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Dave, I Disagree With Your Thoughts On Credit Cards

**Dave, I Disagree With Your Thoughts On Credit Cards**



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Dave, I Disagree With Your Thoughts On Credit Cards

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Ryan's with us in Sacramento hey Brian how are you hey how's it going better than I deserve what's up so I've been watching your show for a couple of days and I think you give really good advice but I do disagree with your thoughts on credit cards and that you know they're just bad overall the biggest is of course do we know the interest is that on it but you're on the premise that you'll spend more with a credit card than was past now that may be may be true but that's a general statement the general statistics and it doesn't apply to everyone there may be someone out there who can get a credit card and pay about the same price as if they would do with cash and then that would increase their credit score and you know such yeah my great grandmother died when she was 90 and she drank bourbon and smoked cigarettes every day and she used to say yeah these cigarettes won't kill me one of these days and cigarettes didn't kill her they didn't kill her she got away with it other stuff killed her when she was 90 anyone the Bourbon either okay does that make it okay for for me to say it sit here and say cigarettes are okay absolutely not ah so your logic flow doesn't even make sense how old are you 21 okay and well your logic flow is not what you're saying is it logical it's say it's like saying drunk drivers don't always kill someone so it's okay to drive drunk that's your logic flow and so it just it's not logical I doesn't work so here's the deal there's been multiple pieces of research done not just my opinion but multiple pieces of actual detailed in-depth research that shows that people spend more when there's a disconnect from the fact that they're spending money emotionally for instance when you spend cash there's one study that was done at MIP that says when you spend cash it activates the pain centers of the brain you feel it you have an ouch moment when you spend cash when you spend with a debit card it doesn't do it so much but does a little bit because you still connect that with the balance on your checking account emotionally they smell the credit card it doesn't activate it at all and consequently people spend more another example would be the basic friction on Amazon you bought stuff on Amazon I assume are you an Amazon Prime member yes ok and you realize you spend more because it's easier to spend right even spend that much on Amazon but when only time I would spend on it is if it's cheaper there than on a store yeah but you get the idea that the easier it is to buy something the more likely you are to spend over the course of your life now an individual transaction maybe maybe not ok I'm an Amazon Prime member actually my wife is I use her account but and so but so when I'm on there I do shop around like you're talking about I'm a fairly responsible guy with money I'm a multimillionaire the stuff I teach has worked for me and so but the bottom line is is that behavior in your in the way you handle payments does affect your spending patterns over the course of your life over the course of a year again an individual transaction maybe not and to your point some people are more disciplined than others but the concept is simply this the credit card is the cigarette of the financial world there's no upside to using it only downsides is it going to kill everyone no but it kills a bunch of people and financially speaking so why you know why handle snakes why you know rattlesnakes don't always kill you when you pick them up but most of them will or there's a good chance you know there's a better chance you're going to get bit if you fool with them then if you don't fool with them that kind of thing and so that's what it comes down to and really what it comes down to is not studying your feelings or your opinions it's say let's talk to wealthy people who have built wealth starting from nothing and ask them what they do with their payment structure and here's the stairs what we just finished the largest study of millionaires ever done and what we found in talking to the millionaires is they pay cash for everything some of them have a credit card and pay it off every month like you're talking about but none of them caring consumer debt of any kind ever they don't carry car debt they don't carry credit card debt I don't carry any debt of anything else and so I appreciate your opinion Brian but you're just wrong that's what it comes down to you're just wrong and the you know there's no possible way that we would ever tell anyone to use a credit card because it doesn't cause them to win it only has downside not upside I'm not gonna tell you to drive drunk you might get away with it but you might kill yourself or kill somebody else I'm not gonna tell you to smoke cigarettes you might be my great-grandmother and died of 90 of something else but it very likely will kill you it's a proven thing it's you know there's only downside there's no upside and so that's it I mean you know the downside is your breath stinks and when you smoke you smell like you lick the bottom of an ashtray and and everybody knows it you're something you're you know you smell your clothes smell like it anything else and credit card debt does the exact same thing to your financial world it stinks it up and you're just you're not gonna win screwing around with these things so again to your point can an individual from time to time do that yes a highly disciplined individual would be very unlikely to have major problems but there's no upside so why screw with the snakes they're cute you want to pet them I mean why screw with the snakes there's only one possibility screwing around the rattlesnakes get bet or not get bet I guess there's two possibilities maybe you're really good with snakes what does that prove nothing then proving anything at all so we stay away from them sir and I appreciate your call

