5 Tips For Building Wealth | Frugal Living

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  • Опубликовано: 19 июн 2024
  • Sign up for Morning Brew completely free: morningbrewdaily.com/nicholasg
    Today I go over a few ways I'm learning how to build wealth, some of which I learned from the book "The Richest Man In Babylon".
    The Richest Man In Babylon Book: amzn.to/3rrKzrg
    For Business Inquiries:
    📩 NicholasGarofola@Gmail.com
    Below are links to everything I use in my videos, from camera gear, to wallpapers, to the clothes I wear.
    🔗 LINKS
    ⚙️ - My Essentials: www.amazon.com/shop/nicholasg...
    🎵 - Where I Get My Music: artlist.io/nicholas-1907418
    🎒 - My Gear: www.amazon.com/shop/nicholasg...
    Hey everyone. My name is Nicholas and I make videos most about my experiences with minimalism, frugal living, tech, and things of that nature 🌱. So if that sounds good to you consider subscribing and I'll see you in the next one ✏️
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Комментарии • 89

  • @NicholasGarofola
    @NicholasGarofola  8 месяцев назад +9

    Sign up for Morning Brew completely 100% for free: morningbrewdaily.com/nicholasg

  • @bowedonut22
    @bowedonut22 8 месяцев назад +76

    Highly recommend opening a high interest savings account. If you’re parking your savings you might as well let it generate a little extra money for you. The returns aren’t as great as putting it in the market but it’s much safer and more liquid.

  • @chrissty4551
    @chrissty4551 8 месяцев назад +73

    Yes, a video about investment for beginners would be really awesome! Been into that for some time and I absolutely feel you, it can be really confusing

  • @JanjoZone
    @JanjoZone 8 месяцев назад +27

    Building wealth is tough. Making money work for you, investing, etc. Like you said the hard part is seeing money as a tool.

    • @NicholasGarofola
      @NicholasGarofola  8 месяцев назад +1

      Exactly mate. Book changed the way I’ll be handling my finances in the future.

  • @themoneychannel893
    @themoneychannel893 8 месяцев назад

    Morning Brew is the first thing I read every morning during the week. Highly recommend.

  • @LordOfWeeb
    @LordOfWeeb 8 месяцев назад +3

    Hey, amazing video! Im only 16 but Im glad that Im interested in finance! It will help me for my future! Thx for your advice!

  • @LapisLazuli155
    @LapisLazuli155 8 месяцев назад

    Love that book!

  • @barbaramatarazzo4269
    @barbaramatarazzo4269 8 месяцев назад

    Great video I going to read that book I try to put away whatever I can the key for me is consistency

  • @shag813
    @shag813 8 месяцев назад

    Thanks man!

  • @Austinagann
    @Austinagann 8 месяцев назад +2

    I've been on a binge of your videos lately and they are fantastic! Really loving your content man!

  • @vee8648
    @vee8648 4 месяца назад

    Investing over saving. Thank you for this simple & useful insight 😊

  • @user-rq8zw9oh4l
    @user-rq8zw9oh4l 8 месяцев назад +1

    Such a inspiration
    Please make a video about student minimalism
    And how to live a simple life as a student

  • @damahom92
    @damahom92 3 месяца назад

    Motivation to save more. These are the best type of videos. Realistic and chill. Your way of Minimalism sounds like the best lifestyle anyone should be living

  • @yogidineshnath
    @yogidineshnath 8 месяцев назад

    Loved your hairstyles man❤❤

  • @yashasgm461
    @yashasgm461 8 месяцев назад

    I really need to learn how to invest, I would love a video on that!

  • @Brian_Vallejo
    @Brian_Vallejo 8 месяцев назад +1

    Great advice! And I'd love to see a beginners investing vid 😅

  • @rayaMis0moR2331
    @rayaMis0moR2331 8 месяцев назад +17

    You are such an inspiration, man! Greetings from Croatia, keep up the good work🍀

  • @thechristiankid
    @thechristiankid 8 месяцев назад

    I love your channel ❤

  • @TomSeb.
    @TomSeb. 8 месяцев назад

    I'm @0:30 and akready have to tell you - i loved this book so much. Its the basic of the basics. But still the most important !!

