Frugal Living Is The Only Way To SURVIVE The Future
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- Опубликовано: 5 сен 2024
- All aboard to dystopia!
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I believe that the future is going to be a much more extreme version of today's world. Things will become more and more complex, and now it is important to decide what kind of future you want to life in. And in my opinion, I think that there will only be two paths to choose from: an unintentional path or an intentional path.
In this video, I talk about the importance of embracing a frugal, simple life and deny a lot of this complexity that the future will bring. I give five different prophecies I have regarding our future.
1. All Products Will Become Services
I do not believe that people will own things in the future, but I think that we will pay a monthly subscription fee for everything we use, and you can already see this with services like Netflix, Tesla, and Kindle. And although these services will come with an abundance of options and allow people to pay small monthly fees, there will be many cons to not owning things like never ending payments, fees will add up, and you will become accustomed to abundance. In the future, you will have to decide what is important to you: subscriptions and abundance or ownership and less
2. People Will Become Extremely Dependent On Convenience
Since Amazon released two day shipping, there has been this standard where businesses need to make everything easy and convenient for the customer. We see services like UberEats, grocery delivery, and various apps, and although there are many benefits of these services, we could eventually become dependent on these services in the future. And this dependency can take away from having self-sufficiency in life causing you to spend more money and become dependent on simple things. In the future, you will have to decide what is important to you: convenience and dependency or responsibility and autonomy.
3. People Will Forget They Can Live Without Extras
As the world becomes more and more advanced, we have many "extra" things that make our lives easier and more luxurious. And as we add these things into our lives, we quickly forget that we cannot live without them. And this dependency on extra things can create higher normal budgets, distort your view of wants and needs, and makes you dependent on them. In the future, you will have to decide what is important to you: extras and reliance or basics and independence.
4. People Will Lack Basic Life Skills
I think if we do not choose to live intentional lives, we will be living in a very dystopian world where people do not know how to do basic life skills like write, think, or cook. We have embraced so much complexity that we are seeing this play out in the real world as AI becomes more advanced and services replace our daily tasks. And when you try to make everything in your life easy and convenient, what is the point of living? When you are dependent on corporations for everything, what kind of life is that? In the future, you will have to decide what is important for you: outsourcing and dystopia or self-sufficiency and satisfaction.
5. Nobody Is Coming To Save Us From Ourselves
As optimistic as I am, wanting to believe that we will all come to our senses and choose to live a more simple, frugal life, I do not believe that is going to happen. I think in the future there will be two types of people. The first, and more common, will be unintentional people who highly depend on corporations, become soft from luxury, and constantly be struggling financially due to the distortion of wants and needs. The second, and less common, will be intentional people who will have less, be more autonomous, and be more free to live their lives.
As we approach the future, it is important to decide what path you will go on because 10-15 years from now we will not be able to see the absurdity of these changes. I believe in following the more intentional path and making decisions to live a more intentional, frugal life because I do not think that anyone is coming to save us from ourselves.
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What steps will you take as we head into the future?
I've been living frugally my whole life. I'm doing a training program that is going to offer me a reasonably higher paying job in the medical field...not a doctor, a billing specialist. My husband will retire shortly thereafter and run his own business, and my check will cover our medical care. I spend $14.99 on my Amazon subscription. I really don't buy much from Amazon. I pay $55 for my BJ's membership which saves me so much more than than the membership. I continue to reduce clutter in my home. I have a peephole in my front door and a muscle bound dog to protect myself. My goal is to be debt free, and we are doing very well with that. People already pack basic life skills. I'm doing my own taxes. I made our peanut butter eggs as well as our dinner. We rarely go out to eat. I like to save myself. I'm done.
03APR2023 "Charles Schwab loses $47 Billion in Market Value in one month."
Buy Au & Ag !!! Store your Wealth for the "Future"! ⚜Cajun⚜
@@danicegewiss862 I just removed my bank card from amazon and I don’t subscribe with anything that has me paying monthly I cancelled all of that.
Good food, fresh water, a beautiful shelter and plenty of exercise!
Going back to basics. We do family game nights with actual board games and cards. More family time and it’s really affordable
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.
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.
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?
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.
@@mikegarvey17Could you possibly recommend a CFA you've consulted with?
My CFA ’Gertrude Margaret Quinto’ , 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.
