7 Things I Stopped Buying to Make More Money

Рет қаралды 20,279

Күн бұрын

I’m in a financially good spot and it’s all thanks to autopilot spending habits I’ve cut out of my life. This way, the money that I save can actually work for me when I invest it in the stock market or put it back into my own business. In today's video, I go over 7 things I stopped buying to make more money.
00:00 Intro
00:15 #1 - New Car
00:45 #2 - Souvenirs
01:27 #3 - Unnecessary Luxuries
02:04 #4 - Fast Fashion
02:44 #5 - New Releases
03:38 #6 - Quick Fixes
04:39 #7 - Choose Your Vices
05:06 My Criteria for Spending
Disclaimer: Note this video is not financial nor accounting/tax advice and should be used for entertainment purposes only. Consult with your own financial advisor, accountant and/or tax advisor for advice related to your specific situation.
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Gabrielle is a CPA and Tax Expert, as well as the founder of Balance + Wealth CPA, a licensed CPA firm that specializes in Tax. Prior to starting her business, Gabrielle worked as a Tax Manager at one of the Big 4 Accounting Firms for 7+ years, advising Fortune 500 companies. Gabrielle posts weekly videos on personal finance, business finance, and tax tips.
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Пікірлер: 43

@digitraxanr 11 ай бұрын

Thank you for this informative video. Being retired from the motion picture industry, I am fortunate to have some passive income. However, Gabrielle's videos help me save money that can be used for things that are more fun. 😊

@chinhwankim 11 ай бұрын

Thank you~~!!

@musicsensei1793 9 ай бұрын

You absolutely speak my language, Gabrielle! Glad to hear someone shares the same principles and values.

@hooshangmaster 11 ай бұрын

just fyi you could rent almost any car on turo for a couple of days for like 3-400 bucks to satiate your curiosity. Also fast fashion exists to allow you to experiment with certain looks/styles without sinking in a ton of money. for example back in 2013 i was into rick owens but tried out cheap brands like allsaints, and random tees on urban outfitters. only wore those clothes like 10 times. I think we all go through phases and the only way to learn is to make those mistakes to help us realize what's wrong.

@sauravlahiry6951 11 ай бұрын

hi sis, ur videos are so informative and enlightening.

@rastaman39 4 ай бұрын

thanks for sharing your advice xoxo

@blackgrandpa7652 11 ай бұрын

Thanks Gabi for another informative video🎉

@kyuchangjo 11 ай бұрын

Thanks for reminding about the souvenirs 😊 I will try not to buy in my July trip.

@remuspierre7573 10 ай бұрын

Good advice

@kidkelson Ай бұрын

great advice thanks

@Heihei_In_Paris 11 ай бұрын

Great video as always, Gabrielle. Watching your videos is so much fun whilst learning the best practice of personal finance :)

@GabrielleTalksMoney 11 ай бұрын

Thanks 😊

@cerebrumexcrement 10 ай бұрын

very informative. i think im practical in my spending habits. my vice is im a lazy cook and i always want to eat something good. i wish i lived in a more walkable city. because everything is far from me, i tend to order food delivery which can really add up. when i traveled to tokyo, i actually spent less on food even though i ate out 1-2x per day.

@GabrielleTalksMoney 10 ай бұрын

glad you shared your vice! as long as it brings you joy and you save in other areas!

@yohanrinsly5694 3 ай бұрын

Social media is sheer marketing

@farzadabdolhosseini7049 3 ай бұрын

I feel like this is all just common sense, but I'm always baffled by how different people usually think. On fast fashion though: I seriously haven't found any brand that lasts long, but maybe I haven't been looking for long and I need to learn about the materials more.

@van-mf6zn 11 ай бұрын

good video. What if used cars cost as much as new cars?

@GabrielleTalksMoney 11 ай бұрын

I was referring to cars in general!

@BlackHand531 3 ай бұрын

When it comes to tech, audio equipment tend to be the ones that keep their value the most. Every other piece of tech get out dated within a year. That being said, always buy an old top tier model before, buying a new budget model. They're usually built better to last longer.

@sobeso 11 ай бұрын

With tech new releases it can be tricky these days, it could depend more on the person actual use case

@lindam.1502 11 ай бұрын

If it TRULY brings you joy, do it

@cerebrumexcrement 10 ай бұрын

im still using my iphone x. im holding out for the iphone 15. its wasteful to buy the latest release every single year though since the changes are so incremental.

@underthe1104 9 ай бұрын

Make your own coffee!

@nurseuniceRN 3 ай бұрын

Omg. I also want to buy a JEEP!😂 But yeah, as cool as it looks, I don't think I'll be using it frequently *for now, but let's see.

@mohammedosman88 11 ай бұрын

Thanks for your video. You are very smart and very pretty 🌹

@vinceqiu8240 11 ай бұрын

better to go with the FIRE route

@victormtzc 3 ай бұрын

It is fun to collect mugs!.

@TheExcalibur356 11 ай бұрын

God i love this woman.

@alleon76 11 ай бұрын

are you going to do a Q/A?

@GabrielleTalksMoney 11 ай бұрын

what sort of questions do you have?

@alleon76 11 ай бұрын

@@GabrielleTalksMoney I don't have a specific question, but typically youtubers do a q&a from time to time, to answer questions the viewers may have.

@hwangsta 11 ай бұрын

Golf retreats aren't worth it??? ERRONEOUS!!!

@GabrielleTalksMoney 11 ай бұрын

choose your vice! to each their own 😀

@mesuterturk5920 10 ай бұрын

i guess something wrong with me i am not doing any of this but i am still broke 🙃🙃

@enkadude 3 ай бұрын

Buy No Name potato chips as they taste the same!

@brianhill2676 11 ай бұрын

good common sense tips. I fall into the category of buying new cars. I keep saying I wont; do it again but end up doing it because I like the latest gadgets on cars. I like to buy a plug in to do my part on the environment but man they are expensive. i will keep my 2017 CRV and just drive it to the ground .

@lindam.1502 11 ай бұрын

Maybe delay this strategy until you have an electric car as it costs less to run and maintain

@fallen0509 11 ай бұрын

hot!

@hotchinahk 11 ай бұрын

I think we will get on well together, it is not how much money you make yearly, it is how much money you save yearly, if simple life make you happy, just be happy🙂

@mbank3832 10 ай бұрын

You’re a great wife material

@lucristianx 11 ай бұрын

I need a map because I got lost in your eyes

@GabrielleTalksMoney 11 ай бұрын

😆

@joerecto420 11 ай бұрын

Hi there Gabrielle, I really like your content; it's on point and very informative👏 🤍. Do you have a biz' mail and are you open for feedback? I just want to share my thoughts regarding on your videos if that's okay with you.