Why Saying ‘No’ to Money Is Important

[@StewieGuitar]

Too much money is a burden. The best things in life are usually free, like going for a walk, which is my favorite thing to do these days. Cheers Austin :)

[@alexkx8599]

Same, but that's because I'm old, fat, and crippled, lol. I'll take any money you don't want, though! 😀

[@IrisP989]

Maybe it is a burden for you if you have no kids or no kids with delays. Then, as a good parent, you would want them to o be secure and ok after your death.

[@StewieGuitar]

@@IrisP989 I understand your point of view. I meant its a burden relative to the person understanding and capability; some have a lot of money and help others and are happy doing so, or just dont mind their fortune and others have way less and are obsessed with it. I dont think money gives so much security to a person as one might think though, given the multitude of bad things that can happen to a person in this life. Regarding kids i still think the best a person can do is love them and give them a solid moral foundation, or as the Spanish say, make them happy and throw them to the sea. Money is nice, i wish i had more of it, but sometimes life throws some curveballs at you and when you come out from the other side you really start aprecciating things like health, and a clear conscience. Thats when you start aprecciating walking. I love walking! Cheers! :D

[@IrisP989]

I understand what you are saying. You can make your kids happy and throw them to the sea if they are normally developed. Otherwise, it is on you to make sure that you have the means to take care of them and leave them money to be taken cared of when you are gone. In that case, all the money that you can make and keep for them is necessary. @@StewieGuitar

[@StewieGuitar]

@@IrisP989Oh i didnt understand what you meant at first since English is not my language. Hey then i believe you have a very good point and its a very fair thing to do indead. Best wishes to you and your family. Stewie

[@eddiestilll]

i love this message. people always ask me why don't i "strive for more" or "be more ambitious" with my career but i've already defined what enough is for me. there's much more to life for me than just making more money. money does matter, but only up to a certain point. i don't need more stress as i have a healthy work/life balance, make decent money, and am just happy with my current work situation. everything in life is a trade off!! which includes getting more money

[@blogdesign7126]

Congrats!

[@_Feed_Me]

My boss, whom I have a great relationship with, encouraged me to “climb the ladder”, and last November I told her, “no thank you, I’m headed to Morocco for a month, as soon as you approve my time off.” When you don’t have debt, you have options, it’s great.

[@kingchris6998]

💯💯🙌🙏

[@jonathanmcgovern2464]

Can always chase and make more money, but can't get time back - rather live below means say no to MORE money which is saying no to more stress and yes to MORE precious time for yourself which is not infinite.

[@lionheartministrys3933]

Exactly thats what I believe too. Also you cant take all the money and stuff with you in the grave. Just be content with food and clothing.

[@KellsSmith1244]

You’re a philosopher with a day job. Highly valuable information you share and I can tell you as a human with decades of experience what you say is true.

[@ElAgustin]

Or with a KZbin channel!

[@AlejandraEnChile]

I needed to hear something like that. A lot of times I feel bad because I don't strive for more, because people tell me I'm a wasted potential, because I don't care about a successful career. But the truth is, with the money I have in my bank account, investing, my house, and my very simple lifestyle, I don't need to work at all (it's not that much money for people from the US, but it's enough for my South American life). And I've been enjoying being lazy the past few months. As soon as I get my residence card, I might look for a job as a tourist guide. The salary is bad, but it's something fun that I already know I enjoy doing. Chasing more and more seems pointless, when I can just enjoy life. My husband works in different parts of the country, and I'm able to follow him wherever because I don't need to have a job, that way I can explore all Chile 🎉

[@daviddean6032]

Another fine video, Austin. More money means more hours on the hampster wheel and less time to enjoy life. Many of us are in a hurry but the race stops only when we are permanently in a graveyard. I wished I had smelled the flowers and looked into the sky more when I was younger. I sure do now. I'm 65.

