Home page

Warren Buffett: "14 Things POOR People Waste Money On!" FRUGAL LIVING, financial independence

Frames Warren Buffett: "14 Things POOR People Waste Money On!" FRUGAL LIVING, financial independence

Description Warren Buffett: "14 Things POOR People Waste Money On!" FRUGAL LIVING, financial independence

Comments Warren Buffett: "14 Things POOR People Waste Money On!" FRUGAL LIVING, financial independence

I wasn’t financial free until my 30’s and I’m still in my 30’s, bought my second house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone 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 is a grand choice I made Great video! Thanks for sharing! Very inspiring! Comment from : Chris eearls

I only get cable watch spots wrestling with peacock Comment from : Chris Weaver

I only do not I only had eight pack of reses cups last Two half months Comment from : Chris Weaver

That lie I only spent 60 month one cigarettes I did not more eight day at four dollars pack Comment from : Chris Weaver

YEAH, SOME RICH PEOPLES, THEY'VE KEEPS THERE MONEY, THAN BUYING GOOD FOODS , AND WHEN HE AND DIED, THE CHILDRENS ARE THE BIGGEST LUCKIEST ONE , NOT ALL THE RICH ONE KEEPS THEIR MONEY, THE LOVRS GOOD FOODS AND GOOD HOLIDAY MAKES THE FAMILIES A MEMORABLE EXPERIENCED WHEN THEY'VE THE CHILDRENS GREW UP OK NOT THOSE RICH ONE DOESN'T EVEN, GIVES THEIR CHILDRENS, ENJOYABLE TIMES Comment from : Administrator

This is stupid You can do both, enjoy life and invest I enjoy life, I drive new cars, I live in a nice home I enjoy nice clothes and a vacation or 2 every year I have 2 kids, go out to dinner once a week 43 and managed to do all of this, my house is almost paid off and have saved a 7 figure retirement I’m a middle class construction worker I could have more if I followed these pointers but I choose to balance My point is not to brag but to basically say you can enjoy the good things in life and still save money and become financially independent Comment from : Kevin Couto

Trying to impress others Comment from : Goma Dogara

Warren Buffett and damn ego Comment from : Montez Mutcherson

What a load of crap Comment from : Montez Mutcherson

He is making fortune out of other People's money 😅 That's why he is looking as the way he looks 😊 Comment from : 王毅

BBC licence Comment from : Mr Smith

Really good information Love Warren Buffett This should be in every school course Comment from : d S

Women need personal products such as period products Thanks to the pink tax we pay extra because some insecure incel csnt handle women existing Comment from : Wyntre Sorrow

Tattoos Bodily piercings Cigarettes Cell Phones and related equipment Treating student loans like gifts Unwed parenthood Renting or buying more housing than needed Luxury motor vehicles Luxury vacations Comment from : Janet Miller

Very good 👍 Comment from : rajnish singh

I think what poor people spend the most money on today is convenience like Door Dash deliveries, Starbucks coffee, and restaurants A quick second to those are mani/pedi's, NetFlix, Cable, outings like movie theatres, golf, drinking with friendsbrI meal prep and bring my own lunch to work every day and every single day my coworkers ask me what I am eating and laugh at me when I say its something I made at home Eat My Dust I am going to be a millionaire in 10 years and they are going to be stupid debt-ridden Comment from : An Bay

It's about enjoying life for the poor like me Comment from : Rodrigo Tumpalan

Warren buffet is a big shareholder in McDonald's stock , Coke too Comment from : Rob Carfa

I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it Comment from : charlotte pauline

