Frugal Living Is The Only Way To SURVIVE The Future

All aboard to dystopia!

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I believe that the future is going to be a much more extreme version of today's world. Things will become more and more complex, and now it is important to decide what kind of future you want to life in. And in my opinion, I think that there will only be two paths to choose from: an unintentional path or an intentional path.

In this video, I talk about the importance of embracing a frugal, simple life and deny a lot of this complexity that the future will bring. I give five different prophecies I have regarding our future.

1. All Products Will Become Services

I do not believe that people will own things in the future, but I think that we will pay a monthly subscription fee for everything we use, and you can already see this with services like Netflix, Tesla, and Kindle. And although these services will come with an abundance of options and allow people to pay small monthly fees, there will be many cons to not owning things like never ending payments, fees will add up, and you will become accustomed to abundance. In the future, you will have to decide what is important to you: subscriptions and abundance or ownership and less

2. People Will Become Extremely Dependent On Convenience

Since Amazon released two day shipping, there has been this standard where businesses need to make everything easy and convenient for the customer. We see services like UberEats, grocery delivery, and various apps, and although there are many benefits of these services, we could eventually become dependent on these services in the future. And this dependency can take away from having self-sufficiency in life causing you to spend more money and become dependent on simple things. In the future, you will have to decide what is important to you: convenience and dependency or responsibility and autonomy.

3. People Will Forget They Can Live Without Extras

As the world becomes more and more advanced, we have many "extra" things that make our lives easier and more luxurious. And as we add these things into our lives, we quickly forget that we cannot live without them. And this dependency on extra things can create higher normal budgets, distort your view of wants and needs, and makes you dependent on them. In the future, you will have to decide what is important to you: extras and reliance or basics and independence.

4. People Will Lack Basic Life Skills

I think if we do not choose to live intentional lives, we will be living in a very dystopian world where people do not know how to do basic life skills like write, think, or cook. We have embraced so much complexity that we are seeing this play out in the real world as AI becomes more advanced and services replace our daily tasks. And when you try to make everything in your life easy and convenient, what is the point of living? When you are dependent on corporations for everything, what kind of life is that? In the future, you will have to decide what is important for you: outsourcing and dystopia or self-sufficiency and satisfaction.

5. Nobody Is Coming To Save Us From Ourselves

As optimistic as I am, wanting to believe that we will all come to our senses and choose to live a more simple, frugal life, I do not believe that is going to happen. I think in the future there will be two types of people. The first, and more common, will be unintentional people who highly depend on corporations, become soft from luxury, and constantly be struggling financially due to the distortion of wants and needs. The second, and less common, will be intentional people who will have less, be more autonomous, and be more free to live their lives.

As we approach the future, it is important to decide what path you will go on because 10-15 years from now we will not be able to see the absurdity of these changes. I believe in following the more intentional path and making decisions to live a more intentional, frugal life because I do not think that anyone is coming to save us from ourselves.

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[ElAgustin]

What steps will you take as we head into the future?

[CliveBirse]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[georgestone]

Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.

[FallacyAsPraxis]

There is a limit to this. You have to decide whether being cheap to yourself is worth the quality of life it yields. I had an aunt who had money but lived the ‘frugal’ life. She was ridiculously cheap and lived in a tiny apartment in a New York ghetto. That apartment was robbed so many times, but she refused to move because the rent was low. Her cheapness ruined her marriage and alienated her kids, and even when she got older and had to retire she became chronically I’ll, but she refused to spend money even on maintaining her own health. being ‘basic’ and depriving oneself of things that one needs won’t automatically create happiness.

[gloval]

“Nobody is coming to save us from ourselves” that is the truth.

[lishamonique]

This reminds me of the saying you will own nothing and you will be happy 👌🏽

[aquietwild]

Re: ownership, I view maintenance as a pro, not a con. It teaches us how our things work, their true value and an appreciation for their source, and how to fix and treasure things despite their being old and worn.