There is a limit to this. You have to decide whether being cheap to yourself is worth the quality of life it yields. I had an aunt who had money but lived the ‘frugal’ life. She was ridiculously cheap and lived in a tiny apartment in a New York ghetto. That apartment was robbed so many times, but she refused to move because the rent was low. Her cheapness ruined her marriage and alienated her kids, and even when she got older and had to retire she became chronically I’ll, but she refused to spend money even on maintaining her own health. being ‘basic’ and depriving oneself of things that one needs won’t automatically create happiness.
This reminds me of the saying you will own nothing and you will be happy 👌🏽
Yesss! Scary.
It's the whole movement, downsizing, decluttering, minimalising, tiny homes, vanlife,... They're getting us used to our money not going as far as it used to.
@@theurbanthirdhomestead people have been living frugally and minimally by choice for hundreds, probably thousands of years. This is not new it's just that with the advent of social media people have become aware of it. My parents are 87 & 89, they've been frugal minimalists their whole lives and it's not because they have to, they are multi-millionaires, it's because they see no point in wasting money to buy things they don't need.
@@Michelle_Emm I was thinking the same thing, people who were alive during manifest destiny couldn’t have owned much. They were focused on living, I’m sure they had small cabin homes just as there were mansions.
@@Michelle_Emm The kind of frugality your parents enjoyed is way different then "frugality" our generation will have to go through. They certainly had confort and good quality basic stuff while we are going to face precarity.
“Nobody is coming to save us from ourselves” that is the truth.
Joe Biden will safe us
💯
I choose to be free, autonomous and be disconnected from all these so called convenience services. Don’t let big corporations own you.
Re: ownership, I view maintenance as a pro, not a con. It teaches us how our things work, their true value and an appreciation for their source, and how to fix and treasure things despite their being old and worn.
100%
Or maybe precisely because they are old and worn and yet still carry on and provide for us.
The simple truth is this. The key to financial emancipation isn't about what you have, it is about what you can live without.
It is the Elimination, the first step in the book The Four hour work week by Timothy Ferris. ☺️
My wife and I have been frugal for years never buying much, keeping our bills down as low as possible. Due to illness she was not working but we just about got by on my wages.
6 months ago she started working again and we have a whole wage spare, we feel rich but we can't bring ourselves to just spend. We initially bought stuff we were desperately in need of but we got bargains. We shop for clothes on vinted and charity shops. I find there really isn't much I need and I'm greatful for what I have.
This was a really insightful video. Another thing that greatly concerns me is all the affordable housing slowly being bought up by corporations to rent back to people at extortionist-level rents. Young people starting out will no longer be able to purchase a starter home, nor will they be able to rent a decent apartment at a reasonable rate that lets them save money to purchase property in the future. All housing will become subscription based.
This is already happening in the UK
Your concerns are spot on! This is the real monster in the room. There are more people in our cities than there are beds. Property ownership has gone from being something even the poor could take for granted, to being something the middle class dream of.
What is more concerning is Section 8. Most people have no clue about this, or how big it is. I am a landlord, I know. The government harasses me mercilessly about signing up for it since I am the only one in my county who won't sign up.
This is happening in Ireland too.
That’s already happening right now
Sometimes I think I am the only person happy without a car, a house, a dishwasher, a lot of whatever. So watching your videos make me feel „normal“ again 😊
Hey
Your comment made me pause and reflect. Stay the same, stay happy and at peace
Me to, Retired and yes We do own a home and car but beyond that pretty minimal with are stuff..no dishwasher, no TV cable, no netflix subscript or any other subscripts
of any kind the list goes on. Our acquaintances /family/friends think of us as odd or poor..but hey we don't care plus were loaded😊 Thanks for sharing ...we feel " normal" now👍
I love washing dishes by hand. It's like a therapy!
This is something I’ve seen coming for a while.
My goal is to simplify and not rely on all the conveniences. Mostly because I’m want to know exactly what I’m doing and putting forth.
I cook my own food (including lunches for work). I know exactly what I am eating AND saving money.
I love learning new skills… for the shear joy of being able to do it myself.
Yes, we embrace paying for convenience but I actually enjoy doing things for myself.
Cooking is fun and creative! Also takes your mine off of worries, better to cook than to scroll. Funny how there are several hours to waste on phones, but no time to cook 🤣
If you choose the intentional path the 95% of other people who choose the unintentional path will hate you and try to destroy you because you make them “feel” bad.
I could see this happening years ago when cars started to be built that made it difficult to be able to see around the car without the onboard cameras. The "blind spot" got way bigger and made it necessary to rely on proximity sensors to not run into anything. Self reliance - get an old car or motorcycle and learn everything about keeping it going.
