You’ll Save More Money the Moment You Watch This

Рет қаралды 50,482

Күн бұрын

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⌚️Timestamps:
00:00 Start here
00:16 What's the real problem?
01:48 Step 1
03:05 Step 2
05:18 Step 3
06:53 Step 4
07:56 Step 5
______
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All opinions expressed by Vincent Chan are solely Vincent Chan’s opinions. You should not treat any opinion expressed by Vincent Chan as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. Vincent Chan’s opinions are based upon information he considers reliable, but does not warrant its completeness or accuracy, and it should not be relied upon as such. Vincent Chan is not under any obligation to update or correct any information provided. Vincent Chan’s statements and opinions are subject to change without notice.
Past performance is not indicative of future results. Vincent Chan does not guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned. Before acting on information, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Пікірлер: 84

@VincentChan Ай бұрын

💸 Earn up to 5.25% APY with the Best High Yield Savings Accounts → vincentchan.co/best-savings-accounts 💵 Join 26,000+ people saving money faster with my FREE Savings Goal Tracker → vincentchan.co/savings-tracker

@tevinmusic1994 Ай бұрын

Love the video. Should be a part two cleaning debt as well could eat up your money. A video on how to pay it back or how to do it quickly.

@juliandestroyer8308 26 күн бұрын

Anyone who likes pineapple pizza is a good person 👌

@davidbenett1 29 күн бұрын

“Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.” - Robert Kiyosaki

@michealpnoel 29 күн бұрын

I totally agree. I put $250k into stocks with my advisor, and now I've made over $4 million in profits. I used the profits to buy properties, and they're bringing in great income. It just shows how important it is to invest in things that grow over time. It's like I'm living out the lessons right from the start of his book- Guide to investing

@jackwpetrov 29 күн бұрын

Despite the ups and downs in the stock market, you've managed to turn your investments into good profits. Could you share the name of your advisor? I have $300k saved up and ready to invest, but as a beginner, I don't know my way around the market.

@michealpnoel 29 күн бұрын

She is well known as - Chasity George Charles. please do your own research.

@jackwpetrov 29 күн бұрын

I am on the look out for experts and after doing my research online will say she meets my requirements, Thank you for sharing with us. I already sent her a mail hoping she can make out time in her busy schedule to assist me.

@sophialharper 29 күн бұрын

Robert “just borrow someone else’s money” kiyosaki

@Matthew_Murray Ай бұрын

Im starting to think Vincent likes pineapple pizza

@johnchan9392 Ай бұрын

Pineapple pizza is the best; Hawaiian. 😋😋

@DR-it9fm 27 күн бұрын

Say it ain’t so 😢

@5canwalk 23 күн бұрын

I m beginning to think I might be Vincent Chan!😅

@tiffanyjohnson4271 7 күн бұрын

Pineapple pizza is good though lol

@MsSassyMT Ай бұрын

I'm definitely an emotional spender and setting my savings on auto pilot has been a game changer. Never thought to look at items as cost per use but I have started buying higher quality items that need to be replaced less often.

@foodlover8151 Ай бұрын

I love this breakdown of emotional spending. I definitely wasted my youthful earnings. I'm much more content in my life now and barely spend on unnecessary purchases. If only I knew then

@VincentChan Ай бұрын

what did you buy a lot of when you were younger?

@foodlover8151 29 күн бұрын

@@VincentChan I'm so embarrassed, but: fashion, cars, spas, eating out. Exactly everything I was deprived as a child.

@minttul.8237 27 күн бұрын

My spending changed forever when I started to turn price to hours of my time. This shirt costs "only" 20€ >> Am I ready to work 2hours to get this shirt? Mostly, the answer is no.

@lmanderson2012 Ай бұрын

Completely agree. I set it up so that part of my check goes into a food account, bills account, and the balance into a fun account. Game changer for this over spender😅.

