Shopping at home sometimes can be better. Those big box stores (you know which ones) people fill their carts till they are overflowing! I have friends in their 70's that have no business buy a big A** pie to 1. eat between the two of them or B. a large portion of it gets thrown away. I walked into one and bought ONE bottle of olive oil and I received so many comments on THATS ALL? Yup that was on my list and within my budget !
The diminishing value of the dollar. As global demand for dollars decreases -- BRICS countries are developing alternatives even if not a single currency -- the value of the dollar decreases. You can't just print money endlessly and expect it to hold its value relative to other currencies.
@@loydacoulombe1397 I agree. I myself have been guilty of doing just what you described, but no longer do I buy more than I need. BTW, I am 77 years old, widowed and live alone. How old are you? I suspect that it's not an just old fogy who commits these no-nos. I think a large portion of folks who buy more than they need is to keep from charging just a small amount. Some retailers have a minimum purchase amount if using a credit card. Use cash, buy what is on your list and stay within your budget. I bet you didn't charge that one bottle of olive oil. Diane
Austin, you say "Most people do not carry around cash, anymore." You may be correct with that assumption but I wonder...have you considered the ultimate repercussion of losing the right to use cash? The more people are led like sheep into using plastic the more government entities, banking institutions and private corporations control every aspect of our spending. If a cashless society comes to fruition then there will be no freedom of private monetary transactions. Those entities will have complete and utter say on how you spend (plastic) money, when you spend (plastic) money and if you are able to spend (plastic) money at all. Not only will we lose the freedom of private and discretionary spending we will be at the mercy of how (and if) we can purchase anything. Please! Start using cash...all of you! We are all in this together. I carry and use cash for every purchase I make unless I *have* to use a credit card for internet purchases.
@stevenliang3213 Yeah that dude above is why so many people are anxious and depressed nowadays. Coming up with all sorts of sh1t in their heads that will never happen
Cash is the best way to stay out of financial trouble. Cash doesn't bounce nor carry late fees. And when cash is gone you will learn a valuable lesson in budgeting your money.
Nice video given the ongoing global economic challenges, it's crucial for everyone to diversify their income sources, especially those not dependent on government support. Now is an ideal time to explore investments in assets like gold, silver, and digital currencies such as Bitcoin, Ethereum, and XRP. Thanks to Shea Ardolf for her outstanding proficiency and guidance in these fields.
lnvestors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.
A good investment requires experience and knowledge to carry out a successful trade. Professionally it’s recommended to trade with experienced brokers, who can help grow your profits while assisting you learn the trade .
I agree with you. Investments is the key to sustaining your financial longevity. And not just any investment but an investment with a guaranteed return.
This is why we need to keep cash going because when there's no cash the card company's can make business pay what they want for the use of the machine, there you go another tax with out us realising it!! Another brilliant vid!! 💕
..also, more awareness when actually handing over cash... which means less inclination to buy what we don't need. Much more awareness of how much we "spend"... or not.!
I live in the Midwest and I don't need a car. We have grocery delivery from a store that's about a mile and a half from me but I'm also about four blocks from two more grocery stores that are within walking distance. Every place I need to go is basically within walking distance. Our city also has public transportation which I use occasionally. Not having a car has saved me a lot of money
Having car dependency was designed by the automobile, tire and oil industries backin the 50's. Trains and trollies in Los Angeles was quite efficient but taken away by the big three laughing all the way to the bank.
As someone who has always been frugal and lived a debt-free, cash basis life, it is good to see more people like you pointing out how we have normalized so many wants that many people are unable to distinguish between wants and needs. Hopefully, more people will seriously work to distinguish between wants and needs because it's really essential for survival right now.
My foster dad was born in 1923...lived through the great depression...had 11 siblings...dirt poor, but knew the value of everything...unfortunately his biological children would roll their eyes and dismiss him as a kook, but I listened...today his way probably appears more odd but I am thankful he taught me these things, I understand true wealth.
I can’t thank you enough for your videos. I lived frugally for three years but the past 8months I’ve really been spending lots of money every single day. Constantly buying things I don’t need to instantly gratify myself. I discovered your channel a bit over a week ago and it’s really been helping me return to my old self. Your videos have helped remind myself why I should be frugal and cut out the consumer mindset. Frugality doesn’t feel good in the moment but it provides a nice cushion for our future selfs to relax on.
