Why Looking Poor Is Important
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Watch this video to discover the surprising ways that looking poor can positively impact your mental health and financial success.
Thank you @GabeBult for the inspiration behind the video title!
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TIMESTAMPS:
00:00 Cycle of Permanent Dissatisfaction
02:06 We lose freedom of choice
04:35 Embracing Simplicity and Avoiding Survival Mode
06:34 The power of authentic living
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@nischa Күн бұрын
Sign up for my free masterclass the ultimate 'Four-Step Path to Financial Freedom': nischa.me/wealthmasterclass
@rzmr Күн бұрын
Hi, according to you, what is the percentage needed to be cut/taken from our income when buying a car?
@santag564 Күн бұрын
My bank account isn't growing, though I look and talk like a Rich man! So I do performative grief so that people understand I AM actually Poor! What to do?! 😅
@MarsVlogSoon 17 сағат бұрын
Registered just 5 minutes before the start time
@user-km3pk1pu7h 17 сағат бұрын
I'm a little bit older so it stands to reason I learned this a long time ago. I wasn't aware there was a name for it. And for what it's worth to whomever may read this, I learned to enjoy my desire. To even revel in it. To enjoy the anticipation. As Nischa points out, we no sooner than obtain our desire before we have dismissed whatever it is and are looking forward to our next conquest, as it were. I tell you you can wallow in anticipation. It is exciting. A bad example would be Nischa. She is beautiful. I know I will never meet her. But it is exciting to wonder and desire and fantasize about it. Another example. I would love to have the biggest, gleaming black GMC Sierra Denali that has ever been made. But I know as soon as I bought it it would lose its lustre and I would be eyeballing some huge Suburban. Like Curly said in City Slickers 2, "you just have to find that one thing".
@EdwinBoettcher 13 сағат бұрын
I noticed a lot of people in my apartment building had brand-new cars. I decided to buy older cars and saved the money to buy a house instead of spending $500 a month on transportation. My $160,000 portfolio has been stagnant for years, and as an active duty service member with years of investing experience, I am looking for financial advice to improve it and increase returns.
@JeffWilliamfick 13 сағат бұрын
I like your plan and I think I'll try saving too. however you omitted important details regarding the composition of your portfolio. For a knowledgeable portfolio restructuring, though, I advise consulting a financial planner.
@RichardGeorge-pz3wm 12 сағат бұрын
In order to balance allocations, try lowering the risk in your portfolios, strengthening your core holdings, and taking profits. It's advisable to speak with a fiduciary financial planner, as my wife and I have found to be successful even though managed portfolios might not perform at their best. With this approach, our portfolio has increased to $1 million in six years. I can live with this in comfort.
@EdwinBoettcher 12 сағат бұрын
It appears that your consultant is knowledgeable. Could you please let me know how to contact them? After selling some real estate recently, I'd like to make some stock investments.
@RichardGeorge-pz3wm 12 сағат бұрын
It would be very creative to find financial planners who can help you shape your portfolio, like Becky Lou Gordon. There are going to be challenging times ahead, and getting through them will require careful personal money management.
@EdwinBoettcher 12 сағат бұрын
Thank you for this. I'm really impressed after looking up her name online and looking over her credentials.
@Trazynn 2 күн бұрын
I'm poor so looking poor is the easy part.
@martywilliard 2 күн бұрын
LOL
@josh3221ify 2 күн бұрын
Then try looking rich.
@richardb6844 2 күн бұрын
@@josh3221ify thats the trap most fall into.........
@theajayieffect 2 күн бұрын
😂😂😂
@li19831224 2 күн бұрын
It’s comparison..you are not poor since you have time and access to internet. You just feel you are
@georgetown8986 2 күн бұрын
You don't want to look poor. You don't want to look flashy. Subtle is key.
@halcyondays8945 Күн бұрын
Yes “looking poor” is not an advantage unless you’re buying a car.
@AndyWarhol1962 Күн бұрын
@@halcyondays8945 Or being on vacation...
@hnnhml Күн бұрын
Agreed
@neilwood8794 Күн бұрын
It’s a thumbnail guys
@petunia7623 Күн бұрын
I like the term "stealth wealth".
@RevelQT 2 күн бұрын
Money gives you one thing only.... choice. Choice to take a holiday, Choice to buy a car, or a better one, same for house same for clothes. etc. I became debt free, 1 years ago. You have no idea how much of an anvil, debt is. It doesn't buy you love. There is no such thing as a secure job, jobs for life do not exist. Plan for retirement and be debt free before you do retire. Retire as early as you can. Invest time and effort in yourself, INVEST in your health, INVEST in your WEALTH. YOU WILL BE CONTENT.
