📝 Discover your custom path to financial freedom with your FREE personalized Wealth Action Plan → vincentchan.co/quiz
@jpd5430Ай бұрын
Where did you get your glasses with clip on?
@AMPProfАй бұрын
NO CHILD go gooche or go home.. Lolz naw grab slipper and broom and bucket
@christ.497729 күн бұрын
Another pro by not appearing wealthy is that you're a lessor target for theft or robbery.
@SafeEffective-ls2pl28 күн бұрын
Zuckerberg owns a private jet and almost an entire island in Hawaii Bezos owns a private jet and has a yacht so big they had to take a bridge down to get it out of the harbor. He just bought a $68M estate in Miami
@VincentChan27 күн бұрын
@@jpd5430 jins!
@jasongreenwood3260Ай бұрын
Oh, I don't just look poor....
@VincentChanАй бұрын
😅 what did you think of the video?
@jasongreenwood3260Ай бұрын
@@VincentChan I liked it and I agree. My ex-wife had a bad case of "keeping up with the Joneses" which has caused me to be hyper-sensitive to this phenomenon. Your videos in general help me keep things in perspective as my A.D.D. nature tends to make me lose focus on what is important. I'm too old now to expect financial freedom, but I hope to be able to instill good money practices in my (now grown up) children and maybe NOT leave them with any form of my own debt and maybe leave them with some kind of legacy. That's my motivation. Thank you Vincent!
@foxtrotwolf6081Ай бұрын
I do just look poor unless I compare myself to my neighbors. I wish I had an ex-wife, but then I won't just look poor. My wife always tells me not to go outside because I look too poor.
@fredp3088Ай бұрын
You're an over achiever 😅😂😂😂
@WillThrill13Ай бұрын
😭😭
@PetraHannerАй бұрын
My neighbours started being very generous recently, giving me lemons from their tree and free eggs. I asked why, my neighbour said they thought I was struggling financially because I'm driving a 10 year old Toyota Highlander. I didn't realise my car made me look poor 😂
@ridita522129 күн бұрын
They are nice people.
@Radoslav-gk7wu29 күн бұрын
Yes, cars are first parameter that neighboors value your wealth...
@mukhademonyo644928 күн бұрын
I mean.....they're nice neighbirs though with good intentions XD
@SafeEffective-ls2pl28 күн бұрын
I have a 2008 Highlander with 335K miles. Can I have some free eggs?
@mukhademonyo644928 күн бұрын
@@SafeEffective-ls2pl i mean. if you were my neighbor you would. Because my family has a chicken coop.
@Javy_Valen_TainАй бұрын
The less you want, the happier you will be 😊
@jamestrent-nw9zb28 күн бұрын
The best friend I have in my life is a balloon called Gary...who could ask for anything more?
@OGillo200127 күн бұрын
BATMAN
@ireeneua95615 күн бұрын
No expectations no suffering.
@Courtney-Alice-GarganiАй бұрын
My dad gave me similar advice. I should look poor. Never brag about your wealth. Never tell your siblings, cousins, and aunt's and uncles, you're rich because they want a cut of your wealth. The minute a person wins the lotto everyone wants a cut of that money. I still own my Honda Civic for like almost ten years now. I plan on driving that car until it completely breaks down.
@lewismcelroy6946Ай бұрын
I don't even go to gym instead home gym
@earlbee3196Ай бұрын
@@lewismcelroy6946 You need to get out more .
@Radoslav-gk7wu29 күн бұрын
@@earlbee3196 gym is indoor my darling ❤😂🎉
@margasessentials98626 күн бұрын
I still drive my 2005 Toyota Altis (although I have a newer, more expensive car) and I don't have any plans of letting it go in the near future. 😊
@MADMOGtheFrugal25 күн бұрын
@lewismcelroy6946 the gym is a worthwhile expense if you actually go
@Jimwood-tt2jeАй бұрын
My wife and I live in the same middle class home we purchased in 1987. We paid off the house in 1992 and have had zero debt for the last 32 years. We drive cars that are 8 and 14 years old. Since we are retired, we have no need to buy new clothes and we have every thing we need. I have no doubt our neighbors and friends just think we are two older retirees just struggling to get by like most retirees today. I have absolutely no problem with these individuals thinking we are just getting by day to day. The reality is my wife and I have a net worth of more than $5 million dollars but we want for nothing and we don’t need a new car or a bigger and newer house. We are extremely comfortable living the way we do and have no need to impress others with our wealth.
@user-me5mq3hj9nАй бұрын
Before retiring did you think you'd have that much in retirement? And as of right now how much do you think one would need saved up to live the life you live(also no debt and house paid off)?
@7oeseven793Ай бұрын
Yeah that’s not as simple in 2024. You had the advantage of being alive before all that house inflation.
