Dealing with the B.S. of having a job and keeping it is actually an expensive thing to do. It costs money and time to commute, to maintain your cell phone, clothing, dry cleaning, all that B.S., never mind how soul-destroying it is having to deal with other people lol
Especially at a modern white collar job, where people will do anything to get their next poromotion, backstabbing , stealing credit and so , its so toxic
The biggest problem is how few people listen to good advice like this. It takes a certain amount of intelligence just to take an honest look at yourself.
1966bluemax I’ll take that over noise ass ppl telling me what color my house is , if I can have a flag or security camera on my house, having them ck my backyard tell me I have to leave my garage door open or tell me I can’t sale my house to minorities, can’t plant a garden , can’t put gate around ur swimming pool so kids don’t die,fine u for color curtains , can’t park in ur driveway, An can sale ur damn house ( all these u can find on RUclips )
I'm retired and live across the bay from you. I keep trying to convince the wife to rent our home and go live on the road. She's not buying it! The rent you can get here will fund living in Chiang Mai or elsewhere. 🤔
@@BeatTheBush If you like living around the world you can look at places that are not in the expensive cities and rent (less property management and other expenses) can fund your travel. I'm sure that in Chiang Mai and other cities like Kuala Lumpur, Bangkok, Kuching, HK new territories, etc. you can get a one bedroom place for around $500 - $700 per month. Check Airbnb for locations you are interested in. It could also be a new direction for your channel...how to live cheaply overseas...cover rent, medical, employment, etc...
You're sitting on a goldmine. 2 rooms in the Bay area are worth $25k -$40k per year without doing work. Some day you'll get tired of making youtube videos.
I commend you on your simplification of life and living. My wife and myself have simplified over the past few years as well. No credit cards...no car payment...no consumer loans etc. We owe on our home (includes a shop on property for our business)....but we are down to three day work week. We spend the remainder of our time in ministry work and other things we chose to spend our time on. With that being said....you arent accounting for inflation, the need for car replacement at some point, or even home maintenance (which can be costly depending on the repair needed....ie: new roof). Just some things to consider, but I like the direction you are going. Society has said that we need all this “stuff”...but then everyone waste their life away working for the crap they don’t really want or need to begin with.
Great video! I really enjoyed the part toward the end where you talked about working toward your goals so you have the freedom to create random videos that you really enjoy.
Don't forget the part after that where if you do what you enjoy, the money will come anyway. I really believe this and I hope it will come true for myself.
10:03 you could save even more money on groceries by growing your own fruit and vegetables, like strawberries and potatoes 2 of many examples, all you really need is one potato that has a lot of shoots or "eyes" growing out of it and a container of dirt or potting mix and you can grow a whole bunch of potatoes with no effort whatsoever. Tomatoes are easy to grow as well, all you need is one tomato to start with cut it open and scoop out the seeds and then dry them out and then you can plant them and grow tomatoes. There's a whole lot of videos on youtube about growing your own fruit and vegetables by harvesting the seeds from store bought fruit and vegetables and planting these seeds to grow your own. Examples How To Get Free Strawberry Plants From Store Bought Strawberries ruclips.net/video/4qfjKCKwF-A/видео.html Grow Your Own Potatoes ruclips.net/video/HM5-yLqoEM8/видео.html
@Erik Schmunzeler If you are a retiree then you will have all the time in the world to experiment and even if you aren't retired you can do this on the weekends, by resources do you mean for example space to grow different things, pots, dirt, potting mix, fertilizer etc. because it will depend on what you want to grow, growing things like root vegetables is I think rather easy, but you really need a backyard to be able to grow other things like bananas, papaya or mangoes for example. "Isn't it just cheaper to buy them ?" If you grow your own you will end up saving money in the long run, you could also then if you want to, sell your home grown fruits and vegetables to friends and family so you could end up making money. Also if you grow your own you then don't have to go to the supermarket or fruit and vegetable store to buy these things, which will free up your time to do other things you will also save money on gas because you wouldn't have to drive anywhere to buy fruit and vegetables anymore. Do a youtube search on growing your own herbs, fruit and vegetables to see how easy it is.
Why is your health insurance $310 per month? Is that because it is really expensive in California, or do you have a pre-existing condition? I ask because I see ads all the time online for $100 and $150/ month insurance plans.
@@BeatTheBush oh, you know, i might have been looking at short term or temporary health insurance. some plans are good for 364 days, the you can possibly renew it for up to 36 months. i think that's where i saw the prices around $129 per month. looks like it is same as regular insurance, just temporary. kind of confusing. can you do a video comparing short term to regular insurance?
@@BeatTheBush You're contentment is something to strive for. Someone told me once "you either love money and use people or love people and use money" I just wonder if you're the latter
You are awesome! I've been watching your videos since you started. I really love how conservative you are. Thanks for sharing! Also, my budget is very close to yours as well. It is very possible!
It really takes a huge load off your shoulders if your burn rate is low. Best of all, it makes sure you need to pay attention to something in order to spend it rather than automatically.
