8 Adulthood Tasks No One Prepares You For

[@jordanbalke]

1. 0:39 Getting started with investing 2. 3:05 Choosing a health insurance plan 3. 4:07 The cost of being in a wedding 4. 6:55 The time it takes to keep your house clean 5. 8:39 Doing your taxes 6. 10:48 Trying to find home items 7. 12:50 Buying a house or property 8. 15:22 Combining finances with your partner Dang am I feeling a lot of these lately. This video was a big reality check for me

[@MohiniDabarwal]

Thank you for listing these! I hope you succeed with the ones you are struggling with.

[@mysweettsumelody]

BLESS YOU SO MUCH

[@Animefreak242]

The MVP

[@nomipyar]

Same here. Whew! - adulthood came fast.

[@ellax325]

The investing and the insurance plan are still confusing for me.

[@BubblyViolin11]

Death is another one. My mother recently passed away and the amount of work that goes into figuring out estate, finance, and other matters is more than I was ever prepared for. And this is WITH a living trust/will in play. It's even more complicated when there isn't one.

[@shannon2748]

I'm an only child and I am definitely not going to like this if I live longer than my folks. It will all be on me, and I am single and poor.

[@BubblyViolin11]

@@shannon2748 yup, that's me rn. Not fun....

[@Erica-en2qz]

I'm sorry for your loss. I can relate. When my mother died, I was lucky to have my dad and aunts to help, but it still was amazing to me all that had to be taken care of by people who are in mourning. I always said I would be like my grandmother and plan everything out so my family has fewer decisions to make. I need to get on that.

[@thirzeweemhoff882]

In holland we have a class explaining all the financial stuff you need as an adult. It is called business economics and it has a part explaining investing, taxes and all other personal finance things.

[@butterflymoon6368]

wow. wish we had that in the uk.

[@Daedalus33]

We have economics classes in American high school but people either don’t pay attention or don’t take it since it’s optional

[@MusicMoodsAI]

okay but is that mandatory curriculum or an elective? that makes a difference. I took Accounting, Family Planning and Entrepreneurship. None of those were mandatory, only had just enough students to run and even those classes were brief and included a lot of bad boomer advice from the teachers lol so no wonder I wasn't prepared for half this list in Canada.

[@elodiei.5087]

I live in the Netherlands l and have never heard of this class. Where do they give them and when were they introduced? It doesn't sound like they're accessible to everyone.

[@alfamaize]

FYI- there's an audio fault at 7:59 to 8:05 where the voice is actually from earlier in the video and not talking about household tasks

[@jwlgoesfishing]

I really thought I was having a stroke lmao

[@cutelatina00508]

Yeah I was like "compound interest... On cleaning tasks?" 😂

[@alfamaize]

​@@cutelatina00508 I first double took when I noticed that the words didn't meet her mouth. Like an old movie.

[@carmilmercedes3855]

@@jwlgoesfishing LOOOOL!!

[@KrupaHebbar15]

Phew I thought my phone was possessed, okay it's not just me

[@maxineyang1332]

One of my relatives just registered for a marriage certificate and went for a honeymoon lol No wedding, just a vacation

[@1MegArbo]

Not a bad idea!

[@mellodees3663]

My fiance and both sets of parents are just having a really nice dinner this Saturday and turning in the paperwork on Monday.

[@DiamondNestEgg]

That's the way to do it - maybe they'll have a dinner when they get back with everyone if there's any $ left over!

[@maxineyang1332]

@@DiamondNestEgg Owh they bought snacks and gifts for us when they came back from their vacation

[@DiamondNestEgg]

@@maxineyang1332 At least that's something!

[@hbanana7]

I've been advocating for a school for adulting, which teaches you various skills: ironing, cleaning, mowing, fixing basic machines, raising children, taxes, and so on. I especially advocate the need for such a school bc I had to grow up really fast, and also for men (who *generally* leave housework for their female partners)

[@1MegArbo]

I think they should teach this sort of math in school. Because how many people *really* need algebra, trig, etc in real life? They don't.

[@katefriend4085]

I plan to teach my kids these things, but agree that someone should teach this stuff for kids whose parents forget, can't teach it, or don't bother... And high schools used to teach a lot of this stuff, but now don't. For reasons...

[@yoursocialmoth]

Guess my mom did her job because I can do all of this. Do kids not have chores anymore that helps them learn the basics??

