8 Countercultural Decisions to Find Financial Freedom

Regarding retirement, I believe it makes a huge difference who you're working for. If you're self employed, your motivation is different than if your time is consumed enriching others. Also, many have their use of time dictated by the rigid schedules of their jobs. In this case, retirement can be like getting out of prison.

I love that you and your grandparents don’t drink alcohol. Nothing good comes from it.

Cut down on the talk, get to the point. Thanks.

Yes to cash!

How do you keep a "tighter record" though? Do you keep all the receipts (tried that, it contributes to needless trash so I stopped).

Love your work! I even agree about not retiring if you don't have to. My dad always said "keep moving." I think today people worry so much about being able to retire and this is a good mindset shift. I like having a purpose and their is a social aspect of work that is healthy. I work on maintaining a simpler life and while I may slow down on my workload as I get older, I like having money in the bank, living below my means, and I can still volunteer in the community. I have seen a lot of people fall apart once they retire and I want to stay vital! As long as I have enough vacation time to travel, I will likely work a looooooong time.

A couple with regulary 20 times our incomes (we were living simply and frugally) maintained with envy all over their voices and faces: "It is so easy for you, but we could never afford to live like you." I could tell they really believed their statement, but I could never figure it out, it is such a riddle to me. Can you?

Planning ahead can really minimize taxes! I’ve made a smart reinvestments, especially with some great guidance from a pro for a half year now, and it’s been a game changer. I was able to reinvest my RMD strategically, and I’m now pulling in about $25k a week, despite doing very little trading myself. It’s a nice cushion against financial stress. Best of luck with your RMD decisions!

Go debt free. Go on a 6 month spending moratorium. Sell stuff you no longer need or use. Live below your means. Spend less, save more. Keep it manageable. Shop insurance every 2 years. You'll be amazed at how your life will improve.

Thank you so much❤❤❤

One question, what type of cell phone do you and your family use today?

I can't wait to retire. I am so burned out on hustle culture, Protestant work ethic. I wore out my body from 40 years of construction. You guys do it. I'll play my guitar now.

PLEASE STOP BUYING STUFF........it hasnt helped
Do esteemable acts

thanks well said

I’am 72 and have retired , since then I have started doing a cleaning job for 3 hours a week , it gives me money to renovate my 3 bedroom unit , I have added a back deck the length of my unit , added fake grass so I don’t have to mow , I have a small vegetable garden , make my own bread , yoghurt and most of the staples , I cook from scratch , in bulk and freeze in portion saves cooking every night . I don’t drink or smoke , my vise is getting my hair cut and dye every 6 weeks .

You got a subscriber!

This is excellent advice Joshua! I appreciate your courage to speak countercultural wisdom and challenge the status quo. I think a video unpacking your thoughts on not retiring would be beneficial. I agree with you on not retiring, but that does not at all mean I plan to continue to do the job I have been doing for most of my life. I plan to continue to add value to the lives of others through meaningful work for my entire life while at the same time prioritizing family relationships. Also, you account for the wisdom in saving for later years and understanding a decline in health and ability to do some work is a factor.

Thank you for what you do - this is my first comment, but I have been inspired and encouraged by your videos and books - so I am truly grateful and have made some significant changes in my lifestyle and plan to continue to do so.

My country paid half of our salary after retired. I will never work again. It is time to rest and enjoy old age.

1. Purchase based on necessity and not on opportunity.
2. Never take car loan. Buy with cash.
3. Save one of the dual incomes.
4. Avoid alcohol (addiction)
5. Never retire
6. Pay with cash
7. Donate atleast 10%
8. Put the spendee incharge of finances

To paraphrase Charles Dickens……salary £1 a month, spend £1.01 = unhappiness…….salary £1 a month, spend 99 pence = happiness. It’s that simple….🇬🇧

American do retire ? I would say it is countercultural for France (I am French) although year after year our rights are decreased...

Wow! What a great content👌💝

Depends on your job..... i work in a very busy Accident and Emergency department. I don't want to stay in my job till I drop dead. I have a lot of hobbies and interests and two very busy grandchildren. I want to travel and see places with my friends. BRING IT ON......

Never retire is ridiculous advice 👎🏾

Many probably bulked at "Don't Retire", but, as with your grandfather, my grandfather too worked until cancer didn't allow him to. I remember him telling me, after a few months into retirement at 65, that boredom was driving him crazy into senility. He decided to continue his profession, auto mechanic, and offered his services to friends and referrals - from checking a vehicle before purchase to regular maintenance to installations, etc. He did what he enjoyed, filled his late days with purpose, and earned complementary income to his pension (which was not enough to stave off inflation).

