I am 82. My memories w pets are priceless. I think your videos are good advice, but there are other things you don’t mention, like charitable donations, gifts, and reading something other than financial books.
I understand where your coming from, but his channel is about being frugal and saving money. Dogs are a big expense. He did say it's good for some people, but it's not for him. This is actually solid financial advice, however it just depends on the person. Dogs can relieve depression for some people, so in this case a dog may be worth it, but if your busy working or you plain just don't want the financial ramifications of a dog, then Gabe's advice is good.
he's way too anal. the dog hair and the jumping on the sofa and the tracking in the mud would entirely mess with his whole soft focus slow motion lifestyle brand
I'm so glad you are responsible about not getting a dog if you don't want to commit. There are way to many dog owners who do not walk their dog enough and neglect them, having a dog is really a way of life. For me having a dog is worth every cent and second. Best investment ever! 🐶❤
I agree with you! Dogs live a short life, it is our job to make their life as good as possible! We got out jack Russell 3 years ago from a rescue. She needs 4-5 walks a day!! My husband and I take turns walking her. My husband changed jobs to be more readily available for her..... He says he can't remember life before her!
Agreed. Got a rescue pup myself and she gets 3 to 4 walks a day, plus 2 play sessions of fetch or tug of war, and night time cuddles and belly rubs. Worth every penny, and I'm healthier and happier with the little pupper in my life.
@@mariec.9102 Oh and when you hike or bike, dog owners need to control their dogs and not let them jump and run after people. That is also being responsible.
I came here to write something similar, but you said it better than I ever could. Every word. In this video, Gabe says he wants to travel more. His priorities may change over time since he's still very young.
I spend about 200/mo on my dog and cat ( both small). Periodically it will be more if they get sick or something but budget and have an emergency fund for them. Worth every penny.
Owning a pet definitely demands responsibility, that made sense. But "It wasnt a great dog" this made no sense. Dogs dont need to be 'great', rather the pet owners (we humans)need to be great enough to take their proper care. 🙂
I'm a minimalist and owning a dog has improved my life a lot. The dog added structure to my day and holds back my narcissistic tendencies and taught me more responsibility.
Not all families who get a dog know what they're doing, so having a "not great" dog is quite understandable. Personally, that decision of his not to own a dog made good sense to me. I've hummed and haa'd about it for a long time, and came to the same decision in the end.
@@Viennafly1 Totally depends on how you raise your kid(s). I exclusively breast fed mine for the first year of their lives - so basically it was free to feed my babies. Also they wore second hand cloth diapers and got lots of hand-me-down clothes which are widely available from family, friends, & at playgroups or La Leche League groups etc. Cloth diapers are not that comfortable for toddlers and both my kids were potty trained by the time they turned three. Kids don't need a bazillion plastic toys or gadgets, that's the parents' choice. Kids don't need the latest & greatest anything, that's the parents' choice. We raised the kids car-free - no one really needs a mini-van or SUV unless they want one. We toldd our teens if they wanted their own cell phone they needed to pay for it. So they got jobs, bought their phones & managed their plans. It's all about choices & priorities. There is no right or wrong way, but it's just not true that children are expensive. It's the parents who choose what values they want to impart and who determine how much they want to spend raising their kids🤷🏽♀️
@@knitnkitten I agree completely. Other than the basic housing that you already live in kids are free. The food you already have extra of or food pantries if needed. And medicaid or a scale fee if needed with Dr visits work.
@@knitnkitten haha yeah definitely a lot of choice in that. But the average kid takes a million dollars or something like that to raise to 18. Food is more expensive than dog food, healthcare costs something. Just more than pets and depends on what you think is expensive. Not to mention certain privileges you would have, like being able to take time off work to breast feed your kid full time.
I totally respect your take on having pets. I have a crap ton of them and yes, they become costly, take a lot of time, make cleanliness a lot of work and require a lot of stuff. I simply practice minimalism and frugality in other ways to offset it. Slightly cheaper than my four kids. Maybe. Or maybe not...
I have done most, if not all the same things as you. Food where I live is more expensive, especially fresh produce, so I spend more per meal than you, but I cook all our meals at home and pack a lunch to work. I also take coffee from home every day. I don't have debt (consumer or mortgage). We save up cash to pay for everything. I don't have video games or tv🤷 Or any subscriptions. I calculate new purchases based on hours worked to purchase ratio. I don't buy anything unless it is needed. I don't impulse buy, buy online, buy new, etc. (my furniture, clothing & hobbies are all purchased second hand). I keep a list of needs and wait to purchase and then seek to find it second hand. Our home.... We bought a small, older home for less than a second hand car. Our home is 600 sq ft built in the 1940's. We saved money to invest in a income property instead. Our cars are second hand too. I don't "do" late fees and have a no-fee bank account. I have no subscriptions, so no possibility of late fees. All utilities are set up to autopay each month. Our puppy is the exception!! She has not cost us much, about $1200 a year, but she is young yet. The time commitment is HUGE!! I prefer to spend money on experiences & travel, but for the last 20 months travel & experiences have not been an option due to Covid lockdowns and such. We are planning to resume travel in 2022, if able. I have been on a no-buy or low-buy for 3 years.... Due to all these changes, I was able to go from a 70 hour work week to a 30 hours work week (mine is the only wage for the household). It has been a great change!!
My dog costs me money (grooming, teeth cleaning, vet bills, medication) but she’s worth every penny. She’s fun, she provides companionship, we take her for walks & meet our neighbors, she forces us to get out of the house and exercise, we play together, & she improves our quality of life. People who don’t love animals are hard, cold people IMO.
Agree with all except swap out dog for video games. I’ve never played a video game in my life, however my dog is my loyal companion, I exercise daily because of her, she adds security to my home, and a natural serotonin enhancer/antidepressant. Best money I’ve ever spent. Nice video!
It's good to choose not to have pets if you are just not into having them as your true companions. Better to not have them if the feeling just isn't there.
When it comes to a dog, I am considering the fostering route. The responsibility part is still there, but most foster programs pay most or all of the expenses. It's just something to consider if dog ownership seems financially out of reach.
Same, my life would be sad without animals in it, plus I got to give a loving home to 3 lovely cats, that's by itself one of the most valuable things in my life ❤
No, they're not! Not for everyone at least! I am extremely happy without a pet in my life, since I don't have to clean for them! For me, cleaning their poops is disgusting
Gabe I don't think I've ever said this to you but your house is aesthetic as hell. I'm trying to find a multi-family home to buy right now to get on that house hacking life
Thanks appreciate it! The first two definitely were not but we got really fortunate that we were able to get this one it's been a great place to live can't recommend house hacking enough!
Great tips for someone who needs help on getting on track with their financial/life goals, but I think they should be taken with a grain of salt. I have adopted the opportunity cost mindset, but it can become toxic when you start to let that consume everything you do. Eating out to hang out with friends after a long week to me is more important than saving $10-13. Especially when you start to not hang out with friends as much bc you think it’ll be worth $100 later on, it’s not healthy. Just my opinion, coming from my experiences!
