why don’t you let me fix you some of this numo coco drink all natural cocoa beans from the upper slopes of mountain nicaragua no artificial sweeteners what the hell are you talking about in 2021 the average person is estimated to encounter 6 000 to 10 000 advertisements every single
day this is double the number of advertisements we’d have seen in 2007 and 12 times more than what people were seeing in the 70s we encounter ads everywhere on tv instagram facebook tick tock magazines and spotify there’s a very good chance you had an advertisement before or around this
very CashNews.co i bring up this overwhelming advertisement driven lifestyle we’re living because it hints at the larger concern that i have with our current way of life mass consumption consumerism is defined as the preoccupation of society with the acquisition of consumer goods we’re
constantly being told to buy more want more have more that what you have now is not enough that maybe if you just bought this one product or service your problems would be solved we want more we want more like you really like it you want more i follow you this messaging paired with an oversaturated
culture of consumerism and increasingly easier ways to purchase goods at the touch of your fingers has led to an enormous increase in consumer spending over the past several decades which i believe has in turn greatly affected our collective style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance
of buying more that has been drilled into us from years and years of advertisements then i believe we can help save our wallets our peace of mind and our planet all at the same time so first off let’s talk money mass consumption is really expensive on an individual level usa today reported in
2019 that americans spend an average of 18 000 on non-essentials every year that is a whole down payment on a house or a master’s degree that you could pay for or an entire year’s worth of rent in a really nice apartment bottom line that is a lot of money in that same usa today article
they break down what type of buckets of non-essential spending people are devoting their money to here’s the chart so that you can see all of it but i wanted to highlight a few items that stood out to me 108 dollars a month goes to impulse purchases about 94 goes to subscription boxes and
about 178 goes to takeout or delivery that is a nearly 400 example of unnecessary mass consumption that is hurting people’s wallets every single month that’s not even beginning to touch on the other artifacts of mass consumption that we see in that breakdown such as coffee every day
bottled water multiple streaming services and online shopping now you’ve got the idea put plenty of coke in that refrigerator one for you one for me i love it i got us a little something too yeah yep one for you and one for me and look i’m not saying you need to cut all non-essential
spending from your life some non-essential spending can really make a fun time like if i want to go to the cheesecake factory with my friends i’m probably going to do that every once in a while i love my good i have a chocolate cheesecake but what i think we need to start doing is instead of
cutting it all out just starting to trim it and redirect it using that money for things that are going to be more meaningful in the long term rather than buying things that we just want impulsively and that we probably don’t need in our lives i think it’s really important for people
including myself to try to break out of these habits of buying things impulsively or things that we don’t need or aren’t going to use in the long term because all of that is a product of the mass consumption culture that we live in our culture promotes convenience whether that’s
the convenience of getting your food delivered to your doorstep despite almost doubling the cost sometimes or whether it’s the ease in which you can purchase just about anything with a click of a button on amazon but what happens is we get trapped in a cycle of consumption which keeps us
desperate for money so we can continue to buy more things i saw a stat the other day that blew my mind and it was that sixty percent of millennials who earn one hundred thousand dollars or more a year are living paycheck to paycheck which is wild and a lot of reason for that is because of lifestyle
a lifestyle of consumption where buying expensive things or just simply buying a lot of things is the norm here in my garage just bought this uh new lamborghini here fun to drive up here in the hollywood hills people get a rush when they buy something new and for some it helps them feel like
they’re keeping up with their friends or the people they see online but all of that is a fantasy companies and media influence you to buy more things which in turn forces you to continue working to pay for those things often as an employee at those very same companies we’re like little
gerbils on a wheel just keep on running but we don’t go anywhere we just keep buying things and then we have to keep working and you’re stuck and you’re stuck until you get off the wheel choosing to turn away from over consumption is how you escape that cycle it’s about
choosing yourself over products in a lifestyle that’s been fed to you by advertisements and media and it’s about building up your financial health so that you don’t have to live paycheck to paycheck and that you can have financial freedom one day the environmental impact rejecting
mass consumption can absolutely help your Finances because you’re spending less on random stuff that you don’t need and it can help your peace of mind because you
can start to escape that feeling of comparison and feeling like you always need to keep up with other people online or celebrities or anything like that it’s a peaceful existence when you can start turning away from consumption but i think an equally if not more important reason to reject
mass consumption is the environmental impact consumerism takes a huge toll on our planet americans alone throw away an average of 81 pounds of clothes and textiles every year that’s just for one person and as a nation we dispose of about 26 million tons of plastics each year and the us is not
the only country doing this it’s not just their problem there’s so much excess in the world right now national geographic recently reported that quote this unprecedented consumer appetite is undermining the natural systems we all depend on and making it even harder for the world’s
