that helped me reach financial independence in my 30's (ideas to help you save money & retire early)

  Рет қаралды 815

Andrew Xu

Andrew Xu

Күн бұрын

In this video, I want to share with you 10 financial habits and mindsets (and some very useful tips and tricks) that had been instrumental to me when it comes to reaching financial independence. I'll also talk about how simple living can compliment your personal finance when it comes to reducing spending, and saving money, all the while being a bit kinder to our environment and improving your health (mentally and physically)! I hope the contents in this video can help you on your journey in pursuing a simpler lifestyle, to improve your health, and save a bit more money towards reaching whatever financial goals you might have, perhaps, retire early? 🙂
This list is just a small subset of the habits that I've acquired over the years, and is only what I can think of right now. If you can think of some of your own that I didn't mention, please share that with us in the comments so that we can help people in this community reaching their goals!
0:00 - intro
2:14 - the power of compounding
3:39 - delayed gratification
5:04 - prioritize savings (the opposite way)
5:43 - lifestyle inflation
7:07 - self-sufficient
12:00 - visualize your finances
14:09 - tax advantageous accounts
16:31 - company benefits
18:55 - stretch your dollar
20:49 - get rid of your car
Be kind to yourself. ❤️
2468
#simpleliving #financialindependence #financialhabits
Follow me on Instagram: / ndruxu

Пікірлер: 13
@Zeila1
@Zeila1 23 күн бұрын
that mental trick is going to rule over my life now. im going to always have second thoughts and be like "i could buy this orrrrr i could be earning 4% of that amount every year for the rest of my life."
@andrewxu
@andrewxu 22 күн бұрын
that's it, you got it! 🙂
@shikishina
@shikishina Ай бұрын
The 1 dollar = 4 cents annually thing is a nice mind hack motivational thing, thanks bro
@andrewxu
@andrewxu Ай бұрын
hey there, glad you found it helpful!
@dylanhsiao4986
@dylanhsiao4986 Ай бұрын
Let's GOOOOOOOOOO
@rachelafter30
@rachelafter30 Ай бұрын
Hi Andrew, congrats on making another great video!! Just a small piece of advice from my own perspective, I think if you can keep still a bit more, you will deliver a better presence. You can get the idea if you try to play your video at a 1.5x speed (I am not sure how many people consume videos in this way like me). Anyway, you are doing a great job! Absolutely love it 💗
@andrewxu
@andrewxu Ай бұрын
hey Rachel! Thank you for this feedback, it means a lot to me! I will definitely work on that as I look to improve being more comfortable on camera! I'm still insanely nervous when I make videos, but this whole youtube thing is giving me a good challenge. Thanks again for your meaningful feedback! Hope you're doing well, and I appreciate you, take care! ❤️
@chrischris9718
@chrischris9718 Ай бұрын
⁠@@andrewxuI watch at 2x hahah I do this for all YT vids to save time. Just be yourself Andrew you are doing great and helping folks like me 1 video at a time 😊
@andrewxu
@andrewxu Ай бұрын
hey Chris! Glad to hear my videos can be of help! And thanks for your words of encouragement! ❤️
@meirianto615
@meirianto615 Ай бұрын
great video! curious what mindset you're approaching work and purpose with now assuming you're already reached FI now that you don't have to work for money?
@andrewxu
@andrewxu Ай бұрын
hey there, seems like you've already asked this question in my other video. Just made a reply there, cheers!
@mydogisbailey
@mydogisbailey Ай бұрын
Why is your partner in the Netherlands?
@andrewxu
@andrewxu Ай бұрын
My partner lives there, so for now I split my time between Canada and the Netherlands to be together.
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