[avl]

This was a really insightful video. Another thing that greatly concerns me is all the affordable housing slowly being bought up by corporations to rent back to people at extortionist-level rents. Young people starting out will no longer be able to purchase a starter home, nor will they be able to rent a decent apartment at a reasonable rate that lets them save money to purchase property in the future. All housing will become subscription based.

[purplemoon]

I choose to be free, autonomous and be disconnected from all these so called convenience services. Don’t let big corporations own you.

[woodlandbiker]

My wife and I have been frugal for years never buying much, keeping our bills down as low as possible. Due to illness she was not working but we just about got by on my wages.
6 months ago she started working again and we have a whole wage spare, we feel rich but we can't bring ourselves to just spend. We initially bought stuff we were desperately in need of but we got bargains. We shop for clothes on vinted and charity shops. I find there really isn't much I need and I'm greatful for what I have.

[DuTubeable]

This is something I’ve seen coming for a while.
My goal is to simplify and not rely on all the conveniences. Mostly because I’m want to know exactly what I’m doing and putting forth.
I cook my own food (including lunches for work). I know exactly what I am eating AND saving money.
I love learning new skills… for the shear joy of being able to do it myself.
Yes, we embrace paying for convenience but I actually enjoy doing things for myself.

[rocklee]

If you choose the intentional path the 95% of other people who choose the unintentional path will hate you and try to destroy you because you make them “feel” bad.

[KC-kudq]

I'm definitely a minimalist, own my own house, and grow my own food (but in the suburbs, not middle of nowhere). However, I do enjoy technology and I'm definitely intentionally embracing that. Personally, I don't want to own all the movies or video games I play. I buy only the ones I will replay/re-watch/re-read.

Convenience may sound bad on a mass scale, but it has allowed the elderly and disabled to live a more independent life. When I'm old or disabled, I'd prefer to be able to get deliveries instead of being dependent on volunteers or the good (but fickle) nature of others.

It's not all bad, black and white. You don't have to go from one extreme to the next. You can live intentionally, learn skills of independence, etc., without cutting yourself from all convenience and technology. I can grow my own food, but I still enjoy a pizza delivery now and then.

[chnalvr]

Luckily, I started doing this intentional approach to daily decisions, frugality and simplicity 20 years ago, which has resulted in my financial ability to retire soon. I live in a condo in a tech heavy large city. Younger neighbors stare and smile when they see me lugging in large grocery bags from the store on my own. I smile back and know I'm remaining as self-sufficient as possible and getting exercise at the same time while they eat out or order from Uber Eats for each meal. However, real self-sufficiency would be living like my grandparents did, on a farm, raising the food myself. If they were still alive, they could teach me a great deal about self-sufficiency.

[shumatsuopost]

I couldn't agree more that frugal living is the way to go. It's all about being intentional with your spending and making choices that align with your values and goals. Plus, it's better for the environment too. Keep up the great content!

[GillerHeston]

Though everyone loves the luxury lifestyle but many don't want to take the risk to invest or work for it.. Now's the best time to buy the dip and it's an opportunity that will grant you all the luxury you crave for. Very interesting content, i would also be glad if anyone here can explain a few things for me, this is 2023 and I believe it's my time to invest and shine for a better future.

[alanbirkner]

My husband and I retired in our early 50's. Our youngest child had graduated college. We live in a small condo.We own 1 small car. Many people we know bought
the biggest home they could afford some years ago. They also have 2 big cars. We even know people who converted bedrooms into walk in clothes closets.
There are always choices.. Tina, Al's wife

[artbyleighmurphy]

I could see this happening years ago when cars started to be built that made it difficult to be able to see around the car without the onboard cameras. The "blind spot" got way bigger and made it necessary to rely on proximity sensors to not run into anything. Self reliance - get an old car or motorcycle and learn everything about keeping it going.

[ernieroberts]

I'm a "Boomer" who has lived on lower wages, most of my life, I've only had a dozen years where I made a livable wage. I have had to manage doing things for myself and family out of necessity. I see a lot of the things that you described are already happening.

[drawingsimpleton]

Sometimes I think I am the only person happy without a car, a house, a dishwasher, a lot of whatever. So watching your videos make me feel „normal“ again 😊