Ya I think he means just eating out all the time. I use to eat out everyday cuz I would usually spend more when I go grocery shopping in a week. Now I go grocery shopping again, but I cut out all the junk food in-between.
1. Going out to eat 2. No consumer debt 3. Pay attention to opportunity cost 4. Don’t impulse buy (tattoos, subscriptions) 5. Overspend on a house 6. Don’t spend money on fees (bank fees) 7. Focus on income 8. Do not own a dog/pet
Good stuff. I sort of agree with the dog thing. I grew up with dogs and I loved them, but as an adult, I just don't have the time to properly take care of one. It would be cruel of me to get one and just end up neglecting it.
Great points Gabe, i recently gave away about 20% of my stuff and am working toward downsizing my wardrobe. Literally still have items with tags that were gifted to me. I only keep them for the emotional attachment and no other reason. They gotta go. Keep up the great content.
I agree with your list. My wife and I have put these principles into practice over 38 years of marriage. We're poised to retire in December debt free at the age of 62. We raised and educated two married daughters, enjoyed life and lived on a single salary. It can be done.
Retiring at 62 means you didn't live by said principles because you had to work till 62 years old. Frugality and minimalism and financial knowledge allows you give up some immediate gratification for long term gain ie you retire much earlier. I'd rather give up 1,2 or a few luxuries now than have to work till I am 62 where you already are at a high risk of passing on statistically, meaning you might not enjoy your 40+ years of working your life away. Just food for thought.
Our English bulldog is about 600 dollars a year so well under your estimate and she brings great joy to my husband and I. I agree with your other suggestions.
Great things to highlight in this video Gabe! I resonated with the housing costs (especially living in a HCOL city) and diversifying income streams (we can only decrease expenses so far until we feel deprived).
I really like your interial design! The exciting architecture, clean look and still cosy feel. Just love the colour scheme! And, yeah, great advice of what to avoid wasting money on too :-)
I don't have animals anymore since I found out how allergic I was. I let my pets live out their lives, spoiling them as I always did and did not replace. I have to admit I love keeping my money and having freedom of movement without worry.
We're retired, own our house, and our major expenses are (in order of total costs): healthcare & insurance (no chronic diseases for either of us), federal and state taxes, home and car insurance, and home maintenance and repair. Every year they go up and eat away any raises. Investing and saving for your future is something you should start doing when you receive your very first paycheck. Pay yourself first.
Having a dog is aa much work as a child..to do it right, train them, give them attention, walk them. It's a huge undertaking. So only do if you are super duper passionate, have time..and money!!
Great advice delivered with humor is always a winning combination. Thanks! I believe I counted 3 rings on your fingers. Those must be very important to you because you are so careful with your spending habits... Because your attire is simple and minimalist, and because you gesticulate a good deal, your jewelry does stand out - which is not a bad thing at all! I wish I could see what your rings look like up close. They look interesting, especially the one with the square-shaped gem(?)... Question: Where do you purchase your jewelry? Or, more likely, were they given to you? Keep up the good work and thanks again for putting out videos that aren’t a waste of my time!
Your humor really shines through on this on! I was laughing, I always answer myself even when people haven’t made a comment like, “I focus on my income, yes I know most people focus on income .” 🤣 I’m glad you know the commitment to an animal. It’s because of people that don’t know this that end up not caring for or abandoning animals. I admire that about you and your wife 👊 Also, great tips and video shots! I need to work on the eating out one. Our random friends would rather eat out so we try to eat off the kids menu when we can and tip generously to pay off 😊
Thanks! I've been trying to be more myself in these I'm just an awkward dude lol Yeah I definitely want to make sure that I'm not like taking off all the time on my pet eventually I'll get to the point where I'm stable and prepared enough to spend the right amount of time with it
@@GabeBult The hardest thing in life is being true to yourself, but it is the biggest reward. The reward is given to yourself and to others around because people can’t call you fake. Even if they did it falls on deaf ears.👊
Good info here, Gabe. It's my first visit. I just bought a new cell phone, ugh! Spent weeks procrastinating and waiting for sales as I fine tuned exactly what features I needed - durability, good battery, decent photo, unlocked. My new phone is not the cheapest on the market but it was way cheaper than I'd budgeted for and it's been good so far. My old phone had just reached it's 5th birthday. I highly recommend setting up separate accounts for big purchases you know are upcoming and set a little money aside each payday for them.
I've been a terrible impulse buyer but I'm learning, I now wait 1 week or a few days to think about it before I buy on impulse and then I normally know I don't want it xx
Now that I've seen you film from the roof, I'm now going to start watching when I'm driving around for you filming from a roof. Also, as an owner of a cat and dog, can confirm it's ~$200/month to feed, medicate, etc. these two. Thankfully they're both healthy and (generally) pretty low maintenance creatures, but as advice for people who don't have them but are looking at one, they're definitely not the most budget friendly. Plus, if you're renting, you have to factor in pet rent and the overall more expensive rent. Love these two, but some of those costs are hard quantify until you get there.
@@judylloyd7901 I definitely hit that wall when I was apartment shopping. Few places allowed pets at all ("pet-friendly" meant nothing over 20 lbs and a very long breed restriction list), the units cost more to start with, and then there's usually a pet fee and/or monthly pet rent. So before you've even looked at other necessities, the rent was up $400 from other units. I got lucky and rented a room from someone and my pet rent was only $50/month and the only requirement was that the landlord had to like the dog. After my experience, I recommended to a lot of my friends to wait until they were much better off financially or owned their home before getting a pet. There's plenty of people with pets and plenty of shelter dogs who need walking if you want to live vicariously through someone else.
Good points again! Thank you. People don't realize how much they spend on coffee and fast food runs. As you mentioned, time spent, then the money, the gas etc, at the end of one year that adds up into the thousands of dollars! I have no debt, not even a mortgage because I rent. I'm well aware that can be seen as throwing money away but considering I live alone, there is no one to leave a house to, there are some things I just can't do like plumbing and electricity, it's worth to me to rent because my landlord fixes things when needed. Snow plowing and lawn mowing is taken care of and my rent is 25% of my income. If I were to buy a home it would be a tiny home further out into the country than I already am. About that bookshelf!!! It's a good thing I live in an A Frame will few straight walls! LOL
I appreciate all the great ideas that you offer, however, being in my 60's shows a whole different avenue of spending. My time with my grandchildren has been priceless, including some fun somewhat pricey outings, gifting, and occasional meals out or the ice cream blizzard. Included in our outings, are picnics, sandwiches, parks, etc.....we did everything that didn't cost, but in the end, I am happy with all that I was able to be generous with. Being wise and allocating for what is important in life is what 's important to me. Keep up the good ideas!!
