The only thing you should adjust to your wealth is your food. Stop eating garbage and save money instead of buying the newest console or some house youll never fill or some bs car just eat well and take care of your health
@@mitchellmccallum9778 My dad was a raging alcoholic, he beat the fk out of me when I touched alcohol. He told me to never touch it, does that mean I should touch it because he's a hypocrite? Do as Hypocrites say, not as Hypocrites do.
i like that he mentioned not adjusting your standard of living. i have way too many friends who started making decent amounts of money after graduating and immediately put themselves back into a position where they’re living paycheck to paycheck just because they wanted nicer stuff a little earlier than they could afford it
Do women that can cook under like 30 even still exist?? Like how can moms teach their kids to cook if there’s no subway surfers playing in the peripheral?
6:06 About this. I was at a dead end, and decided I wanted to become a watchmaker. My parents of course thought it was like a bullshit delusional fantasy. Now I'm watching Sam Hyde clips in my own repair shop, just tinkering away all comfy.
Good advice. I can tell he learned that from Robert Kiyosaki, there's a chapter in rich dad poor dad about how most people who get better jobs end up adjusting their lives so they stay just as poor.
To the young guns. I graduated tech in 08 for welding. Then after the recession and getting laid off. Us that had very little experience would be put up against men with 20 yrs experience for entry level jobs. I was in hell going shop to shop. Having to learn to basically build anything VS my hundred thousand dollar a year job that I got laid off from where I just made boiler panels. That hell was the best thing to happen to me and made me grow. I went from making awesome at 19 to taking any crap job in job shops. I was trained to be a work horse, but after the recession "jobs" changed and now I'm toxic because I think the guy that can't count is pretending and he shouldn't make the same money and it's offensive to get fed up This is just my experience. Many of my friends are still doing well it's just the machine doesn't let some of us make it as cogs
as far as inheritance goes you treat it like its not your money because it isn't your just managing it until you can pass it on to the next guy and teaching them how it works so they understand its not theirs either that's how u create generational wealth
When you get your paycheck, pay yourself first. Put 10% into your savings. The rest of your check is used for your expenses and bills. Pay. Yourself. First.
10% isnt enough. I Save 70-80% of my paychecks besides my bills or food. Always loved frugal. Save the most you can early age then once you hit a nice 80-100k in you bank account you invest that money.
I agree. I work in aerospace, but I've had to go through a lot to get there. I know what's it's like to be so broke that you are debating on spending 6 bucks on something. I never imagined making as much as I do now. But I live like I'm poor majority of the time. I try to use it wisely. Some of my family have good income, but are still broke. Parents make 80/90k together and are living paycheck to paycheck. My brother and his wife collectively make 140/150k and always act like they are struggling too. Then they're always asking how I always manage to save so well. I tell them it's not about how much you make. It's about how you live with what you make. My grandfather and grandmother collectively made 70k at best, but always had a good savings. If you're always going in debt, you're going to stay broke. I knew a guy who had to live on overtime to make ends meet. Because he bought a new house, a new truck, a new car and a new boat. He was working 70 to 80 hours a week to make ends meet. When the overtime dried up, he started losing things. He lived well beyond his means and didn't even get to enjoy the things that he had bought. How are you taking that nice boat out when you're working so much all of the time? You have to find a happy medium between working and living. Staying out of debt the best you can will save you tremendously. Try to save up to make purchases on things that you want. Try to be in the green with every check. Even if it's just a little. With such extreme hyperinflation going on. It's best to bed down on your pile of gold until the storms recedes. You'd be insane to buy a house right now, especially if you have good credit. Because now the government basically punishes you for having good credit. Most cars are the price of a small home in 2020. Let them tank, then try to make your purchases when the bottom falls out of their greedy pockets and they're forced to drop the prices.
Reading "being so broke that you are debating on spending 6 bucks on something" was a real slap in the face kind of reality check for me, having lived like that for the past couple months now. Been trying to save, but definitely have been more cognizant and aggressive on it in recent times. Another great point made regarding debt; I remember my Economics teacher a decade or so ago said "If you have $20 in your pocket or wallet and no debt, you're richer than 15% of the entire United States" can't imagine what the numbers are like now. Unfortunately tried talking to my friends regarding the housing deal but many of them are far too conditioned to go for a home, "American Dream" and all. Great points made all around.