How to cut down monthly bills and save more money

**How to cut down monthly bills and save more money**



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How to cut down monthly bills and the way I do it.

what's going on YouTube my name is ty my blocks the ex-king calm and others are very dark day today just getting my work and I want to shoot a quick video on how to save money on how to save money how to cut things out me a wife has done some custom bills out and some things that people might not have thought about too recently so you know saving money one way to make more money it's a save on money right no you know if you're trying to make more money the best thing to do is look at your bills and what can you eliminate it and we eliminate some bills and we dinner ourselves and one bill that we got eliminated was the pest control service the orchid man the man was a great service and we lead them because there was a poor service a really good service on knowing bad thing was that you know was paying seventy seven dollars every other month so just running it up plus tax the most eighty bucks every other month to monthly that's forty eight bucks a month and you know in the beginning yeah I'd used them guy had these spider crickets in my home Oh camel crickets with the column in my home and I got it kind of hard to kill so I got me a pest control service and get rid of them which is fine and dandy but don't you have a kid you know stuff got your cut so that's what happened well had my son and stuff had to go so I called and canceled them and I invested in a one gallon water sprayer which I'll do review about that I'm about to get tossed are pro top star P and I heard a good chemical insecticide to use and I'm gonna use that to keep the bugs out so I can spray the yard I can spray the trees the the perimeter the windows actually the backyard the front yard and it kills mosquitoes too one thing about the orchid man I didn't like that you know we worried nine to five it was very hard walk I put it I was working in the world before I went you know across the street what they call it so the White House I was on Wednesday Thursday and Sunday so Wednesday I got make an appointment for Wednesday they coming to house pray and be done since I'm working 9:00 to 5:00 mode through Friday and they close at five o'clock it's very hard to get them inside the home versus Saturdays and Saturdays they work every other Saturday and then why do scheduled for Saturday it'll be close my neighborhood there'll be there's nothing I close but they'll be booked so the past four times I'll call for Saturday they make it pretty booked so why do and when they do come to the house they always spray once every other month so I mean which is fine but when they do spray will be at work so I don't know what they're doing I don't know if they're doing a good job or not I don't know do the sprayer the windows are they spraying the whole foundation or spraying the bushes to I don't know I really don't know so yeah you know nothing about the service but it you wonder that's why I decided to get rid of them and to do it myself and the product of doing the self is to positive things don't think it's just prozac all I know the con is that I waste more time but will take me maybe you know 30 35 minutes to get this mix of chemicals together put some clothes on and spray the whole house use the whole gallon whatever but the pros are I save money and I know that the work is done I can spray it knowing the house but the bushes the grass the trees shrubs the backyard I have a shed as well in my back I can spray that as well there's a lot of spiders and bugs in there I can spray that as well keep the bugs out of there as well so it looks like it's a good thing I counsel them so that's one thing the next thing we have done is we go spaying a lot of money for home security and it was paying about 50 bucks a month that's a lot of money for home security and no one of our family members said they pay way cheaper internet I'll talk to Taylor 15 bucks a month that's why there's a research on that and I know do with just soft security systems is on the rise right now and and I I can also mine once I saw the price how much would pay you got paper clip in the front but your pay 10 15 bucks 20 bucks a month for home security and then you know what will get me long story short the company that I had got bought out three four times so I was paying $25 more than beginning which is not bad but every other year they got bought out and the price keep going up and no and then the thing is but my my equipment did get better stay the same so I decided to it Do It Yourself security system and I kind of enjoyed doing it once you do it yourself versus get so I also come to it it feels better when you do it do you know it's done you know that the doors got sensors when those got sensors everything so it feels better so I eliminated that bill when I eliminated well I got cheaper bill so that's that really helps so those two bills I I got lured or eliminated on one thing we did was I invested in a hedge trimmer I invested in a weed whacker and I put much cutting all the grass all year long this year last year I hired a guy he forty bucks two more long I was pretty hot last year and this year wasn't too bad but this year I did all myself so if you paying someone to cut your grass then you older person you can't physically do it keep paying that person cuz you wanna be out there hurt yourself but you know a young person and you could do it yourself going investing money into a lawn mower a lot more like 90 to 100 dollars and now I'm a lot more maybe four or five years ago it's still going strong so will pay for itself I invest into a hedge trimmer by sixty bucks I got your weed whacker for like 45 so I thought all these things to help me keep my lawn good into the winter time when I'm growing more and it saved me money so how to hire someone to do it so the way you do it in square cut your grass dam with it know what to spray that I got a sprayer I go I go and Samari outside go ahead make stuff up and spray and and be done with it and be done with it so those are some ways you can start saving money see what bills you got now lower than light bill is harder maybe gets on energy-efficient bulbs into efficient appliances for your car insurance try to call around different companies and see the benefits the pros the cons and the cost compared to what you're paying now awesome one other way that's kind of if you're paying 120 and coming constantly what's hard you send in five eighty dollars I'll go ahead