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The Secret To Spending Less and Saving More

Jun 06, 2021
If there's one thing I've learned from getting out of six-figure debt and accumulating a six-figure net worth, I realized it was all an inside game, the happier I was with myself and stopped trying to spend money on problems,

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my Finances reflected that from early in childhood you have experiences that begin to shape your relationship with money and for me I started making a connection between money and happiness very early in my life, there were many experiences of the that I can talk about, but the main The general theme was that there were a lot of fights in my family between my parents, even with the in-laws, just an extended family, and to me, to my five-year-old brain, everything seemed to be about money and, therefore, this belief that money is equal.
the secret to spending less and saving more
The happiness solidified and became stronger and stronger as I grew up and as a teenager, when I bought my own car with the money I saved, I felt so cool and powerful, you know, driving around in my convertible that I bought used. Sure, it was a very cheap and beat-up car, but still, as soon as you become one of those kids at school who can drive instead of take the bus, your cool factor increases instantly, so that alone It made that money

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cemented in my brain. equals happiness, money equals status approval, you may have had a different upbringing than me, but we all have some version of this money belief that money is very important and somehow it's the key. to get everything you want in life and increase your self-esteem because why else do many of us spend most of our lives working at a job to get a paycheck going to that job preparing for that job recovering from that job? working on weekends and then

spending

the holidays trying to forget about our work?
the secret to spending less and saving more

More Interesting Facts About,

the secret to spending less and saving more...

I framed everything in such a depressing way, but I'm really trying to make a point here. If you look at the way most people in modern society spend their time, sacrificing their health time with their family to be at their jobs, it is obvious that Somehow, we have all believed in this money is equal story. to happiness. Did you ever see that movie? The Matrix is ​​science fiction, but we are actually living a real version of the Matrix. It's called capitalism, although I believe capitalism is the best way to run an economy. It certainly is. Better than communism, capitalism also has a dark side because it is always focused on more growth, more money, more things, more, more, and so we are stuck in the cycle of being too focused on making money so we can have more things. that they require from you. go out and make more money so you can support those things and so on, and then there's advertising, advertising just feeds this machine of capitalism because the whole point of advertising is to get you to buy more of the subtle messages behind all of this.
the secret to spending less and saving more
It's buy this and you'll finally be good enough, you'll finally be beautiful enough, impressive enough and I'm not making this up, it's something called deficit advertising, which is a marketing strategy that subconsciously implies that you're not enough, but yes. You buy this, you will be enough. Marketers know exactly how to get you to buy by preying on your deepest fears and insecurities. Here is a perfect example. There's this beautiful Chanel perfume ad featuring Keira Knightley. She is incredibly perfect. dream and of course as a woman you can look at this and I think at least for me the natural reaction is wow she is so perfect I look nothing like her now this all happens very unconsciously in a fraction of second, but what happens is that you think you associate buying that perfume with being somehow as perfect as what you see in the ad and that's what deficit advertising is: it sort of points out what you might not like about yourself. itself showing you an idealized, incredibly perfect version of what you could be if I bought this, same goes for advertising for men, similar ad, cologne ad for Tom Ford, there's a beautiful boy who looks like Adonis and he's lying on the bed, he looks really cool and obviously he got laid and he's lying in bed naked, and if you're a guy.
the secret to spending less and saving more
You probably look at this and subconsciously think that if I buy this cologne I will somehow be as attractive and desirable as this guy, like I said it's called deficit advertising and it will be everywhere next time you see an ad, try pointing that out. According to Forbes, the average American is exposed to between four and ten thousand marketing messages a day, that's because we're in this digital age, and combined with this constant message that we're not good enough the way we are, I'm not surprised. . we are heavily in debt, depressed, medicated, obese, the richest and most backward society in history, reflecting on my past monetary mistakes, the theme behind all of this was this kind of constant and annoying feeling of not being good enough, no It's good enough, that's why I would spend it all.
I relied on buying nice clothes, going to expensive places with my friends and not being able to say no to things that were out of my budget after that temporary hit of dopamine you get after buying something, the effect wears off and then the voice of no good enough, not good enough would still be there and really, looking back, I realized that's what made me spend way beyond my means, that change didn't really start until I started being kinder to myself myself, I began to not judge myself so much. and that's when my relationship with money started to heal because I wasn't just trying to spend money on things to fix myself or feel better about myself, okay and while we're on the topic of self-improvement because it has a lot to do with it.
With your relationship with money improving, I'm about to mention the sponsor of today's video that I can hear. Self-improvement and books go hand in hand, literally any positive change in my life, including finances, but also health professional relationships, all of that happened because of what I learned from books, if you've been around, You know how much I love books. I read at least two or three books a month and literally the only reason I can do that is because of audible, because I listen, I listen. to books whenever I can I put on my airpods and listen to an audible audiobook, you know, when I'm walking my dog, preparing dinner or just doing the dishes and this way I can read at least one chapter a day, one One of my favorite audiobooks is The Power of Vulnerability by Brene Brown.
I just finished the third time I listened to it because it's so good. I especially love when an audiobook is recorded in the author's own voice because it feels like they are right next to me transmitting to me. His wisdom straight from person to person As an Audible member each month you get a free audiobook and full access to the Plus Catalog which has thousands of incredible audiobooks, podcasts, and Audible originals on every topic under the sun. my audible library is a mix of autobiographies. help and of course finance books, so here's what I want you to do: visit audible.com, invest with slash or text 500-500 for a 30-day free trial and listen to the book of bernie brown, the power of vulnerability, is so good.
I had so many aha moments while listening to it, there are so many things we need to forgive ourselves for and we are too hard on ourselves so if you are interested in doing the inner work that is needed to truly change your finances because I truly believe that It's an internal game. I highly recommend this audiobook again. Simply go to audible.com to invest or text invest to 500 500 for a free 30-day trial. Well, back to the video, this could have been another way to do it. From the video you know seven tips and tricks to save money, but I really wanted to address the root of the problem, like the deep reasons that drive us to spend money because, honestly, if the tips and tricks worked, we would all be rich and debt-free.
There is no shortage of advice on the Internet these days about how to save money and spend