I'm self employed and a high earner. Regardless...my self-paid health insurance was $1100 two years ago, $1300/mo in 2023 and come 2024 I will be paying $1577 a month with a $7,050 deductible. 20% increases per year!
You are absolutely correct about online shopping. We buy so much crap we simply wouldn't if we had to go to a physical shop. You are more likely to double or triple think before you buy it and there are also social deterrents as well like, "Oh, I'll be judged if I buy this 5 lbs tub of cheese puffs." Online, though? "I'll order 10"
San Diego area has a pretty good public transit system. It isn't perfect, but if you can be flexible you can get around without a car. It also helps to live near the transit stations.
Very informative. You forgot to add sales tax to that $1,000 television plus the wall mount to hang the tv. Full size truck prices are insane now partly due to all the extra technology put into them. You cannot find a new full size truck now under $59,000. Winco doesn’t accept credit cards and they pass savings onto the customer. Thats where I shop and i have no problem paying debit or cash.
Austin, I think your videos should be required watching for high school classes. You impart so much information in a very friendly and open way. Hello from the Canadian Prairies😊
Also rising interest rates: when it costs more to borrow money, whether for a person or for a business, life becomes more expensive as the costs of paying interest are passed on to us individuals, directly or indirectly. I think rising interest rates increase our cost of living more dramatically than say, packaging costs, though those are no doubt rising as well. Very thought-provoking video as always, Austin!
Very solid video Austin. I just paid off my credit cards and I'm going to keep off of the credit cards as much as possible to see how things go with my spending.
I live in a city in the Netherlands, so no car needed. I do almost all my shopping at our local shops and pay cash and only buy what I need, but costs increase anyways. People working at those shops earn more money than they did a few years ago (only logical), the cars bringing everything to those shops need more money for their gas and also the drivers got more salary, cars that need repairs and the people repairing them got more salary etc. We all need to pay these costs so life gets more expansive anyway. The only thing we can do about it is to live more thoughtful and only buy what we really need and when we really need it.
If you own a house, get ready for increased real estate taxes. My house was just assessed at a 45% higher value. Property owners who rent will have to pass this on to the rentee. When your rent goes up significantly in 2024 or 2025, you'll know why.
You are correct about cars for transportation. I decided many years ago to buy a brand new car from a company with good reliability and take very good care of it. I paid it off early and own it. 11 years later it is still running great and plan to keep it for as long as possible, hopefully 20 more years.
Austin! Congratulations on 70K Subscribers!!! What a huge accomplishment. Your videos are offering true value, obviously. I’ve been following you since before you had even 20K Subscribers. I look forward to new insights from you every week! Thank you so much 👏💙
I like seeing that someone your age is thinking what I am thinking in my fifties. Things have dramatically changed and the cost of everything is much higher than it was even a year ago. Thank you for the thoughtful videos, El Augustin. I subscribed and will continue to watch your videos.
Re: packaging, I'm actually seeing the opposite in many cases. My store brand coffee that used to come in a tin with a measuring utensil included now comes in a cardboard package, no measuring utensil. I suppose it's being marketed as "greener" packaging, but it's also cheaper. Notice how there used to always be a tag on your clothing with info about fiber content, washing instructions, etc? Now it's just stamped on the inside, back neck area on many items.♥️🇨🇦
I used to be able to make cookies for a kid’s birthday party. now, schools in the area require that the items be store bought with a label that has ingredients “to protect” children who might have allergies. What used to cost $6 for ingredients, now costs $26 for cookies from the grocery store bakery.
@@ElAgustin I am happy that you put the travel magnets away. I agree, I thought they were very distracting and I hate clutter. (Hmm, or maybe what’s really going on here is that they made me feel jealous and insecure about my lack of worldly travels. Hmm…). 😉
not investing, you got it right there, there is also something you didn't mentioned, the govrnment printed so much money that USD has lost massive value and there is no easy way to change that
Buy Bulk Toilet Paper. Press roll FLAT.. Not "rolling " will annoy immensely 😊 #1 take 2 squares and fold into 4 STRATEGICALLY used works great! I bought 30 rolls on sale over a year ago... still have some left😊
When our kids were in school the teachers assumed we had a computer, the internet and a color printer at home. And based their assignments on that. Even overnight assignments. So even if we wanted to go to the library, their bus didn't bring them home until about four. The library closed at five. We got a computer and the internet.....
Thank you! Packaging…I dislike it. I literally have started making everything I can from scratch. If it is in a box or a bag or a can….i can probably make it myself. It is costly and wasteful.