Or bicycle
I've never had a car with a back up camera, or even bluetooth for that matter. I've never loaded music onto my phone? I line dry my clothes. I don't use A/C or any other cooling in the summer months. The more you rely on things to make your life easier, the more you whine when you don't have it.
Yes, and the way they keep making the engines more and more complex so that people are unable to fix their own cars, which just a couple of decades ago was a huge hobby for millions of young guys and a source of companionship.
Yep. I drive 20 year old cars for this very reason + I do all the main upkeep and no car payment plus pay less insurance.
Or have modern crash safety standards led to longer and wider cars with thicker pillars, bigger bumpers, smaller mirrors, etc, which necessitated the sensors and cameras? I think that is more likely.
My husband and I retired in our early 50's. Our youngest child had graduated college. We live in a small condo.We own 1 small car. Many people we know bought
the biggest home they could afford some years ago. They also have 2 big cars. We even know people who converted bedrooms into walk in clothes closets.
There are always choices.. Tina, Al's wife
I love your choices, wish I would be retired by 50. I am 35 now and just woke up that I dont need stuff and that it doesnt make me happy. I want to live with intention.
I am in my 60's and you are spot on. My parents generation grew their own food, built their own homes and never had a mortgage. Now everyone is dependent on credit.
Luckily, I started doing this intentional approach to daily decisions, frugality and simplicity 20 years ago, which has resulted in my financial ability to retire soon. I live in a condo in a tech heavy large city. Younger neighbors stare and smile when they see me lugging in large grocery bags from the store on my own. I smile back and know I'm remaining as self-sufficient as possible and getting exercise at the same time while they eat out or order from Uber Eats for each meal. However, real self-sufficiency would be living like my grandparents did, on a farm, raising the food myself. If they were still alive, they could teach me a great deal about self-sufficiency.
it's amazing that carrying groceries and going out to eat are considered hard work or something backward or clumsy people do.
I love that! Nobody is coming to save us from ourselves. Not god or some knight in shining armor. We are here to find great purpose in living intentionally and by being of service to the greater good of all living beings.
Keep on reading paper back books! Nothing quite like it, the old school way!
It takes you away and no distractions!
I have collected over 300 books and am building a DVD library as well.
I'll never read online.
@@ElAgustin Hi Austin, definitely agree! I am looking forward to returning to work this summer when my maternity leave finishes. Just to sit on a train to work for 30minutes and read in peace and quiet is exciting already. I have a 4 year old and a 9month old baby so I am constantly on the go and exhausted. Thank goodness for books!
The first thing you can do to save thousands a year is to make your lunch to take to work instead of buying it. This is probably the biggest low hanging fruit to saving $$$
Very good video. One very convenient thing that I use is a digital library card. If someone has a internet connection and a local library it is free. I have access to hundreds of books and magazines online for free. I read everything from home on my tablet. There are music and movies also. I used to go to the library in person. Don’t have to anymore. Saves gas.
What an awesome saving hack. I will look into this, thanks.
No matter how hard you try to survive the future, the inevitable will occur. Stop living in fear of "what ifs" and live in love and abundance.
People alway say that live in love and not fear but yet they still live in fear. Life is uncertain there are no certainties. Just be wise
Though everyone loves the luxury lifestyle but many don't want to take the risk to invest or work for it.. Now's the best time to buy the dip and it's an opportunity that will grant you all the luxury you crave for. Very interesting content, i would also be glad if anyone here can explain a few things for me, this is 2023 and I believe it's my time to invest and shine for a better future.
I think the one thing most investors miss when calculating intrinsic value, is that they look solely at the history to estimate growth in the future. The growth rate is very important, it arguably should take the most time in valuation. The past 10 years could be unusually good/bad due to acquisitions/dispositions affecting financials. Look to the future and make your best judgements.
There is one thing I have learned in recent months it is to remain calm, especially when it comes to investment in Stock. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.
You are right but the market is profitable if you are using a really good broker or account manager to help out with trades or provide signals. Having monitored my portfolio performance which has made a jaw dropping $870k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market.
This is huge Josh! Think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.
I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with "Colleen Janie Towe" for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her. Most likely, her deets can be found on the net, so you can confirm yourself.
I'm a "Boomer" who has lived on lower wages, most of my life, I've only had a dozen years where I made a livable wage. I have had to manage doing things for myself and family out of necessity. I see a lot of the things that you described are already happening.