[@arielaava2102]

@@1MegArbo Just like physical exercise is important for the body, the mental exercise is important too. When I did algebra problems I always thought that it exercises the analytical part of my brain and helps me to stay more sharp. I do agree also with they should teach more life skills as well in schools.

[@tfa4782]

This is a good idea for you to start even on youtube, "The Adulting School"

[@hanasikova8634]

I recently realized the paradox of housework - a lot of us feel very hopeless with it and like we are doing a bad job. But we forget that housework itself used to be a full-time job! Either it was unfortunately unpaid labor (the wife expected to stay at home) or families, and not only extremely rich families, hired help for a lot of housework (the history is more complicated of course, I am mainly sourcing from a central-european historical perspective). My point is that the shift towards "I gotta do it all myself" is pretty recent (either out of necessity or ideology) and we should definitely not feel bad if we are not perfect at it or hire someone to help out with some tasks (it doesn't even need to be that expensive). One of my personal money goals in the future is to be able to afford this help for tasks I absolutely hate doing.

[@beddythecorgi4269]

I think it depends what period you're looking at. Doing laundry was an all day thing in 1900. Doing laundry in the good "old days" of 1994 was as easy as it is today. Cooking used to take hours. Now you can pop into the grocery store for a rotisserie chicken our grandparents would have considered a special Sunday meal in less than 10 mins.

[@LoganAllec]

no friends so never had to worry about being in a wedding

[@alexanderacosta911]

That seems worse

[@laurenconrad1799]

I feel this comment so much right now. Lol

[@afz5355]

@@laurenconrad1799 same

[@kiarameakem]

Same 💀

[@shannon2748]

No one has ever asked me to be in their wedding either, not even family members. haha

[@mdctenga]

"Mama TFD is here to take care of you." *snap* I felt this on a spiritual level.

[@samanthak9078]

same

[@spyscy]

Imagine having $500 a month to invest at 20 😹😹😹 ya girl was still in community college

[@Sam_371]

I was making barely enough money to pay for basic necessities through most of my 20s.

[@Meloncov]

Yeah, if I'd saved as aggressively as possible starting at age twenty, I'd have accumulated (including the effects of interest) maybe five thousand dollars by twenty five. And it would have taken a massively larger sacrifice than catching up once I was earning decent money. The point of these demonstrations is to emphasize the importance of starting retirement savings as soon as you can afford it. But taken literally, most of them are wildly unrealistic, and gloss over the marginal utility of money.

[@ratchschleuczynski9821]

$500 a month is super unrealistic, esp starting in your 20s. They should have an example where you save $100 starting at 30, which is much more realistic.

[@spyscy]

Definitely, I understand the point they’re trying to make: 10 years of compound interest does a LOT. I think a more realistic/better example would be starting at 30 years old vs 40, or even 25 vs 35 (if you don’t have student loans to worry about).

[@janellentim]

We spend money on frivolous things

[@runaway21]

The cost of being a wedding (as a bridesmaid) is definitely something that needs to be planned for. I'm from the Midwest, and even though my friends have all tried to be as considerate as possible, I haven't spent less than $1,000 on a wedding. Yet, I bet all the brides would be shocked to know how much I spent. Everything adds up fast.

[@meisupergirl8720]

Thats insane, $1,000 for someone elses wedding!

[@ask4982]

Yep, it does add up very fast! I’m glad though, that over here in Norway at least, lots of people these days just go and have a quick paper signing ceremony at the town hall, a nice dinner, and that’s it.

[@julissadc6303]

Side note on the prenup thing: the staticstics of half marriages ending in divorce is pretty outdated these days, I dont remember the exact number but it was less than 35% now, and 40% for couples with more than 7 years age gap

[@Meloncov]

Also, the percentage of first marriages that end in divorce is substantially lower than the percentage of all marriages that end in divorce. The handful of people who divorce three+ times throw off the average.

[@scarpfish]

People are marrying later and marrying smarter...💒 ...and sometimes aren't getting married.