and do it because over time it will save me some money so try that as well I think what's something else another thing you could do with foam service that have a rising horizon sprint all the plates are extremely high I have a rising fault 115 years I'll have about 15 you got every one was 30 there was expensive I was paying $90 for one line and now I'm paying 80 bucks for two lines for me and my wife so I was like okay I'm seven ten dollars about she online I got a line and we split the bill we was clicking wireless that runs up 80 phone service is fantastic so hey if you got sprint verizon thinking about going to a prepaid service that has great services to be there there's so many out there and they think service is just as good so there's a couple things that help you save money dude don't do it yourself do yourself a pain exterminator learn how to do it yourself body stuff buy the equipment by the pesticides insecticides it'll last you a long time tossed our Protoss therapy with an uber I wanna do review about that as well I did I see somebody bought a plan of that stuff it lasted my year so it's imagine it is like $31 so after one bus will last me a year so they'll try to do it yourself cut your grass yourself do your peasant roll yourself do your home security yourself monitored yourself through apps try get a lower phone plan try go to a prepaid plan copy pay plan your bill never just never goes up and down it's always the same try to use more energy efficient equipment I mean the devices in your home and try to cut out cable I made people I mean people my job paying to 20 to 30 a month doesn't cable internet it'll need these days the cable is dead I would rather using Hulu or Netflix was internet service and my bill will be cheaper I mean in you know my youtube channel I show you how you can watch movies and TV shows for the world real real low okay so there's no reason for you to pay to 20 a month and the cable and you work 40 hours a week and you have kids so how many shows do you actually watch besides power and they have they have none so I mean you only watch three or four shows Mable's with sports but you pay the 220 a month that's ridiculous give her the cable going Netflix go to youtube live YouTube labs like like 30 or 40 bucks a month so what's your internet by self might pay for it for the lives of my 12 youtube live you might I paying forward you've had a hard I was a month but you're cutting your bill in half if you cut your bill in half so these are the ways to save some money you can save some serious money by cutting things out you don't need you could do it yourself you call around get a better quote and everything else stop eating out so much know maybe from from September there is a timber to December you should try to save money because know why the hot got Christmas coming up new year's Thanksgiving you have a lot of family soldiers going out coming up Black Friday and you need money so the best thing you could do now as a stop T now say more money hoping high-yield savings accounts to put that money in cook cook you a big possible get eat that for two three days cook you some chicken wings eat number two three days make up Potter lasagna and make eat that for two three days and use coupons week a lot of coupons in the mail use coupons you get in the mail that also helps use cashback apps on your phone use the dollar app you get a dollar back and it's not a lot of money but over time adds up you usually get outside gas at a time you get gas you scan your gas receipt and you get cash back right now since I've been using a gas app hell I've been using it since April to September I'm a $61 that's my scaly my gas receipt that says free money so these are some ways to save money just rethink your bills what bill can you eliminate and what bill key made cheaper what Bill you do yourself cat cut the grass myself I'll do myself alone can I do I'll do this oh security system saves the money I have to do it myself I can I cut out this pest control bill cut out cable and go out with another lor bill can I cut out there's a verizon bill the Sprint bill that's a lot of money mobile bills a lot of money can I cut those things out but cutting those things out you will save money how I say my my light bill many more installation in your home energy efficient devices lights all key things off that's what also helped you know save on gas you know when you one thing I do like instead of me you know sometimes if you get out were a good time and he goes if you're already out go ahead and do your good shopping while you're already out they come home versus on your day off you know except you get your car and go to the store coming back you're burning gas how about you go ahead and go shopping while you're already out they come home that way when we can you don't have to go buy groceries you can do anything but stay at home and save that gas money so yeah the plenty of ways to save some money you want to save money by cutting up bills and expenses kind of things you don't need and what it could not faith you could do yourself that's security bill the security bill right now and the orca man and you throw cutting grass I probably save $150 a month just cut those things out and do them myself that's it and with the home security won't you just it's easy it's easy you just stick it you good to go you good to go and but this goodness says that once you have a cell it's done it's done you'll read nothing else you've got a checking it out this is done and in and with the pest control you do it once a month you do it once a month you do we cut the grass do it once a month so all these things have to cut out you do it once a month you do it once a month and you save money you save money so but anytime what else can calm I read a blog post about this as well I have more videos coming out and I got a new video coming out I'm gonna do soon Peyer tomorrow Saturday it's called the peace of hunt hack I got I find a way to get we want a piece of her pizza you get cash back on to apps that didn't know had on there and check that video out download all these links below the video acorns you know acorns get money back your account by buying stuff get the dogs out you don't say get the dogs out go ahead and get it and you cash back on restaurants by link below get the get up side gas app you just get your gas receipt you get cash back within four hours get couple dollars back over time adds up that link below the video as well my name is Tyler asking comm help you save money make more money hide the whole money and I'll see you next time

