https://www.youtube .com/watch?v=zVcwvCL2C2c

My Simple Habits Course is now enrolling! https://slowgrowth.com/simple-habits ☝️🚀 Get exclusive content: http://patreon.com/mattdavella There’s a basic formula to win at personal finance. And it’s this… Make more money than you spend. In practice it’s not that easy. In the real world our money slips through our fingers. No matter how much we make our bank account seems to have its own agenda. In this video I breakdown common myths, pressures & misconceptions about money and how to manage it. My gear… https://kit.com/mattdavella ^These are affiliate links. I only recommended products that I use & fully endorse. 💯 You can also follow me here: Newsletter: http://mattdavella.com IG: http://instagram.com/mattdavella Twitter: http://twitter.com/mattdavella Podcast: http://groundupshow.com ❤️ Get more videos & support my work: http://patreon.com/mattdavella Thanks for watching!

37 thoughts on “A Minimalist Approach to Personal Finance

  1. Hey everybody! I’m making a course on habit change (it’s my first one and it’s going to be awesome). There will be lots of videos, silly jokes, & most of all actionable steps to make any habit stick.

    Sign up to hear about it… http://mattdavella.com/newsletter

    1. @Brandon Farley Hey there. I have a friend with the same problem. Me personally, I just involve my wife in the things I read and watch. I bring her in on my journey, so she can have the same epiphanies I do and there isn’t too much of a mentality gap when I share stuff I’m excited about. But most of all take it slow, at goads spead- meaning just be compassionate about it, don’t rush or push. Otherwise, you may trigger self-protection mechanisms that may lead to opposite results. Good luck.

    2. So question: I outgrew all my old sports bras and I haven’t replaced them for some time because everytime I try, the bra doesn’t fit well because I’m not used to the new chest size and due to covid I don’t have a lot of opportunities or the money to buy a quality sports bra. It hurts to exercise, so I’ve been avoiding exercising. Is this just an excuse? Should I just work through the pain? Or is that necessity?

    3. That’s a lot of debt🙈 my husband won’t even look at his bank balance. I’m sorting mine which will take 2 months but I love what I’ve bought this year……. no spending for at least 8 months from now.

  2. Everybody is concerned about the market going down but refusing to take advantage of it. The best decision I ever made in my life was investing in the crypto market. Trust me guys, it really pays a lot! 😊

    1. She’s good and guaranteed, with her, you see Bitcoin trade from a different angle….working with her is all about win win win.

    2. Francesca Wilson has been trading for me, her techniques are marvelous, she made me see crypto trade from another angle, I keep making profits weekly with her

  3. Things you want to buy for household that can wait, note into a list on item name you want to buy and wait one month to determine if you want to buy still, if you dont want to buy you can delete item from shopping list. A single trip to the mall to buy 1 or 2 items will be very expensive considering the depreciation of motor vehicles, petrol, time, energy, risks from criminals, impulse buying on other items costs, and opportunity costs. If you need the item urgently, you should pay for home delivery. Otherwise, wait a month and consolidate the items to buy in a batch to save on home delivery.

  4. the part about living with parents resonated with me so much, i’ve moved back in with my parents about a year ago, after quitting my job I pursued editing as a job and i’ve managed (just now) to pay off all my debts, your videos have helped me a lot become more of the person i want to be, hope you keep making more great videos

  5. I now spend to save etc
    eg I usually spend 10% on crypto eg digital currency and 10% on domain names eg digital land on the internet etc as any investor will tell you that cash in the bank is the worst investment – so I invest 10% crypto and 10% domains eg digital assets each month even before food and bills so that I have digital asset collateral which I can use digital assets to refinance myself should I need to etc plus as I day trade options on the stock market for years in practice accounts etc people don’t realise that anyone can trade the stock market from their phone with the potential to make 10%+ return on investment the same day although very risky as most people lose all their money but you only have to type day trading in to YouTube at 14.30pm uk time and you can watch YouTubers day trading live for real and or type domain flipping in to YouTube and you’ll see people buying domain names for £10 and selling them for £1000’s
    hope this helps someone

  6. I like the simple statement that the basic goal should be financial freedom, not being rich.

  7. She is a popular trader, Stacy Griffin is the person that gave me access to know more about trading

  8. The first Matt video I ever watched. I remember thinking two things:

    “Damn, what great insight. I love this guy.”

    and

    “Damn, I really need to start a YouTube channel.”

    Four years later I finally did. Thanks Matt. You’re the goat.

  9. Being mindful of what we consumne is different from living paycheck by paycheck. My mindset is that i have the right to be rich and money really can help me enjoy my life & support others easier. I feel myself deserve to the things that i want, but i also need to be insightful of what is the thing that i really need to avoid being in trap of comsumptionism. I love the idea of simple&free lifestyle with free finance.

  10. I was able to save a lot of money in 3 years. I landed a 3 year consulting gig paying over $100K a year. I reside in the mid-west where there is a lower cost of living. I lived with my Mother ( I paid her rent). During this time I also paid off my $15K student loans and $18K Jeep. Now I have zero debt, still making over $100K and able to focus on building wealth via investments,etc

    1. Most people remain poor only because friends and relatives discouraged and advise them against investing and cyptocurrency trading, while the wise ones kept investing and growing higher financially

    2. I can relate to you. I decided to trade so that I won’t have to depend on the employer for my paycheck. Learning the market has definitely been a challenge. I hope you give expert Stacy Griffin a try

    3. Stacy Griffin has opened my eyes so much and I’m 39. Started investing few months ago. I’ve put in total of $35k and I’ve up to $270K now. Pretty happy about THAT

  11. Now is the moment to diversify your income. The finest choice someone can make is passive income. I made the finest decision ever by investing in cryptocurrencies. Diversifying your sources of income is the only thing that can truly ensure financial security.

    1. She has been taking care of my account for months, and I’ve been withdrawing 6,000 USD profit every week, so you’re not far from making a lot of money.

    2. My first experience with her gave me the assurance that has made me to invest without fear of loosing

    3. My first investment with Jessica Marie Gibbs financials gave me profit of over 24,000 US dollars and ever since then she has never failed to deliver and I can even say she’s the most sincere broker I have known

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