@KevinOLoughlin-ys5ef 2 күн бұрын
7 years ago I paid off my mortgage and I can still remember my wife sending me a text message to say the last payment had gone out that morning. It was like feeling a noose lifting off my neck after 10 years of worry.
@averagestudent4358 Күн бұрын
Needed to read this
@rostyloco1 Күн бұрын
The general idea is fine but debt can also be tool to build wealth or at least speed it up if you know how and when to use it. (Buy Tesla stock when its down 80% for example)
@averagestudent4358 Күн бұрын
@@rostyloco1 good thought
@hnnhml Күн бұрын
Yes 🙌🏻
@business-advice-that-works 2 күн бұрын
My rule is I don’t touch money for 60 days when I decide I want to buy something nice (specifically if it’s not something I typically budget for), or when I get a large sum of money. By the end of those 60 days that feeling of excitement and wanting to be a little irresponsible wears off, and I end up never regretting whatever I still want to purchase.
@KevinOLoughlin-ys5ef 2 күн бұрын
If it's something over £250 then I always spend around 3-4 weeks just checking reviews and waiting for that moment where I start to question if I really need to buy XYZ or not. Once you have that feeling then you begin to think seriously about reasons why you still want it 'cos the childish "I want it now!" feeling has gone and the reality sets in and you need to justify it to yourself like an adult. Best trick I ever learned on how to stop wasting money!
@fadi77fadi77 Күн бұрын
that's good in theory but sometimes that thing would just be too expensive or not available anymore if you wait too long, for example tickets for concerts or vacations.
@business-advice-that-works Күн бұрын
@@fadi77fadi77 That's a really good example. For something like that, I'd say it's best to save for it in advance.
@business-advice-that-works Күн бұрын
@@KevinOLoughlin-ys5ef Yes! And you feel better about your decision too.
@gonnahavemesomefun Күн бұрын
This is crucial. In my two year journey of strict budgeting I have felt that draw of the need to buy. And you’re right, it can take a couple of months to shake the addiction to a product/widget.
@zingara76 Күн бұрын
In my country looking poor is life saving. LITERALLY I’m not joking. Here if you show that you have any money you get kidnap. That’s something you learned from very young age. I have a good job where I make good money, and that’s because I speak English, but I tell all my friends and family members that I work as a waitress and make not much money. I drive I very old car and dress as a waitress. Black pants white shirt and hair up. The only person that knows the true is my mother, but she’s the one who teach me how to as she’s been doing the same.
@Chad_Thundernuts Күн бұрын
Dang, that's crazy. It's not like that in general in my country, but I did grow in some of the roughest parts so I do understand how nice things can paint a target on your back. Your example is very extreme though. Best of luck, and stay safe out there!
@Anadrolus Күн бұрын
Are you in South America ? what country please ?
@ParminderKaur-bd1jh Күн бұрын
which crazyyy country is that?? many cultures are not happy for others success...everyones success or failure is their own responsibility, you have no role there...:))))
@treygounder3361 2 күн бұрын
As we get older, Freedom matters more to us. So jumping on a flight to see family without much care for the price feels awesome.
@mybuildPROS 2 күн бұрын
Who cares about what car your friend drives? It’s a joy of having a beautiful vehicle that you enjoy every time you get into it.
@Travis12861 Күн бұрын
The joy of having a stacked portfolio is sweeter than any car.
@Chad_Thundernuts Күн бұрын
@@Travis12861 Tell that to the average petrol head haha
@RealAnthonyJones Күн бұрын
@@Travis12861you can have both.
@inspirice9844 Күн бұрын
@@RealAnthonyJones Real talk
@adityapatnaik7078 Күн бұрын
if you look poor, people start looking down and misbehaving. Looking poor is a bad idea. Look balanced, nothing too gaudy ! But looking outright poor is not the best solution
@Catherine_2571 Күн бұрын
It’s a great filter
@cwilliams7017 Күн бұрын
Yeah, but look at her idea of looking poor.
@MugabiJB 2 күн бұрын
I also got married thinking I will be happy but now am going through hell!!
@its9333 2 күн бұрын
Sorry to hear that, hopefully things start to look up soon
@fireat40 2 күн бұрын
Marriage is the biggest con a person can get into. It is an emotional decision which can destroy one's wealth in an instant
@martianrising 2 күн бұрын
Marrying thinking your partner or spouse will make you happy is such a big toll on a human being. If you cant make yourself happy, nobody can. You marry the person you can weather the storm with.