That's a shame you didn't have a great experience with your first dog. I totally understand someone's decision to not have one. They require a lot of time, money, and commitment. But for me, a house isn't a home without pets. They get me up in the morning to take care of them and bring me so much joy that they do wonders for my mental and physical health that for me it is worth every penny. But the same goes for kids. Not everyone wants kids and that's totally understandable for similar reasons.
Yes, I totally loved being a mother, but not so much a pet owner! 🤪🤪 Personally, I thought a lot about having a dog, but decided in the end that rather than lowering my blood pressure it would probably raise it! Lol 😆
Burnt Pepper qusadillas 1 jar roasted red peppers, or roast your own, rinse drain and pat dry, in bottom of food processor, I can pinto beans, drained and rinsed into processor, 2 to 4 cups shredded cheese, add 1/2 tsp basil, oregano, garlic, and I add cilantro and cumin. Process until homogeneous, and spread on tortilla and cook in a lightly oiled skillet
Great tips, although... impulse buy is something I still struggle with. I never go to debt bcs of it and I'm much better with controlling it, but it's still a struggle with adhd. It's often driven by emotions and dopamine deficiency. For me, the most important thing is to realize that what I'm doing at the moment is impulsive and then try to analyze why am I like that. Did something bad happened? Am I sad? Angry? Tired? Do I really need this thing or do I just need a dopamine hit? Can I do something different instead to make me feel better? Of course it doesn't work every time. But trying is better than doing nothing. Also... adhd medication greatly helps with impulsivity, at least for me.
Lots of great advice. My husband and I treat ourselves out for a meal together on Fridays. What do you and your wife enjoy doing frugally for your marriage? Or tips
I love my dogs, and I absolutely agree with the dog ownership point. Dogs are not for everyone, and if you're someone who travels a lot or wants a dog "because dogs are cute", then maybe hold off on that. You'll love a dog that much more when they're not a financial or time burden.
While I agree a dog is not for everyone i do think there is an argument that a dog actually saves you money in the long run. For one, they need to be walked and cared for that keeps you from doing other things that often cost money. You will probably travel less which will save a ton of money and environmental cost. I love my dog more than anything i own including my house and all my investments. If your ever lucky enough to really bond with a dog you will understand. Dogs are surely not for everyone and probably a bad idea for many, but for the right people there is no investment better
Can I just say YES!! To your #10. Look, I loved the dog we had for 9 years, she was amazing, I still talk about her, but owning a dog WELL is so expensive! I'm a bit tired of hearing friends say "I can't afford that" or "student debt" or "more stimulus!" And, I see they have 2 dogs, a cat and a bird, like... seriously... they can happily afford $100 a month in pet supplies, but... complain about being I debt... I donno, it's so taboo to even mention! So thank you for doing it!
Depends on where they got the dog and cat. If they bought their pets, then I definitely agree with you. On the other hand, if they rescued them, then I very much don't. My pet cat was a street cat that I fed once a day. Then she got into an accident which broke most of the bones in her body. If we hadn't taken her in she would've died. I wouldn't mind going into debt for that, any more than going into debt for a human being. But buying pets is an absolutely ridiculous waste of money if you're already struggling financially.
@@zetaforever4953 It's the ONGOING COSTS of owning pets that Gabe is actually talking about, not the initial purchase price. So, wherever you get your animal, you're still going to have ongoing costs, especially if you need to spend as much on veterinary care as you must have. That, hopefully, doesn't happen too often 🙁
@@judylloyd7901 the point is that if you rescue an animal, that animal would most probably have died/lived a very miserable life without your intervention. Especially in cases of injury/accident. So whatever money you have to spend on it, in my opinion, is very well spent. Like caring for a sick or elderly family member. There are some things that are more important than financial stability, albeit very few. Buying a pet you can't afford, on the other hand, is stupid and irresponsible. Most dogs that are for sale are especially bred to be sold. Not only is the industry borderline unethical, that dog probably would've been bought by someone else anyway. So you're screwing yourself over (and the dog) by buying it when you can't afford to comfortably bear the ongoing costs of its care and maintenance.
Dude, you make eating out look bad!!!! hahaha I actually love eating out! For me it's an experience - an event! From dressing up to the travelling and the eating (except for the bill haha)! Sometimes you end up sitting for 3-4 hours depending on the type of meal you have! It's great!! It's more of a hobby than just a meal!!
Gabe, I like your videos, you are very smart guy! However living in Europe I do not understand that people still keep saying I don't have any debt ( except the debt of a big house I live in). Wel, in that scenario you do have a huge debt !
He said no consumer debt. In North America mortgages are not considered consumer debt (credit card debt, car loans, personal loans). It would be impossible for 99% of the population in North America to purchase a home without taking on mortgage debt, and houses are appreciating assets unlike most things bought under consumer debt so mortgages are considered "good" debt
I agree with you. A mortgage is a debt. "Consumer debt." What does that mean when it's at home?? I realize people are talking about "consumables" but a mortgage is still a debt.
I literally made my dinner while listening to you. I don't like shopping. My son and I share a car...which means I walk and take the bus a lot because he goes further for work and college. And I am debt free too! 😉 Loved this video! Love all of your videos! 😊
@Gabe Bult our income is barely sufficient. My husband brings in 2 income streams while I bring nothing to the table. That being said, I do all the house chores, all the logistics, I homeschool and handle any issues on the home/school/maintenance/financial/legal fronts. I have been also diagnosed with an autoimmune disease a couple of years ago (which sometimes consumes entire days). How can I find the time or energy to fit any kind of side hustles into my already extremely packed schedule?
@@diamonds8001 I've never had one, and I'm okay with that too 😆😆 Btw, that's not true!! The Scots might say that you've never lived if you haven't eaten haggis! Yeah, nah! I'll pass on that too, thanks! 😳😆😆
love ur vids! I own a 100 yr old historical home in a slightly dodgy neighborhood. We had a couple breakins a few years back- in BROAD daylight!!. The cleveland ohio police officer gave me the best tip. I had nailed a couple windows closed- he said get yourself a small yappy dog. What in the world? Well , we got a male cheepo and man does he make a racket whenever anyone comes around! Waaaay cheaper than the ADT that didnt stop the breakin. BTW- if you want the hassle of your life just try to break an ADT contract. These dogs serve great purposes. They would also appeal to your audience when you are nature walkin in ur vids. Best to u!
Yeah, dogs do have cuteness appeal. But, as a non dog owner myself, I enjoy seeing that not everyone who posts videos thinks that everyone else wants to watch their cute dogs doing cute things. Don't get me wrong - I DO ENJOY watching animal videos! 😁👍 I just don't necessarily want to see them on EVERY video, especially when it's a minimalist channel. Outdoors, and bush craft videos are fine with dogs in them. 😊😊
A little bit later in the video now but since you mentioned speeding tickets now, nothing illustrated that point for better than when I was in college, had finally gotten my paycheck from working in a dining hall and promptly got a speeding ticket that cost the entire amount of my paycheck.
