Why I Quit Frugal Living

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Gabe Bult

Gabe Bult

Күн бұрын

I'm done saving money.. Kinda... Frugal living has pretty much always been a big part of my life it was frugal living and minimalism that really led me to reaching a level of financial freedom that let me leave my day job. However recently I've been trying to actually be less frugal and in this video i want to share why.
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Пікірлер: 483
@silmuffin86
@silmuffin86 Жыл бұрын
There needs to be a balance. I had friends diagnosed with cancer, or with long covid and chronic fatigue, I've seen people losing their husbands way too early... So sure, we save money and we don't waste them on expensive clothes or useless stuff, but I will take that nice vacation, and I will have professional family pictures taken, because tomorrow is not guaranteed
@nobodysdifferent
@nobodysdifferent Жыл бұрын
Facts i save for emergency but i still ball out every day for my family💯💯💯🙏
@fanatical56
@fanatical56 Жыл бұрын
This lifestyle being portrayed seems needlessly and unnecessarily harsh. There is clearly an abundance here. Save for what? Not having a hot tub that will cost $25 a week to run that you know will give you so much enjoyment but then choosing not to despite having hundreds of thousands in the bank seems like an awful way to live life. Recklessly spending obviously not. This kind of living seems like a depressing way to live life.
@nobodysdifferent
@nobodysdifferent Жыл бұрын
@@fanatical56 agreed
@dagreatstoney.5869
@dagreatstoney.5869 Жыл бұрын
Live as best you can, time escapes on all , and tomorrow was never ever guaranteed
@salerinaxo
@salerinaxo Жыл бұрын
If the clothes are better quality it is worth the extra cost. Photographs are not something that needs to be paid , just my two cents
@hollyb5432
@hollyb5432 Жыл бұрын
To me, being frugal doesn't mean that you don't buy anything. It means not spending money on things that don't matter to you so that you can spend money on things that do. Appreciated the message of this video.
@amyng2291
@amyng2291 Жыл бұрын
I totally agreed with you. Frugal doesn't mean don't buy. We only buy what we need, liked food, getting haircut, visit dentist etc. we spend when we need to, not to look good comparing with others etc.
@thousandsunny2572
@thousandsunny2572 Жыл бұрын
Agree!
@godgordon2182
@godgordon2182 Жыл бұрын
I’m so happy you explained it like that because that just opened my eyes tremendously
@Jane-zi6xg
@Jane-zi6xg Жыл бұрын
I'm surprised to hear that some people here are using Mrs. Anna trading strategy! I met her 2 months ago and it was a great pleasure to work with her. Bravo to be part of his winning team.
@haziqshan3290
@haziqshan3290 Жыл бұрын
That's pretty cool, I'm sort of new to the crypto space and was wondering if crypto day-trading is a visible option to make money. Are they consistent strategies there.?
@bellaluce7088
@bellaluce7088 7 ай бұрын
I had an elderly relative who was so frugal he denied himself simple pleasures like the *slightly* more expensive (but still cheap) kind of fruit he preferred despite having ample financial security (no mortgage and multiple income streams including rental property income). I was glad to hear he indulged a tiny bit in the weeks before his unexpected death (maybe somehow he knew?), but it breaks my heart that his whole life was clouded by his fear of not having enough. : - ( Balance is important.
@aaron___6014
@aaron___6014 7 ай бұрын
An old farming couple who lived outside my home town were known for saying things like, we don't have money for cable tv or cellphones, but when they died my grandmother learned they died with millions and hundreds of acres of land. This creator is on a similar path. He obviously doesn't need to analyze everything so closely or live like this, he either chooses to for the channel or is trapped with certain mindsets.
@mandyadams918
@mandyadams918 6 ай бұрын
It is sad also to think you could be frugal and those who inherit your estate just blow the money
@drunkencitizen6168
@drunkencitizen6168 22 күн бұрын
That's not being frugal that's being stingy. Spend money on things that matter, food, vacation, time with friends and family, experiences that add to your life
@A2thaLO
@A2thaLO Жыл бұрын
I love being frugal. Growing up very poor made me appreciate what I have as an adult, especially as a single mom. It is ingrained.
@kmjose1211
@kmjose1211 Жыл бұрын
God bless
@suefleming
@suefleming Жыл бұрын
I agree with you totally. I love being frugal too. I don't like wasting anything if I can possibly help it.
