Spend Your Money When You Are Young

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Title	:	Spend Your Money When You Are Young
Lasting	:	0.36
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Views	:	2,3 jt

Terrible advise Young people spending their money is exactly why they don’t have savings for a house, a car, etc
Comment from : @ethxo6734

Yes, but compound interest won't be so forgiving You're giving up your very BEST years for growth
Comment from : @Foslopac

I have to disagree on the saying that by spending when you're younger (such as a hotel that cost 5000 INR) will give you a satisfaction guarantee so that in the future you will not regret it In my opinion as a 23 year old, the reason for this is as people grew older and missed their youth, they might created a what-if scenarios had they done something differently Also, if this speaker in question had spent 5000 INR occasionally on hotels, they might not be in the same position today giving podcasts about finance, since he probably would not create a budgetting habit (which I think he probably missed) and by today, he might advise us to save more since it was what he would have missed since it will be in the pov of him having less money My two cents is, spend some, save some, which still echoes the speaker's perspective, however the focus is not solely on spending more when you are younger, but to specifically create a budget so you have a balance in between
Comment from : @kennywen3041

This is what I was searching for yahi real truth hai
Comment from : @AmitSrivastava-u5i

live with cheap thrills, stop nonsense spending but on the experience like a vacation, gifts , health
Comment from : @Jay-br2ud

Pretty simple, start young and make millions of dollars in your twenties and spend 20 of whatever you makebrbrThat’s what I’m doing and it’s going pretty well
Comment from : @arthurbissi

ok give me some to spend
Comment from : @goodguy4441

Maybe that's for specifically prices of hotel rooms in IndiabrbrBecause OVERWHELMINGLY, the stock market outpaces inflation brInvest at least SOMETHING when you're young
Comment from : @AlmightyDude420

Dekho kaise maa chodne me lage h younger generation ki brSave money invest it in any thing like sip buisness
Comment from : @KrishnaMurari-e6w

To iske according buddha hone pr zindagi jiyo 😅😅 bhai amount save kro earn kro spend kro
Comment from : @pushapakkumarpal4106

This is a great philosophy, but building long term wealth means building discipline, and you can’t do that if you are continuously spending money on luxury hotel rooms or what have you Once in a while is fine
Comment from : @PhineasNigellus99

You can do both, I did I spent loads on stupid stuff like Gucci/LV, BMW etc but now I still have those things and enjoy but save crazy now which is easier because I have more earnings too
Comment from : @BIG2hats

Incomprehensible gibberish
Comment from : @uFFFO

Right right right, except that with todays wages you can’t go in 5 stars hotels when you are in your twenties Everything skyrocketed but the salaries and this kind of boomer tells you to spend Nah invest young and use compound interest to grow your networth
Comment from : @byTozR

I'm following this moto
Comment from : @marshal1303

Remember friends, saving and investing are two different things 5000rs compounding in Nifty50 index for twenty years will be 23,76,400rs
Comment from : @ungalpunga

It is true Having intercourse at 20's is different from having intercourse at 40's and 60's
Comment from : @msn4975

No ankur warikoo was hurt in this video
Comment from : @spiderman-wh3vl

beta mindset
Comment from : @MatthiasShorts

You can spend and save to live the life you can actually afford No one can afford a 5 star hotel And if they could maybe is not the most optimal choice and they are literally wasting their money away So my advice is to be consistent on saving and on your inflationary way of life, according to your income and equity
Comment from : @homero_con_lechuguilla

I completely agree with what he’s talking about !
Comment from : @IlikeSankalp

I am doing the exact opposite Saving/Investing until I have enough income to work a job I actually like and never worry for the rest of my life This guys advice only works if you make a little over enough to meet cost of living and won’t grow any safety net
Comment from : @jackmacziz6140

just don't complain about not having a home or any money to do anything when you are older if you blow all your money when you are younger You aren't going to want to grind when you are older to catch up and regret not being smarter with your money when you were younger Learn to enjoy life without the need to be a constant consumer I'm financially able to do a lot more now in my later 20's with no worry than if I tried to do everything in my early 20's when I was broke I'd be finically stressed if I spent Instead I have a condo and a brand new car with plenty of cash to do what I want
Comment from : @JustMe-XSE23