  • @PanaMaJwaaRd
    @PanaMaJwaaRd 8 месяцев назад

    Deff a video about starting

  • @blakesbasement
    @blakesbasement 3 месяца назад

    Wow, dude. You are amazing. I really appreciate your sense of humor and wisdom.

  • @cheesecakeoverload7339
    @cheesecakeoverload7339 8 месяцев назад

    This channel is awesome

  • @xrockonx911
    @xrockonx911 8 месяцев назад

    Sounds like a worthwhile video idea on investing.

  • @samuelpolimeni4150
    @samuelpolimeni4150 8 месяцев назад

    It will be really useful, i'm too trying to understand how to do that :) nice vids by the way

  • @GigaChadBigW
    @GigaChadBigW 8 месяцев назад

    amazing book amazing video

  • @eddiemckenzie5306
    @eddiemckenzie5306 8 месяцев назад

    I'd love a breakdown of how to start investing for beginners!

  • @catharinab8860
    @catharinab8860 8 месяцев назад +1

    I loved ”The richest man in Babylon” too!

  • @stevejones2347
    @stevejones2347 8 месяцев назад +3

    Absolutely yes, an investing for beginners would be very helpful please. Thanks for the video.

  • @jethroibarrola
    @jethroibarrola Месяц назад

    i love that book

  • @theworstguys9487
    @theworstguys9487 8 месяцев назад

    Subscribed a few days ago. Very good content 👍

  • @muddy1364
    @muddy1364 8 месяцев назад

    Yes yes yes. A investment video for beginners

  • @bookstorm7
    @bookstorm7 8 месяцев назад +5

    a video on ‘investing 101’ would be amazing 😊

  • @austcorn
    @austcorn 8 месяцев назад +1

    A video on investing would be great!

  • @krystalgomez2300
    @krystalgomez2300 Месяц назад

    Ur plants are gorgeous

  • @Dan-sw8tg
    @Dan-sw8tg 2 месяца назад

    yes! The " lets start investing together" idea sounds great. Did you already release a video about that? :)

  • @Chaotist
    @Chaotist 8 месяцев назад +1

    I'd be much interested in knowing more about investing.
    Thank you for the informative content ❤️‍🔥

  • @samuilstoyanov9539
    @samuilstoyanov9539 8 месяцев назад

    I would love to see a video about investing and reinvesting money. Please make that happen!

  • @Kyla94934
    @Kyla94934 8 месяцев назад +2

    Yes please a video on investing for absolute beginners. I'm not a beginner anymore but I'm still fairly new to it, and I would have loved a video like that before I started

  • @tanyamaijohnston6797
    @tanyamaijohnston6797 8 месяцев назад

    Hi Nicholas, just joined in the fun. Great content. You have oodles of talent. Tanya from Ireland

  • @ageis
    @ageis 8 месяцев назад +1

    This is a vote for the investing for beginners video :)

  • @Lucaschnyders
    @Lucaschnyders 8 месяцев назад

    what's up Nicholas, if you don't mind me asking what is your day job? Loving the content

  • @Happyland1971
    @Happyland1971 4 месяца назад

    I'd love to see a video on how to invest for beginners!

  • @rahkkas
    @rahkkas 8 месяцев назад +3

    I've listened to the audiobook version of this , and it truly offers timeless lessons ! Prioritizing investing over savings is a simple yet deep perspective to follow and act upon.
    Thank you for sharing your reading experience, Nicholas !

    • @NicholasGarofola
      @NicholasGarofola  8 месяцев назад +1

      My name isn’t Robert but no problem 🥲

    • @rahkkas
      @rahkkas 8 месяцев назад

      @@NicholasGarofola Oops, terrible typo :(

  • @xenoshadowmorph
    @xenoshadowmorph Месяц назад

    I just found your channel and I am trying to repair past mistakes and build my wealth and savings too so I really like your content. Yes, I would love some videos on investing for beginners. As I am somewhat knowledgeable about investing but where do i start - where do I get an account, what are types of stocks to look for, etc.? Please do a couple of videos about that if you can fit it into your schedule.

  • @theharshbhagat
    @theharshbhagat 8 месяцев назад +1

    Useful video!👍
    Make this type of videos more.
    Ques:-
    1.when you make what's on my tech( iPhone,ipad,computer and others)?
    2. Do you like to play games if yes then which one is you playing recently and which is your gaming platform (IPAD, IPHONE,PC or others)?.