@kristencobb230
@kristencobb230 Жыл бұрын
Same. Single Mom for 7 years and frugality is just part of life. I’ve learned to look at it as a challenge and also being a good steward of my resources.
@exabier3854
@exabier3854 Жыл бұрын
I had a similar journey, I'm still frugal on larger purchases and tend to look at reviews for most things I buy online. I was spending 2-3 hours every week mowing my lawn and would have bad allergies the day after, I hired a lawn guy and it saved me time and allowed me to be more productive the following day.
@GabeBult
@GabeBult Жыл бұрын
That’s awesome. We have done some similar stuff that just doesn’t make sense anymore.
@brixan...
@brixan... Жыл бұрын
Why do you want the lawn mowed? Is it a legal thing or the way it looks or something else?
@JustLIkerapunzel
@JustLIkerapunzel Жыл бұрын
Feel ya! For me it's getting a cleaning lady. I am simply very messy and it's a huge emotional lod to me to handle my household. I did put lots of effort into getting better at it and I for sure improved a lot but it's still something overwhelming for me and the worse my apprtment gets, the worse I feel, the less productive I become and the more stressed I am. It's not simply the 2 hours of cleaning that goes then into it but also the 5-6 hours of me stressing about the task. Instead, as ai earn now good money, I spend 180.- a month to have someone come and clean and change my bedsheets, organizing some little things. And it's just the best feeling to come home after a stressful day and not even thinking about it being cleaning day and just be so happy about how it looks after she was here. And since I do earn enough I have more mental space to even pick up some extra hours of doing something that helps me financially
@exabier3854
@exabier3854 Жыл бұрын
@@brixan... I want the lawn to look nice and be functional, it's also required by my Home Owners Association (HOA) legally.
@kalanlynn2067
@kalanlynn2067 Жыл бұрын
@@JustLIkerapunzel I also have a cleaning lady. It's worth it for me, otherwise, I'd spend way too many hours during my weekend doing something I don't particularly enjoy. I'm a slow cleaner so it takes me much longer than my cleaning lady anyway! Money well spent.
@direwolf6234
@direwolf6234 Жыл бұрын
tip for those entering the 'retirement zone' and used to being frugal .. what they don't tell you in the retirement planning workshops is how to make the mental transition from saving to spending .. all those years of watching your spending to now having to spend what you saved is a daunting change and you need to know how best to meet the challenge .. 7 years in and i'm still working on it ....
@direwolf6234
@direwolf6234 Жыл бұрын
@@underleft a lot to be said for that ... in huxley's 'brave new world' you partied till you were 40 then worked till you died ..
@stuartbagley2586
@stuartbagley2586 Жыл бұрын
I’ve always had the philosophy of I can get more money but I can’t get more time. I am all about paying others to do things that would take me a lot of time.
@LG-zy9dp
@LG-zy9dp Жыл бұрын
Thrift stores are awesome. Got a $12 coat. I’ve had it now about 10 years Great coat
@juliemarkham4332
@juliemarkham4332 Жыл бұрын
I do value my time, but I could die tomorrow so I tend to spend because I want to enjoy my life now. However, I am starting to save more. 😊
@Upwardsonly
@Upwardsonly 3 ай бұрын
A ‘low price pay twice’ video would be interesting. I always find the initial expense of better quality is most of the time cheaper in the long run.
@ChaiTogether
@ChaiTogether Жыл бұрын
Lol she’s going to get the gifts next time! 😍🙌🏽
@sarahdoanpeace3623
@sarahdoanpeace3623 Жыл бұрын
Here’s the thing, you HAVE to have TWO incomes with your essential LIVING expenses (like shelter, transportation, food and internet) LESS than ONE of those incomes. Frugal is wonderful but if you are single or have a super reduced income to start OR you are disabled and can only work ONE job (some people can’t work and build a business) then it is a lot harder. It’s doable absolutely! But super hard and you have to get super creative. It’s EASIER to save money when there’s TWO incomes and either no kids or just one or two. AND everyone is physically and mentally healthy. No one talks about that and we should. All the frugality in the world won’t help a person in a $13 an hour job, period. If you can get your shelter, food, transportation and internet for cheap or free then you are on your way. But otherwise, let’s stop pretending that “just not eating out” will make you rich (sure it can help). Otherwise wonderful video!
@Carolmaizy
@Carolmaizy Жыл бұрын
Amen! Well said!