How to Save Money - Tips That Grew our Savings to 400,000 | Build Wealth

**How to Save Money – Tips That Grew our Savings to 400,000 | Build Wealth**



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We’re sharing our strategies for how to save money that helped us save over $400,000. If you want to know how to become wealthy, the key is to set financial goals and manage your money with intention. That means budgeting and investing your money wisely.

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today we're gonna talk about what it takes to save $400,000 hi I'm Joseph and I'm Tasha with one big happy life and we hope you find balance build wealth and live happy everything that you need to create the life that you want now before we dive into today's video we wanted to personally invite you to our brand new money masterclass the four essential keys to creating your financial dream life so this masterclass is gonna be all about giving you the financial tools and strategies that you need to create a money plan for the life that you actually want to live so you definitely don't want to miss out head on over to one big happy life dot-com forward slash masterclass to join us there live for all the good stuff yeah so this is the last time this year that we'll be offering a free live masterclass so you definitely want to go over and reserve your spot go to one big happy life comm slash masterclass and we'll see you next week right up front fYI poor Joseph is sick he is taking one for the team right now shooting this video with me for you guys so there may be some sniffles along the way just excuse there was one but alright so to kick this video off we wanted to start by taking a trip down memory lane right because we didn't always have a four hundred thousand dollar nest egg once upon a time he had zero so we actually started saving back in you know around 2011 and we eat yeah because for a long time we were in school especially me you know she worked for a little while outside because you know the Marine over here but we did do a lot of Education and while it would have been great for us to go ahead and put something away for a rainy day or retirement we didn't do that what we're in school yeah so we started in 2011 like a hundred dollars a month each and then it took us about four years to save our first hundred thousand now along the way we got employer matching and we always made sure to increase our savings every single year but then only about two years later we hit 200,000 and we actually did a video on it so definitely check that one out because I mean the the jumps from starting out to when you start really making some huge leaps it's a little bit different and it and it's really really fun yeah so then we hit three hundred and fifty thousand just earlier this year in May of 2019 there's also video about that we'll drop that down below so you can watch the whole journey which is awesome and now we are at four hundred thousand dollars which is really incredible I won't say though but the thing that we won't say is it's not unexpected right this is what we've been planning for from the very beginning we expect it to be exactly here exactly now and so we're gonna be sharing some of the strategies that you can implement in your life to create your wealth building plan yeah and so even when we started our savings way back in 2011 we still had the goals of when we were going to have a million dollars and we wanted to have a million dollars by the time I was 40 and so that is certainly still on the table even though like markets have been up and down and all that kind of stuffs going on but because we have made that that commitment and that we're definitely saving and we've saved enough and started to get more and more aggressive you know we're gonna hit that goal I feel certain yeah our millionaire target date is 2025 so that's about six years away so here's what's awesome also about hitting this four hundred thousand dollar milestone it means that we've pre-funded our retirement account so if we stopped saving investing today because all of this money is invested it's not sitting in a safe that's invested if we stop saving today investing today assuming an average rate of return of eight percent and the market has averaged ten over the past thirty years then we'll have four million dollars at retirement so we could stop saving today and retire very comfortably just on the nest egg that we've managed to amass up to now which is our like mid mid to late 30s and of course we don't intend to stop investing and saving that money for retirement but now each dollar that we're investing does one of two things or both it either increases the lifestyle that we can have when we're in retirement or it can let us retire earlier just depending on what we feel like at the time so let's talk a little bit about keys to success right and some of these are financial principles and some are kind of mindset money planning principles so we're gonna start with the mindset money planning stuff because really that is where it all starts so number one no one believed that you actually can build wealth we see so many comments of people saying things like oh I wish or oh wouldn't that be nice but the reality reality is that you absolutely can build wealth but it's about making the decision that you are going to start making choices in your life to help facilitate that like I just sent an email out to our newsletter and if you haven't joined you should head on over to one big happy live.com and sign up but talking about the five hundred and sixty-six thousand dollar mistake that I made which is that when I was 18 years old I didn't start saving $100 a month back then if I had I would have an extra half a million in my retirement account account at traditional retirement age just a hundred dollars a month and I absolutely could have saved $100 a month back then had I been more responsible with my money even though I was only making $14,000 a year I totally could have saved $100 a month yeah and kind of going hand-in-hand with that mindset that the belief that you