3 SKILLS To Collect Pokemon Cards On A Budget!

Рет қаралды 8,643

Күн бұрын

3 PRO Tips to collect Pokemon Cards on a budget.
We live in a unique time period. We are now able to collect cards and get ourselves in debt more easily than ever before. Buy Now Pay Later services allow us to acquire things we want without having liquid cash.
This can become quite problematic when looking to add to your Pokemon Collections, so in this video, I uncover three Pro Tips for building your collection on a budget.
In this video, I go over collection goals, avoiding debt, and not falling victim to the Diderot effect.
VIDEO CHAPTERS ⏱️:
00:00 Pokemon Cards Are Expensive
00:43 The Issues Collectors Face
1:50 1: AVOID Buy Now Pay Later Services
2:48 BNPL Preys On You
5:33 2: The Diderot Effect
7:10 How To Avoid This Trap
7:46 3: Non-Chase Cards Are Winners
9:18 Bonus Tip
10:37 The Journey I Have Been On
If you enjoy topics such as Pokemon Collecting, Investing, and other news related to Pokemon Collectibles, feel free to subscribe!
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/ @phillips.collectibles
VIDEO CREATED BY DREAM DROP STUDIO | MELBOURNE VIDEO PRODUCTION:
www.dreamdropstudio.com.au
Disclaimer: This video represents personal opinions and should not be considered financial advice.
#PokemonInvesting #Pokemon #ScarletandViolet #PokemonTCG #PokemonCollectibles

Пікірлер: 114

@butterfliesinspace 29 күн бұрын

Credit cards and "buy now, pay later" is the devil (for those who lack self control)

@phillips.collectibles 29 күн бұрын

Couldn't have said it better myself mate. Pinning this for others to see.

@butterfliesinspace 29 күн бұрын

@@phillips.collectibles your videos are so incredibly helpful to me as a returning collector who is starting over from nothing and with nothing.

@woooooaaaaaaaahh Ай бұрын

Now that I'm older and make good money, I've been trying to reclaim my childhood. Pokemon has been a big part of that, I've gone pretty deep recently getting all of my favorites from my childhood while also trying to complete multiple master sets. Your videos helped me chill out and bit and enjoy it slowly instead of rushing. Keep it up! ❤

@phillips.collectibles 29 күн бұрын

That's awesome!

@Thomstmi 24 күн бұрын

I’ve game-ified my Pokemon budget. Every mile I run earns me a dollar. Every visit to the gym is $5. Gives me extra incentive to stay fit and healthy while keeping my spending under control. Usually works out to ~$100/mo, but forces me to “earn” it. Also keeps ridiculously-high-priced cards in perspective…

@phillips.collectibles 24 күн бұрын

That's awesome. Very smart technique.

@spidermn17 29 күн бұрын

As someone with adhd that Diderot effect man. Is my whole my life. Makes collecting so hard because I need everything

@phillips.collectibles 29 күн бұрын

Gotta balance it out!

@theoneandonlyconnection 24 күн бұрын

Same! 😅

@justinalexander4166 29 күн бұрын

Pokémon is by far my most expensive hobby but it’s also one of the few that will pay me back with profit

@Swiss_sw Ай бұрын

Didn’t know it was called the Diderot effect, but that is a great point! I have had that thought several times while collecting. To counter that, I make a list of everything I want for my collection. If I see something I want, I check the list to see if it is there, if not I usually think it’ll lead me off track of collection goals. Great vid as always!

@totoro842 Ай бұрын

These are all my mistakes from previous moments i started with pokemon collecting... too accurate man, this video is must see for beginners with no doubt

@phillips.collectibles 29 күн бұрын

I think we’ve all made these mistakes at one point in time….it can be a very addictive hobby!

@samersalama6275 29 күн бұрын

I thought I had a good understanding about credit cards and not getting into debt. It still didn’t stop me from piling up credit card debt years ago. I learned the hard way but I paid it off and made sure I didn’t slip back into it. It’s not Pokémon related but it’s a lesson I learned and continue to remember when purchasing product for any hobby.

