You Don't Need To Make More Money, You Need To Spend Less!

[@rjahn3000]

Yes my 250.00 Samsung Galaxy phone does nearly everything a 1,000 iPhone does, and my 07 Malibu gets me where I'm going. One of my biggest life lessons was "stop thinking what other people think" .

[@markwhittaker6866]

PREACH!

[@rhettinski]

Simple rule. If I earned my own money, then how I spend and utilize it is my business . Such is true for everyone else.

[@trialanderrorbym.f]

​@Rhett Taylor 😅I agree with that too,I use to let a lot of ppl in my business, im living more in hidding,it's not like u care abt what they think,it's wise for a better life.

[@emanuel_soundtrack]

No it does not, it is not safe

[@mschlund1]

Me too, I'll take Android any day over the iPhone thing

[@cmahesse]

100% agree! I HATE spending money. I send my paycheck to my savings and just transfer over exactly what I will need for bills/groceries and just tell myself that I’m broke. 😅 I’ve had the same iPhone 6s and a 2006 Prius, both paid for with cash.

[@chris7285]

Me too…..iPhone 6s gang 📱😆

[@dianebarone1542]

People eating out nonstop is such a waste of money. Now people have 7 year car payments just so they can drive a luxury car. Now with everyone loosing their job, it’s clear most people have no savings. CRAZY

[@taoist32]

Diane Barone It’s not necessarily a waste for me. We all have priorities. I like eating out. I always save between 20%-30% of my gross income per paycheck just for regular savings, save 5%-10% for my investments, and the rest for current expenses. Eating out is one of my expenses. Unlike most, I keep my budget simple yet effective. My savings are higher than 70% of the population despite not making much money per year. I am frugal and don’t buy anything if it is not a need. I don’t desire to buy fancy cars or fashionable clothes or shoes. I buy at discount stores most of the time. Eating out is my pleasure so I do it.

[@nightfighter7452]

My sister had to replace the rear axle on her old car for about 2k. I doubt it was that severe but regardless, she sold the car entirely for about 300 bucks and used that as a down payment on a car she now has to pay over 500 dollars a month for for the next 6 years. The old car was perfectly fine and paid off. Instead of helping her replace the axle, my dad told her to just get a new car. He knew in advance what the payments would be too. I can't stand my family sometimes 💀💀

[@NoFate247]

It's not what you make it's what you keep

[@blessedbygod3430]

So much truth! YES my $6.00 coat from the GoodWill gets lots of compliments AND keeps me warm.

[@selflove428]

I'm decluttering my closests

[@steveshea6148]

Yaaaas! goodwill baybee

[@xbirdsofparadise]

Thrift shoppp! Yes! Same with my $20 faux fur coat

[@willspoon1207]

I spent almost $50 on a shirt back in high school .... now I spend $0.25 to $2.00 on my shirts at garage sales and thrift stores .... (they are still name brand btw)

[@rhettinski]

Here's how I'd think of it. Thought process age 16: "Does this make me look OK or help me fit in?" Thought process age 40: "How long will this item last? Are there any alternatives?".

[@alchristensen8121]

A lot of the desire to impress goes back to childhood and our teen years when we're trying to establish our worth, a higher spot in the social pecking order, and since we don't have many actual achievements to set us apart, we use material goods as indicators. A lot of people never grow out of that.

[@justo4461]

This is spot on!

[@gravyhippo]

Very well said. I screenshot this comment because I want to remember it

[@Ronald_Jon]

I came home one day thinking I needed a new leather coat bcuz my current leather was about 15 yrs old and severely faded. But, the leather didn’t have any holes in it and still in good condition, besides being faded. I just happened to have some black leather dye and mink oil paste. 3.5 hrs later I had a new leather jacket, at least that’s what people thought because it came out perfect. Didn’t cost me anything bcuz I had the supplies already. If I had to put a cost to it, $4 on 1 bottle of black leather dye and about $4 for small container of mink oil paste. I spent $400 on the original leather jacket that I had for 15 years and now it’s good for another 15 years or longer if I take care of it.

[@cherylT321]

That’s awesome! I have two jackets that are way too big for me; both jackets are about 15 years old! l refuse to get rid of them because they are both so warm and still look good after all this time!

