Why LOOKING POOR Is Important

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Vincent Chan

Vincent Chan

Күн бұрын

Пікірлер: 1 000
@VincentChan
@VincentChan 4 ай бұрын
🔥 Join my FREE $1,000 Savings Challenge on Oct 1st → learn.vincentchan.co/save1k 📝 Discover your custom path to financial freedom with your FREE personalized Wealth Action Plan → vincentchan.co/quiz
@jpd5430
@jpd5430 4 ай бұрын
Where did you get your glasses with clip on?
@AMPProf
@AMPProf 4 ай бұрын
NO CHILD go gooche or go home.. Lolz naw grab slipper and broom and bucket
@christ.4977
@christ.4977 4 ай бұрын
Another pro by not appearing wealthy is that you're a lessor target for theft or robbery.
@SafeEffective-ls2pl
@SafeEffective-ls2pl 3 ай бұрын
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
@VincentChan 3 ай бұрын
@@jpd5430 jins!
@jasongreenwood3260
@jasongreenwood3260 4 ай бұрын
Oh, I don't just look poor....
@VincentChan
@VincentChan 4 ай бұрын
😅 what did you think of the video?
@jasongreenwood3260
@jasongreenwood3260 4 ай бұрын
@@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
@foxtrotwolf6081 4 ай бұрын
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
@fredp3088 4 ай бұрын
You're an over achiever 😅😂😂😂
@WillThrill13
@WillThrill13 4 ай бұрын
😭😭
@PetraHanner
@PetraHanner 4 ай бұрын
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
@ridita5221 4 ай бұрын
They are nice people.
@Radoslav-gk7wu
@Radoslav-gk7wu 4 ай бұрын
Yes, cars are first parameter that neighboors value your wealth...
@mukhademonyo6449
@mukhademonyo6449 3 ай бұрын
I mean.....they're nice neighbirs though with good intentions XD
@SafeEffective-ls2pl
@SafeEffective-ls2pl 3 ай бұрын
I have a 2008 Highlander with 335K miles. Can I have some free eggs?
@mukhademonyo6449
@mukhademonyo6449 3 ай бұрын
@@SafeEffective-ls2pl i mean. if you were my neighbor you would. Because my family has a chicken coop.
@LexPrima2131
@LexPrima2131 4 ай бұрын
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
@dforrest4503 3 ай бұрын
That’s a great lesson, both for you and the salespeople.
@content_watcher_only
@content_watcher_only 3 ай бұрын
1 calamity will destroy all your material things, you did a great job.
@hblee88
@hblee88 3 ай бұрын
Great story! And the Wisdom to appreciate this lesson of life. Kudos to you.
@cataboss8288
@cataboss8288 3 ай бұрын
👏👏👏
@CUBETechie
@CUBETechie 3 ай бұрын
I don't care about luxury brands. Clothes should be comfortable, practical and suited for the tasks
@Courtney-Alice-Gargani
@Courtney-Alice-Gargani 4 ай бұрын
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
@lewismcelroy6946 4 ай бұрын
I don't even go to gym instead home gym
@earlbee3196
@earlbee3196 4 ай бұрын
@@lewismcelroy6946 You need to get out more .
@Radoslav-gk7wu
@Radoslav-gk7wu 4 ай бұрын
​@@earlbee3196 gym is indoor my darling ❤😂🎉
@margasessentials986
@margasessentials986 3 ай бұрын
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
@MADMOGtheFrugal 3 ай бұрын
​@lewismcelroy6946 the gym is a worthwhile expense if you actually go
@Jimwood-tt2je
@Jimwood-tt2je 4 ай бұрын
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.
@ThanhTran-i1i4v
@ThanhTran-i1i4v 4 ай бұрын
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
@7oeseven793 4 ай бұрын
Yeah that’s not as simple in 2024. You had the advantage of being alive before all that house inflation.
