18 Things That Are A Complete Waste Of Your Money

[@TaeKimFinancialTortoise]

► Try Playbook - Develop Your Most Tax-Efficient Investment Strategy: www.helloplaybook.com/taekim

[@lalalou123.]

SUBS ?????????????

[@faithyou2682]

Lottery tickets, gambling, convenience stores,try playbook, designer baby clothes, clothes that you don’t like,under used subscriptions, bank fees, high investment fees, credit cards fees, peak price for hotels and airfares,international phone charges, too large home does not fit your lifestyle , energy leakage, water leakage, car does not fit your lifestyle, overpriced alcohol and beverages in restaurants, gift that was not appreciated, degree does not pay well

[@deadringer-cultofdeathratt8813]

Spoilers bro

[@PsychoSpit]

Thanks . I was watching in 2x

[@briannab5296]

Ty

[@T-swizzle08]

Luxury watches

[@earldriskill3505]

I disagree with him about getting a 4 yr degree that doesn't pay well if one wants a college education. It can be an eye opening fun experience, even though it's going to take work. A experience you can't put a price on. There's always graduate school and or going on to some other type of learning to qualify for a job that does pay well.

[@ZacharyMichaelsJr]

Oh man, #5 rings so true for me. Whenever I went shopping with my mom and I found something I liked, she always asked me: “do you love it?” I still do this to this day and my wardrobe has slowly filled up with quality items that I absolutely love. Great video, great advice!

[@nicodimus2222]

You had me at "A car." Even if it does fit your lifestyle, a car is a black hole for money. Unfortunately, unless you live somewhere with reliable public transportation, you'll need one for most situations.

[@luananana4679]

PEOPLE have life situations that require that they have a car. I need my car to visit my mom 40 miles away who is in a nursing home facility (who has dementia). I go twice a week. I would love to catch a bus it would definitely be cheaper than putting gas in my car and car maintenance, but there is no bus line that goes that far.

[@FactsMatter999]

I think he means a luxury car like a BMW. It’s insanely expensive,depreciates quickly and the price of repairs are also insane …

[@altitudeiseverything3163]

@@FactsMatter999 Or a large, expensive, gas-guzzling 4WD SUV, when you never leave the asphalt of city or suburbia, or drive in snow. Silly posturing…

[@picketf]

There are options: car sharing, motorcycles, electric scooters and sometimes I even succeeded with a foldable bike & bus combo. People often leave out gas, car insurance, registration, parking, cleaning and maintenance costs and vehicle depreciation when calculating expenses for a car. It all ads up, so even car rental can be a cheaper option for short periods of time.

[@azroyazhar4481]

Motorcycle

[@BrentCox2B]

For me ; 1. Smoking (Horrible, I know) 2. Starbucks 3. Tech I dont need(Overly fancy TVs, gaming equipment, etc.) 4. Ordering out too often

[@briannab5296]

Smoking for sure!

[@myaccount9498]

At least u are honest Brent! U can't change what u don't acknowledge 💯

[@ahmadalalwani5176]

For me it's none of them

[@Gizamalukeix]

Those really aren't that bad when you compare them to what most dorks waste money on.

[@cranjismcbasketball2118]

air is a waste of money too... im no longer buying it!

[@glazersout4272]

Agree so much...soft drinks at restaurants are such a waste of money and most of the time, they're not that cold which makes them less enjoyable. I nearly always just get water.

[@cjhoward409]

Or they fill the glass with all ice ! Crazy !

[@luananana4679]

I only get a pop if it's free refills. It's a hundred degrees and I'm dying from a craving for a "fountain drink" Coke! I also keep Coke at home which helps me resist the urge to buy one!😉🤔😂

[@nielsB_FPV]

*Cries in Europe where you pay the same amount for water*

[@picantepollo6238]

I mean to me going to restaurants period is a waste of money lol I only go maybe a couple times a year somewhere usually by pressure for something. And I never thought stop thinking “wow I could have bought almost a weeks worth of food with the money I spent on that bill.”