Energy drinks! Comment from : Valerie Dempsey

Does Warren Buffet smell ok? Comment from : Dawn Cox

I have one that should be number 15, but it ties into the one about self improvement Don’t spend money on, or to impress, women Buy a home gym, or get a gym membership Take some classes, or learn a trade Learn to cook Study a martial art This one has several benefits: it helps you get into, and stay, in shape It gives you confidence, and the ability to stand up for yourself, or others that can’t It also makes you dangerous, which most women find attractive Get a hair transplant That also gives you more confidence, and also makes you look younger, and to most women, more attractive Learn another language Dress to suit your body shape, but in a way that isn’t wasting money You don’t need $70 jeans, when a $20 dollar pair looks just as good Doing these things will get you much further with women than spending every penny you have on them It also saves you a lot of money that you can use to invest in some kind of passive income stream The same reasoning applies to women too Get in shape, and focus less on expensive designer clothes, or pricey perfume and makeup, because men don’t care about any of that As long as your clothes suit your body type, we don’t care if they only cost a dollar, just like we don’t care if your perfume is $100 a bottle or $5 dollars a bottle, as long as it smells nice Most of us also don’t like tons of makeup either, so save your money, and just use the minimum, and cultivate a more natural look These things will save you lots of money, and will make men more interested in you than they would be if you were wearing $10,000 dollars worth of designer clothes, accessories, and jewelry Some people may disagree with what I’m saying, and that is fine, but if you’re smart, you’ll at least think about it before dismissing it Comment from : Lee Mastro

So true eating out smoking drinking credit cards r highway robbery if don't pay all next month glad to run across this I can add family borrowing money they never have any intention of paying back Comment from : Sheila Harris

Going out dancing Comment from : WANDA MEDINA

How much money do you need? It's a stupid question, Warren has more than he needs but he wants more, for what, even he doesn't know charity my eye Comment from : Mark

Cigarettes Comment from : Larry Turman

14 useless things it’s more like every day life just takes your money the world is designed to literally take your money no matter what it is really hard to prevent that if your not trying to Comment from : C falletta

biggest waste is the daily Starbucksit really builds up over time to be a massive expense You can get the same type of coffee for much less Comment from : Uwe Heinrich

How about warren Buffett Play affair taxes When 1 1 of the population Possesses over 60 of the wealth , it's no wonder the rest of us Are struggling Comment from : Thomas Marshall

Poor people waste money giving to the mega churches Comment from : Alice Estrada

So he always has huge cost flow and trying to build money with that He is one of the rare value investors that can make that work Many companies that are not growing anymore just have to much executive expense He buys them and cuts that out and runs on rememberance of the brand company Only putting money back if it is value If it is just a money flow that eventially collapses he is okay with that He got more value out of it than what he paid for brbrPlus people that own companies can always rewrite off :D the thing about this rewrite off is that it is less expensive for his companies Becuase he has them on autopilot and just him and a few others managing them all brbrSo think of it as 10 companies with the same executive board instead of 10 boards Comment from : TheRoidemortetfleur

A lotto ticket is a great gift It is cheap but could be worth alot brbrAnything use you buy at that price would be laughed at or just a game of exchange expensive gifts neither wants Comment from : TheRoidemortetfleur

If you dont spend your money like Buffet you still ain't rich Comment from : De Generalist 30

I spend about $45 a week on food salads sausages eggs bread and stuff to make vegetable soup tee no junk food don't own a car my house is paid for no cable tv it's not what you earn it's what you spend all I make is $13 hour Comment from : scruffi83

Great job! I find this channel a good help in understanding the unique problems facing we individuals, I wish they taught me this in college As a beginner I was scared of losing my savings, you've helped me a lot Vilma Kim Imagine investing $2000 and receiving $8,600 Comment from : Jerry Renji

Everything we have is from God! He provides all our needs! Comment from : Wan Eng

Hail Mammon, Hail Clauneck, Hail Bune All hail the true trinity of wealth Comment from : LongShot90

What moron doesn’t already know all of this? He is spot on with some of his comments and some has nuance to it Example… most of my family is from Detroit and work in the auto industry and I get heavy A plan discounts so I only buy a new car every 10 years and for years only bought when 0 percent was available In a lot of cases it would cost me more to buy a used car in the same model, because of higher interest rates Comment from : Doc holiday