@Carolmaizy
@Carolmaizy Жыл бұрын
Some people title their videos: How I saved 20,000 in a year! It makes me laugh, because Im retired and I live on 2500 a month max.
@sarahmacrae8277
@sarahmacrae8277 Жыл бұрын
It has been said many times that frugality is not a cure for poverty, decent wages are. If 95% of your wages are needed for the simplest of homes, food, transport to work and utilities that's how it is, loads of employers give people 1 hour less than full time to avoid paying benefits in USA ( it's not legal in much of Europe as part time employees must get same benefits pro rata)
@JadeCanada237
@JadeCanada237 Жыл бұрын
Absolutely! We have always been frugal out of need, not choice. When you have to stand in line at the food bank, it's a very humbling experience. Life sometimes throws big curveballs that you can't anticipate, but you have to say ok what CAN I do. For me it's going back to school at almost 50 to increase our family income because as you said, with a low wage you can never save enough.
@monicap16
@monicap16 Жыл бұрын
I know. I just feel sad because I see videos like this and remember how when I was in college I also had to work to pay for the rent or the bedroom I was living in, the bus, and a little of food. I walked as much as I could because I couldn't afford to play for the bus. Sometimes I only ate once a day, I grabbed bananas from a food bank, I never, really never went out like other colleagues. And still be on red numbers.
@melissaandnutrition8783
@melissaandnutrition8783 Жыл бұрын
My Wedding was at my husband’s home. Dress was borrowed from an older woman who kept hers for years. Ring 10.00 at a pawn shop and a notary of the public was dirt cheap.
@ospremier8581
@ospremier8581 Жыл бұрын
I brainwashed myself into only buying what i need since a couple of years ago. I did save alot of money and it made get anxiety when wanting to spend it. It took awhile for me to be ok with buying things i wanted obviously within reason but im past it now and i enjoy life a little more thankfully
@candaceanderson1529
@candaceanderson1529 Жыл бұрын
I get it, Gabe. Sometimes we go too far with frugality. I have been guilty of that! However, the older I get, the less I need or want. (Pushing 75 big ones) I thoroughly appreciate what you and your wife have accomplished.....this early in your life. I find making things work, being creative in our lifestyles and enjoying each day.....cannot be measured in dollars. Keep up the good work.
@mallooknits
@mallooknits 11 ай бұрын
I heard you say "I have very few skills". But I have seen you building houses and working with wood, and being crafty and handy. Don't say that about yourself. I can see you have more merit than you give credit yourself for. Have a nice day, man! 😁 Love your videos!
@lenalight3788
@lenalight3788 Жыл бұрын
I been following for a while and this has to be my favorite video you ever made. Thank you for talking about making realistic choices that match needs. Every family is different, it's not about being frugal and depriving, but it is a mindset like you said and that is something that has to be practiced continuously. If someone is working hard on rewiring their brain for better choices after a lifetime of bad decisions, once they get to good financial spot, it is so easy to fall back into bad habits. You have to keep practicing. It's just like sobriety.
@shaunmoorefinance
@shaunmoorefinance Жыл бұрын
Yeah this video was banger.
@averagekxd-_-6218
@averagekxd-_-6218 Жыл бұрын
Big facts
@Wendathena
@Wendathena Жыл бұрын
I am overall pretty frugal and agree that it is good to be generous. We live where we get a ton of snow (Donner Summit, CA). We've had 600 inches this year, with 80 inches more expected this week. Just tipped my driveway snow plow guy $100 who has been working day and night for the last 2 months to keep us cleared, and tipped the UPS guy $40 (whom I rely on for packages because I have a home based retail business). It felt good to let them know how much I appreciate them. And my husband likes having a hot tub, which I think is super wasteful money and energy-wise that he only used about every week. It recently broke and I think he's not going to replace it, so I am happy.
@ellendunn559
@ellendunn559 Жыл бұрын
Good stuff! One thing we spent money on when our two kids were growing up (in the 2000s) was Good Shoes. My husband’s family was very frugal about shoes and he grew up wearing cheap and/or secondhand shoes for far too long, and he developed problems with his toes and feet that are with him for life. He insisted that I buy our kids new, good quality shoes - not a lot of them, but what they genuinely needed - as they grew rapidly. They are now adults with healthy, strong feet and toes. Worth it!