It's really about circumstances...You own your house and car. Mine is knowing people...and I'm living in the North Bay (wine country) Rent: 650 includes utils Trash is 25 for about 10 weeks worth so 125 a year just over 10 a month No TV or internet. Just use works and the library. 2015 prius c 330/mo insurace less than 100/mo full coverage 300 gas and food. Gas would be lower but working 2nd job because I'm NUTZZZ Health and dental covered by work... Under 1400 month/17K a year and was even better when girlfriend paid some rent. LOL I'd be doing great if I didn't gamble so much on options in the stock market. LOL Cool channel/vlog I'll need to check out some more. =)
I think high school kids may not have the experience to really know having that new gadgets is not that important. It's hard to do it without at least experiencing it for yourself at least once.
@@BeatTheBush I meant they will have their life turn much better. My phone is in Spanish so sometimes can not write what I mean. My kids for sure will watch your videos. Your videos are some 9f the best in RUclips. As far as i am concern you should have at least 1 million subscribers. But the best and more deserving channels often don't have many subscribers.
The big key is to be 100% debt free. Consumer debt/school loans, etc. is the real killer. Believe me, if you’re debt free, that would free up the majority of your funds to pay the monthly mortgage or pay the rent. Beat the Bush is mortgage free, so that’s a double whammy of being able to live on very little per year - especially in the Bay Area.
A big chunk of living in California is housing. If your situation doesn't have rent OR mortgage payments, and just property tax that is lower than most shared college housings, then what the hell is the point of this video?
Dude, make whatever videos you are happy making! Also, I'm incredibly impressed with that burn rate. Especially the groceries. I tend not to check what I actually spend on just food. Shopping at Walmart where I get more than food makes it tedious to look through my receipts, but maybe I'll try. I do know I spend about $250 per month there, but it's on groceries and little things like cough medicine, notebooks, etc. I think I'm going to try it though. Thanks for the inspiration!
I guess I never use notebooks now. I just type. Last time I got sick I was able to fend off a cold with just my immune system more easily than before. Not sure why but maybe it's the way I eat colorful fruits/veggies everyday.
What about car/e-scooter maintenance? Do you do your own oil changes and brake repairs? Do you keep an emergency fund for new tires and windshield wiper blades?
You house is probably worth a lot right now, maybe more than a million dollars, I would sell the house, move to another state (Maybe texas) buy a 150-250K house in some states you can buy a nice large house, invest the rest and retire, just doing youtube for a hobby!! LOL
He should sell and either rent or move somewhere cheaper .... but guessing his friends live nearby and he said in previous videos he enjoys the location.
U could live in Southeast Asia and rent ur house and eliminate most of those expenses while making income from your rent. Find a girl get married and just chill.
Great vid! I been watching your videos for probably almost a year now. Your videos were like the voice of reasoning in the back of my mind when it comes to spending. So in turn I just spent less on things like clothing, alternative means for entertainment, more home cooking, and just in a better mind set of where my hard earned money should go. I can only wish to be in your position right now where I can be semi retired, no mortgage. With a wife, honeymoon coming up and us wanting a baby shortly after makes it a bit tougher. Just wanted to say keep it up and you do inspire people like me (from Edmonton in Canada) even though not being American. 1 quick question, how do you not have a cell phone bill? Do you not need to make calls/text or use data when your out and about?
@@BeatTheBush I prefer calisthenics. Pull ups, push ups, dips and squats are free and doable at home! Plus you can just get a workout in for free at those calisthenics parks
Maybe you mentioned this, but are Item's like Insurance paid in full/12 for presentation; or paid by MO? What do you think of saving up for 2-3 years worth of expenses, putting in a money market, transferring an amount to checking once a month (for next month's budget)? That's where I'm trying to go.
EXCUSES for many will always be the winner. Do not generalize your own experiences. Just because you are struggling with money and you find excuses (like kids+wife) doesn't mean all those who have a wife+kid/s are struggling like you! There are those who have a wife+kids and are able to manage their finances.! LOL, get rid of your EXCUSES and don't drag everyone else to it. This man is showing you that it is possible. Considering his circumstances, no wife+ no kids? Hey, have you not heard of so many who are single and broke?
Hello, Can I kindly ask how old you are? I tried searching but couldn’t find it anywhere. Reason for asking is it helps with understanding how long it takes to get to a similar position.
You can get 12%+ annual dividend yield from low-volatility common stocks like REITs or even preferred stocks that pay monthly dividends, and insure them against stock depreciation if it goes down in value, protecting your principal entirely while still being able to collect the dividends; even if the dividends get cut you will be able to sell without losing your principal if you do it correctly. 2.5% in a bank account isn't worth it, IMHO.
Whoa.. that's some pretty low amount. It seems you didn't need to add much since much of the utilities are split. But then you have health care that doubles.
Thank you, again, this vid is motivational, please keep it up, and the lifestyles videos re really key, they show that you can be frugal, and still enjoy friends, family, life!
FYI getting B12 while vegan is easy - the vanilla soy milk I drink with breakfast has 50% per 8 oz, and I also get more in nutritional yeast (good on pasta, burritos, etc.)