Be cheap. Basically you want to continue living the way you did during your college dorm days. I make almost 9x now what I made working in college but I still do my groceries at ALDI’s, shop for cheap clothes at the clearance rack, I fly Spirit, etc.
I'll never get people who buy expensive plane tickets. Like okay yeah a business guy who flies 5 days a week on a company dime I'd get it, but if it's a 5 hour flight just put up with it.
holy shit ive never seen someone ive never met be able to read me like a book. "zoomer that wants to buy a 3 series and wants to do remote coding" this is an unironic "just like me for real" moment 100%
People now aren't exactly difficult to read. Most of them write all their alignments on their face you don't even have to ask usually lol I run into like 3 of you guys at the gym a day
Money will not be useless because too many rich criminals depend on it. They use it as a trade for real assets, and so should you. Don't worry about stacking too much physical metal, though, because that's a lot to move and constantly guard from robbers.
@@kittydaddy2023 fair point, but inflation and global market dedolarisation may be a real problem. (Especially when china is nr1 in production and distribution)
all this apocalyptic talk about fiat currencies is getting annoying, you sound like robert kiyosaki saying stuff like that. if the economy completely collapsed then what gives gold and silver intrinsic value? its good to buy metals but idk why people keep saying put all your money in there. billionaires arent doing that, not saying you should copy billionaires but they would know more than anyone if keeping all their value in metals would be preferable to cash, assets, investments and stuff
Spending is important too, when everyone saves everything the economy tanks. Imagine all of your locals businesses, mom n pop shops going bankrupt. It's important to spend on your community
I’m in this situation and it’s stressing me the fuck out. Feel like I’m not saving enough, been in a job for two years and need to advance. Got a girlfriend and family in a different state, been spending too freely. Currently in the process of buckling down spending and looking for the next gig. it’s WORK
Traditional IRA, Roth IRA, and a rollover IRA. Put the maximum amount in (or whatever you can afford) each year. Save that shit and earn some interest. It's easy, and money in a savings account just loses value daily due to inflation. For those who have Robinhood: they offer 4.65% interest on unused cash (cash in the account not spent on stocks or crypto). It's $5 bucks a month for a "gold" account. $60 per year and if you put 2,000 unused cash in the account you make roughly $100 a year on it just sitting there. Little things that might help some of you.
Bonds aren't too bad atm while they keep the interest rates pumping. Not as good as investing hypothetically, but much less risk and it may only be an option for the immediate future based on whether they keep trying to fight inflation directly with keeping the rate high. If they do keep trying to tackle it with high rates then savings accounts themselves might actually become pretty decent for at least awhile, just make sure to shop around so you can get a good deal and lock in what you can with good rates.
@@unpass With IRAs your contribution is capped anyways, so you might not be able to put all of it in one at any given time. Also, if you go down any investing route, it would be worth it to do at least a good bit of research just to make sure the positions you park it in are the best. I think most people can do better than just the standard s&p etf by going for specific stocks or better etfs. It takes time to research all of that though, versus just parking some money in some 1-3 month bonds for the time being.
So I waste 3 hours of my time to make $100 for the entire year? Plus the time for sorting through taxes. I'd rather spend 3 hours of my time working on programming that will pay twice that amount annually.
I bet the girls show their butt on their dating profile because they just think it's innocent and cute and they have no idea why it gets a guy's attention.
I’m fortunate enough that when I get done with school I’ll be making very close to if not six figures. I’m determined not to be one of these people that financially crumble as soon as they get hit. I’m very fortunate in a lot of ways that have helped me avoid debt but I still wouldn’t go to college if I didn’t have to. As far as investing goes, short term trading will result in major losses. My advice is to get a Roth IRA or 401k and contribute as much as you can because it is one of the few bones the government throws us in between them fucking us
![Sam Hyde - Get A Skill 2 [Advice]](http://i.ytimg.com/vi/vFfzPo_mKZ4/mqdefault.jpg)
The only thing you should adjust to your wealth is your food. Stop eating garbage and save money instead of buying the newest console or some house youll never fill or some bs car just eat well and take care of your health
health is wealth
most people eat actual garbage. chips, candy, soda, breads, cut those out and 90% of peoples health problems will disappear
im spending on my fucked up teeth, its cheaper to fix them today then tomorrow
It's a sign of the times when a comedian is giving sound and applicable financial advice
Yah, when a comedian that regularly is seen ordering and eating take out on stream tells you not to eat take out *THAT IS COMEDY GOLD*
Comedian who impulse buys a GT3 spits facts and logic about not spending money frivolously.