poor to meet their basic needs and that quote most of the environmental problems we see today can be linked to consumption oh wait did i say that was a recent report my bad that came out in 2004 so the problem has gotten even worse since then we have a more globalized economy and it’s easier
than ever to buy things online from all over the world so it’s just exacerbating this problem of consumption not to mention our appetite has gotten a lot worse for consumption because of things like social media i’m not saying this all to be alarmist i think we all know the threats that
face our planet right now when it comes to climate change i know there’s a lot of people and systems that are to blame for this but i think there is a way that we can help contribute to bettering this planet and changing the culture and that’s by changing our habits around consumption
we have to turn away from the temptations of consumption instead of buying a new wardrobe with every new trend that comes out on tick-tock curate your closet with staples that are timeless and durable keep your current phone if it works instead of lining up to buy whatever new iphone apple has that
year gift experiences for people instead of products and start practicing finding joy and excitement in things that don’t involve spending money and consuming i don’t really blame us for falling into these habits of consumption because it was the blueprint that was laid out for us be a
good consumer make companies money maybe if you buy all these products they will fill whatever hole is inside of you i’m not talking about dildos that i’m realizing now that sounds like dildos but any product really mass consumption in general it makes you feel whole that’s at
least the story that we’ve been told but it’s not true i think there can be so much fun excitement and benefit to rejecting mass consumption and adopting a more simple minimalist and sustainable approach to life if you’re on the fence about it try it out for a month try just 30
days of living a little bit more simply and not consuming as much and then at the end see how you feel see if you’ve saved a ton more money and if you kind of like it and then go from there and if you’re already interested or you’re already doing it that’s amazing and i want
to hear what you think in the comments below so let me know how you’ve gone about living a simple life or rejecting consumerism or what steps you’re hoping to take to get there i plan to do more CashNews.co essays like this in the future from dissecting impulse shopping to talking about
how social media keeps us poor so if you’re interested in things like that please subscribe i also post weekly CashNews.cos just in general about personal Finance money
management living your best life all those things so if you’re not subscribed please do and if you’d like to support this channel and the content that i’m making you can also donate some money and quote buy me a coffee in the link below i put it there and i just started it so feel
free to do so but also don’t feel like you have to but thank you so much for watching i really hope this CashNews.co was interesting to you guys maybe helpful or inspiring um but yeah thank you again for watching and i will see you guys next week alright bye
CashNews, your go-to portal for financial news and insights.
i am starting a sustainable startup, i hope help
Mostly this is problem of women
Advertisements are literal brain poison… Imagine how much more free everyone would feel without them draining your daily energy. I wish billboards and public advertising were illegal. What I mean is, you can technically choose not to watch YouTube, or turn off the TV when commercials come on, but what can you do when you're driving past a billboard on the highway? It's not like you can close your eyes. The other options have some amount of consent involved, but public advertisments are literally impossible to avoid unless you live basically off-grid in the wilderness.
Edit: my auto-correct did not catch my Freudian slip of missing the "L" in "public" and turned it into an even more bleak prospect of future advertising locations… Oopsie! Let's hope they don't get any ideas. 😅😱
Remember to vacuum under fridge…it will make the coils last longer, I learned the hard way.
Got four adverts for crap from YT during the playback of this video (so far). The irony!
Im a guy but during the pandemic I started dressing up like a woman , I spend so much on dresses and makeup , it’s fun but very expensive . I’m trying to quit .
That dildo thing😂 you killed me
lol the first like five on that list by usa today are just the same thing. they really pretending that restaurant means and take out are different lol or lunch. madness, and without overdoing it, spending on food is not nearly like getting a random box of shit from a goodwill for 20 bucks a month with a picture of xmen on it or some weird shit. Impulse purchases should really be the entirety of the category since that kinda is a core essence of impulse buys, none have purpose.
This is why, every single environmentalist campaigner, especially greta thunberg, is so delulu and stop campaigning, and just do their bit. Their campaigning costs more earth than what they think they're saving. You do you, if you know what is good, do it yourself. Once you've done your part, then clean up other's mess, instead of strutting around with pickets and buying shit to gain political power.
I was just thinking about this this morning car manufacturers should start setting strict limits on car productions for intermittent years there so many cars where the hell are we going to put them all I buy used after I totaled my new car
Anyone else think she looks like shoe0nhead?
I would have really liked you to speak without the music in the background it is really hard to hear what you are saying over it, please think about redoing your videos without it, having to turn your video up which actually makes the mushing music louder too, does not help those of us with hearing problems.
Stop buying crap. Comments full of excuses. You’re to blame. Stop buying crap you don’t need
Without advertisement you would not earn money, therefore you would not make this video
Youtubers are also a part of the consumerism-pandemic, so are you
So why would you criticise something so heavily, when you yourself are depend on it?
Does not make sense to make, except you would not let ads on before your video and would not make cooperations with sponsors.
The infrastructure is the problem like gasoline , the phone charger and charging cable of too many standard , the far away suppermarket or convenience store , the tools and equipment , the packaging materials ect..
