A Legrosszabb Vásárlások a 20-as Éveidben

Hollósi Martin

19 Sept 202409:00

Summary

TLDRThe video discusses common financial pitfalls people in their 20s should avoid, focusing on unnecessary spending such as luxury flights, club drinks, expensive TVs, and jewelry. The speaker emphasizes mindful spending and urges viewers to invest in experiences and essentials that add real value. He advises against impulsive purchases that don't provide long-term benefits, highlighting how financial freedom comes from smart choices. The video is aimed at helping young adults maximize their income while still enjoying life responsibly.

Takeaways

💰 People criticizing spending often do so because they lack the financial means themselves; if they had money, they might buy the same things.
☕ Advice like 'don’t spend $5 on coffee' is irrelevant if you have financial abundance, as spending is about balance and enjoyment.
🎉 The speaker has a rule to spend 10% of their income on fun and emphasizes the importance of enjoying life while still young.
✈️ Avoid spending money on business or first-class flights in your 20s unless it’s necessary for work-related sharpness. The extra money can be better spent on experiences at your destination.
🍾 Don’t waste money on overpriced bottles in clubs, as it’s a poor strategy to impress others and doesn’t provide any meaningful return.
📺 Buying expensive TVs or other gadgets is often a bad investment because new technology comes out frequently, and it distracts you from real-life experiences.
🎲 Spending money in casinos is fine as long as it’s viewed purely as entertainment, not as a way to make money.
❌ Avoid paying for OnlyFans subscriptions unless it’s for business research, as you’re essentially supporting someone’s lifestyle without getting anything significant in return.
💍 Jewelry quickly loses value once purchased, so avoid buying it for yourself, but it’s okay if buying for loved ones.
⌚ The speaker recommends investing in items like watches, which hold value, unlike jewelry that loses value almost immediately.

Q & A

What is the main argument presented by the speaker in the video?
-The speaker argues that people criticizing others for spending money are often those who would do the same if they had the financial resources. The speaker believes it's important to spend money and enjoy life, especially in their 20s and early 30s, as long as it aligns with their financial situation.
What financial rule does the speaker follow regarding spending?
-The speaker follows a rule of spending 10% of their income on enjoyment and entertainment. They mention that this percentage will increase as they grow older.
What is the speaker's advice on buying business or first-class plane tickets in your 20s?
-The speaker advises against purchasing business or first-class plane tickets for personal travel in your 20s unless you have financial abundance. They argue that the money saved on a cheaper ticket can be better spent on experiences at the travel destination.
Why does the speaker discourage buying drinks at clubs?
-The speaker discourages buying drinks at clubs because it is often a waste of money, driven by the psychological belief that it will attract attention. They highlight that people often buy expensive bottles with no real benefit, and the money could be better used elsewhere.
What is the speaker's view on buying expensive TVs?
-The speaker believes buying expensive TVs is unwise because it leads to spending more time on entertainment like Netflix or YouTube, which may not contribute to personal growth. They suggest that this money could be better spent on enriching life experiences.
What is the speaker's opinion on OnlyFans subscriptions?
-The speaker strongly advises against subscribing to OnlyFans unless it's for business purposes like market research. They argue that it reinforces a sense of scarcity in relationships and ultimately provides no real value in return.
Why does the speaker caution against buying jewelry in your 20s?
-The speaker cautions against buying jewelry because its value often drops significantly after purchase. They suggest that it is not a wise investment, especially for personal use, and is a waste of money unless buying for a loved one.
What is the speaker's perspective on spending money at casinos?
-The speaker is fine with spending money at casinos as long as people view it as paying for entertainment and not expecting financial returns. They highlight the danger of casinos when people gamble with the hope of winning money.
What does the speaker say about the mindset of club-goers who buy drinks to attract women?
-The speaker mentions that most men in clubs buy drinks to attract women, but it rarely works. Instead, women often take the drinks and leave to talk to someone they are genuinely interested in, making the drink purchases futile.
What does the speaker suggest about life experiences in your 20s?
-The speaker encourages spending money on meaningful life experiences, particularly when traveling, rather than on material goods or expensive luxuries like first-class tickets or extravagant club drinks.

Outlines

00:00

💸 Spending vs. Saving: The Real Perspective

The author discusses how people often criticize others for spending money, but if they had more money themselves, they would likely buy the same things. The video is made to address those who spend large amounts of money, like the author who spends 10% of his income, or about 3 million HUF monthly, for enjoyment. He argues that spending money in one’s 20s and 30s is justified, as one should enjoy life while still young. However, he advises against certain purchases regardless of income levels, as they are simply bad investments or unnecessary luxuries.

05:00

✈️ Avoid First-Class Flights in Your 20s

First-class and business-class flights are presented as worthwhile only in certain situations, such as when traveling for business and needing to perform well right after landing. However, for personal trips, the cost difference between economy and business class (e.g., $4800 extra for a Bali flight) could be better spent on experiences at the destination rather than on luxurious flights. For short trips, it's suggested to save on airfare and use the savings for other valuable purchases.

🍾 Clubbing Costs: Why It’s a Money Pit

Clubbing, especially buying expensive bottles at clubs, is labeled as a waste of money. Many men spend money on bottles hoping to attract women, but often, the women leave after getting free drinks. The author emphasizes that spending on bottles is not only financially unwise but also a poor social strategy. The analogy to casinos is made: while spending money for entertainment is fine, going with the expectation of gaining something valuable—whether money or social status—leads to disappointment.