it's Kierkegaard's clown in the burning theatre
its probably because he has alot more money than you think he has@@bottombracket
@@mitchellmccallum9778 My dad was a raging alcoholic, he beat the fk out of me when I touched alcohol. He told me to never touch it, does that mean I should touch it because he's a hypocrite?
Do as Hypocrites say, not as Hypocrites do.
"now youre going to the gas station for roller food" is insane lmao
I laughed so hard at that 😂
i like that he mentioned not adjusting your standard of living. i have way too many friends who started making decent amounts of money after graduating and immediately put themselves back into a position where they’re living paycheck to paycheck just because they wanted nicer stuff a little earlier than they could afford it
Do women that can cook under like 30 even still exist?? Like how can moms teach their kids to cook if there’s no subway surfers playing in the peripheral?
I can tell you only hang out with white people 😂
@@kxkxkxkxhe really be hangin wit da wypipo 💀
Maybe if they are Amish or something idk dude it's bad
6:06 About this. I was at a dead end, and decided I wanted to become a watchmaker. My parents of course thought it was like a bullshit delusional fantasy. Now I'm watching Sam Hyde clips in my own repair shop, just tinkering away all comfy.
W
Congrats man, hope the watch repair shop works out
Collect broken Rolexes and fix’em! Winning! $$$
Respect!
Jet has the strangest eating idiosyncrasies. He holds chopsticks like a psychopath and eats hamburgers upside-down.
Look at him, he’s a hamburgling little twerp. I heard he got caught trying to voyeur sam while in the nude
eating hamburgers upside down is the best way to eat them
i've seen him hit his vape while chewing on mcdonalds
“Take out credit card debt and invest in crypto.”
Lol
"Find a woman that'll cook for you and make you good cheap food"
hahahahahaha good one Sam
just date your mom
@@wrczI did date your mom, what a dynamite gal
@@Turn2Uginthanks
@@Turn2Ugin Enjoy brother!
he is not wrong. anyone who cooks for themselves knows, it is true. to each their own, even if you wanna be a fool.
Good advice. I can tell he learned that from Robert Kiyosaki, there's a chapter in rich dad poor dad about how most people who get better jobs end up adjusting their lives so they stay just as poor.
take your money out of the bank and burry it around your home town. make little maps so its hard to find.
Accurate and good advice from one man that is trying his best.
To the young guns. I graduated tech in 08 for welding. Then after the recession and getting laid off. Us that had very little experience would be put up against men with 20 yrs experience for entry level jobs. I was in hell going shop to shop. Having to learn to basically build anything VS my hundred thousand dollar a year job that I got laid off from where I just made boiler panels. That hell was the best thing to happen to me and made me grow. I went from making awesome at 19 to taking any crap job in job shops. I was trained to be a work horse, but after the recession "jobs" changed and now I'm toxic because I think the guy that can't count is pretending and he shouldn't make the same money and it's offensive to get fed up
This is just my experience. Many of my friends are still doing well it's just the machine doesn't let some of us make it as cogs
sounds like the problem was you if your friends are still making money. learn English.
@mindlessdrive
>just square the circle bro
>have you tried being luckier?
as far as inheritance goes you treat it like its not your money because it isn't your just managing it until you can pass it on to the next guy and teaching them how it works so they understand its not theirs either that's how u create generational wealth
Sam is referring to the "hedonic treadmill" where expectations and desires change upon any increase in resources.
When you get your paycheck, pay yourself first. Put 10% into your savings. The rest of your check is used for your expenses and bills.
Pay. Yourself. First.
10% isnt enough. I Save 70-80% of my paychecks besides my bills or food. Always loved frugal. Save the most you can early age then once you hit a nice 80-100k in you bank account you invest that money.
Richest man in Babylon
Good advice but the end goal is... watching TV? Seems like a race to a very pointless finish line.
