1. Avoid the credit card trap 2. Stop spending too much on eating out 3. Have an emergency fund 4. Invest early 5. Watch out for lifestyle creep 6. Saving is not enough
Spot on. No internet available to me when I most needed these lessons. Thanks to following money sages (filtered through my intuition), I dug out of some really deep pit in my mid life. I now live in abundance in the second half of life and am steadily getting wealthier and more fulfilled and spiritually developed. I am so grateful for generous sharer sages like yourself. The spiritual growth is easier when the rest comes right, see Maslow's Hierarchy of Needs; spirit and money are NOT antagonists. I made the multi credit card error despite being in top IQ level on paper; contrast of academic and practical aptitudes! I am much more embodied now than I was then.
Good video👍 Ordering food or eating out depends on your situation of course. Living in Thailand for example, ordering food is so inexpensive that it's just a waste of time to cook yourself. Better to spend that time on making money.
You'll be running yourself to the ground that way. Yes, you'll have more time and maybe making more money. But, what's the use? You'll be instead ruining your health with all that fast food junk. Health is wealth. Christiano Ronaldo has enormous money to eat out at Michelin restaurants the whole year. But, does he do that? No.
Another thing that people don’t think about when it comes to credit cards and how you can lose with them is obtaining cards that don’t fit your lifestyle, mostly the annual fee cards, and also obtaining cards with sign up bonuses where you’re going to force yourself to spend more than you normally would just to get the sign-up bonus
I think learning to cook is one of the things people do not think about. Funny enough, it wasn't the spending on eating out that made me change, it was trying to lose weight that made me change. It was hard to control what my macros were if I ate out the way I did. So I started cooking most of my meals. Keeping it simple, nothing fancy, just good enough to stay alive essentially lol. I'm down 15 kg. Another 15kg to go.
The last lesson really hits. My dad always echoed the same idea that the long-term goal shouldn't be to sacrifice your lifestyle for comfort but find ways to increase your income. If you learn to appreciate the luxury and conveniences, trying to give them up is a bad way to look at the world. You work your ass off, so enjoy life!
Fantastic points on essential financial literacy not covered in schools! A small addition: setting automatic savings can further simplify the early saving habit, ensuring you consistently set aside a portion of your income without needing to think about it each time. 👍
rn credit cards are helping me save, i have three cards less than 1600 in debt bc i dont spend much but i have 0% interest promo on all of them so i can do min payments for the remaining months
You are a blessing to me for this advice….. I just come here to your channel to get ideas and live well…. You’ve blessed me these few months since I met you online .
Also I'd suggest you integrate this fact about credit cards in your future videos: Your credit card's maximum utilization should be anywhere between 50-60% of the total credit amount. Anything more will take a hit on your credit score. Instead take 2 credit cards, and keep the utilization at 25-30% each.
Investing early is such a big one. Put up a savings plan, immediately save some money every month, increase the plan on every raise. Then concentrate on your income and keep some money for fun purchases. That way money is just going to "work" without having to worry.
@@donaldlyons17 Sure, but setting up an investment scheme is not something that takes years. It's an easy setup, and with reading yourself into the topic it's going to be a few days or weeks. Afterwards you can fully focus on your income stream
@@donaldlyons17 I don't know why you think you can only do one thing or the other. Setup an investment scheme, then focus on your income. Once your investment is automated, there's nothing left to worry about, and you can focus on your income. When you earn more, up your investments. Simple as that
@@allinvanguard Because the money needed to save, and invest or whatever is also needed for current expenses.... I don't know of a way to spend money twice!!!!
Hi Oliur, What do you use to take payments for your digital products? I'm trying to save as much of my money as I can when I make a sale, and I seem to be stung on fees. Cheers!
Thank you to Ritual for Sponsoring this video. Get 25% OFF your first month Go to ritual.com/oliruronline25
1. Avoid the credit card trap
2. Stop spending too much on eating out
3. Have an emergency fund
4. Invest early
5. Watch out for lifestyle creep
6. Saving is not enough
Spot on. No internet available to me when I most needed these lessons. Thanks to following money sages (filtered through my intuition), I dug out of some really deep pit in my mid life. I now live in abundance in the second half of life and am steadily getting wealthier and more fulfilled and spiritually developed. I am so grateful for generous sharer sages like yourself. The spiritual growth is easier when the rest comes right, see Maslow's Hierarchy of Needs; spirit and money are NOT antagonists. I made the multi credit card error despite being in top IQ level on paper; contrast of academic and practical aptitudes! I am much more embodied now than I was then.