can build wealth no matter what position you're in is then the next step making that commitment to start that saving and in any amount of success is broken down into habits and getting better habits create more success and so even starting small investing a little bit of money starts that habit and like Tasha said if she had started when she was 18 the habit doesn't have to be huge just a hundred dollars and has mega impact a half a million at retirement is a lot of it so we're gonna pause just gonna check on what's happening with the puppy hold on a minute all right now he's back so next you're gonna want to actually crunch the numbers so we see a lot where people talk about they feel like they're not gonna be able to accomplish this or that financial goal but understand that the great thing about personal finance right is that you can in theory take all the feelings out of it and start by actually just looking at the numbers so we teach in wolf Builders Academy how to know your numbers so you don't have to feel like you can't save you can look at your numbers and start crunching them so that you can see first of all exactly how much you need to save because you don't necessarily have to hit the same savings goals as us right you want to make a plan that is tailored to you and then also see where in your budget you can tweak and out completely outside of your feelings and sticking entirely in the numbers so the first step to getting rid of those feelings of overwhelm and feeling like you can't do with this or that thing is to start by understanding and knowing what you can factually and actually do according to your numbers yeah and of course Tasha's dancing around one of the other things that you need to do which is take those numbers and incorporate them into your plan so your budget specifically hopefully your one year spending plan because that is the best way to get your overall picture of what's gonna happen for the entire year and make sure that something is not gonna come up that unexpectedly later on because you have a full year plan for that alright so now that we've talked a little bit about some of the mindset type issues and you should definitely check out the other videos that we have done in this series because we have been sharing golden nuggets along the way now we can talk about some really specific financial principles that we've that we employ one of the things that we've done to ensure that our nest egg is growing the way that it should be we've taken a look at which accounts we have been investing in and made some strategic rollover its meaning we've taken money from one type of account and moved it over to another and the reason that you might want to do this is looking for investments that have lower fees or just better returns and recently we have had both happen to us so we moved some money from one of Tasha's retirement plans into another because it had better returns and and a lot more options for investing on top of that and then we are about to make another rollover away from an investing company that says they're gonna start charging us $250 per quarter when they're not advising us they're doing nothing or money's just sitting there and some ETFs so we're gonna move it over somewhere else that doesn't have any fees so the next thing and we talk about this a lot because it's a big one if you crunch your numbers and you recognize that based on your current I am also sick and I'm on the verge of sneezing hold it hard time you mean our current house okay so based on your current financial picture if you look at your numbers and you're not able to hit your minimum savings rate you're not able to hit those savings goals then one of your best bets is to look for ways that you can grow your income and that doesn't necessarily mean side hustling it could mean and we highly recommend growing your income in your day job another thing that you should definitely do to help your in saving and investing habit is to go ahead and automate your savings so contact your employer's HR department if it's that big or just your boss and say hey I would really like my retirement investing to just come straight out of my paycheck where I don't even have to think about it and then have it just go immediately into the investments that you want hopefully you have that option as well the more steps that you can take out of your decision-making process the better it is and so you can you know make these decisions when you are you know best equipped to decide hey this is plan as opposed to you payday when you got that money you're like oh my gosh it's payday I want to go do this I'm gonna go out and this is hard to make those decisions so go ahead and automate it have automatic transfers so much better and then lastly don't be afraid to reevaluate your goals as necessary so a few years ago when Joseph and I decided that we wanted to bump up our minimum savings we were actually thinking that we might go ahead and retire early like retire in our 40s with just a million but over the years our vision for our lives has really changed and we realized that we enjoy doing things that cost more money things like being able to travel internationally even right now it's once a year but maybe multiple times a year things like being able to donate generously to causes that we believe in and so for us just stopping at that million and then retiring and living on like thirty thousand dollars a year which is very valid but you know we've just decided to pivot and so for us that meant we're not gonna stop working in our forties we're gonna push on probably to our 60s and Beyond and so the choice that we made is okay how can we live fulfilling enriching happy lives and continue to work and continue continue to build our nest egg in a way that makes sense and feels very natural and authentic to us yeah all right I hope that you take all this advice and our experiences to heart and can save however much you want for your retirement dream life and don't forget to sign up for the money master class at one big happy live.com slash masterclass see you next week right