@phillips.collectibles 29 күн бұрын

100% Samer. We all learn the hard way though!

@IneptCardCollector 21 күн бұрын

Same here. I didn't realize that I was going over budget until I actually looked at the totals since the individual purchases weren't crazy.

@samersalama6275 19 күн бұрын

@@phillips.collectibles agreed!

@stevehoff3837 Ай бұрын

Just a question of time when your channel blows up Phillips. You are killing it with these videos, keep it up!

@IneptCardCollector 21 күн бұрын

4:30 spot on. Being in debt over cardboard is a really regretful thing for me. I took a long break due to going to an Army school, and in that time the crash had begun. Big wakeup call for me. 100% correct about the coping mechanism as well. I have PTSD and insomnia, and my purchasing was insane when I was going through downward spirals over the years.

@duivel100Sam Ай бұрын

Thanks! Setting a monthly budget limit for me together with my girlfriend helped me out a lot and builds trust between us. It also makes the purchases you get to make more rewarding. It indeed is an expensive hobby and it helped me to really decide whether the purchase I would make was really worth it.

@phillips.collectibles 29 күн бұрын

100%. Great advice here regarding the budget.

@gerarddowd318 27 күн бұрын

A very important piece of content, I recognise two of the behaviours you listed in my recent purchases and will take steps to curtail them. Thank you!

@Reggicyde 27 күн бұрын

I’m a victim to all these points and it was scary how accurate you were with the example of the Diderot Effect cause I had just purchased a Paldea Evolve booster box to chase that Magikarp WHILE checking out with a pay in 4 plan 😩

@phillips.collectibles 26 күн бұрын

It’s about pacing yourself my bro!

@MieXuL Ай бұрын

Phil, thank you for this one. I hadn't opened a pack in about 25 years until a month ago. I have spent atleast 5k since I started on this recent adventure. It's easy to keep chasing the high you get from pulling a really good card. I've been just trying to stop opening my boxes and leave them sealed. I think the chances of me winning on sealed is atleast 2x better. And the chances of me keeping my money by not spending at all are even better but not as fun. Lol

@newjones1754 Ай бұрын

Did you spend 5k on Pokemon the first month?

@MieXuL 29 күн бұрын

@newjones1754 yep. I have probably 20+ boxes still sealed. I bought a bunch of 151 at the reprint. Also opened a ton too. I've opened 15 151 booster bundles 2 upcs, 5 twilight masquerade boxes, a few tins and single packs and 1 night wonderer.

@phillips.collectibles 29 күн бұрын

100%. Its very easy for this to blow out of control. Pace yourself the cards aren't going anywhere!

@MieXuL Күн бұрын

@phillips.collectibles I looked back at this comment and laughed. I ended up opening every single box I had. I quit opening boxes then my wife surprised me with a box. Lol. We now call it pokecrack.

@kotlyt7793 29 күн бұрын

i started collecting pokemon cards 2 months ago and goddamn, i'm so lucky i've found you on youtube at the exact same moment. Your videos are so damn helpfull. You're the only pokemon youtuber that shows things how they really are (from what ive experienced so far)

@phillips.collectibles 29 күн бұрын

I appreciate that! Thanks for tuning in.

@THE1ANDONLY-ji6le Ай бұрын

Great advice like always thanks. Great video!

@wertyman60 24 күн бұрын

I have been saying that single player video games bit to friends for years! I’m glad to hear it come from someone else for once 😂 great investing advice! Thank you!

@phillips.collectibles 24 күн бұрын

Couldn't agree more! Its honestly my biggest life hack to save. I’ve been playing Xenoverse 2 for like 3 months now! 👏

@blakehonaker83 27 күн бұрын

Your videos truly speak to me. As a person that tends to have FOMO while also not having a huge budget for the hobby, I am really trying to learn ways to maximize my profits while also not spending more money that I really should. Love seeing your new videos when they pop up!