[@BradleyMaurice226]

Great video Tae! While living in an apartment complex, I noticed many residents driving new cars. Instead of spending $500 per month on transportation, I chose older vehicles and saved the money to buy a house. Now, as an active duty service member with years of investing experience, I have a stagnant $160k portfolio and seek financial advice to improve it and maximize returns.

[@KimberlyFlores-kr1bz]

Love your plan, seems ill try saving too. but you didn't provide detailed information about your portfolio makeup. However, I recommend seeking guidance from a financial advisor for a well-informed portfolio restructuring.

[@RichardGeorge-pz3wm]

Well, try reducing the risks in your portfolios, reinforce core holdings, and take profits while balancing allocations. Although managed portfolios may not perform optimally, consulting a fiduciary financial advisor, which has worked well for my wife and me, is advisable. Our portfolio has grown to $1 million over six years using this approach. I live comfortably with this

[@BradleyMaurice226]

Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and i am interested in investing in stocks.

[@RichardGeorge-pz3wm]

It would be very creative to find financial planners who can help you shape your portfolio, like Becky Lou Gordon. There are going to be challenging times ahead, and getting through them will require careful personal money management.

[@BradleyMaurice226]

Thanks for this. Found her and looked through her credentials before contacting her. Once again many thanks.

[@happyinapa]

I love how pragmatic you are-and how quickly you get into your content. The other thing that’s a waste of money is excessive mortgage interest. If your interest is higher than what you can earn in the stock market, pay down the principle. I regularly throw money at my principal, and get immense satisfaction with calculating how much money I saved by doing so.

[@realheckbit]

I understand the point about not buying clothes you aren't excited about and can't wear right away, but the best time to save money on clothes is buying out of season. Get a flannel in march when they go on clearance and you'll wear it in november.

[@ericolens3]

exactly you WILL USE it. It's just cost averaging of your annual budget.

[@liam1902]

Absolutely great advice! About a month ago I got some nice long sleeve shirts for $5 each since it's currently summer so those were on clearance and heavily marked down. The same type of shirts that were short sleeve were selling for like $10-$12 each even though they were on sale so you save good money shopping out of season.

[@johnl9595]

Tae is a kindred spirit. I’m happy to say that I am 0/18 on all these wasteful things and actually am repelled by each one for the very reason that they are wasteful. Will go way out of my way to avoid them. A travel tip also: don’t go on vacation in a place or country where the value of your salary is less. It is so refreshing visiting a country like Vietnam or even Korea or Japan (with the exchange rate advantage) where you don’t have to really think about what you’re buying because it is at least 30% less. I feel rich there.

[@teacherfromthejungles6671]

well, pat yourself on a back?...

[@fredswartley9778]

Late fees are another source of wasted money. You can avoid them by paying your bills on time. The best way is to automate your bills so they are never late.

[@jul5385]

This falls under #7 - bank fees…

[@Sketches8]

What if I can’t afford the payment

[@myaccount9498]

​@@Sketches8 try a budget

[@artistjjebsen]

Surprised retail coffee didn’t make the list. It shocks me every time I see 10 cars wrapped around a Starbucks or DD waiting for 10 minutes, about the same time it takes to make one at home at a fraction of the cost.

[@f.avilla6383]

Agreed....but it's sooo good...lol

[@cjhoward409]

Lazy ! It’s a coffee cult

[@Whineboy]

Could not agree more. A pound of fancy coffee beans costs me $10 and lasts for a month.

[@thinkswrites7238]

True. I just love when Starbucks patrons park illegally to grab a $10 cup of sugar beans.

[@michael5089]

Never been to a coffee shop 😅

[@fopavirgiline4778]

Great video. You don't only understand finances but you are contributing alot to save the environment.

[@TylerG7777]

Tae, I absolutely love your channel and this was a great video. Agree with all of it! Unfortunately, some things are easier said than done. Especially with a wife and two kids that are not always on board. But regardless, we keep moving forward. Keep up the great work.

