3 things that ruined my life [swOXVYwLVl8]

As a 35-year-old man, I've made a lot of

mistakes in life, and I kind of wish I had

someone to tell me these things that I'm

going to tell you today, how not to ruin

your life.

But yeah, I made a lot of mistakes over

the last 5 to 10 years, mostly involving

wasting huge amounts of money.

And it would have been nice if there was

someone in my life who would have given me

some advice, gave me some warnings, said

to me, Daniel, I think you need to stop

because this is very dangerous what you're

doing, and it's not a very good idea.

So basically There's a few things I've

done in life that have resulted in me

losing massive amounts of money that I

could have avoided very easily.

And if I didn't do those dumb things, I

would have loads of money in my bank

account right now and I could just buy a

Tesla Model Y probably.

So basically I've lost probably over

£30,000.

Yeah, £30,000, which is probably like

$45,000 doing these stupid things.

Number 1, gambling on the stock market.

Number 2, not paying my taxes when I was

supposed to.

Number 3, chasing women all around the

world trying to get them to fall in love

with me, which never works.

Okay, so first of all, let's talk about

taxes.

I lost a lot of money because I had to pay

interest on taxes that I didn't pay on

time, and also I had to pay a massive

amount in tax penalties.

I think in total I had to pay about

£10,000 in tax penalties and then like

£5,000 or £6,000 in interest.

That built up over nearly 4 to 5 years on

late payments.

So some of you might also experience this

where you get some luck and you go viral

and you blow up on social media.

It could be anything— YouTube, Twitter,

Instagram, TikTok.

There's so many ways to make money online

on all of these different social media

platforms.

And maybe you're a content creator as

well, or you've got some kind of

self-employed business that you run

yourself, and just by luck or by skill or

by hard work, it actually starts making

loads of money.

And then you feel like you've won the

lottery, you've hit the jackpot, you're

making all this money, it's coming in all

at once.

You've never experienced having so much

money before, and you feel like you're

invincible, like you're a god.

And you don't even think about the fact

that you've got to pay taxes on this

because you want to enjoy the money.

You don't want to give it away.

And when my YouTube channel blew up in

2018, I was making huge amounts of money

from about 2018 until 2022 nearly, and I

didn't really think about paying taxes.

I didn't even consider the fact that I

even had to pay any taxes.

I paid a tiny bit because I thought I

might pay a little bit, you know, it's

fair.

But I didn't realize I had to pay tax on

all of my earnings above a certain amount.

So instead of worrying about tax and being

responsible and actually paying it, I just

wanted to enjoy the money and splurge and

buy tech and go traveling and buy all this

junk that I didn't need.

I wasted so much money just buying stuff

like gaming laptops, cameras, clothing,

random bits of junk that I don't even

need, and then chucked in the bin because

I didn't really need it.

And even if it cost hundreds of dollars, I

just chucked it in the bin because it was

so easy to make $100 or $500 back then.

I would just make a video or two and then

I'd make back $500.

It was so easy.

I wouldn't even blink my eye at buying a

camera for $500, not liking it, and just

going, oh, I don't like it, chuck it in

the bin or smash it, and then just make a

couple videos and then I make back the

money I lost.

It was so easy.

Money just came in so easily back then.

Don't think you can get away without

paying taxes or paying all of the taxes

that you're supposed to pay.

You won't get away with it.

You might think, yeah, I can get away with

it, they won't find out.

And you might get away with it for a few

years, but eventually they will find out

and they will catch up to you.

And then you're screwed because then

they'll be like, show us your bank

statements going back the last 5 years.

And then you're screwed because if you

don't show them the bank statements, then

you're in big trouble.

They will just send people to force you or

they will force the bank to show them your

bank statements.

And then you'll be in big trouble for

trying to hide it.

And I just feel so annoyed with myself

because I pointlessly lost so much money,

over £12,000 to £13,000 in penalties and

interest that built up over the years when

I didn't have to lose that money.

If I had just paid my tax when I had to

pay it and I paid the right amount, I

would have an extra nearly £15,000 in my

bank account right now.

My next warning is be very careful about

the stock market and crypto.

It's very tempting to think you're going

to be like a genius and you're going to

become rich by investing in the stock

market, but it is really just kind of like

gambling if you don't know what you're

doing and you're not doing it properly and

you're doing it in a very risky, dangerous

way.

It basically is just like going to a

casino.

You might get lucky for a bit and make

loads of money like I did, and then your

luck runs out and then you end up losing

it all.

So it is very dangerous and risky to think

that you're like the top 1% and you're a

genius at investing, you're gonna make all

this money.

So I lost nearly £16,000 in my investment

account just by buying and selling stuff,

and I bought stuff at the wrong time,

market crashed, to sell at a massive loss

of over 60% of my initial investment of

£20,000 went down.

I mean, my initial investment of £20,000

went all the way down to about £7,000 or

£8,000, and I haven't really been able to

recover from that crash even after over 2

years of really trying hard to learn how

to invest.

I have made a tiny bit of money back, but

it's so tiny, it's nowhere near too close

to making back the amount I lost.

So I lost like £15,000 trying to invest.

And then I tried day trading, which is

even more dangerous and even more risky

because you're placing large amounts of

money on leverage and multipliers like 3x,

10x leverages, hoping that something's

going to go up.