@Jimwood-tt2je
@Jimwood-tt2je 4 ай бұрын
@@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
@jp_jas 3 ай бұрын
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
@Steffi455 3 ай бұрын
Stealth Wealth i Like it. Congratulations Enjoy you're retirement
@Javy_Valen_Tain
@Javy_Valen_Tain 4 ай бұрын
The less you want, the happier you will be 😊
@jamestrent-nw9zb
@jamestrent-nw9zb 4 ай бұрын
The best friend I have in my life is a balloon called Gary...who could ask for anything more?
@OGillo2001
@OGillo2001 3 ай бұрын
BATMAN
@ireeneua956
@ireeneua956 3 ай бұрын
No expectations no suffering.
@Pathtoadulthood
@Pathtoadulthood 2 ай бұрын
Preach
@Cine-Cultura-TV
@Cine-Cultura-TV 2 ай бұрын
and less you will have
@camels9654
@camels9654 3 ай бұрын
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
@audience2 2 ай бұрын
Settle down and have kids.
@user-ml8dm9fz6l
@user-ml8dm9fz6l 2 ай бұрын
not really, some people live lifestyles beyond their means even if they have money. not everyone, but lotta people do it.. living with debt is the new american dream. nobody buys their home outright, people pay monthly.. like their car. it maybe a lambo, ferrari, bmw, mercedes.. people in general pay for big ticket items over time
@thomashenao
@thomashenao 2 ай бұрын
@@audience2 yuck
@altseason_musik
@altseason_musik 2 ай бұрын
@@audience2 who do you think you are to give orders to others who you dont even know?
@urdessstardancer9598
@urdessstardancer9598 2 ай бұрын
@@altseason_musik I think he is saying that all of camels comments become harder when you are not single with no kids. Less responsibilities, easier to do as you wish when you wish.
@qxrt3294
@qxrt3294 4 ай бұрын
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
@tedpark6814 3 ай бұрын
Maybe the fancy clothes and cars don't really contribute that much to their personal living experience.
@splashmoby
@splashmoby 2 ай бұрын
Honestly they don't even look poor or trying to, they are simply not too bothered with style and fashion, that's all.
@nunyabisniz8047
@nunyabisniz8047 2 ай бұрын
No they are not. Bezos has multiple private planes. It's all a PR stunt.
@JackTheStrippa
@JackTheStrippa 2 ай бұрын
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
@user-ml8dm9fz6l
@user-ml8dm9fz6l 2 ай бұрын
they don't have to prove anything because the public already knows their high value celebrity title
@Azel247
@Azel247 4 ай бұрын
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
@Ngerdg 4 ай бұрын
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
@try_2_b_kind 4 ай бұрын
Yes. Nischa also uploaded a video 2 weeks ago with same title.
@colinrussell2017
@colinrussell2017 4 ай бұрын
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
@s.v.discussion8665 4 ай бұрын
LOL....that's it.
@Think20244
@Think20244 4 ай бұрын
They all take the same course to teach or make a video of whatever topic. Within a month everybody does the same thing
@surgeonvicryl4872
@surgeonvicryl4872 4 ай бұрын
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.
@Hunty49
@Hunty49 3 ай бұрын
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.
@insidethebnb
@insidethebnb 4 ай бұрын
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,
@minngael
@minngael 2 ай бұрын
lol yeah all these "classy if you're rich, trashy if you're poor" tips on KZbin & tiktok. Eyeroll. They'll act like they invented frugality.
@PK-db9qj
@PK-db9qj 4 ай бұрын
I look poor. Because I am poor lol
@orangefruit12
@orangefruit12 4 ай бұрын
😭🤣
@ManojKChat
@ManojKChat 2 ай бұрын
You have access to the Internet, so no excuses for being poor 😊 you must be joking. right?
@audience2
@audience2 2 ай бұрын
Bonus points unlocked 🎉
@minngael
@minngael 2 ай бұрын
@@ManojKChat Almost everyone has a smart phone these days, if you don't, libraries still exist (in spite of all attempts to close them) yes some people don't make an effort but not everyone can get out of poverty.