@Jimwood-tt2jeАй бұрын
@@7oeseven793 While I agree home prices make it harder today. Our daughter and son-in-law are both in their mid-30’s He works for a large Fortune 500 company and my daughter is an assistant principal at a high school. They have two children and they have never asked us for any money. In fact my daughter has no idea how rich we really are and she won’t know until we are pushing up daises. We always felt that she should be responsible for making it on her own without relying on our money. They live in a home that is now valued at $1.3 million and my son in law told me the house would be paid off in a little over 3 years, They live on 70% of their income and invest the remaining money each month. My son in law asked me when they were engaged how I was able to retire as young as I did. I told him to always live well below your means and to stay out of debt. The only debt they have at this time is their house payment. Since they use the same financial advisor we do, I know they have at least $500,000 in investments because that is the minimum amount needed to invest with that particular advisor. So while it might not be as simple today as it was when I was younger to grow your money. It is still very possible if you have the skill set needed in the job market and you are willing to be frugal with your money instead of trying to impress others by living beyond your means.
@jp_jas27 күн бұрын
On the other hand - it’s sometimes counterproductive to think only about saving and not enjoy the fruits of your work. You can’t bring that money to your grave.
@Steffi45527 күн бұрын
Stealth Wealth i Like it. Congratulations Enjoy you're retirement
@LexPrima213128 күн бұрын
Looking poor - yes! I was enamored to buy my first ever luxury branded bag - I saved up for it, because I thought I deseve something "nice" to elevate my look. The time I entered the shop, sales ladies barely entertained me, I inquired but I felt they were very disinterested. Came an older lady, and their mood suddenly changed. The way they entertained that woman compared to me was disgusting- I had to leave. I had enough money to buy the bag in cash, I honestly felt really bad for myself. So bad, I abandoned the plan and hated the luxury brand industry. I just bought more stocks with the savings and treated my mom for a weekend trip. Thank God they ignored me - indeed a blessing in disguise! Never looked back to luxury brands. Ever!
@dforrest450325 күн бұрын
That’s a great lesson, both for you and the salespeople.
@content_watcher_only24 күн бұрын
1 calamity will destroy all your material things, you did a great job.
@hblee8824 күн бұрын
Great story! And the Wisdom to appreciate this lesson of life. Kudos to you.
@cataboss828821 күн бұрын
👏👏👏
@CUBETechie21 күн бұрын
I don't care about luxury brands. Clothes should be comfortable, practical and suited for the tasks
@ryan-patel22 күн бұрын
Most important thing “knowledge” do not hesitate to invest in some good money books like “The Hidden Truths Of Wealth” that book helped me to start my first business, I have never read anything like money secrets which are in that book
@lextergarrielumanito464922 күн бұрын
Bro you're taking it out of context, "Reasons Why Looking Poor Is Important "
@alturki92822 күн бұрын
IMPORTANT this guy is most likely a fake account trying to make it look like this book is helpful. Do not buy this book as this is most likely a scam. Just dislike the comment
@ryan-patel22 күн бұрын
bro stop talking shit if you haven't read the book
@Azel247Ай бұрын
I'm noticing something strange in the financial space on KZfaq. Many KZfaqrs are creating carbon-copies of videos within a short window. I saw the video on Middle Class Habits keeping you poor pop up on 3-4 channels a few weeks ago. Then I saw the same videos about net worth going up after 100k, then videos titled why 100k is not enough. About a week ago, I saw 2 content creators make videos titled "why looking poor is important" so I thought to myself "hmm, I wonder if this exact video will show up a few more time." Sure enough, here they all are. It's almost like there's a coordinated effort to flood the space with specific videos...
@NgerdgАй бұрын
I noticed it as well.. perhaps they just ran out of ideas, clearly they're not as creative as we thought. They've run out of imagination, they're just incompetent copycats. If they look at other influencers content and if the content is generating a lot of views, then they make the same video to get as much views as possible.
@try_2_b_kindАй бұрын
Yes. Nischa also uploaded a video 2 weeks ago with same title.
@colinrussell2017Ай бұрын
All of the self-help, finance, fitness, psychology etc. content on youtube has been studied, written about and shared for generations in good old fashioned books. None of the content is truly original, just repackaged for a new audience/generation. And I think it's great that it's getting out there for people to learn, whatever the medium!👍
@s.v.discussion8665Ай бұрын
LOL....that's it.
@Think20244Ай бұрын
They all take the same course to teach or make a video of whatever topic. Within a month everybody does the same thing
@JohnSmith-qe6fbАй бұрын
My wife needs to watch this video so she will leave me alone about my wardrobe 🤣
@VincentChanАй бұрын
LOL
@GregLeBonАй бұрын
Me too!
@regalchic29 күн бұрын
😂😂
@Steffi45527 күн бұрын
Then show it to her
@KeiAngelus26 күн бұрын
I think there's a difference between spending a bit of money to look well put together vs. having your wardrobe look like you completely let yourself go.