HOW TO STOP SPENDING MONEY 💸 (15 tips to stop impulse shopping + save money with minimalism)

**HOW TO STOP SPENDING MONEY 💸 (15 tips to stop impulse shopping + save money with minimalism)**



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Do you have a problem with impulse spending and shopping? Do you buy things that you don’t need? Well, it’s time to stop shopping for things you don’t need, so you can start saving some money for the things that matter most. In this video, I will share 15 easy and practical tips to stop spending money aimlessly, so that you can finally save some cash and reach your financial goals.

In my 20s, I used to shop impulsively and buy all sorts of things on a whim and I didn’t even end up using the majority of those things. In my 30s, after adopting minimalism, I’ve changed the way I spend money drastically and that has helped me save thousands of dollars.

In this video, I’m sharing my personal experience as well as the tips that have helped me cut down on spending on things I don’t really need. If you have any tips for impulse shopping, let me know in the comments below.

#minimalism #savemoney #simpleliving

If you liked this video, you should subscribe!

To good health,

Ria

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Five thousand, four hundred dollars a
year. That is $54,000 in a decade! That is money that could go towards retirement
savings accounts, emergency funds and even a mortgage down payment. So if you feel
like you're wasting your money buying things that you don't need and the
impulse shopping is getting out of hand – then this video is for you. I'm going to
share 15 easy and practical tips things that I've done and I hope that they help
you too. Hello hello! Welcome back to The Whole
Happy Life. I'm Ria. So I wanted to create this video because I used to be
such an impulsive shopper when I was younger. I spent so much money and I wish
I have known these tips before because I could have saved maybe thirty or forty
thousand dollars in my twenties. So I hope that these tips can be useful to
you. As always, with money things are a little bit different for everybody so
take what you want from this video and leave the rest out. And before we begin,
let me know in the comments below what is your biggest impulse purchase. The one
that you regret the most. I'm really curious to know – let me know in the comments
below. Let's begin. Tip number one – don't shop when you're emotional or when
you're really stressed. I think it's so easy to use shopping as a way to feel
better – as a quick pick-me-up… retail therapy.
But the problem is shopping and retail therapy is not effective. It's short-term –
you'll feel good for maybe a couple hours… maybe even a day or two but after
that you're back to your normal self. So I think retail therapy is prohibitively
expensive if you're an impulse shopper and it's just a good idea to find other
things to do to deal with those emotions. So let's say you're feeling sad – instead
of going to the mall maybe talk to a friend, watch a funny movie on Netflix
that you enjoy – do something else that doesn't involve spending copious amounts
of money. And if you're feeling stressed there are other things that you could do
that don't involve spending money. Go for a walk in the park. Go for a workout. Do
some self-care at home. Things that you could do for free.
Tip number two – don't shop out of sheer boredom. I can't tell you the number of
times I've gone to the mall because I was bored. I thought I was only going to
window shop and that window shopping quickly became real shopping. When you're
at the mall, you're in a place of temptation and if you're someone who has
a tendency to purchase things impulsively it's really hard not to buy
things, so don't put yourself in that position. Don't go to the mall when
you're bored – find other things to do. So as an example if you're an introvert –
maybe journal writing, reading, watching a movie at home… that might be something
you could do when you're bored. Or if you're an extrovert, you could go out in
the city and find free things to do. There's always something to do for free
in every city or town – just find those things to do and don't go shopping.
Because if you go shopping you're probably going to spend money that you
don't need to spend. Tip number three – shop with intention and with a very
specific list. I've noticed that when I shop without a list, I tend to get
carried away and I do make a lot more impulse purchases, but when I make a list
and not just a generic list but a very specific list… I'm less likely to get
carried away. Tip number four – when you're shopping online, avoid creating an
account and storing your credit card information. So a lot of times when you
shop online, shops want us to create an account. That way you have the name,
address and credit card information stored, so the next time you want to shop
with them it's just the matter of a click of a button and it becomes so easy