[@catherinehazur7336]

That was a great idea that you creatively acted upon, Ron! And you feel so much better now than you would have if you'd gone out and paid hundreds of $$$ on a new one You ought to do a KZbin video on what you did!!

[@catherinehazur7336]

@@cherylT321 I know exactly what you are talking about! I have items that are 20+ years old that are still good, I enjoy wearing them, so who cares?

[@cherylT321]

@@catherinehazur7336 Exactly 👍

[@madrossi1]

How much is 1 hour of your time worth?

[@boldandcourageous4176]

I bought a jacket at Walmart for $21.00 my favorite winter jacket of all times.

[@lindseyjohnson2980]

I’m 32 and I’m just now finally starting to get this! I can’t wait to start changing my life! Thank you Tim!!

[@HKOutdoors5561]

It's not about how much you make it is about how you spend the money you have. Great video Tim.

[@divonnejackson9345]

Love this video! I started on the minimalism journey about 3 months ago. I am so hooked. I cleaned out a storage unit I had for 4 years (saved that payment), I stopped playing the lottery (saved that money) and I stopped shopping unless I need something. Basically I have stopped chasing money and at 61 years young I have never felt so happy and content in my life. It feels so good to be out of the rat race. Thanks for your videos Tim!

[@markwhittaker6866]

Absolutely fabulous.

[@ricoender8020]

Hey I'm 37 and have semi practiced this entire life. I buy in all cash for everything I have and rarely have had to do payment plans.

[@jayyi6657]

Exactly Tim. This is what I always say. Spend less.. Don't worry too much about making more. And don't spend on things we really don't need. Great advice.

[@prettylittlephotons]

I'm fascinated with the psychology behind human spending habits and patterns. Modern day marketing has the game and gone!

[@pennyc7064]

Totally agree! I do however make sure to buy quality shoes even if it costs a bit more since there is better support for feet, knees and back. In my experience, cheap shoes don't last.

[@nubiansis4440]

Yeah, I was thinking the same thing. Buy a few quality things instead of a 100 cheap, low-quality stuff you have to replace often.

[@tranger4579]

​@@nubiansis4440you can't go wrong with quality. It's well worth paying for it.

[@CJ-fh5xq]

Also learning how to fix things saves you so much money. I work on my cars and fix household appliances. Maintenance and repairs will save you in a long run.

[@ZakkuTakku]

I booked a trip to Niagara Falls, Canada just yesterday thanks to putting money away, instead of spending it as soon as I got it. The whole concept of "keeping up with the Jones's" just isn't worth it. Great video man!

[@AC-kl8gi]

Tim, you are absolutely right. I have learned to cook more and every week that I eat something I cooked, I save a bunch of money! I will finally treat myself out to eat but only two to three times a month. It works when you're trying to save money. Furniture? When the time comes, will get it at the habitat for humanity Re-store. I love that store. Oh yeah, I go to KZbin for dinner ideas!

[@67NewEngland]

a c -Furniture, also many furniture stores have a clearance area and much of what is in there is perfectly good and new . It's just that the line may have been discontinued or salesman ordered a customer the wrong color fabric. If a mattress has it's plastic opened it needs to be clearanced and often marked down half price.

[@barbfox3692]

Love the restore!!!!

[@TheMoneyMakingMentor]

My 3,000 sq ft house is so expensive to run. After I retire this year i will be downsizing.

[@Skyfoxx23]

Tim, you are so right! “I’ve had a good life, but it’s not the life I wanted”. Those words ring in my ear ever since I saw your video where you explained this. I feel the same way 😞.

[@Skyfoxx23]

I have family that happen to have the good luck in life that everyone wants and they constantly throw it in my face. I’ve stopped interacting with them to a bear minimum but it still hurts when they throw it in my face 🤷‍♀️. Now, I’m happy to see people win at the game of life because I know what it means to struggle, suffer & survive but don’t throw it in my face that you made it, constantly, when you know that I’ve lived a life of struggle 🤷‍♀️

[@SweetSugarLemonade]

Thats how you do it. When people arent good for you, you cut them off. You should never feel like you are not good enough. I myself dont care if you walk around with clothes you bought at the thrift store or in some expensive brand store. If we can get along thats all that matters to me. Your character impresses me more then your 1000 dollar shoes.