@rdoody2067 Күн бұрын
Been there done that. Hopefully you will find happiness in your future.
@bobfeller604 Күн бұрын
Sometimes it's better to rent than to buy.
@melchiel4413 2 күн бұрын
The Medici had the same policy. They stood out of the public eye and only came to the government when invited, thereby angering no one no matter how rich they got, in fact they became so rich that hiding their lives was no longer possible. They then became the greatest force in the Florentine republic and started the process that built the modern western world: the Renaissance.
@jordirolink8254 2 күн бұрын
Of course, they had some help from their hooded friend 😂 But yeah, I get what you're saying
@BC-yd6dl 2 күн бұрын
This sounds really interesting!
@melchiel4413 2 күн бұрын
@@jordirolink8254 Ezio Auditori da Firenze?
@manuelpalmeira7278 Күн бұрын
Interesting. People who wish to make serious, long term money live a low profile.
@LAH92 2 күн бұрын
This video is me!! I've gone from £1,100 a week construction job which I hated, despised and no matter how much I got paid, I was thinking of ways to not to go to work, drinking more than ever before. To a £620 a week job, that I enjoy, have more free time and I can spend more with my family AND work on my own business more to grow. I'm alot happier at £620 a week! At £1,100 a week I was waking up thinking... do I really need to go to work, thinking of ways not to go 😢 My outgoing a month are £1,000 (rounded up) I'm a tight pocket Yorkshireman who lives below his means never with my wage packet! To everyone who reads this, I wish you all the best on your journey 💙
@badkeiser 2 күн бұрын
With sone jobs drinking is part of the culture. It makes alcoholism easy to fall into. It is encouraging to hear of someone achieving financial happiness. I'm living a good life but struggling to stay happy atm.
@bdkamil95 2 күн бұрын
It’s not about the money. It’s about what you did
@badkeiser 2 күн бұрын
@bdkamil95 I think I've worn myself out trying to hustle to be rich at the wrong time. I can live the high life on freewheeling mode atm and I should focus on that until something comes along. I travel Asia and have for the last year. I want to do it permanently and I think I've been a trying to be too hasty with some things. Still though boundaries have been tested and I've made mistakes early without losing out too much. I'll be ready at the right time.
@LAH92 2 күн бұрын
@badkeiser I know what you mean, I've come from a military background (drinking culture) to construction where that is a drinking and a drug culture! Make a change whilst you can mate! I was working next to a cemetery, day in day out seeing people get buried and thought stuff that, I aint going in living this life. I could have stayed on a nice, lovely wage and not be happy. I chose the other, short term financial sacrifice for long term gain. Follow your heart mate
@LAH92 2 күн бұрын
@bdkamil95 it really is and where you want to be in life! 😎
@beccarsgi4006 2 күн бұрын
Thank you for sharing this Nischa! I recently quit a high flying corporate job and I can also confirm that there’s nothing as fulfilling as having freedom, without anxiety on how I’m going to pay the bills
@professionalismwithpassion 2 күн бұрын
What's the plan now though? New job, full time travel, become an entrepreneur??
@nischa Күн бұрын
Love this for you!! Congrats
@cameronf3343 Күн бұрын
The two most important things to do for self confidence and presentability are to not be materialistic and to be hygienic. Nothing else makes such a big dent as looking clean and knowing you’re financially secure.
@jackmcclary2136 Күн бұрын
Looking wealthy around family members often breeds jealousy and creates expectations about what special occasion gifts others will receive from you. It also increases the likelihood that you will be asked to host others, pick up the check at restaurants, make loans that won’t be repaid and to bail other family members out even if their misfortune were created through poor decision making. Look modestly presentable at family functions but refrain from appearing like you have a ton of discretionary income. Don’t ask me how I know.
@Gnomezonbacon 2 күн бұрын
Another big reason is it keeps other people from getting ideas about raising your costs. I rent my apartment. I'm very careful to not let my landlord find out if I went on a vacation or got a new job. Oh you have enough spare money to go on vacation? Here! Lemme raise your rent! You can afford it! Nice house! Nice car! I'm gonna bill you more because you look like you can take it! Vs oh that's an old falling apart bucket of bolts! I can't fleece this guy! Hey thanks for the discount!
@tenentenegrao 2 күн бұрын
Smart! it also applies to home-ownership when that contractor or repair person pulls up and assesses whether you're "one of them" or some rich person that can and should pay more.
@MohitAtray 2 күн бұрын
Change your landlord! Don't do business with such people.
@Boxofdonuts Күн бұрын
people that are rich don't get rolled over by landlords and car salesman.
