Why Saving Money Is So Important?

Saving cash to go on the offense is a smart idea.
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Gary Vaynerchuk is a serial entrepreneur and the Chairman of VaynerX, a modern-day communications parent company, as well as the CEO and Co-Founder of VaynerMedia, a full-service digital agency servicing Fortune 500 clients across the company’s 4 locations.

Gary is a venture capitalist, 5-time New York Times bestselling author, and an early investor in companies such as Twitter, Tumblr, Venmo, and Uber. He is currently the subject of WeeklyVee, an online documentary series highlighting what it’s like to be a CEO and public figure in today’s digital world. He is also the host of #AskGaryVee, a business and advice Q&A show online.
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[shivdfi]

This video isn't saying don't enjoy your life but everything has an opportunity cost and if you're spending money on pleasure/lifestyle that's fine but you can't complain about not having $ when you're the one in control making those decisions.

[CyranoDeCorveau]

When he says "I was 33 and I was RENTING" he is saying it like it is very unusual. And maybe it is unusual in the US. In Europe, however, it is completely normal to not buy a home at that age - even when you are earning well.

[janheinsiemerink]

Life is all about choices and being happy. Hopefully the person that bought the watch or went to Coachella are (also) happy!

[AhmetKaan]

*Most great accomplishments were achieved by the people, who at first had no idea what they were doing.*

Keep going my friend. I am cheering for you. 🙂

[ryanjohnson]

I’m 23 right now and have been working since 19 and I almost have six figures in the bank because I literally just been working and saving my money. My advice to people younger than me or the same age live with your parents and save every dollar you make. And if you can’t live with your parents find a both of roommates and live as cheap as possible for a few years and you will have a shit ton of cash in the bank that you can do anything you want with

[mvargast]

I'm Colombian, not from a wealthy family or job, and the exact same opportunity showed up for me at 32. That was the year that I got my car (paid in full) a job at a tech company, invested in crypto, bonds, and a gaming company and then 3X my net worth.

This is fking great advice

[BrandonMinguez]

People learn how to be a consumers, not savers or investors. Gary's story shows how thinking about the future goes a long way.

[voltairepabustan]

Saving money gives you a way out from the uncertainties of life and provides you with an opportunity to enjoy a quality life. Another great one, Gary!💰👍

[thedrvn]

Most don't have a purpose or a goal clear enough to save for the long term and instead spend in the short term for pleasure

[BloopSaber]

GaryVee is so inspirational, and smart.

[pdusainc]

Im my 20's a blew a lot of my money partying, traveling to Vegas, Miami, Mexico etc.. with friends, now I'm 40 now I'm playing catch up...Do I regret it... not really because your only young once and I enjoyed that part of my life...but I'm investing/saving a lot of my money with no debt except my house mortgage, GaryV your awesome man!

[louisclifford]

I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $460, 000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.

[Pee]

Yup exactly what I did 2 years ago even though I've been listening to Gary for almost 5 years now. LOL, You can say it took me a while to kick start, but financially I'm in a better place. I have a lot more self-control over my finances that's after the fact I went and studied Personal Finance. Now when I listen to old videos and new videos I can relate so much more than before.

[plugsfordays]

When I started a channel about metal detecting . I was all worried about what people were going to think . Like am I doing this right and that right . But then I got over it and started enjoying it and not worrying about what people thought . Now my sub count is going up and I’m enjoying it way more . Just let lose and be yourself.

[Myworldmymind]

Idk why people just can't grasp that .. SAVE MONEY !!!

[mikepawlikguitar]

If you look around and you're doing the same thing that the hundred closest people to you are doing, something is severely wrong. What Gary did is something no one does, which is why Gary gets to live a life that no one does now. But the real secret is that anyone can do it, you just have to stop living the same way 400 other people you know live.

[jaredodgeball]

Make a goal and figure out how you will obtain it! Don’t let others dictate your path!... You have the ability to cultivate your own vision!

[SeanOCallaghan]

Here in Italy most of 33 years old are still living with their parents

[malaysiainvestment]

well said. hustle first, wealth will follow eventually.

[urichzai]

I just have so much LOVE for this guy. He’s is just the real daaawg!💪🏼