@edheldude
@edheldude 2 ай бұрын
You're dedicated to the role!
@annjones9635
@annjones9635 3 ай бұрын
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.
@Tamietwist
@Tamietwist 4 ай бұрын
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
@ljnsaagaming 2 ай бұрын
100 % agree and also looking after the highly quality items and repairing if possible
@Jack_Clemans
@Jack_Clemans 4 ай бұрын
Thank goodness! I am REALLY good at looking poor.
@benton-benton
@benton-benton 4 ай бұрын
Haha, me too. I try to look invisible as much as possible.
@RyanStevet
@RyanStevet 2 ай бұрын
There's a book called Hidden Time Wealth, and it talks about how using some secret techniques, you can overcome procrastination and accomplish anything in life. It's not just a bunch of empty promises; it's the real deal.
@ahsan7
@ahsan7 2 ай бұрын
interesting, who's the author?
@JohnSmith-qe6fb
@JohnSmith-qe6fb 4 ай бұрын
My wife needs to watch this video so she will leave me alone about my wardrobe 🤣
@VincentChan
@VincentChan 4 ай бұрын
LOL
@GregLeBon
@GregLeBon 4 ай бұрын
Me too!
@regalchic
@regalchic 4 ай бұрын
😂😂
@Steffi455
@Steffi455 3 ай бұрын
Then show it to her
@KeiAngelus
@KeiAngelus 3 ай бұрын
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.
@MONI-bj1ms
@MONI-bj1ms 4 ай бұрын
I dropped by a high end salon that accepted walk-ins wearing jeans and a t-shirt and they refused me service
@VincentChan
@VincentChan 4 ай бұрын
what! thats outrageous
@MONI-bj1ms
@MONI-bj1ms 4 ай бұрын
@@VincentChan thank you I thought so too
@sshreddderr9409
@sshreddderr9409 4 ай бұрын
most likely not because of clothing, but because of your physicality, face and mannerisms making you look poor.
@Agent77X
@Agent77X 4 ай бұрын
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!😊
@MajesticLawnGnome
@MajesticLawnGnome 4 ай бұрын
@@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
@ryan-patel
@ryan-patel 3 ай бұрын
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
@lextergarrielumanito4649 3 ай бұрын
Bro you're taking it out of context, "Reasons Why Looking Poor Is Important "
@ryan-patel
@ryan-patel 3 ай бұрын
bro stop talking shit if you haven't read the book
@fireflythinking1290
@fireflythinking1290 2 ай бұрын
It's not about looking poor (which can sometimes equal to "looking trashy") it's about looking sober and simple, pragmatic and reasonable, which makes you look trust-worthy.
@underwatch1738
@underwatch1738 4 ай бұрын
That grey tshirt on zuck cost 500$
@Th3Visitor
@Th3Visitor 4 ай бұрын
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
@CARNEWB
@CARNEWB 4 ай бұрын
They want to wear brands but with no branding on it, its like u walking around like a Ad... ​@@Th3Visitor
@alvaronos
@alvaronos 4 ай бұрын
Have you seen the title? It says LOOKING POOR, not being poor...
@appollo1826
@appollo1826 4 ай бұрын
@@alvaronos Who are they looking poor too. Anybody that they are around is rich.
@Simplydivino
@Simplydivino 4 ай бұрын
@@appollo1826 is giving the illusion that they're everyday people eventhough theyre the 1%. Basic psychology plays
@stachowi
@stachowi 4 ай бұрын
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
@jamestrent-nw9zb 3 ай бұрын
ALL FUR COAT AND NO KNICKERS.
@splashmoby
@splashmoby 2 ай бұрын
All talk no action
@rkuo7678
@rkuo7678 18 күн бұрын
Instead of looking poor, I say it should be financially and ecologically responsible. That why I tell my kids.
@IMPULSOESTATICO
@IMPULSOESTATICO 4 ай бұрын
Miami bro that makes $50k/year - drives a Maserati (salvaged of course). Seattle dude that makes $300k/year drives a Prius.