@user-ky9qn4pg3w Күн бұрын
just tip your landlord ffs
@cameronf3343 Күн бұрын
@@MohitAtrayyou don’t know how the landlording business works do you
@BC-yd6dl 2 күн бұрын
"Looking poor" is just another way to say frugal. I've found it's the only way for normal people to generate wealth. And the lack of it prevents most high income earners from becoming truly wealthy.
@JimmyMFP 2 күн бұрын
Yes, the key is to not give in to lifestyle inflation. Keep living like you're on a reasonable income, and then the rest liberates you. Give in, and you'll be miserable.
@ronnylackey5841 Күн бұрын
Stop valuing your consumption and start valuing your production. Even if you just cook for yourself, having an exceptional home-cooked meal gives you far more pride and joy than having an exceptional meal out.
@axolotl508 2 күн бұрын
unfortunately, especially in some cultures, visible wealth is something that makes you more likable to other people. you get more opportunities in the work place, people tend to help you more. it's kind of a halo effect for wealth. having a pragmatic approach to luxury items to fit some places and having a strategy can be useful if you want to climb the career ladder or build your own business. it's calculating and cold not everyone is born in affluent circles.
@KevinOLoughlin-ys5ef 2 күн бұрын
Depends if you want that kind of career progression or not. I work a very well paid job in IT but coming from a poor working class background where I wore hand-me-downs to now making 6 figures, I'm living like a "pig in sh*t"! I've got more money than I know what to do with 'cos I never wanted much out of life to start with but I got more than I'd ever hoped I would have, having started with sweet FA to begin with.
@mitchthornton1820 2 күн бұрын
Having F U money is key , it gives you options you don’t even realize exist , it allows you to turn down jobs that don’t meet your pay expectations and it gives you freedom and confidence in what you do moving forward …
@MrDonny27 Күн бұрын
What f u money??
@user-dw1ls3rp1l Күн бұрын
@@MrDonny27 It is having so much financial independence, that you can say F U to everyone, and still have that money.
@ralegade7710 17 сағат бұрын
You should be turning down jobs that don’t pay well regardless of your financial status. Unless you’re desperate for a job and will pick anything, you should always be strategic in managing your career.
@tobiasdoe2518 2 күн бұрын
Someone would never see how much money i have. Understatement. Doing good in silence. This is the way. What is more valuable than money are people you love and good experiences.
@paulbrown2422 Күн бұрын
This is the way!
@leeku7768 2 күн бұрын
Your best video yet! Took me years to understand this and I used to be bitter when my dad never drove a nice car or lived in our own house (always rented until he turned 60). Turns out that his net worth is sufficient to allow him + me to retire in comfort all because of this frugal mindset and only spending it on things like my education!
@0605H55597 2 күн бұрын
I made my 10-year-old daughter watch this. Shiny things, and showing off are prevalent, especially among desi families. Great message
@plxton 2 күн бұрын
I used to drive a Mercedes everyday and it was never about looking flashy (was a gift to myself and something I'd wanted for a while), but that's always how other people saw it. It cost me a fortune in maintenance (over £12k) despite being a good used example. I now drive a beat up Ford Focus. No one bats an eye at it and it's so much more enjoyable to drive, less worry, and most importantly costs me nothing to run. The £500 bill I had on it a few weeks ago was pricey but deferred maintenance from last year. Live cheap and take that money to something more worthwhile and most importantly memorable!
@Clint_the_Audio-Photo_Guy 2 күн бұрын
I wear flannel shirts and jeans with holes in them and missing buttons. My shoes get worn way beyond when normal people replace them, and I drive an Ex U-Haul pickup truck with light hail damage that I paid cash for. My only debt is my mortgage on my small house of 2.7%, which is about $650 a month. I could pay it off, but I don't because I make more in investments on that money. I have more than I could possibly use. Once I realized that nothing I buy makes me any happier, I started investing, ha! I'm most happy when I use what I already have, clean and organize, or go do something fun. The less I owe to society, the more freedom I have and the more I can give.
@Kelly_Explores Күн бұрын
Goals!
@michaelh181 Күн бұрын
I wish I had this mental strength. I’m trying.
@stucam8110 Күн бұрын
I think as you get a bit older, you realise this and don’t give a shit what people think of you, it’s freeing
@modernminimalist1 Күн бұрын
Great video. I'm a millionaire minimalist and gained my wealth by only focusing my money on my business, relationships, and saving and investing. I sold my 6,000 sq foot home and moved into a beautiful small apartment and bought only quality Eco friendly furniture & products. I do this with my wardrobe as well. I have saved so much money with this ethical lifestyle that I can afford to travel anytime I choose and focus on more meaningful experiences rather than material possessions.