Strongly disagree with never retire. I agree with the notion of always have something to do, whether that be photography, woodworking, cooking, etc. but working for a company until the day you die is not healthy. In America, we have jobs to pay the bills, not because we inherently enjoy the work. If your work is something you love and creative, by all means never retire.

I love my retirement! I was a nurse, which totally exhausted me and ruined my back. I am thoroughly enjoying not having to go to work.

My grandparents had a similar financial dynamic. My grandmother was primarily the one tracking and addressing the household’s needs, so she managed the money. She also happened to be the more practical of the two, so it worked out for them.

As a man and HEAD of the house YOU should be in charge. You should not be giving soft advice to young people.

Regarding never retiring, although that may work with a cushy white collar job (and I'd include pastors in that category), there is no way blue collar workers can do back breaking work until they die. Most should actually retire far earlier than they are able. We're living modestly and planning to be able to retire at 55, if needed.

That said, we were made for work! You can officially retire and yet volunteer (things less physically demanding), serve people on a personal level, etc. I don't believe in retiring to spend your days selfishly and lazily (well, some of that is good...just not 100%!), but retiring is a lot more needed when you're a blue collar worker. We can't all be Moses 😉

Ditto - I have worked since I was 16 and am now 80 and retired and enjoying my hiking, trail walking , reading and card playing with friends.

Purchase for true opportunity (like a fixer as a rental) if you want to be free/have options. We have an opportunity fund vs emergency fund and are Xers that have been job optional for 22 yrs. Never a car payment for sure. Let your stats do the talking.

Never retire??????? Good bye!!

That is one of my all time fav quotes!

I've seen Lazy People Die after 2 Years after Retirement

Work becomes joy???🤣🤣🤣🤣🤣 😂😂😂😂

give away 10% = nope, not in this economy

I have followed you for a long time. I have adopted many of your ideas to my advantage. But I think you're running out of material and just throwing stuff out there for controversy and clicks. So I'm unfollowing and moving on. Also, please rethink your decision to continue supporting a fascist who spreads disinformation - Musk - and has now been banned by an entire COUNTRY (Brazil). Figure out if your greed outweighs doing what you know is wrong.

This is SUCH a privileged view.

At 50 I realized alcohol was holding me back in every aspect- after pretty much quitting- my business has skyrocketed. My anxiety is gone. My fear of missing out is gone! It’s been amazing. My boyfriend has quit too! We both love our lives without the distraction of it.

Also I completely agree about retirement- which too many on here aren’t understanding what that means. Have a purpose - learn things- get out and enjoy life and be present. Too many think work is a waste of time after a certain age but I disagree- you should always be striving to learn new things and apply them to your life. You add value to yourself and others that way.

America does NOT have a MONEY problem. America has a SPENDING problem.
MONEY = "It is better to HAVE it and NOT need it, than to NEED it and NOT have it.

He might lose Samsung
But God has not left him
Other doors are opened for him
God will definitely bless him❤❤❤🎉🎉🎉😊😊😊
My senior used to say never give up
God is not a debtor of anyone

Hi, I like every advice, except Never retire 😢

My sister and her husband spent a lot of $$$ on a fancy Rivian. After putting two car seats in the middle seats, any one else who needs to ride has to climb in through the trunk to sit in the back row. Imagine paying $90k for a car and grandma and grandpa have to climb in through the tailgate. I’ll stick with my totally unsexy, uncool, uber practical minivan.

Some of these I already follow, like the no alcohol and never have a car payment. Always pay with cash? No. I get the concept, but I pay off my credit cards monthly and I get stuff cheaper or 'for free' with rewards points. I don't have debt, but these concepts are still useful in being more efficient with my finances, avoiding debt and making it easier to build wealth.

A tip for someone who may be in a situation where they use credit cards (we do because my husband travels a lot for work). Pay your credit card bill off WEEKLY. With the advent of online bill pay, this is so easy to do and it keeps you from getting a horrible surprise when the bill comes due. It also keeps you from buying things you don't need to or can't afford.

Why not use a credit card and pay it ALL when it is due? I am not worried that I won’t pay mine off, so why not get the points?

I'd urge caution about putting the biggest spender in charge of finance. If that person is serious about staying out of debt and is organised and reliable, then it could work, but if they're not, the risk is that the person will just spend up to the credit/overdraft limit and the other family members won't realise until it's too late.

I am going to retire at 59.5 I am not going to work until I die. I can probably enjoy 20+ yrs with the money I've stockpiled. I earned that time off and what was the point of piling up all that cash and sacrificing during working years?

We retired from F/T work when our youngest finished college. We worked P/T for a while. I've been doing various volunteer activities in my neighborhood and
meeting interesting people. My husband has lots of hobbies and interests. We also keep up with family and long-term friends. Tina, Al's wife

Thank you