How you get your property tax so low, your home close to 1 million or so, just paying less then, $5000 a year. I live in alameda, ca, playing $12000 a year under million house
I love my scooter. Insurance was about $75 for the year, gas is $3 to fill up from empty and I can drive 60 miles easily on a tank. I haven't done any maintenance (including oil changes) on it since I bought it 2 years ago. All the repairs it needs now is $300 max with so much neglect. For the first year I drove it about 3 hours every day.
So what happens when the furnace goes out or the air conditioner dies? Repairs are great but years down the road the parts are no longer available. Also house maintenance; what happens when the refrigerator compressor stops running? There’s a lot of capital expenditure stuff that’s not accounted for, maybe a monthly allowance for capex makes sense if you’re figuring out a real budget.
Question on the HOA/Property Tax situation. You said HOA/Property tax is only $403/mo. What about school tax? What about homeowners insurance? I live in Pennsylvania which has significantly lower taxes and insurances than California. I pay $590/mo for property tax, school tax, and homeowners insurance.
@@iheartlreoy8134 in that area with an average mortgage well over 4k a month plus 4 dollar gas plus toll bridges at 7 dollars a pop it's not about overspending. He obviously bought during the recession and is single that's why this budget works
Know that this is just bare minimum. On a typical day, I do only spend this much. Once in a while, I might do something extra for fun because I do not need to be on bare bones mode right now. I might even go eat some Pho. Buy a go kart. Go on an international vacation.
I like to do a monthly budget, as well as an annual one. I use a slush fund that is paid monthly. It is kind of like the idea of sinking funds, but it all just goes into one pile. It seems weird to have so many different funds in place. So holidays, clothing and bi-annual payments get paid out of that fund. I have two children that are young and growing out of clothes quickly. Even then, clothing is a bi-annual or even a seasonal expense that I find hard putting on my monthly budget line. As always, love the video and your explanations. You are really setting yourself up well and more people should take heed.
Is it totally impossible to make your home a duplex? So you can rent out one unit to get some extra income (with at least $2,500 rent here in the Bay Area). Or just sell your house and trade it for a duplex? Not sure if you can apply your property tax trick again though.
If you have only liability car insurance, then you would have no deductible. Are you still carrying collision and comprehensive insurance on your now old car?
If you want cheaper health insurance and you’re Christian I’d recommend doing healthsharing. We pay $450 For a family of 3. Low deductible and covers more than regular insurance.
Also, if he requires ~$13,000.00 a year we also need to reflect on his education both in school and life itself that brought him to the stage he's at. The goal is to lower our burn rate, I agree, we also need to know how to do it too.
The video is honest but if your a single person dating good luck with that budget, sorry I can't text you idont have a phone and we can't go out ever, . This is the I'm staying alone forever budget. No kids no dating etc. Is this accurate yup but throw a relationship and a couple kids in the mix and well.
I have 4 phones with 3 active plans right now. I don't pay for any of it. I suppose I can show more girls in my videos if that will put these inquiries to rest.
Loved it! Been following your journey and was inspired to start my own... Paying debt, reducing expenses and increasing revenue... meanwhile I started to produce food in my garden and composting my organic trash... I leave you the suggestion to compost and plant your vegetables... An easy way to save money and have the freshest vegetables (I started in my balcony and now am in a community garden) Keep up the good work!!! ;) ;)
Yep, you could easily put one of your spare bedrooms on airbnb. We didn't downsize when our kids left and am glad. Airbnb is so much better and more money than having someone rent it for the whole month or longer. We've done that for 6 years with no problem.
@@BeatTheBush I think you'd be surprised at how easy it is but maybe in your area you'd get different clientele. I don't know. We live outside Yellowstone Park.
Dealing with the B.S. of having a job and keeping it is actually an expensive thing to do. It costs money and time to commute, to maintain your cell phone, clothing, dry cleaning, all that B.S., never mind how soul-destroying it is having to deal with other people lol
Especially at a modern white collar job, where people will do anything to get their next poromotion, backstabbing , stealing credit and so , its so toxic
If you got rent covered, your pretty much set... Rent kills everyone in Cali, particulary in the bay area
This applies to almost all areas, acom is #1 expense
@@AussieMoneyMan acom? I live in texas. Rent is manageable
I saved up a year's worth of rent so if I'm lazy with uber one week, I'm not hurting
And yet more people are still coming here
Housing and health insurance is the only thing that requires significant income to keep living
Francis we love BOTH the finance and the lifestyle videos
Thanks! Noted. =D
The biggest problem is how few people listen to good advice like this. It takes a certain amount of intelligence just to take an honest look at yourself.
I know. Some comments have just rejected this, said its fake, or just insult me instead. Ahh oh well.
I will never move into a place that has HOA fees EVER.
yep, it's more than property tax
Where I live you pay HOA or somehow every single neighbor is seemingly running a junk yard in their front lawn.
Even if that means you have only the ghetto as an alternative ?
