# How to make more money (even if you're dumb) ## Метаданные - **Канал:** Better Ideas - **YouTube:** https://www.youtube.com/watch?v=u8Tbx335jTM ## Содержание ### [0:00](https://www.youtube.com/watch?v=u8Tbx335jTM) Segment 1 (00:00 - 05:00) Over the years, I've been given financial advice. Some of it good, some of it bad. I can't speak English, apparently. That's because of the bad financial advice. And there have been five concepts that really stuck out to me. Before I share them, I just want to preface this video with one simple fact. I am not a financial expert and I'm not a billionaire. But I think that is actually a unique angle because I don't speak 401k. I don't speak banker. But still, even a dummy like me really found a lot of use out of these five simple concepts. So hopefully this will be a bit of a different video where I can just share these pieces of advice. There's the English thing again. I'll just share these money tips with you and hopefully because of it, you'll be more wealthy 1 year from now. Number one is that money doesn't care. Money is inanimate. It doesn't have feelings like we do. Money doesn't care about blood, sweat, tears, focus, intensity, or goodwill. Because value is not determined by effort. It's determined by what someone is willing to exchange for that effort. So, to put it even more plainly, a lot of the time, what you spend your time doing and thinking about and working towards simply isn't valuable to the market, right? It's not something that enough people are interested in. And that's okay. Not everything that you spend your time doing in life needs to be profitable. But if what you're doing is intended to make you money, then its value to the overall market and its demand is everything. For example, say you spent the past 7 years getting a psychology degree. Maybe you've learned that, you know, this worked out for some people. It worked out for Dr. Phil. And say you've graduated and you're excited and you've really been enduring the slog of trying to put together a reliable client list. You know, maybe you have some, but you're really not making as much money as you thought you would. And maybe you've really given this a good go, too. Maybe you've done everything right. Maybe it's been years of struggle. And maybe you start talking to a friend that you play hockey with, and he says that he has a job opening for somebody to help him with smart home installation. And it pays $50 an hour. it's 4 days a week, but it could be five. It's from a reputable company, and they're looking for guys. Now, a lot of people in that position wouldn't even consider it. They would toy with the idea for a little bit, but they'd think to themselves, "I've wanted to be a psychologist my entire life. I've been dreaming of it as a kid. I've told my friends and family, and they've really helped put money into my education, all of the effort, the blood, the sweat, and the tears to get to where I am. And you want me to do smart home installation? Thanks. But no thanks. I just want to make this work. But the thing is, all of those reasons might be valid, very, very human feelings, but money doesn't care about those reasons. It's not going to reward you with more money for having that mindset. If smart home installation is in demand, which I don't know if it is in 2025, probably is to some degree, then that has more opportunity to scale than psychology. So, it's like what problem are you trying to solve here? a fulfillment problem or money problem? Be honest with yourself. If you're genuinely trying to solve a money problem, then you should follow the opportunity in a field that's in higher demand. And you need to be formless and egoless like water and just flow downstream to where the money is because that's how money thinks. All of these things like I've always wanted to do this or this is my passion, it's great, but sometimes it's not really. it isn't actually your passion. It's just an identity that you've held on to for security because you thought it was going to lead to success and fulfillment. And when it doesn't, at what point are you going to let go of that fantasy? Because there are a million ways to feel fulfilled and happy with your life. And a lot of that, to be honest with you, is finding confidence within yourself to be able to take risks, to say that I have your back. Me, is it really your passion or just your pacifier? Came up with that on the spot. Probably doesn't even make sense. Number two, find your buyer. Remember when you were in high school and you were looking for jobs because you were broke and you wanted to buy a hockey stick? Your mom probably found you a job because somebody needed some kid like you and you just said, "Okay. " Maybe reluctantly, but you just went and did it because it was a job. Or maybe your parents made you go on Indeed. Back when online job hunting actually worked. When you're in high school, you have a completely different mindset towards things. You start looking at job postings, seeing who needs work and then you ask yourself, how can I contort myself into this position so that they hire me? How do I form myself in such a way that I meet the needs and win this opportunity? That is the perfect mindset to have when it comes to money. See, what a lot of people do is they do the exact opposite. You know, they work a job 9 to5 if they're lucky to be full-time employed. Maybe they work casual jobs and they think to themselves, "How do I make more money? ### [5:00](https://www.youtube.com/watch?v=u8Tbx335jTM&t=300s) Segment 2 (05:00 - 10:00) Should I start a side hustle? small business? " And then they ask themselves very naturally, "What can I sell? Should I invent something? Uh, what am I good at? What do I do? " They consult themselves to try to figure out if there's something they can come up with or some idea they can have, some eureka moment, a business idea that will make them millions of dollars. Almost everybody does this, especially if you have entrepreneurial instincts. But what I'm telling you is that's the wrong question to ask because you are acting as a seller and you're