At the very least, I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.
The best way to get ahead and build wealth is to start early, with investing as a top priority. Learning from my experience last year, I've been able to create a better life by investing early this time.
Indeed, currently I'm managing my finances wisely and being frugal. I always indulge a financial guide before investing. In the last 19 months, my investments grew by 43%, adding over $550K in profits. I used their strategies to minimize risks and maximize profits because their entire philosophy is centered around using a high-profit oriented blueprint while simultaneously going long and short, as well as reducing risk exposure as a hedge against inevitable downtrends.
I would say car expense increasing is not silent. Car insurance has gotten out of control inceasing at least 40% not to mention the 50% increase in fuel since this administation took over.
My dentist pays 5% on all payments by cards. thanks for this great vid. I shared it with all (9- I have nine friends) my friends. (you can lead the horse to water, but you can't make them youtube) Best wishes! I am happy to be 65 and able to learn from a 30 yo. My Thanks.
$10,000/year on a car? Yow. I paid $2000 for my 20 yr old car, and annual costs including maintenance, registration and insurance and fuel comes in at less than $3000 ($1200 of that is registration).
We live in the country, so unfortunately,we need a car. However, my husband and I share one car. Its inconvenient,maybe, 5 percent of the time. So we'll stick with it.
I've realized shipping is always included somehow because I spent hours and days researching one single item before I buy it and when I find the same item cheaper usually shipping is not included, if I find that same item at a higher price, shipping is included so either way we're paying for it😅
The price creep hasn't gone away, it's just slower and more stealthy now. I read that here in the UK prices are likely to increase incrementally for the next 6 months.
Austin, your point about investing in low cost funds is particularly relevant, and something that could be helpful for many people. Thanks for your most informative videos!
For being such a large country: It's a shame that public transportation is not more widespread, but practically limited to NYC and to the cities peripheral to it.
another great video! Since you brought up coffee...If you don't mind cooking your own beans and putting in a little bit of work, I order green coffee beans from "coffee bean coral". Including shipping, the cost of 3 lbs is around $33. You can order from around the world. It tastes better because after experimenting, you can roast to your own taste. I would suggest you research (RUclips) to see how to cook/roast the beans. I use my oven and have played around with temperatures and time. I have it down to where my coffee is much better than any coffee shop. I would also suggest to buy coffee that uses the natural process, but, to each his/her own.
This sounds very interesting I suffer from stomach issues snd have to order a low acid coffee which is very expensive do you think there is a way yo buy low acid beans and cook them
I actually like a slightly higher acid flavor. Having said that, the longer you cook the beans, the more alkaline, or, less acidic it becomes. It's the reason that higher acidity equates with more caffeine. So, the good news is that you can cook/roast your beans to have the low acid content that you like! I would suggest researching this...there is a lot of easy to read information about this. @@ChiFlow-pe2tw
Inflation is a lot higher than the government reports. 10% to 50% in the last year for groceries alone. Example the big WM raised the price of the little pies from 50 cents to 75 cents, then a month later "rolled back" the price to 74 cents and has been there for almost a year now. What savings huh??? :o) I don't have or need a car. I don't have debt. When I get my retirement check I draw it all out in cash. The % of my income needed to survive is lower than when I was working, mainly to getting rid of things i don't really need or want. Life is a lot less stressfull.
I agree with most of what you say if you're a middle class shopper (or above), but packaging and shipping to your doorstep are somehow much cheaper than the costs involved in buying at a brick and mortar store. Plus you get more variety. Plus they know on line shoppers can easily compare prices so they're more careful when setting prices. We get to cut on physical stores expenses, fuel to visit the stores, time spent going there and finding the items (if available, as they love to run out of good deals to bait and switch us) etc. It is great if you're busy making money. It's the only reason that justify paying a premium to save time (besides already being very wealthy). Normalized abundance comes from technology and it mostly applies to manufactured items. Housing, health care and other essentials aren't getting cheaper, sadly. Investing is tricky and you know it. Markets pay you for 2 things. Liquidity (almost worthless these days) and risk. You can't escape from this rule. I don't know why nobody talks about it. Ever.