@PK-db9qjАй бұрын
I look poor. Because I am poor lol
@orangefruit12Ай бұрын
😭🤣
@surgeonvicryl4872Ай бұрын
My mom also gave me the same advice..to look poor and that materialistic things are not worth it but making the superficial things turn to something useful is much more fulfilling.
@underwatch1738Ай бұрын
That grey tshirt on zuck cost 500$
@Th3VisitorАй бұрын
True idk why he ignored that fact because its commonly known that they all waste their money on those shirts (unless they are secretly bulletproof or smth😂) and that jeff bezos has many 'rich people' cars not just that honda elon musk pretended to live in a small house but he also owns a big mansion
@m.g.a3481Ай бұрын
They want to wear brands but with no branding on it, its like u walking around like a Ad... @@Th3Visitor
@alvaronosАй бұрын
Have you seen the title? It says LOOKING POOR, not being poor...
@appollo1826Ай бұрын
@@alvaronos Who are they looking poor too. Anybody that they are around is rich.
@SimplydivinoАй бұрын
@@appollo1826 is giving the illusion that they're everyday people eventhough theyre the 1%. Basic psychology plays
@TamietwistАй бұрын
I think its more about using what you have and buying high quality stuff that can last you for a while. It is less about who is rich and who is poor. I will never be the top 1% and I am oké with that. Do I sometimes want a new nice looking shirt or replace my old shoes? Ofcorse! Take care of yourself and focus on your own life 😊.
@Lokey2128 күн бұрын
This is great advice 👍 I remember telling a friend that I was going to purchase a new car. Later that day she called and asked me what I got, I said “I got an Altima”…. Her response- “Oh, I thought you were getting a REAL car.” 😳 I said - “It is a REAL car, it has an engine, a steering wheel, 4 tires…” She says- “Oh you know what I mean.” 🤦🏽♀️ No I don’t, but maybe that’s why I was able to purchase my home, pay my bills on time and have a savings. People please DO NOT TRY TO KEEP UP WITH THE JONES…. Half of the time The Jones will end up with nothing to show for all of the money they spent on unnecessary things just to look and feel rich. I promise you it’s not worth it trying to impress others
@Liam-iv7wkАй бұрын
Honestly I think it's time we all start dressing a bit better (because I'm tired of living in a world where everyone dresses like a low level gangster everywhere or to the lowest common debominator) but I know the video comes down the concept of saving face and psychological aspect of not becoming the victim of an angry mob. Although the decline in the average person's fashion could ve interpreted as a sign that quality of life has declined long term.
@worldsdumbesttrumpturd....3143Ай бұрын
I like how people dressed in the 50's. Classy
@targetegratАй бұрын
Exactly back in the days people would dress up to go to concert, sporting event, date, etc. You did not want to be seen in casual clothes unless you were fixing something.
@transitengineerАй бұрын
@@targetegrat I still dress-up this way guess it is, just a generational difference. Prefer to wear a business/church suit and tie and to have my female date, to wear a knee length dress with nylons and heels (smile ... smile).
@transitengineerАй бұрын
I agree with your comment 100 percent. Over the past several years, I have ordered from Jos A Banks retail stores three (3) new custom made business suits (smile ... smile).
@dan203Ай бұрын
Bezos has a $35M car collection and a $500M yacht. He doesn’t drive a 1997 Honda Accord or attempt to look poor.
@VincentChanАй бұрын
he was still driving a 1997 Honda Accord years after becoming a billionaire (this was as of 2013)
@80siddАй бұрын
But it’s 2024 now
@VincentChanАй бұрын
@@80sidd yes, it's an example of a person who became a billionaire and was still frugal years afterwards
@theboringchannel2027Ай бұрын
@@VincentChan it was marketing for selling stock to investors. Frugal man = frugal comany with little waste.
@kamilug-2393Ай бұрын
@@VincentChan It’s about having your research right for the video. Like ur video was great but if the facts will keep on being simply wrong then I’m not gonna watch them anymore. Especially since you are giving advice about finance, if the facts are wrong, the conclusion might be wrong, which can fuck up peoples finances.
@IMPULSOESTATICOАй бұрын
Miami bro that makes $50k/year - drives a Maserati (salvaged of course). Seattle dude that makes $300k/year drives a Prius.
@VincentChanАй бұрын
which one are you?
@IMPULSOESTATICOАй бұрын
The one in the middle 😀
@user-xr9ln5pf7yАй бұрын
Try driving a Renault Twingo then. Parks better than a Prius and much cheaper 😂. Just don't buy Renault stocks, though 😂
@kaizokud42Ай бұрын
I work from home. So neither
@qxrt3294Ай бұрын
The wealthy people aren't actively trying to look poor, they're just favoring pragmatism instead of buying into the overpriced luxury goods market. Calling this mindset "trying to look poor" doesn't really capture the same intent.
