Whenever someone says to the money can’t buy happiness mantra some version of but it puts food on the table or you won’t have to worry about your basic needs etc obviously it means past your basic needs that u need to survive obviously if money is a significant stressor in your life getting some would alleviate said stress. But wealth especially past a certain point doesn’t bring happiness. If so every celebrity or lottery winner would be the happiest people alive. Past a certain point money doesn’t buy happiness whatsoever. So can people please stop with the witty retorts (not in this thread just in general) to the phrase money doesn’t buy happiness acting like it’s a sufficient evidence to the contrary. Obviously if you’re worried about where ur next meal will come from money would make u very happy
Unpaid internships should be illegal. On top of that, every person I know who benefitted from internships (including myself) were relatively well paid.
There was actually a study on this in Canada (Canadian here), the 3 groups studied were 1. Paid internships 2. Unpaid internships 3. Nothing at all Paid internships turned out to be really great, effectively boosting both income and employment long term. Unpaid internships made no statistic difference between them and nothing at all. You're just as well off to plop down and play video games for a few months. The 2 main reasons being that Unpaid internships are generally low quality, as an unpaid intern you're unlikely to get trained, unlikely to be given important tasks and will often just be used to perform errands. If nobody is paying to keep you around then nobody is going to be trying to get their value out of you, which also tends to mean limited references because nobody paid attention to how high quality of work you provided.
@@doricashu4984 yea it's a disgrace all over the world, exploiting mainly young and female people as free working slaves. not even the minimum wage. while all cleaning staff and service and waiter staff gets paid at least minimum wages. unpaid internships - it's such a human rights violation and still completely legal. many apprenticeship degress require actually to complete up to 7 of 1 - 2 month long interships. otherwise you don't get the degree, sick. fun fact: the UN ( yes, United Nations in Switzerland) don't paytheir interns. a worldwide human rights council . . . I wonder how these companies and organizations aren't ashamed of themselves. same with foundations who always look for free volunteers (as if those selfless people don't have a need for or don't deserve rent, money savings, retirement security) to do all their hard work while the foundations collect tons of donations. it's really an issue and as far as I researched mainly women and girls are affected by these issues. and if the internship is paid, it's never fairor anything around minimum wage, but 400 or 500 bucks a month. so much potential for the economy and their own careers gets lost by using young women and let them slave their time and energy away,not training them in decent skills but let them do the stuff nobody wants to do. as if young women learn more by changing bed sheets and cleaning all day, unpaid.while being treated bad, bullied, looked down at and if they don't caterto everyones whim they are threatened to be "fired" - from being an unpaid, bullied cinderella slaveso they can't get their degree and get a bad rating. horrible.
1. Apartment in a cool neighborhood 2. Ugg Boots 3. Vegan Foods/ Diet Till 6" Phase 4. Unpaid internships 5. Music Festivals 6. Trips to see guys 7. College
It's what I did back in 2009! He was in Seattle, I was in London, I sent him a letter a week until I saved up to see him over there and we had a great time roadtripping down the coast to San Francisco and back.
I thought being a homeowner would make me happy, but the endless list of things to do to transform it sucked all the joy out. Ultimately, the lesson I learned is that I can't count on *things* even things I work tirelessly to have, to make me happy. I have to make my own happy each day with mental practices, emotional practices, people, and experiences that bring wonder and novelty into my life.
Lived in apartments for 11 years-hated every minute. Bought first house and moved to another town after 5 years. I don’t enjoy the stuff you have to do -for me beats apartment living hands down.
@@redsnapper9410 Oh I definitely am never going back to renting. But I thought all these projects would be fun. They're just kind of a pain. Oh well, lesson learned!
To me...the whole point of buying a house is to eventually actually OWN IT so that one is not HOMELESS . Knowing I'll have a place to live... even when I'm too old to work .. gives me Joy. Worst case scenario should be.. get mortgage fully paid off in 15 years... whatever that takes... so you can have at least some kind of security down the road. Rent an apt... and it is difficult to get ahead. Granted there are different circumstances.. but it worked for me.
I’m a happy renter. Buying a house is not always the best option, despite popular opinion. I almost bought a house this year, but I am happy I decided not to, because of the time and money commitment. It’s framed as a no-brained, but just like having kids or having pets, it is NOT for everyone 🙂
Eh, I don't know, I find the high pitched "hater voice" that she sometimes does makes her seem kind of thin-skinned. Like, either engage with criticism intelligently, or if it doesn't deserve it ( as seems to be the case here), just ignore it. It's a much better look.
Hey. So, today I bought a new mattress. My old one was giving me back issues and I made the responsible choice of not only waiting until a 40% off sale was happening, I also checked several places to find the best deal and, instead of buying the most expensive one, I bought the second brand which was much less expensive and made by the same factory. Old me would have gotten the most expensive one, but new me did her job. I got something I needed, did my research, got the best price posible and, quite frankly, didn't get the immediate regret I used to get when Making bad choices. That's all. I am happy. Happy "new mattress, best deal gotten" me. Your channel has help me a lot. I'm adulting so hard right now!
Thanks everyone! I know I made a good purchase because I did not get the instant regret afterwards. I was SOO bad in my twenties with money, it was not even funny.
the internship thing....chelsea you hit the nail on the head. I'm a native new yorker and I graduated recently in a very competitive field (graphc design) and EVERY professor I had would advise me to do internships, internship internship INTERNSHIP EXCEPT HELLO NOT ALL OF US HAVE TIME/ENERGY TO WORK FOR FREE. Between commuting, working part and sometimes fulltime, and my full time course load, whilst having to do still make time to sleep and take care of myself too, you think i have the luxury to work for free fetching coffee? And now all the rich kids I went to school with have an advantage over me because they have direct experience via internship and im stuck with only retail on my resume. ahhhhh life.
Have you considered working abroad? American companies and embassies around the world are less picky with their employees (sometimes no experience required), pay an American rate, and some countries, like mine, are really cheap to live in, you could save 80% of your pay and still live like a queen. Do that for a year or two and here is your experience, opportunities to travel, maybe learn another language etc...
Agree with this lack on the part of companies and internships. I found if you are looking for a biology internship, they are unpaid, and you provide your own transportation, and you get your own housing for the summer. So, if you go to a zoo in a city 4 hours from you to do research, you foot the bill for everything and if you don't have a car, well too bad for you, to work for them for free.
I have friends who spent literally thousands of dollars on *RENTING* a wedding dress, not to mention what they spent on the rest of the wedding... What a complete waste of money.
Yes!! We had a very frugal wedding. And 13 years later here we are still married and happy. I don't regret it for a second. The ironic thing is we had a frugal wedding but I splurged on the wedding dress and that's the thing i most regret. 😂
Tons of money on venue, clothing, music, food, decoration, etc FOR ONE SINGLE DAY! Over the top celebrations in general, weddings, birthdays, Xmas... dates that should be about affection and the people who cares for you turned into a parade is a terrible waste of money.
But I believe this list is personal to her and I believe she had a relatively frugal wedding herself. But you’re point is 100% right. Though I should point out that my late husband and I had a wedding for the average cost of an Australian wedding (AUD$30,000 in 2013 plus AUD$25,000 honeymoon) and we didn’t regret a thing. But we had the money and were intentional in what we planned.
EXCELLENT video! I'm pretty sure I'm not your target audience (65 years old), however, wanted to let you know what a wonderful service TFD provides. Cannot begin to tell you the ludicrous purchases I've made over the years thinking "if only I had X then I'd be happy." Really silly stuff. You're doing a great job.
I am 70 and I have made every single mistake this lovely young lady has. And watching her videos has taught me a few things I had not even thought of, which proves that you are never too old to learn something from young people. So kudos to Chelsea for being honest about the experience of growing up. It's also refreshing to see that many young people are trying to follow her advice. I also feel a bit more hopeful about the future when I watch her speak.
My ex wife has an almost identical story about a pair of pants when she was in high school. Guys do the same thing, but with accessories and upgrades to cars and trucks.. Much more expensive money pits! We are talking wasted money in the thousands at high school college age. Ah, disposable income.