You beat me to it. Well said!
"We need to stop acting like little b*tches." The prophet Agustin has spoken, and you better believe it!!
This is very insightful. I haven't been able to put it into words. I see people 20 years younger than me or more seem to be different now. It's scary. I'm scared for them and their choices don't make sense to me as a frugal person.
Great video! I agree with all of your points. I would like to see you do a video on social media and it’s affects on kids. Kids aren’t going outside anymore, or learning life skills, or learning how to be respectful. Instead they’re watching unlimited content on platforms like tiktok which kids are not mentally prepared for. Imo, all it does it mess with their cognitive ability and promotes disrespect. We are slowly killing ourselves.
This is exactly why CEO, creators of said platforms or social media apps don't let their own kids use said things. Years ago one of the Ipad people said they don't let their kids use one.
I couldn't agree more that frugal living is the way to go. It's all about being intentional with your spending and making choices that align with your values and goals. Plus, it's better for the environment too. Keep up the great content!
Thanks! Exactly, lowering consumption is one of the best things a person can do for the environment!
My ideal lifestyle is living in the same house for the rest of my life, owning the same electric vehicle for 20 years or more, owning high-quality furniture, and helping individuals and small businesses in need.
Mine is like that too. Unfortunately they are making this harder and harder by selling worse stuff in increasing prices
can you share your e mail
Namaste from India
Dream on
Only subscriptions I pay for is my rent, phone, and car insurance.
Been fixing all my equipment myself for years and just found out most of my family were electricians.
I used hello fresh and it got me into going to the local farmers markets and it perfected my haggling skills.
Very good video and I completely agree. The first time I noticed this was about 5 years ago when I couldn’t just buy some software for my computer. It’s a subscription now. I can have it but I don’t own it. I have to pay yearly from the windows store. I was mad and I hate it.
I use open office now instead of Microsoft because of that. Ticked me off. Especially since if you pay the subscription it saves things to their cloud if I’m not careful instead of to my computer.
I hate this too. And every app is a subscription!
That's why I'm going to switching to Linux soon.
@@hodgepodgetheexperimental6137 good luck. If you know your way about computing , you’ll be fine. For the layman it can be a pita.
@@David-cm4ok well, I'm gonna have to learn Linux and improve my basic computering skills first, but luckily I know a bunch of Linux users and programmers who can help me make the switch.
I'm definitely a minimalist, own my own house, and grow my own food (but in the suburbs, not middle of nowhere). However, I do enjoy technology and I'm definitely intentionally embracing that. Personally, I don't want to own all the movies or video games I play. I buy only the ones I will replay/re-watch/re-read.
Convenience may sound bad on a mass scale, but it has allowed the elderly and disabled to live a more independent life. When I'm old or disabled, I'd prefer to be able to get deliveries instead of being dependent on volunteers or the good (but fickle) nature of others.
It's not all bad, black and white. You don't have to go from one extreme to the next. You can live intentionally, learn skills of independence, etc., without cutting yourself from all convenience and technology. I can grow my own food, but I still enjoy a pizza delivery now and then.
Very well said : )
imagine if your suburbs had nearby stores to walk to on the corner, you could easily do shopping then.
@@veziculorile I think that's great for normal climates. I live in the depth of hell in the summer (which also lasts like 5 months). The upside is a good growing season. The downside is I don't want to walk to my mailbox, let alone a store around the corner.
@@KC-ku9dq you'll get used to it if you try. Japan and Korea are very humid in the sunmer and they walk all over the place. You are just bringing excuses like an American will do these days to justify the old and unsustainable ways.
@@veziculorile I'm not American. I don't live in the kind of suburbs with no stores. My main point was that convenience has made it so that the handicapped and the elderly can be independent. It's hard for elderly and handicapped to walk even half a mile in high heat. Also, try not to assume that everyone who writes in English is American.
I couldn't agree more. I was upset with online banking and self-check out cashiers.
Wall E is here. A friend chaperoned a school trip to Disney world. She told me that after the first day of walking all day, three of the chaperones literally couldn't walk. They rented scooters for the rest of the trip. These people were in their 40's!
I’m definitely path 2. Always have been. I hate this fast paced world with all the noise pollution.
This is a great video because being forewarned is being forearmed. This is the kind of video that should be saved and watched periodically. If only to keep us from falling into the rabbit hole abyss.