@tedpark681422 күн бұрын
Maybe the fancy clothes and cars don't really contribute that much to their personal living experience.
@annjones963528 күн бұрын
This video is so true, I drive a modest car, use the cast iron skillets my grandmother gave me, have a small paid off house and when I do spend, I shop for bargains. Now in retirement I'm happy, comfortable and have more than enough to get by. This beats the heck out of keeping up with the joneses.
@Jack_ClemansАй бұрын
Thank goodness! I am REALLY good at looking poor.
@benton-bentonАй бұрын
Haha, me too. I try to look invisible as much as possible.
@insidethebnbАй бұрын
I'm so good at looking poor, I've signed up for food stamps, medi-cal, WIC, take the bus, and currently waiting in line at the food pantry. Also emptied out my bank account 14 years ago, shop at Goodwill,
@SacheessАй бұрын
I think that point no. 3 is the one that makes the most sense here. 1st is common sense, 2nd is not true (you can look rich without spending much, this is why the old money style got so popular, same with other things), 4th is just common sense as well, 5th is right but it's just a repetition of what's in every video. Hence, I think it would be worth to make a video on how not to lose sanity when chasing your financial goals.
@JoshFerguson-yd8gnАй бұрын
I used to keep up with the joneses. Since that's the lifestyle that I grew up in. It wasn't until that I filed bankruptcy. I realized that I need a change. My family now thinks that I'm poor. Since they still live the Joneses lifestyle. While I live in a small modest 2-bedroom house that's just over 700 square feet. I drive a 2013 Honda Fit. I shop at Aldi. I have a CTRT TV with a DVD player and a TV antenna. I watch DVDs, OTA, and free streaming apps. I still listen to CDs and the radio.
@MONI-bj1msАй бұрын
I dropped by a high end salon that accepted walk-ins wearing jeans and a t-shirt and they refused me service
@VincentChanАй бұрын
what! thats outrageous
@MONI-bj1msАй бұрын
@@VincentChan thank you I thought so too
@sshreddderr9409Ай бұрын
most likely not because of clothing, but because of your physicality, face and mannerisms making you look poor.
@Agent77XАй бұрын
The salon has standards to keep the riffraff out so rich people will have a good time not having to deal with the poor people!😊
@Josh-py9rqАй бұрын
@@Agent77Xyou clearly added too much paint chips into your cereal bowls the person wearing casual clothing had more than enough money the salon misjudged the customer and lost
@eyeamjona18 күн бұрын
Mark Zuckerberg's tshirt costs $300 each
@beltingtokraАй бұрын
Got a small 2 bedroom house, small car that's all paid off. My neighbours are all retired and have big cars. If i had an emergency, i have a fund in place to help myself solve the problem, without going into debt. My lifestyle is very frugal, i have a small online business alongside my day job and i literally never buy new clothes. I make big purchases with planning and comparing to prepare and make sure i need the product and that it's the cheapest way to get it. Dressing casually makes a big difference, i know if someone is interested in knowing me, it's me and not my perceived lifestyle they are into. 😊
@hq1082Ай бұрын
Frugality and minimalism has always been my go to philosophy on consumerism. Save your money spend it wisely and quietly. Live a simple life, that rat race of luxury and unaffordable goods is just inherently unsustainable and a waste time and effort.
@babibrainАй бұрын
Yes. The ultimate goal is to have nothing = happiness. Likewise more things, more desire, more shits = more problems
@bryanramos978324 күн бұрын
This is actually really informative, but I would like to add that the importance of looking poor is not just about achivecing financially fredom by also feeling a sense of contentment in oneself. A good video keep it up!!!
@JensoncorpuzАй бұрын
Where are you finding a Toyota Camry for so cheap or even a cyber truck for so cheap lol
@jamestrent-nw9zb27 күн бұрын
Walmart (Between the broccoli and the mushrooms)
@admiralrng650621 күн бұрын
@@jamestrent-nw9zbtheir cybertruck expired so I got a Tundra instead
@genachattin12 күн бұрын
Beat me to it. Can’t even find a used Camry for that right now
@yansarorodriguezpaez8799Ай бұрын
Love your videos but have to disagree in here. I think not everyone is built the same way. Some people don't try to look wealthy when they dress nice, they just like to dress nice! Some people truly enjoy having a Porshe 911, or a nice house. Money is a tool, to ultimately get you happiness. My goal is to maximize the amount of happiness money can get me today, without putting my future me in risk (actually putting future me in a really good position). I think you can achieve all your financial goals without extreme frugality (looking poor), you just need to learn how be intentional with your money
@babibrainАй бұрын
Yes. The more you look poor, the poorer you will become.
