hello swedish potatoes
welcome back since we've been deep in
our fields the past couple of videos
talking about the art of being alone but
not lonely insecurities
as well as perfectionism today i thought
we'd do something a little different i
feel like it's a very
important topic and subject which is
personal
finances over the past couple of years i
finally started making real money and
started saving real money
as opposed to no money as you guys know
when you first
start doing something creative or when
you first start on youtube you're
basically not making any money so i
thought i'd share five tips on how i've
been able to make six figures while
doing what i love
flat twist you have to do a lot of what
you don't love to be able to do what you
love
but we'll get there in a little bit
before we get started just keep in mind
that i'm a little potato on the internet
i'm not a licensed professional nor
am i a financial financial finance
advisor financial advisor
these are just some tips that i wish i
knew before i got started
and let's get started with the video
as we always say while it's important to
make sense of our past focusing on the
present will actually be
far more constructive so no matter where
we grew up
how we grew up these are things mostly
out of our control our parents may have
been living
in a foreign country or working multiple
jobs trying to make ends meet which
means they don't have time to teach us
how
to spend money or save money either way
given our circumstances what we can't
control
is how we choose to move forward the
alternative is fixating on things we
can't control like our past and our
childhood this isn't to at all discount
anything that happened back then more so
realizing that fixating on things we
can't change
won't lead us anywhere that we want to
be there's a reason why we always talk
about reframing our circumstances as the
first tip because i really believe that
making sense of our past making peace
with our past will allow us to be fully
present and will allow us to think about
and to dream
about the possibilities so once that's
solidified something that goes hand in
hand with that
is staying open-minded and staying
curious and wanting to learn about how
the world works for example getting
started on youtube i dug deep into the
tech industry
advertising media entertainment industry
knowing that there's a future here and
at the same time there's money to be
made in this space
as well i talk in depth about all of
this in my how i
made money and how make money now video
i'll timestamp it specifically where i'm
talking about youtube and how i got
started and the research that i did
where i was versus where i am now of
course
now i'm far more along this journey
i'm saving more money i'm making more
money but at the same time if i want to
compare myself
to like the ultra wealthy of the world
then i'm actually still like a very very
very small potato
no matter where you are in life there's
always room for improvement and there's
always
more that you can learn so for example i
came across a video with robert kiyosaki
he's the author of rich dad poor dada
this is the quadrant that he made you
have
your employee you have your
self-employed you have your big business
which has
500 or plus employees and your
professional
investor and i realized i'm still
on this side this is where you're
trading your time for money
while on the other side is where true
wealth is made and here's a definition
of wealth that i thought is very
interesting
wealth is assets that you earn while you
sleep it can be
technology it can be stocks it can be
creating videos on youtube
it can be real estate it can be you know
there can be many many things that could
be considered as this
and when i saw this video i realized oh
wow there's actually
a lot that i don't know about this world
and there's a lot that a lot of people
who are much much smarter and much much
further along
the road than me who know a lot more and
that i can learn
from so with all that being said i think
it doesn't matter where you're starting
out
so long as you develop a growth mindset
you'll be able to overcome
almost any tribulation that comes your
way reframing your circumstances
staying curious i think these two is
like the fundamentals like the core
of life
second point
within this tip i want to give five
quick tips
of things that have really helped me
save money over time and just be mindful
of my spending habits
the first one live within your means and
don't spend more than you make i know
this is a very
straightforward one but one that i think
just needs to be
it just needs to be the first point
because it will affect everything else
if this first one isn't taken care of
and i'm also learning that the money you
save in your 20s is worth exponentially
more than the money you save in your 30s
due to compound interest but that's a
separate video topic that i probably
won't get into for another one year or
two because i'm just learning about this
living within your means and spending
less than you make will also help you to
always pay back your credit card in full
do your best to ever carry over an
unpaid balance or
pay interest on extra credit card
spendings and always try to avoid debt
because i feel like that's just a pretty
downward spiral of spending more not
being able to pay it off and then you
spend more and then it just carries over
and then there's interest and then
there's more money and then it's just uh
it's just like not the best cycle it'll
be helpful to have an emergency fund
worth
three to six months of your expenses so
that if something were to happen
if you know common hits if just if
anything happens you'll have a little
bit of cushion
to be able to survive at least for that
time and this emergency fund is
something that you set aside that you
won't
touch because it is for emergency use
only this point requires you to know
your monthly expenses which
will help if you are tracking your
spendings and or budgeting and of course
knowing how to save money a general rule
of thumb is saving at least
20 of your monthly income i could be
wrong so i will
put it right here if i don't get it
correct next is being mindful of
lifestyle inflation
meaning because you make more money you
also want your lifestyle to reflect how
much money you're making but going along
with living within your means and
spending less than you make even if you
come up maybe just you know
go up a little you don't need to go up
that much because that means you're not
really saving much
the last point within the this rattling
of the tips is
knowing your why i think we talked about
this in previous financial videos
knowing why you want to save why you
want to make money why you want to do
anything that it is that you want to do
will help you stay on track
especially when it comes to finances so
why
you guys have been following my channel
since the beginning you know
i love thrifting i love thrifting so
much that i stopped talking about
thrifting on my channel because i didn't
want to ruin
the experience of thrifting both of my
tops right now that i'm wearing they're
both lifted i would say
like at one point eighty percent of my
closet was thrifted i enjoy
shopping i enjoy buying clothes i enjoy
dressing up nicely
sometimes every once in a while and not
wear sweats so if there are things that
you know you
like to do and if you know there's
things that bring you joy
instead of paying full price for that
joy you can always