I recently cancelled Amazon Prime, as I knew I would not be using it regularly in the near future. I was surprised at how uncomfortable, and even scared, I felt in cutting that cord! I had to push myself to do it, as an exercise in self-discipline and to counteract the emotional feeling of dependency I had unknowingly fallen into. Wow! So far, the world has not come crashing down around my ears as a result. Great video topic, as usual, Augustine. 👍
I too cancelled Amazon Prime, do you know you can start a Subscribe & Save monthly delivery? 15% off, and I get everything I need like soap,tissues, toothpaste, etc.
You don't need Amazon Prime. You get free shipping anyway with a 25 dollar order.
@@SirenaSpades Right! But I do miss the ability to grab occasional low-cost deals that I sometimes find in Amazon Warehouse, when I don't have enough other purchases to score the free shipping.
This video was SUPERB. You completely nailed where we're headed (sadly!) and the steps we can implement NOW to navigate our way through these times. Keep up the wonderful work!!!!!!
I appreciate the compliments!
Great insights, Austin, for which I totally agree! The sad thing is that this "service-based economy" actually places more and more power, money, and control over our lives in the hands of big corporations and the richest people in the world - the owners of everything, from which we "rent" everything... (By the way, for some reason your channel doesn't have a subscribe button, though I totally would.)
I'm totally shocked the way people live. I see so many cars/ vans/ trucks stopping daily at my neighbors houses through out the block. Glad I go grocery shopping once a month and never order things online. My clothes are 'old' but I couldn't afford to go buy clothes!
Do you have freedom when you are scared you may have to cook for yourself? Do you have freedom when the thought of walking the animal you chose to own is daunting? Do you have freedom when you must spend weeks, months, or years, strategizing how to move to a new place to live? Do you have freedom when you must stare into the black mirror to not face yourself?
The narrow gate to life vs the wide gate to destruction. The choice is ours.
Eye opening video! Thank you. I gradually moved to frugal over the years.
I enjoy doing things for myself and being self-sufficient. In addition to being frugal, I think being self-sufficient increases confidence and the ability to think through problems.
I’m wide awake and it makes me happy to know there are others waking up.
Older people like myself are definitely able to adjust without having all these things. We know what it was like to not have any of them as children and younger adults because that was our world. The only one that could help is health related advances.
Wow! This video really encapsulates the key decisions of our time. I will watch this again and share it. My decision for the future is to take the intentional path. One of my many skills is baking bread. When you say these skills are not enjoyable, I agree with you a little. When you're learning them, it may be tedious, but once mastered, I find them to be immensely satisfying.
Eating to much bread will contribute to diabetes.
@@captainbuck5969 Since I mostly eat unprocessed foods, the small amount of bread that I eat doesn't affect my glucose levels. Thanks for your concern, though.
wow that was a great video, you summed up what has been lurking in my mind for a while. sometimes it is quiet scary when you look back and see what has changed in the last 30 years and then imagine everything that could change in the next 30
Buy things which are necessary to your daily needs and be ultrapractical with your expenditures.
Frugal living AND keeping fit and healthy.
Most people I see are going exactly back to they their lives were before the last two years actually happened. The vacations, the shopping. The only difference is people still want to work all the time away from where they were before. I feel I have changed in some ways myself but I don’t know if other people feel that way about themselves.
The problem with the subscription model when it comes to video entertainment is the "illusion of choice." Abundance doesn't mean quality and gives a false sense that the viewer has unlimited options, when in reality every subscription service offers a different limited selection. It also causes selection fatigue since the viewer spends so much time simply finding something to watch amongst all the distraction, that they end up watching nothing in the end. I've always been a film buff, so that is one area I will continue to spend a bit of money on for the physical copy with all the extras that are missing from streaming media. This also pertains to books. I will continue to buy physical books as long as I can as nothing can replace that connection. Certainly not Kindle unlimited with it's anemic selection and removal of experience.
Yes! Agree with every word of this.
i believe you are 100% correct, however when i bring this subject up to people they get very angry with me, so i have found that it is best for me not to do so.
keep fighting the good fight my friend. thank you.
I love being frugal and do all my own cooking ,housework and shopping , and by doing that and using cash i save money , your blogs are so useful ,thank you
Going to watch your new video right now with my morning cups of tea from Nova Scotia. Thanks for all you do, Mr. Austin Williams.
I love the simple life it's a mindset it's not Financial❤
What an absolutely wonderful video, thank you! Such profound truths about the times we're living in.