Amen
1966bluemax I’ll take that over noise ass ppl telling me what color my house is , if I can have a flag or security camera on my house, having them ck my backyard tell me I have to leave my garage door open or tell me I can’t sale my house to minorities, can’t plant a garden , can’t put gate around ur swimming pool so kids don’t die,fine u for color curtains , can’t park in ur driveway, An can sale ur damn house ( all these u can find on RUclips )
I'm retired and live across the bay from you. I keep trying to convince the wife to rent our home and go live on the road. She's not buying it! The rent you can get here will fund living in Chiang Mai or elsewhere. 🤔
Hey! You have a point! I guess I can just pick up and leave and live in Chiang Mai. It's good to have options.
@@BeatTheBush If you like living around the world you can look at places that are not in the expensive cities and rent (less property management and other expenses) can fund your travel. I'm sure that in Chiang Mai and other cities like Kuala Lumpur, Bangkok, Kuching, HK new territories, etc. you can get a one bedroom place for around $500 - $700 per month. Check Airbnb for locations you are interested in. It could also be a new direction for your channel...how to live cheaply overseas...cover rent, medical, employment, etc...
Possibly. Renting out a place is a huge step and this might just happen in the future.
Time to get a divorce.
get rid of the wife.. shes holding you back
You're sitting on a goldmine. 2 rooms in the Bay area are worth $25k -$40k per year without doing work. Some day you'll get tired of making youtube videos.
Good fall back if I want to retire I guess.
I commend you on your simplification of life and living. My wife and myself have simplified over the past few years as well. No credit cards...no car payment...no consumer loans etc. We owe on our home (includes a shop on property for our business)....but we are down to three day work week. We spend the remainder of our time in ministry work and other things we chose to spend our time on.
With that being said....you arent accounting for inflation, the need for car replacement at some point, or even home maintenance (which can be costly depending on the repair needed....ie: new roof). Just some things to consider, but I like the direction you are going. Society has said that we need all this “stuff”...but then everyone waste their life away working for the crap they don’t really want or need to begin with.
The easiest way to account for inflation is to work on things you enjoy that makes money. That way you are always making today dollars.
BeatTheBush ....i agree. Just mentioned it because you mention $600k.
Great video! I really enjoyed the part toward the end where you talked about working toward your goals so you have the freedom to create random videos that you really enjoy.
Don't forget the part after that where if you do what you enjoy, the money will come anyway. I really believe this and I hope it will come true for myself.
Same here, I liked that same part as well! Enjoy what you do and the money will come.
you can also borrow dvds from the library for free, in addition to buying box sets
You can also get access to free streaming services like Kanopy in a lot of places with a library card.
Great breakdown of costs for frugal living! Thanks for sharing!
TY!
Living off 13k a year would be difficult to live off that in California. That's impressive.
If you only pay for what you use, removing rent, it becomes realistic.
Could you point me in the right direction of how to attain a $0 cell phone/internet bill?
ruclips.net/video/W7CKRKiZx4I/видео.html
I’m pretty close to your budget btb! About $13-15k. Keep up the great work!
Thanks!
So basically "TL;DR: my 3 bed, 3 bath in the bay area is paid off" ?
true :)
Pretty much
Wish you did more frugal cooking videos.
Will keep that in mind.
Not sure why people even pay for Cable, Satellite, or even Hulu, Netflix, etc. So many free resources, including RUclips.
Chris Hernando still need wifi though
Yes, doing what you love without worrying about money is the ultimate goal.
Will one actually make more by doing what you love. That is the test. Because I am not making more now, I hope I do.
I'm curious to know if this guy is single or if the cost of a date is too much of a hit on the budget.
pretty sure he's single
He is single and virgin as well.
He is just cheap
Heather Smith lkjhgfdsa ikr
If everyone pays their own food, it shouldnt be a problem
MAN YOUR VIDEOS ARE ABSOLUTELY AMAZING! I have been INSPIRED to develop my own channel and WOULD LOVE to have some support! Keep up the great work!
10:03 you could save even more money on groceries by growing your own fruit and vegetables, like strawberries and potatoes 2 of many examples, all you really need is one potato that has a lot of shoots or "eyes" growing out of it and a container of dirt or potting mix and you can grow a whole bunch of potatoes with no effort whatsoever. Tomatoes are easy to grow as well, all you need is one tomato to start with cut it open and scoop out the seeds and then dry them out and then you can plant them and grow tomatoes. There's a whole lot of videos on youtube about growing your own fruit and vegetables by harvesting the seeds from store bought fruit and vegetables and planting these seeds to grow your own.
Examples
How To Get Free Strawberry Plants From Store Bought Strawberries
ruclips.net/video/4qfjKCKwF-A/видео.html
Grow Your Own Potatoes
ruclips.net/video/HM5-yLqoEM8/видео.html
This is great, He can also setup another channel or series on his gardening :)
@Erik Schmunzeler
If you are a retiree then you will have all the time in the world to experiment and even if you aren't retired you can do this on the weekends, by resources do you mean for example space to grow different things, pots, dirt, potting mix, fertilizer etc. because it will depend on what you want to grow, growing things like root vegetables is I think rather easy, but you really need a backyard to be able to grow other things like bananas, papaya or mangoes for example.
"Isn't it just cheaper to buy them ?"
If you grow your own you will end up saving money in the long run, you could also then if you want to, sell your home grown fruits and vegetables to friends and family
so you could end up making money.
