Why LOOKING POOR Is Important

[@VincentChan]

📝 Discover your custom path to financial freedom with your FREE personalized Wealth Action Plan → vincentchan.co/quiz

[@jpd5430]

Where did you get your glasses with clip on?

[@AMPProf]

NO CHILD go gooche or go home.. Lolz naw grab slipper and broom and bucket

[@christ.4977]

Another pro by not appearing wealthy is that you're a lessor target for theft or robbery.

[@SafeEffective-ls2pl]

Zuckerberg owns a private jet and almost an entire island in Hawaii Bezos owns a private jet and has a yacht so big they had to take a bridge down to get it out of the harbor. He just bought a $68M estate in Miami

[@VincentChan]

@@jpd5430 jins!

[@jasongreenwood3260]

Oh, I don't just look poor....

[@VincentChan]

😅 what did you think of the video?

[@jasongreenwood3260]

@@VincentChan I liked it and I agree. My ex-wife had a bad case of "keeping up with the Joneses" which has caused me to be hyper-sensitive to this phenomenon. Your videos in general help me keep things in perspective as my A.D.D. nature tends to make me lose focus on what is important. I'm too old now to expect financial freedom, but I hope to be able to instill good money practices in my (now grown up) children and maybe NOT leave them with any form of my own debt and maybe leave them with some kind of legacy. That's my motivation. Thank you Vincent!

[@foxtrotwolf6081]

I do just look poor unless I compare myself to my neighbors. I wish I had an ex-wife, but then I won't just look poor. My wife always tells me not to go outside because I look too poor.

[@fredp3088]

You're an over achiever 😅😂😂😂

[@WillThrill13]

😭😭

[@Javy_Valen_Tain]

The less you want, the happier you will be 😊

[@jamestrent-nw9zb]

The best friend I have in my life is a balloon called Gary...who could ask for anything more?

[@OGillo2001]

BATMAN

[@ireeneua956]

No expectations no suffering.

[@Pathtoadulthood]

Preach

[@InfoCertificacionesIT]

and less you will have

[@PetraHanner]

My neighbours started being very generous recently, giving me lemons from their tree and free eggs. I asked why, my neighbour said they thought I was struggling financially because I'm driving a 10 year old Toyota Highlander. I didn't realise my car made me look poor 😂

[@ridita5221]

They are nice people.

[@Radoslav-gk7wu]

Yes, cars are first parameter that neighboors value your wealth...

[@mukhademonyo6449]

I mean.....they're nice neighbirs though with good intentions XD

[@SafeEffective-ls2pl]

I have a 2008 Highlander with 335K miles. Can I have some free eggs?

[@mukhademonyo6449]

@@SafeEffective-ls2pl i mean. if you were my neighbor you would. Because my family has a chicken coop.

[@Courtney-Alice-Gargani]

My dad gave me similar advice. I should look poor. Never brag about your wealth. Never tell your siblings, cousins, and aunt's and uncles, you're rich because they want a cut of your wealth. The minute a person wins the lotto everyone wants a cut of that money. I still own my Honda Civic for like almost ten years now. I plan on driving that car until it completely breaks down.

[@lewismcelroy6946]

I don't even go to gym instead home gym

[@earlbee3196]

@@lewismcelroy6946 You need to get out more .

[@Radoslav-gk7wu]

​@@earlbee3196 gym is indoor my darling ❤😂🎉

[@margasessentials986]

I still drive my 2005 Toyota Altis (although I have a newer, more expensive car) and I don't have any plans of letting it go in the near future. 😊

[@MADMOGtheFrugal]

​@lewismcelroy6946 the gym is a worthwhile expense if you actually go

[@Jimwood-tt2je]

My wife and I live in the same middle class home we purchased in 1987. We paid off the house in 1992 and have had zero debt for the last 32 years. We drive cars that are 8 and 14 years old. Since we are retired, we have no need to buy new clothes and we have every thing we need. I have no doubt our neighbors and friends just think we are two older retirees just struggling to get by like most retirees today. I have absolutely no problem with these individuals thinking we are just getting by day to day. The reality is my wife and I have a net worth of more than $5 million dollars but we want for nothing and we don’t need a new car or a bigger and newer house. We are extremely comfortable living the way we do and have no need to impress others with our wealth.

[@user-me5mq3hj9n]

Before retiring did you think you'd have that much in retirement? And as of right now how much do you think one would need saved up to live the life you live(also no debt and house paid off)?

[@7oeseven793]

Yeah that’s not as simple in 2024. You had the advantage of being alive before all that house inflation.