[@TheAlexis123987]

3 years of TFD and I have grown up so much with this channel. Thank you for making the transition from university to working life easy. I had so many questions on how to live and you have guided me to a life that I am very happy with 🤗🤗🤗

[@meisupergirl8720]

Same! I feel so much more aquipt after watching these videos 😁

[@geraldmcmullon2465]

Last wedding I attended I had to fly for over 9 hours to Pune. The time before to San Francisco. Spending a whole month in another country to treat as a holiday. The airlines made a bomb out of the SF wedding with over 1000 guest from Canada, UK and India flying in for the week. Together we could have easily bought the couple a house out right.

[@ABetterYouEm]

9. Being the person who has to catch the spider and put it outside once you have kids 🕷️😭

[@cbpd89]

Truth! Being within touching distance of a spider is perhaps my least favorite part of life in general.

[@9159bsbs]

Friendly bug vacuum and release has been a game changer!

[@MagdaNarima]

LOL

[@afz5355]

@@cbpd89 lmao same

[@nordette]

Fuck the spiders its the house centipedes for me 🥺😷

[@george-and-gracie7996]

Concerning the furniture (and this is applicable to other houshold items). I totally agree that you should invest in high quality, long to stay things that don't necessarily need to be expensive when you buy them seond hand as soon as you can. However, there is a caveat. I lived in both in a student appartement complex and later in a shared appartment because I could not afford more. Flatmates wouldn't always be carefull with my stuff. Sometimes things would even suddenly disappear. Having cheap easy to replace items was often a sensible thing to do in that context.

[@hollysmith7828]

As a non US person, the health insurance point is nuts. I just go to my GP and maybe pay £8 for a prescription?

[@dannichs1995]

It's totally mad. Watching something like this always makes me realise how lucky we have it. In Wales prescriptions are free, but it means that people actually abuse the system to get a free 40p pack of paracetamol...

[@DiamondNestEgg]

We lived in London and Frankfurt so long, I forgot how expensive all the meds can be when we got back to the US 😱

[@uhohhotdog]

The US is a third world nation with a flashy car

[@QuixoticFunambulist]

@@DiamondNestEgg Even buying my medication privately in the UK was surprisingly less expensive than the NHS rate. I don't get how US medication prices are hundreds.

[@DiamondNestEgg]

@@QuixoticFunambulist I know - we lived in the UK for seven years. In the US, much of the high drug costs are due to monopolistic pricing on brand name drugs. You have to ask for the generic brand, which not many think to do because they don't realize that's even an option + how much it can save them!

[@akreeger7742]

Thank you for touching on home items and house cleaning!! These were the biggest surprises. I remember rug shopping and wondering why they were so expensive!!! It's totally ridiculous. Even lamps, are way more expensive than I thought they would be. Really wish I would have known about it earlier!

[@ellax325]

Ohmygod, yes this! I didn't know that can openers didn't just come with homes? Or buying a mirror? Such innocuous things I never thought about before.

[@kathrynmercier4874]

Curtains too! A decent blackout curtain is like $50 for EACH panel! And god forbid you have a lot of windows...

[@barvdw]

that's why I go second hand... And don't have a rug, I find laminate flooring easier to clean and just as warm. But yes, I bought my first lamp shade only after 8 or so years of me living in my own apartment... Could have done it earlier, but I am a bit lazy with decorating.

[@turtlescanfly7]

Omg this reminds me the gorgeous $40 lamp from Target that I was desperate to have in college. Didn’t even include the lamp shade. I ended up getting the broken display one a month later for $11. The part that is broken holds the light bulb so it doesn’t hold still but kinda wobbles. I still have that lamp as a victory trophy and it still doesn’t have a lamp shade because of the wobbling 😂

[@macmarge]

"I think most of us in our young adult life at one time or another were taken way by surprise when we realized how expensive certain things are." My personal confounding includes kitchen trash cans... what on earth? They're just plastic. -maggie.

[@zucchinigreen]

Same. Why are they so expensive?

[@chelseacohen3465]

I once spent 50 on a trash can because the one before it broke after like 2 weeks...my partner and I joke that the trash can is going to be passed down for generations and generations 😂

[@TheRealE.B.]

I got to take a personal finance class in high school, but it was a Catholic school, and the teacher was just a crazy lady who was friends with the principal, so mainly we were just told to invest in multiples of 7 based on the Bible and that tax evasion is good, so...

[@michellesc0711]

So many "yessss" moments! I'm always wondering where my time goes after work and so much of it is simply household-related adult responsibilities. Running to the store to pick up toilet paper, shopping for a good deal on a needed item, driving out to the ATM & then pick up location for item found on FB Marketplace, on top of wanting to spend time with friends, and then personal unwind time. So many things I learned on my own but yeah it would've been nice if someone just gave me a heads up.

