So usually in all of my videos, I sit down and I talk to you guys for a few minutes, and I like to think we have great conversation, where you get to learn something and better in life in some way.

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1. Walk a Mile in My Shoes
Let's start here, how many pairs of shoes do you own
Don’t guess get up and count if you can, and let go together
I have about 27 pairs of shoes, and I just ordered two more

Just like you: I only have two feet
Just like you, although I have all those shoes, I only use about 46 pairs
So what should I do here
Should I sell them, give them away or burn them

The answer: I have a lot more than I need
So I should be aware of this
That every time I buy another pair of shoes
It's literally a waste of money, vanity, and deplorable ( that’s a strong word )

2. Let's look at what I Drive
I drive sometimes a toyota Corolla 2017 which my friend owns
Or my moms Sante Fe Hyndai
Do you know why I don’t own a car ( when last year I almost spent $40,000 on one

I asked myself why do I need a car
Is it because I need it
Convenience
Status
Fitting in
Sense of freedom

Truth is:
The answer was, I was I didn’t need a car
And If I bought a car it would be a waste of money
So I borrow my friend's cars
And I also take public transportation

Ask yourself this:
Would that make you feel embarrassed
Would that make you feel less

What should you do:
If you spend $700 on a car a month
And you can trade that car for public transport for $200 a month
You should consider that or get a cheaper car

3. I want you to look at your phone
I spent $550 on this iPhone 13
I spend $30 a month to keep it active
Why?

This phone has everything I need:
I’ll use it until it turns off
And it’s the minimum amount I can pay for what I need
But why do you have a phone you can't even afford to payoff in cash, and why are you paying for unlimited 5g like you at a buffet

4. Lastly I want you to look at your bank account statement

Why I’m I spending $200 a month on eating out
Why did I spend almost $1000 on gifts, spending, and stuff
Why, why why

why:
I like eating out and spending time socializing with my friends
Do you have a problem saying no?
Do you feel guilty?

5. You should watch this video and look around your house and say ( why?)
I’m going to start selling and giving some stuff away for sure
A lot of poor people have too much stuff
And a lot of rich have too much stuff
But can be stupid

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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I'm an Accountant but I'm not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.