@alleduc9419
@alleduc9419 Жыл бұрын
This resonates with me, as I've been shifting away from being so frugal too. It's not as easy as it sounds
@enoughness9335
@enoughness9335 Жыл бұрын
I have died to myself and want nothing. My problem is I like to give. It makes me happy and I give too much many times.
@dion789
@dion789 Жыл бұрын
I've been trying to live in a more frugal way, but the two things I won't skimp on are things for my pets and organic food. But on other things I'm willing to save money. Everyone chooses what's important to them.
@blah914
@blah914 Жыл бұрын
those are good priorities tho 🤷‍♀️ vet bills are hellish, and good food will keep you healthier and - barring things you cant do anything about- will give you a longer life.
@stschubs
@stschubs Жыл бұрын
oh man, that's what we've been triyng to do too! We were SO SO Frugal as well, and now it's like...we CAN say yes, saying yes is still hard haha
@ramonaearnest4709
@ramonaearnest4709 Жыл бұрын
Many times I can buy things on clearance and often with coupons cheaper than the thrift store!
@mandyadams918
@mandyadams918 6 ай бұрын
This is a conundrum for many of us - we want to be more mindful with our money but it is too easy to become cheap. I always try to look for cheaper options but sometimes I have to ask myself if I actually like the thing because it’s not he cheapest one or should I buy the more expensive thing which is what I really like. I say it’s about balance - if you always buy cheap you will be left unsatisfied but you should always ask yourself if you really need it in the first place
@jenniofdaisysdropbox2462
@jenniofdaisysdropbox2462 Жыл бұрын
I love Mint Mobile! It truely is NO different than the big box cell carriers. $1,200 a year to $240, yesssss please.
@Geor_000
@Geor_000 Жыл бұрын
Great video from you Gabe!!! You've always been impacting knowledge on the younger generations and I pray God keeps blessing you... I remember months ago when I joined your channel and watched a video where you spoke about your confidant on Virginnia maywynne, a financial consultant who has been a fundamental part of your journey, I am happy I reached out to her like you suggested, her one on one sessions on Financial Planning and wealth management has really made me better. Copying her daily course of action has helped me avoid mistakes as I've recently purchased my first house few weeks ago. Thank you so much I also feel you should make more videos like that, it will help people know the right person to use to get a better one on one experience when the youtube videos are not enough to avoid getting scammed, make wrong moves and make better yields.
@TerryLL
@TerryLL Жыл бұрын
Wow!! Congrats🎉 to you, being a house owner really sounds amazing and inspirational too. I'm working towards mine and I strongly wish myself the same🤲.
@Geor_000
@Geor_000 Жыл бұрын
@Lopez mckennie Okay, give me a few minutes to drop her details below.
@Geor_000
@Geor_000 Жыл бұрын
+1
@Geor_000
@Geor_000 Жыл бұрын
9843
@Geor_000
@Geor_000 Жыл бұрын
552
@constantinosglam
@constantinosglam Жыл бұрын
Sounds like living in such misery, has lead to a point where you feel guilty buying a drink and you need people's approval to justify spending $10. Frugality needs balance otherwise you end up in the headlines "They found millions in cash stuffed in the mattress of a poor old person who died of starvation".
@leighannestarks9178
@leighannestarks9178 Жыл бұрын
I also love being frugal. At our grocery it is actually less expensive to pick up groceries!! 😮 I also joined up with Mint when they were doing the buy 3 months get 3 months free!! LOVE finding ways to save money. Only pay for things that really matter. Appreciate the things I already have!! My dad was my best teacher of being frugal. 😁
@scherrigreene5602
@scherrigreene5602 Жыл бұрын
Good for you, both. Living experiences are so important. You never know what the future holds. Years ago, my sisters and I started sister trips. No spouse or kids allowed. Epic travel trips domestic/international via planes, trains, cruises, etc. Little did we know one of us would get cancer years down the road and pass. We have all those lovely experiences that we cherish each day. Be frugal but spend wisely/thoughtful. Thanks for sharing.
@nancydavidson2295
@nancydavidson2295 Жыл бұрын
Both my husband and I are frugal. We have two children. One is frugal the other buys every shiny object placed in his path. I often wonder if we could have steered him any differently. My other thought, check your insurance policies, perhaps lower the premiums by raising the deductible? Put the deductible amount in an interest-bearing account. You'll have the deductible amount if you ever need it and you'll be earning some interest on your money.
