5 Financial Mistakes I've Made in the Last 10 years

"I'm very happy to delay that spending on a few nice things on random splurges right now until I've got other things and more important things for me like Financial Freedom and flexibility for myself and those around me in check first"

"I recently saw a YouTuber talk about how you shouldn't buy Rolexes full stop as it's a liability but if you dig into that a bit further you find that there are specific Rolexes that I have held the value or gone up in value over time and the same goes with specific artwork so it really is about educating yourself and there's no kind of generalizing all items into one category"

"the issue with spending less purely for the reason to say that not do anything else and retire early is that that money you save is going to run out pretty quickly especially because of inflation whereas what you really want to do is spend less and below your means now so that you can invest that money because this will keep your cash and income at a steady place and sustain your lifestyle going forward when you do eventually choose to retire"

"I started making money when I was 19. uh with my first job in retail but it wasn't until I was 24 that I actually started investing and I wish I started earlier obviously because of the power of compounding which I've spoken about on this channel is the fact that the earlier you start investing your money the quicker it's going to just grow exponentially for you"

"if you want to get into investing and you don't know where to start then I've got another video on that as well but my advice to anyone who hasn't yet started investing it's still worth putting kind of ten dollars or Twenty Dollars into an investment account because then at least you have the account you've verified it you understand the basic knowledge of investing so that when you do eventually start making money you don't waste any more time and you start investing straight away"

"if you are on a low income salary and you're kind of struggling to make ends meet then just know that investing in the stock market will only get you so far and it is a long-term game if you only have a certain amount of money that you're able to save you want to be investing in yourself and educating yourself around financial literacy and to increase your earnings growth potential first at the very first point this is a better investment than investing in the stock market in my opinion"

"most of us stay in this ant mode for way too long optimizing our life is for work and for saving money even once we are financially secure either because it feels safe or it just feels like it's the right thing to do but actually maybe the moment we are financially secure or in a place where we feel like we're able to give ourselves some flexibility and are on the right path to create a life that we want we should start focusing on our quality of life because money isn't an end in itself"