The top of my list would definitely be alcohol. I’ve never been much of a partier, but when I turned 21 (even though I was a college student living month-to-month) I still felt the need to be constantly buying alcohol just because I could and I thought having a well-stocked house would make me feel “grown up”. But I ended up wasting a ton of money and probably drinking more than I really wanted to.
Unpaid internships are awful. I've done multiple unpaid internships, and honestly, it has really messed with my self worth and confidence in myself as a worker. All of my unpaid internships have been with non-profits. One gave me some cash under the table to cover costs, and I got a grant from my school, but it didn't cover all the expenses, and I lived very frugally. Another one was for college credit, which is ridiculous because I was actually paying to work since I paid tuition. The last one I did was at a local non-profit abroad, and I was completely taken advantage of. When I decided to quit after they asked me to work more days for the same amount, they told me that I was so important and that they really wanted me to stay. People at these internships had no problem telling me that I was a key player in the team, or giving me a bunch of responsibility. But no one can find the money to pay me for that 'important' work. Now as I return to grad school and think about joining the workforce, I'm really nervous about applying to jobs and negotiating payment. Which is ridiculous.
I loved every music festival I went to. I have tons of photos, videos and great memories from those things. Definitely never regretted a single penny spent on those. Obviously it's different for everyone, but I love live music. You have to really know what makes you happy before spending on them. And we're usually terrible at predicting what will make us happy.
Live music overall matters to me. I worked in the industry for a bit, many of my good friends make their living (pay their mortgage, etc) playing music. It matters not if it’s the hyperlocal free in a bar/coffee shop/restaurant, regional touring acts (the people driving 400 miles to play the underpaying small hall/venue) or festivals. But I did vend at 90 percent of the festivals I attended. Working vacation! My son learned his skills at High Sierra. He sold an astounding amount of glowing things. Helped that he was in elementary school and a cute, long haired hippy kiddo. He went forward, and goes to one annually. Usually metal, because his music taste expanded, but his hair just grew. ;) I’d happily plan a vacation around a fest with enough of my buddies on and off stage.
Oh my god, I loved this. As a thirty-eight year old, each of these 7 purchases was like a little Madeleine of regret and clarity. Thank you for the walk down memory lane and for the sage advice.
I love your videos. You make economics less about numbers, and more about priorities and feelings. Thanks for being so vulnerable in sharing some of your less proud moments, to make great points. It might make for some interesting content, to do a video on "buying" self-worth. With so many ways to spend money to be the best you, which ones might, and might not be worthwhile?
I only went to school after I decided on a career that WILL NOT HIRE YOU without a specific diploma. If I had chosen a career where schooling wasn't mandatory, I wouldn't have gone
Would've agreed before, but it depends on where you live as well. I can see this being true in the US, but Europe has different systems in place for higher education. Here degrees, especially BSc one and in a decent number of fields Master's as well do give you the chance to be hired more often for a better wage. For the festivals: I generally agree, I'm like Chelsea, don't like masses of people and a lot of bright light, smoke, and loud music. I did find a (kind of) festival I enjoy though. It has a very chill atmosphere, the entrance is affordable (I would almost say cheap for what you get in return) and I have friends there I love hanging out with. Actually, 99% of the people there are nice to hang out and chat with.
Ammalyrical - The Frisian Atypical Reader it’s not really true in the US either. College is a very worthwhile experience in terms of what you learn (about life and about your subject matter) and in terms of economics, if you choose the right degree. There are many degrees that can guarantee you a job with double the average American salary... not to mention graduate and professional degrees, like an MD, with an average salary of 6* the national average
I loved you before, Chelsea, but since hearing your raw and real stories makes you legit BFF material. You're a cool cat...a down gal....and the sense of identity plus wisdom gained that you have now makes those experiences all the more worth it. Thanks for the authenticity. ☺
This is what I hear when someone says ”money doesn't buy happiness” Having money will give you comfort and stability. You don't need to worry about of you can pay the bills and if you can survive a $500 car repair. It will take you out of a scarcity mindset which will benefit you. But buying random nick nacks and luxuries won't make you happy. They buy temporary excitement. Buying that Rolex or that Lamborghini won't guaranty you happiness.
Purchases I regret spending money on: 1. New furniture in a furnished short-term rental property 2. Trendy clothes/shoes I thought would make me feel more confident but actually just made me uncomfortable . . Edit: furnished short-term rental
@@user-ie8mv1zy1u It's no bother. I suppose I should edit that to short-term rental. I lived in a furnished rental and we bought some new furniture because what was there was super uncomfortable. After 4 years we had to leave it when we moved and failed to sell it. I still wished we had bought something second hand as I feel that money was a bit wasted.
I bought new very high quality furniture in my 20's. I'm in my 50's and still have the same bedroom and dining room set. I still love the furniture. I did have to sell my living room set because it was too big for my last home. But I love the living room set I have now. I have no plans to move and really like my new home. So now I'm only going to replace the sofa if it wears out. Now if I were in a job that I had to move frequently I would buy cheap/used things so that I could sell or give away with no regret.
I initially cringed at the part about college but then I remembered the difference between college students (18 to 22yr old) and grad students (25 to 35yr olds with a career path already started) Undergrads - picking classes so I don't have at wake up before noon. Mom and dad got this Grad student - this class is costing me a ton of money but I know how many jobs are asking for experience on this topic
I LOVE your stance on unpaid internships. I did two internships, one unpaid and the other paid. The unpaid one taught me nothing except to steer clear of that industry. The paid one changed my life for the better. So I can also vouch that they can be great when companies pay you for the work you do.
"Money doesn't buy happiness" is something two types of people said, 1) financially secure people 2) people so broke and too lazy they're on denial so that they don't have to force themselves to work
I'm Australian and never understood people wearing them as anything other than slippers. That's what they were meant to be. I'd only seen homeless people wearing them outside before Hollywood found them and made them a trend
YES! I've been scrolling the comments because I was sure another Aussie would have commented. I once forgot to change out of my ugg boots to go to the supermarket and my husband was so embarrassed he wouldn't walk next to me. It's like wearing pyjamas out of the house.
I enjoy the money that I am receiving now because I went to college, and I probably wouldn't be where I am without a degree I don't use. I did have an enjoyable experience even though I was a full time student/mom and worked two part time jobs. My college experience gave me so much more than what was available in my rural farming town. I wouldn't disregard college as not bringing you joy, especially for an ever expanding working class. Being exposed to so many thoughts and cultures is a very wonderful experience, and for most people that don't structure themselves thoroughly like A types are, college is a choice forum.
I believe this was one of the best videos that Chelsea has made. I may not always agree with everything in her videos but this one just hit all the right points.
I grew up with a developmentally disabled brother, feeling like I was an only child. I always wanted a big sister and your personality in these videos fills up the little place in me I felt a sister would have occupied. These talks are so sweet and you put so much heart in them, it feels like having a chat with my older sister and learning from her lessons and mistakes. Thank you, Chelsea!
As someone who fully agrees that a) College isn't for everyone and b) You shouldn't have to sign away your financial future just for a degree, I am so grateful and glad that I am attending college now. I've seen and met multitudes of people who don't belong at college, but I can 100% say that I do. I've gained a huge number of things from my college experience thus far, some of which include: 1) A taste of freedom and independence ("real adult mentality"). I learned how to be comfortable alone, cook, manage money, and prioritize tasks without someone else telling me what to do. 2) A strong and involved social circle. As someone who didn't have a big group of friends in high school because I just didn't relate to them, it's incredibly fulfilling to have a group of friends that genuinely value their time with you. 3) Understanding the value of my time. By having a job to juggle with extracurriculars and time-consuming schoolwork, it's more clear why wasted time is wasted money. Every hour is valuable, and it's possible to accomplish so much if you don't fuck around. There's so many more things (like critical thinking skills, connections to job recruiters, institutional support) that aren't included here, but I just wanted to make a devil's advocate argument for the value of college. Chelsea's completely right in that it's important to evaluate the personal utility before taking a big financial step like attending college, but too many people nowadays devalue higher education as just a worthless degree. I hope this provides another side of the picture that isn't shown here.