[@Sashas594]

19, marrying the person who has the same money mentality as you do

[@rafaelrobles5494]

This is a game changer in your lifestyle. Usually is difficult to find that scenario.

[@Trjlal]

Oh this is so true! I feel sorry for my little brother. He married a raving beauty that spends every nickel he makes. He will never have savings.

[@nathanielschwartz425]

Thank you! I’m so glad that there’s still people out there with common sense!

[@MrHandyDad]

Buy nothing but necessities. Food, shelter, transportation, etc... If you need furniture, telecom, etc.. get it used / sales / trade, etc.... Everything else is a waste of time & money. And ALWAYS CASH, not CREDIT !

[@kiditsmaug]

Sounds like a wasted life.

[@Pihlalorjoone]

@@kiditsmaug amen!

[@jamalecar4790]

​@@kiditsmaug It is if there's no saving for the future

[@Fabyskan]

​@@kiditsmaug Its a falae understanding. Its about Not wasting Money If Not needed. So you have more to spend on Things that gives your Life value. So you Money for that vacation you Always wanted to or you whatever fürs your lifestyle

[@travelnomad2128]

I use credit card all the time for the rewards. I've redeemed hundreds of $$ of money back for using it for necessities like food, utilities, travel, etc and I pay in full every month so I don't incur interest or late charges. Be smart & disciplined.

[@tommyatkinson7312]

Another one is food waste. Track how much food you’re throwing away one month and adjust your purchases next month to try to minimize your waste. You’ll probably find that you can save a lot of money by avoiding wasting food.

[@foodguy3435]

Great idea!

[@ericolens3]

ADJUST HOW YOU STORE FOODS. rather than buying fruits and veggies and storing them in a fruit bowl for display at room temp. Use a fruit bowl in the fridge. I now buy 2 bags of each: apples, madarin oranges, pears every month with minimal shrinkage. heck the bowl cant even contain the fruit but I have to go to another city since my local grocery SUCKS at stocking produce. (they treat it like regular canned goods, set it and forget it, rather than culling their rotting produce.)

[@AdrienneFreeney-vh8jn]

Get out of my head. I was just thinking about this because I am guilty of this and am working to do better. You are right. 🤜🏾

[@deano6912]

Food waste is huge. Average person wastes 30 percent of their food purchases.

[@SveticLana]

I make a grocery list, helps me a lot on saving.

[@AdinPremiumCarDetailingCenter]

The fact that nobody talks about the forbidden book Scarpure money speaks volumes about how people are stuck in a trance

[@KrazEWillY]

u a bot?

[@karenrobertson1944]

Each to their own. Just because you are enthralled with it, doesn't mean it should be everyone else's guide.

[@ealxele]

@@KrazEWillY Yes.

[@citronmonet294]

Gotta be a bot. 1K likes and only 3 comments 🤔

[@BrentCox2B]

Never seen this many bots popping up before!

[@BigYouDog]

Not only are restaurant soft drinks massively overpriced, but the glass is half full of ice.

[@PrestigeLearning]

Some economists view gambling as a form of entertainment. The house advantage is the price of admission.

[@tecnocato]

Do they teach that at Gamblers Anonymous?

[@WilliamSkafast]

Yup. And so are lottery tickets. I spend about R$120 a month so that I can allow myself to dream about what to do with all that money. Compound it over 30 years, 5% return, and I can maybe buy a new car? Whatever, I'm already investing 60 times as much.

[@amandagish5976]

This is awesome, younger people need to really hear this.

[@ParkDari]

Always remember anyone posting on here about amazing monthly returns on your investments are scammers. Building your portfolio of boring ETFs takes time and it is years for you to see the significant earnings. That is why it’s called financial tortoise. It’s all about time in the market and by time we mean, decades. Decades of very boring continuous investing. Seriously if they were making all this money one, why would they tell you ?and two Why would they want anyone to know that they have this money and just set themselves up as a target for kidnap and robbery?