My mortgage is gone, but the taxes keep rising. I put $150/week aside for them and the insurance. The rent goes up for that reason. I hate unboxing stuff. Amazon prime covers the books I download, movies, and shipping. It will go up. I believe I pay $15/month for it. My husband and I go to Arby's for dinner and spend about $30. We get our senior discount. It is a drop in the bucket. Please read The Creature From Jekyll Island. My husband takes the train to work. When we move to western PA shopping will be different from eastern PA. I'll be getting our milk, eggs, meat, and produce from us, not from a seller. I'll be buying everything else in bulk from Costco as I do now once a month. UPS showed up in my neighborhood when I was a kid in the 1970's.
@@ElAgustin ha ha ha!! I've learned that in 47 states it's legal for insurance companies to charge you based on your credit score. How can you get out of debt when you have to pay extra for so many things because of your score. That $$ I'm saving gives me breathing room and is enabling me to make payments on my biggest debt.
Time for "Just Stop Inflation" protests? I think you are off on the ambiance part. Food is going up regardless of the restaurant, so it is not the ambiance driving prices up. Now, at any time in our history, the more fancy the restaurant the higher the price; this is more do to classism than inflation. I don't eat out just to fill a hole, if that was the case I could just eat in a concrete block, instead I want a warm inviting place that doesn't have a 20 min time limit.
The value of the US dollar was watered down about 35 percent over the last 3 years. I guess it temporarily benefitted the lazy and broke and permanently damaged the saver.
@@RickMartinRUclips Yes, really. Economics 101. Law of Supply and Demand. The millions of illegals increase demand for goods, services, tuition, and housing.
What's something else that's silently increasing the cost of living?
Shopping at home sometimes can be better. Those big box stores (you know which ones) people fill their carts till they are overflowing! I have friends in their 70's that have no business buy a big A** pie to 1. eat between the two of them or B. a large portion of it gets thrown away. I walked into one and bought ONE bottle of olive oil and I received so many comments on THATS ALL? Yup that was on my list and within my budget !
The diminishing value of the dollar. As global demand for dollars decreases -- BRICS countries are developing alternatives even if not a single currency -- the value of the dollar decreases. You can't just print money endlessly and expect it to hold its value relative to other currencies.
The tipping screen when using a credit card. The customer is subsidizing the employee’s wage instead of it being between the manager/employee.
@Michelle_Emm You are not an economist, but you are a socialist or Marxist based on what you just stated.
@@loydacoulombe1397 I agree. I myself have been guilty of doing just what you described, but no longer do I buy more than I need. BTW, I am 77 years old, widowed and live alone. How old are you? I suspect that it's not an just old fogy who commits these no-nos. I think a large portion of folks who buy more than they need is to keep from charging just a small amount. Some retailers have a minimum purchase amount if using a credit card. Use cash, buy what is on your list and stay within your budget. I bet you didn't charge that one bottle of olive oil. Diane
Austin, you say "Most people do not carry around cash, anymore." You may be correct with that assumption but I wonder...have you considered the ultimate repercussion of losing the right to use cash? The more people are led like sheep into using plastic the more government entities, banking institutions and private corporations control every aspect of our spending. If a cashless society comes to fruition then there will be no freedom of private monetary transactions. Those entities will have complete and utter say on how you spend (plastic) money, when you spend (plastic) money and if you are able to spend (plastic) money at all. Not only will we lose the freedom of private and discretionary spending we will be at the mercy of how (and if) we can purchase anything. Please! Start using cash...all of you! We are all in this together. I carry and use cash for every purchase I make unless I *have* to use a credit card for internet purchases.
Very smart 👌
While you have some good points, cash will never disappear.
We will never become a cashless society. You can stop the doomsday tidbit.
@stevenliang3213 Yeah that dude above is why so many people are anxious and depressed nowadays. Coming up with all sorts of sh1t in their heads that will never happen
Here in the UK the use of cash has gone up as people are trying to control their budget better.
Limiting people’s spending doesn’t sound profitable
Cash is the best way to stay out of financial trouble. Cash doesn't bounce nor carry late fees. And when cash is gone you will learn a valuable lesson in budgeting your money.
Nice video given the ongoing global economic challenges, it's crucial for everyone to diversify their income sources, especially those not dependent on government support. Now is an ideal time to explore investments in assets like gold, silver, and digital currencies such as Bitcoin, Ethereum, and XRP. Thanks to Shea Ardolf for her outstanding proficiency and guidance in these fields.
Shea Ardolf program is widely available online..
lnvestors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession is only possible under the supervision of a professional or trusted advisor.
Trading with an expert is the best strategy for newbies and busy investor who has little or no time to monitor trade.
