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How fast can money grow · We can build our mental health naturally

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Speaker 1: I'll just share these money tips with you, and hopefully
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Speaker 1: because of it, you will be more wealthy one year
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Speaker 1: from now. Number one is that money doesn't care. Money
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Speaker 1: is inanimate. It doesn't have feelings like we do. Money
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Speaker 1: doesn't care about blood, sweat, tears, focus, intensity, or goodwill.
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Speaker 1: Because value is not determined by effort. It's determined by
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Speaker 1: what someone is willing to exchange for that effort. So
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Speaker 1: to put it even more plainly, a lot of the time,
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Speaker 1: what you spend your time doing and thinking about and
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Speaker 1: working towards simply isn't valuable to the market, right? It's
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Speaker 1: not something that enough people are interested in. And that's okay.
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Speaker 1: Not everything that you spend your time doing in life
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Speaker 1: needs to be profitable. But if what you're doing is
0:40
Speaker 1: intended to make you money, then its value to the
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Speaker 1: overall market and its demand is everything. For example, say
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Speaker 1: you've spent the past seven years getting a psychology degree.
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Speaker 1: Maybe you've learned that, you know, this worked out for
0:53
Speaker 1: some people. It worked out for Dr. Phil. And say
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Speaker 1: you've graduated and you're excited and you've really been enduring
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Speaker 1: the slog of trying to put together a reliable client list.
1:02
Speaker 1: You know, maybe you have some, but you're really not
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Speaker 1: making as much money as you thought you would. And
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Speaker 1: maybe you've really given this a good go too. Maybe
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Speaker 1: you've done everything right. Maybe it's been years of struggle.
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Speaker 1: And maybe you start talking to a friend that you
1:14
Speaker 1: play hockey with. And he says that he has a
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Speaker 1: job opening for somebody to help him with smart home installation.
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Speaker 1: And it pays $ 50 an hour. It's four days a week,
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Speaker 1: but it could be five. It's from a reputable company
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Speaker 1: and they're looking for guys. Now, a lot of people
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Speaker 1: in that position wouldn't even consider it. They would toy
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Speaker 1: with the idea for a little bit. But they think
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Speaker 1: to themselves, I've wanted to be a psychologist my entire life.
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Speaker 1: I've been dreaming of it as a kid. I've told
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Speaker 1: my friends and family, and they've really helped put money
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Speaker 1: into my education. All of the effort, the blood, the sweat,
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Speaker 1: and the tears to get to where I am, and
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Speaker 1: you want me to do smart home installation? Thanks, but
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Speaker 1: no thanks. I just want to make this work. But
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Speaker 1: the thing is, all of those reasons might be valid,
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Speaker 1: very human feelings, but money doesn't care about those reasons.
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Speaker 1: It's not going to reward you with more money for
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Speaker 1: having that mindset. If smart home installation is in demand...
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Speaker 1: which I don't know if it is in 2025, probably
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Speaker 1: is to some degree, then that has more opportunity to
2:07
Speaker 1: scale than psychology. So it's like, what problem are you
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Speaker 1: trying to solve here? Are you trying to solve a
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Speaker 1: fulfillment problem? Or are you trying to solve a money problem?
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Speaker 1: Be honest with yourself. If If you're genuinely trying to
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Speaker 1: solve a money problem, then you should follow the opportunity
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Speaker 1: in a field that's in higher demand. And you need
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Speaker 1: to be formless and egoless, like water, and just flow
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Speaker 1: downstream to where the money is. Because that's how money thinks.