asking yourself, "What do I want to do? " But in reality, the market is screaming at you. There are opportunities everywhere. People are buying things all the time. They're interested in buying things that you're probably not interested or capable of selling, but you can be. This is what it means to have a find your buyer mindset. And this doesn't just apply to small business, right? It applies to any opportunity, any job posting. They need a certain type of person that you can become. You can equip yourself with the skills necessary to meet their criteria. Will this lead to the most happiness and satisfaction you'll ever have? Maybe, maybe not. But we're talking about money here and getting more money. In a very paradoxical sense, making more money is often about being more selfless rather than selfish so that you can be selfish and get more money. Being selfish and narcissistic and asking yourself, "Oh, what do I really want to do? sell? Oh, it'd be cool if I could just like draw these pictures and people buy them for $30. Maybe if I make this little wood knickknack and, you know, it's really fancy and I go to a fair and I try to sell it, maybe people will be interested. " It's like you're doing this process in reverse. Stop consulting yourself about what you want to do. That's fine for a hobby. But if you want to become wealthy, you have to look outwards. outside of yourself and asking yourself, "What do people need? How can I serve people? How can I help them solve a problem that they have? " Be empathetic towards people's problems, their gripes, their dissatisfactions, their inconveniences, and meet them where they're at. Try to help them solve their problems, not yours. and in return they'll give you money. Before we get into the next tip, I just want to thank the sponsor of today's video, which is Hostinger. And a funny thing, I casually mentioned to my brother Noah, who's a business consultant, that Hostinger was sponsoring my next video. And he's like, "Hostinger? I use Hostinger literally every single day, which makes a lot of sense because it's an incredibly versatile platform. Basically, Hostinger is an all-in-one platform that helps millions of people turn ideas into real online projects. Whether you're starting a small business, a side hustle, or the next big thing, you can go from idea to live website in minutes. And the reason for that is because it kind of just has everything in one place from website building, domain management, email, AI tools and automation, all without juggling multiple tools or subscriptions. I was genuinely blown away by how fast it is to just prompt its built-in AI and boom, just like that, Hostinger's integrated AI gets to work building your website automatically. And the great thing is Hostinger also has built-in domain hosting. Everything is just consolidated on the Hostinger dashboard. They also have extremely accessible pricing, so you get a top tier performance and user experience at a price that actually makes sense for someone starting out. So, if you've always had this idea that you've wanted to start a side hustle or a business or any kind of online project, it helps you turn one day into day one. You can make today your day one by going to hostinger. com/ better ideas or scan the QR code that you're seeing on the screen right now. They have a sale going on right now. And if you use my code at checkout, which is better ideas, you get an additional 10% off. So, make sure to take advantage of that incredible offer. Go to hostinger. com/ better ideas and use the code better ideas at checkout or scan the QR code. And thanks again to Hostinger for sponsoring this video. Number three, you have to spend money to save money. So, we're going to switch gears a little bit with this one. This is a bit more tactical than strategical. I don't know if you've ever played chess, but this is sort of like a tactic, a little fork or a pin, a skewer. So, I don't know if anybody else's mom is like this. I think like probably 78% of moms are like this. But my mom growing up, I'd always think that she was wasting a lot of money because a lot of her time was occupied going to liquidation world or Costco or some niche grocery store I've never heard of and actively hunting for deals, actively trying to find little margins of error in pricing, mark down almost expired foods, 30,000 lb of lentils for $5. And I would think to myself, what are you doing? You're you're looking for ways to spend money. You're proactively going out there and trying to spend your money as a hobby. It's only now at the ### [10:00](https://www.youtube.com/watch?v=u8Tbx335jTM&t=600s) Segment 3 (10:00 - 15:00) ancient age of 29, which is almost 30, by the way, that I realize that, oh, I'm the idiot. Because when my mom buys 30,000 lbs of lentils for $5, we get to eat lentil soup for free for 16 years. The amount of money that saves is insane. It's incalculable. So anyways, yeah, this is just a basic tip, but basically survey the things that you have to buy all of the time and just try to buy in bulk. That's the non- theatrical version of this point. But caution, there's actually a trap with this type of mindset. Now that I've told you that, you might be thinking to yourself, "Wow, I spend $5 on coffee every single day, and I've always wanted to buy this $2,000 Nespresso machine. That way I can make coffee at home and save some money. But that's also very stupid because 2,000 divided by 5 is 400 and Nespresso pods on Amazon offbrand are nearly $50 Canadian. Actually, that does kind of save you money after you pay it off. That is actually kind of cheaper. But no, if you buy the $2,000 Nespresso machine, it'll just sit there. You'll make an espresso sometimes, but you'll still also just go to Starbucks. So, you just kind of spent money on two different things. So, it's not an excuse to like, oh, actively spend money on the shiny thing. Try to actually save your money. And don't be a dumb dumb. Actually, that does kind of save you money. Okay. Tip number four. It's not as bad as you think. And by it, I mean your financial situation. It's never as bad as