[@Bugoy21]

Lots of people buy bigger houses so they could invite friends over and at the same time show them how much "beautiful" stuff they have accumulated.😂

[@ladybird491]

I started having more money when I became a stoic and ended up being able to pay for alot of dental care this year which was not cheap. Eating out and buying shoes was costing me big time and I had to cut back big time, now I seldom ever eat out and I don't buy shoes unless I need them and won't be buying anymore for some years unless they winter boots (which I need) or sneakers if my sneakers get holes in them.

[@jas2beinspired146]

Honestly, I’m working on living simply but also treating myself. It is hard lol

[@lisa-fg8zh]

More stuff adds to more stress/problems. Stuff has to b stored and insured and has to b serviced/fixed.. If u don't have all the expensive convenient stuff, you won't have money worries on how to take care of it all.

[@johnferreira9857]

I got turned on to this whole mentality and mindset from last year after I had to give my Jeep back to the bank. Preach it brother. A hundred percent right right. Your boy Johnny

[@wronggg]

There's a limit to how much you can save, but no limit to how much you can earn. Therefore, I think the best course of action is to maximize money first, while secondly minimizing stupid stuff (wasteful expense).

[@faithbranshaw6574]

Yes and then invest so the money grows. Anybody can invest, its not just for the rich. Invest invest!

[@OluwaShagoon]

the world is one big popularity contest ... its very sad

[@darkforce7387]

Your knowledge has helped me focus on minimizing my life. Thanks in advance.

[@TheNDex]

Pay yourself first, don't pay others!

[@vxgaswxrld]

After becoming self employed I had no choice but to do this!! I’ve come along way and money management is freedom ❤️ I’ll be off the grid soon! 🥳

[@MohamedAbdi-fb9qn]

I am glad ive found your channel. You are absolutely right brother!

[@TimothyWard]

Welcome to the journey Mohamed!

[@DavidDavisDH]

I'm definitely doing this now, minimalism is my gateway to saving money and a different outlook on life. I really love this message!

[@Bluebayou933]

Wow!!! I thought I was the only one thinking this way 🙏 great video!!!

[@kendrah1616]

Yep, absolutely my mindset going forward in life.

[@ringomayhem]

Another great video Tim! I got into firearms. Expensive hobby. A big part of the collection is now consigned at a local shop. Im also selling my camper and motorcycle. If all goes right, ill be out of debt other than the house payment. And then we will deal with that. Appreciate your channel!

[@TimothyWard]

Thanks Joe! Good luck with the lowering of the debt. Seems like you are going at it full steam ahead!!!

[@davidotuoma1865]

Brother you have hit the nail on the head...

[@ajfeinman]

Cable is the easiest bill to get rid of.

[@TimothyWard]

I'm surprised cable is even still around lol

[@ricoender8020]

I was raised by a very strict family money-wise because of it. May not have had a lot growing up or all the other stuff that other kids had but at least I was able to live comfortably have food or roof over my head and education nature outdoors. Whenever I've worked at places I've always been kidding because I'm rich they call me, no, it's just that I saved a lot. When I bought my first vehicle they would kid me that I was rich because I bought a very nice vehicle, I'd said no I bought this and it's what I wanted. and your so right and about how we utilize our money it's our own business. Also with budgeting my parents were strict I learned a lot and have avoided debt in fact I've never been in debt thankfully because of that.

[@chris7285]

I split rent between 3 others. I don’t own a car anymore, I do food delivery on an electric scooter. There’s nothing flashy about anything I wear, I don’t subscribe to any entertainment services, I don’t eat out, and I’m still saving money despite only earning around $200-250 per week

[@chasingsimpledreams]

I think my phone cost 100 or 150 a few yrs ago from Cricket. All paid for. Pay 30 a month for cell bill. And u should see some of my sunset photos and the comments i get. (And no filters used). I do not need $1000 phone.

[@jane_7193]

This is exactly so. You are ahead of many in your way of thinking.

[@abdulidi733]

Thank you for sharing this educational message. You broke it down very well!

[@67NewEngland]

Tim's making a thrift video from the drivers seat of his new Cadillac Escalade with leather interior...lol! Just joking Tim.