A good investment requires experience and knowledge to carry out a successful trade. Professionally it’s recommended to trade with experienced brokers, who can help grow your profits while assisting you learn the trade .
I agree with you. Investments is the key to sustaining your financial longevity. And not just any investment but an investment with a guaranteed return.
Great video. I am starting to carry cash to help me avoid the tipping screen.
Be strong! Be confident! Hit the “No Tip” button, and swing the iPad back around to the clerk. Just say no.
I still enjoy the in-store experience of shopping.
You can see the product before buying it!
This is why we need to keep cash going because when there's no cash the card company's can make business pay what they want for the use of the machine, there you go another tax with out us realising it!!
Another brilliant vid!! 💕
..also, more awareness when actually handing over cash... which means less inclination to buy what we don't need. Much more awareness of how much we "spend"... or not.!
.....and they do not know what we are buying. That is the other thing THEY keeping track of our spending.
Also other "hidden fees" like service charge / transaction fees . I just bought concert tickets. And on top of the ticket price it's an extra 25% .
I live in the Midwest and I don't need a car. We have grocery delivery from a store that's about a mile and a half from me but I'm also about four blocks from two more grocery stores that are within walking distance. Every place I need to go is basically within walking distance. Our city also has public transportation which I use occasionally. Not having a car has saved me a lot of money
I’m doing a “no buy year”… been preparing for the last month. Saving for a holiday on a beautiful island…🏝
Having car dependency was designed by the automobile, tire and oil industries backin the 50's. Trains and trollies in Los Angeles was quite efficient but taken away by the big three laughing all the way to the bank.
As someone who has always been frugal and lived a debt-free, cash basis life, it is good to see more people like you pointing out how we have normalized so many wants that many people are unable to distinguish between wants and needs. Hopefully, more people will seriously work to distinguish between wants and needs because it's really essential for survival right now.
My foster dad was born in 1923...lived through the great depression...had 11 siblings...dirt poor, but knew the value of everything...unfortunately his biological children would roll their eyes and dismiss him as a kook, but I listened...today his way probably appears more odd but I am thankful he taught me these things, I understand true wealth.
I can’t thank you enough for your videos. I lived frugally for three years but the past 8months I’ve really been spending lots of money every single day. Constantly buying things I don’t need to instantly gratify myself. I discovered your channel a bit over a week ago and it’s really been helping me return to my old self. Your videos have helped remind myself why I should be frugal and cut out the consumer mindset. Frugality doesn’t feel good in the moment but it provides a nice cushion for our future selfs to relax on.
I'm self employed and a high earner. Regardless...my self-paid health insurance was $1100 two years ago, $1300/mo in 2023 and come 2024 I will be paying $1577 a month with a $7,050 deductible. 20% increases per year!
Other stealth costs you didn’t mention are the increased cost of insurance and interest on the public debt.
I ALWAYS COMMUTE EVERYDAY GOING TO WORK. FROM MANILA, PHILIPPINES
You are absolutely correct about online shopping. We buy so much crap we simply wouldn't if we had to go to a physical shop. You are more likely to double or triple think before you buy it and there are also social deterrents as well like, "Oh, I'll be judged if I buy this 5 lbs tub of cheese puffs." Online, though? "I'll order 10"
San Diego area has a pretty good public transit system. It isn't perfect, but if you can be flexible you can get around without a car. It also helps to live near the transit stations.
Very informative. You forgot to add sales tax to that $1,000 television plus the wall mount to hang the tv. Full size truck prices are insane now partly due to all the extra technology put into them. You cannot find a new full size truck now under $59,000. Winco doesn’t accept credit cards and they pass savings onto the customer. Thats where I shop and i have no problem paying debit or cash.
Austin, I think your videos should be required watching for high school classes. You impart so much information in a very friendly and open way. Hello from the Canadian Prairies😊
Thanks!!!! I appreciate your kind words!
Also rising interest rates: when it costs more to borrow money, whether for a person or for a business, life becomes more expensive as the costs of paying interest are passed on to us individuals, directly or indirectly. I think rising interest rates increase our cost of living more dramatically than say, packaging costs, though those are no doubt rising as well. Very thought-provoking video as always, Austin!
Man, none of these things apply to me. I don't think I could get cheaper.
Yea hahaha😊
😂😂😂
@Michelle_Emm I try! It is VERY hard sometimes. People don't like really, truly frugal people!