to shop. The problem is if you are an impulse shopper, it's a little too easy
to shop. So if you want to avoid those impulse purchases, my suggestion is check
out as a guest- not as someone who has an account. By checking out as a guest you
have to physically enter your name, your address and your credit card information
and let me tell you, I have abandoned so many shopping carts in the past because
I was too lazy to get my credit card out of my wallet. So there we go.
If you're an impulse shopper, this can act as a deterrent, so just try to avoid
creating accounts and check out as a guest instead. Tip
number five – embrace aspects of minimalism. I think out of all of the
tips in this video the one thing that helped me the most is becoming more of a
minimalist. I do recognize that it is not for everybody but at the same time we
don't need to completely become minimalists. Some of us may just want to
embrace aspects of it. I think minimalism is a spectrum – we can all do it in our
own way and if it can help you become a little more intentional, help you become
a little more aware and mindful of your purchases – why not? If you're interested
in learning more about practical minimalism, I do have an e-book and
workbook on it which I'm going to link in the description. And don't buy the
workbook impulsively. I don't want you to do that! Buy it if you really feel like
it's going to help you and it's gonna add value to you, otherwise you don't
need to get it. Tip number six – try to buy from stores that have a return policy
and keep the receipts. I can't tell you the number of times I have purchased
something and then I've quickly regretted it the next day and I couldn't
return it because store did not have a return policy or I lost the receipt or I
took the tags off. So my suggestion is don't take the tags off, keep your
receipts for at least for 7 days and try to avoid buying things from places that
don't have a return policy. My philosophy now is if it doesn't have a return
policy, I'm not buying it. I don't buy things on final sale because that is how
you end up buying things you don't really need. Tip number 7 – sleep on the
decision especially if the item is above $100. So I have a rule – if an item is
above $100, I do not buy it the day I see it. If it's at the mall or online I won't
buy it. I will sleep on it for at least a day if not two or three nights and I
can't tell you the number of times I've completely forgotten about the item in
two or three days. So give yourself a little time to think through that
decision and who knows you might change your mind.
Tip number eight – avoid joining email lists. A lot of times when you shop
online or even in the store – stores will ask us for our email address in exchange
for a coupon or something of that sort and the problem with that is while that
coupon may seem very nice in the beginning they're going to keep sending
you emails again and again and you're going to end up buying more things. Things
that you don't need. So my suggestion is to unsubscribe from all of those email
subscriptions so that you don't have to face temptation all the time. I think for
an impulse shopper the biggest thing you can do is remove the temptations. By
removing the temptations you're just not going to shop as much. Tip number nine –
don't shop with friends that push you to buy things that you don't need. Now we all
have friends that help us make really good decisions – go shopping with them but
then we also have friends that make us buy things that we don't need. They kind
of push us into impulsive purchases and they tell us that everything looks good
on us… when in fact it really doesn't. So don't go shopping with those people. I
actually bought a pink poofy wedding dress ten years ago. It was horrible.
I got persuaded by my friends and my husband had a look at that dress and he
was just like" oh my gosh what were you thinking? ". So thankfully that was not
actually the wedding dress I wore on my wedding day but I learned a lot from
that experience. Do not go shopping with people who you
don't really trust in terms of their opinion and who push you into making bad
decisions. Just avoid shopping with them. Tip number 10 – always check reviews for
items that are above $50. So I've a rule – if an item is above $50 I won't buy it
until I check the reviews even if I'm in the store. I will take my phone out and
I will try to check the reviews because this way I'm not making a purchase that
is somewhat expensive without knowing everything about it. I think the thing
with reviews is you've got to check both positive and negative. It's so easy to
just read the positive ones and think "hey this item is great". No. Read the
negative ones too have a balanced view and then make your decision. I have
purchased a lot of things without checking reviews and then I deeply
regretted it later, so try to avoid that. Stick to that
