Unpopular Finance Opinions

[@miabarnett2452]

You’re absolutely right! Those billionaires in the $800 shirts spend their money on luxuries and conveniences like private chefs, nannies, security, etc. If coffee is your luxury, enjoy it without the guilt!!!!

[@LifeAs_Kiki]

Yessss! I love this ❤

[@rashawnjohnson6851]

Your 100% correct it's funny because people will say "oh look he's a billionaire and drives a Honda just like me" that maybe true but the mofo lives in a 37 million $ mansion.and has 8 million $ wrist watch collection. 😂🤣 people can't hold 2 thoughts at once I swear most don't see nuance or read through lines well Lol.just because he/she doesn't spend money on cars doesn't mean they don't blow money just everyone else.they just like anyone else choose to spend money on what they like.for instance if I were rich I wouldn't spend money on cars,planes jewelry but I love fragrances so that's something I'd spend quite a bit of money on.

[@mariahsanders8895]

I just posted a short on my page making a simple cup of cold brew and was saying in the caption that I find luxury in the simplest things as such. Everybody’s “luxury” is different.

[@beatricerights]

Exactly! Warren Buffet rides around in private jets and has multiple homes. He just happened to have kept his first home but, its not his only home.

[@BerusJ001]

👏🏿👏🏿👏🏿YOU CANNOT BUDGET YOUR WAY OUT OF POVERTY!!! 👏🏿👏🏿👏🏿

[@dogsalwaysbarkatbetamaleswoof]

Yes you can. You can get to low/middle class 🤣🤣🤣😂.

[@BerusJ001]

@@dogsalwaysbarkatbetamaleswoof low class is poverty, and middle class does not exist, not in the US at least, not anymore

[@BerusJ001]

@@Marshmalmom1993 how long is a while?

[@dogsalwaysbarkatbetamaleswoof]

@@BerusJ001 yeah

[@SweetEssie]

But you can budget your way out of debt. 💡

[@allimarieRISING]

I guess I feel like my home is an asset because I paid cash for it--no mortgage and I went from paying $1,750 in rent a month to $0 a month. The financial benefits of what "I keep" here is undeniable.

[@LifeAs_Kiki]

Ahhh! Congrats to you! That’s amazing and goals

[@NYSTyl]

What year you purchased your home and how long u was saving to do so!

[@FunandBudget]

@@NYSTyl I think her bottomline is you have to live somewhere so you can pay rent indefinitely or you can pay into a property that can have a payoff date if you manage it right.

[@allimarieRISING]

@@NYSTyl I purchased in 2022 and I got lucky! I used a lawsuit settlement to buy the home.

[@fdoctor79]

Congrats! This is my dream to pay for a home in full. Do not want to commit to a 15 yrs. - 30 yrs. mortgage. Tfs

[@AlexaLikes]

I'm taking this as a reminder. Once I finished paying off debt, there was a whole switch. I feel apprehensive about making new purchases until they are well thought out, but it's important to not live in a lack-mindset as you said. We have to remember to treat ourselves once in a while.

[@LifeAs_Kiki]

Definitely! ❤️

[@leishanalls8604]

I never ever say "I'm broke." I love the concept of letting money flow. It will come and go freely.

[@astablack1535]

The idea that spending money on my housing (renting) is throwing money away never made sense to me…it’s where I LIVE 🙄 If that is throwing money away then none of us can justify spending money on anything else imo 🤷🏾‍♀️

[@degraham9198]

Being frugal is good. Being cheap is bad. Just as an aside, I worked for a company that provided lunch. The cook was Ecuadorian, and she thought semi frozen fruit was a great treat. She would sit at my table and talk about it ad nauseum. Bless her heart. I hated it, but I ate it with a smile.

[@AJB861]

I saved over 50k in 4 years..this is after owning my vehicle. It doesn't just happen. It's a long term thing. Showing up, saving and yes saving does get boring but eventually you can do it. Yes, I watched a lot of Dave Ramsey just to keep myself motivated for this long term goal. After years it becomes a habit, second nature - you won't even have to think. There's no real answer because every situation is different. it's about discipline. I buy things with reason basically. I also made lifestyle changes but it wasn't very drastic. Only stressor is trying to find an affordable place. Id even settle for a town home honestly.