I can't imagine a life without a dog. But I understand your point. My dad died he had 11 cats. My cousin has 27 dogs. My half brother has 15 dogs. That to me is crazy. I think I have too many dogs. I have 3.
2:27 difficult to justify not going out to eat tonight because it’ll make us $100 in 5-10yrs haha. Totally onboard with what you’re saying, however, we aren’t even guaranteed tomorrow.
Yes...going well till you got to the dog bit. Once again, budget, shop wisely, etc, etc.. I could not live without my dog. Non-negotiable! Different priorities for different people. Proper care of dog good for me as well...exercise etc..free to walk a dog. Some would have hobbies, travel, play sport....I would give up all for my dog. A bit worrying re you're comment 'the dog wasn't any good'. 🤔 Agree with your view on credit card. Put all on it, autopay each month, collect points. Definitely limit bouggt coffees. But now older...I indulge a couple per week...knowing full well the overall yearly expense. Budget! budget! budget!.reuse!updare and recycle! .🤗👌👍🇦🇺
He said it was a "not great dog." As a kid, our family had a dog that was not a great dog. Mostly, of course, we just didn't know enough about dogs, so we didn't know how to train him. Which meant that he wasn't fun to have around. Maybe that was the case with Gabe's family dog? Btw, it's "your" comment. 😊👍
We had 6 kids who are now grown. One thing I did not do was spend even a cent on formula, and that’s while nursing 9 straight years, through pregnancies and two or three at a time. Once it helped start up a stalled labor so I didn’t need drugs like Pitocin. Also, aside from the initial investment (I still have them; they’re magnificent lint-free, 41 year old rags) I never bought plastic diapers; it just seemed too easy to wash them myself. I also never potty trained. Everyone naturally wanted to do what the big kids were doing. We didn’t have a TV when the kids were little (by choice) so never used it as a babysitter. No electronics, either. They had their own bedrooms but preferred to sleep together on one big mattress, and I’d play classic books on tape controlled from downstairs in the original version. They’d memorize huge swaths of material over the years! I’d just borrow them cyclically from the library. We also grew (and grow) our own food, as they continue to do today. My Mom sewed all their clothes (her joy) until a certain age. I miss those days! Our 350 yr old house is much too quiet. It’s just my husband, me, and the current batch of rescue kitties. We lost 2 sons to illness, but the rest are thriving, starting booming businesses, collecting houses, and having families. Subscribed!
My daughter, featured a lot here, thinks that where she lives, in NYC, eating out is cheaper than cooking. I myself have never done serious cooking. But is that true? Maybe in NYC we can select decent and affordable restaurant? Maybe Gramercy area instead of UES?
Subbed. Let’s get you to 500. Thanks for being an example of living with less leading to abundance. Being an artist, my income isn’t consistent enough to plan for retirement as young as you, but I hope to get there well before 65. So stay tuned for my unique story in how I use my art to achieve financial freedom. (Some people work so they can retire and paint. I’m painting my ass off so I eventually don’t need to work.) thanks for the motivation, homie!
What I never hear in these videos is a lot of the money we spend on, bdays, weddings, holidays, going out with or over to family. These things add expense as well depending how generous someone is, not to mention car ins, health ins, home ins, condo assessments, home upkeep, utilities, property taxes ( which are crazy depending where you live). I do not have a mortgage. Or car payments, or any debt, but I still find it hard to get ahead as much as I would like, due to the items I mentioned. What do you do to help keep all those costs lower? ( if you did a video on this please point me to it).
Love the video and the tips, not quite sure why you felt like mentioning about owning a dog.... Is not an expense that everyone would have like a car, a house or even food.... same as having kids, is a personal choice, and they probably know it will add to their expenses....
Drop a like to support my coffee addiction! Lets see if we can get to 5,000 Likes!
I would say it’s a bad addiction, but I support this 😜🤷♀️
@@LadyBeeSting2434 I totally support this lol
I like this video and actually I do follow things you mentioned,but didn’t you find safer place than rooftop to take your video?!
Nope! Coffee is bad for you. Not doing it. I will support you quitting your coffee addiction.
Dare to put that video out there! Double dare actually.
I like looking at you.
I am 82. My memories w pets are priceless. I think your videos are good advice, but there are other things you don’t mention, like charitable donations, gifts, and reading something other than financial books.
👏👏👏
I understand where your coming from, but his channel is about being frugal and saving money. Dogs are a big expense. He did say it's good for some people, but it's not for him. This is actually solid financial advice, however it just depends on the person. Dogs can relieve depression for some people, so in this case a dog may be worth it, but if your busy working or you plain just don't want the financial ramifications of a dog, then Gabe's advice is good.
That’s why he said “personally” when he talks about owning a dog.
@@mariavigil7211 you're * 😊👍
he's way too anal. the dog hair and the jumping on the sofa and the tracking in the mud would entirely mess with his whole soft focus slow motion lifestyle brand
*“It is preoccupation with possession, more than anything else, that prevents men from living freely and nobly.” - Bertrand Russell*
I'm so glad you are responsible about not getting a dog if you don't want to commit. There are way to many dog owners who do not walk their dog enough and neglect them, having a dog is really a way of life. For me having a dog is worth every cent and second. Best investment ever! 🐶❤
I agree with you! Dogs live a short life, it is our job to make their life as good as possible! We got out jack Russell 3 years ago from a rescue. She needs 4-5 walks a day!! My husband and I take turns walking her. My husband changed jobs to be more readily available for her..... He says he can't remember life before her!
Agreed. Got a rescue pup myself and she gets 3 to 4 walks a day, plus 2 play sessions of fetch or tug of war, and night time cuddles and belly rubs. Worth every penny, and I'm healthier and happier with the little pupper in my life.
Congrats. You are a responsible dog owner. Some people are not.
@@mariec.9102 Oh and when you hike or bike, dog owners need to control their dogs and not let them jump and run after people. That is also being responsible.
I came here to write something similar, but you said it better than I ever could. Every word. In this video, Gabe says he wants to travel more. His priorities may change over time since he's still very young.
I spend about 200/mo on my dog and cat ( both small). Periodically it will be more if they get sick or something but budget and have an emergency fund for them. Worth every penny.
Owning a pet definitely demands responsibility, that made sense. But "It wasnt a great dog" this made no sense. Dogs dont need to be 'great', rather the pet owners (we humans)need to be great enough to take their proper care. 🙂
This!!! Most likely no one took the time to train the dog, so it had behavioral problems which weren't addressed.
I agree, I almost unsubscribe because of that comment! There are no “not great dogs” there are “ not great owners” though!
I'm a minimalist and owning a dog has improved my life a lot. The dog added structure to my day and holds back my narcissistic tendencies and taught me more responsibility.
Not all families who get a dog know what they're doing, so having a "not great" dog is quite understandable.