@noksuan59 Ай бұрын

Finding myself in a situation where I don't have much space for extra stuff, has naturally prevented me from buying anything plus being lazy means getting a storage units was a no go, what I'm saying is humans have terrible impulse control, so in the long run it's better to structure your life and environment so that those impulses have nothing to grab unto.

@FairGosling 26 күн бұрын

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains.

@mimiwallen Ай бұрын

I so believe this! We can all work on eliminating emotional spending. I ask myself this question when I feel the need to buy “unnecessary stuff” I remind myself that this purchase is not helping my FIRE goal!

@NoahKettle Ай бұрын

Always looking forward to Sunday's when Vincent Posts

@VincentChan Ай бұрын

Thanks Noah, that means a lot! what did you think of this video?

@JeffCFinance Ай бұрын

Love your videos, thanks for what you do

@zakuma22 Ай бұрын

Your videos hold true value.

@EcomCarl Ай бұрын

Recognizing emotional spending triggers is so crucial for saving effectively. Setting clear goals and finding healthier alternatives to that dopamine hit can make a huge difference! 💡

@mccnbinnie9840 21 күн бұрын

I really appreciate and agree your beak down and explanation on emotional spending, I definitely suffered from that and ended up wasting a lot of money, thanks to videos like this is I am learning to be more self aware and financially literate with my money.

@sebastiangoeken3511 25 күн бұрын

The comparison between a coffee from a cafe and a homemade coffee isn't 100% right. At the cafe you get the complete product (a hot and tasty coffee). With the machine you are only to able to make a coffee. You need to add expenses for the coffee powder, milk, sugar and so on. It will be cheaper than in a cafe, but from my perspective it's not 68 cents during a period of 2 years.

@myaccount9498 25 күн бұрын

My thoughts exactly! Add on cost of water, electricity, coffee, milk, sweetener and ofc dishwashing liquid to clean everything u used to make the coffee! Still probably a good investment & cheaper but *not* 68c a day

@rustykatt3870 Ай бұрын

Vincent- great thanks! Well presented! For what it's worth- someone offered to buy us a coffee machine that make those wonderfully tasting coffees. We'd have to buy, buy, and continue to buy those coffee pods- expensive. We stuck with making our cheap instant coff- and continue to save $. 😄 (In my past life, I did buy coffees out.)

@hollyc3838 26 күн бұрын

What is the model of the espresso machine that you have? I've been buying pods for my Nespresso machine, which is probably more expensive than buying a good espresso machine that will last for years.

@ThisJustin_87 Ай бұрын

What if i logically concluded that im emotional in my spending?

@BSGSV Ай бұрын

Another excellent video.

@samirknowsbest Ай бұрын

what watch is he wearing? Looks sharp

@davidM9092 26 күн бұрын

Hey, the confirmation email does not seem to come

@altheaprass 4 сағат бұрын

Great information 👍

@melissalareau1188 26 күн бұрын

I really enjoy your videos!

@justvibing2497 26 күн бұрын

Emotions everything

@mikedy8496 Ай бұрын

Nice video as always 😊Btw, you might want to get a moss pole for your monstera plant behind you 😉 they look better upright 👍

@AzadC 11 күн бұрын

Speaking as someone who did in my younger start 20´s wasted alot of money. Mostly on pc parts components electronics related stuff. But i know people got different hobbies what might be cheap for someone else might be expensive for me. But as i growed older. I learned that it is much important to be financial independent rather than having denepndcy on others. I realized that having ones own shelther home over head vs living with others that having roof above ones own head is much more important that all fun stuff. Of course not saying fun stuff in life is bad everyone got different things they find fun spending money on. But i kinda talk from experience

@khalilerrajaoui359 29 күн бұрын

i didn't receive your email that has the goal tracker

@gamereditor59ner22 Ай бұрын

0:43 : So, logical > emotional with 5-step savings framework by finding out what I feel...🤔 Yeah! This can work! Thank you!