[@ACCOMPLISHEDSHEIS]

Hello. Emergency fund is for security. We all need that account. It’s a absolute must! Life happens and we need to prepare for it. In addition, you can also create a spend account, investment account, living expense account, etc. All banks allow you to create six bank accounts.

[@TheMichelex20]

I love all of your unpopular finance opinions. I would add stop taking financial advice from people just because they are wealthy. Just because a person has money doesn’t mean they know how to make others wealthy. A person could come from money, get lucky, have a different lifestyle or background and because of that have amassed great wealth. That doesn’t mean they are an expert in wealth building. As a society we give a lot of credit to people that have it all and exalt them to guru expert status.

[@LifeAs_Kiki]

Yessss!!!!!!

[@geadonnamoore2719]

Exactly.

[@phillipsbrings]

I've never subscribe to generational wealth..I would like to leave something for my family, but I'll rather enjoy my money. Happy new year to each and everyone subscribed to this channel.

[@godivabaker6622]

Man! I say all the stuff you mentioned all the time. I’m not going to deprive myself when I work everyday. Yes I’m paying off debt, but I can’t eat rice and beans everyday like Dave says. 😂

[@tiffanyholland2767]

I agree with you 100% on everything in this video especially about the housing market and people comparing themselves to billionaires. I hate when people judge regular people for having nice things. I think it all boils down to jealousy.

[@LifeAs_Kiki]

I agree! I’ve always said this

[@Bond_MrsBond]

I love the point you made about the billionaires “ we ain’t nothing alike!” 😂

[@Emmere]

When they say “renting is throwing away money” when you need a roof over your head to thrive? A lot of rich people rent because homeownership can be a headache and it’s a lot of expenses with upkeep and maintenance. To each his own, but this dragging of renters for renting comes off as projection sometimes.

[@SkyWalker-eg5rl]

Being homeless is far more expensive

[@shanishine38]

It's a huge projection. They overpaid for homes, and now the renters are getting gaslit day and night. Peer pressure should stay in buying Nikes, not for homebuying.

[@sbobii7023]

I renamed my emergency savings into freedom savings, it feels better

[@ashleyscarbrough1598]

I have absolutely no objections on this conversation you’re financially aware. I thank you for your insight we love it ❤

[@annsaeli7583]

GREAT video! People need to remember that even when a mortgage is finally paid off the bills keep coming. You still have to pay taxes. You still have to pay the utility bills. You must keep your house maintained. Renters might not know that ONE window can cost over a thousand dollars! The longer you live in the house the more upkeep your house needs. Houses ARE money pits. Rents can be crazy expensive and seem to be increasing at crazy pace. Study every angle of costs of living before deciding to buy. TALK to people for true-life stories. PS Mark Zuckerberg can keep his $800 t-shirts. That's just stupid to pay that no matter who you are!

[@HeavenTaylorWynn]

You spoke directly to me on the courses thing. I bought like 5 courses/books in the last year and I realized these people aren't giving me any secret sauce that I couldn't have figured out through experience. It's all marketing. You're definitely one of my favorite channels. I feel like you give practical realistic advice and experience without crazy fluff or making it seem like it's sooo easy. I wish more creators were like this.

[@KelcyPassportbyDesign]

I like what you said about credit cards. A lot of people lack self-control and haven't been educated on the best way to use credit cards. I love getting cashback for things I'm going to buy anyway. It's like free money.

[@jenshark4]

I agree with what you said about enjoying your money. I’ve implemented a windfall policy into my life. Anytime I receive a windfall I use my 1/3 1/3 1/3 plan. 1/3 goes to debt, 1/3 goes to savings, and 1/3 goes to spending. I found out that when I didn’t spend any of it I was miserable. You should enjoy some of your money even with this plan the majority of it is going to building wealth. And you still good to have some fun with it as well.

[@yogawithsamantharose]

I completely agree about the mentality about emergency savings & budgeting.... Also I buy all my cars off craigslist & FB Marketplace, which is a good decision... However I am a little bit of an at-home mechanic, so I don't recommend it to anybody who doesn't know anything about cars or doesn't have space to work on a car at home. I bought my current car 2 years ago for $1k cash and have spent less than $2k on parts/repairs since then. No car note... My unpopular opinions: 1) Buy cars off FB Marketplace/Craigslist 2) Don't focus so much on budgeting, focus on saving 3) GO INTO DEBT if it is the correct decision for you!(law school, grad degree, property ownership) 4) get TF OFF social media...