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Rebecca Hickman Comment from : Caitlin Brett

I’ve noticed a lot ofobviouslypoor people who have brbrI’ve noticed a lot of obviously poor people who have extensive tattoos and rings in their noses, lips eyebrows and wherever People with bad judgement usually end up poor because they can’t resist silly trends Comment from : Dave Lorenz

This is my favorite that I've taught my sons: What's the BEST car on the road? Answer: One that's paid for I am confident I've saved probably $100,000+ in the last half of my life paying cash for used cars, keeping them as long as it makes sense No debt feels great and it almost encourages more frugality Comment from : MRKNKLHEAD

When Warren Buffett would be a smoker a pack was $15 Comment from : To boldly go since 2008

I wonder what would the economy look like if everyone turned to saving every single penny Comment from : Artur Olszewski

Heard someone say the best season for a financial breakthrough is now, especially with inflation running at a four-decade high I have approximately $350k stagnant in my port_folio that needs growth What is the best way to take advantage of this downturn? Comment from : stockRage

I was told the best way to save money is not to spend it Comment from : Ross Biddulph

Mine downfall is cocaine Comment from : Ty Chapman

I saved money by no longer using toilet paper or showeringbrbrNow ive saved up over $200 but for some reason I lost all my friends 🤷‍♂️ Comment from : Steven Brown

10)Vehicle rentals One Florida agency rents out Slingshots at US $300 a day Comment from : leon dillon

👍👍👍👍👍 Comment from : Me 714

Basically, the golden rule is 'don't buy crap you don't need' Definitely DON'T buy new cars, as you lose thousands, as soon as you drive it away (instant depreciation) Some great frugal lifestyle tips, thank you Comment from : professorclown

Damn What a mediocre life Even not being rich, and having not even 01 of Buffett's wealth, I have a way richer life than him Comment from : Victor Streithorst

some people at some points in their life spend money so they do not seem as poor as they are given the way people act towards poor people Comment from : tyrecies

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 The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them Well, at least my advisor does too, jokingly Comment from : Raul Romero

After I learned about depreciation, I would never buy a car newer than 5 or 6 years old If you stay a generation or 2 behind on video games, it's like 10 times cheaper to play them Only borrow money to buy things like a car or home, & never borrow any more than absolutely necessary Comment from : Chilly Dawgg

Liking for the extra 25 dollars a month Lookin forward to that check 💰 Comment from : Nicolas Vaughn

Lottery tickets Poor people buy the dream of getting rich False hope and wasted money 💰 Comment from : Linda

Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs Retirement choices determine a lot of things My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k My mom retired with about 42 million, but my dad retired with roughly 18 million Comment from : Edna

Having lot of money like Warren Buffet and not spending is the real foolishness Comment from : Peace & Kind

Nobody wants to be a Munk His family will piss his money away after he is dead Comment from : Steven Littrean

WB is malnourished if his main meal is McDonald's Comment from : Duggie Fresh

👍👍👍 Comment from : Naro Aier

He buys NO personal products? No soap, no deodorant? Comment from : Love Music

I can tick almost everything you have described Except that I didn’t use my savings for investment In my late sixties, I realised that savings and investments were different Good advice for the younger generation👍 Comment from : Gururaj BN

So, just stay in and do nothing! sounds great!!! Comment from : Brian Davis

Shoes Comment from : Defying Gravity

there were 2 suggestions that I liked the most; first Cigarettes, so offensive especially leaving their butts all over and a fire hazard Two was the last one, Credit cards, unfortuneately I have 2 and am in a hurry to payoff as it is money on money at high interest rates, that I hate to pay! Oh, the prior suggestion Taxes, that is a good one Why should we have to pay taxes to the US Gov who overspends and is currently funding both sides of the Ukraine war on our dime! Comment from : Abbi Brennen