[@Jimwood-tt2je]

@@7oeseven793 While I agree home prices make it harder today. Our daughter and son-in-law are both in their mid-30’s He works for a large Fortune 500 company and my daughter is an assistant principal at a high school. They have two children and they have never asked us for any money. In fact my daughter has no idea how rich we really are and she won’t know until we are pushing up daises. We always felt that she should be responsible for making it on her own without relying on our money. They live in a home that is now valued at $1.3 million and my son in law told me the house would be paid off in a little over 3 years, They live on 70% of their income and invest the remaining money each month. My son in law asked me when they were engaged how I was able to retire as young as I did. I told him to always live well below your means and to stay out of debt. The only debt they have at this time is their house payment. Since they use the same financial advisor we do, I know they have at least $500,000 in investments because that is the minimum amount needed to invest with that particular advisor. So while it might not be as simple today as it was when I was younger to grow your money. It is still very possible if you have the skill set needed in the job market and you are willing to be frugal with your money instead of trying to impress others by living beyond your means.

[@jp_jas]

On the other hand - it’s sometimes counterproductive to think only about saving and not enjoy the fruits of your work. You can’t bring that money to your grave.

[@Steffi455]

Stealth Wealth i Like it. Congratulations Enjoy you're retirement

[@LexPrima2131]

Looking poor - yes! I was enamored to buy my first ever luxury branded bag - I saved up for it, because I thought I deseve something "nice" to elevate my look. The time I entered the shop, sales ladies barely entertained me, I inquired but I felt they were very disinterested. Came an older lady, and their mood suddenly changed. The way they entertained that woman compared to me was disgusting- I had to leave. I had enough money to buy the bag in cash, I honestly felt really bad for myself. So bad, I abandoned the plan and hated the luxury brand industry. I just bought more stocks with the savings and treated my mom for a weekend trip. Thank God they ignored me - indeed a blessing in disguise! Never looked back to luxury brands. Ever!

[@dforrest4503]

That’s a great lesson, both for you and the salespeople.

[@content_watcher_only]

1 calamity will destroy all your material things, you did a great job.

[@hblee88]

Great story! And the Wisdom to appreciate this lesson of life. Kudos to you.

[@cataboss8288]

👏👏👏

[@CUBETechie]

I don't care about luxury brands. Clothes should be comfortable, practical and suited for the tasks

[@qxrt3294]

The wealthy people aren't actively trying to look poor, they're just favoring pragmatism instead of buying into the overpriced luxury goods market. Calling this mindset "trying to look poor" doesn't really capture the same intent.

[@tedpark6814]

Maybe the fancy clothes and cars don't really contribute that much to their personal living experience.

[@splashmoby]

Honestly they don't even look poor or trying to, they are simply not too bothered with style and fashion, that's all.

[@nunyabisniz8047]

No they are not. Bezos has multiple private planes. It's all a PR stunt.

[@JackTheStrippa]

yeah it's a stupid conclusion, but people wil watch this video and take on advice from a stranger who has no real qualification in anything they're talking about. The internet and podcast has created a lot of fake experts

[@JohnSmith-qe6fb]

My wife needs to watch this video so she will leave me alone about my wardrobe 🤣

[@VincentChan]

LOL

[@GregLeBon]

Me too!

[@regalchic]

😂😂

[@Steffi455]

Then show it to her

[@KeiAngelus]

I think there's a difference between spending a bit of money to look well put together vs. having your wardrobe look like you completely let yourself go.

[@PK-db9qj]

I look poor. Because I am poor lol

[@orangefruit12]

😭🤣

[@ManojKChat]

You have access to the Internet, so no excuses for being poor 😊 you must be joking. right?

[@audience2]

Bonus points unlocked 🎉

[@Azel247]

I'm noticing something strange in the financial space on KZbin. Many KZbinrs are creating carbon-copies of videos within a short window. I saw the video on Middle Class Habits keeping you poor pop up on 3-4 channels a few weeks ago. Then I saw the same videos about net worth going up after 100k, then videos titled why 100k is not enough. About a week ago, I saw 2 content creators make videos titled "why looking poor is important" so I thought to myself "hmm, I wonder if this exact video will show up a few more time." Sure enough, here they all are. It's almost like there's a coordinated effort to flood the space with specific videos...

[@Ngerdg]

I noticed it as well.. perhaps they just ran out of ideas, clearly they're not as creative as we thought. They've run out of imagination, they're just incompetent copycats. If they look at other influencers content and if the content is generating a lot of views, then they make the same video to get as much views as possible.

[@try_2_b_kind]

Yes. Nischa also uploaded a video 2 weeks ago with same title.