I hate music festivals and concerts although I love music. Why? I never like all the bands or all the music from one band. Usually I never like an artist or bands. I only like this music from that artist and hate the rest of his work. Same with the bands. Listening to them home gives me the freedom of choosing that one song I like and ignore the rest. Can't do that at a concert. I never understood how people had favorite artist/band... I have favorite songs.
THANK YOU! Seriously concerts never appeal to me becuz most of the time I only like a few select songs from a band and I don't want to waste money and time to only listen to 3 songs I like
I would 100% watch a video talking about where you got your $80 wedding dress (and other places to sub out expensive wedding options for cheaper alternatives)
Bought a very pricey diary in 2017 thinking it's so pretty I'll write every day. I just got mad seeing my wasted money. Threw it out this year with less than 5 entries
love the piece on internships! I, as a foreign student, I singed up for a 12 months long internship in the US in 2010...we were working as much as the full-time employees and were paid 400 dollars a months... and I was NOT ALLOWED to leave when I wanted to leave after 6 months...and there were 11 interns per ..maybe 25 actual employees... the CEO just really found an efficient way to keep the staff costs as low as possible..
Ive been very into your videos lately! I can feel your real personality coming out and i love it! I can relate so much better! Please continue to show your personality in your videos.
I'm eating some dairy free ice cream that I bought and it's sparking joy. Soon it may spark nausea, but I am enjoying the joy. Also, great video, as always!
Ahhhh, Ugg Boots. For most of my life growing up, I only saw uggs being worn with pyjamas or daggy trackpants, mostly by parents who were feeling unwell or lazy. Then in my teens, uggs suddenly became High Fashion and I was horrified. Seeing them being worn with mini skirts in PUBLIC was the fashion equivalent of orange juice and toothpaste: wrong on so many levels. I swore to never own a pair... untill about 10 years later when I cracked and bought some. Now I love them - I wear them throughout winter with pyjamas and trackpants, and only ever in the house (unless I'm exceptionally hungover and getting a coffee from across the road).
I had an internship while in uni, and I've got credits for it, so it was kind of worth it at the time. Although it was not that great, i wanted to think it looked good in my resume having "work" experience abroad. Actually, a lot of things were great about studying abroad, except the studying part itself. I use to think the grass is greener on the other side, but truth is ... my own uni at home was waaay better than the uni abroad in so many levels. Now, I volunteer in 2 different institutions (library and museum) with clear starting and ending points to help, but mainly to learn about an industry I know very little about but makes my heart sing and know more about myself too. I was able to get a job after because I gained experience volunteering. I guess volunteering is good to learn what I want without having to commit into studying or a company that I know little about. But what I take from your video is that is good to have a deadline on when to stop volunteering for free and claim a salary I know I'm worth of. So thank you.
Such a great video! Ugh the Ugg boots spoke to my soul- those were dark times. Having not watched TFD in a while, I'm loving the fact that Chelsea's showing more of her personality 😊
I'm working so hard on getting my financial life back together. Chelsea's video give me hope and makes me feel less terrible about needing to work on my financial life. Anxiety can suck on your financial life so hard!
In France, a college degree is kind of a requirement for quite a lot of jobs. College education is really cheap compared to the US though, the worst, cash grabbing business schools (which are, most of the time, a scam) are still cheaper than most US degrees. The best schools are public anyways, the very best even pay their students while they study there (they do have to work in public service/in the military for a few years or pay their salary back, though)
Yeah for sure, the whole “college culture” thing that Americans do is drastically different from university here in Australia. There is no “college dream” except to be hired before graduation haha. It’s basically just higher learning, and you don’t have to pay for it until you’re earning over a certain tax bracket with what you’ve learned. Definitely a better system all things told
I understand the “feeling like an imposter” in something. A couple years ago I got conned into buying a BMW but I always felt like an imposter in it, especially with a high interest rate, it was a huge money pit. I was able to get rid of it last month and got my dream car, a VW Beetle which is way cheaper and makes me way happier.
Really felt the Ugg-story! For me it was Nike Sneakers: My family had very little money growing up and I remember feeling very uncomfortable in them when I finally got them because I knew my dad had worked probably two entire weekends extra to be able to afford them. My other clothes didnt change, so I still felt like the poor girl - with a pair of expensive shoes.
I remember being so excited about getting a lofty apartment downtown and feeling so cool to be a part of that neighborhood. As I look back, I realize I was going out and spending way too much money every night and really have nothing to show for it now. In a way, I don’t have regrets though because of the memories, but your first thing on this list was right on point for me.
I'm glad I'm not the only one thinking that. Not in my wildest dreams would I take money from anyone. Hmm.. spared myself from all music festivals. I was WAY too cheap. I did Night school to get ahead in my job. I worked all day, was too tired to party... BUT... was able to buy a piece of land and eventually go mortgage free. So... It was well worth the trade off... but.. that's just me.
It's possible that by the time Chelsea confessed to stealing the credit card, it was already past the point where they could be returned. Or she'd already started wearing them around and ruined them. But If I was her mom, I'd still take them, even if I couldn't return them :'D
Alice Hard I love mine too, especially in the winter. I bought mine several years ago because my feet are always freezing in the winters, even indoors. I only wear mine at home and they still look like new, even after all these years. They’ve been a great investment!
They’re great for places with crisp falls and/or cold, dry winters! Not great if you live in a place with a ton or rain or snow in the winter. I love mine, but there are great alternatives for more reasonable prices ngl
love your honesty. It took me 35 years to finally validate what I like and stop pleasing people, peer pressure, and insecurities. thanks for sharing your experiences
Definitely true about the designer items. I stopped caring that much about what I wear when I realize that I don't look at another person differently just because he/she wears expensive clothing. They are still what/who they are inside. And this is more true the older people get. Not that I just buy the cheapest cloth, but definitely not designer labels.
How much do you have to pay? I know that it is usually a big number to study in America, and I have finished collage in my own country, I' m considering to get a master degree in business analyst, in order to increase the possibility to get a job in USA (I was born in America but came back to my country...
Some fields that's just how it works. She acknowledged that I feel. And if you get a real in and can get a solid paid job directly after the internship that's amazing. But so many greedy companies don't have any open positions and just constantly abuse interns.
Speaking of the Ugg-boots: 6 years ago I spent $200 on a Michael Kors purse that I never ended up wearing, and honestly hated it soon after. Whenever I'm low on cash my mind goes back to that purchase, regardless of the fact that I've made worse financial decisions than that.
That Ugg boots regret story was soooo relatable. I also went to a preppy school where the majority of my classmates came from a much better financial situation than we did. I usually didn't get to enjoy any of the trends, but the few times I got what I wanted, I didn't feel great...just felt like the unattractive poor girl with the one cool thing. It was never worth it in hindsight, because I still felt like myself, but with imposter syndrome
Loved your description of music festivals. I have never attended one because fortunately, I had my epiphany before lying in a mud patch. But I love that someone else shares my disdain for the social pressure of categorising music festivals as a "Rite of Passage" for youth. Great video. Love the self-reflection.
I can relate sooooooo much with the feeling of thinking to myself "What am I doing here?" and the discomfort of being where you don't feel like being 😅
Interesting content and lot of it is so true. I only have to disagree with the ugg booths. 😂 I have to say, I bought mine from one of my very first real paychecks about 7 years ago and still use them and love them. As you can read, I use them, I wouldn’t necessarily say I wear them, they are more of a tool for me when running errands, walking or biking the kids to daycare etc. But I totally agree with the idea that you do not need particular designer stuff go be happy. But sometimes a certain item that just happens to be a designer thing make you happy.