[@catawampuslife]

I didn’t experiment with individual scratchers; instead, I bought an entire roll of them, which cost about $300. It was challenging to convince the salesperson to sell me the whole roll-they thought I was crazy. The purpose of this experiment was to track my winnings and losses to see how much I would end up with. I maintained a detailed spreadsheet, recording each win and loss, the cost of the roll, and the expenses from the lost tickets. I even tried a second round with the losing tickets but never won anything. In the end, I broke even. It was a fascinating experience that confirmed you can’t easily win big-doing so would require spending far too much money.

[@noeditbookreviews]

I love the way you think. Breaking even is pretty fortunate! The odds of winning is written on the back of scratchers. If memory serves, most of the $1 tickets are 1:3.99 odds of winning anything. Don't quote me on that, though.

[@hatbpto5180]

I saw on a local news segment once some guy bought $10,000 in lottery tickets, convinced he would win the big jackpot. They showed him and a couple of other people at a table scratching them off. I don't think he won.

[@Silver-zf9rj]

That’s so true bro. Baby clothes gets outgrown fast.

[@itqitc]

stay outside the city and take the metro in. Easy and often cheaper

[@Silver-zf9rj]

@@itqitc good advice for most men. But not for women, I would say it’s to dangerous and I believe in equality 100% but the world is still dangerous so we must live according to what the world is, not what we want it to be.

[@itqitc]

I am a woman, i take the metro into NYC all the time from CT. I’ve never felt scared or nervous once. Just be aware of your surroundings. Women for sure need to be more vigilant but it shouldn’t stop you from living. I hope you are safe wherever you are located.

[@itqitc]

@@Silver-zf9rji also replied to the wrong comment :) I have no comment about baby clothes.

[@FDNRunningandMotivation-ws1hd]

Also, save all the money you can and then die and don't even enjoy anything...where have we seen that?. ..everywhere all the fking time...just enjoy your life, be responsible and remeber money as it is is created to FLOW not to sit there somewhere

[@jtcimd872]

Best comment

[@johnsfixton8857]

Economy is a virtue, avarice is a disease

[@drsallymanderchoi]

Hi, Tae Wanted to say I recently found your channel and have really been enjoying your videos! You present really high value information in a direct and digestible way :)

[@ScooterOnHisWay2024]

I found it pretty funny that the 1st ad that rolled during this video for me was for a local convenience store.

[@Adventuride]

I also have a kid. Besides that a kid would grow fast, they won’t remember that and can’t even tell if that’s wonderful clothes except the “ego” of their parents. A comfy and looks good is enough. They need more of attention, care, playing and learning with the parents. 5:15

[@Divinenubian]

Great video. Thank you.i was spending 5.00 a day on lottery tickets instead of coffee ☕️

[@TheRealStewman]

I agree with pretty much everything except for gifts, the alternative of spending money on an experience filled trip tends to cost way more than a gift. I do think you should cater to someone’s love language but experiences are a slippery slope just in terms of saving money.

[@miahthorpatrick1013]

Number 16 made me clinch my whole body a little bit. I get the worst looks from servers, managers, family and friends when I pass on soda and alcohol every single time at restaurants. I get water without fail. It’s insane how much of a waste of money it is to let them charge you 3.95 for a 20 ounce glass of soda with ice cubes filling 3/4 of the glass. 😮

[@melissalee1709]

I agree with most of these, but as a teacher at a tiny private school, I'm definitely not making much, but that is not why I chose the profession. I went back to school in my late 30's and have never had student loans. I teach for the kids and have learned to be more frugal so I can afford to do it.

[@bjwilliams]

Retired public school teacher. Switch, higher pay, benefits, great retirement for life. Nationwide unions for all 50 states= NEA, state union CTA_ California Teachers Association. 😅 money is everything for a good life_ and still love the students ✌️💗😎🌴.

[@cUser691]

@melissalee1709 Thank you for teaching. You are imparting knowledge and encouraging future poets, scientists, medical professionals, artists. Mad respect for your work as a teacher. 🪴🙂 Greetings from Chicago.