[@colinrussell2017]

All of the self-help, finance, fitness, psychology etc. content on youtube has been studied, written about and shared for generations in good old fashioned books. None of the content is truly original, just repackaged for a new audience/generation. And I think it's great that it's getting out there for people to learn, whatever the medium!👍

[@s.v.discussion8665]

LOL....that's it.

[@Think20244]

They all take the same course to teach or make a video of whatever topic. Within a month everybody does the same thing

[@surgeonvicryl4872]

My mom also gave me the same advice..to look poor and that materialistic things are not worth it but making the superficial things turn to something useful is much more fulfilling.

[@ryan-patel]

Most important thing “knowledge” do not hesitate to invest in some good money books like “The Hidden Truths Of Wealth” that book helped me to start my first business, I have never read anything like money secrets which are in that book

[@lextergarrielumanito4649]

Bro you're taking it out of context, "Reasons Why Looking Poor Is Important "

[@alturki928]

IMPORTANT this guy is most likely a fake account trying to make it look like this book is helpful. Do not buy this book as this is most likely a scam. Just dislike the comment

[@ryan-patel]

bro stop talking shit if you haven't read the book

[@Jack_Clemans]

Thank goodness! I am REALLY good at looking poor.

[@benton-benton]

Haha, me too. I try to look invisible as much as possible.

[@Tamietwist]

I think its more about using what you have and buying high quality stuff that can last you for a while. It is less about who is rich and who is poor. I will never be the top 1% and I am oké with that. Do I sometimes want a new nice looking shirt or replace my old shoes? Ofcorse! Take care of yourself and focus on your own life 😊.

[@ljnsaagaming]

100 % agree and also looking after the highly quality items and repairing if possible

[@Lokey21]

This is great advice 👍 I remember telling a friend that I was going to purchase a new car. Later that day she called and asked me what I got, I said “I got an Altima”…. Her response- “Oh, I thought you were getting a REAL car.” 😳 I said - “It is a REAL car, it has an engine, a steering wheel, 4 tires…” She says- “Oh you know what I mean.” 🤦🏽‍♀️ No I don’t, but maybe that’s why I was able to purchase my home, pay my bills on time and have a savings. People please DO NOT TRY TO KEEP UP WITH THE JONES…. Half of the time The Jones will end up with nothing to show for all of the money they spent on unnecessary things just to look and feel rich. I promise you it’s not worth it trying to impress others

[@shyonemami7388]

Nissan Altima's are known to have terrible transmissions. Many of them break at 20K miles.

[@annjones9635]

This video is so true, I drive a modest car, use the cast iron skillets my grandmother gave me, have a small paid off house and when I do spend, I shop for bargains. Now in retirement I'm happy, comfortable and have more than enough to get by. This beats the heck out of keeping up with the joneses.

[@camels9654]

As a 7 figure guy rapidly building his wealth, perhaps I can share some context to this video. While you are building your wealth you need to live below your means, or look poor, whatever you want to call it. This is because you typically are trading your time for money. Once you have sufficient investments such that you are no longer trading your time for money, that is to say your investments pay for your lifestyle, you can then start to enjoy yourself. Also realize the more stuff you have, the more repairs, insurance, etc you need. If you view your life as a balance sheet, and you should, repairs, insurance, depreciation, storage, etc, those are straight up financial losses, and all these items need your time and they restrict your freedom. To me, freedom is the ability to move wherever I want, when I want, and never have to worry about running out of money. Hope someone finds value in my comment.

[@audience2]

Settle down and have kids.

[@insidethebnb]

I'm so good at looking poor, I've signed up for food stamps, medi-cal, WIC, take the bus, and currently waiting in line at the food pantry. Also emptied out my bank account 14 years ago, shop at Goodwill,

[@underwatch1738]

That grey tshirt on zuck cost 500$

[@Th3Visitor]

True idk why he ignored that fact because its commonly known that they all waste their money on those shirts (unless they are secretly bulletproof or smth😂) and that jeff bezos has many 'rich people' cars not just that honda elon musk pretended to live in a small house but he also owns a big mansion

[@m.g.a3481]

They want to wear brands but with no branding on it, its like u walking around like a Ad... ​@@Th3Visitor

[@alvaronos]

Have you seen the title? It says LOOKING POOR, not being poor...

[@appollo1826]

@@alvaronos Who are they looking poor too. Anybody that they are around is rich.

[@Simplydivino]

@@appollo1826 is giving the illusion that they're everyday people eventhough theyre the 1%. Basic psychology plays

[@saurabhprabhakar3096]

That’s just what they want to show to their employees. They do have expensive cars too. Looking poor will not help anyone get success. If you want to do good you should feel good too, and for that you should wear and think good too. It totally depends on any individual basis. No one formula can work for all. It’s always us who need to assess ourselves and find the best way we perform and grow. They also wear same clothes because they wants to stay less distracted and focus on what matters to them, but in my opinion we can do it either ways, all that we need is an urgent need to get successful, and fast pacing steps to reach our goal.