Definitely agree with this With the rate of inflation it often was cheaper to take the holiday when you were younger if you could afford it than to do it 20 years later when everything is much more expensive And that is without taking into account the opportunity cost, the amount of money I lost in wages taking 4 months of leave to go travelling in my 20s is pennies compared to the cost when further ahead in your career
Comment from : @reggioinspiredhome

i'd say, rather spending on your expenses INVEST it on SIP and mutual funds, invests in basics of long-term it grows 30-40 of your funds
Comment from : @Rohan55523

Out of context in a youtube short this advice doesn't work Youtube shorts simply dont work for meaningful and impactful financial advice
Comment from : @milesborg9812

i do both , in my 20's i partied and saved , had fun like crazy and still saved a few here and there make life worth it when you're still young
Comment from : @ronaldsales2579

Get this Indian bs off my feed
Comment from : @ItBeHowItBe47

This jerk is best at bullshitting
Comment from : @fourvoyagers

Wow, often times we are so focused on saving for tomorrow that we forget to leave todaybrI need to redefine my priorities
Comment from : @blessingonyilo1769

intesting take on mate
Comment from : @TheTeddd

Not the top financial advice but definitely top tier life advice
Comment from : @ainzNemesis

One of the best tips on finance internet I am 21 and I have a good amount of money by working, saving and investing and also studying since my 14 years old I had a emocional crisis in my early 21 because I saved all I could but I lost the sense of enjoying the things (dinners with my friends, girlfriend gifts, etc) I am very proud of saving but I think it is better save and enjoy at the same timebrI am already doing this, also paying inviting sometimes to my friends and family and I am enjoying more my situationbrI think more saver people have to know about this but I think each person have to live each own experience
Comment from : @8dani873

I would say the vast majority of people don’t need to learn how to spend their money, they need the discipline to not spend everything they have
Comment from : @zachdarr7605

Balance Power of compounding is so high when you are young, but also only working and saving will leave you unmotivated and unexperienced later in life Save a little Experience a little brbrAlso to his point, spending early while you still have a lot of time will help you realize what is important to you in terms of spending and what isn’t worth it to you
Comment from : @Rafedavic

This guy trying to sell his hotel rooms 😂
Comment from : @axeltech9914

Before you invest you should learn to earn
Comment from : @tushar98

Ulte dimag ka aadmi h
Comment from : @paisokibarish1552

I spent a lot of money travelling when I was younger I would absolutely would never regret this spending I am now saving good money to catch up
Comment from : @liamgrant8251

Sorry but this is totally wrongapart from compounding, you have much fewer responsibilities when you are young You can take a smaller apartment, you don't have to take care of a family, you don't need a big car your savings potential reduces with age, while you can have a great life when you are young while still saving 30 to 40 of your take home
Comment from : @mamba24281

Saving is really just spending it later There’s no such thing as saving “Saving” for a car is just spending on a car down the road “Saving” for retirement is really just spending money in 40 years on an old folk’s home You get my point
Comment from : @Greatscott24

I love this fin advisor, very wise person and practical Does he have his own YT channel??
Comment from : @Kris_where_are_you

मैं कर रहा हूं यूट्यूब uninstall इंस्टाग्राम आदि तो मैं पहले ही uninstall कर चुका हूं। ये सब मिलकर हमें पागल बना रहे हैं।
Comment from : @dineshgodara202

When I first read The Secret Doctrine of Wealth, I realized how stuck I was in the system It’s crazy how much it changed my perspective
Comment from : @JaysonisGod

This video explained about drastically increase of inflation in India
Comment from : @RamCharan-z1o

Keep liking this video so that this will pop up and remind me
Comment from : @kkww5034

ye kuch naya laye hain
Comment from : @sachinkulshrestha579

Nah thanks I always went to cheap/best value accommodations I got to plenty 5 star hotels later from my job or scholarships and it wasn’t the great deal to me You can get pretty decent airbnbs with 1/5th the money That said, I traveled for months and spent all my money when younger I’m making much more than I could have saved now
Comment from :

