7 Things I Stopped Buying to Make More Money

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  • Опубликовано: 1 июн 2024
  • I’m in a financially good spot and it’s all thanks to autopilot spending habits I’ve cut out of my life. This way, the money that I save can actually work for me when I invest it in the stock market or put it back into my own business. In today's video, I go over 7 things I stopped buying to make more money.
    00:00 Intro
    00:15 #1 - New Car
    00:45 #2 - Souvenirs
    01:27 #3 - Unnecessary Luxuries
    02:04 #4 - Fast Fashion
    02:44 #5 - New Releases
    03:38 #6 - Quick Fixes
    04:39 #7 - Choose Your Vices
    05:06 My Criteria for Spending
    Disclaimer: Note this video is not financial nor accounting/tax advice and should be used for entertainment purposes only. Consult with your own financial advisor, accountant and/or tax advisor for advice related to your specific situation.
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    Gabrielle is a CPA and Tax Expert, as well as the founder of Balance + Wealth CPA, a licensed CPA firm that specializes in Tax. Prior to starting her business, Gabrielle worked as a Tax Manager at one of the Big 4 Accounting Firms for 7+ years, advising Fortune 500 companies. Gabrielle posts weekly videos on personal finance, business finance, and tax tips.
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Комментарии • 43

  • @digitraxanr
    @digitraxanr 11 месяцев назад +105

    Thank you for this informative video. Being retired from the motion picture industry, I am fortunate to have some passive income. However, Gabrielle's videos help me save money that can be used for things that are more fun. 😊

  • @chinhwankim
    @chinhwankim 11 месяцев назад +1

    Thank you~~!!

  • @musicsensei1793
    @musicsensei1793 9 месяцев назад +1

    You absolutely speak my language, Gabrielle! Glad to hear someone shares the same principles and values.

  • @hooshangmaster
    @hooshangmaster 11 месяцев назад

    just fyi you could rent almost any car on turo for a couple of days for like 3-400 bucks to satiate your curiosity. Also fast fashion exists to allow you to experiment with certain looks/styles without sinking in a ton of money. for example back in 2013 i was into rick owens but tried out cheap brands like allsaints, and random tees on urban outfitters. only wore those clothes like 10 times. I think we all go through phases and the only way to learn is to make those mistakes to help us realize what's wrong.

  • @sauravlahiry6951
    @sauravlahiry6951 11 месяцев назад

    hi sis, ur videos are so informative and enlightening.

  • @rastaman39
    @rastaman39 4 месяца назад

    thanks for sharing your advice xoxo

  • @blackgrandpa7652
    @blackgrandpa7652 11 месяцев назад +1

    Thanks Gabi for another informative video🎉

  • @kyuchangjo
    @kyuchangjo 11 месяцев назад

    Thanks for reminding about the souvenirs 😊 I will try not to buy in my July trip.

  • @remuspierre7573
    @remuspierre7573 10 месяцев назад

    Good advice

  • @kidkelson
    @kidkelson Месяц назад

    great advice thanks

  • @Heihei_In_Paris
    @Heihei_In_Paris 11 месяцев назад +2

    Great video as always, Gabrielle. Watching your videos is so much fun whilst learning the best practice of personal finance :)

  • @cerebrumexcrement
    @cerebrumexcrement 10 месяцев назад

    very informative. i think im practical in my spending habits. my vice is im a lazy cook and i always want to eat something good. i wish i lived in a more walkable city. because everything is far from me, i tend to order food delivery which can really add up. when i traveled to tokyo, i actually spent less on food even though i ate out 1-2x per day.

    • @GabrielleTalksMoney
      @GabrielleTalksMoney  10 месяцев назад

      glad you shared your vice! as long as it brings you joy and you save in other areas!