@VincentChan
@VincentChan 4 ай бұрын
which one are you?
@IMPULSOESTATICO
@IMPULSOESTATICO 4 ай бұрын
The one in the middle 😀
@goldenturdZeniru
@goldenturdZeniru 4 ай бұрын
Try driving a Renault Twingo then. Parks better than a Prius and much cheaper 😂. Just don't buy Renault stocks, though 😂
@kaizokud42
@kaizokud42 4 ай бұрын
I work from home. So neither
@splashmoby
@splashmoby 2 ай бұрын
I have a bicycle
@ChristopherJohnsons
@ChristopherJohnsons 3 ай бұрын
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."
@bryanramos9783
@bryanramos9783 3 ай бұрын
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!!!
@fjorddenierbear4832
@fjorddenierbear4832 2 ай бұрын
5. Beggars will bother you more 6. Some people will treat you better, but often with ulterior motives
@saurabhprabhakar3096
@saurabhprabhakar3096 3 ай бұрын
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.
@sshreddderr9409
@sshreddderr9409 4 ай бұрын
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.
@dan203
@dan203 4 ай бұрын
Bezos has a $35M car collection and a $500M yacht. He doesn’t drive a 1997 Honda Accord or attempt to look poor.
@VincentChan
@VincentChan 4 ай бұрын
he was still driving a 1997 Honda Accord years after becoming a billionaire (this was as of 2013)
@80sidd
@80sidd 4 ай бұрын
But it’s 2024 now
@VincentChan
@VincentChan 4 ай бұрын
@@80sidd yes, it's an example of a person who became a billionaire and was still frugal years afterwards
@theboringchannel2027
@theboringchannel2027 4 ай бұрын
@@VincentChan it was marketing for selling stock to investors. Frugal man = frugal comany with little waste.
@kamilug-2393
@kamilug-2393 4 ай бұрын
@@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.
@hq1082
@hq1082 4 ай бұрын
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
@babibrain 4 ай бұрын
Yes. The ultimate goal is to have nothing = happiness. Likewise more things, more desire, more shits = more problems
@SilVia-hs2kb
@SilVia-hs2kb Ай бұрын
@@babibrain who's ultimate goal is that? Ask people who have nothing how happy they are,LOL
@Lokey21
@Lokey21 4 ай бұрын
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
@shyonemami7388 2 ай бұрын
Nissan Altima's are known to have terrible transmissions. Many of them break at 20K miles.
@user-ib7it2li8f
@user-ib7it2li8f 3 ай бұрын
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
@miriamrobarts
@miriamrobarts 2 ай бұрын
I wouldn't think of it as "trying to look poor", but not getting caught up with comparisons and appearances is good advice. Paying extra for popular name brands doesn't make sense to me. But it's good to consider buying things that are moderately priced and good quality. If you know you'll use it longer, it could be a better choice than something cheap that will wear out quickly.
@3UM6A6BE
@3UM6A6BE 2 ай бұрын
Exactly! He made up a false dichotomy of looking rich vs looking poor, both of which require effort. Instead, you should just look like a sane middle-class person
@mrgreenfull3897
@mrgreenfull3897 Ай бұрын
My friends cousin is a tax inspector. She said that when someone comes to her office to complain about high tax, she looks at persons clothes, shoes, watch, anything that will say "this person can pay or cannot". So she said if you go to a tax inspector, look poor !!! 😂
@ThomasSmith-z5q
@ThomasSmith-z5q Ай бұрын
Anyone else here obsessed with 25 Money Secrets From Donald Trump? It’s like discovering a secret treasure map for wealth!
@beanzbeanz
@beanzbeanz Ай бұрын
LOL wat
@KernelFault
@KernelFault Ай бұрын
Just buy his shoes, bible, watch, and NFTs. Then he will be wealthy. How is this a secret?
@michaelnienaber8263
@michaelnienaber8263 27 күн бұрын
​@KernelFault Jealous much?