[@bluejedi723]

Things no one prepared me for: how to rent an apartment. Yea, it's easy to sign on the dotted line...but..... no one talked to about the location of the apartment in relation to the nearest public bus stop, (if I ever needed to rely on public transport for some reason) and location of said apartment to where I work, the fact some landlords want your income to be 3 times the rent, should I find a room mate, the basics of landlord tenant laws (because almost everyone has that one shady land lady story....) and just because your supposed to get your deposit back when you doesn't mean you actually will.... Also, no one taught me what are money market accounts (and do I need one?) selecting the right back account, the difference between a credit union and a traditional bank, and its never to early to open up an IRA account even if I can only afford to put $10 in it each payday.

[@DiamondNestEgg]

Location cost to public transportation is so important - we made that mistake as well when we moved overseas!

[@TrueMusicGirl5]

The deposit thing is horribly real...

[@alwaysyouramanda]

Lol yeah I’m kind of losing my sh-t at 29 with no hope of living alone.

[@afz5355]

What’s an IRA?

[@bluejedi723]

@@afz5355 my bank explained it to me. Basically, it's retirement account. I opened mine with $100, and I put $25-$75 a month in it (what I can afford) and it grows. If I withdraw money from it before I'm 65 1/2 (I'm 41 right now, opened it a year ago) The IRS will murder me with taxes. After a certain age, I can withdraw money from it without tax penalty. My local bank was awesome setting me up with the right kinda of IRA account for my current situation. Heres a link to more info:www.bankrate.com/investing/ira/ira-how-it-works/

[@marilyntucker1099]

The wedding situation is real. I was the MOH in 2 during the same year, and I think the grand total was $4,000.

[@larag1764]

I didn't learn any of this at school and my parents were not good with finances. I learnt alot from books, newspaper business sections, elders in my workplace and mistakes along the way. Stay safe and best wishes from Australia 🤗

[@DebtFreeDee]

Yes 😳 all this! Retirement investing "rewards being lazy", love this! And you are keeping it 💯 with factoring in domestic duties and preparing your taxes. The 1st time I prepared mine via TurboTax years ago was very eye-opening. Another great vid!

[@inaleighjohnson2813]

I need a whooooooole video on #8 / getting ready to combine accounts.

[@avantikad.4899]

Now this kinnda big sister talk is all i want👍

[@JazminBautista]

We all need her 😭😭

[@evannmarielaird4963]

Thank you for continuing to mention commingling finances with a partner. This was NEVER something I considered and it took so much getting used to. Additionally, the expected norm is to combine bank accounts. After several months of blindly trying this, my husband and I were frustrated and discouraged. But we felt like it was embarrassing to split the bill when out with friends or Venmo each other for expenses. Finally, we gave up and now mostly bank separately, with the agreement that we can both cover what we’ve agreed as “household expenses.” What matters is that we’re happy, secure and WE NO LONGER FIGHT ABOUT MONEY.

[@CantStayAwake]

I bought my house just before my 23rd birthday (27 now). They literally give you the keys and say, “go have fun.” Boy have I learned a lot...

[@Lillith.]

I recently bought an armchair and I found an amazing one. Brand new I found one at almost €700 for a basic option. Looked a bit further and found the storage where outdated and second hand/vintage pieces were stored. I got an armchair, side table, and closet for €500 total. My apartment got a significant upgrade for very little. I also made sure it was stuff I would keep long-term, so when I move I won't be throwing it out but packing it up and taking it with me.

[@lij2015]

You really had me until the housing cost breakdown, which is just so not feasible in today's economy for the majority of people. I'm lucky that I live an incredibly affordable area with my long-term SO, and therefore meet that rule. But I feel like that logic has been around for so long that wage stagnation has just completely canceled it out

[@YunnieLuff]

Totally agree, that 30% tip limit for mortgage is laughable nowadays for most people (and I'm in Canada), especially including tax, interest, renovations, and utilities. This is only possible unless someone lives in a highly affordable area far outside of a major city, or if someone makes real good bank at their job, which often takes many years if not decades to get to. To be honest the only people I know who own property at that 30% rule got in decades ago when it was cheap or they make a lot of money and are close to retirement (notice both are boomers). Most of those that I know who do own are up to their necks in debt without an emergency budget, but hey, they have a house/condo. Wages have barely crawled while everything else has skyrocketed.