Personally, that decision of his not to own a dog made good sense to me. I've hummed and haa'd about it for a long time, and came to the same decision in the end.
Well said, thank you! Sorry not a big fan. I support animals, dogs are amazing and I wished every human owned a dog, you’re missing out.
Something I' m working on is being more aware of people's kindness. Being generous builds wealth and doesn't have to cost much.
*Procrastination is like a credit card, it's a lot of fun until you get the bill.*
Nicely stated 👍🏾🌹
I love my dog. Everyone says owning a dog is expensive. I don’t have kids, I think kids are more expensive than dogs lol (from what I’ve heard anyway)
Dogs are non-negotiable for me.
Kids are wayyyyy more expensive than dogs. Haha but yes dogs are expensive in general. At least mine is. But she sparks joy. :)
@@Viennafly1 Totally depends on how you raise your kid(s). I exclusively breast fed mine for the first year of their lives - so basically it was free to feed my babies. Also they wore second hand cloth diapers and got lots of hand-me-down clothes which are widely available from family, friends, & at playgroups or La Leche League groups etc. Cloth diapers are not that comfortable for toddlers and both my kids were potty trained by the time they turned three. Kids don't need a bazillion plastic toys or gadgets, that's the parents' choice. Kids don't need the latest & greatest anything, that's the parents' choice. We raised the kids car-free - no one really needs a mini-van or SUV unless they want one. We toldd our teens if they wanted their own cell phone they needed to pay for it. So they got jobs, bought their phones & managed their plans. It's all about choices & priorities. There is no right or wrong way, but it's just not true that children are expensive. It's the parents who choose what values they want to impart and who determine how much they want to spend raising their kids🤷🏽♀️
@@knitnkitten I agree completely. Other than the basic housing that you already live in kids are free. The food you already have extra of or food pantries if needed. And medicaid or a scale fee if needed with Dr visits work.
@@knitnkitten haha yeah definitely a lot of choice in that. But the average kid takes a million dollars or something like that to raise to 18. Food is more expensive than dog food, healthcare costs something. Just more than pets and depends on what you think is expensive. Not to mention certain privileges you would have, like being able to take time off work to breast feed your kid full time.
I totally respect your take on having pets. I have a crap ton of them and yes, they become costly, take a lot of time, make cleanliness a lot of work and require a lot of stuff. I simply practice minimalism and frugality in other ways to offset it.
Slightly cheaper than my four kids.
Maybe.
Or maybe not...
I wouldn't give up my cats. Especially during covid . Worth every penny
I have done most, if not all the same things as you.
Food where I live is more expensive, especially fresh produce, so I spend more per meal than you, but I cook all our meals at home and pack a lunch to work. I also take coffee from home every day.
I don't have debt (consumer or mortgage). We save up cash to pay for everything.
I don't have video games or tv🤷
Or any subscriptions.
I calculate new purchases based on hours worked to purchase ratio.
I don't buy anything unless it is needed. I don't impulse buy, buy online, buy new, etc. (my furniture, clothing & hobbies are all purchased second hand).
I keep a list of needs and wait to purchase and then seek to find it second hand.
Our home.... We bought a small, older home for less than a second hand car. Our home is 600 sq ft built in the 1940's. We saved money to invest in a income property instead.
Our cars are second hand too.
I don't "do" late fees and have a no-fee bank account. I have no subscriptions, so no possibility of late fees. All utilities are set up to autopay each month.
Our puppy is the exception!! She has not cost us much, about $1200 a year, but she is young yet. The time commitment is HUGE!!
I prefer to spend money on experiences & travel, but for the last 20 months travel & experiences have not been an option due to Covid lockdowns and such. We are planning to resume travel in 2022, if able.
I have been on a no-buy or low-buy for 3 years....
Due to all these changes, I was able to go from a 70 hour work week to a 30 hours work week (mine is the only wage for the household). It has been a great change!!
My dog costs me money (grooming, teeth cleaning, vet bills, medication) but she’s worth every penny. She’s fun, she provides companionship, we take her for walks & meet our neighbors, she forces us to get out of the house and exercise, we play together, & she improves our quality of life. People who don’t love animals are hard, cold people IMO.
Agree with all except swap out dog for video games. I’ve never played a video game in my life, however my dog is my loyal companion, I exercise daily because of her, she adds security to my home, and a natural serotonin enhancer/antidepressant. Best money I’ve ever spent. Nice video!
Yeah it's definitely different for everybody there are definitely positives that come along with owning a pet it's just not for me right now
Its a good advice though. Never played a video game and I want a dog. But now I think i should try video games. Plus I can always collect plants.
@@eduardochavacano Haha!
Absolutely! 😆😆
It's good to choose not to have pets if you are just not into having them as your true companions. Better to not have them if the feeling just isn't there.
Can't be without my pet. My soulmates. But the rest is good to go!
When it comes to a dog, I am considering the fostering route. The responsibility part is still there, but most foster programs pay most or all of the expenses. It's just something to consider if dog ownership seems financially out of reach.
I lived in a dump and didn't care what people thought. How many of us make friends based on money?
Could agree on everything but the pets. Ain't no living without cats, they are the definition of happiness
Same! 😅 Plus cats are low maintenance for me compared to dogs ✌️ and my cats are adopted ❤️
Same, my life would be sad without animals in it, plus I got to give a loving home to 3 lovely cats, that's by itself one of the most valuable things in my life ❤
I am allergic to cats so dogs for me but totally agree!
No, they're not! Not for everyone at least! I am extremely happy without a pet in my life, since I don't have to clean for them! For me, cleaning their poops is disgusting
Same
Gabe I don't think I've ever said this to you but your house is aesthetic as hell. I'm trying to find a multi-family home to buy right now to get on that house hacking life
Thanks appreciate it! The first two definitely were not but we got really fortunate that we were able to get this one it's been a great place to live can't recommend house hacking enough!
Great tips for someone who needs help on getting on track with their financial/life goals, but I think they should be taken with a grain of salt. I have adopted the opportunity cost mindset, but it can become toxic when you start to let that consume everything you do. Eating out to hang out with friends after a long week to me is more important than saving $10-13. Especially when you start to not hang out with friends as much bc you think it’ll be worth $100 later on, it’s not healthy. Just my opinion, coming from my experiences!
Ya I think he means just eating out all the time. I use to eat out everyday cuz I would usually spend more when I go grocery shopping in a week. Now I go grocery shopping again, but I cut out all the junk food in-between.
Anything is toxic if you let it consume everything you do
The videography quality is really really high in this video, really enjoyed it Gabe! Your channel is a big inspiration
Thanks man! Had some help with this one on the edit
1. Going out to eat
2. No consumer debt
3. Pay attention to opportunity cost
4. Don’t impulse buy (tattoos, subscriptions)
5. Overspend on a house
6. Don’t spend money on fees (bank fees)
7. Focus on income
8. Do not own a dog/pet
#5 is not impulse buying
Thanks
Good stuff. I sort of agree with the dog thing. I grew up with dogs and I loved them, but as an adult, I just don't have the time to properly take care of one. It would be cruel of me to get one and just end up neglecting it.