[@ezzy3109]

I love your logic behind the credit cards and home!!

[@truebeauty1106]

I like the idea of changing the emergency savings fund to just a saving fund! I'm going to rename my fund that, I use to feel guilty for pulling from my "emergency savings fund" although its literally money that i have saved to be used in the future! lol.

[@toddmaek5436]

Your channel is dope. Not only are you super relatable and remind of one of my cousins, I appreciate that you just let it fly whatever it is. Even if I don't agree with it, it's still refreshing to see somebody with some common damn sense doing the talking. Lol peace

[@LifeAs_Kiki]

Thank you! ❤️

[@melaniesmith1928]

I totally agree!

[@lanessiacarrington8283]

Im on my 2nd debt free journey. 🤦🏾‍♀️ I saw all that free money and didn't want my savings and checking amount to go down immediately so I used credit cards and kept using them and then Boom! Back in debt. Imma get out now that I know how and have the tools to do so. You live and learn right. I did transfer balances to 0% interest cards tho.

[@BreLJ]

Bruhhhh 😂😂😂 I couldn’t do nothing but laugh at the “I didn’t wanna see it go down by .10” literally me right now!!!! Wayyyy to attached to that number in my savings for the just in case that I NEVER use for the “just in case”.

[@LifeAs_Kiki]

Yes!!! I used to hate to touch it!

[@trentonsweat]

Great content! I always had the make more money instead of save more money mindset. Expensive taste problems lol.

[@jneworleans]

I love your mindset! Your "unpopular opinion" is popular, to me!

[@LifeAs_Kiki]

Thank you! ❤️

[@southernnaturalhairaffair7912]

You are so right about the cars! I had to purchase a new car in 2022 and I’m like I might as well get a new one!!! Same darn price. Love your videos!

[@Dmoney8827]

Wholeheartedly agree with the whole “generational wealth” buzzword being overused and used as a crutch to justify “present poverty”… also stealing that cliche.

[@roziebaybe1626]

Girl you are wise beyond your age👏👏👏 your videos are so different and make so much sense...also that *rich vs poor* dress code thing is so annoying and you are so right😅❤

[@LoquaciousPint]

It's wild that you referenced Picky Girl Travels The World because I was listening to her this week as well. Great video thank you for sharing

[@LifeAs_Kiki]

I love her!

[@her0807]

thank you!! so many things that you said makes so much sense. I’m never gonna allow myself to be okay with the bare minimum.

[@thehopefulbudgeter]

There needs to be a healthy balance that’s all it is. It’s definitely a MINDSET. ❤🎉 and I do believe there is such a thing as owning a home but also being “House broke” 🏡 reason why I would just stick to renting (downgrading) and just save that money for traveling. To each their own.

[@ragluxury404]

The “credit card” in our community has such a bad idea around it I’m glad I started to do my own research. Leverage them indeeeeeed!!! It will pay for a whole flight or groceries! 😂 ❤ #bewisetho

[@joebloe4491]

Rent will ALWAYS go up. The main advantage of a home is being able to freeze your monthly payment for housing for as long as you pay on it. Just ask anyone you know in your city that owns a house for over 7 years how much their mortgage is… I quite sure it is lower than the average present day rent in that city.

[@staceyjoseph9716]

Girl I love watching your videos. You talk truth I agree with you 💯. Keep up the great work Queen.

[@1MsParham]

Yesssss Kiki say it! I couldn’t shred my Credit Cards either smh. Please list your Top 5 most influential books of 2022. Happy New Year 🎉!

[@jasmineyoungblood]

Thank you for another great video 🫂❤️. I love how you’re honest about when something you thought would work for your finances doesn’t. That shows you’re open to growth and new ideas. I subscribed to your channels a few months ago and learned so much from them. #KeepGoingKiki you got this❣️

[@irismarie6515]

It’s hard to agree with the majority of this but I get it. Luv ur videos. The last part about the flashy person with all of the chains is always annoying because those are usually rappers and they have to look a certain way so I do get annoyed when people compare rappers with mad chains to a white guy in a plain tee. They have two different lifestyles.