[@eshah3060]

Even though I'm almost 40 with two kids I find so much value in your channel! So proud of you Chelsea ❤️

[@OctaevBeats]

This video should be renamed "8 things we should have been taught in school, but weren't".

[@shannon2748]

Instead, we were mostly taught Illuminati garbage like what did George Washington do in such and such year? Who cares?

[@YestoHawaii]

8:49 Complete agree! Taxes should definitely be part of the basic education system just like investing is. The first time I did my own taxes was so overwhelming. I didn’t know where to start, what I could write off and the amount of detail that is required. It definitely got easier each time I did my taxes and some apps I found definitely helped me keep track of expenses for tax time. Gotta pay the taxes or... “your a** will actually be thrown in the clink” 😂

[@dermalcompass3943]

And here I was, at the ripe age of 25, just discovering how to pronounce “innocuous”

[@mayp6760]

After being a bridesmaid I’ve told my friends and family that I’m not gonna have a bridal party. I just want everyone to enjoy being there

[@karolynanderson2033]

I wish I had Chelsea telling me this when I was 20! (I’m 30)

[@JazminBautista]

ME TOO 😭😭 if i would have found her earlier it would have saved me so much

[@Veeyah19]

Yep. Fumbling through all these things in my 30s 🤦🏾‍♀️🤷🏾‍♀️

[@raspberrycat4186]

I'm 22 although I live in Poland so most of the numbers or tips don't apply to me. However I really feel the part about financial 'trauma'. I'm from quite a well off family, sadly my dad who earned a substantial amount lost his job half a year ago, I grew up with him being very strict about money - basically I knew we had money but I wasn't allowed to spend any. So now I have a mixture of being really cheap, buying only the cheapest products, searching for every coupon and sale and at the same time constantly making wishlists and feeling the urge to buy more and more to fill that void

[@hanasikova8634]

I feel you! I think a lot of us growing up in the former Eastern block have this weird relationship with money - my parents (mom from Czechoslovakia, dad from the USSR) don't come from particularly poor families, but grew up in general scarcity. And they raised me in the attitude of "do not throw things away, do not spend frivolously, etc.". I sometimes feel the American "frugal" behavior is just our "normal" 🤷🏻‍♀️

[@derekandlindsey-millionair9562]

As a mama, maintaining the clean home takes so much time! Honestly, sometimes it has to go by the wayside, but really, you have to set time aside to really get your house clean or it'll never happen. I also have one of those clean freak mamas haha -L

[@akreeger7742]

I did too, and I had to break quite a few habits when I finally moved out, and it's also why my mom doesn't come over as much as she wants to

[@lavayuki]

I live in a country where healthcare is free so no one has health insurance and have only every been to one wedding my whole life, which was small and costed me only £100 as I was just a guest and not bridesmaid. I always wanted to once, but all my friends are already married except me. I was surprised at the cost of furniture and also things like fridges

[@aamm347]

Love your decor as always. You have a knack for it! Great vehicle

[@kikiunika0102]

I learn the wedding one 3 years ago when one of my closest friends was getting married, when I did the math it was just an amount I could not pay so I ask to do my hair and make up in some other place so that I can save some money, my friend decline so I made the desicion of not been on the wedding. Thank God we are great friends y she understood perfectly :)

[@anaerobic]

I was in two weddings and only spent a couple hundred for each including dresses/gifts/transportation. Not sure if I was lucky..or missed out on a good time... 🤔

[@Bailey_Jennings]

Can you do a video on choicing a health care plan and explain things like Maximums, co-pays, and reasons why you might choose one plan over another.

[@ILiketoSayYeehaw]

I just turned 20 and I so want to make good money choices

[@jessicalt4121]

Check out or purchase the book, The Only Investment Guide You’ll Ever Need. It’s been around forever, and is updated regularly. It’s good.

[@flufftronable]

I can't believe a bride wouldn't pay for the bridal parties gowns

[@katiegriggs9825]

Oh cool, my employer sponsored a video of yours! I work for UHC (kinda disappointed by the insurance plans they offer me in WA, but there are a lot of other benefits that offset my frustration with the insurance coverage, plus I'm lucky to be young and healthy).