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Speaker 1: All of these things like, I've always wanted to do this,
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Speaker 1: or This is my passion. It's great, but sometimes it's
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Speaker 1: not really. It isn't actually your passion. It's just an
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Speaker 1: identity that you've held onto for security because you thought
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Speaker 1: it was going to lead to success and fulfillment. And
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Speaker 1: when it doesn't, at what point are you going to
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Speaker 1: let go of that fantasy? Because there are a million
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Speaker 1: ways to feel fulfilled and happy with your life. And
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Speaker 1: a lot of that, to be honest with you, is
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Speaker 1: finding confidence within yourself to be able to take risks,
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Speaker 1: to say that I have your back, me, Is it
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Speaker 1: really your passion or just your pacifier? Came up with
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Speaker 1: that on the spot. Probably doesn't even make sense. Number two,
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Speaker 1: find your buyer. Remember when you were in high school
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Speaker 1: and you were looking for jobs because you were broke
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Speaker 1: and you wanted to buy a hockey stick. Your mom
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Speaker 1: probably found you a job because somebody needed some kid
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Speaker 1: like you. And you just said, okay, maybe reluctantly, but
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Speaker 1: you just went and did it because it was a job.
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Speaker 1: Or maybe your parents made you go on Indeed back
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Speaker 1: when online job hunting actually worked. When you're in high school,
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Speaker 1: you have a completely different mindset towards things. You start
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Speaker 1: looking at job postings, seeing who needs work, and then
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Speaker 1: you ask yourself, how can I contort myself into this
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Speaker 1: position so that they hire me? How do I form
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Speaker 1: myself in such a way that I meet the needs
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Speaker 1: and win this opportunity? That is the perfect mindset to
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Speaker 1: have when it comes to money. See, what a lot
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Speaker 1: of people do is they do the exact opposite. You know,
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Speaker 1: they work a job nine to five. If they're lucky
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Speaker 1: to be full-time employed, maybe they work casual jobs and
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Speaker 1: they think to themselves, how do I make more money?
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Speaker 1: Should I start a side hustle? Should I start a
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Speaker 1: small business? And then they ask themselves very naturally, what
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Speaker 1: can I sell? Should I invent something? What am I
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Speaker 1: good at? What do I do? They consult themselves to
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Speaker 1: try to figure out if there's something they can come
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Speaker 1: up with or some idea they can have some Eureka moment,
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Speaker 1: a business idea that will make them millions of dollars.
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Speaker 1: Almost everybody does this, especially if you have entrepreneurial instincts.
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Speaker 1: But what I'm telling you is that's the wrong question
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Speaker 1: to ask because you are acting as a seller and
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Speaker 1: you're asking yourself, what do I want to do? But
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Speaker 1: in reality, the market is screaming at you. There are
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Speaker 1: opportunities everywhere. People are buying things all the time. They're
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Speaker 1: interested in buying things that you're probably not interested or
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Speaker 1: capable of selling. But you can be. This is what
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Speaker 1: it means to have a find your buyer mindset. And
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Speaker 1: this doesn't just apply to small business. It applies to
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Speaker 1: any opportunity, any job posting. They need a certain type
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Speaker 1: of person that you can be. You can equip yourself
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Speaker 1: with the skills necessary to meet their criteria. Will this
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Speaker 1: lead to the most happiness and satisfaction you'll ever have? Maybe,
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Speaker 1: maybe not. But we're talking about money here and getting
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Speaker 1: more money. In a very paradoxical sense, making more money
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Speaker 1: is often about being more selfless rather than selfish. so
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Speaker 1: that you can be selfish and get more money. Being
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Speaker 1: selfish and narcissistic and asking yourself, well, what do I
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Speaker 1: really wanna do? What do I really wanna sell? Oh,
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Speaker 1: it'd be cool if I could just like draw these
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Speaker 1: pictures and people buy them for $ 30. Maybe if I
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Speaker 1: make this little wood knick-knack and you know, it's really
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Speaker 1: fancy and I go to a fair and I try
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Speaker 1: to sell it and maybe people will be interested. Stop
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Speaker 1: consulting yourself about what you want to do. That's fine
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Speaker 1: for a hobby. But if you want to become wealthy,
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Speaker 1: you have to look outwards. You have to look outside
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Speaker 1: of yourself and asking yourself, what do people need? How
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Speaker 1: can I serve people? How can I help them solve
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Speaker 1: a problem that they have? Be empathetic towards people's problems,
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Speaker 1: their gripes. their dissatisfactions, their inconveniences, and meet them where
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Speaker 1: they're at. Try to help them solve their problems, not yours.
