Why I'm Extremely FRUGAL

Video Statistics and Information

Video
Captions Word Cloud
Reddit Comments
Captions
ladies and gentlemen we have a disease going on in this country and it's out after you it's out after your life your hopes your dreams and your freedom and the crazy thing about this disease is it doesn't matter how rich you are or how poor you are what job title you have this disease is out to get you and it's called consumerism and consumerism is spending your money blindly on material possessions thinking they'll add value in your life and the side effects include high stress long hours at work in lack of freedom consumerism is the thing that keeps you running on the hamster wheel until you're 65 but i got good news for you because there is a way to fight this disease and it's called frugality now frugality often gets a bad rap when i talk about frugality they say why don't you just enjoy your money live a little austin as if they know what they're talking about but it's because they're confusing being cheap with frugality but the reality is is they're two completely different things being cheap is not spending your money and depriving yourself in life frugality is carefully managing your money and not wasting anything now i consider myself a very frugal person i've always been this way because i believe that if you can control money you will have more control in your life and i think that frugality is one of the best weapons to combat rising prices and just gain control over your life so in this video i want to inspire you to jump on the frugality bandwagon and talk about 10 reasons why i am frugal but before i begin por favor jump on the austin bandwagon and give this video a like subscribe to my channel i would really appreciate it help me grow my channel so just give it a little tap and if that's not enough here's a picture of me holding a sloth so let's begin with reason number one and it's i don't want to be controlled by the man ladies and gentlemen the world is run by the man and if you're unfamiliar of who the man is the man is the establishment put in place to bring us down and the biggest weapon that the man has to control us is money i mean think about it when you're in debt or you have a low amount of savings what can you do well you do whatever the man tells you can you take a break well depending on what the man says can you take a vacation it depends on how convenient it is for the man the goal of the man is to keep you in debt now the man wants you to get the new car the man wants you to get the five bedroom house the man wants you to keep upgrading your cell phone every single year so you stay in debt so the man can control you and keep you running on this hamster wheel until you're 65 plain and simple i am frugal because i don't want to be controlled by the man i don't want my freedom in my options to be in the power of someone else because money is a game invented by the man to control us but the game is flawed because if you live a frugal life and you spend less and save more you have more options because money equals options and reason number two is i don't really like working now i want to be completely honest with you guys i don't really like working and to be honest i don't think the majority people like working either but i think it's really hard to say that because for our whole lives we're told do what you love and you'll never work a day in your life but i think that's nonsense call me crazy but i don't like to spend the majority of my waking hours monday through friday staring at a computer screen a job is mandatory and what makes a job mandatory is a paycheck the reality is we work because we need money it's that simple it's not the only reason but i can guarantee you if you didn't need money you'd be working a little bit differently i used to think that working a nine to five job was the reality until i started to understand the game of money better and i started to realize that if you have low expenses in a large financial cushion you don't have to work all the time because you don't need money that bad and i just don't accept the two-week vacation policy in the united states and i don't accept that i should be staring at his computer screen all day and i don't accept that this is reality i am frugal because i don't really like working and i'm not afraid to say that i understand that if i spin less and save more i will not be as tied to a paycheck and reason number three is i don't want to spend my entire life figuring out how to pay off debt now what does society teach us well society teaches us to go to college get in a bunch of debt get a high paying job with a big house fill it up with stuff get in more debt and then spend the rest of your life trying to figure out how to pay off that debt before you retire i mean what is the point of that that is just purely unconscious behavior in manipulation by the man now debt is the norm in our society and most people spend their entire lives trying to figure out how to pay off debt and i say just don't get in debt in the first place i know what you're thinking you're going to think austin well it's not that simple but i say the majority of people go in debt over once not needs people go in debt over a new car when they could just buy a used one people go in debt over a four bedroom house when all they need is two bedrooms and believe it or not some people even go in debt over a sandwich now money is simple i just think that most people make it complicated all you have to do is live below your means save for your future and don't buy anything you can't afford i graduated college debt free with a minimum wage job i think that anything is possible financially i am frugal because i don't want to waste my time spending my life trying to figure out how to pay off debt and reason number four is i value freedom over possessions in the 17th century a writer named john locke wrote about life liberty in property and in 1776 this was used in the declaration of independence of the united states but they changed the word property to pursuit of happiness so according to the united states constitution accumulating stuff or property is what