[@oliviagreen8853]

Careful with 2nd hand furniture, bed bugs and cockroaches are terrible to get rid of

[@MagdaNarima]

This is all true true true! I had to learn all these myself, adulting. If I knew all these earlier, my adulthood would be much more efficient. 🥺

[@mingmangmung3051]

Omgggg so true about the first point. I’m already making money and it’s just a few weeks since I first invested. You won’t know until you take that first step

[@dbartz5510]

Great "life" information! Sharing with all the young people I know! Thanks!👏

[@elodiei.5087]

I'm 30 and recently bought a brand new bed + mattress for the first time in my life. It pained me to spend 1600€, I never realised that beds could be so expensive, and this was relatively "cheap". My desk, chair and bathroom closet are the only new furniture I've ever bought. On the other hand, it made proud that I was even able to save and spend that amount of money without struggling financially afterwards (it was an unplanned expense). Well, at least I can wake up and live life without being in pain 24/7.

[@scarpfish]

One adult task I don't wish upon anyone, but nonetheless has to be done by somebody. Being your parents caregiver/power of attorney as their health fails and lives near the end. While its an honor to try and give the people who put you into this world a dignified final chapter, its hell dealing with all the bureaucracy, esspecially when their savings runs out and you have to apply for government assistance. Which brings me back to Chelsea's point #1. Start investing EARLY.

[@cbpd89]

I bought fabric and patterns for my bridesmaids. All of the could sew or had a close relative willing to sew for them (namely, my mother and mil). It cost them $0 to be in my wedding, and really didn't cost me much either. They certainly had to put in some time and effort, but not money. Is that better or worse?

[@Eva-cc5xo]

Budget weddings are the way to go! I think asking someone to buy and wear a specific dress is not just problematic because of the cost, but also because all the bridesmaids might have very different body types - much nicer to have dresses made for them or to ask them to choose a dress in a colour palette. Or don't have bridesmaids at all!

[@cbpd89]

I agree. If I were to plan my wedding now, I would give everyone in the party color swatches and say of they'd like to match they can wear something in those colors. I had extra incentive to have a budget wedding, my parents said they would give me a certain amount to help with the wedding and I could keep whatever I didn't spend 😁 which was extra nice of them because I was really poor. Not an option for everyone, but man did it keep me to a budget!

[@Deci_Bella]

I never understood how the bridesmaids are just expected to spend so much. For most of my 20's I was completely broke living paycheck to paycheck and even an extra $100 of expenses meant the difference between paying and not paying some bills for that month.

[@bluexroses414]

I never realized how much money it takes it be a bridesmaid. I’m grateful that my culture doesn’t do weddings this way (though some have started to take on elements of Western style weddings these days).

[@allyshimmer]

I’ve being in over 10 weddings as a bridesmaid and over 30 weddings for Asoebi (which is where wedding guests pay for and wear clothes the couple choose). If only I could get that money back LOL.

[@thelovelyemilynicole9676]

Totally related to the cleaning task. Whew, so glad that my fiancé is much better at that than I am.

[@DiamondNestEgg]

You're lucky! I wish the rest of my fam was like your fiancé 😂

[@jessicalt4121]

I’m not scared of investing, I’m scared of losing money right before I retire. I don’t have the funds to lose a lot, and wait 10 years to make it up.

[@underyourbreath331]

Right? And who has $500 to put away monthly?? Try more like $50, and even then it won’t be every month.

[@JazminBautista]

That’s one of my fears as well

[@Eva-cc5xo]

@@underyourbreath331 And especially at 20, when many people are paying tuition fees, have no or only a low-paying job, and maybe even student debt!

[@akatobi2002]

Thats actually a good point.

[@kathrynmercier4874]

@@Eva-cc5xo Right??? That's more than half of what I make in a month...I'd be lucky to put $10-$50 per month.

[@leighcain7258]

Add learning how to budget so you are not over spending and getting into debt. Really difficult to get out of to.

[@krislatoya7556]

I would like to find this 6% or even 8% interest in my country. Right now my insurance is a measly 2% interest and accounts are 0.1 to 0% interest smh

[@ColleenJoudrey]

I'm 35 and can honestly say that every wedding I have attended in the last 15 years, I was a bridesmaid or MOH and never was able to spend less than $1000. Someday I would love to just be a guest.