Poor people spend far too much of their income on housing If you can’t afford to buy a house with a 30 yr fixed rate mortgage, you have to rent, and rents just keep going up and upbrThey also pay too much to wash, dry their clothes if they use laundromats A person could save the money used to wash and dry at laundromats for a year and buy a cheap washer or dryer (if they had a home to put it in)brIt’s expensive to live as a poor person, that is, if you want a place to live and clean clothes to wear Comment from : B J

I have been debt free for over 25 years! Thank you! Comment from : Lee Montoya

I’m pretty sure he buys deodorant, which is a personal care product Comment from : penguinZ85

Tattoos Comment from : Terry White

I'm too poor to waste money on these things They belong to the middle or upper middle class in my environment, and I'm a teacher Comment from : Tempest Sonata

Our family income is around a quarter million per year I drive a 13 year old LX 570 My significant other drives a 13 year old Toyota I just got my LX570 after having owned a 4Runner for 22 years I still drive my 4runner brbrAs I drive around our town and look at other people's vehicles I think to myself "How the hell can they afford that?" And it's not just one or two here and there, it's dozens of expensive cars in the hands of people who I imagine are not in the same income bracket Crazy Comment from : Dr Emil Schaffhausen

When we were house shopping, both of us had jobs We based what we could afford on just one income, just in case The mortgage company had approved us for much more We were tested on that just a few months later when the company my SO had worked at for many years announced they were closing That was 20 years ago and we still live in the same house Comment from : bhquilter

One thing I have noticed but not seen mentioned here is how so many low income people have expensive tattoos Comment from : bhquilter

The biggest waste of money is interest, always pay more than the minimum payment on your house and your car, credit cards are for emergency only pay them off immediately Comment from : Thomas Erdmann

I am 61 years of age, I am entirely alone I have no family, no friends, I am disabled and on welfare I left the city 2 years ago to live in the country I currently rent an 1 bedroom winterized cottage I turn off the heat at the end of April And I don't turn it back on until after mid November I don't use air conditioning I don't have a motor vehicle I either walk or ride a bicycle brbr I don't have a television And I don't do any of the things Buffet warns us not to do My position is, if I can't earn, I must save My rent is $25000 lower My transport costs are zero I pay $3,25 once a month to have my food delivered I do drink But I drink at home brbr I have not been in an restaurant for nearly 10 years I have not been in a coffee shop in nearly 3 years I have an internet connection which is included in my rent I cancelled my cellular telephone contract at the end of January Because nobody calls me anyway I save $4077 per month brbr I buy everything I have to buy ni thrift stores Including my glasses The prescription is not exact But it is close enough And paying $300 for a pair of used glasses is cheaper than paying $25000 for a new pair of glasses I had to make some repairs to my (rented) house recently I bought a used drill for $500 I wash my clothes with sodium bicarbonate, cheap hand soap, and white vinegar I dry them on my patio brbr However, the governments so - called "net zero" objectives are making my life much harder than it should be Last year, an 50 lb bag of potatoes cost $9,99 So far, this year, the price has fluctuated between $1999 and $24,99 If food price inflation continues to escalate, because of the so - called "carbon tax," I will be reduced to eating grass brbr Currently, it is very hot where I live, in Southern Québec The temperature is 90 F I have an air conditioner, that I found thrown out as garbage But I don't use it I just have to tolerate the heat I subsist primarily on a diet of vegetables And primarily boiled potatoes I eat no more than 2 meals a day brbr If anyone has any ideas about how I could reduce my costs further, I would appreciate hearing from you Comment from : Dermot Anthony David Kyne

My Grandfather was a Scotsman and my Grandmother was EnglishbrI learned "frugalness" growing upbrMy Grandfather was also an accountantbrI learned all these lessons from a young age, and they have served me wellbrbrIn today's economy, it is hard for so many to live and/or survivebrHowever, I am still getting my bills paid each month and have bra small "nest egg" for emergencies because I know they will comebrbrWhen it comes to financial matters, I still have my peace of mindbrliving a modest life, and so grateful I have all these years Comment from : Jeanie Edwards