@sshreddderr9409Ай бұрын
looking poor is without value. the real value is recognizing that the reason behind your and other peoples desire for expensive, expressive items is really a desire to broadcast certain emotions to strangers, or a way to compensate for the lack of more fundamental human needs, and then to have the emotional self control to deny yourself those urges, because they are symptoms of unresolved, negative emotions, and often identity disorders and other forms of mental illnesses which are very common in modern times. you get the most value for money by buying high quality basics with the most premium material and ideally a custom fit and predominantly neutral, colors. you should have different things for each occasion, but only the minimum amount for each occasion, and items that can fit as many occasions as possible. the less stylistic an item is, the higher its actual value, because those are the ones you will wear the most because ultimately, they are the most appropriate for the most amount of occasions and combinations, and because of that, you will always come back to them, and you will want to get the exactly same thing when its worn out, in contrast to highly stylized items, which you will wear infrequently,and which you will get bored or tired of because they are intrinsically impractical and go with almost no occasion or other items because of their highly stylized nature.
@stachowiАй бұрын
I can personal attest to this video being 100% accurate... the richest people i know A POOR PERSON would never know they are. And the poorest "rich" people i know trick every poor person into thinking they're rich. ALL HAT AND NO CATTLE.
@jamestrent-nw9zb27 күн бұрын
ALL FUR COAT AND NO KNICKERS.
@ChristopherJohnsons8 күн бұрын
As an owner of a small carpenters business my father one day went to a construction site to meet with the architect. The architect asked him why he is driving such a small (and cheap) Volkswagen Polo. So he asked the architect: "Do you know the difference between Volkswagen and Porsche?" "No", the architect replied. "So there are people who can afford a Porsche but drive a Volkswagen and there are people who can afford a Volkswagen and drive a Porsche."
@AzriAzhariСағат бұрын
I rather think not 5% more effort, but 5% more self control is what we need to be financially set earlier
@saurabhprabhakar309624 күн бұрын
That’s just what they want to show to their employees. They do have expensive cars too. Looking poor will not help anyone get success. If you want to do good you should feel good too, and for that you should wear and think good too. It totally depends on any individual basis. No one formula can work for all. It’s always us who need to assess ourselves and find the best way we perform and grow. They also wear same clothes because they wants to stay less distracted and focus on what matters to them, but in my opinion we can do it either ways, all that we need is an urgent need to get successful, and fast pacing steps to reach our goal.
@daedae7798Ай бұрын
For the rich, dressing poor is driven by comfort/ego - the savvy ones will park their $$$ in clothes/accessories that will hold/appreciate over time… i.e Patek/Chrome Hearts.
@SneakAhtakkАй бұрын
if i saw my neighbor with a tesla cybertruck....i wouldn't buy a porsche....i would just laugh at them
@whitenoisejosh-sleepfocusc2917Ай бұрын
I felt trapped in my life at 34. Just keeping up with the bills and never able to do anything. So I sold my house and everything I owned in it. I had two cars and sold one and paid off the other (a 2014 Impala). I did this to re-start life. I invested all of the money from everything I sold and two years later I was able to double it! I lived on my mom’s couch for two years. I was able to retire at 36 yo and live off the interest of my money. I can’t tell you how freeing it is to not have a car payment!!!! I am now able to help my mom pay off her house for helping me out. I refuse to “look rich.”
@joeaverage34446 күн бұрын
I grew up middle- to upper middle class. It meant we were never filthy rich, but as kids we never really wanted for anything either. As a result now, way into my own adulthood, looking like I've got money is entirely unimportant to me. I still shop department store brands of clothing, I have an older car, and don't afford myself any needless ostentation. I am also zero dollars in debt, granted, with a paid off house that I've inherited, but still. I'm living well, and I'm able to sleep at night knowing that no bank can take away my car or my house.
@rrezartagashi7605Ай бұрын
Why is every video of yours a copy paste from Nischa???
@cl980328 күн бұрын
great minds think alike sorry i mean great minds like to copy
@mo-akif25 күн бұрын
Ok dude I thought it was just me. He's def copying her. LITERALLY THE SAME TITLE of the vid she posted 2 weeks before him.
@Hunty4925 күн бұрын
Growing up poor always made me understand that it can always be worse than what I have now. Being poor made me confidant that I can cope without and am able to prioritise needs and wants.
@mariya5378Ай бұрын
This is how I want my parents and siblings to live. To live content with what they have and not just casually buy anything online that can cost much more. I personally live thrifty. My shoes are usually worth a dollar, clothes range from 10 cents to 2 dollars (converted from PHP to USD). I walk to where I'm going, and I wouldn't say I like buying online if I can buy it in my local area. My favorite game is when people ask me "How much?" and "Where did you buy it?" cuz they're always shocked about it (I know how to style and choose high-quality clothing at thrift stores). We grew up in poverty so I somehow understand why my family likes to spend lavishly on things we really can't afford before. Because they want to feel rich. On the other hand, I am contented with what I have and sell things that I don't need anymore. I don't really care how much I am wearing as long as I can save as much money for the future and afford to dine at any restaurant.