[@nadadoesnothing4062]

I would add to her list and say that another important adulthood task is learning how to say "I'm sorry I can't" or "no". The only person who's wedding I will be in in the future is my sisters. I've done 2 weddings, and after my 2nd, said never again, with the exception of my sister. XD

[@mikeg9b]

I can't agree enough with 0:58. If you feel the need to pay attention to your investments and make decisions based on market conditions, you're doing it wrong. Automate monthly contributions to a low cost index fund or ETF like Vanguard's VTI and you're done. That's it.

[@rachelannezaragoza5855]

Damn no one really prepares you for these tasks forsure. Chelsea has a great tone that makes the conversation easier to digest

[@katieeliz12]

The wedding stuff is so true. I got married this year and I would be damned if i was going to make my brides spend over $100 for dresses they are not going to wear more than once. Azazie all the way!

[@errinwellman1960]

So weird but my husband and I comingled our finances right away. Looking back, that feels crazy. But honestly I'm glad we did.

[@alejandratapia1677]

Prenups are so interesting to me. In the US sometimes they are even seen as a sign of distrust. In my country we just have different marriage contracts. Either you get married having "individual assets" or "merged assets" (which is useful if one of the partners will only work as a house maker, for example).

[@casebeth]

I can't stand wedding parties. I said no to a handful of bridesmaid spots. It was outrageous

[@spoopedoop3142]

Re:Taxes. Most people just need to fill out a 1040 or 1040EZ. If you download the instructions and read them, they tell you "compute this to get the correct answer". Most people also spend 3 years in algebra (Algebra 1, 2 and College Algebra), most of which is repeated material. These algebra classes are taught as "do this to get the correct answer." I will never understand how someone will complain about not knowing how to fill out a 1040 with a high school education. If you know that "the quantity less 2000 [dollars]" is expressed as "x-2000" then this shouldn't be an issue.

[@kb-fd5do]

i don’t know why i always assumed the cost of the bridesmaids’ expenses were covered by those getting married... i guess because weddings are so astronomically expensive i thought that was part of it lol.

[@TimeForTola]

Could you do a video about investing in Europe? I love the advice you give but it seems like a different system over here!

[@barvdw]

The problem is, when it comes to investing, there isn't a 'European' system, each country is different. Pensions are different, housing is different, taxes are very different... The basic principles are the same, however. Compound investing is the same everywhere, the earlier you start, the better. If there are tax deductions you can take advantage of (like saving for retirement in a special fund), you should do that as a priority. And unless you can spend a load of time following individual stocks, your best bet is a mutual fund, or a couple of mutual funds. The other tips are mostly compatible to Europe, except perhaps marriages (again, this might depend on the country), I haven't been to a wedding where I had to pay several hundreds of euro to attend, renting a tuxedo is not very common but for the closest of family in my country (Belgium), women just wear something festive that can be worn on other occasions, and wedding gifts are on average between €20 and perhaps €100 for closer friends and family. I paid to stay in a hotel or stayed with family because I don't have a car, and who wants to leave the party at 9 to catch the last train home, but most will just drive home, because they rarely live more than perhaps 100 km away, which is quite typical for smaller countries.

[@maitequijada5173]

Your content is always useful. Thank you so much!

[@r3lativ3lyd3lib3r8]

Ngl I thought I was hallucinating at 7:59, like damn, Chelsea is trying so hard to get me to invest that I hear her advice at random intervals 😂😂

[@ninachrone]

I dunno... I love me some cheap couches. When you've got young kids and pets, it's not nearly as bad to have to replace a $500 couch that smells like pee than a $2000 couch. 🤣

[@klu222]

I love buying second had on offer up. My husband and I found two free Ethan Allen chairs that were $300 per chair brand new! We got these specifically for extra chairs for Thanksgiving and Christmas time. They were such a steak!

[@futoijosei]

Ironically, most of my furniture is the same from when I was in my early 20s (I'm turning 30 next month). I have only added 2 or 3 pieces and they are all solid wood. I have a lot of books so I need really solid furniture.

[@kimberlyduarte9371]

Thanks mom 🥺

[@miekeduwe6602]

Loved this, as always. But the housing cost point feels a bit out of touch for most people in this economy.

[@mikeg9b]

I was fortunate to have free health care for the 20 years I was in the Army. Now that I'm retired, I pay $25 a month for TRICARE Prime coverage.