The tired excuses of "wealthy men" who will never admit the screwing of every person they ever met Shutting down Leamington, Ontario was Warren's biggest ever screwing of thousands of peopleSuccess, Warren???? Ha ha ha Comment from : Robert Cox

Is this a joke pod cast Comment from : james dunn

1 thing rich minions don't have - a soul Comment from : Darren Daz Cox

Fact is poor is poor and cause income so you can try save money as u can but you still are poor But i'm agree people buying useless shit too much Comment from : Sven

Get rid of the TV it’s all garbage!!! save your bucks!!!😊 Comment from : Lillian Elliott

I’m horrified that Waren Buffett eats McDonalds every day Comment from : Susan L C

This is bad advicebrNothing is waste if it makes you happy Comment from : Linda Johnson

One will have understand and accept bad financial decisions It has been my experience the poor do not understand the basics of budgeting or getting value for their dollar in my opinion Comment from : meme me

I knew someone who would spend $20 a week on lottery tickets He was so happy when he would win 5 or 10 of it back Some people just don't get it Comment from : Marin husky

Don't buy cars that use only premium gas Comment from : Winston Smith

Interest Comment from : Daniel Dilger

I try and not spend money frivolously My first wife and my present wife think Suff equals rich brI dont smoke drink run around gamble brI work 55+ hrs a week Yet im just getting buy I do eat out But im a trucker Comment from : Jerry Kinnin

Fifteen dollars for a pack of cigarettes? Where the hell do you live, in Canada? Comment from : David Cruz

Wasting money on women🎉 Comment from : Phillip Ng

So you've got billions of dollars Who cares? You'll end up in the ground like the rest of us Comment from : ⭐️Roju⭐️

A penny saved is a penny earned- Comment from : William Barr

Related Warren Buffett: "14 Things POOR People Waste Money On!" FRUGAL LIVING, financial independence videos

Warren Buffett :"12 Things POOR People Waste Money On!" financial independence , financial education РѕС‚ : Athena Wealth Download Full Episodes | The Most Watched videos of all time

Dave Ramsey: 25 Things POOR People Waste Money On! FRUGAL LIVING 2023 ? Financial Independence ? РѕС‚ : Investor Weekly Download Full Episodes | The Most Watched videos of all time

Warren Buffett : 7 Things POOR People Waste Their MONEY On (Expert Tips) | Fintubertalks РѕС‚ : FinTuberTalks Download Full Episodes | The Most Watched videos of all time

How To Invest Like Warren Buffett | Warren Buffett: Inside the Ultimate Money Mind Review (TIP513) РѕС‚ : We Study Billionaires Download Full Episodes | The Most Watched videos of all time

7 Things Middle Class People Waste MONEY on?| Things that make Middle Class Poor РѕС‚ : GREAT IDEAS GREAT LIFE Download Full Episodes | The Most Watched videos of all time

Warren Buffett: How To Live On A Extremely Low Income (2023 Frugal Living Tips) РѕС‚ : Brothers Invests Download Full Episodes | The Most Watched videos of all time

Things POOR People Waste Money On РѕС‚ : Valuetainment Short Clips Download Full Episodes | The Most Watched videos of all time

15 Things POOR People Waste Money On РѕС‚ : Alux.com Download Full Episodes | The Most Watched videos of all time

80 HACKS TO SAVE MONEY | FRUGAL LIVING TIPS WITH FRUGAL FIT MOM РѕС‚ : Frugal Fit Mom Download Full Episodes | The Most Watched videos of all time

50 EASY FRUGAL LIVING TIPS TO SAVE MONEY FAST | Frugal Habits That Actually Work РѕС‚ : Kelly Anne Smith Download Full Episodes | The Most Watched videos of all time