Also if you grow your own you then don't have to go to the supermarket or fruit and vegetable store to buy these things, which will free up your time to do other things
you will also save money on gas because you wouldn't have to drive anywhere to buy fruit and vegetables anymore.
Do a youtube search on growing your own herbs, fruit and vegetables to see how easy it is.
great job Francis!!!! having your house paid for is awesome. you are going to have a very nice retirement.. so happy for you!
Well, I'm not retired yet. So we'll see where it goes.
@@BeatTheBush How many years did it take to pay off your mortgage? How much did you put aside each month from your job?
@@Rockerlady He was a big tech engineer so probably not that long I'd bet he did it in 5 years just guessing though.
The title of your video should be “be single = save a lot of money!”
LOL
Yeah, women are very expensive for men. Even if you aren't buying them stuff, they insist on doing things that cost money.
@@FreedomTalkMedia So true! Unless you find yourself a good country woman. Im still looking though so good luck lol.
@ Nah would never happen to me. Im not getting married lol. Everything of mine will be in my name as is.
😂😂😂
Why is your health insurance $310 per month? Is that because it is really expensive in California, or do you have a pre-existing condition? I ask because I see ads all the time online for $100 and $150/ month insurance plans.
HMMM. Nope. This is pretty standard pricing.
@@BeatTheBush oh, you know, i might have been looking at short term or temporary health insurance. some plans are good for 364 days, the you can possibly renew it for up to 36 months. i think that's where i saw the prices around $129 per month. looks like it is same as regular insurance, just temporary. kind of confusing. can you do a video comparing short term to regular insurance?
Living with/like you must be just a step above camping.
If you live like I do, you will suffer. However, why is it that I am content with what I already have but it being so basic?
@@BeatTheBush You're contentment is something to strive for. Someone told me once "you either love money and use people or love people and use money" I just wonder if you're the latter
Kevin nice comping !!
what about homeowner's insurance policy?
Self insurance if home paid .. risky tho
probably built into his HOA
This is built into the property tax/hoa item.
BeatTheBush Are you sure? That’s way too cheap!
BeatTheBush what about earthquake insurance?
$400-$500/month for property tax and HOA is $4800-$6000/year. thats about the current rate here in TX.
Which county of TX are you ?
In Houston I'm seeing about $200/month.
@@chidude houston is about 2% of the property value
You are awesome! I've been watching your videos since you started. I really love how conservative you are. Thanks for sharing! Also, my budget is very close to yours as well. It is very possible!
It really takes a huge load off your shoulders if your burn rate is low. Best of all, it makes sure you need to pay attention to something in order to spend it rather than automatically.
It's really about circumstances...You own your house and car. Mine is knowing people...and I'm living in the North Bay (wine country)
Rent: 650 includes utils
Trash is 25 for about 10 weeks worth so 125 a year just over 10 a month
No TV or internet. Just use works and the library.
2015 prius c 330/mo insurace less than 100/mo full coverage
300 gas and food. Gas would be lower but working 2nd job because I'm NUTZZZ
Health and dental covered by work...
Under 1400 month/17K a year and was even better when girlfriend paid some rent. LOL
I'd be doing great if I didn't gamble so much on options in the stock market. LOL
Cool channel/vlog I'll need to check out some more. =)
I swear if high school kids watch your videos their life won't turned out much, much better.
I am going to show my kids your videos for sure.
I think high school kids may not have the experience to really know having that new gadgets is not that important. It's hard to do it without at least experiencing it for yourself at least once.
@@BeatTheBush
I meant they will have their life turn much better. My phone is in Spanish so sometimes can not write what I mean.
My kids for sure will watch your videos. Your videos are some 9f the best in RUclips. As far as i am concern you should have at least 1 million subscribers.
But the best and more deserving channels often don't have many subscribers.
Subscriber count is related to how well you can make viral videos and partly luck too. Thank you for your support!
I'm watching this in high school right now 😂
Another great video! Did you include your homeowner's insurance in the budget?
The big key is to be 100% debt free. Consumer debt/school loans, etc. is the real killer. Believe me, if you’re debt free, that would free up the majority of your funds to pay the monthly mortgage or pay the rent. Beat the Bush is mortgage free, so that’s a double whammy of being able to live on very little per year - especially in the Bay Area.
No debt of any kind. A lot of saved interest payments not paid to banks. Instead, that just goes back into my own savings. =D
A big chunk of living in California is housing. If your situation doesn't have rent OR mortgage payments, and just property tax that is lower than most shared college housings, then what the hell is the point of this video?
Dude, make whatever videos you are happy making! Also, I'm incredibly impressed with that burn rate. Especially the groceries. I tend not to check what I actually spend on just food. Shopping at Walmart where I get more than food makes it tedious to look through my receipts, but maybe I'll try. I do know I spend about $250 per month there, but it's on groceries and little things like cough medicine, notebooks, etc. I think I'm going to try it though. Thanks for the inspiration!
I guess I never use notebooks now. I just type. Last time I got sick I was able to fend off a cold with just my immune system more easily than before. Not sure why but maybe it's the way I eat colorful fruits/veggies everyday.