@lauraatterbury
@lauraatterbury Жыл бұрын
Share your sourdough pizza crust recipe!! I’m gluten free and I miss a good pizza crust! I’m just starting to learn how to make sourdough! Have any starter you want to send my way??
@maryannehibbard5686
@maryannehibbard5686 Жыл бұрын
Great message. I think balance and purpose are keys to good living. Frugal for the sake of being frugal - - or frugal to accomplish a goal, to prepare for the future, to be able to accomplish philanthropy, to live responsibly in this world, to avoid waste...
@jay-jay836
@jay-jay836 Жыл бұрын
Great video! Thank you 🙏🏾💯
@brendagordon5512
@brendagordon5512 Жыл бұрын
Thanks for your content, it’s really good!
@funmi1233
@funmi1233 Жыл бұрын
I appreciate your growth. Celebrate you bro!
@sharonlockwood1825
@sharonlockwood1825 Жыл бұрын
Great video and message.
@banginzaza
@banginzaza Жыл бұрын
I been through that phase. Some things you'll spend more for quality; like tools. Other things youll continue to probably be cheap with it; like a toothbrush. To each is own.
@thatgirlfromeasttennessee
@thatgirlfromeasttennessee 9 ай бұрын
I've always been frugal..my Dad and Mom were and it just was what I grew up around. My ex on the other hand was not, so we had very clashing money habits. But my wedding and honeymoon were under $100.00..yep. At 23 I was at the JOP in another city..bought a $19 adorable knee length white dress from Belk clearance, $10 cute white shoes clearance, $3.00 white sheer hose..and a $50 room at the beach at the time. We were married 13 years..two boys and had a good marriage overall . But our spending was so different. He was an impulsive spender, and I was always paying off everything, thrift shopping for clothes, coupon clipping, growing whatever food that would do well in our yard, everything was either bought on sale and I literally decorated our beautiful home with stuff people would toss out at the curb for trash pick up... Do I wonder what it would be like to have a wedding with the big white dress and awesome location and a party afterwards..sometimes..but it would be still a budget friendly thing. I'll never feel guilty about how I am with my frugalness and neither should you. Just make sure you are still enjoying life and balancing it. It's awesome what you've done for yourself and your family and sharing that with others. Your folks must be proud.
@Healthcoverageadvisor797
@Healthcoverageadvisor797 Жыл бұрын
I really enjoy your content thank you for sharing!!
@tiashadae1143
@tiashadae1143 Жыл бұрын
Thanks for touching on this topic!
@shaunmoorefinance
@shaunmoorefinance Жыл бұрын
Fantastic video Gabe.
@chickenmuffin
@chickenmuffin Жыл бұрын
The reason I normally spend more on items is: 1: Enjoyment. I like having nicer stuff. 2: Lifespan. Usually better stuff lasts longer, and has a lower cost per use as you say. 3: Resale value. This is worth considering. If you can use something for 3 years, and sell it for 40% of what you paid your cost per use drops further. 4: Hand me downs. If I decide not to sell something, at least I can give it away to a friend, family member, or donate it instead of throwing it out.
@MsCwebb
@MsCwebb Жыл бұрын
Exactly
@gracianafayedomingo
@gracianafayedomingo Жыл бұрын
Love to see this topic on your channel, Gabe!
@santogrl
@santogrl Жыл бұрын
Your editing is amazing! Love the content
@LivingInChrysalis
@LivingInChrysalis Жыл бұрын
There's a difference between being frugal and being cheap or a miser
@davisholman8149
@davisholman8149 Жыл бұрын
“Poverty mindset’ is not contributing to you life…
@johncabrera3126
@johncabrera3126 Жыл бұрын
Great personal information, thanks for sharing.
@sheriwilkins7129
@sheriwilkins7129 Жыл бұрын
Inspiring video You're are speaking my lingo!
@tatianagoleva4062
@tatianagoleva4062 Жыл бұрын
You are AMAZING! Love you content
@derbodybuildingbiograf
@derbodybuildingbiograf 7 ай бұрын
I am having a negative net worth right now at age 28 and right in the middle of turning that around. Your content helps me very much at the moment to overcome this phase. Thanks so much for your good work, Gabe!
@mikefixac
@mikefixac Жыл бұрын
Excellent video. I love it when it's real content and you share your own experiences. I believe Gabe, the time will come when you're way beyond FIRE. But your head's in such a good place now, it just seems to me you'll always be grounded and live a great life.