@jennyfromtheblock9484Ай бұрын
the poor want to look rich and the rich want to look poor
@motivationalchad..22 күн бұрын
whyy
@Aston_martin6921 күн бұрын
@@motivationalchad..boring more you get more you bore
@Aaron-bh5cp21 күн бұрын
The rich tend to look rich too... Even Bezos, who he talks about in the video, has a car collection worth 8 digits and a yacht worth 9 digits.
@MrHaydnSir28 күн бұрын
this is why i don't understand branded clothing, paying more to look rich ..i think it makes you look poor
@yodoleheehoo90Ай бұрын
I AM poor 😂😭 but I don't like to show off anyway due to my shy and paranoid nature😳 sure, nice things are nice, but I could never waste money on "brand names" just for bragging rights!
@Duke_of_PrunesАй бұрын
Same with me. I don't enjoy drawing attention from strangers, especially not in New Orleans -- being flashy is dangerous in many neighborhoods.
@jnslml145 күн бұрын
My Dad always tells us - look poor and humble so that you’ll not feel ashamed to take up small jobs or get dirty.
@yvan256319 күн бұрын
Modern life has flushing toilets, electric lights, cooling and heating, food from all over the world, modern medicine, cellphones, videogames and the internet. Your standards of living are much higher than the most powerful people who lived only two centuries ago. Keep that in mind and forget the superfluous things that would only barely impress your family, friends and neighbours for a few days.
@Miaisabelle-yk6rd24 күн бұрын
I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.
@orangefruit12Ай бұрын
A lot of middle class people that i know in my city are almost always on trend and buy a lot of things that are trending. While the rich people that i know who have big family business barely keep up with microtrends and instead go to slightly expensive restaurants on a regular basis. Most people are really loud on social media when they have new stuff. But i made a friend who's family business have been running for 3 generations and her iphone is not even iphone 13 or 14. People have been going into trips outside the country this year too, and buying higher end designers to appeal to social media. At the end of the day, most people who appear to be on trend are the ones who are keeping up with their expenses while still buying so many stuff for the sake of "retail therapy" While still paying check by check. Lesson learned, don't often buy stuff if you can't afford them twice their price. Consumerism can only get you so far because trends are becoming really short and you might as well get bored with your stuff when its no longer trendy. "Investment" pieces are no longer worth it these days. It has become to whether or not your stuff is practical, has actual purpose and serve its value. Looking rich wont solve your real problems and insecurities in the long run.
@frenchfruga4851Ай бұрын
Good evening , i am a french frugalist , definatly agree with you at 100% , this is the best way to be not see as a sad man 😊 , people don't like this , it protects yourself of home and car jacking 😊
@VincentChanАй бұрын
love it! are you based in france?
@frenchfruga4851Ай бұрын
@@VincentChan yes ! south of France exactly , enter this town " Valence , south of France "
@frenchfruga4851Ай бұрын
@@VincentChan yes ! Enter " Valence " south of France , this is where i live
@tyreelittlejohn402626 күн бұрын
I never comment on videos but you’re a great speaker. Very well at articulating information. Almost like I’m listening to information therapy. Lol.
@jocosus3Ай бұрын
2:05 The icon for the Tesla cybertruck should have been a lemon - #LOL
@sprezzatura87557 күн бұрын
Good shoes are a good investment. Especially those that can be resolved. Almost all my other clothing I buy at Costco, Target, or the occasional thrift store. I buy things that fit for have them altered inexpensively. I also drive an old Honda Accord. A great car that cannot seem to find a gas station. 😊 Also insurance is about $45 a month.
@transitengineerАй бұрын
Vincent, I was thinking about how to reply to this video and something came to me. Not sure if, you have done a video on only this topic: In my 20's and 30's, my problem was not trying to have the same or better automobile as my co-worker, church member, or neighbor but, would try to buy the best automobile that, I could afford as opposed to the cheapest quality car for my basic needs. This was also true when it came to my choice of a single family 4-bedroom home (for just my wife and myself). Lucky for me this changed when, I turned age 40. Now in my early 60's, I retired last year. Live in "sunny" Southern California and now, I have a Net Worth of $1.4 million (half in the value of my home and, half in liquid assets) ... and Life is good (smile ...smile).
@foodlover8151Ай бұрын
Great video. Some comments are so daft. I wonder if it's on purpose. I agree with your assessment mostly because that's my life. The really wealthy neighbors are extremely quiet; meanwhile, the rich spend on McLarens and luxury fashion. The wealthy are living in paid off homes. It's an affluent community, too.
@babibrainАй бұрын
Yes. The extreme rich be better be secretly rich to avoid unnecessary problems
@anterogpsilva27 күн бұрын
‘Retire at 35 without care in the world’. This is one of those points in the comparison chart that I think you could have avoided saying, makes those of us at 40 questioning our lives 😂
@yoshi31411 күн бұрын
i disagree that looking poor guarantees you lower prices. in certain stores they just know, that if you come in looking poor - you have money. especially jewellery stores. the best customers are guys walking in a t-shirt, sandals and messy haircuts.