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Speaker 1: And in return, they'll give you money. Before we get
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Speaker 1: into the next tip, I just want to thank the
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Speaker 1: sponsor of today's video, which is Hostinger. And a funny thing,
6:08
Speaker 1: I casually mentioned to my brother Noah, who's a business consultant,
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Speaker 1: that Hostinger was sponsoring my next video. And he's like, Hostinger?
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Speaker 1: I use Hostinger literally every single day, which makes a
6:17
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6:21
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6:29
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6:32
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6:35
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6:37
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6:40
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6:49
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7:11
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7:14
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7:19
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7:25
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7:32
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Speaker 1: checkout or scan the QR code. And thanks again to
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Speaker 1: Hostinger for sponsoring this video. Number three, you have to
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Speaker 1: spend money to save money. So we're going to switch
7:48
Speaker 1: gears a little bit with this one. This is a
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Speaker 1: bit more tactical than strategical. I don't know if you've
7:52
Speaker 1: ever played chess, but this is sort of like a tactic,
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Speaker 1: a little fork or a pin. a skewer. So I
7:56
Speaker 1: don't know if anybody else's mom is like this. I
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Speaker 1: think like probably 78% of moms are like this, but
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Speaker 1: my mom growing up, I'd always think that she was
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Speaker 1: wasting a lot of money because a lot of her
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Speaker 1: time was occupied going to liquidation world or Costco or
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Speaker 1: some niche grocery store I've never heard of and actively
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Speaker 1: hunting for deals, actively trying to find little margins of
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Speaker 1: error in pricing, mark down almost expired foods, 30,000 pounds
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Speaker 1: of lentils for $ 5. And I would think to myself,
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Speaker 1: What are you doing? You're looking for ways to spend money.
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Speaker 1: You're proactively going out there and trying to spend your
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Speaker 1: money as a hobby. It's only now at the ancient
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Speaker 1: age of 29, which is almost 30, by the way,
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Speaker 1: that I realized that, oh, I'm the idiot. Because when
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Speaker 1: my mom buys 30,000 pounds of lentils for $ 5, We
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Speaker 1: get to eat lentil soup for free for 16 years.
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Speaker 1: The amount of money that saves is insane. It's incalculable.
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Speaker 1: So anyways, yeah, this is just a basic tip, but
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Speaker 1: basically survey the things that you have to buy all
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Speaker 1: the time and just try to buy in bulk. That's
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Speaker 1: the non-theatrical version of this point. But caution, there's actually
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Speaker 1: a trap with this type of mindset. Now that I've
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Speaker 1: told you that, You might be thinking to yourself, wow,
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Speaker 1: I spend $ 5 on coffee every single day. And I've
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Speaker 1: always wanted to buy this $ 2, 000 Nespresso machine. That way
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Speaker 1: I can make coffee at home and save some money.
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Speaker 1: But that's also very stupid because 2000 divided by five
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Speaker 1: is 400 and Nespresso pods on Amazon off-brand are nearly
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Speaker 1: $ 50 Canadian. Actually, it does kind of save you money
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Speaker 1: after you pay it off. That is actually kind of cheaper.
9:35
Speaker 1: But no, if you buy the $ 2, 000 Nespresso machine, it'll
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Speaker 1: just sit there. You'll make Nespresso sometimes, but you'll still
9:40
Speaker 1: also just go to Starbucks. So you just kind of
9:42
Speaker 1: spent money on two different things. So it's not an
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Speaker 1: excuse to like, Oh, actively spend money on the shiny thing.
9:47
Speaker 1: Try to actually save your money and don't be a
9:48
Speaker 1: dumb dumb. Actually, it does kind of save you money. Okay.
9:50
Speaker 1: Tip number four, it's not as bad as you think.