@SuzyYen82
@SuzyYen82 Жыл бұрын
Truly enjoyed this video and it has got me thinking too about frugality. Thanks Gabe.
@lorilindow2231
@lorilindow2231 Жыл бұрын
Hey Gabe! Would you be interested in sharing your GF pizza crust recipe? I have Celiacs and am always looking out for a new pizza crust. Like you, we have 97% of our meals at home so it would be nice to try a new crust. Thanks! Love your channel!
@markymarker52
@markymarker52 Жыл бұрын
Thank you, Gabe, for this video. I know it's been out for awhile, but I only got to see it now. I have been trying to figure out how to balance budgets and hearing you has been inspiring. Hope you get your Tesla this year!
@13noman1
@13noman1 Жыл бұрын
I particularly agree with your point about valuing one's own time to the point of actually hiring services/help for things that free you up to do what you do best. I've long since observed a genuine truth in life -- you pay with money or you pay with time. For much of my work life, time was a very precious commodity so we'd pay to, for example, have a deck put on; I can sink footers, run a saw and swing a hammer but even a straight forward project would take me two years to do -- two years of not enjoying that deck nor much else!
@GoogleUser-wx8mw
@GoogleUser-wx8mw Жыл бұрын
So glad you are balancing frugality with blessing yourself, your family, and others. Enjoyed your video.
@melissasanford2051
@melissasanford2051 Жыл бұрын
Yeah, live a little, you deserve it!
@debrandw246
@debrandw246 Жыл бұрын
Love your channel. I have been frugal all my life and I love it. I hate giving money to someone or something when I can keep it and save it or get something else. Thank you for a great channel.
@SKBottom
@SKBottom 2 ай бұрын
Frugality and minimalism is a sliding scale. It isn't one-size-fits-all.
@rbodhoo9840
@rbodhoo9840 Жыл бұрын
Amazing and inspiring super thanks for these great realistic approaches to understand the concept of money and living a happy life 😊 Always inspired after watching your video.
@susanpritchard7521
@susanpritchard7521 Жыл бұрын
This is a really cool video, seeing you make good and creative decisions. I get some good clues from you for living better on less. I think this shift of spending mindset means you are getting to a new age and stage of your life....and seeing the payoff for frugal living and smart sacrifices in the past.
@zoewilson8425
@zoewilson8425 Жыл бұрын
Although I can’t deny I panicked a little when I first saw the title of the video however it makes sense and was a great video as always - here’s to living life a little more often @gabe 🍻
@airplane381
@airplane381 Жыл бұрын
Your videos are amazing! Of late, I have been able to track my spending and have saved my money lately. Cooking Dinner every day has also helped me out financially and have been grocery shopping once a week every Friday.
@GabeBult
@GabeBult Жыл бұрын
👍👏
@cfinance-
@cfinance- Жыл бұрын
Great Video!
@Gtlr123
@Gtlr123 Жыл бұрын
Awesome video! I recently discovered online grocery delivery & I love it. I save a lot & don’t buy things I don’t need. I enjoy your content & have added your podcast.
@davereeble1390
@davereeble1390 5 ай бұрын
Love these videos. I have been trying to simplify my life a bit and the tips are helpful. I agree completely that living a simpler life is NOT just being a tightwad. I'm sure my kids think I an a spendthrift because I now pay other people to do things that I CAN do, but I value my free time at a higher rate than they charge.
@AlexiaArdelean
@AlexiaArdelean 4 ай бұрын
I just subscribed to your channel to help you get the MX. But please don’t underestimate that car, it has many features that will give you peace of mind, especially when somebody scratching your car when you park and charge it, but your Sentry records everything and the repair costs being paid by the other party. Also, if you get it, please make the Falcon doors dancing, it’s just so much fun 😂
@SenyoritaStoic
@SenyoritaStoic Жыл бұрын
Thank you! I'm no longer gunna deprive myself this month!! Lol. Love from the Philippines! Btw, I always love your curly hair!
@marydama8357
@marydama8357 Жыл бұрын
Beautiful Family . Beautiful Home!
@SummaGirl1347
@SummaGirl1347 Жыл бұрын
The sad part about this is the wonderful experiences you have deprived yourself and your family because of fears you developed as a child. And, believe me when I say, you will be old before you know it. Enjoy your wealth while you have your health, it won't last nearly as long as you think it will.