@arcadepiano 2 күн бұрын
but you don't look poor in this video!
@snizekfilip 2 күн бұрын
Exactly! 😂
@flyboy008 2 күн бұрын
😂😂😂
@tenentenegrao 2 күн бұрын
A better way to put it than "look poor" is to live beneath your means. She is probably living a lifestyle much more modest than what she can actually afford.
@azizgaruba 2 күн бұрын
She's reusing the designer things she bought before.
@nancymorrell8838 2 күн бұрын
Hmmmm looks can be deceiving.
@Luvthemcrib 2 күн бұрын
I needed to hear this. I traded in a nice Chevy Silverado for a Honda Accord two years ago to save on gas, insurance and to lower my monthly payment. Now I’m caught up with my finances and I’ve been looking to buy a new truck that I don’t need. Definitely keeping my Honda for a while.
@maryginger4877 2 күн бұрын
Classic Cars give great pleasure and don't generally devalue.
@alpakka1920 Күн бұрын
Honda Accord for the win!!
@trythis2821 18 сағат бұрын
The key to what you said is that you don't need it. Ask yourself if you don't need it why bother. Try and get something that makes you happy and that you need more than the Chevy Silverado, example, keeps its resale value, low maintenance cost and cheap to run. The Honda Accord probably ticks most of these boxes as would a Toyota.
@maryginger4877 18 сағат бұрын
@@trythis2821 Wanting something that means something, such as a classic car, is not only a financial investment, but good for the soul.
@scoutandscooter 2 күн бұрын
We're on the younger end of the Boomers - born 1960 and 1963. We've probably saved too much. Forty years ago I thought I needed a BMW and Porche. Never had either. Now I don't want either. Old truck and a little Honda work fine. Modest house, best location. Always buy in the best location, and if in an urban area, be near parks and water. Only buy quality. I think people will be stunned when they see our names on buildings at our Alma Maters. Didn't want that, but they insist.
@Travis12861 Күн бұрын
I’m a contractor and work at schools and universities all over CNY. I couldn’t tell you one fact about any of the names i’ve seen on any of the buildings i’ve worked in over the last 15 years.
@PorscheSpeedster-kz6nc 2 күн бұрын
Congratulations on 1 Million Subscribers. You worked hard and deserve it. Enjoy the KZfaq benefits!!!
@Jmoney20121 2 күн бұрын
I agree with everything in this video. But if your in the dating scene looking poor isnt something that women are looking for.
@libertarian4323 Күн бұрын
The women who are looking at you as nothing but a wallet aren't the ones you should be dating.
@Jmoney20121 Күн бұрын
@libertarian4323 its not that they are looking at you like a wallet but a first appearance means alot to most women , that's all im saying. Looking poor isn't going to cut it. At least here in sd
@Insightfill Күн бұрын
7:41 "Money talks. Wealth whispers."
@Tchp-ld1uz 2 күн бұрын
Not necessarily looking poor. Meaning you can have nice clothes but not flaunt the brand. You can find things that fit you well, be in great shape, etc. Even eating high quality food isn’t going to break your budget, so long as you aren’t too lazy to prepare things for yourself. For sure having priorities in order is the game changer. The person who has their mortgage paid off may still have an old iPhone 6 still LOL. But the house being paid in full is more important than keeping track of what iPhone model they have.
@halcyondays8945 Күн бұрын
I say all the time that having debt isn’t sexy. The real flex is having a paid off house/car and the ability to retire.
@RustyShackleford-od1nd Күн бұрын
Somehow I just don't get the vibe that Nischa runs around rockin Wal-Mart swag and using an iPhone5 to "look poor" 😄
@broza82 2 күн бұрын
I look poor but in reality I'm just broke.
@masonellery 2 күн бұрын
Trying to keep up with the latest and greatest will keep you stuck and poor, eliminate the need for the newest this and that, be happy with less and save the money instead, great video
@KeeptheChange41 2 күн бұрын
Spend less than you make and invest the difference, period. This is how average people can become wealthy. You will always be able to outspend what you earn, be a mindful spender.
@wyswygsommer2769 2 күн бұрын
The first reason would be to keep people away from trying to take advantages from you. If you are wealthy and/or even worse famous, the chances are people will come to you and asking for money. They could be friends, partners or family members. It is tiresome and you will make a lot of enemy. If you gave/borrowed them the money, they will distance themselves from you, because they dont want to be asked about the loan. Alternatively If you dont give them the money in the first place, they will dislike/hate you, because they see you as an unreliable friend. Either way you will lose friends and gain enemy, if you dont keep it quite. Hence keep it quite for yourself.