less

, but honestly, the

secret

to

spending

less

and

saving

more is very simple: just look in the mirror every morning and tell yourself I'm good enough. just as I am. There is no need to keep spending and spending to fill that void by going deeper into debt, I mean, if that is the situation you are in, because from this moment on you do not need to spend a single penny on becoming prettier, more successful. , smarter, thinner or fix anything. about yourself because you are worthy as you are, not as you will be after you buy this or fix this about yourself right now as you are because you are a human being and there will never be anyone else on the planet.
Like you, this is something I need to constantly remind myself and it's a big journey, so the next time you feel the need to buy something, ask yourself what is the need I'm really looking to satisfy most of the time, whatever emotional need I have? have. you're looking to fill it doesn't cost money no matter what society and advertising have conditioned you to believe a voice note to a friend a cuddle session with your dog writing a love letter to yourself sometimes that's all you need It's time to wake up and stop spending money we don't have on things we don't need right now This video was a little different from my usual practical money strategy videos, but I thought it was important to spread this message because money really is 99 behavioral, If there's one thing I've learned from getting out of six-figure debt and accumulating a six-figure net worth, I realize it was all an inside game the happier I was with myself and stopped trying to throw money away. problems the more they reflected my finances that not only that but when we stop judging ourselves for all the mistakes we have made for all the things that didn't go perfectly well in our life or didn't go as well as susan on instagram The more courage we have to face our situation and take the necessary steps to improve where we are and get from where we are to where we want to be, and I think there will be less shame about who you are and what your finances are. and the more you can release that negativity the more action you can take and it will be really aligned and you will feel good and it will come naturally, that's what I found in my experience, it's funny because today I'm on youtube telling everyone about my finances and all the debts that I have.
I used to have and all the mistakes I've made. I can be so transparent about these things because I've done the inner work. I no longer consider it something that reflects on my self-esteem, it's just things that happened, things that I did and this is what I'm doing about it now, that's it, it's just data and information, any other story you have about your finances, In reality, it's just you projecting your negativity on numbers alone, so the more you love and accept yourself and are happy with the way you are and where you are in life right now, I promise you the more your finances will improve because your expenses will come from a much more aligned place.
I am good enough and everything I spend is because I really want to, not because I am trying to improve or fix something. That's all for this video. I really hope you got something of value out of it. It's a little different from the videos I normally make. post, so I'd love to hear what you think in the comments, like this video, if it sparked some interesting ideas for you, share them in the comments because I want to hear and I think that's it. I really hope you have an amazing week. New videos every Wednesday on how to make money, save money and invest money, everything related to money, so make sure to subscribe if you're new here, hit the notification bell and I'll see you very soon, bye.

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