[@gabrielafonseca4034]

Even though I didn't reach my financial goals last year I realized, I was able to retire early this month. In 2018 I finished paying off my condo, three years earlier, by living on a shoe string and getting a second job. Even though I quit the second job I continued saving what I used to pay as mortgage and turns out that will cover my expenses for several years and allows me to leave my job, which had become very toxic recently. People say adapting to being jobless will be very hard. I've been unemployed for ten days for the first time since I was 17, so we'll see, but I don't feel it yet

[@ellekirk7369]

"People say adapting to being jobless will be very hard". NOT. There is so much creativity, part time job you actually like, volunteer work, gardens chasing a dream, Living the dream, pickleball, kids, grandkids, new skill, afternoon naps, etc etc.... You've got this

[@caroldraper5017]

I love this. I am retired with what most people consider a low income but I only spend about half of it. Im amazed that so many financial advisors on line recommend gigantic amounts of money to put away before you can retire.

[@Jacquie_Kirk_111]

Augustine, ignore your stats, and just BE YOURSELF! You are amazing, be yourself and the money will come to you! Be the best you can be, and you'll be successful!

[@ellekirk7369]

When I worked in the corporate (Silicone high tech) world, I enjoyed being an administrator or executive secretary. I was also very good at it. I worked for one or two people and always knew the pulse of the company. I was getting paid by the hour and if I worked overtime it would be at 1/5 x's. In the company, HR and all others felt you should work your way up. I finally got talked into in. I became the lowest level techie, shoved into a dark office and was NOT in my wheelhouse. (Technology is not my jam). What turned from my lovely employment changed to intense stress, and I wasn't even that good at it. Interestingly, although my salary was higher, I was never paid for overtime (Which was more extensive as a technologist) I made more money as an executive assistant. You make so much sense Austin. And I just realized it years later. :)

[@trialanderrorbym.f]

Great video,once again,I love the title miserable rich😂.I said no all the time in my field too,turn down shifts.i try to live within my means so I don't have to work so much.I want to work 20-30 hrs /week.i can I have time to live life.

[@johnsalay5397]

I quit my better paying job a few days ago. I decided to make my part time less paying job my full time job. The job I quit was so toxic and I would spend more money to " buy some happiness". I already have everything I need. Now I have peace in my life and it's priceless.

[@326159487d]

I stand behind this for 💯 percent. More money, beyond the goal of 'enough', isn't healthy. And everyone has a different 'enough' tipping point. Life is there to search for it yourself.

[@mbank3832]

I am exactly the same thing. My manager asked if I am interested in a promotion but I just vaguely responded neither accept or no. If I got promoted, I will have more headache and more money doesn’t help. People will ofc say it’s because of my performance so I am not getting promoted all these years but b*tch pls. I don’t care what you think or believe, my mental health being is way more important than what you think of me lol

[@fafa1648]

As someone who has climbed the ladder multiple times in the last 2 years, here's what I can tell you: My hair went from completely dark brown to nearly all white in this same time and I get the blame for everything that happens in my department. Know what you are getting yourself into in full before you jump in just because it's a promotion and/or pay increase. It could be worth it, but it also may not be the wisest option. Also, if you get an increase, *DO NOT* increase your life expenses. Keep on the same path you were on if possible.

[@mbank3832]

@@fafa1648 I am so sorry to hear this. Your predicament is exactly why I am not accepting. My manager and most of the VPs have one thing in common, the top of their heads starting to go bald, probably due to stress. And let’s be real, a raise come with your promotion for a reason. Imagine you’re getting promoted but pay stays the same then a higher title won’t be as appealing, it’s all because of the money. Since my health insurance doesn’t cover seeing a psychiatrist, I will be my own psychiatrist and prevent any mental illness from the job. Take your health in your own hand !

[@ellekirk7369]

@@mbank3832 I just wrote a comment above on the exact same thing!

[@KittyKat-vb1nd]

That is truly an American problem. The value of quality of life is lost on many.