@odl21 21 сағат бұрын
indeed
@rohitgaming5949 2 күн бұрын
Thx for the info. It's very useful. Last time, I also came across Unimantic, and financially, it has been very helpful for me. So thank you again!
@nischa Күн бұрын
No idea what Unimantic is - have never recommended it
@thevagabondonwheels4918 2 күн бұрын
You'll also live longer on average. Achieve enough financial security and then focus on lowering your anxiety and stress. You'll be happier and be around longer. However, it is one thing to not spend money on new cars and designer clothes, all the other common trappings of wealth appearance, but the harder nut to crack is *where* we live. Even living modestly can be a huge financial drain in an expensive city if your (quite reasonable) baseline is a clean and safe area of the city.
@libertarian4323 Күн бұрын
Most people who "look rich" are in debt up to their eyeballs. Most millionaires are frugal and don't "look rich." We are more likely to shop at Walmart than Saks or Nordstrom.
@mbnesbitt 13 сағат бұрын
Start early with diversified investments in stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security.
@hamzahamza-bz3rf 13 сағат бұрын
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
@ufuksenol2005 13 сағат бұрын
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
@PineHosting 13 сағат бұрын
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
@BigNate82 13 сағат бұрын
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
@katiekilbo 13 сағат бұрын
Yes! I'm celebrating £32K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.
@parvinkukar1259 Күн бұрын
Spot on! It’s all about freedom. In my highest paid job I was earning more than enough to give my family a great living standard but always wanting the next promotion, pay rise and each time I got it there was more stress and time spent at work. Now semi retired self employed and barely earn £10 a hour, it’s the best job I’ve ever had because I able to choose when to work. I’m fortunate to be in this position because I saved and invested when I was well paid and that affords me the freedom to work or not as it covers all my essential bills
@peterjones6733 Күн бұрын
OMG!!! You’ve just described my life! But how can you know do well what it’s taken me 68 years to discover? Pensioner, but very content and happy. Don’t live in fear, only buy what I need, even if expensive tool etc. very little ego. Empathic. Handyman and voluntary counsellor (don’t charge). Never been happier. Spiritual too. Don’t worry about money, it just seems to come when I need it.
@zest6932 Күн бұрын
I chose to get off this treadmill eighteen years ago and my personal experience over the years has been simply awesome..while people around me are extremely successful and have the extraordinary pressure to showoff i havent had any such pressure and i simply used that to my advantage..i dont own a house,i use public transport,i dont have this constant nagging from peers and family and frankly it has helped my mental as well as physical health..but i can understand that its not everyones cup of tea.
@johnkauppi7078 Күн бұрын
I've done well for myself. I grew up in poverty, holes in my shoes with wet socks. Tomato sauce sandwiches. I learned to be happy with less. My first job at 16, paid $1.20 an hour back in 1986, 50 hour week. But I persevered and began saving money. Some old habits a man just can't shake, so looking like I've got no money comes naturally for me. In the late 90's I bought my first Mercedes, an SL 500. I felt uncomfortable in that car as I felt I didn't dress well enough to be seen in it and I hoped no one would see me driving it.
@Travis12861 Күн бұрын
Had lunch with my regional manager the other day. He drove away in his 3 year old Subaru. The guy makes $500k and just blends in with the normies. I love it. 😂
@odl21 21 сағат бұрын
it i only made 500k i'd drive something much cheaper than a 3 year old subaru.
@Travis12861 19 сағат бұрын
@@odl21I’ll bet you make around $40k with those grammar skills. 😂
@mustafamar1437 2 күн бұрын
Wisdom is universal and needs to be repeated regularly for us to remember. Well done 👏
@tonyp9313 Күн бұрын
Work a job you like. Be very frugal, save money, be a minimalist basically. I still have a Iphone 7. I didn't upgrade my iphone to the newest one. All I did was replace the battery in it. That costs me like $100 after 5 years. I still have a CRT tv, then things like electronics that I buy I usually keep that for 10 + years for Longevity. I'm pretty much into video gaming. 1 thing I did that I did now was quit modern gaming. So that's saving me like $1000 or more per year now just for the fact I am not buying a PS5. That money that I am saving will go to TV Series on blu ray or blu ray movies.
@odl21 21 сағат бұрын
i love that all the comments are self righteously claiming how good they are with finances etc but the reality is you aren't watching this unless you feel you could learn something from it.
@tonycooke8545 Күн бұрын
How true. That's the very reason why, I have a healthy bank account. No debt, and I drive an 18 yo car.