[@IMPULSOESTATICO]

Miami bro that makes $50k/year - drives a Maserati (salvaged of course). Seattle dude that makes $300k/year drives a Prius.

[@VincentChan]

which one are you?

[@IMPULSOESTATICO]

The one in the middle 😀

[@user-xr9ln5pf7y]

Try driving a Renault Twingo then. Parks better than a Prius and much cheaper 😂. Just don't buy Renault stocks, though 😂

[@kaizokud42]

I work from home. So neither

[@splashmoby]

I have a bicycle

[@dan203]

Bezos has a $35M car collection and a $500M yacht. He doesn’t drive a 1997 Honda Accord or attempt to look poor.

[@VincentChan]

he was still driving a 1997 Honda Accord years after becoming a billionaire (this was as of 2013)

[@80sidd]

But it’s 2024 now

[@VincentChan]

@@80sidd yes, it's an example of a person who became a billionaire and was still frugal years afterwards

[@theboringchannel2027]

@@VincentChan it was marketing for selling stock to investors. Frugal man = frugal comany with little waste.

[@kamilug-2393]

@@VincentChan It’s about having your research right for the video. Like ur video was great but if the facts will keep on being simply wrong then I’m not gonna watch them anymore. Especially since you are giving advice about finance, if the facts are wrong, the conclusion might be wrong, which can fuck up peoples finances.

[@stachowi]

I can personal attest to this video being 100% accurate... the richest people i know A POOR PERSON would never know they are. And the poorest "rich" people i know trick every poor person into thinking they're rich. ALL HAT AND NO CATTLE.

[@jamestrent-nw9zb]

ALL FUR COAT AND NO KNICKERS.

[@splashmoby]

All talk no action

[@hq1082]

Frugality and minimalism has always been my go to philosophy on consumerism. Save your money spend it wisely and quietly. Live a simple life, that rat race of luxury and unaffordable goods is just inherently unsustainable and a waste time and effort.

[@babibrain]

Yes. The ultimate goal is to have nothing = happiness. Likewise more things, more desire, more shits = more problems

[@JoshFerguson-yd8gn]

I used to keep up with the joneses. Since that's the lifestyle that I grew up in. It wasn't until that I filed bankruptcy. I realized that I need a change. My family now thinks that I'm poor. Since they still live the Joneses lifestyle. While I live in a small modest 2-bedroom house that's just over 700 square feet. I drive a 2013 Honda Fit. I shop at Aldi. I have a CTRT TV with a DVD player and a TV antenna. I watch DVDs, OTA, and free streaming apps. I still listen to CDs and the radio.

[@bryanramos9783]

This is actually really informative, but I would like to add that the importance of looking poor is not just about achivecing financially fredom by also feeling a sense of contentment in oneself. A good video keep it up!!!

[@beltingtokra]

Got a small 2 bedroom house, small car that's all paid off. My neighbours are all retired and have big cars. If i had an emergency, i have a fund in place to help myself solve the problem, without going into debt. My lifestyle is very frugal, i have a small online business alongside my day job and i literally never buy new clothes. I make big purchases with planning and comparing to prepare and make sure i need the product and that it's the cheapest way to get it. Dressing casually makes a big difference, i know if someone is interested in knowing me, it's me and not my perceived lifestyle they are into. 😊

[@MONI-bj1ms]

I dropped by a high end salon that accepted walk-ins wearing jeans and a t-shirt and they refused me service

[@VincentChan]

what! thats outrageous

[@MONI-bj1ms]

@@VincentChan thank you I thought so too

[@sshreddderr9409]

most likely not because of clothing, but because of your physicality, face and mannerisms making you look poor.

[@Agent77X]

The salon has standards to keep the riffraff out so rich people will have a good time not having to deal with the poor people!😊

[@Josh-py9rq]

@@Agent77Xyou clearly added too much paint chips into your cereal bowls the person wearing casual clothing had more than enough money the salon misjudged the customer and lost

[@applemauzel]

3:38 until you realize by inflation, you are likely paying all that 200k for just one porsche anyways in 10 years.

[@user-ib7it2li8f]

After I got ill I got a good therapist from hospital. Finally someone that I can really talk to and don’t feel judged ❤❤😊 she’s so swet

[@Miaisabelle-yk6rd]

I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

[@Hunty49]

Growing up poor always made me understand that it can always be worse than what I have now. Being poor made me confidant that I can cope without and am able to prioritise needs and wants.