Good video👍 Ordering food or eating out depends on your situation of course. Living in Thailand for example, ordering food is so inexpensive that it's just a waste of time to cook yourself. Better to spend that time on making money.
True. I’ve found the same when it comes to some things in Dubai.
You'll be running yourself to the ground that way. Yes, you'll have more time and maybe making more money. But, what's the use? You'll be instead ruining your health with all that fast food junk.
Health is wealth.
Christiano Ronaldo has enormous money to eat out at Michelin restaurants the whole year. But, does he do that? No.
@@AeyGee Who said anything about fast food? You can order healthy food too lol, at least in Thailand.
@@Money8OOST There is no such thing as ordering healthy food. Cooking food at home with the freshest of ingredients will beat any of those.
@@AeyGee Maybe not in your country.
Another thing that people don’t think about when it comes to credit cards and how you can lose with them is obtaining cards that don’t fit your lifestyle, mostly the annual fee cards, and also obtaining cards with sign up bonuses where you’re going to force yourself to spend more than you normally would just to get the sign-up bonus
I think learning to cook is one of the things people do not think about. Funny enough, it wasn't the spending on eating out that made me change, it was trying to lose weight that made me change.
It was hard to control what my macros were if I ate out the way I did. So I started cooking most of my meals. Keeping it simple, nothing fancy, just good enough to stay alive essentially lol. I'm down 15 kg. Another 15kg to go.
Cooking food has always been my favourite pass time. It's almost like a zen mode for me.
@@AeyGee It's quite the opposite for me lol. Strangely enough I go zen mode when I clean. Washing dishes, floors, bathrooms etc is therapeutic to me.
@@RespectfullyCurious Cleanliness is Godliness mate. You are doing the right thing!
The last lesson really hits. My dad always echoed the same idea that the long-term goal shouldn't be to sacrifice your lifestyle for comfort but find ways to increase your income. If you learn to appreciate the luxury and conveniences, trying to give them up is a bad way to look at the world. You work your ass off, so enjoy life!
Fantastic points on essential financial literacy not covered in schools! A small addition: setting automatic savings can further simplify the early saving habit, ensuring you consistently set aside a portion of your income without needing to think about it each time. 👍
Cool to see we watch the same creators, Carl :))
these are all facts
rn credit cards are helping me save, i have three cards less than 1600 in debt bc i dont spend much but i have 0% interest promo on all of them so i can do min payments for the remaining months
Very important advice. How you deliver the information is so different from all other RUclipsrs :)
Thank you for this info.. just sent it to my teenage daughter
watching this the week i decided i want to start cooking more haha great timing
You are a blessing to me for this advice….. I just come here to your channel to get ideas and live well…. You’ve blessed me these few months since I met you online .
Also I'd suggest you integrate this fact about credit cards in your future videos: Your credit card's maximum utilization should be anywhere between 50-60% of the total credit amount. Anything more will take a hit on your credit score.
Instead take 2 credit cards, and keep the utilization at 25-30% each.
Investing early is such a big one. Put up a savings plan, immediately save some money every month, increase the plan on every raise. Then concentrate on your income and keep some money for fun purchases. That way money is just going to "work" without having to worry.
You don't think the most important part is the income? Like without out an income or too little income where is the money supposed to come from?
@@donaldlyons17 Sure, but setting up an investment scheme is not something that takes years. It's an easy setup, and with reading yourself into the topic it's going to be a few days or weeks. Afterwards you can fully focus on your income stream
@@allinvanguard Really? No doubling my income has given me more options by far than worrying about saving an extra 1K per year!!!
@@donaldlyons17 I don't know why you think you can only do one thing or the other. Setup an investment scheme, then focus on your income. Once your investment is automated, there's nothing left to worry about, and you can focus on your income. When you earn more, up your investments. Simple as that
@@allinvanguard Because the money needed to save, and invest or whatever is also needed for current expenses.... I don't know of a way to spend money twice!!!!
Thank you for sharing!
where is your polo from?
Clothes shop
Great video. On a side note. Where did you get your polo shirt ? Loving the colour 😀
Welcome back, bro great video as always
mic sounds like theres echo, needs more bass
Hi Oliur,
What do you use to take payments for your digital products?
I'm trying to save as much of my money as I can when I make a sale, and I seem to be stung on fees.
Cheers!
Stripe is usually the most popular
Your RITUALS link 🔗 is broken
could anyone tell what are the skills l need to learn to make money please 😢
❤
👌🏾🙏🏾📈
1st
why u use two watches ⁇
I’m not
The other one is called a Whoop