[@ElAgustin]

Yeah, capitalism can really force you in a scarcity state of mind. It's all about the individual figuring things out on their own here. When I went back to Ecuador a year ago after being gone for 2 years, I had this realization that after being back in the US for two years I had forgotten how to relax as American life sucks you in! It's nearly impossible to not get sucked in by this way of life.

[@Oliver-ud1ij]

@ElAugustin Just apply what you're saying. I'm in the US since 2008 and never got sucked in its way of life/work. You seem to be a balance young man with a lot of opportunities ahead of you. Just take them and never look back. As ime says in the comment: be yourself, not what others or the algorithm wants you to be.

[@alexkx8599]

@@ElAgustin Ecuador?! Isn't that where the Ewoks live?! 😅🤪 I know this because I watched a documentary on it called, "The Return Of The Jedi"! 😆😄

[@vimalou1]

Thank you so much for this video. It came at a right time when I was deciding and getting stressed about adding extra money , when it truth, I already have everything I need. I suddenly saw the light and real answer that I need after watching your video❤

[@nicolasbenson009]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[@Suleferdinand]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

[@SandraDave.]

This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

[@DorathyJoy]

Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.

[@DorathyJoy]

My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@Kin-28-8]

Thanks, I just googled her I'm really impressed with his credentials. I reached out to her since I need all the assistance I can get.

[@jilross4892]

There is nothing more important than freedom. Working for any company will strip you from it. You cant decide when you go on vacation without discussions, you cant decide what hours you work or if you dont want to come into office a day or two. No freedom

[@realsatoshihashimoto]

That's why it's sometimes termed "wage slavery."

[@georgeandrews2839]

I'm retired. I tell younger people to find a job they can do when they are 70 and doesn't exhaust them mentally or physically. Enjoy your life as you go. You might not make it to retirement ( accident, disease ). Plus you can have more fun $100 when you're 30 than you can on $1000 when you are 70. Definitely put back money for a rainy day, but don't spend everything on a future you're unsure of. Don't waste your youth by becoming a workaholic.

[@jessicawalton7]

Love this. Such wise advice...thank you!

[@jessicawalton7]

Thank you...very wise advice!

[@fluffffyheart]

Thank you!❤

[@molchaniazolotovacommunica9015]

the Spanish mañana : elegant way to choose relaxation over work

[@GrannyLinn]

Yes. Balance.

[@michellehamilton5088]

I fell into all those traps and eventually burnt out. At the moment I'm not working at all because I became so unwell. Great messages Austin!

[@blogdesign7126]

Hope you are OK. But yes sometimes you had no choice at the time when you fell in all the traps.

[@TheFatesLieutenant]

100% agree. The key points, in these scenarios, I've discovered, are to truly "Know Thyself", know and FOLLOW your underlying principles, and do not accept added responsibility simply for the money (or the title) - that way lies madness. What tends to happen is the more discerning and stable you become, the more opportunities and options will appear - choose wisely, pay close attention, improve/strengthen your inner self and, as I've discovered, things become simpler and easier and more joyful as time goes on. One primary ingredient is TIME - things just need/take time. I joke (sort of...) with people that, if you don't fight the Universe, it won't fight with you.

[@mook3542]

You are philosopher at the finance area ❤😊

[@blancaaaestela]

This has been top of mind for me lately. I’m nearing that next step in my career and have been reflecting if it’s something I even want, and if so, why do I want it? Money shouldn’t be the only driving factor. Great video, as always!

[@KrisVic91]

I should have never left my min wage car wash job. Just cycled to work, outdoors all day, listening to the radio. But I left to chase a few £ an hour more. Why? Because my ego said I needed to.

[@ellekirk7369]

Car washers are the Bomb. Especially good ones. :)

[@videomgs]

I liked the message in this video. I can relate to many aspects. I tend to take on new challenges and push myself to learn new things and grow my skills. But at the same time, I have learned how important it is to maintain a comfortable work-life balance. Unfortunately, I'm not aways successful. It can be hard to say no. But I find when I'm not overwhelmed with work, I actually work faster and smarter with the added plus of not getting overstressed. Puts me in a much better flow and I feel good about myself and my work all while getting to spend quality time with friends and people I love.