Great points Gabe, i recently gave away about 20% of my stuff and am working toward downsizing my wardrobe. Literally still have items with tags that were gifted to me. I only keep them for the emotional attachment and no other reason. They gotta go. Keep up the great content.
I take photos then let them go.
I agree with your list. My wife and I have put these principles into practice over 38 years of marriage. We're poised to retire in December debt free at the age of 62. We raised and educated two married daughters, enjoyed life and lived on a single salary. It can be done.
Retiring at 62 means you didn't live by said principles because you had to work till 62 years old. Frugality and minimalism and financial knowledge allows you give up some immediate gratification for long term gain ie you retire much earlier. I'd rather give up 1,2 or a few luxuries now than have to work till I am 62 where you already are at a high risk of passing on statistically, meaning you might not enjoy your 40+ years of working your life away. Just food for thought.
The pups are staying hahaha but yes they are not cheap. Having said that they are cheaper than two legged kids
Our English bulldog is about 600 dollars a year so well under your estimate and she brings great joy to my husband and I. I agree with your other suggestions.
smart and wise the idea of not having any speeding tickets or late fees 👍😉
Great things to highlight in this video Gabe! I resonated with the housing costs (especially living in a HCOL city) and diversifying income streams (we can only decrease expenses so far until we feel deprived).
I really like your interial design! The exciting architecture, clean look and still cosy feel. Just love the colour scheme! And, yeah, great advice of what to avoid wasting money on too :-)
We had no debt but now owe the hospital bill of 9,600.00 :( 2 nights in the hosp./tests only- Obamacare😢
I don't have animals anymore since I found out how allergic I was. I let my pets live out their lives, spoiling them as I always did and did not replace. I have to admit I love keeping my money and having freedom of movement without worry.
6:01 " I ain't gonna pay" Always find ways to be frugal and protect your budget by pushing back.
We're retired, own our house, and our major expenses are (in order of total costs): healthcare & insurance (no chronic diseases for either of us), federal and state taxes, home and car insurance, and home maintenance and repair. Every year they go up and eat away any raises. Investing and saving for your future is something you should start doing when you receive your very first paycheck. Pay yourself first.
just dont forget to enjoyed life u only here once bro, say hi from jakarta indonesia
dogs are the best companion to me, having a loyal dog is much better than human
That is a sad state 😥
Animals are not meant to replace human companionship in our lives.
Having a dog is aa much work as a child..to do it right, train them, give them attention, walk them. It's a huge undertaking. So only do if you are super duper passionate, have time..and money!!
Great advice delivered with humor is always a winning combination. Thanks!
I believe I counted 3 rings on your fingers. Those must be very important to you because you are so careful with your spending habits...
Because your attire is simple and minimalist, and because you gesticulate a good deal, your jewelry does stand out - which is not a bad thing at all! I wish I could see what your rings look like up close. They look interesting, especially the one with the square-shaped gem(?)...
Question: Where do you purchase your jewelry? Or, more likely, were they given to you?
Keep up the good work and thanks again for putting out videos that aren’t a waste of my time!
Your humor really shines through on this on! I was laughing, I always answer myself even when people haven’t made a comment like, “I focus on my income, yes I know most people focus on income .” 🤣 I’m glad you know the commitment to an animal. It’s because of people that don’t know this that end up not caring for or abandoning animals. I admire that about you and your wife 👊
Also, great tips and video shots! I need to work on the eating out one. Our random friends would rather eat out so we try to eat off the kids menu when we can and tip generously to pay off 😊
Thanks! I've been trying to be more myself in these I'm just an awkward dude lol
Yeah I definitely want to make sure that I'm not like taking off all the time on my pet eventually I'll get to the point where I'm stable and prepared enough to spend the right amount of time with it
@@GabeBult The hardest thing in life is being true to yourself, but it is the biggest reward. The reward is given to yourself and to others around because people can’t call you fake. Even if they did it falls on deaf ears.👊
Good info here, Gabe. It's my first visit. I just bought a new cell phone, ugh! Spent weeks procrastinating and waiting for sales as I fine tuned exactly what features I needed - durability, good battery, decent photo, unlocked. My new phone is not the cheapest on the market but it was way cheaper than I'd budgeted for and it's been good so far. My old phone had just reached it's 5th birthday. I highly recommend setting up separate accounts for big purchases you know are upcoming and set a little money aside each payday for them.
I've been a terrible impulse buyer but I'm learning, I now wait 1 week or a few days to think about it before I buy on impulse and then I normally know I don't want it xx
Now that I've seen you film from the roof, I'm now going to start watching when I'm driving around for you filming from a roof.
Also, as an owner of a cat and dog, can confirm it's ~$200/month to feed, medicate, etc. these two. Thankfully they're both healthy and (generally) pretty low maintenance creatures, but as advice for people who don't have them but are looking at one, they're definitely not the most budget friendly. Plus, if you're renting, you have to factor in pet rent and the overall more expensive rent. Love these two, but some of those costs are hard quantify until you get there.
And, if you are renting, there are not many landlords who allow pets of any kind, so there's that to consider.
@@judylloyd7901 I definitely hit that wall when I was apartment shopping. Few places allowed pets at all ("pet-friendly" meant nothing over 20 lbs and a very long breed restriction list), the units cost more to start with, and then there's usually a pet fee and/or monthly pet rent. So before you've even looked at other necessities, the rent was up $400 from other units.
I got lucky and rented a room from someone and my pet rent was only $50/month and the only requirement was that the landlord had to like the dog.
After my experience, I recommended to a lot of my friends to wait until they were much better off financially or owned their home before getting a pet. There's plenty of people with pets and plenty of shelter dogs who need walking if you want to live vicariously through someone else.
So cool to see your "11 things you don't buy" from a year ago compared to the 10 here. Keep on trucking.
Great new time!
Good points again! Thank you.
People don't realize how much they spend on coffee and fast food runs. As you mentioned, time spent, then the money, the gas etc, at the end of one year that adds up into the thousands of dollars!
I have no debt, not even a mortgage because I rent. I'm well aware that can be seen as throwing money away but considering I live alone, there is no one to leave a house to, there are some things I just can't do like plumbing and electricity, it's worth to me to rent because my landlord fixes things when needed. Snow plowing and lawn mowing is taken care of and my rent is 25% of my income. If I were to buy a home it would be a tiny home further out into the country than I already am.
About that bookshelf!!! It's a good thing I live in an A Frame will few straight walls! LOL
Agree, focus on the income!
100%
One thing tho is I will impulse buy if I find a good deal. The opportunity sometimes won't wait.