@Dilbert0123 2 күн бұрын
Untrue. Kahnemann revised the Happyness curve, which suddenly suggested people with more than 200.000€ really increase their level of happyness. Romantic, but untrue
@unknowjlm 2 күн бұрын
Source ?
@santisanti8386 2 күн бұрын
Probably the best video on the topic of getting financially stable. Thank you so much.
@GRWelsh7 Күн бұрын
I don't want to look *poor* but I'm content to look middle class. I drive a Honda Accord, but it's a very nice Honda Accord! I want to achieve financial freedom more than I want the high end BMW.
@vjnvisakh 2 күн бұрын
Loved the part where you said - the gap between income and expense lessens the stress. Keeping that gap stable is what brings all the peacefulness in life.
@digitalmarketingreviews1592 Күн бұрын
your message resonates with me... freedom is key to true happiness. Freedom of time, space and money(once one can successfully escape being a slave) Nischa, your inner and outer beauty is ineffable🌸
@lt9357 Күн бұрын
Getting out of 9-5 and having freedom is true happiness
@sdn4134 Күн бұрын
You don’t have to look poor. It’s just regular dress. Ross TJ maxx Marshall’s Burlington keeps you living below your means
@captainotto 2 күн бұрын
The best part about being flashy with money is getting robbed (by everyone) because of it.
@whatthehell818 2 күн бұрын
In my social circle, having an AMEX is a wealth symbol. I recently had an issue with AMEX and found myself begging them just so I could maintain my status instead of letting them go and have them decide if they wanted my further business. Its insane
@Travis12861 Күн бұрын
Your circle sucks. 😂
@badkeiser 2 күн бұрын
I'm proud to only use KZfaq as social media as well as a small app for my OCD. I also don't own a TV. It does open up a vast space in your life for a unique lifestyle. I permanently travel and build my journal, which I also add photos to. It didn't happen overnight, and, at least this stage of my life needed a lot of luck.
@ajd1978ajd Күн бұрын
This is such great advice Nisha. That Hedonic Treadmill fuelled by social media and that need for external validation can be extremely plaguing, depressing, and lead to chasing unreacheable targets. More money doesn't necessarily equate to more happiness. Inner peace.... that's so much more important. Fantastic advice. Kudos.
@Starryeyesfannn Күн бұрын
I am 21 years old and I realize that I was very hardworking with myself due to switching jobs constantly as a college student. But then I sat down was burnout and I realized that my mental health is more important than a job that helps me with everything plus my student loans. Right now I want to take a break. I always wanted my freedom to travel and meet new people. I am just so sad that I feel like I am very late in life because I come from a very poor household.
@gbh_events Күн бұрын
I used to want a nice car, but I've decided that the best car you can have is a Honda Civic or Toyota Camry - an affordable car that is very reliable and fuel efficient. It will always get you there. It doesn't stand out so is less likely to be targeted by criminals. Better still if the car is beaten up and dented - that way everyone knows to get out of your way on the road, because you don't have much to lose. I'd rather be rich than look rich. This girl makes sense.
@sanjayshah7776 13 сағат бұрын
Females dont want poor looking guyd Customers don't want sales guys looking poor But yes, money is not the silver bullet, but it is important
@Moon-lt5bi 2 күн бұрын
I love this video and love your channel. I would really enjoy watching more videos on the subject of quiet wealth
@YouWillBe322 Күн бұрын
Happiness always starts with long times struggle and because you struggle for long after getting over that struggle you'll find that happiness that lats long or forever. Money buy you joy and it lasts as long as you have money. Looking poor helps you appreciate all that you have, i mean actually have. Looking rich helps you to get disappointed with yourself as all you see you already don't have that's just a visual effect of what you use to have.
@thambone30 Күн бұрын
It is called envy when a person is upset, someone has something you perceive is better than what you have. It's not a good quality to have.
@AK47_. 2 күн бұрын
Stay low, get dough. That’s the my moto. Denzel Washington said it best in the film American Gangster, “The loudest one in the room is the weakest one in the room.” Frank Lucas.
@seantormey3531 2 күн бұрын
Congratulations on passing the 1 million subscribers mark.
@s.m.4198 20 сағат бұрын
Wow, look at God! I just told my manager that I wanted to spend my days off taking a training course, and he thought I meant for work. I explained that I actually wanted to improve my drawing skills for fun. I’ve also been thinking about the same things you’re discussing, like saving money and not spending it too quickly, especially with today’s crazy climate of politics and wars. I really want to start saving and building a secure future. Your video popped up in my feed just as I was praying for guidance, and everything you said today resonated with what I was already thinking. I don’t want to make this about religion, because I do believe we should focus on what unites us. I’m just so grateful this video came my way. Thank you for sharing this information; it was exactly what I needed.