[@Geraltofrivia12gdhdbruwj]

"looking poor is important" is only relevant for rich people. For poor people "looking poor" is a sad.

[@Marchant2]

I didn't realize I was doing all of this while I was doing it. But it's paid off, and yes, I look poor, too. I drive a Hyundai and am perfect happy with it.

[@sshreddderr9409]

looking poor is without value. the real value is recognizing that the reason behind your and other peoples desire for expensive, expressive items is really a desire to broadcast certain emotions to strangers, or a way to compensate for the lack of more fundamental human needs, and then to have the emotional self control to deny yourself those urges, because they are symptoms of unresolved, negative emotions, and often identity disorders and other forms of mental illnesses which are very common in modern times. you get the most value for money by buying high quality basics with the most premium material and ideally a custom fit and predominantly neutral, colors. you should have different things for each occasion, but only the minimum amount for each occasion, and items that can fit as many occasions as possible. the less stylistic an item is, the higher its actual value, because those are the ones you will wear the most because ultimately, they are the most appropriate for the most amount of occasions and combinations, and because of that, you will always come back to them, and you will want to get the exactly same thing when its worn out, in contrast to highly stylized items, which you will wear infrequently,and which you will get bored or tired of because they are intrinsically impractical and go with almost no occasion or other items because of their highly stylized nature.

[@Jensoncorpuz]

Where are you finding a Toyota Camry for so cheap or even a cyber truck for so cheap lol

[@jamestrent-nw9zb]

Walmart (Between the broccoli and the mushrooms)

[@admiralrng6506]

​@@jamestrent-nw9zbtheir cybertruck expired so I got a Tundra instead

[@genachattin]

Beat me to it. Can’t even find a used Camry for that right now

[@mariya5378]

This is how I want my parents and siblings to live. To live content with what they have and not just casually buy anything online that can cost much more. I personally live thrifty. My shoes are usually worth a dollar, clothes range from 10 cents to 2 dollars (converted from PHP to USD). I walk to where I'm going, and I wouldn't say I like buying online if I can buy it in my local area. My favorite game is when people ask me "How much?" and "Where did you buy it?" cuz they're always shocked about it (I know how to style and choose high-quality clothing at thrift stores). We grew up in poverty so I somehow understand why my family likes to spend lavishly on things we really can't afford before. Because they want to feel rich. On the other hand, I am contented with what I have and sell things that I don't need anymore. I don't really care how much I am wearing as long as I can save as much money for the future and afford to dine at any restaurant.

[@wuza8405]

Thanks for this educational video, people with severe narcissistic problems would gain so much from it. I'm happy that there are people out there teaching stuff like this.

[@frenchfruga4851]

Good evening , i am a french frugalist , definatly agree with you at 100% , this is the best way to be not see as a sad man 😊 , people don't like this , it protects yourself of home and car jacking 😊

[@VincentChan]

love it! are you based in france?

[@frenchfruga4851]

@@VincentChan yes ! south of France exactly , enter this town " Valence , south of France "

[@frenchfruga4851]

@@VincentChan yes ! Enter " Valence " south of France , this is where i live

[@transitengineer]

Vincent, I was thinking about how to reply to this video and something came to me. Not sure if, you have done a video on only this topic: In my 20's and 30's, my problem was not trying to have the same or better automobile as my co-worker, church member, or neighbor but, would try to buy the best automobile that, I could afford as opposed to the cheapest quality car for my basic needs. This was also true when it came to my choice of a single family 4-bedroom home (for just my wife and myself). Lucky for me this changed when, I turned age 40. Now in my early 60's, I retired last year. Live in "sunny" Southern California and now, I have a Net Worth of $1.4 million (half in the value of my home and, half in liquid assets) ... and Life is good (smile ...smile).

[@tyreelittlejohn4026]

I never comment on videos but you’re a great speaker. Very well at articulating information. Almost like I’m listening to information therapy. Lol.

[@sprezzatura8755]

Good shoes are a good investment. Especially those that can be resolved. Almost all my other clothing I buy at Costco, Target, or the occasional thrift store. I buy things that fit for have them altered inexpensively. I also drive an old Honda Accord. A great car that cannot seem to find a gas station. 😊 Also insurance is about $45 a month.

[@jennyfromtheblock9484]

the poor want to look rich and the rich want to look poor

[@motivationalchad..]

whyy

[@Aston_martin69]

​@@motivationalchad..boring more you get more you bore

[@Aaron-bh5cp]

The rich tend to look rich too... Even Bezos, who he talks about in the video, has a car collection worth 8 digits and a yacht worth 9 digits.