@KernelFault
@KernelFault 27 күн бұрын
@@michaelnienaber8263 Who, exactly should I be jealous of? It is the shoe buyers, who paid hundreds of dollars that are identical to shoes that can be bought on AliExpress? Or is it the owners of Trump's $100,000 watch? A watch Trump is so certain you will be happy with, there is absolutely no return policy? Our how about the NFT owners? Which one did you buy? I'll bet you got the cowboy. You seem like a little boy who likes cowboys.
@michaelnienaber8263
@michaelnienaber8263 27 күн бұрын
@KernelFault isn't it obvious you're jealous of Trump 🤣🤣🤣
@mariavictoriasalita5273
@mariavictoriasalita5273 Ай бұрын
Poverty screams; money talks; wealth whispers. Plus Fake it 'til you make it. I agree and believe in these adagès. Thank you.
@MrHaydnSir
@MrHaydnSir 4 ай бұрын
this is why i don't understand branded clothing, paying more to look rich ..i think it makes you look poor
@HUEHUEUHEPony
@HUEHUEUHEPony 2 ай бұрын
poor people buying advertisements LMAO
@nabilaa9749
@nabilaa9749 Ай бұрын
It does , but it definitely makes the brand owners rich😂😂
@JoeyStrife
@JoeyStrife Ай бұрын
I realized this getting older. Once I started more income I went a little crazy with stuff I thought I needed. I think moving from Low income to middle class income is such a drastic change, maybe bigger than I thought. Once I realized I got stuff I wanted, I felt a little empty and found myself getting things just because I was bored. Now I just keep to upgrading any basics. Maybe a nice sweater or a phone that will last me a few years. The challenge now is just reminding myself how fortunate I am to have a space to myself, I’m no longer hungry, and I have access to a hot shower. That’s the biggest flex I can give to my younger self, and that’s where my priorities need to continue.
@Miaisabelle-yk6rd
@Miaisabelle-yk6rd 3 ай бұрын
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.
@khushbookukreja1327
@khushbookukreja1327 7 күн бұрын
How did you do it???
@whitenoisejosh-sleepfocusc2917
@whitenoisejosh-sleepfocusc2917 4 ай бұрын
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.”
@beltingtokra
@beltingtokra 4 ай бұрын
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. 😊
@Sc0pee
@Sc0pee Ай бұрын
Many rich people look poor, because they are (in lack of a better term) penny pinching or money wise however you see it. And that's also the main reason they are rich in the first place. It's a personal trait and as such something that is embedded to them. And then there's other reasons why someone might want to drive their old car until it brakes down like anti-materialism, green thinking or just because they have grown to like their old car. But more importantly, many self-made rich people have one thing in common and that is respect for money.
@Marchant2
@Marchant2 2 ай бұрын
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.
@wuza8405
@wuza8405 2 ай бұрын
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.
@yarn-rdgz
@yarn-rdgz 4 ай бұрын
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
@babibrain 4 ай бұрын
Yes. The more you look poor, the poorer you will become.
@maschenyy
@maschenyy Ай бұрын
Agree. Balance is the key
@koketso_dithipe
@koketso_dithipe Ай бұрын
"Why BEING PRAGMATIC is important."
@Liam-iv7wk
@Liam-iv7wk 4 ай бұрын
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
@worldsdumbesttrumpturd....3143 4 ай бұрын
I like how people dressed in the 50's. Classy
@targetegrat
@targetegrat 4 ай бұрын
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
@transitengineer 4 ай бұрын
@@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
@transitengineer 4 ай бұрын
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
@splashmoby 2 ай бұрын
I only wear uniqlo I hope I don't look like a low level gangster
@tomtommyx
@tomtommyx Ай бұрын
sending this to my wife, wish me luck boys
@Sacheess
@Sacheess 4 ай бұрын
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.
@TechStache
@TechStache 4 ай бұрын
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
@RocketVet
@RocketVet 2 ай бұрын
I don't want to LOOK really wealthy, and I don't want to BECOME really wealthy... I don't want my life's focus to revolve around trying to make as much money as possible. I don't wanna be that kind of person.
