8 Things I Regret Buying As A Frugal Minimalist

guys i've made a lot of mistakes and i regret very many things that i have bought damn it came out so in this video i'm going over a lot of those things that i regret buying uh some of them i bought before i was into minimalism over this past year and a half that i really changed a lot of my habits but a couple of them were after that i'd like to say it stopped but i'm kind of stupid so so i hope you guys enjoy me embarrassing myself and showing you how dumb i am i don't want to make this video all right every laptop i have ever bought this is the first laptop i got it was probably like 16. um it's a lenova it worked for like a year and then it died it was cheap um which is why i got it and it was cheap so that's why i died and then my wife needed a laptop for work but she only did some writing and stuff like that so she didn't need anything too beefy so i got her a chromebook within about six months that pretty much uh stopped working got really slow so that was a complete waste as well and after my macbook air died i got a macbook pro which i should have just got with more like storage and stuff because usually when i edit the video uh i run out of storage so now i'm like using an external hard drive and it would just be better if i got a nice machine so just narrowing everything down it's kind of like less but better why so i got these shoes i think two years ago for about like five or ten dollars and for some reason i have still not decluttered them though i'm about to they're going into the recycling not the recycling they're getting donated right now but it's been shoes and clothes and just different things that i buy them when they're on sale i'm like oh i'll need shoes again next year so i'll get this pair ahead of time to save money and then when it comes around and i actually get to the point where i'm wearing them i realize that i don't actually like them and when i actually need something i can actually take the few minutes and go out and get it or order it or whatever so i've actually tried to wear those shoes twice now and both times i was just like they're really uncomfortable cheap shoes that i don't like and i used to do that with shirts where i'd buy stuff for oh i'll buy it for next season to try to save money but then i realize i don't actually like it and this is kind of how i like it one pair of really good shoes that i'm gonna wear for the next year instead of trying to like mickey mouse my way through with a bunch of cheap ones that don't actually fit i've definitely spent probably in the last 10 years like a couple hundred dollars on shirts that i've never worn because they were on sale they were whatever i liked them and then they just didn't fit great so anyways i've made that mistake a lot of times on clothes online courses slash scam thing i just feel stupid for this one so for those of you who don't know i'm a real estate agent um and as a real estate agent everybody and their dog is trying to sell you some type of course they're trying to sell you leads and at one point i uh got roped into one of those things and i spent a couple thousand dollars on like a lead thing where they guarantee you this many leads and they build your website and they manage your social medias and all this stuff and i never got anything out of it whatsoever like you got like fake leads but whatever and really the lesson that i learned from that was like don't try to take the easy way out sometimes when we have a problem uh we try to throw money at that problem maybe if you're out of shape you throw a couple thousand dollars at a peloton or whatever those ad things for the bike what your mccullouts are or you spend money on a gym membership or a diet thing instead of doing the basic thing which is eat less and exercise and i did the same thing with my real estate where instead of like actually going out and talking to people and knocking on doors and like basic things that are free i tried to throw money at the problem and uh i learned from that expensive mistake my lens so for those of you who don't know i shoot everything like 90 of the stuff i've shot since i got this camera uh has been on a 50 millimeter lens which is not all that expensive it's a 1.8 i really like it so this isn't the one i regret it's another one so i originally only had this one which i actually really like because it limits your amount of options that you have available you can't change like anything about it so you have to make it work all my b-roll all my a-roll everything is shot at 50 millimeters which makes it so simple because you don't have to think do you zoom in do you zoom out do we get closer do you get further away it's like what's gonna work with this but like last year i wanted to get into more of the vlog style so i bought a cheap kit lens it was like 160 bucks or something like that i never used it because it was an absolute piece of garbage but i was trying to save money um but instead of that it actually cost me more money because i had to sell that because it was a piece of garbage and now i got this one which is a lot better but just getting one thing again that's really good quality instead of like just just junk that you know is not gonna work but you're trying to do it anyways uh just it yeah i don't know i'm dumb i'm dumb books so at one point last year after becoming a minimalist i got this idea in my head that i was gonna read like 20 books so i went on and i ordered all these books that i was going to read and over the next six months i was going to read a book a week and it was this whole plan that didn't happen instead i had all those books and i read half of one of them um and that's all i've read so i have since decided i don't actually have enough interest in any of those books to read them so i have donated them or sold them and i've kind of got a little bit of a different approach while i am getting into more physical books which i really enjoy i'm trying to wait till i'm like on the last chapter of the book that i'm currently reading before i buy the next book and then i'm making sure it's a book that i 100 want to read and then also once i'm done with the book i just read i'm just donating or selling it like right away i don't like having them around i have like two books that i actually hang on to and read multiple times the rest i'm just getting rid of like immediately after i read them i've done this a couple other time with like hobbies or things that i get into where i'm like this is going to be great i'll buy everything for the next six months so