[@GrannyLinn]

I first heard this around 1990 when I read a book by Joe Dominguez and Vicki Robin, “Your Money or Your Life.” Worth searching the used bookstores for that one.

[@PetraHanner]

Your videos are always thoughtful and unique. More than enough has become the new baseline for most people.

[@danicegewiss862]

I was just offered a job. He asked me how much I needed. My husband's paycheck is so big I don't need to work outside the home. I want to work because it helps keep me sane to get out of the house. I told him a figure that was about half of his check. It was a high figure, so I was surprised when he said yes. I hope I like the job. I enjoy your videos. You're doing great. I see your numbers growing. Congratulations on the growth.

[@joycegonzales4994]

Money is like the bell curve, there is too little, or excess, but the sweet spot is enough, the top of the bell curve.

[@trialanderrorbym.f]

I like that

[@kaceykelly7222]

Excellent podcast! It is only when I recently started saying NO to money that I started seeing the true value of other things and people. How wonderful it is to have that experience!

[@bethanyh.9489]

Thank you for your wisdom Austin. I totally agree with you, it's essential to take stock of what's more important and to prioritize health, wellbeing, and a balanced lifestyle over money.

[@angeladawn805]

This is exactly where I am at with work. The only way I could get out of Zero hour contract, and doing multiple jobs but being stung for secondary tax (on minimum wage) - was to accept an assistant manager position. So I now get to enjoy a whole bunch of unpaid hours, and a cascade of BS from HO which gets in the way of doing what I do best. Unlike Spiderman, I have great responsibility, but no power!

[@noreenn6976]

Suggestion, post more shorts. You can clip pearly words of wisdom from videos you've already created.

[@HeatherCampbell-kc7fx]

great video. I might have to watch it a few more times so I get it through my thick head to take this summer off and not worry about how much I am not making.

[@ianbarr4716]

El Augostine.......I COULD NOT AGREE WITH THIS VIDEO MORE!!! Thank you for this one. I needed to hear this one. Cheers.

[@flohough1870]

Very well put. I used to work with someone who was money obsessed. She couldn't understand anyone who wasn't like that. Yet she was the one who kept borrowing money to make home improvements because she could "write the interest off on her taxes." 🤣🤦‍♀

[@bessieoriotis5104]

Austin thank you for saying what my priorities are. I.agree totally with what you said 😊😊

[@danielleonfirehernandez5150]

I needed this video today. Perfect timing.

[@TheUSHUAIA07]

Excelente Agustín!

[@shadowsatmidnight]

This was a brilliant video! I always enjoy them but this one really resonated with our family ♡

[@CarolineOceanaRyan999]

Wow -- great video, thank you! Great points I really needed to hear. 👍

[@rachelwalsh4378]

Great message Austin! Remember self care 👍 🏴󠁧󠁢󠁷󠁬󠁳󠁿

[@BrianK-zz4fk]

Excellent video! Hits really close to home as I had a job with fexible hours and benefits but not being paid the most I could. Commented on a few vids of yours and subbed 👍. Love your back to basics approach.

[@Revert2017]

I had a dad who always told me to go after the most money. I don’t recommend it all.

[@blogdesign7126]

Hope your family didn't lose their minds when they did chase the most money in practice.

[@Revert2017]

@@blogdesign7126 The family is completely dysfunctional. I am truly one of the most damaged people I have ever met (I am sure there are worse but I don’t know them). The money never really showed up. They declared bankruptcy twice (both times with over 100k in consumer debt). My parents are 76 years old paid off their house last year after refinancing twice and taking the money out. Sadly, I was a single mother who followed that advice. I worked constantly. I made great money but never had any. My son and I are “okay” now but he definitely holds resentment toward me- there was no security for him. Augustine, I would love to see a video about how frugality gives children security. It is a firm foundation. Debt and wasteful spending is a house of cards. I believe children know that. If I had to do it again, I would work “normally”, live within my means and make sure my son came home to a home cooked meal each night- one that smells good and makes child feel like they are “home”.

