Why Looking Poor Is Important

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Watch this video to discover the surprising ways that looking poor can positively impact your mental health and financial success.

Thank you @GabeBult for the inspiration behind the video title!

MY FAVOURITE STUFF:

PRODUCTS I USE & BOOKS I READ:

KEEP IN TOUCH:

TIMESTAMPS:
00:00 Cycle of Permanent Dissatisfaction
02:06 We lose freedom of choice
04:35 Embracing Simplicity and Avoiding Survival Mode
06:34 The power of authentic living

🧡DISCLAIMERS & DISCLOSURES
This content is for educational and entertainment purposes only. Nischa does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.

This description contains affiliate links that allow you to find the items mentioned in this video and support the channel at no cost to you. Thank you for your support!

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You don't want to look poor. You don't want to look flashy. Subtle is key.

georgetown

I'm poor so looking poor is the easy part.

Trazynn

When we moved into our home 10 years ago, I painted the quote "Gratitude turns what we have into enough" on the kitchen wall. It's become our family motto. It keeps us humble and focused on what matters most, and when we start to get frustrated with not having "all the nice things" it shifts our focus back to being thankful. If I start to get an itch to want something new, I take something I currently have and give it some care and energy and focus on my gratitude for it, and suddenly that need for the new thing is quieted. It has drastically changed our way of living, and I'm forever grateful for it.

lizzosday

We retired last year after working our butts off for 35 years and doing everything we could to appear "poor" even though we are not and never have been wealthy. We have no debt (including no mortgage) and ample monthly income but certainly not wealthy. After driving our Honda for 9 years (258, 000 miles) we bought a nice car. We could care less what neighbors think, we smile every time we take a ride and have no buyers remorse! We don't want to look poor and don't believe it's important to look poor! Life is too short not to enjoy the fruits of your hard work.

David-usr

I think as you get a bit older, you realise this and don’t give a shit what people think of you, it’s freeing

stucam

Money gives you one thing only.... choice.
Choice to take a holiday, Choice to buy a car, or a better one, same for house same for clothes. etc.
I became debt free, 1 years ago. You have no idea how much of an anvil, debt is.
It doesn't buy you love. There is no such thing as a secure job, jobs for life do not exist. Plan for retirement and be debt free before you do retire. Retire as early as you can.
Invest time and effort in yourself, INVEST in your health, INVEST in your WEALTH.
YOU WILL BE CONTENT.

RevelQT

Not getting mugged or screwed over by your social circle is the best part.

MichaelWaisJr

borlest forbidden money books (thank me later)

amalendu

Looking wealthy around family members often breeds jealousy and creates expectations about what special occasion gifts others will receive from you. It also increases the likelihood that you will be asked to host others, pick up the check at restaurants, make loans that won’t be repaid and to bail other family members out even if their misfortune were created through poor decision making. Look modestly presentable at family functions but refrain from appearing like you have a ton of discretionary income. Don’t ask me how I know.

jackmcclary

As we get older, Freedom matters more to us. So jumping on a flight to see family without much care for the price feels awesome.

treygounder

"Sometimes, it's not about having a talent, skill, or passion. But what if I told you that with the right investment, you can still achieve your goals? No talent, no skill, no passion, but good investment can bring you financial freedom. Don't underestimate the power of smart financial

AllisonSherman

This is an eye opener video and I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $90, 000 per annum but nothing to show for it.

Higuannn

Great video. I'm a millionaire minimalist and gained my wealth by only focusing my money on my business, relationships, and saving and investing. I sold my 6, 000 sq foot home and moved into a beautiful small apartment and bought only quality Eco friendly furniture & products. I do this with my wardrobe as well. I have saved so much money with this ethical lifestyle that I can afford to travel anytime I choose and focus on more meaningful experiences rather than material possessions.

modernminimalist

Stop valuing your consumption and start valuing your production. Even if you just cook for yourself, having an exceptional home-cooked meal gives you far more pride and joy than having an exceptional meal out.

ronnylackey

At first, the growth of the businesses is all that matters to us, and while many growth firms claim to be growth companies, in reality, they are non-growth companies, there are plenty of growth companies that are not expanding.

FreestyleJameZ

I have a different take on that topic. Only poor people should look poor for obvious reasons. But once your bank account is sorted, you can look whatever way you like. I've personally made it financially in life. Why should I continue looking as if I still haven't made it? I worked so hard so I could afford better things and live a happier life. Outward appearance makes me feel good even if no one sees me. I'm doing it for me.

chillout

In my country looking poor is life saving. LITERALLY I’m not joking.
Here if you show that you have any money you get kidnap. That’s something you learned from very young age. I have a good job where I make good money, and that’s because I speak English, but I tell all my friends and family members that I work as a waitress and make not much money. I drive I very old car and dress as a waitress. Black pants white shirt and hair up. The only person that knows the true is my mother, but she’s the one who teach me how to as she’s been doing the same.

zingara

The two most important things to do for self confidence and presentability are to not be materialistic and to be hygienic. Nothing else makes such a big dent as looking clean and knowing you’re financially secure.

cameronf

I learned this in college 15 years ago in Micro-economics. People who win the lottery return to their baseline level of happiness, and after a certain income level (there is a minimum threshold) your happiness stays the same at any income or level of wealth. Since then, I have thought, we're no better off than cavemen. When people say they're glad they live in the 21st century with cars and all the technological progression, they think they're better off, but it's an illusion. Cavemen didn't know any better, even if their quality of life was much lower, their happiness was likely the same as today 🤣

FilipeFerro

She doesn’t look or sound poor in the slightest 😂

benice

Why Looking Poor Is Important