University when I applied was all about learning. I wanted, no needed, to learn more about everything and picking one subject was difficult. At university I found it was only about doing what was necessary to pass the exams. In fact you could not both learn your material and pass the exam. To pass you need to concentrate on a narrow and boring limited range of the syllabus. Not all courses where like that. I thought I could conform but in the end it was the material that mattered to me not the certificate. I got a degree, but not without probllem requiring me to repeat my third year. It did get me the jobs including teaching mathematics and then moving into programming. After more than two decades of programming I returned to teaching for a short while and found less of a profession and even more emphasis on exam results and not anything at all about learning subject material. Watered down syllabus, dumbed down exams to the point that a highly successful student became good at passing exams and had no archivement or ability otherwise. I was fortunate to have gone through college (16-19 A Level) and university (19-23 dregree) with grants and fees paid by the state. I paid it all back in higher taxes getting in those days a higher income. My daughter is not so lucky although we realise under the British system the 6% interest charges on 70k GBP only starts to be paid back when you earn enough to do so and then is cancelled after 30 years. Some may never earn enough to pay back the loan but the debt remains there until your 50s and the high salaries are for the few with degrees not the majority. If you can study to get a degree and are interested in the material go for it. We need better educated, more flexibly in the work force and it is always better if the stranger you strike up a conversation with has a few gray cells knocking together and some interesting arguements irrespective of what job they do to put food on their table.
Tbh I think the main thing that makes people happy is hard work and accomplisments, being proud of yourself and so on. It can be frustrating but it builds up your self-esteem and makes you happy. External things such as materialistic items or even certain kinds of experiences won't make you happy if you aren't happy with/proud of yourself. The problem is that the lower your self-esteem is, the more you will seek external things because they're easily available (with money) and you believe/hope they will make you happy instantly and "forever". They won't. The feeling usually vanishes very quickly once you get used to it, that's how the human brain works.
Best one yet! Hahaha I love Chelsea's sense of humor. Would you mind doing a video about weddings. I'm planning one for next year and would love some pointers. I also don't want to spend more than $500 on a dress because I think it's stupid to buy something so expensive for one day.....I've seen dresses at 2,000 jesus...
Music festivals to me are worth it because I’m all about the experience rather than spending on material things. When I became minimalist I started to collect those memories instead of things.
That was exactly my thought on the matter. I save on so many other things in order to have those experiences with my friends. Creating those memories is what propelled me into financial awareness and minimalism as well. It's all about finding where you WANT you money to go, rather than actively following the spending habits of over. Happy festival season!
I used to live in an expensive area in when I lived in Dublin which was next to Facebook and Google, the rents were so high €2600 per month for a two bed apartment, excluding bills. The area was really hip and trendy, but so unaffordable. Now I only pay £650 per month for the same size flat in the UK
Re #7 - to high schoolers think hard about what you want out of college before figuring out where to go. I had a fabulous experience. It was all the things for me Chelsea that you were hoping for. I love going back for reunions whenever time and money allow. Think real hard young ones.
I tell my 13 year old daughter that college is an investment and to make sure that the money you spend is going to benefit your future. So... no need to go to an Ivy League school to make $40k/year.
Totally! I've heard someone say that you should feel free to take out a maximum of total college loans as you think you'll make per year. So if you're going to be a teacher and make 40k a year, you should NOT take out 100,000 in student loans to achieve that goal. It may make more sense to take out a larger amount of money to be a doctor, or lawyer, or engineer, or other high paying careers. Either way, I think we value the prestige of the school far more than it's really worth. In the end, it says the same degree on your transcript.
Great video and some very funny stories. Later in life I decided to go to my first music festival. I think I actually had the same exact experience as you. I became miserable and then couldn’t leave due to impossibility of getting affordable Uber off venue. I had to walk over an hour home. 😡 never ever ever again. Final decision. And please do tell on the quiet bar... that sounds like heaven.
I chose the path of severely underpaid and overworked job until I was 27, had a major burn out, found a very good paying job and learned to value myself and my work. Wish it hadn't taken so long.
My UGG boots were a great investment. I bought them to keep my feet and calves warm indoors during the winter. I’ve had them for several years, and they still look like new, only because I wear them in the house, and never outside. Plus, I can wear them for hours without my feet sweating. I still love my UGG investment!
Chelsea!!! You are so hilarious, and this list was so much in my kool-aid!!! How does the blue raspberry taste? Lol. My Ugg boots were the Coach purse I begged my mom for and the men's belt I got on sale. 😬 Don't get me started on the tons of unpaid internships 😔 and college debt. 😧 I was so ignorant! 😭 I laugh to keep myself from crying. 😂
This Lifestyle Fix video will teach you how to live happily and frugally: ruclips.net/video/huQykwOwWn0/видео.html.
Can you share what equipment you use? The filming is gorgeous!
Money buys stability - stability creates safety and comfort and those are the fundamental base NEEDED for happiness.
Agree
^^nailed it
Whenever someone says to the money can’t buy happiness mantra some version of but it puts food on the table or you won’t have to worry about your basic needs etc obviously it means past your basic needs that u need to survive obviously if money is a significant stressor in your life getting some would alleviate said stress. But wealth especially past a certain point doesn’t bring happiness. If so every celebrity or lottery winner would be the happiest people alive. Past a certain point money doesn’t buy happiness whatsoever. So can people please stop with the witty retorts (not in this thread just in general) to the phrase money doesn’t buy happiness acting like it’s a sufficient evidence to the contrary. Obviously if you’re worried about where ur next meal will come from money would make u very happy
Income above about 70.000 dollars doesn't make you more happy than that income of 70.000. But below that, yes it does make you happier on average.
job stability gives you stability for which you need experience
what is with this insistence on the "middle man"
I need more Chelsea sharing about her life mistakes. She's so relatable.
Right? I love it!
She is my spirit wolf
Yaaaas
I really like her transparency.
I need a Chelsea in my life omg 😂 she seems like such an awesome person to have as a friend
Unpaid internships should be illegal.
On top of that, every person I know who benefitted from internships (including myself) were relatively well paid.
There was actually a study on this in Canada (Canadian here), the 3 groups studied were
1. Paid internships
2. Unpaid internships
3. Nothing at all
Paid internships turned out to be really great, effectively boosting both income and employment long term.
Unpaid internships made no statistic difference between them and nothing at all. You're just as well off to plop down and play video games for a few months.
The 2 main reasons being that Unpaid internships are generally low quality, as an unpaid intern you're unlikely to get trained, unlikely to be given important tasks and will often just be used to perform errands. If nobody is paying to keep you around then nobody is going to be trying to get their value out of you, which also tends to mean limited references because nobody paid attention to how high quality of work you provided.
In my country (Belgium) most internships are unpaid what a joke, had to go all the way to Luxembourg to find interesting and well paid internship.
@@doricashu4984 yea it's a disgrace all over the world, exploiting mainly young and female people as free working slaves. not even the minimum wage. while all cleaning staff and service and waiter staff gets paid at least minimum wages. unpaid internships - it's such a human rights violation and still completely legal. many apprenticeship degress require actually to complete up to 7 of 1 - 2 month long interships. otherwise you don't get the degree, sick. fun fact: the UN ( yes, United Nations in Switzerland) don't paytheir interns. a worldwide human rights council . . . I wonder how these companies and organizations aren't ashamed of themselves. same with foundations who always look for free volunteers (as if those selfless people don't have a need for or don't deserve rent, money savings, retirement security) to do all their hard work while the foundations collect tons of donations. it's really an issue and as far as I researched mainly women and girls are affected by these issues. and if the internship is paid, it's never fairor anything around minimum wage, but 400 or 500 bucks a month. so much potential for the economy and their own careers gets lost by using young women and let them slave their time and energy away,not training them in decent skills but let them do the stuff nobody wants to do. as if young women learn more by changing bed sheets and cleaning all day, unpaid.while being treated bad, bullied, looked down at and if they don't caterto everyones whim they are threatened to be "fired" - from being an unpaid, bullied cinderella slaveso they can't get their degree and get a bad rating. horrible.
@Blake Belladonna Only in California.
1. Apartment in a cool neighborhood
2. Ugg Boots
3. Vegan Foods/ Diet Till 6" Phase
4. Unpaid internships
5. Music Festivals
6. Trips to see guys
7. College
Wow spoiler alert 😂😂
4 to 6 have made me happy before 🤣
@@ladyburlesque UGG boots amiright?
thank you, "Trips to see guys" is a good one
Thank you for doing the lord’s work.
"Pretend like it's 1864 and be penpals until one of you has money," Is hands down the best relationship advice I've gotten from RUclips.
