The 5 Things I Don't Spend Money On Anymore

@dominiquejonae

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Why it worked

The video taps into a common desire for financial improvement and wealth building, offering practical, relatable advice. The creator's personal success story ($500k+ net worth from $0) lends credibility, while the listicle format makes the information easily digestible and shareable.

Summary

The creator shares five things she no longer spends money on after building a significant net worth. These include premium vehicles, bottled water, Amazon Prime membership, and extended warranties on small consumer products. She emphasizes living below her means and saving consistently.

Structure

1Introduction and personal finance journey
2No premium vehicles
3No bottled water
4No Amazon Prime membership
5No extended warranties
6Call for audience engagement

Product placement

The creator shows a picture of her 2018 Kia Soul, which she mentions is not a premium vehicle. She also discusses Amazon Prime membership and extended warranties on consumer products like phones, computers, and small appliances.

Call to action

Let me know in the comments down below.

On-screen text

The 5 Things I Don't Spend Money On Anymore As someone who built a $500k net worth from $0 No Premium Vehicles 🚫 Bottled Water Amazon Prime Membership Extended Warranties

Original caption

Save this and thank me later 💸 I used to blow money on these 5 things... and wondered why I wasn't getting ahead. But after building a $500k+ net worth, my perspective changed. Now, I avoid them not because I'm broke, but because I know what they're really costing me. #buildingwealth #PersonalFinance #budgetingtips #financialtransparency #moneysavingtips

More from @dominiquejonae

Their other posts in the index, biggest breakout first.

Transcript

things. These are five things I no longer spend money on as someone who has built up an over half a million dollar net worth by living below my means and consistently saving 50% of my income. If you're new to my page, hi, my name is Dominique, and I post financially conscious lifestyle and budgeting tips to show that you can live a full life while building wealth and living below your means. So if you're interested in that type of content, definitely give me a follow. Number one, no premium vehicles. You will not catch me out here spending money on a premium vehicle, okay? I drive a 2018 Kia Soul. It's a bit dented up, but it runs well and it's paid off. It gets me from point A to point B, and I don't see the need to pay money to fix the dents because it does not impact the way the car runs. No. Number two, bottled water. Tap water is just fine in my area, and if it wasn't, I would definitely invest in a filter of some sort before I start buying bottled water. Number three, Amazon Prime membership. Most of the time, once your cart hits $35, you get free shipping anyway. So I just let my cart build up over time. Anything I need quicker, I would just go to the store and buy it or go to the manufacturer's website and buy it direct. Number four, extended warranties. Plans on like small consumer products. So think things like phones, computers, coffee makers, small appliances like that. Just a general policy of mine, cumulative purchasing warranties, I feel like the cumulative savings from not purchasing those warranties would more than offset the cost to replace or repair one of those appliances if it were to fail. Dave Ramsey once said that Best Buy is an extended warranty store that also sells electronics, and I found that really funny. I'm curious what other things you guys are no longer spending your money on, especially in this economy. So let me know in the comments down below.