Hey yalls! Just came across this video again through Youtube recommendations. This is the very first video I watched from smpratte when it was originally posted. Everything said here just seems to be more and more applicable as time goes on. It prompted me to actually read The Millionaire Next Door a few years ago, which then caused me to make major shifts in my spending and budgeting habits. Since then, we have managed to pay off all of my wife’s school loans and continue to drill our mortgage down to zero. Fantastic video that doesn’t have enough views. Thanks smpratte!
This was a good vid. It introduced me to the book and has had a huge influence on me.
Most important of all it taught me that wealth and humility have a lot in common. I used to look at a young guy in a Mustang and think “he must have a lot of money”. Now I think “how much does he owe on that car?”
The videos are good and all, but I would like to shout out some of the thumbnails. These maybe the norm now, but when they were first published, it seemed out of left field for Scott’s videos (atleast to me). These are just gold, where it seemed the meme page was leaking onto his videos.
I remember someone saying wealth can be measured as how long you can maintain your lifestyle after losing your job.
My perspective changed as I got older and I basically realised that net worth isn’t visible but materialistic things are, most people judge on the latter.
I remember wondering why my university professors had 10+ year old beat up cars but now I get it
Wealth is freedom, so long as the cost of building wealth isn’t a prison. Be thankful for the important things in life - food, roof over your head, and Pokemon.
Sempiternal is a solid album tho!