Yassss
True facts
+
It's what I did back in 2009! He was in Seattle, I was in London, I sent him a letter a week until I saved up to see him over there and we had a great time roadtripping down the coast to San Francisco and back.
Lol
I thought being a homeowner would make me happy, but the endless list of things to do to transform it sucked all the joy out. Ultimately, the lesson I learned is that I can't count on *things* even things I work tirelessly to have, to make me happy. I have to make my own happy each day with mental practices, emotional practices, people, and experiences that bring wonder and novelty into my life.
Better with Phoebe I feel the exact same way. I bought a house because I was told that’s what you do, and I hate it.
Lived in apartments for 11 years-hated every minute. Bought first house and moved to another town after 5 years. I don’t enjoy the stuff you have to do -for me beats apartment living hands down.
@@redsnapper9410 Oh I definitely am never going back to renting. But I thought all these projects would be fun. They're just kind of a pain. Oh well, lesson learned!
To me...the whole point of buying a house is to eventually actually OWN IT so that one is not HOMELESS
. Knowing I'll have a place to live... even when I'm too old to work .. gives me Joy.
Worst case scenario should be.. get mortgage fully paid off in 15 years... whatever that takes... so you can have at least some kind of security down the road. Rent an apt... and it is difficult to get ahead.
Granted there are different circumstances.. but it worked for me.
I’m a happy renter. Buying a house is not always the best option, despite popular opinion. I almost bought a house this year, but I am happy I decided not to, because of the time and money commitment. It’s framed as a no-brained, but just like having kids or having pets, it is NOT for everyone 🙂
"it's not because I'm wearing a lot of Glossier products, it's because I'm dying" an icon
I feel it. 40 C even with the air con on and in rural England not know for more than two hot days a year :(
😂😂😂 it was hilarious
Well, aren't we all. Just very slowly...
in which minute was this?
LITERALLY choked on my juice
The voice for "money doesn't buy happiness" deserves a like
1:07, ppl!
😁😁😁
Agreed! 😁😁😁😁
@@meistro2k Thank you! I went all the way back to the beginning looking for this! 😂😂😂😂
Eh, I don't know, I find the high pitched "hater voice" that she sometimes does makes her seem kind of thin-skinned. Like, either engage with criticism intelligently, or if it doesn't deserve it ( as seems to be the case here), just ignore it. It's a much better look.
Hey. So, today I bought a new mattress. My old one was giving me back issues and I made the responsible choice of not only waiting until a 40% off sale was happening, I also checked several places to find the best deal and, instead of buying the most expensive one, I bought the second brand which was much less expensive and made by the same factory. Old me would have gotten the most expensive one, but new me did her job. I got something I needed, did my research, got the best price posible and, quite frankly, didn't get the immediate regret I used to get when Making bad choices.
That's all. I am happy. Happy "new mattress, best deal gotten" me. Your channel has help me a lot. I'm adulting so hard right now!
SabriMooney this is awesome! It feels so good to make smart money choices!
That's awesome! Congratulations!
SabriMooney good job, definitely a worthy investment, pennies per use
Thanks everyone! I know I made a good purchase because I did not get the instant regret afterwards. I was SOO bad in my twenties with money, it was not even funny.
@@SabriMooney congrats! Which mattress did you get? Mine kills my back but I can find a good one that isn't outrageously expensive 😂
the internship thing....chelsea you hit the nail on the head. I'm a native new yorker and I graduated recently in a very competitive field (graphc design) and EVERY professor I had would advise me to do internships, internship internship INTERNSHIP EXCEPT HELLO NOT ALL OF US HAVE TIME/ENERGY TO WORK FOR FREE. Between commuting, working part and sometimes fulltime, and my full time course load, whilst having to do still make time to sleep and take care of myself too, you think i have the luxury to work for free fetching coffee? And now all the rich kids I went to school with have an advantage over me because they have direct experience via internship and im stuck with only retail on my resume. ahhhhh life.
Have you considered working abroad? American companies and embassies around the world are less picky with their employees (sometimes no experience required), pay an American rate, and some countries, like mine, are really cheap to live in, you could save 80% of your pay and still live like a queen. Do that for a year or two and here is your experience, opportunities to travel, maybe learn another language etc...
Agree with this lack on the part of companies and internships. I found if you are looking for a biology internship, they are unpaid, and you provide your own transportation, and you get your own housing for the summer. So, if you go to a zoo in a city 4 hours from you to do research, you foot the bill for everything and if you don't have a car, well too bad for you, to work for them for free.
@@f.-j.j.5738 May I ask what country you live in?
@@dinar471 I live in Haiti 🇭🇹
But my comment was including any country with a US embassy/company
Flower Petal I’m Haitian!
I would totally have added an elaborate wedding to this list.
I have friends who spent literally thousands of dollars on *RENTING* a wedding dress, not to mention what they spent on the rest of the wedding...
What a complete waste of money.
Yes!! We had a very frugal wedding. And 13 years later here we are still married and happy. I don't regret it for a second. The ironic thing is we had a frugal wedding but I splurged on the wedding dress and that's the thing i most regret. 😂
Tons of money on venue, clothing, music, food, decoration, etc FOR ONE SINGLE DAY! Over the top celebrations in general, weddings, birthdays, Xmas... dates that should be about affection and the people who cares for you turned into a parade is a terrible waste of money.
But I believe this list is personal to her and I believe she had a relatively frugal wedding herself. But you’re point is 100% right. Though I should point out that my late husband and I had a wedding for the average cost of an Australian wedding (AUD$30,000 in 2013 plus AUD$25,000 honeymoon) and we didn’t regret a thing. But we had the money and were intentional in what we planned.
EXCELLENT video! I'm pretty sure I'm not your target audience (65 years old), however, wanted to let you know what a wonderful service TFD provides. Cannot begin to tell you the ludicrous purchases I've made over the years thinking "if only I had X then I'd be happy." Really silly stuff. You're doing a great job.
I am 63 yo and I feel EXACTY the same way. Love TFD!
52 years old here!
45 and I love her. I send her videoes to my 15 year old daughter because Chelsea is far more money wise than Ill ever be.
I am 57 and love this site. I have introduced my 21 and 24 year old daughters to TFD and they are flourishing
I am 70 and I have made every single mistake this lovely young lady has. And watching her videos has taught me a few things I had not even thought of, which proves that you are never too old to learn something from young people. So kudos to Chelsea for being honest about the experience of growing up. It's also refreshing to see that many young people are trying to follow her advice. I also feel a bit more hopeful about the future when I watch her speak.
The Ugg Boots story had be cackling! Chelsea had the Abercrombie jeans, melted boots with fur. The whole school was lookin at her! 😂😂😂
Sincerely Eccentric I thought for sure she was going to say the shearling caught on fire😂😂
I sang that in my head hahahha
😂😂😂
My ex wife has an almost identical story about a pair of pants when she was in high school. Guys do the same thing, but with accessories and upgrades to cars and trucks.. Much more expensive money pits! We are talking wasted money in the thousands at high school college age. Ah, disposable income.
😂😂😂😂😂😂
I totally appreciate Chelsea's substance, shadiness and salty sarcasm .
The top of my list would definitely be alcohol. I’ve never been much of a partier, but when I turned 21 (even though I was a college student living month-to-month) I still felt the need to be constantly buying alcohol just because I could and I thought having a well-stocked house would make me feel “grown up”. But I ended up wasting a ton of money and probably drinking more than I really wanted to.
I hated drinking most alcohol, so I just started using alcohol for cooking.
Unpaid internships are awful. I've done multiple unpaid internships, and honestly, it has really messed with my self worth and confidence in myself as a worker. All of my unpaid internships have been with non-profits. One gave me some cash under the table to cover costs, and I got a grant from my school, but it didn't cover all the expenses, and I lived very frugally. Another one was for college credit, which is ridiculous because I was actually paying to work since I paid tuition. The last one I did was at a local non-profit abroad, and I was completely taken advantage of. When I decided to quit after they asked me to work more days for the same amount, they told me that I was so important and that they really wanted me to stay. People at these internships had no problem telling me that I was a key player in the team, or giving me a bunch of responsibility. But no one can find the money to pay me for that 'important' work. Now as I return to grad school and think about joining the workforce, I'm really nervous about applying to jobs and negotiating payment. Which is ridiculous.