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Speaker 1: And by it, I mean your financial situation. It's never
9:57
Speaker 1: as bad as you think. See, if you happen to
9:59
Speaker 1: be in a rough situation financially, and it brings you
10:02
Speaker 1: a lot of stress, you don't even want to open
10:04
Speaker 1: your bank account because it's too painful. Then you know
10:08
Speaker 1: that your situation is bad. Even if you don't open
10:11
Speaker 1: your bank account, the heavy weight of your poor finances
10:15
Speaker 1: infects your subconscious. But it's that very fact that makes
10:20
Speaker 1: your bad financial situation worse in your head. Because so
10:23
Speaker 1: many people I talk to, especially where I live, I
10:26
Speaker 1: live in British Columbia, Canada. On average, people have terrible
10:30
Speaker 1: finances because our province is broken. The numbers don't add up.
10:33
Speaker 1: But even still, even in BC, Canada, a lot of
10:36
Speaker 1: people I talk to when we start talking about finances
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Speaker 1: will just say, yeah, I'm f * * * ed.
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Speaker 1: Like I'm totally screwed financially. I don't even want to
10:42
Speaker 1: open up my bank account. But the thing is, I
10:44
Speaker 1: have also had a lot of these same thoughts and
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Speaker 1: my finances became a monster in my head. You think like, yeah,
10:50
Speaker 1: I'm screwed. I don't know what to do. Luckily, when
10:52
Speaker 1: I talked to my brother, Noah, who was a banker
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Speaker 1: for seven years, is now a business consultant. This is
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Speaker 1: not an ad for Noah. He would say, open it up.
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Speaker 1: Let's check the bank account. Let's just peel the bandaid
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Speaker 1: off and stare into the void. And almost every single
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Speaker 1: time you confront it, he says, oh. No, it's not
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Speaker 1: that bad. You just do this and this and that.
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Speaker 1: You need to stop paying for this, blah, blah, blah, blah.
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Speaker 1: It's always gonna be worse in your head, right? If
11:14
Speaker 1: it exists purely in your head as this thing that's
11:16
Speaker 1: anchoring you and bringing you dread, of course it's gonna
11:19
Speaker 1: be bad. That feeling will never go away unless you
11:23
Speaker 1: rip the bandaid off, open up your banking app all
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Speaker 1: the time, confront the harsh reality of your bad finances,
11:30
Speaker 1: and figure out how to make these small wins every
11:33
Speaker 1: single day. How do I stop paying for that stupid
11:35
Speaker 1: thing that I didn't even know? Like, what's that charge
11:37
Speaker 1: from two months ago? What even is that? How do
11:39
Speaker 1: I phone the people that charged me and say, I
11:41
Speaker 1: didn't receive any kind of service or product for this payment?
11:45
Speaker 1: Take it off, please. Sometimes they say no, but that's
11:48
Speaker 1: how you fight to win your wallet back, right? Get
11:51
Speaker 1: in there, put on the latex gloves and choke the
11:55
Speaker 1: Hillman vagabond who's stealing all your money, throw the body
11:59
Speaker 1: in a river, take the gloves off and then consult
12:02
Speaker 1: a financial advisor to try to figure out how to
12:04
Speaker 1: fix your situation. Okay, the fifth and final point is
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Speaker 1: don't try to solve $ 10, 000 problems with $ 10 solutions. So
12:15
Speaker 1: many of us have $ 10, 000 problems, some of us even $ 100, 000 problems.
12:21
Speaker 1: And you might look up a YouTube video and see
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Speaker 1: somebody recommending canceling your Netflix subscription and your Hulu Plus
12:27
Speaker 1: subscription and stop buying Starbucks every day. And that's good advice, generally,
12:32
Speaker 1: just from a financial hygiene perspective, but that's not going
12:36
Speaker 1: to solve your problem. It's not going to undo your
12:38
Speaker 1: 2025 Toyota Tundra financing plan. And it's not going to
12:42
Speaker 1: make your $ 4, 000 a month rent into $ 1, 500 a month rent. See,
12:47
Speaker 1: let's pretend that you're paying for two jumbo storage units
12:50
Speaker 1: for $ 1, 300 a month in the city of Surrey, British Columbia.