find ways to get what you want at a much
more affordable price i seldom buy
things full price i always try to find
things that are sale
whether i can find an online coupon
whether i can get free shipping whether
i can get
any sort of discount i'll do my best to
get it discounted
especially when it comes to buying
things online there's almost
always coupon codes if you sign up for
newsletters you can get 10 percent off
or using cashback sites like racketin
that will give you
money back for the purchases you're
going to make anyway for example going
on sephora sometimes there's two percent
cashback four percent cashback and eight
percent cashback of course eight percent
is a lot better than two or four percent
but
i think any amount of cashback is money
you would have given to the
companies that you can now take back for
yourself
so big and little ways of saving money i
think over time it's important because
they all add up
i've personally been using bracketing
since they were called ebates
back in 2016 and over the past
four years now i've saved hundreds if
not thousands of dollars if you guys are
familiar with racketing they're the
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using the link in my description box
below so if you guys are gonna do some
shopping right after we talk about
saving money or if you guys are going to
do shopping for the holidays you can use
racket 10 to get cash back rewards on
all your holiday
purchases along with being thrifty diy
while you can what that means is if you
can make your own coffee if you can make
your own matchas if you can make your
own green smoothies if you can make your
own meals
that will actually help you save a lot
of money long term versus eating out
ordering out buying things out
coupons are great i remember going to
cvs once buying 65
worth of things but with all the coupons
i use i only ended up paying about 20
i got toilet paper tissue paper feminine
hygiene
products and many many essential things
that i need are discounted because
i had coupons coupons are great i don't
know if our generation has something
with coupons but i think they're they're
amazing maybe it's like the
coupon lady thing but hey if i'm saving
money
i could care less so the last thing to
tie
everything up this is something that
we've talked about before knowing what
you want versus knowing what you need
will be very very helpful
in the long run of helping you be
thrifty and helping you just with
everything that it is that we're talking
about in this video
and knowing the difference between
instant gratification versus long-term
fulfillment is also a mindset and
mentality that i think will be great
for all of us in the long term whether
it comes to
spending whether it comes to investing
whether it comes to saving whether it
comes to anything that we do
opt for more long term and think less
short term
one of my favorite questions i love
asking friends is if you could do
anything in the world
and you will not fail what would you do
don't be afraid of taking calculated
risks don't be afraid of trying
something new don't be afraid of things
that are unknown or uncomfortable i feel
like
if there is a time for us to try a new
career or to start a business
or to do anything it is that we want to
do it is now when we don't have as much
responsibilities
as we may have in the future all that
being said there's a reason why the
title side is taking calculated risks i
think the first and foremost
important thing that you need to do and
know is
yourself the second layer is
understanding the industry or trying to
learn as much as you can
about the workings of this new frontier
or of this new field
before diving head first into you should
kind of have a good grasp
and bearings of how this thing works and
how this world works or how this
industry works the world is a very
efficient place everyone has dug through
all the obvious places to dig and so to
find something that's new and novel and
uncovered
it helps to be operating on a frontier
for example when i started on youtube
not many people were
talking about self-care mental health
depression anxiety in the way
that i would have liked to see it being
talked about online so
i took a risk in being extra vulnerable
and to talk
very openly and deeply about my feelings
in hopes that people would find it
helpful and that people would resonate
with it i knew innately before starting
that it was a risk i was
bearing all to the world and showing my
truest selves to the world i could be
completely ridiculed people could not
listen to me i could be
judged all these things could happen but
i wanted to
explore a new frontier i wanted to dig
somewhere where
not many people have dug and this is
how i got to here how i got to where i
am today
it's like steve jobs quote you have to
be a little bit
you know you have to be thinking about
these things and be willing to take
risks
knowing yourself well enough and knowing
that you're capable of doing
whatever it is that you're doing or
maybe you're not and you find something
else or a different avenue
or a different medium so if it weren't
youtube maybe i would be writing maybe i
would be
the logging which is writing maybe i
would be starting a company
creating an app
there really is no substitute to hard
work as we said in the very beginning of
the video that seemed like eons ago
i think a lot of us are fixated on doing
what we love and i think that's
important right i think you need to care
enough about what it is that you're
doing
to want to do a good job but at the same
time knowing that
a lot of times doing what you love
includes doing things that you hate
for example i actually struggle pretty
hard filming as you guys have seen i
struggled with scriptwriting i struggle
with sting too much and not staying on
topic but i think
over time over the past couple of years
it's gotten easier and easier although
it's still not easy i feel in this day
and age it's really rare to see how much
work and
time someone actually puts into creating
anything whether it's content whether
it's businesses
whether it's anything most people just
share the highlight reels or it is the
highlight reels that's what gets picked
up by the media by
people outside and so all of this is
like that image of the iceberg
success is like the tip of the iceberg
everything under hard work
time sacrifices blood sweat tears like
everything that went into
being able to share that tippy top of
the iceberg
i think that really is a true reflection
and great visualization of
what success means and you try comparing
yourself
to someone's tippy top of the iceberg
not knowing that this
is actually all the work that's gone on
under the scenes to make the tippy top
happen
and with that as we've talked about in
the past two videos and insecurities as
well as perfectionism
comparison don't compare your day one
two or three with someone's day 125 or
3021 compare yourself to yourself to
where you were
yesterday half a year ago a year ago and
just put one foot in front of the other
take one step at a time to try new
things experience new things and
eventually you will come across the
thing that will be yours and is yours
and with that thank you guys so much for
watching this video
thank you again to racketon for
sponsoring this video don't forget to
sign up for racketin using the link in
my description box below and with that
thank you guys again for watching this
video
everybody hug i'm late for beauty with
it's filming
ah okay bye-bye this video thanks so
much