you think. See, if you happen to be in a rough situation financially and it brings you a lot of stress, you don't even want to open your bank account because it's too painful, then you know that your situation is bad even if you don't open your bank account. The heavy weight of your poor finances infects your subconscious. But it's that very fact that makes your bad financial situation worse in your head. Because so many people I talk to, especially where I live, I live in British Columbia, Canada. On average, people have terrible finances because our province is broken. The numbers don't add up. But even still, even in BC, Canada, a lot of people I talk to when we start talking about finances, we'll just say, "Yeah, I'm like, I'm totally screwed financially. I don't even want to open up my bank account. " But the thing is, I have also had a lot of these same thoughts and my finances became a monster in my head. You think like, "Yeah, I'm screwed. I don't know what to do. " Luckily, when I talked to my brother Noah, who was a banker for seven years, is now a business consultant. This is not an ad for Noah. He would say, "Open it up. Let's check the bank account. Let's just peel the band-aid off and stare into the void. " And almost every single time you confront it, he says, "Oh, no, it's not that bad. You just do this and that. You need to stop paying for this, blah, blah, blah. " It's always going to be worse in your head, right? And if it exists purely in your head as this thing that's anchoring you and bringing you dread, of course it's going to be bad. That feeling will never go away unless you rip the band-aid off, open up your banking app all the time, confront the harsh reality of your bad finances and figure out how to make these small wins every single day. How do I stop paying for that stupid thing that I didn't even know? Like, what's that charge from 2 months ago? What even is that? How do I phone the people that charged me and say I didn't receive any kind of service or product for this payment? Take it off, please. Sometimes they say no. But that's how you fight to win your wallet back, right? Get in there, put on the latex gloves, and choke the Hillman Veabond who's stealing all your money, throw the body in a river, take the gloves off, and then consult a financial advisor to try to figure out how to fix your situation. Okay, the fifth and final point is don't try to solve $10,000 problems with $10 solutions. So many of us have $10,000 problems. Some of us even $100,000 problems. And you might look up a YouTube video and see somebody recommending cancelling your Netflix subscription and your Hulu Plus subscription and stop buying Starbucks every day. And that's good advice generally just from a financial hygiene perspective, but that's not going to solve your problem. It's not going to undo your 2025 Toyota Tundra financing plan, and it's not going to make your $4,000 a month rent into $1,500 a month rent. See, let's pretend that you're paying for two jumbo storage units for $1,300 a month in the city of Suriri, British Columbia. I'm not sure who would do that. That storage unit is offering you zero value. It's not doing anything for you. And you've been paying for it for 2 and 12 years straight. Every single month, $1,300 Canadian are ### [15:00](https://www.youtube.com/watch?v=u8Tbx335jTM&t=900s) Segment 4 (15:00 - 17:00) leaking out of your bank account and giving you nothing in return other than holding on to things that you don't even really need. You even forgot they were in there. If that's you, what are you doing looking at your bank account and trying to figure out whether or not you should keep Netflix or Disney Plus? You got bigger fish to fry. You need to figure out how to empty that storage unit, sell all the stuff, or throw it away or give it away because that is a far bigger problem that will save you so much more money than trying to split hairs, saving $2 on a coffee bean. But yeah, some people say like, "Oh, death by a thousand cuts. The reason why you're poor is because you're leaking money at $1 at a time. You're paying for premium pure turkey chow for your wiener dog. " And that's true when it's a,000 cuts. But if it's like 6 to 12 cuts, you can probably handle it. Go figure out how you're losing money on rent, your phone bill. Tackling the bigger bills, the bigger expenses that you have in life takes a little bit more work. I think psychologically we say to ourselves, "Yeah, like but then I would have to sell my truck. " Yeah, like really survey the market value of the place I'm renting from to figure out whether I'm being shafted on my monthly expenses. Then I'd have to have a very uncomfortable conversation with my landlord to save $300 a month on rent. So psychologically, we just discount these things as not a possibility. It's a lot easier when you're in a bad financial situation to say, "Okay, I'm just going to start buying folders instead of Starbucks. " That's really not solving the problem in any meaningful way. So, now that you're in the habit of looking at your bank account, opening that up all the time, look at what the big payments are, and really ask yourself, is this a solvable problem? Can I save 10% on this payment? Cuz if it's a $1,300 a month payment, then 10% is $130. How many streaming service subscriptions do you have to cancel to get to $130? It's far more efficient to look at the big ticket items and figure out how to stop spending money on those and spend some actual time and focused attention to try to solve that problem. Look for alternatives. Maybe you have to move. sell the car. But it's better than having this little onag again off-again relationship with Hulu that doesn't do anything. Once you've solidified these big ass savings, then you can afford the luxury of splitting hairs on what kind of toilet paper brand will save you $3 a month. Anyways, hope you enjoyed the video and that it leads to copious amounts of wealth for you and your family and your grandmother Helen, who tragically stop sending you $20 every Christmas. --- *Источник: https://ekstraktznaniy.ru/video/23981*