rule whatever dollar amount it may be. For you it might not be 50 – it could be a
bit different but stick to that rule. Don't buy it unless you checked the
reviews. Tip number 11 – remind yourself of your financial goals before you go
shopping. If you don't have financial goals then I do suggest having some – just a
number and what you're saving it for. I think it can be very helpful in changing
your mindset about money. I didn't have financial goals before so I used to spend
because I didn't really care but now I do
and I remind myself of my financial goals regularly and because of that I'm
less likely to make impulse purchases. So my suggestion is if you don't have goals…
sit down and think about what your goals might be. It could be something really
simple- I want to save $5,000 for an emergency fund. Whatever it may be just
write it down and think about it regularly so that you know what you're
trying to do and you're going to be less likely to get carried away with your
impulse purchases. Tip number 12 – re-evaluate what you already own the
next time you're shopping. So as an example let's say I'm shopping for jeans
and I see a nice pair of jeans… it's very easy to get carried away thinking "hey
it's on sale. It looks good. I need it." But then take a moment to re-evaluate
whether or not you already own something that's similar. Sometimes you actually
have the exact same color at home and you don't really need that extra pair.
Tip number 13 – think about your worst impulse purchases and make a list. I made
a mental list of the worst impulse purchases I've made and that list really
really helped me change my mindset. I realize how many impulse purchases I
forgot about and once I made that list it reminded me of how much money I had
spent and how much I deeply regretted those purchases. So if you're someone who
makes a lot of these impulse purchases just make a list and take it one step
further. Put that list in your wallet so the next time you're actually tempted to
spend some money you're going to have that list right in front of you. And
maybe …maybe it will act as a deterrent and you might not end up making that
impulse purchase. Tip number 14 – get to the root cause. If you have tried
everything in this video as well as tips from other people and you're still
struggling with your impulse spending maybe it's time to take a step back and
figure out the root cause. It could be something like anxiety. It could be
something like sadness. It could be a multitude of different things but you
need to figure out the root cause so you can work on a solution. If you need help,
maybe it's time to talk to a therapist. Tip number 15 -make it a game with a
jar method. So this is something that I recently started and I've been enjoying
it. So every single time I avoid an impulse purchase, I write down the item
and the dollar amount and put it on a piece of paper and stick it in the jar. And
then at the end of the month I look at all of the little pieces of paper in the
jar and tally up the amount that I avoided spending. So last month I avoided
spending two hundred and fifty dollars- which is not a small sum of money. It
actually is quite a bit especially if you end up saving that much each month.
So I'm going to continue doing this and hopefully by the end of the year I might
have a couple thousand dollars saved up. This is just a fun little thing that you
could do to reward yourself every single time you avoid an impulse purchase. Thank
you for watching this video, if you enjoyed it please do give it a thumbs up
because that helps me a lot and if you haven't subscribed already, please do
consider subscribing. And you can find the link to my minimalism ebook in the
description as well as the pinned comment I will see you in the next video which
will be about boosting your iron levels naturally without pills. See you then. Bye!

How to save money online: Book flights and trains at the cheapest times

**How to save money online: Book flights and trains at the cheapest times**



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Find out how to save money online with voucher codes:

Learn how to save money on train and flight tickets by getting your timing right. The cheapest time to book train tickets is 12 weeks in advance and with flights it’s five weeks before departure. You can also save money on travel by setting up email alerts to get advance notice of the best deals. Or by downloading an app for your desktop or mobile that will notify you when prices drop.

For even more ways to save, watch our money-saving tips below.

Find out how to save money at online outlets:

Find out how to save money online by setting up price drop email alerts:
whenever you're booking a train or flight ticket it pays to get your timing right. The cheapest time to book a flight ticket is often 5 weeks before and with a train ticket it's twelve weeks. You can even set up reminders, so you don't miss the cheapest seats. make sure you're better off online.