I loved every music festival I went to. I have tons of photos, videos and great memories from those things. Definitely never regretted a single penny spent on those. Obviously it's different for everyone, but I love live music. You have to really know what makes you happy before spending on them. And we're usually terrible at predicting what will make us happy.
I agree, spending money on wonderful memories is never a regret. We spend a lot on travel with our children. I
There is something incredibly wonderful about live music. Particularly Loud live music. Is it a worthwhile occasional treat
Live music overall matters to me. I worked in the industry for a bit, many of my good friends make their living (pay their mortgage, etc) playing music. It matters not if it’s the hyperlocal free in a bar/coffee shop/restaurant, regional touring acts (the people driving 400 miles to play the underpaying small hall/venue) or festivals. But I did vend at 90 percent of the festivals I attended. Working vacation! My son learned his skills at High Sierra. He sold an astounding amount of glowing things. Helped that he was in elementary school and a cute, long haired hippy kiddo. He went forward, and goes to one annually. Usually metal, because his music taste expanded, but his hair just grew. ;) I’d happily plan a vacation around a fest with enough of my buddies on and off stage.
agreed! i feel like it would have been better to say don’t spend money on “experiences you don’t actually want to experience” lol
Oh my god, I loved this. As a thirty-eight year old, each of these 7 purchases was like a little Madeleine of regret and clarity. Thank you for the walk down memory lane and for the sage advice.
I love your videos. You make economics less about numbers, and more about priorities and feelings. Thanks for being so vulnerable in sharing some of your less proud moments, to make great points. It might make for some interesting content, to do a video on "buying" self-worth. With so many ways to spend money to be the best you, which ones might, and might not be worthwhile?
I cannot tell you how cathartic it was to hear another Millennial say that music festivals and college are not worth the money. 🙌🙌🙌
Sara Rossell omg yes. Especially fir introverts !
Depends on the college and the degree. Any degree from an Ivy League school guarantees you success. Most STEM degrees are very valuable too.
I only went to school after I decided on a career that WILL NOT HIRE YOU without a specific diploma. If I had chosen a career where schooling wasn't mandatory, I wouldn't have gone
Would've agreed before, but it depends on where you live as well. I can see this being true in the US, but Europe has different systems in place for higher education. Here degrees, especially BSc one and in a decent number of fields Master's as well do give you the chance to be hired more often for a better wage.
For the festivals: I generally agree, I'm like Chelsea, don't like masses of people and a lot of bright light, smoke, and loud music. I did find a (kind of) festival I enjoy though. It has a very chill atmosphere, the entrance is affordable (I would almost say cheap for what you get in return) and I have friends there I love hanging out with. Actually, 99% of the people there are nice to hang out and chat with.
Ammalyrical - The Frisian Atypical Reader it’s not really true in the US either. College is a very worthwhile experience in terms of what you learn (about life and about your subject matter) and in terms of economics, if you choose the right degree. There are many degrees that can guarantee you a job with double the average American salary... not to mention graduate and professional degrees, like an MD, with an average salary of 6* the national average
"a lot of people liked to break up in the street" 😂😂😂😂💀
I loved you before, Chelsea, but since hearing your raw and real stories makes you legit BFF material. You're a cool cat...a down gal....and the sense of identity plus wisdom gained that you have now makes those experiences all the more worth it. Thanks for the authenticity. ☺
This is what I hear when someone says ”money doesn't buy happiness”
Having money will give you comfort and stability. You don't need to worry about of you can pay the bills and if you can survive a $500 car repair. It will take you out of a scarcity mindset which will benefit you. But buying random nick nacks and luxuries won't make you happy. They buy temporary excitement. Buying that Rolex or that Lamborghini won't guaranty you happiness.
Purchases I regret spending money on:
1. New furniture in a furnished short-term rental property
2. Trendy clothes/shoes I thought would make me feel more confident but actually just made me uncomfortable
.
.
Edit: furnished short-term rental
Micha Sonmark if you don’t mind me asking, why do you regret the new furniture for a rental, would you feel different if wasn’t a rental?
@@user-ie8mv1zy1u It's no bother. I suppose I should edit that to short-term rental. I lived in a furnished rental and we bought some new furniture because what was there was super uncomfortable. After 4 years we had to leave it when we moved and failed to sell it. I still wished we had bought something second hand as I feel that money was a bit wasted.
I bought new very high quality furniture in my 20's. I'm in my 50's and still have the same bedroom and dining room set. I still love the furniture. I did have to sell my living room set because it was too big for my last home. But I love the living room set I have now. I have no plans to move and really like my new home. So now I'm only going to replace the sofa if it wears out. Now if I were in a job that I had to move frequently I would buy cheap/used things so that I could sell or give away with no regret.
I initially cringed at the part about college but then I remembered the difference between college students (18 to 22yr old) and grad students (25 to 35yr olds with a career path already started)
Undergrads - picking classes so I don't have at wake up before noon. Mom and dad got this
Grad student - this class is costing me a ton of money but I know how many jobs are asking for experience on this topic
I LOVE your stance on unpaid internships. I did two internships, one unpaid and the other paid. The unpaid one taught me nothing except to steer clear of that industry. The paid one changed my life for the better. So I can also vouch that they can be great when companies pay you for the work you do.
"Money doesn't buy happiness" is something two types of people said, 1) financially secure people 2) people so broke and too lazy they're on denial so that they don't have to force themselves to work
Yup!
And rich people that prefer substance over quantity. Meaningfulness over materials.
"Sun poisoning!" I have never had my feelings about being stranded outside on a hot day summed up so beautifully!
Osiris Malkovich it’s a real thing.
I'm Australian and never understood people wearing them as anything other than slippers. That's what they were meant to be. I'd only seen homeless people wearing them outside before Hollywood found them and made them a trend
Hilarious!!!
YES! I've been scrolling the comments because I was sure another Aussie would have commented. I once forgot to change out of my ugg boots to go to the supermarket and my husband was so embarrassed he wouldn't walk next to me. It's like wearing pyjamas out of the house.
@@kirstenbailey 😂 I probably would have done the same if my husband or a friend wore ugg boots out of their house. 😂
@0 They don't cost that much here.
Love this so real and relatable!
I regret buying an assortment of expensive makeup when I only use 4 items on my face 99% of the time
Broke vegans know pasta and rice are life, but yeah, if you want to loose weight, veggie burgers won't help lol
AND B12 PILLS (very cheap, at least in my country) but yeah.
Let em know
I enjoy the money that I am receiving now because I went to college, and I probably wouldn't be where I am without a degree I don't use. I did have an enjoyable experience even though I was a full time student/mom and worked two part time jobs. My college experience gave me so much more than what was available in my rural farming town. I wouldn't disregard college as not bringing you joy, especially for an ever expanding working class. Being exposed to so many thoughts and cultures is a very wonderful experience, and for most people that don't structure themselves thoroughly like A types are, college is a choice forum.
I believe this was one of the best videos that Chelsea has made. I may not always agree with everything in her videos but this one just hit all the right points.
I better hear about the robin eggs blue jacket in this video
That jacket is legendary on this channel
Love how articulate you are.
Money doesn’t buy happiness but it can keep misery at bay.
I love your POV on music festivals and trips to see guys. SO relatable and true..lol!
I grew up with a developmentally disabled brother, feeling like I was an only child. I always wanted a big sister and your personality in these videos fills up the little place in me I felt a sister would have occupied.
These talks are so sweet and you put so much heart in them, it feels like having a chat with my older sister and learning from her lessons and mistakes. Thank you, Chelsea!
Could you do a video on your time in France??? I would love to hear you talk about the how, why and what!!
As someone who fully agrees that a) College isn't for everyone and b) You shouldn't have to sign away your financial future just for a degree, I am so grateful and glad that I am attending college now. I've seen and met multitudes of people who don't belong at college, but I can 100% say that I do.
I've gained a huge number of things from my college experience thus far, some of which include:
1) A taste of freedom and independence ("real adult mentality"). I learned how to be comfortable alone, cook, manage money, and prioritize tasks without someone else telling me what to do.