On point, this video hits hard as the obvious truth. Just remember, your life is borrowed and nothing is owned.
Very interesting, and this is something I have realised is already happening, although I have never tried to vocalise it quite the same way.
The obvious things right now are car ownership and our reliance on computers and mobile phones.
People think you are absolutely insane if you dare suggest that they should leave their cars at home and use an alternative form of transport instead.
And the amount of personal responsibility we have surrendered to computers over the past 30-years is frightening, to such an extent that if there is ever a fault with the computer network and it all goes down, we panic because we don't have a backup, and we can no longer function.
One simple example of this is back up cameras in vehicles. So many people now just look at the camera, which only views the back of the car instead of looking out the actual windows of the vehicle to get a 360 view. 🤔
So many near misses and accidents for simply failing to do what we've always done and what's logical.
@Janice I don't either. Honestly I forget I have it unless a passenger brings it up.
Spot on. We've been peeling off the dependence for the past 15 years. We're in a good place but always open to listen & learn new ideas & concepts. We enjoy your vids.
The only way to survive is to seek simplicity. I see a lot of what your saying. 😮
See the beauty in Simplicity. ✅
Excellent and important video. Thank you. Not ever having the satisfaction of accomplishing anything will a be a useless and bleak life.
I agree with all of this 110%.
I confess that I sometimes feel smugly superior about my "old" phone, about clothes I've repaired, or when hairdressers tell me how healthy my hair is (my trick for healthy hair? laziness).
Have you ever read the Word Exchange? In this book, devices predict what people will need including giving them just the right word to use to impress whoever they're speaking with, for an infinitesimally small cost. It gets to the point that someone who doesn't use it stands out as worse than their peers who do use it, and it also gets to the point where people become increasingly reliant on it instead of their internal lexicon.
I don't think I have ever enjoyed a video as much as I have this one. Well done!
Very important message♥️ Let’s all try to hang on to our humanity. Time to really think about humaness and empathy and what it means to us and what a world with less of it would truly boil down to. Great video as always!
Excellent video .....I not only enjoy the context of it but also enjoy watching your gestures...and the way you are talking....the way you are rolling your eyes....
Counterpoint on the "everything will be a subscription". The reason why subscriptions work for books, movies, and games, is because people want to use them for a fixed amount of time, and then they're done. They don't want/need to use them for a long term period for the most part. Items that will be used for a short period are much more attractive to rent than own. Need a tool for a single job? Rent from Home Depot for a few days. Need that tool regularly because you do a particular type of work? Own that tool.
Another wisdom-filled message. I forwarded this to my daughter with 3 young children. Chilling realities! Thankful I know how it all ends. 🙏🏻🙏🏻🙏🏻
Great vid 👌. I agree with all you said and had noticed it many years ago. I changed the way I lived around 4 years ago. Luckily i was raised in a war torn country and know how to survive without luxuries. I used to bring water home from a well in our backyard and also know how to make a fire using wood and cook food on it 😅 so basically i am kinda ready for the worse times 😄 hopefully ☹️
I really want to thank you , I have a different mindset about living life now . On youtube , I saw people , specially girls spending on tons of makeup products , tons of this and that , I consumed the content and whenever went mall , I bought many many things. I regret it too . my room is full of mess right now . I have decided to not buy clothes , beauty products and some other stuff because I already have them in huge amount. Some of things I dont even use but they are still occupying space . Anyways, I have learnt my lesson . We need more youtubers like you .
I think you are bang on. I own everything and do everything myself, always have, always will.
I literally personally know of nobody who's spending that much on subscriptions each month. Everybody I know just cancels their subscriptions the second they stop delivering on promises or the moment that subscription becomes useless or poor value for them. It's a sign of good judgment. Still, some good points in this video.
This video was a Grand Slam! So needed. I’ve been contemplating how I can prepare for these very things. Just yesterday I realized I have a subscription I’m not using and need to cancel. I don’t own a TV so I don’t need all those “streamers” lol.
Thanks!
Well stated!! Move forward with this knowledge and you will have a great / smart future Austin!!
My wife and I did this in 2009. We sold our house,boat,motorcycle. We paid off motorhome,2 cars and our 5 acres of virgin land in a very rural area. I built our house all by myself without a bank from plans to punch list. I am a residential contractor! It took awhile but now we've been in our perfect home for six years. TOTALLY DEPT FREE NOW. In the past six years our retirment has multiplied 10 fold.