That's true sometimes you do have to
I appreciate all the great ideas that you offer, however, being in my 60's shows a whole different avenue of spending. My time with my grandchildren has been priceless, including some fun somewhat pricey outings, gifting, and occasional meals out or the ice cream blizzard. Included in our outings, are picnics, sandwiches, parks, etc.....we did everything that didn't cost, but in the end, I am happy with all that I was able to be generous with. Being wise and allocating for what is important in life is what 's important to me. Keep up the good ideas!!
I agree with you.
Lots of people spend more than they can afford or even need.
That's a shame you didn't have a great experience with your first dog. I totally understand someone's decision to not have one. They require a lot of time, money, and commitment. But for me, a house isn't a home without pets. They get me up in the morning to take care of them and bring me so much joy that they do wonders for my mental and physical health that for me it is worth every penny. But the same goes for kids. Not everyone wants kids and that's totally understandable for similar reasons.
Yes, I totally loved being a mother, but not so much a pet owner! 🤪🤪
Personally, I thought a lot about having a dog, but decided in the end that rather than lowering my blood pressure it would probably raise it! Lol 😆
Never had ramen. It's worth a try a bag costs like a quarter. Throw in some frozen/fresh veggies and you have a quick easy meal.
Burnt Pepper qusadillas
1 jar roasted red peppers, or roast your own, rinse drain and pat dry, in bottom of food processor, I can pinto beans, drained and rinsed into processor, 2 to 4 cups shredded cheese, add 1/2 tsp basil, oregano, garlic, and I add cilantro and cumin. Process until homogeneous, and spread on tortilla and cook in a lightly oiled skillet
Great video . I wish I could cook more at home but I hate the taste of my own cooking 🙁
What a great video. I can ascribe everything you said!
Baking is fun and therapeutic, and flour is cheap, sharing baked goods are always great to bring to a party/holidays.
Great tips, although... impulse buy is something I still struggle with. I never go to debt bcs of it and I'm much better with controlling it, but it's still a struggle with adhd. It's often driven by emotions and dopamine deficiency. For me, the most important thing is to realize that what I'm doing at the moment is impulsive and then try to analyze why am I like that. Did something bad happened? Am I sad? Angry? Tired? Do I really need this thing or do I just need a dopamine hit? Can I do something different instead to make me feel better?
Of course it doesn't work every time. But trying is better than doing nothing. Also... adhd medication greatly helps with impulsivity, at least for me.
I do all the same things, except for pets, I have two cats. But when they'll die, I don't think I'll replace them (it's too painful to say goodbye).
In my opinion one of the best videos ever!!!! 👍🏻👍🏻👍🏻
Thanks !!
This video reminded me; have to pay my parking ticket 😕 totally forgot, thanks.
Gabe, you are amazing! And a great saver. Thanks for sharing
Lots of great advice. My husband and I treat ourselves out for a meal together on Fridays. What do you and your wife enjoy doing frugally for your marriage? Or tips
Amazon has been my downfall so I cancelled and will have to shop for what I need which I do not like to shop out AT ALL.
Opportunity COST* LOVE IT!
I love my dogs, and I absolutely agree with the dog ownership point. Dogs are not for everyone, and if you're someone who travels a lot or wants a dog "because dogs are cute", then maybe hold off on that. You'll love a dog that much more when they're not a financial or time burden.
While I agree a dog is not for everyone i do think there is an argument that a dog actually saves you money in the long run. For one, they need to be walked and cared for that keeps you from doing other things that often cost money. You will probably travel less which will save a ton of money and environmental cost. I love my dog more than anything i own including my house and all my investments. If your ever lucky enough to really bond with a dog you will understand. Dogs are surely not for everyone and probably a bad idea for many, but for the right people there is no investment better
Can I just say YES!! To your #10. Look, I loved the dog we had for 9 years, she was amazing, I still talk about her, but owning a dog WELL is so expensive! I'm a bit tired of hearing friends say "I can't afford that" or "student debt" or "more stimulus!" And, I see they have 2 dogs, a cat and a bird, like... seriously... they can happily afford $100 a month in pet supplies, but... complain about being I debt... I donno, it's so taboo to even mention! So thank you for doing it!
Depends on where they got the dog and cat. If they bought their pets, then I definitely agree with you. On the other hand, if they rescued them, then I very much don't. My pet cat was a street cat that I fed once a day. Then she got into an accident which broke most of the bones in her body. If we hadn't taken her in she would've died. I wouldn't mind going into debt for that, any more than going into debt for a human being. But buying pets is an absolutely ridiculous waste of money if you're already struggling financially.
@@zetaforever4953 It's the ONGOING COSTS of owning pets that Gabe is actually talking about, not the initial purchase price. So, wherever you get your animal, you're still going to have ongoing costs, especially if you need to spend as much on veterinary care as you must have.
That, hopefully, doesn't happen too often 🙁
@@judylloyd7901 the point is that if you rescue an animal, that animal would most probably have died/lived a very miserable life without your intervention. Especially in cases of injury/accident.
So whatever money you have to spend on it, in my opinion, is very well spent. Like caring for a sick or elderly family member. There are some things that are more important than financial stability, albeit very few.
Buying a pet you can't afford, on the other hand, is stupid and irresponsible. Most dogs that are for sale are especially bred to be sold. Not only is the industry borderline unethical, that dog probably would've been bought by someone else anyway. So you're screwing yourself over (and the dog) by buying it when you can't afford to comfortably bear the ongoing costs of its care and maintenance.
How do you have less than 100k subs? Your content have such good quality and serves great value for the audience. Anyways love the vid!!!!
Dude, you make eating out look bad!!!! hahaha I actually love eating out! For me it's an experience - an event! From dressing up to the travelling and the eating (except for the bill haha)! Sometimes you end up sitting for 3-4 hours depending on the type of meal you have! It's great!! It's more of a hobby than just a meal!!
I have this thing where I can’t watch people chew. It’s saved me a lot of money eating out! I eat alone at home. Happily!
Gabe, I like your videos, you are very smart guy! However living in Europe I do not understand that people still keep saying I don't have any debt ( except the debt of a big house I live in). Wel, in that scenario you do have a huge debt !
He said no consumer debt. In North America mortgages are not considered consumer debt (credit card debt, car loans, personal loans). It would be impossible for 99% of the population in North America to purchase a home without taking on mortgage debt, and houses are appreciating assets unlike most things bought under consumer debt so mortgages are considered "good" debt
I agree with you. A mortgage is a debt.
"Consumer debt." What does that mean when it's at home??
I realize people are talking about "consumables" but a mortgage is still a debt.
We should be careful on money usage, if you are not spending to earn back then stop spending.
I watched Matt D'avella's video on whether minimalism is dying. I think the down slope means people are slowly changing their ways.
Currently experiencing my girlfriends large house dog... Smh... I totally agree with you
Thank you, brother, what great advice! Be blessed.
Glad you enjoyed it!