@ガンコ
@ガンコ 2 ай бұрын
I can look fine without spending a lot, I go to the second hand stores here. The stores here have such cheap clothes in good condition it is a crime not to buy them. I wear them till they turn into rags, and then I use them to clean stuff around the house. It's awesome.
@SneakAhtakk
@SneakAhtakk 4 ай бұрын
if i saw my neighbor with a tesla cybertruck....i wouldn't buy a porsche....i would just laugh at them
@CharismarInc
@CharismarInc Ай бұрын
This is absolutely one of the biggest lessons that could ever be taught. Humanity as a whole could be tackling bigger problems than trying to look rich.
@lwandle_rorisang
@lwandle_rorisang 4 ай бұрын
I’m so glad I found this channel!
@VincentChan
@VincentChan 4 ай бұрын
that means a lot, thank you!
@sinkinpat
@sinkinpat Ай бұрын
I have been looking poor my whole life. My newest car was made in 2007. The average age of all my cars is 1958. Started working in my field 25 years ago. I made $9 per hour. I took a pay cut to go from HVAC into Engineering Tech with my AS degree. The people I worked with in engineering told me to put whatever I could to get company match in 401K. So I started with 7% to get a free 3%. My coworkers also suggested adding 1% to that every year until I got to 15%. This way when I got a 3% raise, 1% went to retirement and I still felt like I got a 2% raise and I never missed the 15% because I never saw it or felt it. I followed their advice. Let’s just say the advice and cheerleading I got from coworkers put me on a path to be able to retire in 5 years at 55.
@yvan2563
@yvan2563 3 ай бұрын
Modern life has flushing toilets, electric lights, cooling and heating, food from all over the world, modern medicine, cellphones, videogames and the internet. Your standards of living are much higher than the most powerful people who lived only two centuries ago. Keep that in mind and forget the superfluous things that would only barely impress your family, friends and neighbours for a few days.
@skiingislife3786
@skiingislife3786 2 ай бұрын
You're right - I just started my financial journey. That being getting out of the massive hole from the last five years. It's gonna be a long journey...
@applemauzel
@applemauzel 3 ай бұрын
3:38 until you realize by inflation, you are likely paying all that 200k for just one porsche anyways in 10 years.
@JaneBernicee
@JaneBernicee 2 ай бұрын
The way Hidden Time Wealth dives into the concept of productivity is mind-blowing. Hidden Time Wealth tips are pure gold, and I wish more people knew about them.
@foodlover8151
@foodlover8151 4 ай бұрын
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
@babibrain 4 ай бұрын
Yes. The extreme rich be better be secretly rich to avoid unnecessary problems
@cedrickshelton3674
@cedrickshelton3674 2 ай бұрын
I will say that as an aspiring T-shirt Millionaire, I do already have some rather conservative views on clothing and cars. I absolutely care nothing for Fashion Brands and as a Clothing Designer, I can actually recreate any clothing brand I want to, but mostly I wear shirts advertising my business every wear regardless of the venue. But I think more than anything Frugality is more a genetic personality trait of introverts more so than a deliberate choice that might be more difficult for extroverts to control the urge to splurge on brands and flashy things; because I have a brother who has to have the newest tech gadget and car and he constantly makes fun of my conservative clothing and image. Meanwhile, I have a business going on 13years, while he's had 3 failed businesses in the same timeframe. Since I admire Old Money, I've learned that their daily image is usually quiet luxury brands, while they prioritize investments over brands many of which are depreciating liabilities.
@frenchfruga4851
@frenchfruga4851 4 ай бұрын
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
@VincentChan 4 ай бұрын
love it! are you based in france?
@frenchfruga4851
@frenchfruga4851 4 ай бұрын
@@VincentChan yes ! south of France exactly , enter this town " Valence , south of France "
@frenchfruga4851
@frenchfruga4851 4 ай бұрын
@@VincentChan yes ! Enter " Valence " south of France , this is where i live
@scriptmonkeys123
@scriptmonkeys123 2 ай бұрын
I live in a poor neighborhood and it drives me crazy when I see my neighbors driving around in cars that have had expensive modifications. I always feel like screaming at them, "Why did you buy that? You can't afford it!"