[@gerrikim8545]

This is wonderfully refreshing.. on Friday I was wondering when your video would be released, so now I understand. Thank you for your honesty about the real and many challenges of being a content creator. You really work hard to provide relevant but fresh perspectives that I didn’t know I needed to hear 😆 How’s Star ⭐️?

[@mangayakposowa4334]

Good message. And the plant hexagon art display in the background is a slight distraction because it’s so aesthetically pleasing❤

[@AtoZ-lq1ur]

As a teacher, i don't want to chase promotion. You know why, the highest your posistion in the academe, the more you have a stressful workloads and less time for quality life. Sure, it will give you a decent salary but it will not give you peace. The one way for you to stop is either you resign or you die. Well, we only have one life and i don't want to waste it. ❤

[@joyceconnolly1065]

Don't say no to money; just keep it in balance in your life. ❤️

[@alwaysgrateful6337]

Thank you for your VERY valuable insight.

[@BigMama2022]

Your words of 0:50 wisdom are concise and easy to understand. Thank you!

[@Katherine_xs]

You could start doing challenges with us, would motivate me even more to do it😊 like one month no buying clothes/2 weeks no takeout/lowering bill of electricity/groceries below 100$..

[@NolanB91]

THIS

[@GrannyLinn]

I LOVE this idea!!

[@comeconcon569]

Money does not buy happiness,but the reality is people can't survive without it. people need food, clothing and a roof over their head, but we can't get that if we ain't got no money.

[@dee-clutteringqueen5881]

So true 😊

[@dako89]

Thank you for these videos

[@kredit787]

Philosophically the mental attitude of never having enough is considered poverty. On the other hand, those who are content with enough can be exploited with low wages. But also, those not content with enough can be exploited to keep chasing the carrot.

[@lucianaloureiro487]

Excellent!!! Thank u so much ❤

[@Grovelaar]

Great Topic

[@dezignerjay]

Yes We Have to Be Content with Our Wages ⚡

[@monishthomasp]

Muchas gracias el Agustin.. - you’re getting more and more spiritual and less money minded with each day.. not sure if I like it.. just kidding - a great video as usual ❤

[@kevinhanley6462]

Wise words!

[@frithar]

Hey, all. Make sure to let some of the ads play for Austin.

[@mendipfox1650]

40 hour normal work week! Hahahaha (laughs in a European Accent) 😂 point 6 in particular is incredibly powerful and should be taught in schools.

[@plappin]

This is a tough one: it's easy to say, "Pace yourself," but I imagine it's very challenging as a KZbinr, to feel you're at the mercy of an algorithm that is largely beyond your control. To me it seems you're doing great and with each additional video, you have a larger archive of material, which must still get views, likes, and subscribers. It's like being an actor: there's always one more class you could take or one more audition you could go on or one more headshot you could send out (if people still send out headshots). But you also need to be able to enjoy the here and now. If you're paying your bills and, largely, moving in the right direction, I'd say set firm limits and schedule days off regardless of the situation. Otherwise you're going to burn out. Nothing you don't know already, I'm sure! LOL

[@ElAgustin]

I would compare being a KZbinr to being a musician: in order to stay in the game you have to constantly be on top of your game. Audiences are very fickle. I always think about the song, "The Entertainer," by Billy Joel. "I am the entertainer And I know just where I stand Another serenader And another long-haired band Today, I am your champion I may have won your hearts But I know the game and you'll forget my name I won't be here in another year If I don't stay on the charts." Haha, this is what I always think about, but it's still better than a 9-5 job in my opinion and tons of character building!