@ianhart803711 күн бұрын
Calvin, Luther, Zwingli, Knox preached this as the Protestant ethic 500 years ago. Weber documented it 120 years ago. Its is timeless and good advice.
@shaduck06Ай бұрын
I agree basically with this, until I've gotten police bullying
@VincentChanАй бұрын
omg what do you mean police bullying?
@JohnWickPotterАй бұрын
0:42 bro… look at how much Mark’s regular grey shirts cost… they’re hundreds of dollars per.
@markrcca53299 күн бұрын
I don't try to look poor. But I never buy brand-name clothes either. I buy decent-looking clothes that do not cost much. This summer I bought a few white cotton shirts for $8. I could just wear some old worn-out t-shirts but that would really go for a poor look. I don't want poor, or rich - just looking like a decent, respectable citizen. As for cars, I would often drive them to the ground. In one case, I kept driving an old Datsun with rust holes in the doors LOL until the clutch finally gave out. My neighbors were getting annoyed and kept asking when I'll get rid of that piece of junk. I kept saying, soon! As soon as the clutch finally gives out LOL.
@edwardsanchez3708Ай бұрын
I walk around looking like so much of a hobo that the hobos give me food and cash
@keq168819 күн бұрын
the only thing i realized in this video is how different the word "poor" means in first world countries, if i tried to look poor in my country's definition i won't even be owning a car, and simply looking decent is enough to look rich
@camvworld56742 күн бұрын
Those t-shirt Zuck wears are $500+ each. Those shirts are Italian, custom made.
@user-ib7it2li8f22 күн бұрын
After I got ill I got a good therapist from hospital. Finally someone that I can really talk to and don’t feel judged ❤❤😊 she’s so swet
@TaeyangOhАй бұрын
Insightful video, with an interesting title. While what you said about Jeff Bezos and billionaires is true, I suspect they have have different reason for "looking poor".
@vamsikrishna8027Ай бұрын
So finally I am better at something without having to try hard!! Lol
@us792725 күн бұрын
They were definitely right about the settings part. I am a middle class person but I have surrounded myself with people who are lower class as far as my job and community. In this way whenever I do compare myself it's in my benefit. I have a 2011 Toyota but most people around me take the bus. I was lucky enough to have inherited my dad's house when he passed, most people around me are renting. I was able to complete university, most people stopped after, or dropped out of, high school I live alone, my expenses are between my cat and myself, most people around me have at least 2 children. However, when I do need to go into the city, I see the cyber trucks and the 2024 vehicles I feel the sadness. Crazy how that works out.
@lwandle_rorisangАй бұрын
I’m so glad I found this channel!
@VincentChanАй бұрын
that means a lot, thank you!
@glebbredikhin23 күн бұрын
Your video doesn't look poor
@willspeakman246125 күн бұрын
Best thing that ever happened to me was growing up with video games. Teaches you very early on that owning everything feels dull. The most fun you have is the journey not the reward. GTA online is brilliant for teaching this for a modern example. (Just for the record, given you are healthy I do believe money is the number 1 priority. Everything is improved from being rich including health) I read articles on CNBC about people on $200,000 per year who are constantly broke. Its depressing knowing that they are smart enough to get a high paying job but act like a dumb ass. They will spend 10k on food per month with 6 holidays per year on the credit card. I dont even earn the average wage here in the UK yet I will be richer than these people.
@DrunkAncestor14 сағат бұрын
I wear Balenciaga. I don't just look poor, I look homeless.
@uluhitah125 күн бұрын
I keep staying look poor, because so many threat when friend look me rich, they then want my money by borrowing and then not wanting to pay it off
@lhzsdgsfbvvАй бұрын
You really talk a lot about middle class and poor people for a video about rich people.
@TechStacheАй бұрын
Thankfully the financial struggle of my parents encouraged me to learn and manage my income successfully. The years of struggle were extremely useful and worth it
@worldinsidekundi20 күн бұрын
This is a culture in india and we practice it from generation...this is why west calling us poor 😊
@devaes7 күн бұрын
appear strong when you are weak, appear weak when you are strong. The art of war. always dress nicely when you are at the bottom.
@michaelko718Ай бұрын
My wife and I started with nothing 14 years ago. We are now wealthy enough in our late 40s to retire with a comfortable life due to making smart investments to exponentially grow our wealth. The main issue with the public in general is that we as a society are brainwashed to not openly discuss about our personal finances and seek help. That is a huge mistake in general and people are usually very intimated by the process of learning about money. It is much easier to spend your paycheck for that quick high than to invest. You must teach the next generation delayed gratification at an early age. Saving alone won't get you there. Teach them to invest instead of spending. Planting seeds at an early age. Then you can retire early and enjoy the harvest.