I really, really like this video: good ideas, hard work, great presentation.
I appreciate it! It's a lot of work!!!
Very solid video Austin. I just paid off my credit cards and I'm going to keep off of the credit cards as much as possible to see how things go with my spending.
Been car free in Denver for 4 years now and I haven't looked back. My finances gave thanked me as well.
I live in a city in the Netherlands, so no car needed. I do almost all my shopping at our local shops and pay cash and only buy what I need, but costs increase anyways. People working at those shops earn more money than they did a few years ago (only logical), the cars bringing everything to those shops need more money for their gas and also the drivers got more salary, cars that need repairs and the people repairing them got more salary etc. We all need to pay these costs so life gets more expansive anyway. The only thing we can do about it is to live more thoughtful and only buy what we really need and when we really need it.
Thank you for this video! Great point that abundance has been normalized to where we think we NEED extra things.
Starting my days with Austin's advices is amazing
You're too kind!!
If you own a house, get ready for increased real estate taxes. My house was just assessed at a 45% higher value. Property owners who rent will have to pass this on to the rentee. When your rent goes up significantly in 2024 or 2025, you'll know why.
My annual property taxes went from 6k to 9k , we are sick over it
@@Sobermama927 Mine too! Just sucks.
You are correct about cars for transportation. I decided many years ago to buy a brand new car from a company with good reliability and take very good care of it. I paid it off early and own it. 11 years later it is still running great and plan to keep it for as long as possible, hopefully 20 more years.
Austin! Congratulations on 70K Subscribers!!! What a huge accomplishment. Your videos are offering true value, obviously. I’ve been following you since before you had even 20K Subscribers. I look forward to new insights from you every week! Thank you so much 👏💙
Good morning Austin! Thanks for your new video and I’m gonna listen to it right now. Hot off the press!
Good morning!!
I’ve watched this video twice Austin. It’s brilliant.
I like seeing that someone your age is thinking what I am thinking in my fifties. Things have dramatically changed and the cost of everything is much higher than it was even a year ago. Thank you for the thoughtful videos, El Augustin. I subscribed and will continue to watch your videos.
Pretty packaging in a nice fancy fitting box - and that goes straight into the recycling bin (that, funny enough, doesn't deflate the price tag). 🤔
And then it goes into the ocean!!
ha@@ElAgustin
@@ElAgustinright! they cant recycle boxes or paper with all the gloss on them.
Re: packaging, I'm actually seeing the opposite in many cases. My store brand coffee that used to come in a tin with a measuring utensil included now comes in a cardboard package, no measuring utensil. I suppose it's being marketed as "greener" packaging, but it's also cheaper. Notice how there used to always be a tag on your clothing with info about fiber content, washing instructions, etc? Now it's just stamped on the inside, back neck area on many items.♥️🇨🇦
They say soon we will have to pay for the *air* we breathe…. This is insane
Just like The Lorax😂
It's an opportunity. Let's make it happen. We should create a CORPORATION out of this idea before someone else does. Lol 😅
@@rencechannel2240 😂
@@rencechannel2240 then we might be *NO BETTER* I want to get *rich* but not at the risk of being hated 😔
In Colorado they sell air cans for the altitude, haha!
Support businesses that support you.
I used to be able to make cookies for a kid’s birthday party. now, schools in the area require that the items be store bought with a label that has ingredients “to protect” children who might have allergies. What used to cost $6 for ingredients, now costs $26 for cookies from the grocery store bakery.
😳🙄
Yeah I noticed almost all cafes now are hipster styled.
Your videos are the best. Thanks for your great work.
I appreciate it!
I love your videos. I’ve been listening to you for I think a month now.
Thanks for watching!
I'm grateful I was born in the early 1960s. Way more freedom in the past than what we have today !
Technology has made everything complex!
Where did all your amazing travel magnets go?!!😮❤
Thanks for another great video. We need to be intentional consumers
I put them up. Trying to minimize distractions. Plus I'm moving soon!!!! Get ready for a new background!
@@ElAgustin so exciting! Congrats and hooray my friend
@@ElAgustin I am happy that you put the travel magnets away. I agree, I thought they were very distracting and I hate clutter. (Hmm, or maybe what’s really going on here is that they made me feel jealous and insecure about my lack of worldly travels. Hmm…). 😉
not investing, you got it right there, there is also something you didn't mentioned, the govrnment printed so much money that USD has lost massive value and there is no easy way to change that
Excellent! Thank you Austin.