The trick here is to be smart enough to be an engineer like him. The rest is cake.
Cell phone "0?" ....how does this happen?
Wow good vid on living on such low cost. Best part is your a Trekkie! Now I know why you have such good wit and logic with your finances.
Been watching your vids for a couple years now. Keep it up!
Thank you! Will do
extreme frugality...
What about car/e-scooter maintenance? Do you do your own oil changes and brake repairs? Do you keep an emergency fund for new tires and windshield wiper blades?
You house is probably worth a lot right now, maybe more than a million dollars, I would sell the house, move to another state (Maybe texas) buy a 150-250K house in some states you can buy a nice large house, invest the rest and retire, just doing youtube for a hobby!! LOL
Deoc - Never well Real Estate unless you have to.. He can easily rent it out for cash flow and purchase somewhere cheaper.
Texan here, please keep all the crazy Californians in California. Thanks
annie14892 - Like you have a choice? Lol
He should sell and either rent or move somewhere cheaper .... but guessing his friends live nearby and he said in previous videos he enjoys the location.
At least, I already feel like I'm doing RUclips for a hobby. I stick around here because I have friends and family here.
Great video man. I'm at below 20k a year (with paid off mortgage, no debt) right now. Keep up the good work.
Thank you!
Every month this guy goes out and shoots his shotgun a few times in order to keep taxes down (f*cking legend) ;o
ROFL. By shotgun you mean makes a video? I don't know what you meant but it made me laugh out loud.
@@BeatTheBush Lmao gunshots to bring the property value down, like detroit :D
Oh! HA HAH AHAH I see. XD
LMFAO!!! Funniest comment ever.
I just moved to California last month. I got a job here as a teacher and I will definitely keep these tips in mind.
Teachers have it hard I think. Good luck!
U could live in Southeast Asia and rent ur house and eliminate most of those expenses while making income from your rent. Find a girl get married and just chill.
HAHAHAHAHAHHAHAA....the last sentence will leave him broke no matter what country he lives....Modern WOMAN FUCK FEMINISM....
Been watching your channel since you started you channel. Its grown so much!
Great vid! I been watching your videos for probably almost a year now. Your videos were like the voice of reasoning in the back of my mind when it comes to spending. So in turn I just spent less on things like clothing, alternative means for entertainment, more home cooking, and just in a better mind set of where my hard earned money should go. I can only wish to be in your position right now where I can be semi retired, no mortgage. With a wife, honeymoon coming up and us wanting a baby shortly after makes it a bit tougher. Just wanted to say keep it up and you do inspire people like me (from Edmonton in Canada) even though not being American.
1 quick question, how do you not have a cell phone bill? Do you not need to make calls/text or use data when your out and about?
Yes, I have a cellphone and service but not a cellphone bill. LOL! I have a video coming up on that. Next next one I think.
Totally makes sense with the mortgage paid off. It's one of the top reasons I want to get our of debt and pay off our mortgage!
Such a huge task and I wonder why this is a fact of life. To spend 30 years paying for your home might seem ridiculous.
Gym membership could be a good health investment as you have plenty time to workout.
At least a home cardio equipment if not wanting to jog outdoor.
I just got my bike. Will bike to more places?
@@BeatTheBush I prefer calisthenics. Pull ups, push ups, dips and squats are free and doable at home! Plus you can just get a workout in for free at those calisthenics parks
Maybe you mentioned this, but are Item's like Insurance paid in full/12 for presentation; or paid by MO?
What do you think of saving up for 2-3 years worth of expenses, putting in a money market, transferring an amount to checking once a month (for next month's budget)? That's where I'm trying to go.
WOW! that's all I can say. I have to get down to your level
Next thing you know maybe I can decrease it some more. to be continued...
EXCUSES for many will always be the winner. Do not generalize your own experiences. Just because you are struggling with money and you find excuses (like kids+wife) doesn't mean all those who have a wife+kid/s are struggling like you! There are those who have a wife+kids and are able to manage their finances.! LOL, get rid of your EXCUSES and don't drag everyone else to it. This man is showing you that it is possible. Considering his circumstances, no wife+ no kids? Hey, have you not heard of so many who are single and broke?
Sorry new subscriber but are you interested in getting married/having a family? If so, how do you plan to adjust your budget for family expenses?
Interested? Hmmm yes I think so. How would I adjust it? I think my earnings will support it.
@@BeatTheBush I am from Fremont, live in SF, Chinese, and think you have a shot with Cherry, but I think she lives in LA
@@hopeinsf who tf cherry
His sugar mama is Marie Kondo. jk jk
@ the fuck is anyone even talking about
thanks for showing this to us. it was enjoyable and a great learning experience! like to see more of your personal videos as well.
Congrats, well done 👏
Thank you!
Meat is an expensive food and I am not convinced we need that much of it. Cannellini beans have as much protein.
How did you afford a house in California? I would love to move there but the price of homes are overinflated.
Hello, Can I kindly ask how old you are? I tried searching but couldn’t find it anywhere. Reason for asking is it helps with understanding how long it takes to get to a similar position.
It's hard to guess since people think Asians can look the same at a wide age range.