2) A strong and involved social circle. As someone who didn't have a big group of friends in high school because I just didn't relate to them, it's incredibly fulfilling to have a group of friends that genuinely value their time with you.
3) Understanding the value of my time. By having a job to juggle with extracurriculars and time-consuming schoolwork, it's more clear why wasted time is wasted money. Every hour is valuable, and it's possible to accomplish so much if you don't fuck around.
There's so many more things (like critical thinking skills, connections to job recruiters, institutional support) that aren't included here, but I just wanted to make a devil's advocate argument for the value of college.
Chelsea's completely right in that it's important to evaluate the personal utility before taking a big financial step like attending college, but too many people nowadays devalue higher education as just a worthless degree. I hope this provides another side of the picture that isn't shown here.
I hate music festivals and concerts although I love music. Why? I never like all the bands or all the music from one band. Usually I never like an artist or bands. I only like this music from that artist and hate the rest of his work. Same with the bands. Listening to them home gives me the freedom of choosing that one song I like and ignore the rest. Can't do that at a concert. I never understood how people had favorite artist/band... I have favorite songs.
THANK YOU! Seriously concerts never appeal to me becuz most of the time I only like a few select songs from a band and I don't want to waste money and time to only listen to 3 songs I like
Glad somebody said this.
I would 100% watch a video talking about where you got your $80 wedding dress (and other places to sub out expensive wedding options for cheaper alternatives)
Bought a very pricey diary in 2017 thinking it's so pretty I'll write every day. I just got mad seeing my wasted money. Threw it out this year with less than 5 entries
JEDIDA MAGARE I’m guilty of this and with planners!
love the piece on internships! I, as a foreign student, I singed up for a 12 months long internship in the US in 2010...we were working as much as the full-time employees and were paid 400 dollars a months... and I was NOT ALLOWED to leave when I wanted to leave after 6 months...and there were 11 interns per ..maybe 25 actual employees... the CEO just really found an efficient way to keep the staff costs as low as possible..
Now this is what I call an educational video! Thank you!
Ive been very into your videos lately! I can feel your real personality coming out and i love it! I can relate so much better! Please continue to show your personality in your videos.
I'm eating some dairy free ice cream that I bought and it's sparking joy. Soon it may spark nausea, but I am enjoying the joy.
Also, great video, as always!
Ahhhh, Ugg Boots. For most of my life growing up, I only saw uggs being worn with pyjamas or daggy trackpants, mostly by parents who were feeling unwell or lazy. Then in my teens, uggs suddenly became High Fashion and I was horrified. Seeing them being worn with mini skirts in PUBLIC was the fashion equivalent of orange juice and toothpaste: wrong on so many levels. I swore to never own a pair... untill about 10 years later when I cracked and bought some. Now I love them - I wear them throughout winter with pyjamas and trackpants, and only ever in the house (unless I'm exceptionally hungover and getting a coffee from across the road).
I think Uggs stand for ugly I swear to never buy it lol
(Ugg boots + mini skirts) = (orange juice + toothpaste) 😂😂😂😂😂😂😂😂!
It's so true!!! 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤢🤮
Please DO NOT mention
orange juice and toothpaste around me...
unless you got some...
The voice you used when you said “ money won’t buy happiness”
😂😂😂 I love your humor! ❤️🙋🏼♀️
I had an internship while in uni, and I've got credits for it, so it was kind of worth it at the time. Although it was not that great, i wanted to think it looked good in my resume having "work" experience abroad.
Actually, a lot of things were great about studying abroad, except the studying part itself. I use to think the grass is greener on the other side, but truth is ... my own uni at home was waaay better than the uni abroad in so many levels.
Now, I volunteer in 2 different institutions (library and museum) with clear starting and ending points to help, but mainly to learn about an industry I know very little about but makes my heart sing and know more about myself too. I was able to get a job after because I gained experience volunteering. I guess volunteering is good to learn what I want without having to commit into studying or a company that I know little about. But what I take from your video is that is good to have a deadline on when to stop volunteering for free and claim a salary I know I'm worth of. So thank you.
Such a great video! Ugh the Ugg boots spoke to my soul- those were dark times. Having not watched TFD in a while, I'm loving the fact that Chelsea's showing more of her personality 😊
I'm working so hard on getting my financial life back together. Chelsea's video give me hope and makes me feel less terrible about needing to work on my financial life. Anxiety can suck on your financial life so hard!
The college part is only true for western europe and the us. In most countries its still a requirement or at least a valuable stepping stone.
In France, a college degree is kind of a requirement for quite a lot of jobs. College education is really cheap compared to the US though, the worst, cash grabbing business schools (which are, most of the time, a scam) are still cheaper than most US degrees. The best schools are public anyways, the very best even pay their students while they study there (they do have to work in public service/in the military for a few years or pay their salary back, though)
Yeah for sure, the whole “college culture” thing that Americans do is drastically different from university here in Australia. There is no “college dream” except to be hired before graduation haha. It’s basically just higher learning, and you don’t have to pay for it until you’re earning over a certain tax bracket with what you’ve learned. Definitely a better system all things told
I understand the “feeling like an imposter” in something. A couple years ago I got conned into buying a BMW but I always felt like an imposter in it, especially with a high interest rate, it was a huge money pit. I was able to get rid of it last month and got my dream car, a VW Beetle which is way cheaper and makes me way happier.
Really felt the Ugg-story! For me it was Nike Sneakers: My family had very little money growing up and I remember feeling very uncomfortable in them when I finally got them because I knew my dad had worked probably two entire weekends extra to be able to afford them. My other clothes didnt change, so I still felt like the poor girl - with a pair of expensive shoes.
I live it when she drops the 'professional voice'. The comments on people breaking up outside her first apartment was hilarious
Your channel, content, and contributors enrich my life. Thank you Chelsea.
I remember being so excited about getting a lofty apartment downtown and feeling so cool to be a part of that neighborhood. As I look back, I realize I was going out and spending way too much money every night and really have nothing to show for it now. In a way, I don’t have regrets though because of the memories, but your first thing on this list was right on point for me.
Ummm... if I were your mom you would NOT have been keeping those boots.
But also, Karma took care of her! Love you, Chels!
Elysa Elmore ikr her mom probably could’ve returned those😬
I'm glad I'm not the only one thinking that. Not in my wildest dreams would I take money from anyone.
Hmm.. spared myself from all music festivals. I was WAY too cheap.
I did Night school to get ahead in my job. I worked all day, was too tired to party... BUT... was able to buy a piece of land and eventually go mortgage free. So... It was well worth the trade off... but.. that's just me.
It's possible that by the time Chelsea confessed to stealing the credit card, it was already past the point where they could be returned. Or she'd already started wearing them around and ruined them. But If I was her mom, I'd still take them, even if I couldn't return them :'D
@@kiya12309 Buttt she still learned a valuable lesson which was those boots didn't bring her happiness and now she gets to share that with us.
It's a great list to keep in mind. I too have done stupid financial stuff to impress/get friends.
Namely drugs.
I love my ugg boots! They are so comfortable and warm.
Alice Hard I love mine too, especially in the winter. I bought mine several years ago because my feet are always freezing in the winters, even indoors. I only wear mine at home and they still look like new, even after all these years. They’ve been a great investment!
They’re great for places with crisp falls and/or cold, dry winters! Not great if you live in a place with a ton or rain or snow in the winter. I love mine, but there are great alternatives for more reasonable prices ngl
@@homeloveeverything2932 They are originally from australia and here people only wear them inside unless they are homeless or maybe hung over.
love your honesty. It took me 35 years to finally validate what I like and stop pleasing people, peer pressure, and insecurities. thanks for sharing your experiences
Loved loved lovedddd that "Money doesn't buy happiness" catty voice.....made me go splits. Love u girl❤
Definitely true about the designer items. I stopped caring that much about what I wear when I realize that I don't look at another person differently just because he/she wears expensive clothing. They are still what/who they are inside. And this is more true the older people get. Not that I just buy the cheapest cloth, but definitely not designer labels.
I should’ve went to a state school. Now I’m paying for it.