"Find a woman who will cook for you" sam please thats whole another guide i need bri
he doesn't follow his own advice he gets jet to cook for him
@@haydengrayson6284 feminine Slavic boy
Cooking isn't that hard if you wanna take that one off the list of requirements.
@@haydengrayson6284them niggas stay on doordash
I agree. I work in aerospace, but I've had to go through a lot to get there. I know what's it's like to be so broke that you are debating on spending 6 bucks on something. I never imagined making as much as I do now. But I live like I'm poor majority of the time. I try to use it wisely. Some of my family have good income, but are still broke. Parents make 80/90k together and are living paycheck to paycheck. My brother and his wife collectively make 140/150k and always act like they are struggling too. Then they're always asking how I always manage to save so well. I tell them it's not about how much you make. It's about how you live with what you make. My grandfather and grandmother collectively made 70k at best, but always had a good savings.
If you're always going in debt, you're going to stay broke. I knew a guy who had to live on overtime to make ends meet. Because he bought a new house, a new truck, a new car and a new boat. He was working 70 to 80 hours a week to make ends meet. When the overtime dried up, he started losing things. He lived well beyond his means and didn't even get to enjoy the things that he had bought. How are you taking that nice boat out when you're working so much all of the time? You have to find a happy medium between working and living. Staying out of debt the best you can will save you tremendously.
Try to save up to make purchases on things that you want. Try to be in the green with every check. Even if it's just a little. With such extreme hyperinflation going on. It's best to bed down on your pile of gold until the storms recedes. You'd be insane to buy a house right now, especially if you have good credit. Because now the government basically punishes you for having good credit. Most cars are the price of a small home in 2020. Let them tank, then try to make your purchases when the bottom falls out of their greedy pockets and they're forced to drop the prices.
Reading "being so broke that you are debating on spending 6 bucks on something" was a real slap in the face kind of reality check for me, having lived like that for the past couple months now. Been trying to save, but definitely have been more cognizant and aggressive on it in recent times. Another great point made regarding debt; I remember my Economics teacher a decade or so ago said "If you have $20 in your pocket or wallet and no debt, you're richer than 15% of the entire United States" can't imagine what the numbers are like now. Unfortunately tried talking to my friends regarding the housing deal but many of them are far too conditioned to go for a home, "American Dream" and all. Great points made all around.
Be cheap. Basically you want to continue living the way you did during your college dorm days. I make almost 9x now what I made working in college but I still do my groceries at ALDI’s, shop for cheap clothes at the clearance rack, I fly Spirit, etc.
I'll never get people who buy expensive plane tickets. Like okay yeah a business guy who flies 5 days a week on a company dime I'd get it, but if it's a 5 hour flight just put up with it.
Never underestimate the dollar store! Save that coin!
holy shit ive never seen someone ive never met be able to read me like a book. "zoomer that wants to buy a 3 series and wants to do remote coding" this is an unironic "just like me for real" moment 100%
People now aren't exactly difficult to read. Most of them write all their alignments on their face you don't even have to ask usually lol I run into like 3 of you guys at the gym a day
you and 3 billion other people
Unironically good advice
good advice. opposite of idubbbz advice. no wonder ian hates sam lol
What was idubbbz advice?
@@thisisachannel12 listen to ur toxic wife who is burning all of ur money to try to be relevant
@@thisisachannel12 im talking about idubz advice over the course of his whole career. it barely compares to sams. even in one 10 minute clip.
idubbbz never told people to live cheque-to-cheque or not save. you just wanted to autistically wedge in the idubbbz/hyde beef lmfao get a life
@@Kiezly ok but what's his advice?
I started buying silver and gold cos it seems like everything is collapsing, and money will be useless soon.
Money will not be useless because too many rich criminals depend on it. They use it as a trade for real assets, and so should you. Don't worry about stacking too much physical metal, though, because that's a lot to move and constantly guard from robbers.
