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The Beauty of Having Low Essential & Basic Expenses
By Investment Moats  •  June 3, 2023
One of my F.I. Telegram group members shares with me this Graham Stephen video about why he doesn’t spend money:
My Telegram group member identified the term “Financial Minimalist”. I think it is a nice term but I like this video because it explains a lot of things that I couldn’t do well in text. Some will find it incredulous considering Graham Stephen is a top YouTuber and makes millions annually from links to his channel. But what Graham is talking about is what’s going through inside his head. I can understand that. There are a few philosophies that Graham and I similarly shared.

Not having high overheads that weigh you down

At 1 min 45 seconds. Graham points out that having a lot of financial overheads stresses him out. It’s like signing your life away on things you are unsure if you need them....
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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