You are sooooooooo helpful to me. My future looks management. Thanks very much
*Manageable
@@danpt2000 . Yes , Thanks . @ work in a hurry ...
At work? But you watched my 21 minute video? Okay I wont say anything.
@@BeatTheBush .Yes during my lunch break
What if you spilled some food on the floor? I’m just curious how you clean it up. That’s the only thing I use paper towels for
Use an old dish sponge you no longer use for dishes. Soak up and squeeze into sink, strain out liquids and discard solids.
BeatTheBush thanks for replying! on such an old video too. I will try that
You can get 12%+ annual dividend yield from low-volatility common stocks like REITs or even preferred stocks that pay monthly dividends, and insure them against stock depreciation if it goes down in value, protecting your principal entirely while still being able to collect the dividends; even if the dividends get cut you will be able to sell without losing your principal if you do it correctly. 2.5% in a bank account isn't worth it, IMHO.
Yeah... you can indeed get more returns but a bit more risk. Some with just a little bit more risk.
How would I insure against stock depreciation?
I think he's talking about buy put options, but getting a 12% return is far beyond what is possible at a low level of risk.@@djmuscovy7525
Our bills in Texas $13,816 per year (no mortgage, 2 adults). Includes high speed internet, streaming services, 2 cars.
Whoa.. that's some pretty low amount. It seems you didn't need to add much since much of the utilities are split. But then you have health care that doubles.
Tell us about the HOA/Property Tax hack 🤪
Maybe later.
Is $400/mo a little? Are there areas with $0/mo HOA?
$4,836 per year in HOA and property tax? There's no hack there!
his property tax is more than my rent /month I pay for my apartment
Homestead exemption
Thank you, again, this vid is motivational, please keep it up, and the lifestyles videos re really key, they show that you can be frugal, and still enjoy friends, family, life!
Sometimes I spend money not within this $13k budget. But then, it's not a budget at all as I can comfortably use more and still save.
People that make comments 2 - 18 minutes in a RUclips video that last 21 minutes long sicken me.
Invalid opinion all over the place.
I always watch at 2x speed
Some like to comment as they watch and make a few comments along the way.
FYI getting B12 while vegan is easy - the vanilla soy milk I drink with breakfast has 50% per 8 oz, and I also get more in nutritional yeast (good on pasta, burritos, etc.)
I see. The store bought soy milk has a lot of other stuff in it though. Carragen?
I spend less than 20k a year with car insurance, gym, Netflix, rent etc. Texas is very affordable
I really wonder what life is like living there. I might just have to move from this place someday.
How you get your property tax so low, your home close to 1 million or so, just paying less then, $5000 a year. I live in alameda, ca, playing $12000 a year under million house
How? TBD.
I stopped watching when he said he has no rent and no mortgage.
I love my scooter. Insurance was about $75 for the year, gas is $3 to fill up from empty and I can drive 60 miles easily on a tank. I haven't done any maintenance (including oil changes) on it since I bought it 2 years ago. All the repairs it needs now is $300 max with so much neglect. For the first year I drove it about 3 hours every day.
Yup. The per mile cost is extremely low. It is a bit more dangerous than a car without a metal shield around you though.
actually i think youre video title should be "how much it costs to avoid a girlfriend" lol
? Having a partner = second income. Second income = more money. More money = $$$$
So what happens when the furnace goes out or the air conditioner dies? Repairs are great but years down the road the parts are no longer available. Also house maintenance; what happens when the refrigerator compressor stops running? There’s a lot of capital expenditure stuff that’s not accounted for, maybe a monthly allowance for capex makes sense if you’re figuring out a real budget.
I'll just pay for those with cash.
This is easy when you're single. Not when you have wife, kids, dependents, etc.
Lame, too often used excuse. If you and your Wife don't agree on spending its a marriage not a math problem. Generally speaking.
Most females/wives will refuse to live frugally...
@Lane Breakergreat point!
Marry a cheap/ frugal like yourself ..
Correction. Easy when you are single. Not when you have a *spendy* wife, kids, dependents.
Question on the HOA/Property Tax situation. You said HOA/Property tax is only $403/mo. What about school tax? What about homeowners insurance? I live in Pennsylvania which has significantly lower taxes and insurances than California. I pay $590/mo for property tax, school tax, and homeowners insurance.
School tax is probably integrated into property tax, I'll have to check. HOA has insurance built in.
Lol.......How to live on the cheap..........after all major bills no longer have to be budgeted for, well done.
What car insurance company do you use? What are your coverages? I spend like $38.50 a month with USAA with like $300,000 coverages and stuff
Geico. More info here: ruclips.net/video/rm9Cl2az4Rg/видео.html
Crazy to think that following these same spending habits someone on minimum wage can live comfortably in the bay area! (after house is paid off)
Thing is most people don't know how to spend money and they waste it on useless BS.