[@riifill]

Hi. This is awesome. So glad i came across your channel.. Ily. Turning 29 next month and I have nothing in place at all even after years of learning about finance like your said.. your channel is helping validate my perspective so much. Thank you.

[@reneef.874]

I love this video. Thank you for breaking down the equity of the home. I’m not a homeowner yet, but with what you just stated, I can go into my first home with a different focus.

[@LifeAs_Kiki]

You’re welcome!!! ❤️❤️❤️

[@KSTEWARTXO]

Your thought process is dope girl! This was good stuff.

[@nessliestrife993]

Kikiiiiiiiiiii I’m sooooo tired of the generational wealth people and you know they’re outside here in Atlanta!!! 😑 😩 😣

[@LifeAs_Kiki]

This!!!! 😂😂😂

[@nessliestrife993]

@@LifeAs_Kiki you know what I’m talking about! Lol “I’m doing this for my grandchildren “ …… MLM

[@peachygal8856]

Chiiiiiile, I just put the video on mute as soon as they start talking about it 😂

[@nessliestrife993]

@@peachygal8856 heheheeeee 🤣

[@TheNurulaulia]

You know what, once I release my resistance on spending luxury things, the easier luxury things come to me. The more I maintain the broke mindset, I feel like my life is not in abundant mindset

[@godsgoodness7546]

Loved this video! ❤ could you talk about credit cards more in a separate video? Like when to pay off the balance so apr doesn’t kick in

[@raemaxey3401]

I agree with you 100%! Great content! I want to live my life. I will never just make money and never enjoy it. I rented for most of my adult life and it worked for me! I just become a homebuyer last year. I am a Dave Ramsey fan too and I’m very close to being debt free from consumer debt. I will accomplish that goal in April of this year and I plan on keeping some of my credit cards because I’m disciplined as well! I just make more money too! And I have a savings as well but I do not label it as an emergency fund. Thank you ❤

[@doncarleon4940]

"We're nothing alike"... 😂 I felt that

[@lanessiacarrington8283]

I agree with leveraging debt. "Rich Dad Poor Dad" said it best. ...🤷🏾‍♀️ I agree with budgeting. It doesn't help me save it just helps me reallocate the money I do make. This year I'm trying to live out of my "emergency fund" and paying debt with the rest.

[@pri.sci.lla.]

I totally agree with this video. Wish more people would have your perspective.

[@SweetEssie]

Only 2 objections. The rest is how I really feel, too!🎉❤ 7. I think the best purchase is a car that is up to 5 years old. A well maintained vehicle with a few owners and no accidents is better financially than buying new. 8. I think that the reason why you didn't like the idea of an emergency fund is bc of the name. My rainy day fund or financial safety net is in another bank that I hardly see. It gives me a sense of peace to have it. I loved this idea of talking about unpopular opinions in finance. ❤❤

[@ThePurposefulStoic]

Hi, I just subscribed! You are so right and you got me cracking up.

[@BetterNBetter]

Love this video! You’re so right about how you label and put energy into things. I also don’t call my savings an “emergency fund” it’s my investment account. It’s extra $ to invest in my business, education, travel, etc. The energy you put out is what you’ll get back so if you label it as “emergency “ the money will find a way to be used for an emergency. Be careful with your words yall ❤

[@thamisses4939]

Chiilleee you are so right…I be saying the same thing… That’s me need more money…I knew I liked you, raining day!

[@UneakTershai]

Literally not having a savings in general make you spend so much more money in the end. While I dont regret my bank loan I wish I had enough saved for moving out AND another car. Now Im starting over again which set me back a few months. Sigh! Cant wait to be out of debt for good and free up some cash. #JS

[@pearlperlitavenegas2023]

My house is an asset. I purchased it in 2017 it has almost tripled in price based on my neighbors sold price from 2 weeks ago. I'm saving 1000 per month vs renting, my mortgage tax insurance =$850 30 yr 4% fixed vs $1800-2000 in rent. I'm very happy owning 😂. I'm in Dallas. Rental/House prices have gone bonkers here.

[@CharadesTV]

It’s Me Listening To This While Driving Yelling “SPEAK ON IT 🗣🗣🗣” I Loved This Video lol

[@marcussharpley5654]

I've watched a couple of your videos and, oh my goodness, you're all over the place. Wow! Just so much to unpack here. They say fortune favors the bold but I wush you were more focused and stabile in the planning and execution stages.