[@foodlover8151]

Great video. Some comments are so daft. I wonder if it's on purpose. I agree with your assessment mostly because that's my life. The really wealthy neighbors are extremely quiet; meanwhile, the rich spend on McLarens and luxury fashion. The wealthy are living in paid off homes. It's an affluent community, too.

[@babibrain]

Yes. The extreme rich be better be secretly rich to avoid unnecessary problems

[@yarn-rdgz]

Love your videos but have to disagree in here. I think not everyone is built the same way. Some people don't try to look wealthy when they dress nice, they just like to dress nice! Some people truly enjoy having a Porshe 911, or a nice house. Money is a tool, to ultimately get you happiness. My goal is to maximize the amount of happiness money can get me today, without putting my future me in risk (actually putting future me in a really good position). I think you can achieve all your financial goals without extreme frugality (looking poor), you just need to learn how be intentional with your money

[@babibrain]

Yes. The more you look poor, the poorer you will become.

[@Zee06]

I bought a used (2012) Porsche Cayenne for $25,000, paid cash, so best of both worlds. Plus it as the VW VR6 engine, so super reliable as well.

[@JohnWickPotter]

0:42 bro… look at how much Mark’s regular grey shirts cost… they’re hundreds of dollars per.

[@jocosus3]

2:05 The icon for the Tesla cybertruck should have been a lemon - #LOL

[@captainmorgan5449]

Great video. 2008 Pontiac Grand Prix running good. I feel safe (No one will hijack me or break into the car) I am saving money ( No car note). I feel great. We also brought a 2012 Rav 4 with 96k from a Doctor we know and paid cash. I pay cash for everything....if I can't pay cash I can't afford it. 38k to go to pay off house.

[@daedae7798]

For the rich, dressing poor is driven by comfort/ego - the savvy ones will park their $$$ in clothes/accessories that will hold/appreciate over time… i.e Patek/Chrome Hearts.

[@whitenoisejosh-sleepfocusc2917]

I felt trapped in my life at 34. Just keeping up with the bills and never able to do anything. So I sold my house and everything I owned in it. I had two cars and sold one and paid off the other (a 2014 Impala). I did this to re-start life. I invested all of the money from everything I sold and two years later I was able to double it! I lived on my mom’s couch for two years. I was able to retire at 36 yo and live off the interest of my money. I can’t tell you how freeing it is to not have a car payment!!!! I am now able to help my mom pay off her house for helping me out. I refuse to “look rich.”

[@Alderose]

Just stumbled upon your videos, really got me thinking about finance & I'm amazed at your 10K concept. Your advice is actually really valuable & I think I just learned how my lifestyle is about to change.

[@TheOriginalMarimoChan]

The richer I become the worse I will dress and the crappier my car will be, just because I am a rebel. I dye my own hair, wear uniforms with threads hanging off the bottom of my pant leg, faded scrubs, home T shirts with holes, holey socks with my heels showing through, stained purse, bring coffee from home, don't eat breakfast or lunch because I don't want to spend money. The feeling that I have enough to live comfortably yet looking like I can't even afford a new iPhone gives me supreme pleasure. I would never fit in with the Californians. Or the Joneses.

[@Klugschieterin]

It's not about looking poor, it's about being honest

[@orangefruit12]

A lot of middle class people that i know in my city are almost always on trend and buy a lot of things that are trending. While the rich people that i know who have big family business barely keep up with microtrends and instead go to slightly expensive restaurants on a regular basis. Most people are really loud on social media when they have new stuff. But i made a friend who's family business have been running for 3 generations and her iphone is not even iphone 13 or 14. People have been going into trips outside the country this year too, and buying higher end designers to appeal to social media. At the end of the day, most people who appear to be on trend are the ones who are keeping up with their expenses while still buying so many stuff for the sake of "retail therapy" While still paying check by check. Lesson learned, don't often buy stuff if you can't afford them twice their price. Consumerism can only get you so far because trends are becoming really short and you might as well get bored with your stuff when its no longer trendy. "Investment" pieces are no longer worth it these days. It has become to whether or not your stuff is practical, has actual purpose and serve its value. Looking rich wont solve your real problems and insecurities in the long run.

[@Sacheess]

I think that point no. 3 is the one that makes the most sense here. 1st is common sense, 2nd is not true (you can look rich without spending much, this is why the old money style got so popular, same with other things), 4th is just common sense as well, 5th is right but it's just a repetition of what's in every video. Hence, I think it would be worth to make a video on how not to lose sanity when chasing your financial goals.

[@TheBrightFuture30Channel]

We do not like to look poor. We want to be presentable by wearing clean clothes and from brands that does not exclaim luxury.

