep this stuff coming dude and thank you

[@DamienTalksMoney]

Thank you so much! Lovely feedback to start my weekend, thanks for watching

[@deancarey6475]

Love your finance vids. Watching in random order as they appear in my YT feed. I know it’s juvenile but the various scenes where you’re peeing on something eg the useless reminder letter through the letterbox was hilarious. Awesome content - the financial insights, not the pee ❤

[@LikeWeDidOutdoors]

Defaulting saved me - I was young, didn't know about pension but wanted my extra few quid a month for some little debts at the time. The HR lady told me off, I was too shy to argue. I owe her! Thanks for the vids, they're giving me power to grow up and do better.

[@mjrcox2354]

I've watched a lot of self finance videos and typically once you hear the basics new videos are just regurgitations of the same. This actually had some tips I haven't heard of before. Especially like the saving what you spent on the night out idea!

[@markdavis2097]

Loved the vid Damien😂😂the Peeing made me laugh in between the good info. Very clever👏👏

[@OriginalPeterPan]

Heard a Basil Brush "Boom Boom" when you said - "You're Luck" (Urine Luck).

[@Jack_Tilstone]

Brilliant video mate, feels very applicable to a lot more aspects of life than money/finance as well

[@DamienTalksMoney]

Yeah the older I get the more I realise that life is really just about doing the simple things over and over to get the results you want

[@robertsmith4830]

I refuse to believe that toothpaste subscriptions are a thing, it just seems so decadent and ridiclous. But, then again, I also refuse to believe that anyone uses cash on a regular basis.

[@anthonyenohmusic6962]

The artistry on this was is on 10000 well done mate!

[@thomasphillips997]

Just found this channel and already watched 4 videos b2b. Me and my family are looking to really get a hold of our finances this year. Been struggling on and off with debt over the last few years. Looking to move house to clear these debts and start fresh. Im the sole earner in the household and really would like to start using my money more wisely. I appreciate all the knowledge of pensions and will be looking into mine for sure. I hope you can fill me with more knowledge over the coming months!

[@DamienTalksMoney]

Glad you are enjoying the videos! Well done for taking the steps to improve your finances it might seem like a long way off but honestly cut costs, get rid of the debt and when you are don’t invest and in no time it will transform your life.

[@TheBlokeNextDoorMusic]

In the past 2 years, I've paid all my debts, and have just upped my pension from 15% to 25% with the addition of an AVC investment - a lot of the inlfuence of my decision making has come from your videos.

[@claireedgley7897]

A couple of minutes from the end, I literally wondered what you'd used to make the liquid that very realistic colour 😅 So glad you randomly happened to answer that question at the very end! 😆 💛 🥂

[@TomsPersonalFinance]

The quality of your videos just keeps getting better. Cheers, Damien.

[@MrPecksniff]

That was a lovely wee video. Aye.

[@beckyluck3086]

Your way of approaching and presenting information is exceptional. I wish you could teach subjects outside of finance too. I’m sure you could help with most of life’s challenges. Possible future posts that would help me: How to get teenagers out of bed in the morning/turn off the screens/leave the house. Or: How to find the emotional energy to better look after myself/learn new skills/manage time better.

[@DamienTalksMoney]

I would love to research and present other topics I often think about this. But finance is my background and I am so blessed I get the opportunity to earn money from talking about it online. The one around motivation speaks to me. If I helps I struggle everyday to motivate myself, it as constant battle and I don’t always win the fight. So please don’t think your alone in this.

[@Rusty924]

Entartaining and useful! Finally some fresh finance content. Graham Stephan should learn from you!

[@AshJun17]

Great content. Different from a lot of the other finance you tubers and thought provoking. Love the research that you put into these.

[@DamienTalksMoney]

Lovely feedback! Glad you think I am different from the other channels as my main aim is to be unique

[@eleanormarshall455]

Came for piss jokes. Left master of my own destiny. Recommended ⭐⭐⭐⭐⭐

[@lauraallen9591]

I love your videos so very excited for your goal of more this year 🙂

[@viramann]

I'm loving your commitment to more videos. It really helps nudge me in the right direction 😊

[@markboweringphotography4408]

Thanks for all your videos. If my children ask about financial advice I now point them in your direction. Keep up the good work.

[@h418lfc]

Great now i need a pee. I am going to make commitments to my financial future, i have one more year before I'm debt free then all those payments are going to be divided between my sipp and etf isa.

[@daverichardson6490]

Very entertaining - loved the humour element!! Laughed out loud at some bits

[@jamiewild7980]

Entertaining financial advice, finally 👏 🙌 Subscribed ✅️

[@cheshirehomebrew]

Damo, you'd better knock them videos out or I'll never forgive you. Keep up the good work, Cheers.

[@wolverine6104305]

I've committed to increase my cash reserves to 30% of my income, this is so that, I can make better use of my other savings and don't have to consider them as cash reserves and thus not invest them in ways that mean i don't have ready access.

[@MrAlexanderGoff]

The money envelope to go to Utd cracked me up. Great video 👍

[@ValorousDefined]

Brilliant video mate, really gets the point across in an easy to watch way

[@EngineerTurnsToInvestments]

Damn Damien, you don't miss! Quality content mate. Incremental changes is the way to go and i've said to myself i'll assess my KZbin progress after i've created and posted 100 videos! I hope I can provide 10% of edutainment as you do..

[@omarzjakhtar]

Great video and a lot of food for thought for how i handle my finances moving forward!