@batemanlife
@batemanlife Жыл бұрын
Sounds like you are finding a happy balance. You deserve it as you've really put in the work and you have a family.
@DebDoesReadings
@DebDoesReadings Жыл бұрын
I started in February once a month shopping at the food store. I make a list of ingredients I need to prepare meals for the month. Plus it saves me gas money and time. I also joined fetch it’s an app on my phone you take a picture of all your receipts they give you points when you have enough points you turn them in for gift cards. I’ve been saving my points for Amazon gift cards and then use them for Christmas presents for my kids. Thanks for the video 😊
@LivingProcess
@LivingProcess Жыл бұрын
Brilliant as always! Love the Time is money idea
@GabeBult
@GabeBult Жыл бұрын
Thanks 🙏
@thefilipinojoe
@thefilipinojoe Жыл бұрын
I’ve always been frugal, which to me means spending my money wisely and not being wasteful. I simply don’t enjoy luxuries. I’m a simple man and if given the choice between living in a cozy old studio cottage or a luxurious mansion, I’d choose the cottage. That’s why when I moved to the Philippines, I was able to live on very little. A lot of guys move here and claim they spend thousands here every month. That’s absurd to me. I’ve lived here on as little as $200 a month. I only spend more now because I like using my extra savings to hire someone who needs a job. Because pay is so low here, I’m able to give someone a job, and that makes me happy. Happier than living in needless luxury. I treat myself to nice things, it’s just not constant. It’s when one is constantly spending money on needless purchases or carelessly spending more than necessary for things that they’re no longer living frugally. Like driving three new luxury cars, renting the most expensive apartment, and going to Whole Foods everyday and ordering premade meals. That’s definitely not frugal. It’s borderline insanity. 😂
@WarriorsPhoto
@WarriorsPhoto Жыл бұрын
Ironically I am looking at how and who I can work with to buy back my time. As I am developing my businesses I am looking to build a group of people that will accomplish tasks. Good tips BTW and thank you. ❤
@DocPortland
@DocPortland Жыл бұрын
As the old guy, 56, I love this channel. Financial stability has very little to do with how much one makes, and 100% about how much one spends.
@Soulfulandvegan
@Soulfulandvegan Жыл бұрын
Balance is a good thing. You can enjoy yourself just don't put yourself in a place you have go do some extreme digging to get out of. Love your channel by the way 😉
@shanikacorb
@shanikacorb Жыл бұрын
Awesome video. Where I live the housing market is still into the millions for just a small family home so we have had to move back home to save for the future. Small sacrifices now for something greater to come.
@wendyduncan9084
@wendyduncan9084 Жыл бұрын
I think you are very sensible. Over restriction is just the same as over spending. They just have on different hats. I appreciate your balance now of spending where it matters to you. That is a huge thing. Our current goal is a new bathroom and bedroom. Next house goal will be a fence for the yard. Between those we are taking a break to celebrate our 28th anniversary and my 50th birthday. We have not taken a romantic trip with just the two of us since our honeymoon. Raising kids was expensive and that was our focus. This summer we are saving, planning, and anticipating a wonderful experience. This part is as fun as the trip will be.
@douglasvinicius8217
@douglasvinicius8217 Жыл бұрын
genious, one of the best videos about frugal life and minimalism !!!!!!!!!!!!!!!!!!! 👏👏👏👏👏👏
@GabeBult
@GabeBult Жыл бұрын
Thanks 🙏
@lindawilson4625
@lindawilson4625 Жыл бұрын
Great video! You and your family will always do well because of your mindset.
@HealthandWealthDad
@HealthandWealthDad Жыл бұрын
Love the video man and hmmm yea I really need to learn how to cut my own hair.
@tb7-rf1fb
@tb7-rf1fb 7 ай бұрын
This video was relaxing. It literally put me to sleep.
@ron-stoppable-rejuvenation
@ron-stoppable-rejuvenation Жыл бұрын
I love this dude 😎
@mindiwilhelm4322
@mindiwilhelm4322 Жыл бұрын
Oh man. I would love to have a hot tub. That would be hard to let go, especially after living through COVID. Too fun to have that in the backyard.
@chickenmuffin
@chickenmuffin Жыл бұрын
Frugality only makes sense when you don't have enough. If you have enough, you've earned the right to not be frugal. Also, it can get the point where you're saving pennies and in the process losing out on dollars.