@jennyfromtheblock9484
@jennyfromtheblock9484 4 ай бұрын
the poor want to look rich and the rich want to look poor
@motivationalchad..
@motivationalchad.. 3 ай бұрын
whyy
@Aston_martin69
@Aston_martin69 3 ай бұрын
​@@motivationalchad..boring more you get more you bore
@Aaron-bh5cp
@Aaron-bh5cp 3 ай бұрын
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.
@rebeccaholloway7296
@rebeccaholloway7296 2 ай бұрын
The Box Strategy is golden!! I've never heard this before but will be implementing that asap!! Thanks :)
@daedae7798
@daedae7798 4 ай бұрын
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.
@mariya5378
@mariya5378 4 ай бұрын
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.
@richardsonguerrier840
@richardsonguerrier840 2 ай бұрын
Look poor is crazy work of advice tbh people will judge you regardless of your status js better advice could of been you saying don’t go broke tryna look rich that makes more sense
@TopFindsReviews
@TopFindsReviews 2 ай бұрын
Yessir! money is a tool.. I use it to build my wealth!
@TaeyangOh
@TaeyangOh 4 ай бұрын
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".
@MareFarah
@MareFarah 2 ай бұрын
The concept of Hidden Time Wealth blew my mind. It’s like finding a cheat code for productivity and defeating procrastination.
@shaduck06
@shaduck06 4 ай бұрын
I agree basically with this, until I've gotten police bullying
@VincentChan
@VincentChan 4 ай бұрын
omg what do you mean police bullying?
@johnnyt9022
@johnnyt9022 2 ай бұрын
You got bullied because you look poor 😢?
@Alderose
@Alderose 2 ай бұрын
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.
@AB-tb5yh
@AB-tb5yh 2 ай бұрын
Taking Better help as a sponsor is morally wrong. I'm not gonna continue watching this video and any in the future
@Zee06
@Zee06 2 ай бұрын
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.
@yodoleheehoo90
@yodoleheehoo90 4 ай бұрын
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
@Duke_of_Prunes 4 ай бұрын
Same with me. I don't enjoy drawing attention from strangers, especially not in New Orleans -- being flashy is dangerous in many neighborhoods.
@content_watcher_only
@content_watcher_only 3 ай бұрын
I really need this, thank you for tour content. I'm 100k in debt now, I hope I can survive.
@Jensoncorpuz
@Jensoncorpuz 4 ай бұрын
Where are you finding a Toyota Camry for so cheap or even a cyber truck for so cheap lol
@jamestrent-nw9zb
@jamestrent-nw9zb 3 ай бұрын
Walmart (Between the broccoli and the mushrooms)
@admiralrng6506
@admiralrng6506 3 ай бұрын
​@@jamestrent-nw9zbtheir cybertruck expired so I got a Tundra instead
@genachattin
@genachattin 3 ай бұрын
Beat me to it. Can’t even find a used Camry for that right now
@AmbroseIsraelsd
@AmbroseIsraelsd 2 ай бұрын
Hidden Time Wealth is so unique. I can’t believe I hadn’t heard about it sooner. It’s amazing how life-changing this can be for anyone battling procrastination.
@GeoFry3
@GeoFry3 4 ай бұрын
Looking poor. It's a talent that comes to me naturally. Seriously, it is easy to live below your means once you let things go. I retired at 45 from a blue-collar job. Cars paid off. The newest car in the driveway is a 2011 Toyota. House well on its way to being paid off. No student loans. Credit cards paid off. Investments growing. Now I am self-employed and work when I want to work. I charge anywhere from $25-300hr depending on the job, and if I feel like doing it. Had two $2000 days in a row this week. (Automotive repairs.) I have a ceiling job and roof repair job lined up on Monday for another $500 ($100/hr). The money robots (investments) do their thing when I'm feeling lazy.