we deem pursuit of happiness in its pursuit because it's not guaranteed that's the american dream isn't it but once all your bills are paid if you're lucky you will have some money left over and there's two things you can do with that money one you can spend it two you can save it now when you're spending your money on unnecessary things what you're really doing is you're just getting a little dose of dopamine that will eventually fade away and just leave you with less money in more clutter but when you save what you're really doing is you're buying back a tiny piece of your freedom because money equals options i am frugal because i value my freedom over my possessions i think that freedom is the best thing that money could buy and reason number five is i don't want to lose appreciation when i was in college i was making about eight dollars an hour and i couldn't afford things like eating out that often so when i went to school i would just bring my lunch to school but once every two to three months i would eat out at a restaurant for lunch at school and whenever i did this it was a special event it was an occasion because i rarely did it and i had this deep appreciation for it and now i make more money than i used to but what i've noticed about myself is now it's no longer a special occasion it's just me being lazy and i've noticed that the more you do something the less it becomes a treat and the more it becomes a norm so i try to limit myself to this stuff now because i don't want to lose my appreciation for these things and i am frugal because i believe the more that you treat yourself to something the less it becomes a treat and the more it just becomes a norm so i limit myself and i'm frugal because i don't want to lose that appreciation and reason number six is i'm not that smart now i'm going to be honest with you guys i am not that smart i don't have an idea that's going to make me a million dollars and i'm not going to spend my whole life trying to figure out that idea i think that most people want to find that one idea that will lead them to financial freedom but the reality is there's another way and it's called being frugal i talked about in a past video how i made my first ten thousand dollars with a minimum wage job and i said that it's not one ten thousand dollar decision it's ten thousand one dollar decisions the reality is is that it's very easy to save one dollar and anybody can do it and adds up a lot quicker than you think i am frugal because i don't have an idea that's going to make me financially independent but i know how to save one dollar and when you do that with every single decision by being frugal you will get to financial independence a lot quicker than you think and it's a lot easier than it is just coming up with one single idea in reason number seven is i don't want my life to revolve around money when you're not frugal you generally spend more money so you have less money at your disposal and more of your decisions revolve around money and you ask yourself questions like can i go on a month-long vacation i don't have the money can i go visit a friend in alaska i don't have the money i am not cheap and i don't mind spending my money on things that i want but i don't do it all the time and i'm very intentional when i do that's what makes me frugal but every single day i make small decisions to cut my spending and save money but when the time comes to spend my money on something that i want i don't think twice about it because i know i have the money and i am frugal because i don't have to worry about spending my money on something that i want i don't want money to stand in the way between me and something that i want i don't want my light to revolve around money and reason number eight is i don't want to be rich now i'm not saying that i want to be poor what i'm saying is i don't want to spend my life with fancy cars and big houses i don't want to spend my life identifying with material possessions because i think that being rich is a state of mind it's when you start to expand yourself externally for happiness and as i start to make more money in life i'm extremely cautious with how i spend it because i don't want to create this toxic ego that makes me feel like i'm better than anybody else and i am frugal because i don't want money to change me i don't want to think that because i have nicer stuff i'm better than anybody else and reason number nine is i like simplicity i think that life is extremely easy it's us humans that have made it complicated because all we really need in life is food water and a roof overhead everything else beyond that is optional i am frugal because i don't want to overwhelm myself with an abundance of material possessions and a bunch of financial clutter i just prefer to live a simple life without a bunch of worries and reason number 10 is i care about my future self i think that most people don't realize the effect that money has over their life because every single financial decision that you make good or bad will affect you in some way in the future and i've said this in many of my videos but the basic principle of money is when you save your giving to your future self when you're taking on debt you are stealing from your future self money is powerful and if you make any irresponsible decisions with the money the only person that you're hurting is yourself i am frugal because i don't ever want to have to worry about money i don't want to make any decisions they're going to affect me negatively long term because i care about my future self and i want my 38 year old self to be better off than my 28 year old self right now and with that thank you so much for watching if you enjoyed this video you know what to do muchas gracias que tengo india yo agustin de los montagnes nobemo chico
Info
Channel: Austin Williams
Views: 950,099
Rating: undefined out of 5
Keywords: Frugal, Frugality, Cheap, Financial Independence, Money, Investing
Id: f_2DYNLEqpI
Channel Id: undefined
Length: 12min 47sec (767 seconds)
Published: Fri May 20 2022
Related Videos
Note
Please note that this website is currently a work in progress! Lots of interesting data and statistics to come.