Dont listen to this man Their generationn enjoyed hedonism maxx pro while our generations will be squeezed for every penny
Comment from : @nadiaillustrates

Don’t spend on luxuries unless you have tons of money brNo one knows future
Comment from : @India1947o

Life is race and every one as it own destiny and speeed 😊
Comment from : @pratiknarule9985

I had kids at 40 and spent my 20s and 30s travelling and understanding the world I grew content by the experiences So today when my wife and I save & invest 75 of our paycheck I don’t feel deprived at all I have no one to impress and don’t care of what people think of my material possessions and outward appearance at parties But it takes life experiences to build a strong spine
Comment from : @pranavchadha2447

Absolutely 💯
Comment from : @sanzivsanziv7376

No, save guys
Comment from : @puneetsharma9493

I like that guy 😂
Comment from : @manishdhal9196

I am saving 50 of my salary and spending 50 of salary
Comment from : @trinathanantham8755

Kya masti karte hai yeh log
Comment from : @VarunKumar-zl7ej

Terrible advise If you have have invested on assets out performing inflation you can stay for a month Buy bitcoin
Comment from : @sathishseevaratnam3964

Valuable advice
Comment from : @manojkumarsalugu4077

What he is saying is live your life while you are the healthiest and not when you are wealthiest without health or energy to enjoy life
Comment from : @NK-my2dz

Moral: live ok and save and invest
Comment from : @JWill-b4i

SPEND when you NEED🤏brINVEST which you SAVED🫰
Comment from : @rakeshparmar-tw6eo

Nosave the best for last No finished it till it last
Comment from : @mohamadsalihinsadimon2555

Don’t listen this shit
Comment from : @harikrishnan-s2f

100 agreed
Comment from : @harshrana404

True if you keep saving in intial days your life experience will be lessin the early age you need to learn about spending toobrI am not saying do not save at allbrLike in early age many do not have responsibilities intiallybrSo just invest 500-1000brGet used to some discipline and financial knowledge
Comment from : @sanketnegi1

Very simply said most important thing
Comment from : @Poultryserve

Spend and save/invest Way too many videos telling you to save and invest… but life is short and you’re not guaranteed to live till old age and enjoy the wealth Many forget about that Live a little ! Good video !
Comment from : @HassanAhmed-g8j

Keep saving until you die suddenly with cardic arrest regretting you didn't enjoy anything😂
Comment from : @AJAY95952

This is why budgeting is important With it you can spend, save and share
Comment from : @juanpedro5579

10 rupees stocks is 10,000 rupees now!brIt just depends on your mindset not all foolish can think like that! ❤
Comment from : @Pekaboo_-unpredicte

Varies from person to personsome like me enjoy being at home instead of wanderingso perspectives matter
Comment from : @justhuman2459

As a student i cant understand that should i save or spend or how to make both of them balance
Comment from : @Prajaktasarts-j4m

But that time 5000 it's big amt and today because of currency maximize 30000 both have same value 😅
Comment from : @CSAdityaShelke-x8x

Enjoy at early age but dont regret after it😊
Comment from : @LifeisBeautiful-hj6ro

I like your advice so true
Comment from : @sacreds5833

Wow🎉
Comment from : @priyanshugupta7265

Moral : save for enjoying life and invest money at the same timebrWhats the point of only investing if you die all of a sudden and couldn't enjoy your life because you were so busy in collecting and increasing your money?brWhats the point of only spending money and at the time of challenges you have no moneybrWhat if you loose your job? Or maybe some unfortunate thing happened and you are in need to money?brSo yea balance bothbrThere's no point in living just for money or living by spending all my money
Comment from : @piyushkumarsah

Don't listen to this guy
Comment from : @Indrazith21

Sir destroyed 99 of finance content on YouTube 🤣🤣🤣🤣
Comment from : @NaveenM-u7m

Why i want to live in hotel If i have a home😂😂😂
Comment from : @prerankedambadi3870

Talking Bullshit
Comment from : @samiranroy6977

I gave my first paycheck to my father I saved for him for a rainy day That made me happy And made him feel safe with less stress Thats invaluable
Comment from : @AR-fy2qo