@thehuntgray
@thehuntgray Жыл бұрын
It’s greed. Don’t let them fool you.
@thehuntgray
@thehuntgray Жыл бұрын
Frugal people who have money, that is
@kwokweng76
@kwokweng76 Жыл бұрын
what a cool video..........i love it
@Laura-je2uw
@Laura-je2uw Жыл бұрын
I really love your videos, you always give great insights. I am striving to be more frugal and i am slowly getting there. A big point of improvement i am working on is to cut down our familys grocery bill, i find the videos on your diet and meal ideas very helpful. I would highly appreciate more frugal meal inspirations. All the best to you and your family from france❤
@rebekahmulato8750
@rebekahmulato8750 Жыл бұрын
I love love love this video Gabe! There is the balance that we need!
@diogoramiro3987
@diogoramiro3987 Жыл бұрын
great video, also be careful because if you'r frugal and start spending money you could start being addicted to spending and ending up pretty bad, put limits (20% of X income) put goals into it, but also keep being frugal, so you won't get addicted on spending.
@Gimrison
@Gimrison Жыл бұрын
HI, Gabe. I have been watching some of your KZbin-content lately and got to the point where your goal is a Tesla. Go for it! Juste subscribed to help you. There are other nice electric cars out there, but I love your idea tu be frugal and have some objectives. Il work for MOVE public charging here in Switzerland. Thank you for sharing your thoughts and being authentic. 😊
@MRJLS15
@MRJLS15 Жыл бұрын
I always enjoy your videos and your different view points when it comes to things.
@GabeBult
@GabeBult Жыл бұрын
Thanks 🙏
@frugalcreativeliving
@frugalcreativeliving Жыл бұрын
I love the production value of your videos in addition to the content and your delivery style. I have those same frugal struggles with not being stingy with myself and others. Thanks for the video!
@manasseh7
@manasseh7 Жыл бұрын
I’m convinced mint mobile is the flagship for minimalists..I’ve been on it since 2018
@griselleisara3799
@griselleisara3799 8 ай бұрын
I payed off my car. ❤. That’s one less bill. I will drive that baby until the wheels fall off. I love the way you guys live. Baby is adorable by the way. Keep going. You will buy your Tesla. In no time. Keep giving good advice. Love your down to earth raw. Videos. ❤
@Learningthetruth7
@Learningthetruth7 Жыл бұрын
Great video! For me, being frugal got boring. I loved buying picture frames and enjoying family photos. Having extra blankets is great because I keep my furnace temp super low. I have always wondered if "sharing" subscriptions is kinda like theft?
@beckypetersen2680
@beckypetersen2680 Жыл бұрын
Unless it is magazines, I kinda think it is - like Netflix, etc.
@PQ_497
@PQ_497 11 ай бұрын
It is also important to note how value can be measured in different ways. For example, sure you don't always have to get your hair cut professionally but suppose you get your hair cut professionally before going out on a date with your wife that is such a valuable gesture for many reasons, e.g. shows you want to look good, put in a little extra effort and it will make her feel special. Or maybe it won't and this is just a hypothetical but you get the idea.
@redphoenixdefense7072
@redphoenixdefense7072 Жыл бұрын
You have helped me tremendously in the last few months. From the book reviews to the ideas on saving money. I now live with a more concentrated focus on financial affairs. Thanks Brother..! Great work..!!!
@GabeBult
@GabeBult Жыл бұрын
That’s awesome to hear. Keep it up!
@danikeebler1662
@danikeebler1662 Жыл бұрын
I grew up poor but never knew food pantries. There is frugal and there is self debting. Frugal is buying underwear at discount stores, self debting is getting another year out of wearing them. Eating frugal is frugal, skipping meals to save a dime is self debting. If it is something you truly need, want and are willing to give up somewhere else it is adding to life. If it really would give you quality of life or an essential but you deny it it is self debting.
@ElizabethMora-sl4eq
@ElizabethMora-sl4eq 2 күн бұрын
Interesting concept.
@teenoso4069
@teenoso4069 Жыл бұрын
Frugal living shouldn't be a reduction in standard of living, but making smart focused choices to maximise happiness from each $ or £. The worse thing would be a stingy mindset which like a runner at one pace is difficult to change as you are conditioned with guilt and remorse
@GabeBult
@GabeBult Жыл бұрын
💯 agree
@XPengMotors
@XPengMotors Жыл бұрын
Or €
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