[@Just_Dave_Mate]

An interesting and well researched video, only negative was how much I laughed at the urine luck joke 😂

[@DamienTalksMoney]

I was so happy with myself when that came to me

[@anthonynorman1234]

This video was a golden shower of useful information 🚿

[@Alan_Duval]

I'm disappointed in myself at just how funny I found all of the visual gags. I mean, I pissed myself 😂

[@CheeseSteaksJimmy-g4l]

Atomic habits is a great book that is on topic for this video. If you haven't, definitely read it!

[@Thatsamorehouse]

Great information. Thank you for sharing

[@MickyOTW]

your pension spreadsheet was brilliant btw

[@DamienTalksMoney]

Thank you for this feedback took me a while to put it together so its great to hear it was useful

[@MickyOTW]

@@DamienTalksMoney when you look at other non-default options it's a no brainer, your video gave me the confidence to click through and get it changed / kick up the a**e.

[@AndyM134]

Ill try and explain this to my wife, shes always bloody nudging me, load the dishwasher, clean the car etc

[@Clown_world_2024]

Always great content damo ✌️

[@Àdhamh_Fife]

Great video as always Damo. Entertaining and informative, thanks so much mate 😎👍

[@leewilliams1008]

From Erdington and you’re a Man City fan? Villa is just down the road. Great video again Damo. Thank you. Lee (Great Barr)

[@DamienTalksMoney]

My step dad (who was born in Manchester) was a heavy influence on me when I was younger and he took me to city games we were terrible back then but that was the team I watched.

[@Ubberswagg]

Just discovered your channel, thanks for that great content ! Cheers from France.

[@ArminHasitzka]

LOL Damien, I love your format! 😁 Already looking forward to the next one!

[@JohnProblem]

Bloody brilliant Damien

[@Casualclips17]

I hate that everything is becoming sub based because I don't participate in it, I don't want to. I want to own my things and make the decision for myself when I want more giving me more control over how much I spend and not at the mercy of the providers. Great video as always thanks

[@Radictor44]

mmm lucozade...

[@dondarkblade1460]

totally apeed with the video Damo the book atomic habits is also good for getting the aim right.

[@whyyoulidl]

Thx Damien; I'm in 👍🏿

[@tiger131071]

I think I just watched a watersport video by accident. I like how you even worked Man Utd's Old Toilet ground into it 🤣🤣

[@Life_Literacy]

Love your secret sauce fella 😉 cheers for intel and guidance 👍🏻

[@prizmik]

Great video as always, it really follows the flow (:

[@garrettrinquest1605]

I came expecting financial advice. Instead I got a psychology lesson and I'm here for it!

[@lh4394]

12/1/25 80 videos best of luck I have faith you'll smash it, maybe make a playlist folder called 80 videos for 2024 or something that way it'll be easier for you and us to keep track. And that way we can give a nudge to remind you. Luckily you get an extra day to complete it this year. Yeah I signed up for donating my organs before the law changed while I was giving blood well i won't need them

[@stefanreeves7219]

Absolutely smashed it 👌

[@pamdave6140]

Great first 2024 vid

[@scottporter2513]

Should have had an affiliate link for the toilet stickers! I’ve just bought some! 😂

[@DamienTalksMoney]

This is legendary 🤣

[@LiamR90]

A book called The Automatic Millionaire is meant to be really good. I've never read it but it's on my list.

[@jb-hg4us]

The piss on the toothpaste was hilarious, it got a bit old after that. Great video though, keep up the good work.

[@mikejames4540]

Great stuff! Highly amusing. I wonder if the language can be adapted to help? I watched a KZbin video before Christmas which was talking about the success rate for people helping with particular tasks. According to the video (I’m sorry, I don’t know which one it was or the creator), it reckoned that there was a 20% greater chance of someone helping if the word created an action: “I’m looking for helpers” was 20% more effective than “I’m looking for someone to help.” Someone else might know what the video/film was/is. ‘I’m a saver of 10% of my salary,” rather than I’m going to save 10% of my salary.” I don’t know. Just throwing it out there… I wonder who the biters will be…. (Rather than, I wonder who will bite…?) 😀

[@Dihedrals]

Personally I find the best thing to do is split finances into 50% for bills 30% saving and 20% on things I want. This is segmented down again but using this system allows me to increase my savings in line with inflation as my wage goes up yearly. If I saved anymore I feel I may be sacrificing too much but I imagine as I get older this will change as I’m only 21. Thank you for all the financial advise I have opened a SIPP which I will be contributing to along side my work based pension that I will be contributing up to the match amount. I am only young so I have taken your advice to be more risky with my investments at this age and favour bonds less. I have just started my financial journey but hopefully I won’t be struggling when I’m old!

[@hachimaru295]

I doubt u will struggle with that mentality . Crap gets in the way - along the way to derail u . But above all else Einstein didnt call compound interest the 8th wonder of the world for nuffin .

[@danthelambboy]

These nudges don't necessarily work when implemented everywhere. Drivers may slow when they see unusual white lines in the road because they don't know what they are and are figuring this out, it is distracting and it makes it harder to see the lanes, it may be that they slowed but are they driving with an increased awareness of everything or are they distracted and potentially worried making them worse drivers? If they are implemented everywhere drivers learn the skill to just ignore these markings and drive how they feel is safe. If nudges are used they should be variable everywhere and they shouldn't detract from something.

[@andrewhill9513]

Great video, a dull subject made memorable and really quite funny 😂

[@UltraMegaSandwich]

Im just here to shout out the Mysterious Girl cameo. Laughed out loud 😂

[@DamienTalksMoney]

Come on move ya body

[@markfindlay8636]

I hope you get your bladder problem sorted.

[@everglowmedia477]

Straight up truth and some of those pee shots had me creasing 😂