@user-zs1fr7im6l Күн бұрын
I'm rich and been driving toyota's for the last 34 years because they don't break down - Live in a nice house but not a show house ! Most of my money is in tax free investments ! FUN TIMES AHEAD ! Sometimes I just laugh because people say things in general about money their stuff and I just think they don't know !
@2Hesiod Күн бұрын
Looking poor avoids envy.
@Spectrum_Aerospacejet_Lab Күн бұрын
Looking poor, being poor can get persecuted. No; getting more money is happiness and freedom!
@teddychalgren 2 күн бұрын
Incredible content. Thanks, Nischa.
@arkeshsharma Күн бұрын
I keep my looks clean, simple and focus on being humble. Knowledge is something that’s on the inside and it shows on your face. People sometimes judge by the external looks and don’t make efforts to know a person by sitting down and talking to them.
@DavidQ-mc1wn Күн бұрын
“Annual income twenty pounds, annual expenditure nineteen nineteen and six , result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery” ― Charles Dickens, David Copperfield
@nae4830 Күн бұрын
Thank you! Would love a part 2 for this topic.
@RobertRedford77 2 күн бұрын
Great framed points as always Nischa. Great vid ! Thank you.
@ciurdarandrei6311 Күн бұрын
Another famous saying can be associated with this video: " The world is enough for everyone's needs , but NOT enough for everybody's greed !"
@somasomsyo8561 13 сағат бұрын
I love how you just got to the point without an intro
@jeffherringa4709 Күн бұрын
I am a public school teacher who mostly wears sports T-shirts and blue jeans to work. I get teased by middle school students (Ages 12-14) who buy the latest watches, purses, and SMART phones. However, I don't seem to care in middle age (56 years old). I may benefit from buying 1-2 new suits like I had when I was 18-22 years old, but no longer own though.
@markritacco270 21 сағат бұрын
I'm so poor I can't even pay attention.
@micheleminer9499 Күн бұрын
Totally agree with this. Don't flash it, stash it. Fly under the radar and keep it quiet.
@Hawking1969 Күн бұрын
Totally agree. Net Worth at $4.5 million and appear near homeless. To be honest, people that matter are friendlier (and bad people are reticent to engage.)
@gdixonfitness 23 сағат бұрын
Great points you have made Ms.Nischa!
@kinethecoach Күн бұрын
Great video. However.. I agree with other comments saying that the concept "looking poor" is ignorant of the reality of actual poverty. This trend, is more a case of rich people using terms they don't know in a careless way. Not looking "flashy" might be a better way of phrasing this.
@patrickclifford50 2 күн бұрын
Amazing..."the treadmill of life" "You always end up in the same spot"
@char121 2 күн бұрын
Thank you for your content Nischa keep it up 🙏
@roselinededua Күн бұрын
Getting to the stage in life when you know what truly serves you is both liberating and enjoyable! The best part is that you understand what it means to invest and water yourself for your future you not what the society expects you to be. Thanks Nischa for today’s video
@RobGibraltar Күн бұрын
I've been a bit 50/50 on your videos up to now, this is the first one that I think is a must watch. Also perfect pacing and content level.
@georgecarter5595 Күн бұрын
I really enjoy your content. I will say that it's ironic that the commercials shown during the video were for credit cards and travel. But you do have great videos by the way.
@Hiroprotagonist253 Күн бұрын
Love your message in this video. The art of financial management touches really closely on the art of good living once you scratch beneath the surface.
@angelagardener1234 2 күн бұрын
This seems like green eye people. I don't watch other peoples car or what they have and be gratefully content in what I have. Exactly no need to compete never have and never will. I had happiness when I was broke as it helped me recognise what was important but I was raised with some good values and I know my why. I love skill share 😍 but its just I love to learn. I'm using my gifts which brings me what I needed and creating my own economy means I won't need to lose a job which creates joy and it includes my wellbeing. I'm not American. I learned alot of this in Crime and Society during law school. It was quite interesting it was.
@tagbon 2 күн бұрын
4 great points. Thanks Nischa! 🤗
@pataleno Күн бұрын
Sat on a beach today thinking my life’s decisions and path for the next few years and this resonated well. I don’t have a big house or fancy car. However I’m financially free and not having to worry about where your next pay check comes from and have your health is the most valuable things in life.
@hggamerz9473 2 күн бұрын
You definitely have my sub. This content is next level. For me Unimantic was the turning point. Please keep doing what you do and keep being you, love it
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