@phillips.collectibles 27 күн бұрын

You can do it! I appreciate that my bro.

@theoneandonlyconnection 24 күн бұрын

Problem is rushing trying to grab everything you missed out on before you started collecting and spending waaay to much!!!

@phillips.collectibles 24 күн бұрын

I feel ya!

@danielbownik Ай бұрын

What helps me is having a series of questions that I try to remind myself each time I'm contemplating a card purchase. Do I feel comfortable spending x amount of money? Is it a character I like? Does the artwork inspire creativity? Is the artwork so immersive I could spend 5 minutes looking at it straight from time to time? Is it a good investment? Is the cost relative to what others are paying for it?

@phillips.collectibles 29 күн бұрын

Great questions to ask yourself

@guyman5755 14 күн бұрын

Love the level headed advice. It’s nice to see in this space. Life advice wrapped in a nice Pokemon package 📦

@phillips.collectibles 14 күн бұрын

Absolutely! That’s this channels premise.

@charlesbird2403 29 күн бұрын

That’s actually well said haha specially in our situation 👍🏼 very good tips

@D4rkKnit3 26 күн бұрын

Thank you for touching base on the Diderot Effect! I have never heard of it but it explains so much about what I wind up doing when collecting / buying singles. I was trying to complete the Galarian Gallery; however, I kept wanting the big chases. I was able to get Glaceon GG before it exploded but missed the chance on Leafeon. Also thank you for pointing out the buy now pay later dilemma as well. I've been trying to save money for big chases and always considered "well... I can buy it now and pay later while saving", never works out lol.

@phillips.collectibles 25 күн бұрын

Every time you use BNPL you’re only robbing from your future self!

@Grenjitenji 29 күн бұрын

Getting back into this as I am seeing my older brother and his friends get into it has been pretty cool. Seeing how they collect there are some neat takeaways but also actions I personally wouldn't and couldn't do with my budget. Imo I either wait for my budget to increase for the cards I want and if the cards accumulate in value by then, there will likely be other cards on my watchlist that will fit into my budget. There really is no rush if you just want to collect for fun.

@rtwoody93 29 күн бұрын

Phil - really appreciate this video and the fresh perspectives your content brings to the hobby!

@phillips.collectibles 29 күн бұрын

Appreciate that!

@javierzayas8345 28 күн бұрын

Love this video. I wish more content creators would make videos like this to remind people to keep a level head while enjoying the hobby.

@phillips.collectibles 28 күн бұрын

Well said! I appreciate you watching the video.

@karlgruenewald 29 күн бұрын

Great video; I hear you on the single player video games. When our daughter was born, my wife and I bought a Switch and Breath of the Wild, which felt like a huge purchase at the time. But we spent 1000+ hours playing that game all together on the couch (often in the middle of the night). Money well spent, we still look back fondly on those memories.

@phillips.collectibles 29 күн бұрын

That is awesome! And you know what it was one purchase...what awesome value. Love your contributions!

@GigaChadow Ай бұрын

These are some great tips! I’d also add too that hobbies start personal and they should stay personal. Just because someone buys a case of booster boxes doesn’t mean another person has to. If collecting in your means makes you happy, then let that be what your hobby is and don’t compare yourself to others. I think you said it best in another one of your videos, comparison is the biggest theft of joy. Keep up the great content!

@phillips.collectibles 29 күн бұрын

Absolutely!! So weird you mention this as its a topic of a future video! Thanks for tuning in.

@silen4809 18 күн бұрын

Thank you for your honesty. Very helpful video.

@phillips.collectibles 18 күн бұрын

You are so welcome!

@hishamarafat7217 28 күн бұрын

I'm gonna say it again. I've never looked forward to videos from any channel in my life, ever. I watch your videos like I do my episodes of my favorite shows. I look forward to them. Finally someone with intellect and real insight to the hobby. Someone that can actually describe a card with more than just "wow, thats so cool looking". Finally someone that explains patterns of art and artists, financial advise, dos and don't that actually have concrete RELATABLE AND REALISTIC experiences, tips, and advice. Keep up the great work Phil!