[@loft27ss]

Great work! It should be the highest paid profession considering the value you add ❤

[@salmaba3229]

That’s why Islam clearly mentioned and prohibited in Quran Gambling, Lottery ,wasteful,and encourages spending in Poor people to keep money moving with all types of people which lead to increase production. Thank you for sharing your knowledge gentleman ❤❤❤❤❤❤❤❤❤❤

[@Sketches8]

You can only control yourself, it’s hard to control those around you and how they spend

[@drizzypuffs523]

Going out to eat on weekends is a money scam. Instead go on the week days because of the lunch deals.

[@noeditbookreviews]

I get that people enjoy the experience, and it's good to support the businesses, but I feel the concept of restaurants in general is not worth it. I would totally understand if someone doesn't agree though.

[@rcmg4013]

Who goes out to eat on weekends with the main purpose is to save money?

[@clayvano]

I disagree a little bit with the number 18, getting a degree that does not lead to a good paying job. There are plenty of people who get good degrees and still struggle. And there are plenty of people who get good jobs despite having a degree that is not considered a high paying one. The difference often is whether they spent the time outside of school to acquire a skillset to get a well paying job. For example, getting a math degree can turn out to be extremely high paying like in the quantitative finance field. But a math degree will usually not teach economics and finance, so people interested in that need to cultivate those skills outside of the classroom. At the same time, it's possible to get a math degree and struggle to get a job because the only resume item that person has is their math degree or there isn't a high demand for that degree in the person's area, or many other reasons. A lot of people think that a degree should be an easy ticket to a good job but in my opinion that is not the full picture. You need a degree plus the right location, a professional network, and the skillset that companies are looking for.

[@lisah336]

You're right, but researching cost vs opportunity is a reasonable consideration.

[@Pihlalorjoone]

@@clayvano As far as I understand it: the point is not to NOT get a degree, but do some research into the chances of work with the degree. Nothing is certain in life, but getting a social degree is lowering your chances whereas with a degree in a technical field you raise your chances. So do not get a degree that has a low chance of getting a decent payed job.

[@peterhildebrandt2827]

Nowadays perhaps the absolute best investment is going to a trade school for something in great demand. Often these occupations pay for your schooling while you are working. I agree with the commenter above. For me going away to college was life changing. The costs were minimal at a state university and I learned to be flexible, realize that there are a lot of different people and ideas out there. Majoring in computer science could be a waste due to rapidly changing technology.

[@aceofspades9503]

I will add that a solid general degree can give you basic skills and will give you the little piece of paper required to clear the door past a certain income level. Just remember that a degree isn't a free pass- you still need to network and leverage opportunities as they come.

[@angellover02171]

The best investment is going to Community College. An associates degree is free though Pell grants. High school students can take classes and get high school and college credit at the same time. For high school students you might still have to pay for the classes but it will be much cheaper and ther are organizations that help you pay.

[@badlydrawnfox113]

I agree with pretty much all of these, but I will always play the lottery. Not to excess, just my and my wife's numbers 2 times a week which basically costs around £200 a year total (UK based). Yes that £200 in 10 years could be £2k and with compound interest yada yada it could be worth much more... But i already save quite a bit and a flutter every week gives me hope of an early retirement.

[@loft27ss]

It is called infantile magical thinking. Instead learn to invest like adults do

[@Yetitrader33]

Restaurants are able to make a profit because of the markup on alcohol and nonalcoholic beverages. For many, the food is a loss leader. When I go out, I expect to pay up for drinks. This helps restaurants stay in business and helps ensure that I receive good service.

[@Trjlal]

I agree with you- if you know you’re going to go out to dinner and you’re willing to fork over the money for it- I think it’s ok. Just understand that it’s a once in awhile splurge.

[@petermartin9494]

Thanks for paying for my meals.

[@yvonneachieng6742]

Its up to an individual to define what is a waste of money i.e. we all value different things

[@christopherqueen3194]

Baby clothes: garage sales! You can get loads of clothing for pennies on the dollar.