Yeah that 600k+ mortgage is kinda a problem for everyone though
billy bob doesn’t help that nobody knows how to live without overspending
@@iheartlreoy8134 in that area with an average mortgage well over 4k a month plus 4 dollar gas plus toll bridges at 7 dollars a pop it's not about overspending. He obviously bought during the recession and is single that's why this budget works
Know that this is just bare minimum. On a typical day, I do only spend this much. Once in a while, I might do something extra for fun because I do not need to be on bare bones mode right now. I might even go eat some Pho. Buy a go kart. Go on an international vacation.
I like to do a monthly budget, as well as an annual one. I use a slush fund that is paid monthly. It is kind of like the idea of sinking funds, but it all just goes into one pile. It seems weird to have so many different funds in place. So holidays, clothing and bi-annual payments get paid out of that fund. I have two children that are young and growing out of clothes quickly. Even then, clothing is a bi-annual or even a seasonal expense that I find hard putting on my monthly budget line. As always, love the video and your explanations. You are really setting yourself up well and more people should take heed.
For what are you saving dude? For your second life????
To buy more time. Yes, it's like having 2 or 3 lives if you don't work for someone.
BeatTheBush , absolutely! Nothing like being your own boss!💯
How do you live on $150 at sprouts because your pricing is pretty high on non-produce items? I’m spending about $40 every 6 days on groceries
I only made 10k last year. Hopefully that goes up this year with RUclips.
What do you do for a living?
Good luck!!!
AussieMoneyMan thanks
Josh substitute teacher for now
Lots of people going for that RUclips money these days. =D
Is it totally impossible to make your home a duplex? So you can rent out one unit to get some extra income (with at least $2,500 rent here in the Bay Area). Or just sell your house and trade it for a duplex? Not sure if you can apply your property tax trick again though.
Just make it a duplex? I guess via adding doors and dividers...
Are you MGTOW Francis?
You are paying 25 base price for water and you are paying 32.50. How much is the sewage.
$150 a month on food is way too low
Brandon Gatlin not really . I can get 16 pounds of ribeye for 120 and make it last 1 month
He's basically vegan and doesn't buy packaged food or meat. Potatoes, Beans, Oatmeal, Rice you can buy in bulk for $2-$10 each.
@@dothedeed To each their own, but that is no way to live.
Satellite dish is able to receive FreeToAir channels...
Internet can be shared with neighbor if you pull cable in between apartments :)
What kind of scooter u have? Btw glade to hear u stuck with eating healthy! Your health is your greatest investment! Your greatest wealth! 😀
A cheapie gas powered one.
True that! If you have your health you have everything!
If you have only liability car insurance, then you would have no deductible. Are you still carrying collision and comprehensive insurance on your now old car?
Yes, that is required by law.
13k a year? dang, that's how much I spend a month on fast food
😂😂 same
Learn to preserve your cash.
Yeah... I rarely eat fast food. The last time being for that one vlog I did. LOL eating out only for RUclips.
If you want cheaper health insurance and you’re Christian I’d recommend doing healthsharing. We pay $450 For a family of 3. Low deductible and covers more than regular insurance.
Oh yes, I have heard of that.
Mostly plant-based, good for you (and the planet).
Mostly is the key. =D
Also, if he requires ~$13,000.00 a year we also need to reflect on his education both in school and life itself that brought him to the stage he's at.
The goal is to lower our burn rate, I agree, we also need to know how to do it too.
You are on boglehead. Search property tax hacks California Bogleheads.org feed dated 3/14/19
I am trying to find a sustainable solution for trash bags. What do you use instead of trash bags
I use junk mail. ruclips.net/video/gjdwb69wUZw/видео.html
The video is honest but if your a single person dating good luck with that budget, sorry I can't text you idont have a phone and we can't go out ever, . This is the I'm staying alone forever budget. No kids no dating etc. Is this accurate yup but throw a relationship and a couple kids in the mix and well.
Well he can find a rich lady in CA and be a stay home dad😂😂 ..if she divorce him he would get the house and financial support like my boss did
I have 4 phones with 3 active plans right now. I don't pay for any of it. I suppose I can show more girls in my videos if that will put these inquiries to rest.
@@BeatTheBush damn time to put new lyrics into the song 2 phones :O
Loved it! Been following your journey and was inspired to start my own... Paying debt, reducing expenses and increasing revenue... meanwhile I started to produce food in my garden and composting my organic trash... I leave you the suggestion to compost and plant your vegetables... An easy way to save money and have the freshest vegetables (I started in my balcony and now am in a community garden) Keep up the good work!!! ;) ;)
Nice one! Unfortunately, I'm not much of a gardener.
Andrew Yang is gonna throw another 12k onto that 😍
Well, I think my shift in living did help in paying lower taxes.
Lol that clown will never win
Yep, you could easily put one of your spare bedrooms on airbnb. We didn't downsize when our kids left and am glad. Airbnb is so much better and more money than having someone rent it for the whole month or longer. We've done that for 6 years with no problem.
I suppose I could but I don't.
@@BeatTheBush I think you'd be surprised at how easy it is but maybe in your area you'd get different clientele. I don't know. We live outside Yellowstone Park.
Star trek will keep u busy
Yeah... for a certain number of hours. I will eventually run out. And then I'll go back and make more videos.
This is my new favorite channel
Thank you! Welcome!
BeatTheBush ily❤️