  • @yohanrinsly5694
    @yohanrinsly5694 3 месяца назад +2

    Social media is sheer marketing

  • @farzadabdolhosseini7049
    @farzadabdolhosseini7049 3 месяца назад

    I feel like this is all just common sense, but I'm always baffled by how different people usually think.
    On fast fashion though: I seriously haven't found any brand that lasts long, but maybe I haven't been looking for long and I need to learn about the materials more.

  • @van-mf6zn
    @van-mf6zn 11 месяцев назад

    good video. What if used cars cost as much as new cars?

  • @BlackHand531
    @BlackHand531 3 месяца назад

    When it comes to tech, audio equipment tend to be the ones that keep their value the most. Every other piece of tech get out dated within a year.
    That being said, always buy an old top tier model before, buying a new budget model. They're usually built better to last longer.

  • @sobeso
    @sobeso 11 месяцев назад +1

    With tech new releases it can be tricky these days, it could depend more on the person actual use case

    • @lindam.1502
      @lindam.1502 11 месяцев назад

      If it TRULY brings you joy, do it

    • @cerebrumexcrement
      @cerebrumexcrement 10 месяцев назад

      im still using my iphone x. im holding out for the iphone 15. its wasteful to buy the latest release every single year though since the changes are so incremental.

  • @underthe1104
    @underthe1104 9 месяцев назад +3

    Make your own coffee!

  • @nurseuniceRN
    @nurseuniceRN 3 месяца назад

    Omg. I also want to buy a JEEP!😂 But yeah, as cool as it looks, I don't think I'll be using it frequently *for now, but let's see.

  • @mohammedosman88
    @mohammedosman88 11 месяцев назад

    Thanks for your video. You are very smart and very pretty 🌹

  • @vinceqiu8240
    @vinceqiu8240 11 месяцев назад

    better to go with the FIRE route

  • @victormtzc
    @victormtzc 3 месяца назад

    It is fun to collect mugs!.

  • @TheExcalibur356
    @TheExcalibur356 11 месяцев назад

    God i love this woman.

  • @alleon76
    @alleon76 11 месяцев назад

    are you going to do a Q/A?

    • @GabrielleTalksMoney
      @GabrielleTalksMoney  11 месяцев назад

      what sort of questions do you have?

    • @alleon76
      @alleon76 11 месяцев назад

      @@GabrielleTalksMoney I don't have a specific question, but typically youtubers do a q&a from time to time, to answer questions the viewers may have.

  • @hwangsta
    @hwangsta 11 месяцев назад

    Golf retreats aren't worth it??? ERRONEOUS!!!

  • @mesuterturk5920
    @mesuterturk5920 10 месяцев назад +1

    i guess something wrong with me i am not doing any of this but i am still broke 🙃🙃

  • @enkadude
    @enkadude 3 месяца назад

    Buy No Name potato chips as they taste the same!

  • @brianhill2676
    @brianhill2676 11 месяцев назад +2

    good common sense tips. I fall into the category of buying new cars. I keep saying I wont; do it again but end up doing it because I like the latest gadgets on cars. I like to buy a plug in to do my part on the environment but man they are expensive. i will keep my 2017 CRV and just drive it to the ground .

    • @lindam.1502
      @lindam.1502 11 месяцев назад

      Maybe delay this strategy until you have an electric car as it costs less to run and maintain

  • @fallen0509
    @fallen0509 11 месяцев назад

    hot!

  • @hotchinahk
    @hotchinahk 11 месяцев назад

    I think we will get on well together, it is not how much money you make yearly, it is how much money you save yearly, if simple life make you happy, just be happy🙂

  • @mbank3832
    @mbank3832 10 месяцев назад

    You’re a great wife material

  • @lucristianx
    @lucristianx 11 месяцев назад +1

    I need a map because I got lost in your eyes

  • @joerecto420
    @joerecto420 11 месяцев назад

    Hi there Gabrielle, I really like your content; it's on point and very informative👏 🤍. Do you have a biz' mail and are you open for feedback? I just want to share my thoughts regarding on your videos if that's okay with you.