Bulk 50 lb. Brown Rice...bulk 50 lb. Rolled oats....Easier to save a dollar than make one.
@Michelle_Emm when you buy in bulk you save both on the cost of the product and by not having to burn fuel running to the market.
Buy Bulk Toilet Paper.
Press roll FLAT..
Not "rolling " will annoy immensely 😊
#1 take 2 squares and fold into 4
STRATEGICALLY used works great!
I bought 30 rolls on sale over a year ago... still have some left😊
When our kids were in school the teachers assumed we had a computer, the internet and a color printer at home. And based their assignments on that. Even overnight assignments. So even if we wanted to go to the library, their bus didn't bring them home until about four. The library closed at five. We got a computer and the internet.....
Thank you! Packaging…I dislike it. I literally have started making everything I can from scratch. If it is in a box or a bag or a can….i can probably make it myself. It is costly and wasteful.
I live in Seattle and I haven’t had a car in two years!
Excellent video. Important information. Thank you
At the very least, I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.
The best way to get ahead and build wealth is to start early, with investing as a top priority. Learning from my experience last year, I've been able to create a better life by investing early this time.
Indeed, currently I'm managing my finances wisely and being frugal. I always indulge a financial guide before investing. In the last 19 months, my investments grew by 43%, adding over $550K in profits. I used their strategies to minimize risks and maximize profits because their entire philosophy is centered around using a high-profit oriented blueprint while simultaneously going long and short, as well as reducing risk exposure as a hedge against inevitable downtrends.
@@mikegarvey17Please who’s this Financial coach that guides you?
"Camille Alicia Garcia" maintains an online presence. Just make a simple search for her name online.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Greetings from Europe. I only use car when I visit my family in the other town.
Perfectly said 👌💯
I would say car expense increasing is not silent. Car insurance has gotten out of control inceasing at least 40% not to mention the 50% increase in fuel since this administation took over.
I moved to Mexico in 2021 at 79.
My dentist pays 5% on all payments by cards. thanks for this great vid. I shared it with all (9- I have nine friends) my friends. (you can lead the horse to water, but you can't make them youtube) Best wishes! I am happy to be 65 and able to learn from a 30 yo. My Thanks.
$10,000/year on a car? Yow. I paid $2000 for my 20 yr old car, and annual costs including maintenance, registration and insurance and fuel comes in at less than $3000 ($1200 of that is registration).
It's for a new car so counting a payment and stuff.
We live in the country, so unfortunately,we need a car. However, my husband and I share one car. Its inconvenient,maybe, 5 percent of the time. So we'll stick with it.
Great video 🙌🏻 so many good point 👏🏻 🏴
I've realized shipping is always included somehow because I spent hours and days researching one single item before I buy it and when I find the same item cheaper usually shipping is not included, if I find that same item at a higher price, shipping is included so either way we're paying for it😅
I've been investing for about 10 years now I'm glad I did it
The price creep hasn't gone away, it's just slower and more stealthy now. I read that here in the UK prices are likely to increase incrementally for the next 6 months.
The old motel I used to work at the owners didn't accept Amex because they took 5% of transaction fees.
Yeah, I think they're the worst.
@@ElAgustinYou ever heard of Suelo, the man who quit money?
I miss the simple good ol days. I grew up in the 80's 😊
Muy cierto Augustin!
Muchas gracias, chico :)
Interesting points made. Thanks!
well done. Again. 😊
I'm not really certain interchange fees increase prices since cash is so often stolen by employees. It might pretty much even out.
Austin, your point about investing in low cost funds is particularly relevant, and something that could be helpful for many people. Thanks for your most informative videos!
Thanks!
que tengan un buen dia. You said que tengo…😜😂😂😂😂 Besitossss guapeton😘
Very informative video. Thank you!
For being such a large country: It's a shame that public transportation is not more widespread, but practically limited to NYC and to the cities peripheral to it.
Yeah, unfortunately we didn't get centuries of development before cars were invented, haha.
another great video! Since you brought up coffee...If you don't mind cooking your own beans and putting in a little bit of work, I order green coffee beans from "coffee bean coral". Including shipping, the cost of 3 lbs is around $33. You can order from around the world. It tastes better because after experimenting, you can roast to your own taste. I would suggest you research (RUclips) to see how to cook/roast the beans. I use my oven and have played around with temperatures and time. I have it down to where my coffee is much better than any coffee shop. I would also suggest to buy coffee that uses the natural process, but, to each his/her own.