[@digitalevidenceexpert7964]

The Wall Street Journal did a study of upper class families worth $10 million or more in 2024. The study found that the primary mindset difference was that upper class head of households never plan to retire. They plan to work until they die. Average people all plan to retire at some point. The difference between being in the top 1% and the rest of us is primarily a matter of work ethic. Rich people are harder workers. Middle class people want to retire early. If you want to get rich you should plan to work very hard.

[@rebeccaholloway7296]

The Box Strategy is golden!! I've never heard this before but will be implementing that asap!! Thanks :)

[@lwandle_rorisang]

I’m so glad I found this channel!

[@VincentChan]

that means a lot, thank you!

[@mustasheolll2020]

A lot of happiness is peer pressure tbh, aka societal expectations/keeping up with the joneses

[@shaduck06]

I agree basically with this, until I've gotten police bullying

[@VincentChan]

omg what do you mean police bullying?

[@TechStache]

Thankfully the financial struggle of my parents encouraged me to learn and manage my income successfully. The years of struggle were extremely useful and worth it

[@melblack]

great video and totally agree! Designer clothes etc will just set you back when you can have the same for much less money (and probably even better quality). I used to work in a jewellery store and realised many designer brands actually don't use good material, you just pay for the name. So if you absolutely want something, then go for quality over brand name.

[@SneakAhtakk]

if i saw my neighbor with a tesla cybertruck....i wouldn't buy a porsche....i would just laugh at them

[@Liam-iv7wk]

Honestly I think it's time we all start dressing a bit better (because I'm tired of living in a world where everyone dresses like a low level gangster everywhere or to the lowest common debominator) but I know the video comes down the concept of saving face and psychological aspect of not becoming the victim of an angry mob. Although the decline in the average person's fashion could ve interpreted as a sign that quality of life has declined long term.

[@worldsdumbesttrumpturd....3143]

I like how people dressed in the 50's. Classy

[@targetegrat]

Exactly back in the days people would dress up to go to concert, sporting event, date, etc. You did not want to be seen in casual clothes unless you were fixing something.

[@transitengineer]

@@targetegrat I still dress-up this way guess it is, just a generational difference. Prefer to wear a business/church suit and tie and to have my female date, to wear a knee length dress with nylons and heels (smile ... smile).

[@transitengineer]

I agree with your comment 100 percent. Over the past several years, I have ordered from Jos A Banks retail stores three (3) new custom made business suits (smile ... smile).

[@splashmoby]

I only wear uniqlo I hope I don't look like a low level gangster

[@alwaysbestcareseniorservic1000]

Outstanding! This video should be taught in High School. Check that. It should taught in Junior High starting in 7th grade and repeated every year through graduation. I am lower upper class. No one who looks at me would EVER think that I am lower upper class.

[@yodoleheehoo90]

I AM poor 😂😭 but I don't like to show off anyway due to my shy and paranoid nature😳 sure, nice things are nice, but I could never waste money on "brand names" just for bragging rights!

[@Duke_of_Prunes]

Same with me. I don't enjoy drawing attention from strangers, especially not in New Orleans -- being flashy is dangerous in many neighborhoods.

[@kenm8162]

We try to dress nice but not over the top, drive decent clean vehicles and we get treated well at restaurants and good service in retail. Very few places in the US that haggling takes place and looking poor could be beneficial, even auto shopping changed in the that aspect. The web has given the advantage to the dealers, even just knowing your name gives them more power than ever before. The issue we have is with house hold maintenance or projects that require a contractor, they see a nice house in a decent neighbor hood and add 25% minimum.

[@justgoto8]

Agree with most of advice here! Can be irritating though when old people grill you on a nice car you bought because they think you cant retire at forty, as if retirement is the only thing that matters. A car is probably the most important tool you need to have as an American. Your phone is second. Do you need the newest phone or car? No. But they do need to be able to keep up with the times, and it’s okay to keep these important tools reasonably up to date. I hated being grilled on whether I could “afford” my car, god forbid I bought a car that wasn’t 15 years old…

[@MrHaydnSir]

this is why i don't understand branded clothing, paying more to look rich ..i think it makes you look poor

[@TaeyangOh]

Insightful video, with an interesting title. While what you said about Jeff Bezos and billionaires is true, I suspect they have have different reason for "looking poor".

[@us7927]

They were definitely right about the settings part. I am a middle class person but I have surrounded myself with people who are lower class as far as my job and community. In this way whenever I do compare myself it's in my benefit. I have a 2011 Toyota but most people around me take the bus. I was lucky enough to have inherited my dad's house when he passed, most people around me are renting. I was able to complete university, most people stopped after, or dropped out of, high school I live alone, my expenses are between my cat and myself, most people around me have at least 2 children. However, when I do need to go into the city, I see the cyber trucks and the 2024 vehicles I feel the sadness. Crazy how that works out.