@jsimp4050 Ай бұрын

I have been using CIT Bank for my OHYS. I’ve been happy with them. Transfers are easy, although they are not immediate. So if you need your money same day this would not be good for you.

@elonchan4883 Ай бұрын

Nothing is better than pineapple and pepperoni. Everyone looks at me weird till they try it, then they understand. It’s the tacos al pastor of pizza.

@Lucky_McHugh_38C Ай бұрын

Yep and pineapple with meatballs on pizza is also good.

@Courtney-Alice-Gargani Ай бұрын

Your videos are helpful. Great advice.

@LivingRetirement Ай бұрын

Great video once again!! BTW: Pineapple, marinara sauce, ham, a little cheese, loads of tomatoes on my pizza, please!!! Yumm!!

@Johanneslol11 Ай бұрын

I have 200 euro a month every month for fun things. So if I want to buy a snack or something else random I can just do it. Sometimes I spend it for going out to eat with my wife, and sometimes I use it for something like clothes.

@theblessed5737 Ай бұрын

Man, thank you for these type of videos! They really help to stay on track🤝

@EricMoore790 29 күн бұрын

My wife left me for my yoga instructor and now I have a lot more money.

@coldbrewkitty Ай бұрын

I love your pineapple pizza analogies!!

@TartarianTopG 29 күн бұрын

I’m buy jeans are even five years and years if you buy them from Walmart

@inthevault9603 29 күн бұрын

Unsubscribe to all texts that could lead you to spend. For me it was my favorite candle company, Box Lunch, and Hot Topic. 😮 Now that I don’t get texts from them I don’t get tempted to spend that $3 coupon on a $75 order!!! 😂

@asiakawaii8official 8 күн бұрын

just buy what you need

@00deadmoney41 Ай бұрын

the way you harvest stupidity is an art

@Ena-re1em 28 күн бұрын

is that a compliment for Vincent? You are saying he is artistic in explaining how to turn stupid behavior into intelligent actions?

@getsugatenshoFTW Ай бұрын

Doesn't better help have a history of disclosing confidential info from people using their services? Not sure I'd trust taking them on as a sponsor

@gravity-zero2917 Ай бұрын

Wanted to remodel my kitchen and this video pops up, now I wanna save instead...frustration is real...smh.

@WeFinancex Ай бұрын

I think im gonna be a millionaire 🔜 nice vid

@2rx_bni 28 күн бұрын

Whoa you halved your income? Wild.

@tanisemmello 25 күн бұрын

❤

@nicksmith8141 29 күн бұрын

I automate all of my savings moving money out every two weeks, same with mine and my wife's IRAs. My 401k is already out of my paycheck so I don't even think about it. I've had it set at 18% for 4 years.

@josephl6727 Ай бұрын

If you save 6.2 percent of your paycheck in an etf for the next 40 years, you'd have a nice stash of cash better than social security.🎉🎉

@elleleish8969 28 күн бұрын

please don't forget to add the coffee pods, sugar, milk, electric bill. hehe

@elleleish8969 28 күн бұрын

what about the coffee costs, sugar, milk, electricity plus the coffee machine. hehehe

@mdrageset Ай бұрын

well done. As a personal finance coach before i retired two years ago (to live/travel outside the US), i worked with clients on the same emotional issues. while the video started out on the approach, delving into HOW to understand your emotional history with money was missing. the solutions you provided were logical and action oriented and did not continue to along the initial "emotional" journey you started on. perhaps consider an overlay around core values to help determine WHAT and WHERE you spend money to continue along the same thread that you started on. well done and i enjoy the content as well as the time and effort that you put into it. keep it up and best of luck on your journey

@BSGSV Ай бұрын

2:21 There is no justification for paying $4.50 for a single cookie. If insist on doing it anyway, I have a 1989 Toyota Corolla I would be happy to sell you for $100,000.