i don't have to worry about it like it's going to be awesome but it turns out it you don't need to buy all that stuff ahead of time and i've kind of you know learned that lesson the hard way now but like for most stuff it's just as easy just to buy things as you actually need them instead of buying them for the next six months or the next year because you're trying to save money but it actually ends up costing a lot more money it's just i don't know it was kind of dumb hope this is fun for you guys because it's like embarrassing for me i'm just like what are the worst decisions i've ever made let's make a video about it it'll be awesome okay my mustang about five years ago i bought a uh a mustang i was 20. i already had a honda civic which was a great reliable car it was cheap i paid cash for it gets me from a to b really fuel efficient great car so it was totally unnecessary to have two cars for like no reason at all it didn't make any sense i did end up selling it like a year later for like a thousand less than i paid for it plus i had the registration uh and and all that stuff that goes along with it so it was a couple thousand dollar mistake it was like fun to drive for a year it looked cool and stuff but i also realized that i was getting a lot of uh validation and self-worth tied into this car where you know when you go into a parking lot or you're sitting at a light people are pointing they're looking they're like beeping like like you get a lot of attention when you have a really nice car it's weird but i realized that i was getting like some of my self-worth from this car like when i drove my civic i didn't get all this attention and so i always wanted to drive this other one but it was actually me getting attached to a thing and getting used by this thing instead of having a thing be something that i just used like my possessions were owning me instead of the other way around and i was getting a lot of validation from having that thing not just from being me and i don't really want to have that in my life i don't want to be defined by my stuff so i'm really glad i got rid of that it wasn't all that expensive of a mistake and i think it's really helped me a lot in the future not ever buy cars or houses or clothes or anything for anybody else it's just gonna be what's best for me and it doesn't really matter what people think of you and i don't really need to impress anybody online phone games so when i was like 16 i was really into this game called the hobbit it's like one of those things where you create a world and you build your cities and like all that type of stuff and over the course of that year i really got addicted to i was playing it all the time in the morning at night i had like timer set for stuff so that it can recharge uh things it was this whole thing and i was like one of the top people in this little world i was totally addicted to it and i ended up spending hundreds of dollars probably like 500 bucks on this stupid game like buying i forget where you buy but you buy stuff in it so now um because i know that i have that addictive personality i'm not allowed to have any games on my phone anymore uh it's just something that i can't do because i know that um i have a you know a weakness for those type of things i'm wicked competitive person so i try to be the best at everything especially games and i think i've really learned a good lesson that you know they rope you in for free and then it's just an initial you know 199 for this and then it's just oh it's just 10.99 for this and it keeps going up and up and then once you already have some sunk cost into it uh it changes your mindset and it's just a really addictive thing so just being cautious of anything like that where it's a pay-to-play type deal i don't know it's just a big waste of money so when i was 18 i think oh somewhere around there i spent a thousand dollars on this it's a million iraqi dinar this was my first like uh investment that somebody told me about and it was like this whole idea that it's um you know cheap right now and the value is going to go up and it was like this whole story behind it so not only did you pay the thousand dollars for it but you also had like fees attached to it so it was like 1100 or something like that and now this is worth like uh like six or seven hundred dollars so it's lost a lot of value yeah i was just really just trying to get like a get rich quick scheme type deal was the first one i'd really seen i just totally went for it but i think it definitely was a good lesson that i should really just stick with investing with things that i really understand that's why i'm so passionate about real estate investing and that's really what i focus like almost all of my money on is investing in something that i really understand and also like doing research for that stuff like if i had spent maybe 10 minutes researching this i might have known how risky it was but i you know i didn't i didn't do anything i just took one person's word for it so i think it's definitely a good lesson for me to make sure that i really do my own research every time you get a tip from somewhere or you just have something that you think has a big upside it's probably got a big risk factor as well and if you just really stick with investing things that you really understand i think it's going to be a much safer investment in general and if you don't understand it then just if i'd put this money into you know the the s p 500 or something like that it would have grown a lot instead of shrinking uh you know by 30 or whatever it's shrunk by so it definitely was a good lesson but i still wished i uh hadn't learned it let me know what mistakes you guys have made so that i know i'm not alone uh in my terrible decision making uh and if you enjoyed this don't forget to drop a like also subscribe i have some really cool big projects coming up in the next couple weeks i can't tell you yet um but big personal stuff that's going on and then also uh channel wise so very exciting stuff coming up uh i can't wait to you know discuss it with you guys so see ya

Channel: Gabe Bult

Views: 105,382

Keywords: things i regret buying, minimalism, minimalist, things i regret buying as a minimalist, minimalist mistakes, financial mistakes, gabe bult minimalism, gabe bult, things i don't buy, things i don't own as a minimalist, things i dont own, money mistakes, frugal living minimalist, frugal mistakes, frugal, decluttering, regret, 5 things i regret buying, dumbest purchases

Id: qAqyAU6tpR8

Length: 10min 50sec (650 seconds)

Published: Mon May 10 2021