[@melodicspectrum]

I'm already there, the look the expectations, everything. I'm just poor

[@jauipop]

BTW, even if Zuckerberg is wearing a t-shirt and jeans doesn't mean those items are cheap. The t-shirt could be a no logo Loro Piana that could set you back USD300+ and the jeans could be, say, from Tom Ford or LV, which could set you back USD300-500 (or more).

[@eunbyeolgo2341]

hi! does anyone know a good video on how to get out of the debt spiral?

[@MikeSchiemerTV]

Excellent points, I could relate to almost everything you mentioned. Work in progress...

[@audreymagline6344]

tq sm for these vids. u rlly r helping ppl out there like me who never rlly know how to manage money.

[@consciouscrypto3090]

Retiring at 35 is not the win a lot of people think it is. I retired early and still wound up going back to work after a few years simply because work is rewarding. It's more a question of doing work you enjoy. Then it's like a hobby where you also don't have to spend any of your assets because an income is covering everything.

[@ChloeBianco]

I love the box strategy! A great tool to help you focus on yourself.

[@ChristopherJohnsons]

As an owner of a small carpenters business my father one day went to a construction site to meet with the architect. The architect asked him why he is driving such a small (and cheap) Volkswagen Polo. So he asked the architect: "Do you know the difference between Volkswagen and Porsche?" "No", the architect replied. "So there are people who can afford a Porsche but drive a Volkswagen and there are people who can afford a Volkswagen and drive a Porsche."

[@JAF2991]

0:30 and Joe Rogan thinks of money like fun coupons 😅

[@pablonicolasangulo4356]

Same as Tomas Rebord in Argentina

[@uluhitah12]

I keep staying look poor, because so many threat when friend look me rich, they then want my money by borrowing and then not wanting to pay it off

[@ianhart8037]

Calvin, Luther, Zwingli, Knox preached this as the Protestant ethic 500 years ago. Weber documented it 120 years ago. Its is timeless and good advice.

[@johnroberts4823]

And, I have the same wrangler jeans and George brand shirts from Walmart from pre-covid to 2021! 😝 Walking shoes are 2 years old . Wow, that’s new for me!

[@Madchris8828]

Hey man appreciate the video. Helping me keep on track with my wealth journey 🙏

[@content_watcher_only]

I really need this, thank you for tour content. I'm 100k in debt now, I hope I can survive.

[@eyeamjona]

Mark Zuckerberg's tshirt costs $300 each

[@jhaifisch5676]

In the sea of financial advices videos, I found this one refreshing and interesting. Thanks, I definitely learned some things.

[@vamsikrishna8027]

So finally I am better at something without having to try hard!! Lol

[@Kobi5469]

i don't just like poor but i'm very poor.😢 Sm1 pay my Tuition debt

[@joeaverage3444]

I grew up middle- to upper middle class. It meant we were never filthy rich, but as kids we never really wanted for anything either. As a result now, way into my own adulthood, looking like I've got money is entirely unimportant to me. I still shop department store brands of clothing, I have an older car, and don't afford myself any needless ostentation. I am also zero dollars in debt, granted, with a paid off house that I've inherited, but still. I'm living well, and I'm able to sleep at night knowing that no bank can take away my car or my house.

[@process-stories]

Thank you for sharing so sincerely!

[@markrcca5329]

I don't try to look poor. But I never buy brand-name clothes either. I buy decent-looking clothes that do not cost much. This summer I bought a few white cotton shirts for $8. I could just wear some old worn-out t-shirts but that would really go for a poor look. I don't want poor, or rich - just looking like a decent, respectable citizen. As for cars, I would often drive them to the ground. In one case, I kept driving an old Datsun with rust holes in the doors LOL until the clutch finally gave out. My neighbors were getting annoyed and kept asking when I'll get rid of that piece of junk. I kept saying, soon! As soon as the clutch finally gives out LOL.

[@desiv1170]

The social comparison theory is interesting because I remember they always used to say, but the worst house in the nicest neighborhood you can. So you are likely to improve and/or keep up your property value... But that probably sets someone up to be the poster example of neighbor envy....

[@JetLagRecords]

Vincent Chan, great video you deserve more views

[@Claunt-z8a]

How look poor is importance? Aren’t’ we judge by our looks now days? I still don’t get the answer. Most of yr thesis is more like “living below your income” not necessarily about looking poor is importance …

[@wanchawancha5323]

Great channel… my motto “act your wage”.

[@VincentChan]

thanks so much!

[@sowmyakarthikeyan8654]

Unfortunately I get motion sickness when gas leaks from the car. So most of the old cars have that issue, so we need to buy a mazda cx50 for this.