[@LifeAs_Kiki]

And who are you? To where I need to take note? This video was no all over the place. If you watch my videos from them to now, you will see a drastic difference because my mindset has changed. I know the internet doesn’t like when people change

[@marcussharpley5654]

@@LifeAs_Kiki Good luck!

[@LifeAs_Kiki]

@@marcussharpley5654 yeah….

[@dwongalow1]

love the video. I disagree. I think people's lack of budgeting is the issue not how much they make. I know a few people who make well over 100k$ and have zero savings and keep racking up debt (and still go out partying). IMO budgeting is everything. Build that savings!

[@ACCOMPLISHEDSHEIS]

Preach. Not to mention, Emergency account is mandatory. It saved me from being evicted when I lost my job. Emergency fund is security and we all need financial security.

[@deedeesaidso5910]

thanks for saying that about buying a house. credit cards are life, I use my cards get my rewards and get gift cards. honestly I was like what is keke talking about with emergency savings and then it hit me. it took me 6 months to save 1K, and not even a week later had to use it to get my car fix, not saving for emergencies lol, its a mindset

[@hayjay1130]

Hope you are well ❤ can’t wait for more content 💖

[@LifeAs_Kiki]

I miss you all ❤️ can’t wait to come back with an update ❤️

[@Mikel17-z4z]

@@LifeAs_Kikithanks for responding to the comment cause I was a little worried. Love your content. Need more like you☮️💜.

[@LifeAs_Kiki]

@@Mikel17-z4z thank you so much! I hope you’re doing well ❤️

[@resa31802]

Homes are liabilities.... Small children... A headache... Rent!

[@LifeAs_Kiki]

Agreed! They not gonna like this 😂

[@resa31802]

In the past six weeks, we've had to replace the fridge, stove, water heater, and flooring in the master bedroom. Is this abnormal? No! All these appliances were purchased at the same time, so they should need to be replaced around the same time. But man... I miss living in an apartment and not having to worry about none of it.

[@irisxkae]

Emergency Savings tip seemed more of a personal thing. it’s always good to diversify your accounts just like your investments.

[@loveandjoy810]

I bought a used car and yes it cost about as much as a cheaper new car. I put 20% down and paid it off in 1 year and 4 months. With the current average cost of a new car $40,000. My $25,000 car was a good decision. 🤷🏽‍♀️. I have no car payment now.

[@MrsLadyLiberty]

You are 100x smarter than Dave Ramsey. Dave Ramsey could learn from YOU.

[@LifeAs_Kiki]

You’re the bomb! 😂❤️ thank you for watching!

[@berri6015]

This is cap. I appreciate her journey and i look forward to watching her succeed in her own way but she is one individual person. Dave Ramsey has helped thousands and thousands of people understand money and change their lives. I’m sure she would agree with that as well. Plus she’s leveraging a bunch of debt. If one thing falls shes over. That’s why Dave doesn’t recommend this approach. I’m happy it’s working for her tho

[@LifeAs_Kiki]

@@berri6015 I don’t think she meant it literally. She was giving a compliment…. Relax

[@LifeAs_Kiki]

@@berri6015 and nothing will “fall” I have more than enough exit strategies but… go off

[@deem.4527]

They’re both extremely intelligent! I just feel like Dave’s methods are more old school. Her tips are more useful and realistic for present day.

[@FunandBudget]

Once you sell the home - nope not an asset but the money that is now in your accts is. I look at 'owning' a home as another form of a bank acct - I sold off one asset and the money from it in my acct is very much real.

[@jt8215]

So true on the used car! Had to buy a new car. Car two years older with 40k miles was only $1,500 less than brand new same color and model

[@lisadearing5960]

Some people don’t agree with this. We stopped using our debit card about a year ago and only use our credit card. I pay it off several times a week. If there’s ever fraudulent activity, I’d rather it be on the bank’s money and not mine! Plus I’ve accumulated over $1000.00 in cash back rewards! It’s an extra emergency fund should we ever need it.

[@melaniesmith1928]

Great video! Always bringing different perspectives.