@@kittydaddy2023 fair point, but inflation and global market dedolarisation may be a real problem. (Especially when china is nr1 in production and distribution)
@@Sub5_77based ngl, if the dollar keeps going down having silver will help you out big time
Lmfao enjoy your boomer rocks
all this apocalyptic talk about fiat currencies is getting annoying, you sound like robert kiyosaki saying stuff like that. if the economy completely collapsed then what gives gold and silver intrinsic value? its good to buy metals but idk why people keep saying put all your money in there. billionaires arent doing that, not saying you should copy billionaires but they would know more than anyone if keeping all their value in metals would be preferable to cash, assets, investments and stuff
"If I did something whack, people would drop me tomorrow"
You've already been accused of every school shooting. What else could come out?
Spending is important too, when everyone saves everything the economy tanks. Imagine all of your locals businesses, mom n pop shops going bankrupt. It's important to spend on your community
I’m in this situation and it’s stressing me the fuck out. Feel like I’m not saving enough, been in a job for two years and need to advance. Got a girlfriend and family in a different state, been spending too freely. Currently in the process of buckling down spending and looking for the next gig. it’s WORK
Sam giving A1 advice while Jet chows down on goyslop right behind him
Jet stacks silver lmao. Down 30 percent since 2012
I’m 30 working at a ethanol plant running samples driving forklifts turning a bolt here and there and let me tell you guys he’s totally right 100%
so whats wrong with studying in med school for 9 years to become plastic surgeon?
Traditional IRA, Roth IRA, and a rollover IRA. Put the maximum amount in (or whatever you can afford) each year. Save that shit and earn some interest. It's easy, and money in a savings account just loses value daily due to inflation. For those who have Robinhood: they offer 4.65% interest on unused cash (cash in the account not spent on stocks or crypto). It's $5 bucks a month for a "gold" account. $60 per year and if you put 2,000 unused cash in the account you make roughly $100 a year on it just sitting there. Little things that might help some of you.
Bonds aren't too bad atm while they keep the interest rates pumping. Not as good as investing hypothetically, but much less risk and it may only be an option for the immediate future based on whether they keep trying to fight inflation directly with keeping the rate high. If they do keep trying to tackle it with high rates then savings accounts themselves might actually become pretty decent for at least awhile, just make sure to shop around so you can get a good deal and lock in what you can with good rates.
Maybe I have the adhd brain but if I put any more money into robinhood I would probably end up buying some stock with it impulsively
@@Magnus181 +1 on savings accounts. APY % keeps going up. Don't know if it's the best option over IRA's though.
@@unpass With IRAs your contribution is capped anyways, so you might not be able to put all of it in one at any given time. Also, if you go down any investing route, it would be worth it to do at least a good bit of research just to make sure the positions you park it in are the best. I think most people can do better than just the standard s&p etf by going for specific stocks or better etfs. It takes time to research all of that though, versus just parking some money in some 1-3 month bonds for the time being.
So I waste 3 hours of my time to make $100 for the entire year? Plus the time for sorting through taxes. I'd rather spend 3 hours of my time working on programming that will pay twice that amount annually.
Sam hates 3 series
buy some whackd token, got it.
MONDO MEGABITS
Great advice.
If you say, "had some PMs" before the last couple months, you know it is already paying off. Keep stacking indeed.
I bet the girls show their butt on their dating profile because they just think it's innocent and cute and they have no idea why it gets a guy's attention.
Lol how delusional, trust me they know
@@bobojenkins5805Absolutely. Men need to stop thinking women dont know what theyre doing.
You can tell he's not married.
Miss you
7:10
Chat was paying respects with "F" in chat hahahah double hero
So You are saying I should buy a 3 Series?
what was he doing on bumble? is that part of some kind of "bit" he is doing? or he's just crusin'?
Looking for a woman to cook for him
This is excellent advice
Get an LLC
I’m fortunate enough that when I get done with school I’ll be making very close to if not six figures. I’m determined not to be one of these people that financially crumble as soon as they get hit. I’m very fortunate in a lot of ways that have helped me avoid debt but I still wouldn’t go to college if I didn’t have to. As far as investing goes, short term trading will result in major losses. My advice is to get a Roth IRA or 401k and contribute as much as you can because it is one of the few bones the government throws us in between them fucking us
I feel like I have to go to college as well now
5
Silver
If you want to slowly lose money sure buy silver 🤣
@@Supermoneygang12 you have no money to lose so why do you care
Exactly bro, ur flabbergasted, go watch andrew tate and jerk around on chat gpt for 36 straight hours since you know everything.
4