[@plappin]

@@ElAgustinTrue, but one important difference is that when times are tough, audiences shrink; in contrast, the KZbin audience is growing, especially the audience for finance-related videos. You're on track to hit 100K this year, right? For only two years in, that's excellent!

[@ElAgustin]

@plappin I appreciate it! It's been one hell of a journey I wouldn't change for anything! Sometimes we just forget to look at the big picture! I'm always happy to see you commenting on every video! You've been around since really early on!

[@craigcarter400]

Being overcommitted could make it where you become committed in the very bad way.

[@bellamontalvo9295]

Your way of thinking it’s just admirable, I’m struggling with not being totally able to be independent and thinking all the time how can I make more and more money so I finally can do it, and this is so refreshing for me. Thank you Austin, I watch your videos every day while having breakfast 🫶🏼

[@Scarface1337_]

El Augustine! Can you do a video on the best or your recommended Index funds and how much they grow your money on a monthly basis? I want to start dumping 1k or so a month into them after being down so much on small cap stocks since 2022 I am ready to safely grow my money.

[@livingoncoffee]

Great video!. Wow!!!

[@kindraporter3887]

Hello, El Augustin!

[@pianotnt]

I'm not playing the lottery right now even tho the jackpots to both are really high but the chances of winning it is 292 million to one

[@seemagrover4228]

Online increase stress too

[@donlarson3884]

You need money. With insane U.S. inflation problem you definitely need to keep good investments for as long as you live. If you ever run out of money your life will be very miserable. Your money and your health are your most important things. You won't do well without either.

[@diabeatit5189]

How is Georgia working out for you? The summers will definitely be different, but you lived here before so you know that! Hot "Lanta for sure haha

[@Restless318]

why do think rappers sing more money more problems true story thanks

[@lindyft1488]

I don't chase Money

[@tinamatijas8154]

❤

[@seemagrover4228]

Unrealistic expectations is not each and every human beings problems?

[@darkelf1000]

im the 1k thumbs up...your welcome

[@dako89]

Do you have a car? I am curious

[@JollyJumper-l1v]

Room Tour 😊

[@IrisP989]

I disagree. Maybe you can say no to money if you have no kids so you are only responsible for yourself or you just don't care about your kids. You should definitely care about money if your kids have some delays or disabilities (that is if you are a good and loving parent).

[@MicMorDim]

Avoid being very avaricious!

[@lucianaloureiro487]

👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻

[@alexkx8599]

What you say is NOT irrelevant and it is also good to know and think about...BUT the point of money is also other things. Such as making it for your family. But there's more to it than that. Once you start making a certain good amount AT LEAST half of it will go away on death once our over reaching government force takes it away from you. Then the other half becomes significantly worth less because the politicians have raided and raped the public treasury to oblivion and to the extent we will never be able to pay it back. So...can I have any money you don't want?

[@alexkx8599]

Ha! I didn't get censored by this site! This place is incredible what they allow to be seen and what they don't!

[@seemagrover4228]

How many are stinking ly rich in the complete population of the world????

[@victorbaird8220]

Maybe Austin should get a part time job to relieve stress 😊

[@ElAgustin]

haha, I always tell people no matter how stressful this gets it's still better than any other job I've had. A bad day fishing is better than a good day at the office!

[@victorbaird8220]

@@ElAgustin good response thanks 😊

[@seemagrover4228]

Isn't believing in??? Never ending journey too????

[@wathah323]

Your talking is so funny and interesting. 🤔 Mmmmm 🤔 Mmmmm

[@juliem.3936]

How ironic! The same hedonistic treadmill you try to get away from (working for the man) still haunts you working independently for KZbin!!

[@ElAgustin]

You're always working for someone!

[@juliemarkham4332]

​@ElAgustin I think that's the downside of KZbin: you get a channel, then you gotta get sponsors, then create a team, and on and on it goes until one day you wake up and realize KZbin wasn't what you thought it would be--total freedom.

[@mmajinn]

The 🪴 is finally there!

[@mmajinn]

Ow, the left one is empty now 💀😂