7 Things To Stop Buying In 2025 To Get Rich In 2026
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Seven Spending Habits to Stop to Fund Your Investments
Stop hemorrhaging money on unnecessary expenses immediately. Learn the seven common spending traps that prevent Americans from starting their investment journey so you can secure capital this year.
Short Summary
- Eliminate the "stupid tax" (impulse buys, vices, fees) to free up thousands annually.
- Avoid financing depreciating assets like new cars, which locks you into perpetual payments.
- Implement a mandatory monthly money audit to expose hidden spending and subscriptions instantly. This video details seven specific areas where consumers bleed cash, focusing on replacing immediate gratification (looking rich) with long-term wealth accumulation (becoming rich). Mastering these cuts provides the immediate cash flow required to start investing aggressively.
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Top Comments (10)
You gotta make sacrifices. When I struck back out on my own again after my Ex bounced on me I took on massive debt from her insane shopping habits. I moved into the crappiest apartment I could find, and I figured out that CVS pharmacy did weekly rotational sales on Cereal brands. I could eat (mostly cereal, not healthy) for $20-30 bucks a week with Milk. I didn't love it, but I saw an end in sight. It was the stepping stone in getting me to where I am very financially secure many years later at 40. It also trained my mind to be able to make necessary sacrifices when I really wanted something... Like cutting back on everything for a year before purchasing my first home in Los Angeles at 30. ❤
Bottom line: live below your means, invest the difference, retire in style.
Within the past 20 years, I've been able to live in 4 foreign countries as a digital nomad. I've been able to work just part-time. I've been able to complete two university degrees. How so? Because I canceled cable TV in 1995. Limit my paid streaming TV/movie watching to less than $15 per month. Have lived a car-free life for the better part of 15 years now, living in walkable neighborhoods. Instead of driving 1/4th mile to ALDI, I walk. Instead of driving 1/2 mile to Target, I walk. It's interesting how many of my fellow Americans laugh and bully me because I don't own a car. But again, not owning a car and being thrifty not only helped me reach my goal of living overseas but also helped me reach my health goals. Walking daily instead of driving? I've lost 130 pounds ( 58 kgs) and my stress level is at zero.
I Drive a 2006 Toyota Tacoma. 200k miles. I’ve Had it for 10 years. Plan on having it for another 10. Fix and maintain it myself when I can. Investing everything I save. Great advice !
The W.A.L.C.O talk hit me personally thank !
ALDIs and Trader Joe’s are inexpensive and quality grocery stores
Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/305416 WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
You’ve got to find a balance because we may not make it to retirement! Spend some, save some and invest some! Enjoy your life in a smart way.
Remember folks, retirement isn’t about age, it’s about freedom. If you had enough at 1 year old, you’d already be retired for life.
“Look rich, rather than be rich.” This is so on point!
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Top Comments (10)
You gotta make sacrifices. When I struck back out on my own again after my Ex bounced on me I took on massive debt from her insane shopping habits. I moved into the crappiest apartment I could find, and I figured out that CVS pharmacy did weekly rotational sales on Cereal brands. I could eat (mostly cereal, not healthy) for $20-30 bucks a week with Milk. I didn't love it, but I saw an end in sight. It was the stepping stone in getting me to where I am very financially secure many years later at 40. It also trained my mind to be able to make necessary sacrifices when I really wanted something... Like cutting back on everything for a year before purchasing my first home in Los Angeles at 30. ❤
Bottom line: live below your means, invest the difference, retire in style.
Within the past 20 years, I've been able to live in 4 foreign countries as a digital nomad. I've been able to work just part-time. I've been able to complete two university degrees. How so? Because I canceled cable TV in 1995. Limit my paid streaming TV/movie watching to less than $15 per month. Have lived a car-free life for the better part of 15 years now, living in walkable neighborhoods. Instead of driving 1/4th mile to ALDI, I walk. Instead of driving 1/2 mile to Target, I walk. It's interesting how many of my fellow Americans laugh and bully me because I don't own a car. But again, not owning a car and being thrifty not only helped me reach my goal of living overseas but also helped me reach my health goals. Walking daily instead of driving? I've lost 130 pounds ( 58 kgs) and my stress level is at zero.
I Drive a 2006 Toyota Tacoma. 200k miles. I’ve Had it for 10 years. Plan on having it for another 10. Fix and maintain it myself when I can. Investing everything I save. Great advice !
The W.A.L.C.O talk hit me personally thank !
ALDIs and Trader Joe’s are inexpensive and quality grocery stores
Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/305416 WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
You’ve got to find a balance because we may not make it to retirement! Spend some, save some and invest some! Enjoy your life in a smart way.
Remember folks, retirement isn’t about age, it’s about freedom. If you had enough at 1 year old, you’d already be retired for life.
“Look rich, rather than be rich.” This is so on point!