[@STOG01]

Ask around at church events and similar. People gladly give away kids clothes if they know they'll actually be used by someone.

[@Tarantulisimo]

take a look at social media -- people are living lifestyles just so they can post pics: designer kids clothes for babies or for first day of school, eating at restaurants just to post dinner plate photos or receipts, taking vacations just because you've just gotta travel to impress friends & fam...it's become performance art. "hey it's summertime: gotta find a way to get some pics at a beach or on a boat"

[@loft27ss]

❤ do not have social media apps on my phone😍

[@bombon825]

❤ thank you! Another astrologer, whose name I cannot recall, spoke about aligning the hours of the day to the natal charts for planning purposes. I believe the rising sign and first house we aligned with the sunrise hour.

[@lisabudd5979]

Convenient stores called servos in Australia, mark up there prices to exstream...no one actually really will shop there unless your traveling . 1 red bull sml can $4.10 a chocolate block $8.00 milk $7.00 $5.00 bread

[@Geemeel1]

Great show, Great tips, thanks for the handy PDF . 🙏🏽

[@monikalenz2559]

Nissan Leaf? Not a good idea! Our Leaf battery lost charge capacity so fast that we had to get rid of it. If you research the issue with the Leaf battery you're going to be surprised to find that the company knew that the battery would degrade quickly in hot climates. They tested the car in the Arizona desert which resulted in fast degrading but failed to pass that information on to the customer. A class action suit caused many Leaf owners to get new batteries. Maybe you live in a cool climate and haven't had that issue? Our next car was a Prius. It did much better but it used gas with only EV assist and got 50mpg.

[@mkpshay]

Spot on. One of the best lists I've seen on this topic.

[@Jack_Clemans]

Great video! No fluff just right into it. Keep up the great work!

[@Theweeze100]

Great advice! I subbed!

[@matthew_cramer]

I watched one of your videos before bed, and although i wouldnt consider myself a high earner yet, I realized that your advice on savings and debt had such a lasting impact with me I decided that subscribing was a no brainer.

[@shosmyth1454]

Thank you for your help! Good Channel!!

[@DrAsqueroso]

Thank you algorithm for bringing me here. Rob your an inspiration!!

[@bethearl8686]

Excellent video. All this should be taught in high school. A class in financial savvy should be mandatory! One thing you forgot was the Starbucks effect.

[@trmnatr21]

Great B roll footage duder;. Your channel is getting better and better.

[@mattie9481]

So many things wrong, buy lotto tickets when jackpots are high, I’m sure anyone who won hasnt said it’s a waste of money. Buy clothes out of season on sale and wear in season. Usually a good savings.

[@tecnocato]

Please do share when you win the Lotto se we can confirm he is wrong.

[@Tarantulisimo]

actually buying lottery tickets when the jackpots are high is worse odds than buying when jackpots are low -- still astronomical odds either way

[@mattie9481]

@@Tarantulisimohow is it worse? You might wanna think about that one. The number of possible number combinations doesn’t change. Odds are the same if it’s low or high. Just the payout is bigger when the jackpot is high.

[@mattie9481]

@@tecnocato please do share the incredible life changing savings and financial advantage you have by not buying lotto tickets

[@Tarantulisimo]

@@mattie9481 The odds are astromonical regardless -- but when the jackpot is high & it leads directly to more people playing. Of course the number combinations don't change in that regard, but the overall odds to tend to get worse for an individual as more people play -- that's gambling 101 son

[@chiefs816kc]

9:27 I want to plan an NYC Christmas 🎁 🎄 season vacation. The hotel prices are outrageous.

[@PickleNugget]

Stay in New Jersey and just commute you'll save a lot.

[@danielalamilla8080]

I bought a Camry for commuting back and forth. When I need to do a field trip to the mountains, I rent a truck.

[@traivon3760]

I have to disagree on the formal education. I have a nice job and went back to school simply for education purposes. If you have the money (a tool that allows you to live a certain way) and want the education for personal reasons then it's not a waste of money.