Almost three years later, the video is even more on point. Consumer culture, or rather the lack thereof, has almost reached its apogee ¯_ಠ_ಠ_/¯
Consumerism drives people away from considering where all the stuff they buy comes from (the raw materials). It removes us from our relationship to the natural world and how it works. And frugality doesn't come easy to some people. Many people's identities are driven by trendiness. If trendiness could be integrated with sustainability rather than with buying more stuff, maybe that could turn things around. Ignorance about where stuff comes from, how it's made, and the environmental impacts of making it is what's killing ecosystems. Consumers have been led to believe that life is an endless stream of luxury, the fairy tales of eternal economic growth Greta Thunberg talked about. We feel responsible for our families, but we don't feel responsible for the Earth, because many people still hold on to the belief that the resources are unlimited. If we treated the Earth more like a family member, or even like a pet, we would already be doing much more on its behalf.
For me, Botox and hockey classes are my only treats. I’ve been a frugal under consumer my whole life!
I wish you didnt use music in your videos i cant focus
It never sounded like dildos. Maybe fight club but not dildos
Much rather Skip the coffee and the take out put that $20+ into calculated gambling . That is how little value I place on overpriced food and beverage
I don’t know if it’s just the people, I’m always buying new shit because my old shit breaks, nothing lasts anymore. Vacuum pressure washer my drill and impact gun are some recent examples of things that should last years but seem to only last a year
And my clothes fall apart so fast
"“Therefore I tell you, do not worry about your life, what you will eat or drink; or about your body, what you will wear. Is not life more than food, and the body more than clothes?" – Jesus
This is the reason why my wife knows she's going to buy me an expensive item like a wallet, that money should go to somebody who hand makes the wallet. Where I can take send wallet to get repaired by the same person who made it or by a local leather worker.
This over buying mass produced ones we have to throw away every few years because essential components wear/break.
I have a little home bussines of t-shirt and bags, and when i see this i feel bad but i have to live somehow 🙁
Appreciated this message! The funeral music in the background though 😂
2:30 Buying lunch is nonessential item??
I deleted all purchase apps from my phone and only scan them though website…
And I never played mobile or computer games.
Then I don't need a new and better smartphone, and I can use my phone for more than 3 years ~
Very fitting while watching this I get 4 different ads for all random products 😆
moving to a small mountain town has made me evaluate what is an essential purchase. i'm more mindful about what will last, what will get many many uses. all the free things i have access to here fuels that dopamine hit but if i don't like the item, it goes back into the free pile. ita not a perfect closed loop, but it slows the desire to shop and buy
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i'm 24 and had to file for bankruptcy this year because of financial decisions i made right when i turned 18. if that wasn't the biggest wake up call i needed, i don't know what is. i had to stop overconsumption purely because i no longer have the funds to support my old spending habits and quite honestly, it changes everything. yes, it involves a few more steps within your routine, but disconnecting from people and companies who are trying to sell you sh*t 24/7 is nothing if not freeing. buying things doesn't feel exciting anymore, so I just do it way less.
Your voice is so soothing. And the content is great, thank you!
In GenZ, the comparision makes them to buy more and more expensive stuff to look good in front of their friends. Latest Iphone, MacBook, new car, trend clothes
Also free and public stuff is needed. Public spaces allow you to have recreational time without the need to pay someone to use it
We all deserve public spaces and green area, but we all need to take care of them
Lots of talk about consumerism but that’s only one side of the coin. What about housing prices, cost of living price gouging tactics by companies etc?
This is the good side of the inernet!
My biggest 🦶print has been carbon emissions from vehicles
90% if this stuff is bought by women.
As a "fashionista" myself, it's really hard to get a wardrobe that i love for a long time and i gotta say, I'm so thankful for apps like vinted or depop or vintage markets because they give me the possibility to switch up my closet whenever i'm feeling tired of my style. The hardest thing is trying not to fall on microtrends becuase it gets so tempting with tiktok and influencers nowadays..
One of the things that really bothers me is every time I see a celebrity/influencer’s house tour, their refrigerators are always filled with A LOT OF PLASTIC BOTTLES. 💁♀️🤦♀️
You do know that if we don't consume, companies dont produce. If they don't have to produce they won't invest and if they don't invest, we're out of jobs….
love the message but your ponytailllllll is killing meeeeeee
I have an LG refrigerator which is 12years old. I had to repair it only once since purchase. The repairmen told me that these old refrigerators were made to last forever unlike latest models.
I can't and I don't want to stop bying. I shouldn't have to. Especially clothes. And/or cosmetics. The question is not in the waste, the real problem is we can not restore the waste matter 100 percent into reusable source for a new manifacture. Obviously I would not like to change my car every 5 years due to break downs. But apparently this is exactly the kind of effect they are looking for. Looking at samsung, too. I buy chinese shit heater to keep me warm during the winter. It was broken after six months. The problem is not the consumer, the problem is the poor quality too. I have heaters from communism time, I would always prefer to fix them and I would never throw them away. Every old tech seem more durable than the trash made nowadays. This is not about the consumers, this is about the manifacturers.
But what if there was a push of second hand buy and second hand material sourcing. If we are destined to consume in this society, what if we consumed more consciously.
All I see now are people flocking to start small businesses from home and just creating more sublimation garbage.