[@LifeAs_Kiki]

Thank you! ❤

[@TheOriginalMadeMan]

Keep pushing phenomenal content love

[@LifeAs_Kiki]

Thank you handsome ❤️

[@hello-people-of-goodwill]

Wonderful discussion as usual 👏

[@BigBank007]

I'm here for your opinions and couldn't agree more. I'm a fan of Dave Ramsey and following his baby steps helped me to become debt free. In the process of becoming debt free I started my own business and I am now struggling with the idea of debt but I know that it can be used as leverage to grow my business or create new business ventures.

[@LifeAs_Kiki]

I went through the same thing but I have no regrets! I needed to leverage debt

[@craigfox1572]

emergency funds gain interest aka free money over time. Once you have it it does not take away from your ability to spend because it’s saved.

[@brin495]

You are so intelligent all of the points made are FACTSSSSSS

[@LifeAs_Kiki]

Thank you! 💚

[@Semi-AvgKay]

Great video. I definitely hadn't heard these before.

[@Trudloops]

These are some interesting views. I don't agree with them all but, that's ok. My unpopular opinion is that buying in bulk is not good, especially if you have a small income. Yes, the unit cost is cheaper, but you have to put out a large portion of your income and it's not available for other expenses. Keep up the good work.

[@ps5gurus508]

Dave Ramsey Girl woohoo 🥳 🎉 I love this channel!

[@mignoncobra]

Yes, preach to the choir, I was here for all your tips!!

[@LifeAs_Kiki]

So glad!❤

[@lisaraye2007]

Babyyyyyyyy ! Look I thought I was alone with these opinions this why I’m quiet lol

[@Marijrobinson]

That frozen grapes example 😂😂😂😂 im still crine now why you used that 😂😂😂😂😂😂😂😂😂😂😂😂😂😂

[@melissarodriguez4531]

👏🏼 love all the points you made in this video

[@irismarie6515]

I definitely have a budget for everything I do. I treat myself offer however it is for an allotted amount otherwise I’d be broke.

[@ACCOMPLISHEDSHEIS]

Budget works to maintain more of what you have. You can still budget on the things you want and still maintain what you have. If one wants more money they need to execute an idea and go after it. For example, I want a second job and is executing it. Point blank.

[@soulistic87]

Disagree on home ownership. It’s a long term investment. In most cases homes will appreciate over time. I have bought lived in and sold 2 homes and made money on both when I sold. Also the equity can be reinvested in the home to increase the value. As long as you make a smart purchase it is an asset.

[@emilbulaba]

You made so many good points . Good video

[@paul-pq4xp]

Excellent

[@BudgetsWithELMA]

As always another awesome video ❤

[@ChristopherPTV]

You are so brilliant! Do you offer courses?

[@cam-mulvey]

Love the point about credit cards - do you have tips on credit card literacy/discipline?

[@degraham9198]

I LOVE this video. I disagree with home as not-asset. You can leverage the asset at any time to create a business line of credit at better rates. The inherited house provided generational security that created the middle class. Black people got left out of this because banks wouldn't lend them money nd realtors redlined them. I didn't mean to go down this dark path I'm sorry.

[@malikfranklin2478]

I agreed with every single point💯💯

[@ilkaperez9119]

I rather spend money on good eating , healthy food then spending over $500 for a name brand bag or even tons of money on makeup. I ain’t going to look Hot on the outside with my insides being truly healthy ! Food for thought !!!

[@richsamuel2922]

Just making sure you're doing alright...

[@LifeAs_Kiki]

I’m doing a lot better! Just recorded a video for you all to give you the updates!! ❤️❤️ thank you for checking

[@kimthebudgetslayer]

Great video…. I’m still waiting for that book you going to write.

[@CreativepreneurJourney]

I agree ☝️ act broke is a problem.

[@thelovelykimmi7920]

I love credit cards too. I feel like I've hacked the system and put everything on autopay. It's money I would have been spending anyway and I love that extra few hundred dollars per year.

[@MrSergio608]

Yupp. Still gotta live ❤. I spend every dollar I make and have good debt.

[@msdeenatural_3]

My home is an asset, yep I’m not paying rent or someone else’s mortgage. Rent goes up every single year. It’s a necessity, I need a place to live to lay my head.

[@ladykadiijha]

Wow thank you