@johnroberts482326 күн бұрын
I have 2 new paid off cars and sold my last house and made a huge profit, then took the cash profit and used only that cash to buy a brand 4 bedroom townhouse. People assume I’m in debt to my eyeballs! I don’t go on lavish trips and brag about it. I do go on modest trips , let’s say a 5 day FL trip and never put photos on Facebook or social and only tell my children and best friend where I’m going. Don’t want scumbags begging for money! It has happened in the past. I’m careful now!
@applemauzel5 сағат бұрын
3:38 until you realize by inflation, you are likely paying all that 200k for just one porsche anyways in 10 years.
@onivlesumlasniulos783720 күн бұрын
Look poor and actually rich ✅ Look rich and actually rich ✅ Look rich and actually poor ✖️ Look poor and actually poor 💀
@keq168819 күн бұрын
if you find yourself wanting to buy something, ask yourself this: "do you want it or do you want other people to see that you have it?", if it's the latter then you're probably better off investing that money in something else, buy stocks or something
@uzairbrooks742025 күн бұрын
I don't need to look poor, I am poor
@DonDon-ou7jtАй бұрын
Looking poor is different from having self respect, just dress for the occasion and appropriately
@ruru-199329 күн бұрын
I live in Paris. Paris salaries are not awesome. I don’t understand how people around me can afford Louis Viutton bags, holidays on Maldives. I know how much earns my coworkers. No idea how one of my coworker can afford designers handbags and Gucci sunglasses. We don’t earn enough money to be able to spend it for such a stupid things.
@Madchris8828Ай бұрын
Hey man appreciate the video. Helping me keep on track with my wealth journey 🙏
@audreymagline6344Күн бұрын
tq sm for these vids. u rlly r helping ppl out there like me who never rlly know how to manage money.
@jerodbuenaventura3015Ай бұрын
I've been looking poor all my life. It's pretty easy tbh
@process-stories15 күн бұрын
Thank you for sharing so sincerely!
@desiv1170Ай бұрын
The social comparison theory is interesting because I remember they always used to say, but the worst house in the nicest neighborhood you can. So you are likely to improve and/or keep up your property value... But that probably sets someone up to be the poster example of neighbor envy....
@NovaDoll27 күн бұрын
As a person of color I don't have this option if I want to be taken seriously...
@RaminVibes7 күн бұрын
I'm poor..but No matter what i try, I don't look poor.. What should i do?
@hyukri19 күн бұрын
I don’t think car is a good example. See for me, in my early 20s I lived with my family. A car was a way to keep my independence, see new places, understand responsibility and respect how I use my cash.
@_germanist26 күн бұрын
I honestly don't understand why so many people think buying a premium car is solely done for the looks of it. I bought an Audi a few years ago, because it was the most comfortable, quit and fun to drive car I ever sat in and it soon proved to be the most reliable one I had ever owned as well. Why are these qualities being ignored so often? Many of the advantages of premium cars are also worth some cash if you commute to work every day. After all, you spend a significant amount of your life time in the car you're driving and it should be a goal in life to make it quality time, don't you think?
@impyrobot22 күн бұрын
I got a BMW 340i and tuned it and modded it because it's goes fast and I like fast cars.
@esrasees6 күн бұрын
You need to be very wealthy to look poor though. If you look poor because you are poor that's not a flex 😅
@TheSmdlАй бұрын
My rich and very wealthy clients look “poor”. They have 60 ft yacht. Several boat fleets. Property tax the equivalent of someone’s yearly income. They drive regular cars. Etc. You would never know how loaded they are. This is a fact.
@camels965424 күн бұрын
As a 7 figure guy rapidly building his wealth, perhaps I can share some context to this video. While you are building your wealth you need to live below your means, or look poor, whatever you want to call it. This is because you typically are trading your time for money. Once you have sufficient investments such that you are no longer trading your time for money, that is to say your investments pay for your lifestyle, you can then start to enjoy yourself. Also realize the more stuff you have, the more repairs, insurance, etc you need. If you view your life as a balance sheet, and you should, repairs, insurance, depreciation, storage, etc, those are straight up financial losses, and all these items need your time and they restrict your freedom. To me, freedom is the ability to move wherever I want, when I want, and never have to worry about running out of money. Hope someone finds value in my comment.
@impyrobot22 күн бұрын
Completely agree used to be very frugal when I made a low 6 figure salary since then started a business and some varied investments and I work on growing them and have surplus money that I don't worry about trying to look poor. If I want a nice car I can buy it if I can easily afford it in cash.
@Kobi546923 күн бұрын
i don't just like poor but i'm very poor.😢 Sm1 pay my Tuition debt
@7SideWays2 күн бұрын
Got the poor look down. Flex it if you like being avoided.