12:54
Speaker 1: I'm not sure who would do that. That storage unit
12:56
Speaker 1: is offering you zero value. It's not doing anything for you.
13:00
Speaker 1: And you've been paying for it for two and a
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Speaker 1: half years straight. Every single month, 1300 Canadian dollars are
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Speaker 1: leaking out of your bank account and giving you nothing
13:10
Speaker 1: in return other than holding onto things that you don't
13:13
Speaker 1: even really need. You even forgot they were in there.
13:16
Speaker 1: If that's you, what are you doing? Looking at your
13:19
Speaker 1: bank account and trying to figure out whether or not
13:21
Speaker 1: you should keep Netflix or Disney Plus. You got bigger
13:25
Speaker 1: fish to fry. You need to figure out how to
13:27
Speaker 1: empty that storage unit, sell all the stuff or throw
13:29
Speaker 1: it away or give it away because that is a
13:32
Speaker 1: far bigger problem that will save you so much more
13:35
Speaker 1: money than trying to split hairs, saving $ 2 on a
13:38
Speaker 1: coffee bean. But yeah, some people say like, oh, death
13:42
Speaker 1: by a thousand cuts. The reason why you're poor is
13:44
Speaker 1: because you're leaking money at $ 1 at a time. You're
13:46
Speaker 1: paying for premium, pure turkey chow for your wiener dog.
13:50
Speaker 1: And that's true when it's a thousand cuts. But if
13:52
Speaker 1: it's like six to 12 cuts, you can probably handle it.
13:56
Speaker 1: Go figure out how you're losing money on rent, your
13:59
Speaker 1: phone bill. Tackling the bigger bills, the bigger expenses that
14:02
Speaker 1: you have in life takes a little bit more work.
14:05
Speaker 1: I think psychologically we say to ourselves, yeah, like, but
14:08
Speaker 1: then I would have to sell my truck. Yeah, but
14:10
Speaker 1: then I would have to like really survey the market
14:13
Speaker 1: value of the place I'm renting from to figure out
14:16
Speaker 1: whether I'm being shafted on my monthly expenses, then I'd
14:19
Speaker 1: have to have a very uncomfortable conversation with my landlord
14:22
Speaker 1: to save $ 300 a month on rent. So psychologically, we
14:26
Speaker 1: just discount these things as not a possibility. It's a
14:28
Speaker 1: lot easier when you're in a bad financial situation to say, okay,
14:31
Speaker 1: I'm just gonna start buying Folgers instead of Starbucks. That's
14:35
Speaker 1: really not solving the problem in any meaningful way. So
14:38
Speaker 1: now that you're in the habit of looking at your
14:40
Speaker 1: bank account, opening that up all the time, Look at
14:43
Speaker 1: what the big payments are and really ask yourself, is
14:46
Speaker 1: this a solvable problem? Can I save 10% on this payment?
14:51
Speaker 1: Because if it's a $ 1, 300 a month payment, then 10%
14:54
Speaker 1: is $ 130. How many streaming service subscriptions do you have
14:58
Speaker 1: to cancel to get to $ 130? It's far more efficient
15:01
Speaker 1: to look at the big ticket items and figure out
15:03
Speaker 1: how to stop spending money on those and spend some
15:06
Speaker 1: actual time and focused attention to try to solve that problem.
15:10
Speaker 1: Look for alternatives. Maybe you have to move. Maybe you
15:13
Speaker 1: have to sell the car. But it's better than having
15:15
Speaker 1: this little on-again, off-again relationship with Hulu. That doesn't do anything.
15:19
Speaker 1: Once you've solidified these big-ass savings, then you can afford
15:23
Speaker 1: the luxury of splitting hairs on what kind of toilet
15:26
Speaker 1: paper brand will save you $ 3 a month.