[@maskedninja6883]

From this day forward, I’m gonna start doing this because I got to admit I’m not good with money and I could be better with it. When you deal with anxiety, depression, ADHD and Asperger syndrome and live out on your own. It’s pretty hard to do.

[@vusviews]

YESSSSS EVERY WORD TIMOTHY!!!!

[@ricoender8020]

Always wanted to try the nomadic life, right now though theirs an abundance of jobs I don't have that many relationships with people where I am. I've discovered that I make better and more friends when I'm away from my locality and with those who don't know me at all.

[@doloresvangaal2248]

I do believe that this mindset can help society is a whole.. and make the survival of its Members a bit easier.

[@keithbailey7535]

Spending money on things u cant afford to impress people u dont know

[@rainsara2795]

I need to hear this, thank you! A simpler life is for me.. Experience > Material

[@lorenl9262]

YES Sir!!! Shed the bull$hit in your life and YOU will have all of the money in the world....LE$$ BILL$ LE$$ money!!!! In the the words of Notorious BIG,,,,,MO Money Mo problems!!!!

[@mschlund1]

Bob Wells said " more stuff= less freedom"

[@sidharthachauhan4830]

GoodVideo

[@CozyToni]

Great advice! Simple living! 🤗 Thank you

[@eheheh3263]

I’m getting rid of things and keeping the essentials like my slow juicer and my gym equipment... things that benefit my health and body

[@HaroldLeeDye]

Thanks for posting these vids. Harold at 69 yo in East TN / had a H.Attack so a wake up call . keep up your good work.

[@wisconsinrailstotrailscycl4277]

Tim has the right idea, he is wise & should be listened to, folks! I just LOVE the 50% off sales, when they sell the items from 50% off the SUGGESTED price, which is approximately 60-75% over the SALE price, thinking you've got a deal, when you didn't! Tim is correct! Watch where your money is going, and stop excess spending on things you don't need...

[@lahayahkreations]

This is a message I didn't see from you and BOOM🎉🎉🎉 you always speak facts me and my family started doing this 🎉 TIM YOUR AWESOME

[@pannitalmadge7464]

Yep nailed it learning ty

[@ad03dh]

Problem is more you work, you want to spend for compensation for sitting at your desk for so long 😢

[@SimplyNaturalBlack]

OMG.....WHAT! YOU IN A CAR. I KNOW YOU TOLDL US YOU WERE HOWEVER IT GOES WE LOVE YOU WALKING OR DRIVING. PEACE & BLESSINGS

[@trxxblx-wxs-hxrx]

I mean I agree w some of the things mentioned: for example where I find the idea wrong is to invest more wisely: learn to cook or cook at home compared to eating out all the time or UberEats, get products that are relatively the same or what you’re looking I budget range (went to a pawn shop and got 3 phones; 1 iPhone 7 w 128g, and 2 droids (galaxy a5, and lg) for just hitting 600. It’s more so finding a comfort in how you spend your wealth, not so much living minimal. Also, your comic book collection could actually seen as a personal investment (I collect Arizona cans and Vans shoes)

[@ksolo6474]

Yea Tim,its about spending wisely😊

[@MarcyJ2F]

Cable’s stupid. 😂 100% agree

[@TinoVega99]

People ask me how i travel so often. I need to refer them to this video!!

[@TimothyWard]

Facts! It's not so hard to travel when you manage your money correctly.

[@prettylittlephotons]

Albeit the quality of some goods aren't created equal, essentially the more cost effective option does the same job and ultimately serves its purpose. After the glitter wears off, people don't care. Majority of time your desire to spend is all impulsive and esteem deficient anyway. Name brands are hilarious to me.

[@TimothyWard]

There are only a couple of name brands that I buy, and that is because they are very good quality. Other than that, give me Wal-mart or the dollar store lol.

[@rainydaylady6596]

Good video. Thanks, Tim!

[@blkriqan]

Truth

[@durwinsmith8911]

Man, you are so real. Thanks for the advice.

[@ChuChuAndAhBa]

Although this is a 3 yrs ago video. What you said is so true, Sir.