[@treluvstrees999]

Excellent! Thank you

[@mannya_realtor]

Banks Fees are a COMPLETE waste. Please make sure you’re not giving the banks anymore of your hard earned money.

[@ThePecanTan]

Solid advice here, however I do feel differently about home purchases, as most of us who live in the suburbs do so because the homes are significantly cheaper and the quality of life is better.

[@dwalker6868]

Thank you for the information

[@AllenManor]

Only place I buy a fountain soft drink is Costco food court -- 59 cents including refills is as much as I will pay. At other restaurants, we get water. At home, we drink filtered water or canned seltzer water (usually about 30 cents/can when on sale at Costco).

[@nikij.6058]

It’s 69 cents at mine!

[@AllenManor]

@@nikij.6058 You might be right, I think they raised the price maybe.

[@merrywalsh2809]

lol, I won’t buy sodas ever. Bad for your health, teeth and wallet. Totally useless.

[@ryanlight1013]

Ahhhhhhhh can’t afford it!!

[@franciscocruzjr5721]

What I also do not spend my money on is CIGARETTES!

[@loft27ss]

No tobacco and no alcohol in my family❤ I do buy books thought 😊 Dave Ramsey, Vikki Robin, jl Collins

[@amandagallacher8173]

On the energy efficiency topic, I have a really old GE freezer. I mentioned I may want to upgrade to a new one and our appliance repair man said DONT. The newer models are more energy efficient, but breakdown after only a couple years. He said I'll easily save way more money holding on to the older more durable model. He's also my bro so I trust what he says 🤷

[@katja6332]

I stopped going out for eating and buying coffee to go. I really feel it in my bank account 😂 cooking is not a problem and I eat healthier. Should have done it earlier :) and I did the Mary Condo thing, putting all my clothes in one room. I stopped buying new clothes because I really can wear a different dress every second day 😅 I stopped buying books because I still have a lot unread. I stopped buying decorations because I have enough, it's just fun. Being satisfied with what someone already has is a mind changing experience in a capitalism based society. 😂❤ I don't use credit cards neither. And I don't have a loan but I have to pay the inherited debts when my mom died.

[@BriNathanCollins]

I just won a bike at a free raffle at my work. It was awesome, but I will never fall for the lottery.

[@lew708]

I do play lotto but I only buy one number at a time no matter how big the jackpot. I play because even though the odds are great, someone almost always wins which is why the jackpot is not usually very big because someone wins. Can’t win if your name/ number is not in the hat.

[@tecnocato]

…still wasted money. He’ll be wrong when you win.

[@peterkoh5632]

No 16. to solve the root cause of the problem is not to even go to restaurants in the first place. Once you step in and in the bigger scheme of things, a glass of soft drink is just a fraction of the total cost.

[@argreg04]

Know what else don't worth it? That David Lynch style haircut.

[@amaisterrena]

I only disagree with the last one, to me a degree is more than just something to make money. Great video

[@egagnard]

As long as you give it value intrinsically, it's already worth more.

[@garen8460]

Amazing. Thank you

[@JO091715]

Great stuff!

[@tserenchimedaltangerel7498]

Good advice love it

[@Aritul]

Thank you so much for this video.

[@earldriskill3505]

I agree with the majority of what you said about wasting money, but there's some things in life even though, they might be a waste of money, buying soft drinks in a restaurant for example, is something I wouldn't do without. Even if you just eat out once or twice a month, or less. It just helps to round off life, make it a little more enjoyable. I also don't think it's always necessary to try to be 100% efficient in not wasting money in other areas if life, example, buying an ice cream cone, going to a state fair, go on a vacation, it comes down to keeping a budget, and living within your budget. There's also more examples of what can be considered wasting money. Buying a brand new car, you'll lose thousands of dollars in depreciation the first couple of years, yet someone might think, I never owned a new car in my life. I want one and I'm going to buy it. Fine, just keep it for awhile to get your money's worth out of it.