[@TheRealE.B.]

Feedback: 1. Please no on the "Baby!" 2. Consider bookmarking videos into sections in the KZbin player with timestamps in the description. The progress bar will literally be segmented, which helps with finding a section you want to listen to again. This neat trick was suggested to me by one of my own subscribers, but only a minority of channels actually use it. 3. I think I've mildly criticized your advice on hiring a professional to file your taxes before, and I think the qualifications you're giving to that advice now are very good and reasonable.

[@jfsimone14]

I have been in 7 weddings, as a bridesmaid or a maid of honor, and I have to save at least $3,000 per wedding since I have to travel across country. Extra money rolls over into the next fund 🙄

[@dehn6581]

It'd be great with Chelsea's experience if TFD covered tax and financial issues of having a non-American spouse and for 'US persons' living abroad - what with the 4-yearly time period of people saying they're planning on leaving and the issues FATCA, FBAR, and GILTI are having. It would fit well in with #8, when the financial implications of marriage should be considered, as well as pre-nups (and divorce has been on downward trend for many years in many areas, there is always a bulge after 'no-fault divorce' comes into effect and those with 3+ marriages or large age gaps throw off the numbers when looking at most people. It's more like 30-40% depending on area and most people's demographics).

[@Eduardo-cr8ri]

I've been learning woodworking because everything I want is out of stock in IKEA for years. fun times

[@pedroportillo1585]

9. Losing your friends because you’re single and having fun, meanwhile they are married and their wives don’t like it when they hang out with you because you tell them all the things they can’t do anymore 😆

[@kathrynmercier4874]

Doesn't sound like a nice relationship honestly...

[@pedroportillo1585]

@@kathrynmercier4874 I was thinking the same thing. Oh well, married life I guess.

[@clairewillow6475]

I want to hire someone to clean once a week at my place once we get out of “red zone” with corona cases

[@lilyyoung1002]

Thank you for this video

[@noralykeller-terbijhe264]

As someone living in the Netherlands, paying $1.000 euros which would be like €900 here just to be in a wedding sounds absolutely absurd.. I understand that because we live in a small country we save money we would have to spend flying etc but other than that? I can imagine buying a dress for the occasion but that you would maybe do just being a guest as well 😊

[@vidhibchheda]

Even though I live in India, I found the video really interesting and informative. Looking forward to more such videos in the future👍

[@Simon-je7ko]

Mama TFD. Your funny. I really like your channel. There is too much stuff too clean. But if I turn off the lights. Now nothing more to clean. If it's dirty, I remove my glasses. I am not going to clean all day long. My wife and my kid are like two twisters or hurricanes. I give up! A wedding is great. Wait! Wait! The Mother in law. OMG!

[@volvoblues]

Even now that had to do taxes in two countries, it seems simpler than in US. I can't understand why it's kept so complicated.

[@himaureen]

Thank you 🙏

[@Viking_Modo]

imagine being able to afford putting away $500 a month at 20. Can't relate sadly. I do still put away automated smaller amounts every week though and have since i was 18 thanks to the knowledge TFD gave me :)

[@kristina_lynn]

The investing young makes sense, but how are we supposed to be able to invest and also save up for a down payment on a house? :( I live in a high COL market and 20% down on a starter home is $140,000 so I've spent years saving instead of investing, idk how I could have done both! Or is the invest early advice for people who aren't planning on buying a home?

[@Meloncov]

Investing doesn't just mean retirement. If you're planning on buying a house within a few years you probably don't want to put your money in stocks, but something like municipal bonds funds will earn you a non-trivial amount of money with very little risk. But as for retirement vs down payment savings, you should probably be putting at least some money towards retirement from the start: www.moneyunder30.com/save-retirement-or-down-payment-house

[@MeiLegg]

I was unprepared for how expensive cheese is

[@JazminBautista]

We should have been taught how taxes work! Why wouldn’t the government want us to pay 🤨

[@Icy-E]

Looking good in blue

[@TheEmilyFoolery]

In the UK the bride pays for the bridesmaids dresses and hair/makeup etc.

[@vvkouna]

Thanks for this info! Where is the link to the primer on investing by Amanda?

[@TB-rx1ue]

“Whoopsie! I forgot to bring $2 to the corner store” 😂 😂 😂