[@TimothyWard]

Truth is timeless. 👍🏿

[@enigmathegrayman2953]

My lease is up on my apartment at the end of January 2019......time to Jeep 🚙 camp in the middle of a Colorado winter 🥶

[@hayjay1130]

I feel it depends where u are in life and what debt you have... first manage the money that u have ... then when that is sustained ask yourself do I need to earn more? and what is it for??

[@ac_tv2050]

its ok to spend as long as you really need it, not that just want it.

[@carlosr1176]

I got a raise. I went to the mall and couldn’t find my size. I looked at the polo pants too. They were $115. I went on eBay and bought polo pants and Levi’s under $25 each. Yes they are used but I rather save the money than buy it brand new. I have more important things to spend on and big and tall clothes is more expensive than regular sized clothes.

[@cozmiqwizard4613]

You nailed it rt on the head brother. !

[@OccidentalonPurpose]

An alternative to cheap new clothes, which are poorer quality, less durable and generally worse for environment and humanity, is higher quality used clothes. You can purchase used clothes from Patagonia or REI, for example. Duluth Trading Post clothes aren't available used, I don't think, but they are extremely durable and one pair of pants will last many years while remaining in good condition compared to Walmart pants that, if worn every day, are more likely to be trash in a year or less.

[@katherynstewart6021]

Great advice Tim🙏🏽🙏🏽🙏🏽

[@steveshea6148]

Durable goods like clothes, appliances, etc are one thing... you can learn to keep using and reusing what you have, learn some basic repair skills such as hand mending small rips/holes in clothing to vastly extend their life ... The other category is recurrent expenses....food housing cellphone gas being good examples. . Those you have to find out ways to pay less for them because you will always be repeatedly buying them--daily and monthly.

[@faithrada]

Loving your attitude. Thanks for sharing your wisdom.

[@TimothyWard]

Thank you, and no problem.

[@ubaok24]

I like my Honda accord hybrid.

[@Catata123]

Love this! Thanks for the video Tim!!

[@HVIW3H3N]

Hey Tim I just found your channel. I love your message and wish you the best. Thank you. As a husband and father of two I’d like to see my family have this attitude. It seems unteachable. What’s your advise to non - single people

[@purpur7187]

Money can bring you happiness if spent properly.

[@moonmagickal3634]

I really wish we could eat out less but my husband loves to eat out. 😓 I could really care less

[@kliderskope3662]

Late to the party here but just as relevant. Very well spoken and true in my opinion.

[@Chris-ze4sq]

How true this is...

[@tayloralexandria1808]

Needed this word. Thank you

[@Moujik6540]

You are 100% right!but you don't think if you do some business you could impress your clients by expensive cars ...?

[@AmazinMusicNYC]

Me too. Eating out Was killing my budget/Paycheck

[@kemikyja4star421]

Truth! 🗣

[@roxxylala26]

If u weren't lucky enough to get help from family in regards to money, a good way to get out of debt or letting your bank account grow is living beneath your means. It sucks if your used to living a certain lifestyle but it really does work if you're dedicated to it.

[@chantlmcclary6419]

Dude I agree with pretty much everything u said but shit if u love nikes get em and If u like comics why should u stop collecting? Those things could bring u personal joy and I just don't see the need for u ta eliminate that just for the sake of being frugal. This life is short and we could be evicted off the earth at any given moment so why not have some small pleasures for yourself while ur here yk. 🙁

[@gloriatoo22]

Vital information

[@shafserious2805]

Bang on

[@hadiitiniguez2393]

Advertising controls the narrative.

[@bjhendoable]

I'm happy for you... kinda envious...lol. You prioritize what was important and happiness was priority. Thank God I can buy used but still I do think its to impress or to have what I didn't have growing up

[@hello-people-of-goodwill]

More efficient and effective spending for sure.

[@skepticalsociety]

"The person who dies with the most toys wins" love this quote. Is it a Tim original or did you take it from someone else?

[@TimothyWard]

I used to see it on bumper stickers all the time

[@FranInAVan]

Thank you ❤🇦🇺

[@daptydeduck3998]

I never understood why people are so upsessed with getting these expensive cars and shoes, like who cares, I mean I guess they cool and all, sure it's nice too have, but as long as it achieves its goal it's fine.