[@loft27ss]

Agree with you. ❤these small pleasures won’t lock you wealth but big leaks will( mortgage, new car, credit card interest). I do spend on garden, books and self education . And little treats as I pleased:) I

[@FrOsTyBeArKiD]

How do you carry cash or do the envelope system when you buy things online? Like Amazon?

[@youtube-critic]

For number one I think a better phrase would be "you can't lose when you don't play".

[@paul78399]

Great video and advice thanks tae

[@frozenburrito9313]

when an Asian tells you how to spend money, listen

[@haydenskilton]

Very sound advice Sir , much the same this side of the pond 🇬🇧

[@hairybax]

Another chanel that tells you , what to do or don't with your life😊 I got to see less you tube more movement😊

[@Sar0]

Except extra hold hair products

[@henrycook6376]

I spend a lot on entry fees for running races. 5k, 10k, marathons. So far this year ive run 13 races and plan on at least 6 more!

[@johnacosta5625]

Buying exspensive Audio equipment & then selling it for half the price due to never being able to comprimise & accept what you already have.....

[@drizzypuffs523]

Sometimes convenient stores has deals, and sometimes making a trip to the grocery would waste more gas than save money.

[@johnzemetra6106]

Shop ARC or Goodwill for clothes, especially for growing kids.

[@EliasCollado]

Always so insightful. Thank you and keep it up!

[@ricopedrajrs]

A lottery ticket is gambling, but it only costs a buck or two. And people do win. I know. You also win by matching just two or three numbers. Have a bit of fun, especially since some of the money goes to charities, etc. Check what the gov't says it does. If someone washes dishes for a living, it could be a little dream that gets them through the day. Two bucks or whatever. Enjoy your life.

[@picketf]

the thing is with todays options you could just get etorro or any other app that allows you holding fractional shares. Invest that 1-2 bucks in dividend stocks and be earning fractional dividends in proportion to the invested money. If you must gamble just choose a high yield etf or reit... at least you'll get your 10% return. Might not seem much but if you occasionally put $1 in fractional shares you can build the same proportional portfolio as a millionaire. The expense ratio might not be the same but the fact that you could do it is much more thrilling than occasionally matching 2-3 numbers in the Lottery

[@peterl2767]

Great content 😊😊

[@Alexandrite-kl6ti]

I have won thousands on the lottery. I am not hurting by spending $2 on lottery tickets every other week.

[@sampletext5956]

Don't listen to the haters, keep gambling 💪

[@Ardante11]

My dad said to always keep 10K in your checking and over 10K in your Savings. Then you can play every now and then or when a jackpot gets too big to resist. In 2018, I won $18K and I always participate in my office’s lottery pool. There’s power in numbers.

[@merrywalsh2809]

My mindset has always been “no one is going to separate me from my money.” I have my bs scanner on 24/7. The list of things I do not waste money on would fill a novel. The list of things I will waste money on will not fill a ten item “to do” list lol.

[@honeyvulcanjoys]

Then put a list out. Put a video out.

[@sauravbasu8805]

Bring on that short list then.

[@blackketstormman]

10seconds into the video you reminded me to buy a lottery ticket, thanks!

[@osvaldgergo6445]

I live by all 18 things, and I have some money in the bank. Some people may think Im broke, but no thanks I rather have bucks on my accounts rather than showing off.

[@SnackAttack77]

My God do not rent if you can help it! You're paying someone else's equity at a markup and are just throwing money away

[@Chris-td8mr]

Your god, sometimes rent is better, because it depends on so many factors😊

[@SnackAttack77]

@@Chris-td8mr give me some of those factors

[@uwe1969]

Thank you sir. I got some new ideas

[@OmgAuntySuzanne16]

1. I play a $1 scratchy and so far I have been on the wins ($1 or$2) on the same ticket for 3 months!

[@Playingwithproxies]

Designer baby clothes is right ahead of designer clothes period

[@ryann8348]

Thanks for tackling education. We need to destroy this notion that a college education is something besides a career enabling tool

[@VirginiaHapa]

Great video