Sacrifice a little and stop wasting money and you can to.
BE FRUGAL!
I think a lot of what you said in this video could have been said around 2012. It’s amazing how people just go along with things like walking zombies.
Unfortunately I was only 18 and couldn't make this video then!
Your insights are extraordinary. (And you're so young!) I have actually made changes to my life due to your videos. ( And I'm Gen X...the sensible generation 😂.) Thank you.
Not convinced people will turn helpless and uncreative. Lazy and whiny possibly. Where there's a will there's always a way.
Agustin your predictions of the future frighten me a little! But at the same time they made me take a long, hard look at my financial choices. Thanks again for your interesting insights!
I've actually started to refer to it to as "deprivation", not frugality, because it's based on artificially created deprivation. There is no reason for half a million unhoused people in a nation with 17 million vacant homes, as just one example (but there are many examples: college costs, for-profit medical model, etc.). We are creating this violence against society. You are right the subscription model has really taken off. They want us all to be in constant debt, as an economic gap grows ever wider and classism becomes more entrenched. I recommend Black Mirror: "Fifteen Million Merits" to see where this ends up (if you haven't already). I think an alternative future is angry revolution and redistribution of wealth, where we simply provide for everyone, because we actually can. Additionally, all of this assumes we can mitigate climate change as needed, while corporations fight back against regulation to that end.
Karl Marx, The German Ideology:
This “alienation” (to use a term which will be comprehensible to the philosophers) can, of course, only be abolished given two practical premises. *For it to become an “intolerable” power, i.e. a power against which men make a revolution, it must necessarily have rendered the great mass of humanity “propertyless,”* and produced, at the same time, the contradiction of an existing world of wealth and culture, both of which conditions presuppose a great increase in productive power, a high degree of its development. And, on the other hand, this development of productive forces (which itself implies the actual empirical existence of men in their world-historical, instead of local, being) is an absolutely necessary practical premise because without it want is merely made general, and with destitution the struggle for necessities and all the old filthy business would necessarily be reproduced; and furthermore, because only with this universal development of productive forces is a universal intercourse between men established, which produces in all nations simultaneously the phenomenon of the “propertyless” mass (universal competition), makes each nation dependent on the revolutions of the others, and finally has put world-historical, empirically universal individuals in place of local ones. Without this, (1) communism could only exist as a local event; (2) the forces of intercourse themselves could not have developed as universal, hence intolerable powers: they would have remained home-bred conditions surrounded by superstition; and (3) each extension of intercourse would abolish local communism. Empirically, communism is only possible as the act of the dominant peoples “all at once” and simultaneously, which presupposes the universal development of productive forces and the world intercourse bound up with communism. Moreover, the mass of propertyless workers - the utterly precarious position of labour - power on a mass scale cut off from capital or from even a limited satisfaction and, therefore, no longer merely temporarily deprived of work itself as a secure source of life - presupposes the world market through competition. The proletariat can thus only exist world-historically, just as communism, its activity, can only have a “world-historical” existence. World-historical existence of individuals means existence of individuals which is directly linked up with world history.
See, I agree with this. There's something subtly insidious to this concept minimalism in late stage capitalism when it seems to exclusively be presented as a solution for the dying middle class. Hey, you work hard in a job making way too little for a boss who makes way too much and which has nothing to do with the wasted degree you spent way too much money getting on a false promise, and now you should totally find happiness owning nothing while some own more than they'll ever use. Yeah, no.
Climate change is total bs. The drive behind it is personal austerity not 'saving the world.'
I'm doing renovation of my apartment and everything is freaking expensive.
So, videos on frugal lifestyle is what I need now 😂
We really are heading towards a Wall-E style future. People work from home, shop from home... we have fewer reasons than ever to leave our house. All this convenience should in theory save money (no longer having to spend money on transportation), time (no longer having to commute and sit in traffic jams) and maybe even save our lives (not driving around everywhere reduces our odds of ending up in a lethal accident)... but we all know that most of us have a habit of eating their extra savings, both in a financial sense but also a metaphorical one.
Speak the TRUTH!! You’ve out-done yourself Austin!
This video is DESTACADO hermano❤
Gracias mijita!
I always refused to feed the system--no family, kids, car, TV, mortgage, longterm debt, medical debt.
I mainly consume Kindle ebooks, and stream indie and foreign films.
Been watching several videos from you today. This was really good!