Random unrelated comment: I love the color of the paint on the walls in your livingroom
I literally made my dinner while listening to you. I don't like shopping. My son and I share a car...which means I walk and take the bus a lot because he goes further for work and college. And I am debt free too! 😉 Loved this video! Love all of your videos! 😊
@Gabe Bult our income is barely sufficient. My husband brings in 2 income streams while I bring nothing to the table. That being said, I do all the house chores, all the logistics, I homeschool and handle any issues on the home/school/maintenance/financial/legal fronts. I have been also diagnosed with an autoimmune disease a couple of years ago (which sometimes consumes entire days). How can I find the time or energy to fit any kind of side hustles into my already extremely packed schedule?
I wasn’t worried the camera was going to fall off the house, I was worried you were! Haha careful!
You are missing out on Doritoes.
I'm ok with that
@@GabeBult Wow ok. But you haven't lived until you have one.
@@diamonds8001 I've never had one, and I'm okay with that too 😆😆
Btw, that's not true!! The Scots might say that you've never lived if you haven't eaten haggis!
Yeah, nah! I'll pass on that too, thanks!
😳😆😆
love ur vids! I own a 100 yr old historical home in a slightly dodgy neighborhood. We had a couple breakins a few years back- in BROAD daylight!!. The cleveland ohio police officer gave me the best tip. I had nailed a couple windows closed- he said get yourself a small yappy dog. What in the world? Well , we got a male cheepo and man does he make a racket whenever anyone comes around! Waaaay cheaper than the ADT that didnt stop the breakin. BTW- if you want the hassle of your life just try to break an ADT contract. These dogs serve great purposes. They would also appeal to your audience when you are nature walkin in ur vids. Best to u!
Yeah, dogs do have cuteness appeal. But, as a non dog owner myself, I enjoy seeing that not everyone who posts videos thinks that everyone else wants to watch their cute dogs doing cute things.
Don't get me wrong - I DO ENJOY watching animal videos! 😁👍
I just don't necessarily want to see them on EVERY video, especially when it's a minimalist channel.
Outdoors, and bush craft videos are fine with dogs in them. 😊😊
I agree about the expenses of owing pets. For me, I just love everyone else’s pets and keep my money.
I love this video. I have never heard someone admit to thinking/acting just like this! I couldn't have said it better
Love the video! Opportunity cost isn’t talked about enough. Thanks as always!
A little bit later in the video now but since you mentioned speeding tickets now, nothing illustrated that point for better than when I was in college, had finally gotten my paycheck from working in a dining hall and promptly got a speeding ticket that cost the entire amount of my paycheck.
@@usedgucci9604 Me too. Speeding to Church.
I can't imagine a life without a dog. But I understand your point. My dad died he had 11 cats. My cousin has 27 dogs. My half brother has 15 dogs. That to me is crazy. I think I have too many dogs. I have 3.
#1….brilliant! #7 we live in an rv (trailer). As always, great content, thanks!
2:27 difficult to justify not going out to eat tonight because it’ll make us $100 in 5-10yrs haha. Totally onboard with what you’re saying, however, we aren’t even guaranteed tomorrow.
Yes...going well till you got to the dog bit. Once again, budget, shop wisely, etc, etc.. I could not live without my dog. Non-negotiable! Different priorities for different people. Proper care of dog good for me as well...exercise etc..free to walk a dog. Some would have hobbies, travel, play sport....I would give up all for my dog. A bit worrying re you're comment 'the dog wasn't any good'. 🤔
Agree with your view on credit card. Put all on it, autopay each month, collect points. Definitely limit bouggt coffees. But now older...I indulge a couple per week...knowing full well the overall yearly expense. Budget! budget! budget!.reuse!updare and recycle! .🤗👌👍🇦🇺
He said it was a "not great dog."
As a kid, our family had a dog that was not a great dog. Mostly, of course, we just didn't know enough about dogs, so we didn't know how to train him. Which meant that he wasn't fun to have around.
Maybe that was the case with Gabe's family dog?
Btw, it's "your" comment. 😊👍
I can do most of this except giving up my little Baby
so glad you addressed pet ownership & minimalism.
DUDEEEEE 99.2K subscribers... you're getting so close.
I have to say one of your best video👍👍
Thanks really appreciate it!
Great video
I also wait awhile when I think I want to buy something
Big three: house - payed off, car: I don't drive, food: I cook at home with money my job gives me to cover my lunches, so pretty much free.
Just found your channel! Really good stuff!
Thanks! Glad you are enjoying it so far
We had 6 kids who are now grown. One thing I did not do was spend even a cent on formula, and that’s while nursing 9 straight years, through pregnancies and two or three at a time. Once it helped start up a stalled labor so I didn’t need drugs like Pitocin. Also, aside from the initial investment (I still have them; they’re magnificent lint-free, 41 year old rags) I never bought plastic diapers; it just seemed too easy to wash them myself. I also never potty trained. Everyone naturally wanted to do what the big kids were doing. We didn’t have a TV when the kids were little (by choice) so never used it as a babysitter. No electronics, either. They had their own bedrooms but preferred to sleep together on one big mattress, and I’d play classic books on tape controlled from downstairs in the original version. They’d memorize huge swaths of material over the years! I’d just borrow them cyclically from the library. We also grew (and grow) our own food, as they continue to do today. My Mom sewed all their clothes (her joy) until a certain age. I miss those days! Our 350 yr old house is much too quiet. It’s just my husband, me, and the current batch of rescue kitties. We lost 2 sons to illness, but the rest are thriving, starting booming businesses, collecting houses, and having families. Subscribed!
I don't do minimalism to save money, I do it for the space in my home.
My daughter, featured a lot here, thinks that where she lives, in NYC, eating out is cheaper than cooking. I myself have never done serious cooking. But is that true? Maybe in NYC we can select decent and affordable restaurant? Maybe Gramercy area instead of UES?
Subbed. Let’s get you to 500. Thanks for being an example of living with less leading to abundance. Being an artist, my income isn’t consistent enough to plan for retirement as young as you, but I hope to get there well before 65. So stay tuned for my unique story in how I use my art to achieve financial freedom. (Some people work so they can retire and paint. I’m painting my ass off so I eventually don’t need to work.)
thanks for the motivation, homie!
Appreciate it!
What I never hear in these videos is a lot of the money we spend on, bdays, weddings, holidays, going out with or over to family. These things add expense as well depending how generous someone is, not to mention car ins, health ins, home ins, condo assessments, home upkeep, utilities, property taxes ( which are crazy depending where you live). I do not have a mortgage. Or car payments, or any debt, but I still find it hard to get ahead as much as I would like, due to the items I mentioned. What do you do to help keep all those costs lower? ( if you did a video on this please point me to it).
Thank you time is also money😊
Love the video and the tips, not quite sure why you felt like mentioning about owning a dog.... Is not an expense that everyone would have like a car, a house or even food.... same as having kids, is a personal choice, and they probably know it will add to their expenses....