This sounds very interesting I suffer from stomach issues snd have to order a low acid coffee which is very expensive do you think there is a way yo buy low acid beans and cook them
I actually like a slightly higher acid flavor. Having said that, the longer you cook the beans, the more alkaline, or, less acidic it becomes. It's the reason that higher acidity equates with more caffeine. So, the good news is that you can cook/roast your beans to have the low acid content that you like! I would suggest researching this...there is a lot of easy to read information about this. @@ChiFlow-pe2tw
1990s was the last great decade. Things have gone down hill ever since
Much of the world is doing better though.
There were UPS trucks 15 years ago. lol
Excellent
Inflation is a lot higher than the government reports. 10% to 50% in the last year for groceries alone. Example the big WM raised the price of the little pies from 50 cents to 75 cents, then a month later "rolled back" the price to 74 cents and has been there for almost a year now. What savings huh??? :o)
I don't have or need a car. I don't have debt. When I get my retirement check I draw it all out in cash. The % of my income needed to survive is lower than when I was working, mainly to getting rid of things i don't really need or want. Life is a lot less stressfull.
I agree with most of what you say if you're a middle class shopper (or above), but packaging and shipping to your doorstep are somehow much cheaper than the costs involved in buying at a brick and mortar store. Plus you get more variety. Plus they know on line shoppers can easily compare prices so they're more careful when setting prices. We get to cut on physical stores expenses, fuel to visit the stores, time spent going there and finding the items (if available, as they love to run out of good deals to bait and switch us) etc.
It is great if you're busy making money. It's the only reason that justify paying a premium to save time (besides already being very wealthy). Normalized abundance comes from technology and it mostly applies to manufactured items. Housing, health care and other essentials aren't getting cheaper, sadly. Investing is tricky and you know it. Markets pay you for 2 things. Liquidity (almost worthless these days) and risk. You can't escape from this rule. I don't know why nobody talks about it. Ever.
I’ve never paid interest on a credit card.
Disagree heavily with you saying that NYC is the only place to live car free.
Packning snd PR and inluencer a consoomer nigjtmare for sure. Damn rigjt agustin.
My mortgage is gone, but the taxes keep rising. I put $150/week aside for them and the insurance. The rent goes up for that reason. I hate unboxing stuff. Amazon prime covers the books I download, movies, and shipping. It will go up. I believe I pay $15/month for it. My husband and I go to Arby's for dinner and spend about $30. We get our senior discount. It is a drop in the bucket. Please read The Creature From Jekyll Island. My husband takes the train to work. When we move to western PA shopping will be different from eastern PA. I'll be getting our milk, eggs, meat, and produce from us, not from a seller. I'll be buying everything else in bulk from Costco as I do now once a month. UPS showed up in my neighborhood when I was a kid in the 1970's.
I. WILL. NOT. BUY. ONLINE!
Live in New Zealand 🇳🇿 one of the most expensive over valued places to be...
I saved 55% on my car insurance by going through a broker and got better coverage.
I saved 15% by leaving Geico!
@@ElAgustin ha ha ha!! I've learned that in 47 states it's legal for insurance companies to charge you based on your credit score. How can you get out of debt when you have to pay extra for so many things because of your score. That $$ I'm saving gives me breathing room and is enabling me to make payments on my biggest debt.
Yeh😊😊
So many ways they take our money 😂
There was no FedEx or UPS when you were a kid?
Not like it is today!
@@ElAgustin Fair play. Love your vids, btw. Hello from South Korea!
Time for "Just Stop Inflation" protests? I think you are off on the ambiance part. Food is going up regardless of the restaurant, so it is not the ambiance driving prices up. Now, at any time in our history, the more fancy the restaurant the higher the price; this is more do to classism than inflation. I don't eat out just to fill a hole, if that was the case I could just eat in a concrete block, instead I want a warm inviting place that doesn't have a 20 min time limit.
The value of the US dollar was watered down about 35 percent over the last 3 years. I guess it temporarily benefitted the lazy and broke and permanently damaged the saver.
❤❤❤❤❤
Illegal immigration drives up cost of products, services, tuition and housing.
@@RickMartinRUclips Yes, really. Economics 101. Law of Supply and Demand. The millions of illegals increase demand for goods, services, tuition, and housing.
Trump 2024!!!!!!!!!!! We didn’t have inflation under Trump!!!!!!!!!!