@phillips.collectibles 28 күн бұрын

I appreciate this my bro! Thank you so much you’re a legend.

@hishamarafat7217 27 күн бұрын

You're welcome brotha. It's great to be able to sit next to my wife or parents and listen to your videos, and literally have them interested in a Pokemon video. "That sounds like great advice. What class are you taking?" Said by my father! Way to put respect on the hobby.

@phillips.collectibles 27 күн бұрын

@@hishamarafat7217 that's awesome! Some great feedback. Appreciate your support!

@totoro842 29 күн бұрын

Also as someone who priotized pokemon card as first thing in my life unconsciously, the people around you will know it even if you dont admit it. My girlfriend was hurt because 70% of all my money went to pokemon related things and spend most of the time for pokemon. Guys, dont forget this is just a hobby and you are NOT owning pokemon card shop

@Wainwright95 Ай бұрын

When I got into the hobby (around 9 months ago) I would just want to buy anything I thought was cool, granted these weren't all the expensive hitters, but your point about The Diderot Effect was really good. I always felt like I wanted something else. I think setting a goal like "I want to complete x set by spending £40 a month" has been the best way I have found to limit my spending. If I want a card that's £60, then whatever I don't spend in 1 month, can be then invested in the next to help me get those more expensive cards

@BailyJustice 26 күн бұрын

You’re a great man for creating this video 🤝🏼

@taylorstutz1904 29 күн бұрын

Gteat video man! I appreciate you speakign some sense to the community. It can become toxic and you dont realize it till its too late 😅😅😅

@fozzersman 29 күн бұрын

Probably one of your better videos especially when you mention oh I'll just buy the magikarp special illustration and oh then I've just got to buy the Eevee illustration too so there a nice pair! It's extremely easy to find yourself down £500 in an afternoon on eBay if you don't have a good grip on your finances.

@ramrampersaud8415 26 күн бұрын

Really great advice, thank you!

@phillips.collectibles 26 күн бұрын

You're welcome!

@Tsiotas_collection 29 күн бұрын

Great advices brother!❤ thank you

@phillips.collectibles 29 күн бұрын

My pleasure!

@CatCorner28 29 күн бұрын

What a high-quality video! I can tell this channel will be big! :)

@phillips.collectibles 29 күн бұрын

Wow, thanks! Appreciate that.

@ginobambule8264 29 күн бұрын

great video again....thank you... but I have a question, do you know anything about whether there will be a Paldea Evolved reprint in the near future???

@phillips.collectibles 29 күн бұрын

Not that I know of - though I assume it will its only a year old

@Shiny_Luxray 29 күн бұрын

thanks for the advice :)

@phillips.collectibles 29 күн бұрын

Any time!

@puttputt93 28 күн бұрын

Good Video. I never do the buy now, pay later on anything. Can be dangerous for sure. I play a lot of single player games to, can always find good ones on sale

@phillips.collectibles 28 күн бұрын

It really isn't good.

@EXM123 29 күн бұрын

Really great points. Definitely do not want to endanger your livelihood for Pokemon cards as much as we love them.

@phillips.collectibles 29 күн бұрын

Exactly!

@bluegreen391 29 күн бұрын

BEST TIP: Learn how to sell. Budget to buy is what sold. Sell the low end to mid cards you can live with out when they spike. You can sell an old booster box, buy current box then keep difference. Also self grade. It becomes sustainable. I collect pkmn alt arts and weiss signitures. Havent put in new money for 4 years.

@TheCollector123 29 күн бұрын

nice budget collectors video.

@JH-cb2zf 14 күн бұрын

Skill number 1, resist FOMO

@AKcam7 24 күн бұрын

Great tips!

@phillips.collectibles 23 күн бұрын

Appreciate that!

@RandomGeekCollections 24 күн бұрын

Great informative video.