How much do you have to pay?
I know that it is usually a big number to study in America, and I have finished collage in my own country, I' m considering to get a master degree in business analyst, in order to increase the possibility to get a job in USA (I was born in America but came back to my country...
Marty D gone* looks like school didn’t help you
Didn’t major in English, did you?
Just discovered this! So much great advice! What a great channel!! Can’t wait to see more!
I’m a big Jane Austen/Bronte reader and that 1864 pen pal joke has me rolling on the floor laughing. I love Chelsea’s brand of sass.
You are a very practical, articulate young woman. Get that message out there! PREACH!!!
My unpaid internship landed me a great full time job at the company after graduation.
What field was this?
Some fields that's just how it works. She acknowledged that I feel. And if you get a real in and can get a solid paid job directly after the internship that's amazing. But so many greedy companies don't have any open positions and just constantly abuse interns.
But someone else was probably also hired for the same position without one 😬
Medical interns generally get hired on....
Speaking of the Ugg-boots: 6 years ago I spent $200 on a Michael Kors purse that I never ended up wearing, and honestly hated it soon after. Whenever I'm low on cash my mind goes back to that purchase, regardless of the fact that I've made worse financial decisions than that.
My wedding dress was 100 $ ♥️ #relatable
That Ugg boots regret story was soooo relatable. I also went to a preppy school where the majority of my classmates came from a much better financial situation than we did. I usually didn't get to enjoy any of the trends, but the few times I got what I wanted, I didn't feel great...just felt like the unattractive poor girl with the one cool thing. It was never worth it in hindsight, because I still felt like myself, but with imposter syndrome
it's always a delight to wake up to a Chelsea video on Wednesday morning.
Loved your description of music festivals. I have never attended one because fortunately, I had my epiphany before lying in a mud patch. But I love that someone else shares my disdain for the social pressure of categorising music festivals as a "Rite of Passage" for youth. Great video. Love the self-reflection.
I can relate sooooooo much with the feeling of thinking to myself "What am I doing here?" and the discomfort of being where you don't feel like being 😅
Her way of talking is so real, we really feel that she went through these shit and wanted to talk about it for long. Love you, Chelsea!
Interesting content and lot of it is so true. I only have to disagree with the ugg booths. 😂 I have to say, I bought mine from one of my very first real paychecks about 7 years ago and still use them and love them. As you can read, I use them, I wouldn’t necessarily say I wear them, they are more of a tool for me when running errands, walking or biking the kids to daycare etc. But I totally agree with the idea that you do not need particular designer stuff go be happy. But sometimes a certain item that just happens to be a designer thing make you happy.
This video is super funny on top of being very honest. Y’alls videos have just gotten better and better over time
University when I applied was all about learning. I wanted, no needed, to learn more about everything and picking one subject was difficult. At university I found it was only about doing what was necessary to pass the exams. In fact you could not both learn your material and pass the exam. To pass you need to concentrate on a narrow and boring limited range of the syllabus. Not all courses where like that. I thought I could conform but in the end it was the material that mattered to me not the certificate. I got a degree, but not without probllem requiring me to repeat my third year. It did get me the jobs including teaching mathematics and then moving into programming. After more than two decades of programming I returned to teaching for a short while and found less of a profession and even more emphasis on exam results and not anything at all about learning subject material. Watered down syllabus, dumbed down exams to the point that a highly successful student became good at passing exams and had no archivement or ability otherwise.
I was fortunate to have gone through college (16-19 A Level) and university (19-23 dregree) with grants and fees paid by the state. I paid it all back in higher taxes getting in those days a higher income. My daughter is not so lucky although we realise under the British system the 6% interest charges on 70k GBP only starts to be paid back when you earn enough to do so and then is cancelled after 30 years. Some may never earn enough to pay back the loan but the debt remains there until your 50s and the high salaries are for the few with degrees not the majority.
If you can study to get a degree and are interested in the material go for it. We need better educated, more flexibly in the work force and it is always better if the stranger you strike up a conversation with has a few gray cells knocking together and some interesting arguements irrespective of what job they do to put food on their table.
This is so honest and conveyed with such humility, I love it. You’re totally my Bestie in my Head.
hannah*hazel same here. She’s like my internet Big Sis 😂
You are the best!!! I enjoyed this so much!!
Tbh I think the main thing that makes people happy is hard work and accomplisments, being proud of yourself and so on. It can be frustrating but it builds up your self-esteem and makes you happy. External things such as materialistic items or even certain kinds of experiences won't make you happy if you aren't happy with/proud of yourself. The problem is that the lower your self-esteem is, the more you will seek external things because they're easily available (with money) and you believe/hope they will make you happy instantly and "forever". They won't. The feeling usually vanishes very quickly once you get used to it, that's how the human brain works.
Best one yet! Hahaha I love Chelsea's sense of humor. Would you mind doing a video about weddings. I'm planning one for next year and would love some pointers. I also don't want to spend more than $500 on a dress because I think it's stupid to buy something so expensive for one day.....I've seen dresses at 2,000 jesus...
Music festivals to me are worth it because I’m all about the experience rather than spending on material things. When I became minimalist I started to collect those memories instead of things.
That was exactly my thought on the matter. I save on so many other things in order to have those experiences with my friends. Creating those memories is what propelled me into financial awareness and minimalism as well. It's all about finding where you WANT you money to go, rather than actively following the spending habits of over. Happy festival season!
I had a 3 week internship in my program. I was working for a non-profit so I went above and beyond for them! No regrets!!
I really love how authentic these are becoming.😂 great advice. Do not visit that dude if you're broke!😂
I used to live in an expensive area in when I lived in Dublin which was next to Facebook and Google, the rents were so high €2600 per month for a two bed apartment, excluding bills. The area was really hip and trendy, but so unaffordable. Now I only pay £650 per month for the same size flat in the UK
I agree with almost everything you said
Except music festivals
I loveeeee music festivals lmao
I love the chaos, music, food, everything
Re #7 - to high schoolers think hard about what you want out of college before figuring out where to go. I had a fabulous experience. It was all the things for me Chelsea that you were hoping for. I love going back for reunions whenever time and money allow. Think real hard young ones.
I tell my 13 year old daughter that college is an investment and to make sure that the money you spend is going to benefit your future. So... no need to go to an Ivy League school to make $40k/year.
Totally! I've heard someone say that you should feel free to take out a maximum of total college loans as you think you'll make per year. So if you're going to be a teacher and make 40k a year, you should NOT take out 100,000 in student loans to achieve that goal. It may make more sense to take out a larger amount of money to be a doctor, or lawyer, or engineer, or other high paying careers. Either way, I think we value the prestige of the school far more than it's really worth. In the end, it says the same degree on your transcript.
I love what you said about unpaid internships. So true, it is abusive and horrible.
Great video and some very funny stories. Later in life I decided to go to my first music festival. I think I actually had the same exact experience as you. I became miserable and then couldn’t leave due to impossibility of getting affordable Uber off venue. I had to walk over an hour home. 😡 never ever ever again. Final decision. And please do tell on the quiet bar... that sounds like heaven.
I chose the path of severely underpaid and overworked job until I was 27, had a major burn out, found a very good paying job and learned to value myself and my work. Wish it hadn't taken so long.
Hahaha that 'Money doesn't buy happiness voice' 🤣 so relatable. Thanks for being real👌🏻
My UGG boots were a great investment. I bought them to keep my feet and calves warm indoors during the winter. I’ve had them for several years, and they still look like new, only because I wear them in the house, and never outside. Plus, I can wear them for hours without my feet sweating. I still love my UGG investment!
Chelsea's videos (& especially her commentary) are my favorite 😍
Chelsea!!! You are so hilarious, and this list was so much in my kool-aid!!! How does the blue raspberry taste? Lol. My Ugg boots were the Coach purse I begged my mom for and the men's belt I got on sale. 😬 Don't get me started on the tons of unpaid internships 😔 and college debt. 😧 I was so ignorant! 😭 I laugh to keep myself from crying. 😂
I love how real and honest Chelsea is, always get a good laugh
I agree with college! Never used my double degree. I should've gone to trade school.