📺 Expensive TVs: A Purchase to Avoid

Buying high-end TVs is criticized for being a waste, not only because technology becomes outdated quickly but also because TVs encourage passivity and detract from more productive or enriching activities. The author highlights the opportunity cost of watching TV instead of engaging in life experiences. He avoids TVs in his own life and sees them as distractions that prevent people from living fully. He suggests waiting until later in life, after enjoying real-life experiences, to indulge in such passive entertainment.

💻 Don’t Waste Money on OnlyFans

The author strongly advises against spending money on OnlyFans, seeing it as a platform where men pay for false connections with women. The reality is that many of these accounts are managed by agencies, often by men, and subscribers are interacting with marketers rather than the women themselves. Spending on OnlyFans is viewed as a sign of lack of abundance in one's social life. The author contrasts this with spending money on useful platforms like Skillshare, which offers real value for personal growth.

💎 Jewelry: A Poor Investment

Purchasing expensive jewelry is discouraged, especially for personal use. The author notes that the value of jewelry often drops by 40-80% once purchased. While buying jewelry for a loved one is acceptable, buying it for oneself is seen as a financial loss. The author prefers investments like watches or cars, which hold their value better. Despite owning some valuable pieces, the author rarely wears them and advises against jewelry purchases in one’s 20s.

Mindmap

Keywords

💡Frugality

Frugality refers to the practice of being economical with money or resources. In the video, it is mentioned in the context of people who try to shame others for spending money on things like Starbucks coffee, arguing that if they had more money, they would likely spend it on similar things. This highlights the perceived judgment from frugal individuals towards those who choose to spend on what they enjoy.

💡Discretionary Spending

Discretionary spending refers to the money spent on non-essential items and activities. The video creator mentions that they allocate 10% of their income for entertainment and this percentage will increase as they get older. The concept is used to justify spending on things that bring personal enjoyment, like expensive flights or social outings.

💡Financial Freedom

Financial freedom is the state of having sufficient personal wealth to live without having to work actively for basic necessities. The video contrasts this with people who have to carefully budget their spending. The creator suggests that if someone is financially free and can afford luxuries without compromising their financial security, they should feel comfortable spending on what they enjoy.

💡Value for Money

Value for money refers to getting the best possible quality or satisfaction from what you spend. The video emphasizes this by comparing the costs of a business class ticket versus the experiences and benefits that the same amount could bring at the destination. It suggests that spending wisely involves evaluating the true value derived from a purchase.

💡Opportunity Cost

Opportunity cost is the potential benefit lost when choosing one alternative over another. The video uses the example of buying a $6000 business class ticket to Bali instead of an economy class ticket for $1200. The $4800 saved could be used to enjoy an extended stay in Bali, demonstrating the potential lost experiences when opting for the more expensive option.

💡Club Spending

Club spending refers to the practice of buying expensive drinks and tables in nightclubs. The video criticizes this behavior as wasteful, especially since people often buy bottles to impress others or attract attention, but it rarely results in genuine connections. The creator compares this to gambling, where money is spent with little to no return on investment.

💡Luxury Purchases

Luxury purchases are high-cost items bought for pleasure, status, or personal satisfaction rather than necessity. The video discusses items like expensive jewelry and business class tickets as luxury purchases. It suggests avoiding these, particularly for those who are not financially abundant, as they lose value quickly and do not necessarily contribute to a fulfilling life.

💡Impulse Buying

Impulse buying is making unplanned purchases on a whim, often driven by emotional rather than rational motives. The video indirectly references this when talking about buying the latest TV models every few years. It suggests avoiding such purchases because they can lead to wasted money and do not add significant value to one's life.

💡OnlyFans

OnlyFans is a subscription-based content platform often used by creators to sell exclusive content, including adult material. The video advises against spending money on this platform unless one is involved in managing it for business purposes. It highlights how users may be spending money with the illusion of personal connection, which is often not the case.

💡Second-hand Value

Second-hand value refers to the worth of an item after it has been used or resold. The video points out that items like jewelry lose a significant portion of their value once purchased. This concept is used to argue against spending on items that do not retain their value over time, advising instead to invest in assets that hold or increase in value.

Highlights

People who criticize spending money may buy the same things if they had the money.

The speaker spends 3 million HUF monthly on entertainment, following a rule of spending 10% of income.

The speaker believes in enjoying money in their 20s and early 30s, rather than saving it all for later.

Avoid buying business or first-class plane tickets unless it's for an essential work trip.

Instead of spending money on luxury flights, use it to create memorable experiences at your destination.

Spending money on alcohol at clubs is not only a waste but also an ineffective way to impress people.

Buying bottles at clubs is a psychological trick, as people believe it will attract attention, but it rarely works.

Casinos are fine for entertainment if you understand you are paying for the experience, not expecting to win.

Buying an expensive TV every few years is unnecessary, as constant upgrades don’t bring substantial benefits.

Watching TV takes away time and opportunities to experience life and earn money.

Never spend money on OnlyFans unless it’s for market research, as it provides no real value.

The OnlyFans industry is run mostly by men, and subscribers often think they’re interacting with women when they're not.

Avoid buying jewelry for yourself, as it loses value immediately and is a wasteful investment.

Expensive watches and cars are better investments because they hold value or appreciate over time.

When gifting others, such as a significant other or family, buying jewelry is acceptable.