@phillips.collectibles 23 күн бұрын

Appreciate that! Hopefully it was helpful.

@nicholascatalano6378 13 күн бұрын

Budgeting is crucial. I normally wull collect cards i like for my personal but also to invest but not at once. The lower end IRs thouggh im grabbing cause they are super cheap. Thank God i dont get hit by that Diderot effect. If i buy a boosyer box i dont feel lile spending another 200 on the chase 😅😅

@dcsoda1 Ай бұрын

If collecting is what you’re most interested in you should really look at Japanese. For the SV era I’ve been getting all the ARs for a new set in a lot for less than an ETB. Then I open some English stuff and any illustration rares I get are a bonus. I got ones like Eevee and Gastly for 3-4 bucks a piece.

@KarlKarlson93 29 күн бұрын

How do people dose the amount of Pokemon packs to open? Vs investing/ keeping sealed?

@MrWhitmen1981 29 күн бұрын

I blew a lot of money on Pokémon cards one week. But I make up for it in the aggregate cheap fuel, cooking for myself, deleting Uber eats is the fastest way to get money. 😂

@cameleonxxl8456 28 күн бұрын

I would go in debt, buy Moonbreon at 1000$, sell it at 2000$ and make 1k$ profit 😂

@phillips.collectibles 28 күн бұрын

The real way

@RoachesPokemon 19 күн бұрын

great videos for a man like me

@IDontKnow5830 21 күн бұрын

Where can you check prices older than 1y?

@phillips.collectibles 20 күн бұрын

A lot of the places aren't accurate

@DeimosCZe 28 күн бұрын

hi, I read the book you recommended, the psychology of money by Morgan Hausel. The book was very interesting and above all written naturally, there were no complicated words or expressions that could not be understood. I wanted to ask if you know of another such interesting book to read. Thanks for the reply. Btw: it was the first book that I read to the end, I was very interested.

@phillips.collectibles 28 күн бұрын

One of the greatest books of all time! Thanks for tuning in

@DeimosCZe 28 күн бұрын

@@phillips.collectibles definitely, but my question was if there is another similar book that I should check?

@phillips.collectibles 27 күн бұрын

Atomic Habits

@DeimosCZe 27 күн бұрын

@@phillips.collectibles thank you

@newjones1754 Ай бұрын

What about Runescape? I haven't paid for membership in 10-15 years you can just buy membership with in game gp. So basicly free. I'm playing osrs last days and i'm enjoying myself greatly.

@phillips.collectibles 29 күн бұрын

That's a great one I forgot about bonds

@newjones1754 29 күн бұрын

@@phillips.collectibles If you ever wanna play i can give you some bonds :)

@phillips.collectibles 29 күн бұрын

Thanks newjones I haven't played since 2020…gotta look into it!

@jillvalentinedontcryformea8966 29 күн бұрын

Here in Asia everything is 2x the price only way to collect is import payment for shipping tax vat a 100 dollars item is 250 😂

@andrewturner7711 Ай бұрын

First!!!! Love your videos man. I'm working on my collection and selling at my second ComicCon event this year. Budgeting is definitely a challenge!

@MrMasterSet 28 күн бұрын

Tell me about it... trying to Master Set EVERYTHING is a rich man's... or a fool's... task! 🤣🤣🤣 Sound advice!

@phillips.collectibles 27 күн бұрын

How many master sets do you own?

@MrMasterSet 27 күн бұрын

@@phillips.collectibles Hey, Phillip! 👋 Currently... none! 🤣🤣🤣 I'm 95% finished Obsidian Flames and 96.4% finished SV 151... and ±60% finished all of the other sets from Crown Zenith through Temporal Forces. Like I said, a fool's errand, haha! My priorities are finishing SV 151 and Crown Zenith. As you say, I'm cautious with my Poke Budget and avoid the temptation to over-spend... and NEVER use debt. Slow and steady. That cards ain't going anywhere, and I'll get um in time.