@nitinkamble1123
@nitinkamble1123 Ай бұрын
I enjoyed watching this video. It totally makes sense. And I think lot of people can save themselves from unnecessary misery if they understand these simple things.
@jocosus3
@jocosus3 4 ай бұрын
2:05 The icon for the Tesla cybertruck should have been a lemon - #LOL
@ianhart8037
@ianhart8037 3 ай бұрын
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.
@alexagerein
@alexagerein 2 ай бұрын
STOP PROMOTING BETTER HELP!!!!!!!!!!! its a scam
@lotuseater7247
@lotuseater7247 Ай бұрын
This is no secret. But it isn't quite so simple, I think. Very wealthy people will still buy things that are expensive but isn't so obvious. It will be quality over logo or status symbol. And truly poor people have an aura of poverty that no yuppy can imitate, nor would they want to. That being said, it can be a useful tool for recognising people you should avoid. For example, when I was trying online dating, I would steer clear of anyone brandishing a Chanel bag, or Prada etc. in their main photos. I knew they would be trouble; economically and socially.
@rrezartagashi7605
@rrezartagashi7605 4 ай бұрын
Why is every video of yours a copy paste from Nischa???
@cl9803
@cl9803 4 ай бұрын
great minds think alike sorry i mean great minds like to copy
@mo-akif
@mo-akif 3 ай бұрын
Ok dude I thought it was just me. He's def copying her. LITERALLY THE SAME TITLE of the vid she posted 2 weeks before him.
@splashmoby
@splashmoby 2 ай бұрын
Well I better go sub to her instead
@transitengineer
@transitengineer 4 ай бұрын
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).
@edwardsanchez3708
@edwardsanchez3708 4 ай бұрын
I walk around looking like so much of a hobo that the hobos give me food and cash
@tyreelittlejohn4026
@tyreelittlejohn4026 3 ай бұрын
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.
@vamsikrishna8027
@vamsikrishna8027 4 ай бұрын
So finally I am better at something without having to try hard!! Lol
@sprezzatura8755
@sprezzatura8755 3 ай бұрын
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.
@ruthdenham8211
@ruthdenham8211 3 ай бұрын
Great video! I really have a question. For someone with less than $5,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach?
@gregsmith1584
@gregsmith1584 3 ай бұрын
Trading without a professional guide.... Hud i laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders
@uluhitah12
@uluhitah12 3 ай бұрын
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
@mamzellilooo
@mamzellilooo 4 ай бұрын
Great video. I was a process control engineer (just retired 2/21/24) I would always stress test my projects just to make sure it would work under all conditions. Also depending on the government. But I found away of earning more income despite my Retirement. $57k weekly returns has been life changing, after so much struggles.
@babytruca02
@babytruca02 4 ай бұрын
wow this awesome 👏 I'm 37 and have been looking for ways to be successful, please how do I make such weekly??
@mamzellilooo
@mamzellilooo 4 ай бұрын
@@babytruca02Maria Angelina Alexander I really appreciate her efforts and transparency.
@mamzellilooo
@mamzellilooo 4 ай бұрын
I remember giving her my first savings $20000 and she opened a brokerage account for me it turned out to be the best thing that ever happened to me.
@mamzellilooo
@mamzellilooo 4 ай бұрын
My outlook on money changed when I realized someone making $200K can retire broke & someone making $80K can retire a millionaire. With the current market movement.
@KuramaUchiha-id1ow
@KuramaUchiha-id1ow 4 ай бұрын
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.
@IsaacFergus
@IsaacFergus 2 ай бұрын
Discovering Hidden Time Wealth has been one of the best things I've done for my productivity. It feels like I’ve finally cracked the code to overcoming procrastination.
@PaulCeridwen
@PaulCeridwen 2 ай бұрын
Hidden Time Wealth blew my mind. I’ve shared it with friends, and they’re all amazed at how much more productive they've become.
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