  • @Nuttyyana
    @Nuttyyana 8 месяцев назад

    Hey man im new to your channel
    Are your videos available in podcast format? I usually listen ur vid while ironing and cooking

  • @charlescrockett8480
    @charlescrockett8480 8 месяцев назад

    Great video, I'm learning about investing. Btw what's your take on network marketing, can you make a lot from it?

  • @ttmc573
    @ttmc573 7 месяцев назад

    Your plants are gorgeous.. what can I say i love plants 🪴 😊

  • @rimarkablezanoria7323
    @rimarkablezanoria7323 8 месяцев назад

    i would love to learn about investing

  • @sshea1222
    @sshea1222 8 месяцев назад

    Great video! Definitely check out the Brightline Train. Orlando, my hometown is awesome🌴

  • @pprovost
    @pprovost 8 месяцев назад +9

    Hey Nicholas! Great video as usual. A video about investment for beginners would be great!

  • @novelsandlattes
    @novelsandlattes 5 месяцев назад

    I've been having fun with REIT's the past few years. I've always had a dream in the back of my mind to slowly accumulate rental properties and retire with rotating passive income. I found REIT's, realized the dividends are way too attractive to pass up and I have preffered to avoid the headache of physical properties (flipping structures, repairs, etc) I'm having fun. Everything takes time.

  • @matthewcain2880
    @matthewcain2880 6 месяцев назад

    What do you invest in using vanguard?

  • @chetanbharadwaj9944
    @chetanbharadwaj9944 8 месяцев назад

    please make the video about investing bruv itll be a lot of help

  • @The_1990s_kid
    @The_1990s_kid 3 месяца назад

    I think I'm at a similar stage as you. I know how to save but I'm not sure about investments.

  • @rafashyft
    @rafashyft 8 месяцев назад

    Please make that vídeo on how to invest for begginners, I too feel lost

  • @jamescarew8525
    @jamescarew8525 8 месяцев назад

    I was given the book on audio tape by my grandmother and it too has chnage my life style :"} #10%isyourstookeep!

  • @djowlife
    @djowlife 8 месяцев назад

    We want a vid about investing for beginners

  • @tanisemmello
    @tanisemmello 8 месяцев назад

  • @extrasalexisparrapulido
    @extrasalexisparrapulido 8 месяцев назад +1

    1:47 I apply that saying slightly differently. I pay myself FIRST BEFORE any bills, wants, etc.

  • @helo1tsangel219
    @helo1tsangel219 8 месяцев назад

    Can you make a video of you cutting your own hair pls thanks 🙏👍

  • @gabewally
    @gabewally 8 месяцев назад

    👌

  • @Joce123
    @Joce123 8 месяцев назад

    I find Fidelity to be better than Vanguard.

  • @Manuel-rl6um
    @Manuel-rl6um 8 месяцев назад

    That video would be useful. I know it all when it comes to crypto investments but no clue about "classic" investments.

  • @lpmoora
    @lpmoora 8 месяцев назад

    Investing for beginners, 100% please!

  • @limaalphacharlie
    @limaalphacharlie 8 месяцев назад

    Hello Internet friend, you've earned a subscriber. If I can just piggy back off of your invest what you've saved point, if you're going to spend $10 on a Starbucks drink, put that into a brokerage account, like Public (No payment for order flow) and put the $10 into SBUX. You were going to spend those $10 anyway, might as well put them somewhere where they can potentially increase in value. Instead of trading them for a cup of coffee or a pastry. Cos then you paid for the convenience that lasts you maybe half a day. Also, what wallet is that you're using? I'm front pocket gang, all day.

  • @sweeterpalms8434
    @sweeterpalms8434 8 месяцев назад

    You can get pants way cheaper elsewhere 😢

  • @polunocspb4064
    @polunocspb4064 2 месяца назад

    Деньги, деньги, деньги, это все не то что важно, купил акци могут отнять за то что ты не той нации, или обвал рынка например после того как украинцы взорвут атомную станцию(уже пару попыток есть, но вам не говорят) в общем минимализм это хорошо а деньги это грязь. Привет из России