Why Looking Poor Is Important

Disclaimer: Tae Kim is a client of Playbook Adviser. In exchange for giving an endorsement of Herring RIA Sub, LLC ("Playbook Adviser"), this person is paid a one-time flat fee in addition to a fixed fee for each successful referral to the Playbook Platform. There is no guarantee that clients will have similar experiences or success.

Timecodes:

0:00 - Intro
0:39 - Encourages Quiet, Low Key Lifestyle
1:38 - Mitigate The Need For Social Approval
2:44 - Ultimate Freedom
4:08 - Try Playbook
5:44 - Mitigate Urge For Fancy Toys
6:54 - Naturally Save More Money
8:20 - FREE 1-Page PDF
8:31 - Finance ‘Professionals’ Leave You Alone
10:11 - Sales People Leave You Alone
11:24 - Facilities More Authentic Relationships
12:27 - You Have No Need For Excessive Debt
13:07 - Reinforces Humility

------------

FAVORITE TOOLS:

LINKS:

DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.

[JTDIYM]

I Swear to god this is the 10th Video With that Title

[lazycatdayzever]

Great video. I love driving the old car I bought for my teen to practice driving. Reminds me that I need to stay humble since money doesn’t make the person. Watch how people treat you when you don’t look wealthy. Very telling.

[EJJ-EvArms]

Retired at 57 driving my 2001 Corolla. Never have to worry about it getting stolen. Priorities.

[cedartreeworkshop]

You could easily have called this "How mature adults behave"

[JoseyWales-nl]

Sales People Leave You I love looking poor.

[thoselog]

Your hair joke was great. Love your videos. One the one hand it's validating to be like 80% on the same page and in the same place, on the other I still learn something new or get a new perspective every time I watch. Congrats on your channel's growth!

[drproton]

The first thing I think about when I see fancy clothes on someone:

"That person must be on heavy debt."

[JG-vnwr]

Tae your hair is my spirit animal. Great video as always.

[williamscottgordon]

So many good points, tied together brilliantly. Judging from the comments, though, I think that "looking poor, " while a catchy phrase here, might actually be better served as "looking unassuming" (as you said in the video)! People obviously change how they look based on their personal preferences and the context of their situation, right? I'm a freelance copywriter based in Japan, where suits, etc. are not so much a mark of wealth as they are part of the workday uniform. By wearing jeans and a blazer over t-shirts of varying quality, I'm not so much "looking poor" as distinguishing myself from the corporate system. And while I'm fine with THAT being low-key, especially because it's hard to actually write in a suit, there are some appearance-related things I'll definitely spend money on! My shoes for meetings in Tokyo, etc. should be immaculate. Also, I'm a just-turned-48-year-old man in an industry that prioritizes youth and creativity, so I'm definitely spending money on exercise, haircut, and skincare. Doing all that and not broadcasting it from the rooftops is your point, and one very well made.

[AKBRONCOSFAN]

What does looking “poor” specifically mean??? I wear Carharts and Hanes plain shirts but I spent $600 on my boots. Buy once, cry once.

[derrick]

I sincerely enjoy this channel. Thank you

[ttrruaminpn]

I'm 35 and have net worth over 5 million. I look poor as hell since I buy 6 pack plain white T shirt from costco every season. I wear same style every day. No jewelry, no watch, $10 wallet.

[joelhoffman]

Good job, Tae! Meaningful content, easy on the ears, very well presented.

[defiantlypinki]

In defense of Tae’s Ralph Lauren polo shirt, he literally wears the same outfit everyday. I believe he said something about having multiple of the same thing gets rid of decision fatigue.

[beatscatmommy]

Love these videos, so well done to the point.

[MikeReisender]

I went through a phase with the fancy foreign car, executive home with the pool, nice clothes, hanging at trendy restaurants/bars, etc. At that point in my life I met some of the shallowest, most egotistical and narcissistic people I've ever known. It's far better to live modestly and save those extra funds for future security.

[tikass]

i’m totally agree. that means freedom. And as long we can still enjoy life.

[celinesandoval]

You’re awesome Tae. Great helpful content! 😊

[herculesrockefeller]

I like to read biographies, and lately I have read quite a few about Hollywood stars. In spite of their fame, success, good looks, wealth, and popularity, they are some of the most miserable people ever, often plagued by low self esteem, doubt, fear. Most end up with alcohol and/or drug problems.

[JanburnTechShop]

I agree on this video...thanks for sharing