I get it, but I also challenge it. Basic Life Skills (BLS) have been evolving since the beginning of time. The BLS you needed in 1823 or even 1923 is not the same as needed in 2023. Outsourcing work is nothing new. But who has access to the outsourcing of work is 👀. I challenge that 'Easy' is a dirty four letter word. However, I do think Lazy is lol. But the overall gist of being aware and intentional as the economy and workforce transitions over the next 10 to 20 years is spot-on. Prioritizing what's important to you is vital. But Life is not one-size-fits-all, and moderation is key 👍🏾❤️
Agree with the majority of the points made in this video. As an individual who felt helpless among the relentless greed from the top one percent of society, who are hellbent on making life absolute misery for the rest of us, I decided that the only choice left for me to make was to contribute as little as possible to a society more and more designed to only serves those at the top.
We now live in a dystopian pyramid scheme and I am utterly sick of it. I have given up hope that my fellow working class citizens could possibly unite against this endless greed that continues to make our lives utter misery, because those same powers have us fighting and bickering amongst ourselves in endless culture wars in order to keep us divided and we keep falling for it over and over and over again.
So now I buy as little as possible and when I do, I try to make it last as long as possible. I am just so sick of rewarding those that work to make our lives utter misery by their never ending greed.
It is a real shame because it doesn't have to be this way. It doesn't have to be that only a handful of people get to be happy and successful off the backs of the rest of us millions of people. Hopefully the younger generations have the bravery and fortitude to figure it out but I have given up hope on the current generation.
For any young person currently reading this, realize that unfortunately you were born into a situation that you most likely cannot change so just try to escape from it as soon as possible. Just save your money, be frugal and try to retire as early as you can. There really is nothing else worth working for anymore. All of that has been taken away from us. So, it is best to just not be sad about it and work towards escaping this nightmarish pyramid scheme we are all stuck in while we have to work.
Good advice. As Winston Smith thought in Orwell’s’1984’ - ‘If there is any hope, it lies in the proles’ Except the working class are too distracted by meaningless rubbish to ever rise up, refuse to comply, rebel or start any sort of revolution. They have their big bottles of Coke, their Uber eats and Netflix. Nothing will ever change. Agree- get out any way you can asap :)
Excellent video Mr. Williams many are on the wide road to self destruction only a few are on the narrow road to true intentional living keep up the good work.
Confucius wisdom: If you love your child, do not give him comfort.
I was on a business course in 79 and i remember the lecturer commenting "you'll always make money if you cater for peoples idleness" .At the time He was just referring to the rise of fast food outlets now it's a myriad of things.
We need balance. That's what is lacking.
I was about to pay someone to clean my apartment and detail my car. You just encouraged me to do it myself 😂😂😂 Thank you for saving me about $500.00
Great video! This is why I'm keeping my DVD collection: streaming services can delete lines of dialogue or entire scenes from movies if some corporate wanker deems them "inappropriate." Hell, in the future you probably won't be able to *find* Taxi Driver on streaming because "OMG! THE MAIN CHARACTERS ARE A CHILD PROSTITUTE AND A LONER WITH PTSD! DELETE! DELETE!" I think streaming will do more to erode art than preserve it.
Same reason why I am holding on to my books. Well, I also prefer reading from paper instead of a screen.
Apparently they are wanting to rewrite children's classics because of "offensive material" so I'd always read original paper back anyway, simply because I think it's better for the eyes and aesthetically looks better!
I love my DVDs and books. Yes agreed. Not relying on streaming services.
Good luck playing those DVDs in 15 years
@@Lisa-yn5du Like the smell of books and the touch of paper!
Wow.. good observation.. definitely something to think about 🤔🧐
Yeah I've been thinking about this. Whatever job I get whenever I'm forced to move out cost of living is just going to destroy my income. Prices will rise more quickly and more often than I can raise my own income
I find it absurd perfectly healthy people are having groceries delivered. What is wrong with going to do your own shopping. Paying for dog walking? 🙄 We don't *need* any of those services. Food delivery? People are getting lazy on the premises of convenience. How hard is it cook? Are we really this busy? Freeing up time to order more useless services.
It's really heart breaking to observe most people see nothing wrong with it.
"EARTH provides enough to satisfy every man's Needs ~ But not every man's GREED!"
Way to go, CAJUN!!!
@@rhondalyn100 BIG HELLO! YOU GEAUX, GURL!
Wow, such a great video, convenience is the new way to sabotage us of our truth and the reality. 🙏 NAMASTE