But then it goes down, and then you get

margin called, and then you get stopped

out, and you lose all the money.

So I lost like £2,500 trying to day trade,

and I lost all that within months because

It was like every time I put in a trade,

the market just never did what I wanted it

to do.

It would go up when I wanted it to go

down, it would go down when I wanted it to

go up.

And I just had to just quit and close my

accounts because I didn't want to lose any

more money.

And I gave up on day trading because it's

just too risky, it's too difficult.

Maybe it is possible if you really try

hard and you have like a strategy and you

test all of these different indicators and

stuff like that, but I just, I can't be

bothered, to be honest.

I'm not saying don't invest.

I think investing is still a good idea.

You just have to be responsible about it.

You need to have like a 20-year year,

30-year outlook on how long you're going

to be investing.

It's not a get-rich-overnight-quick thing.

If you think you can get rich overnight,

that's very dangerous.

You might get lucky, but you probably will

run out of luck like me and then just end

up losing money.

You've got to think about it as a very

long-term investment where you compound

your gains over 10, 20, 30, even 40 years

depending on how young you are.

If you just put a tiny bit of money into

the market every month, over decades, then

you probably will make money after 30 or

40 years.

But that's boring.

But the thing is, investing is supposed to

be boring.

It's not supposed to be entertaining or

exciting.

If you're looking for excitement and

entertainment when you go into the stock

market, then that's kind of a recipe for

disaster.

If you want excitement and adrenaline,

then just go to the casino and gamble on

slots because it's basically the same

thing.

And then my next warning, the third way I

lost loads of money and time is by chasing

women all around the world, by flying to

other countries and wasting thousands of

pounds on hotels, flights, food, trying to

live in foreign countries as well so you

can be near this girl that you like is

never gonna end well.

It might seem romantic and it might seem

kind of cool that you have all this money

and you can like splurge it because you're

so in love with some girl.

It might seem romantic, but I don't think

girls are really impressed by that.

Girls don't really find it very attractive

when the guy just drops everything in his

life and then spends all this money just

so he can be with them.

It kind of puts them off and it makes them

feel pressured, like, oh my God, he just

did all this for me, now I have— now I owe

him.

And as some of you may know, I was really,

really head over heels, really crazy about

this Dutch girl called Mila.

And I think I spent over £20,000 in order

to try and be with her by flying to

Germany and then spending like 6 months

trying to live in Rotterdam by living in

this really overpriced expensive apartment

because I couldn't get a better apartment

because I didn't have a visa, I didn't

have a job, so it was hard to actually get

a proper apartment contract.

And I wasted more money in Airbnbs and all

that.

So after about nearly a year in Germany

and the Netherlands all doing this just

because I was in love with Mila, I wasted

nearly £20,000 and then she dumped me

anyway because she said we don't have

anything in common and She didn't really

feel strongly about me anymore, and she

didn't see a future with me.

And I felt like I just blew all this money

and she dumped me anyway.

What was the point?

I want my money back.

I spent my entire 20s and nearly half of

my 30s wasting money and wasting time

flying to this country and flying to that

country and having failed relationship

after failed relationship, trying to date

some girl, trying to date some woman in

some foreign country and blowing huge

amounts of money whilst doing it.

And at the end of the day, No one is

impressed that I'm blowing loads of money.

They just think that's kind of

irresponsible, and it's not going to make

them like you.

It might make them think, oh, he really

likes me, but after a while that wears off

and they don't really care anymore.

So over the last 15 years, I have no idea

how much money I've wasted chasing women

all around the world, mostly in Japan.

I probably wasted over £50,000 just flying

here and flying there, and staying in

hotels and apartments and just country

hopping for every relationship that I

tried to get myself into, trying to find

the perfect girlfriend, trying to find my

soulmate.

And I think it's just a waste of time.

Imagine if I had all that money back, I

could do something useful with it.

I got nothing to show for all of the

failed relationships I've been in and for

all of the money I put into those

endeavors.

I got nothing out of it that actually

lasted after the relationship ended.

I got no skills out of it, got no assets,

got nothing really.

The money's just gone out the window.

I guess you could say I got experiences

out of it.

I got good memories and also bad memories.

And you know, it's never not nice being

with a woman physically and intimately and

romantically.

It does feel good physically and

emotionally, but it just, it doesn't last

forever, mostly in my case anyway.

For some people, maybe it does last

forever if you meet your first love and

then you stay with them for decades, but

that just didn't happen for me.

And yeah, I got some nice experiences and

memories from it all, but those

experiences and memories are not really

helping me right now with my current

problems in life.

So what I'm thinking of is instead of

wasting the money or using the money like

I did to chase women by buying plane

tickets and booking hotels and booking

Airbnbs and paying for premium

subscriptions and memberships on dating

websites, you could have used that money

to invest in yourself, like learning a

course, learning a new skill, getting a

qualification, getting a certification,

studying something so you can start a

business, and that would make you look

more attractive as a man.

And then you would just naturally attract

a woman into your life without you having

to go and chase the woman using your

money.

Instead of putting the money into the

woman or the act of chasing the woman, you

put the money into yourself to make

yourself into a better human being that

can prove that you're financially

independent and you're clever and smart

and stuff, and you've got assets, and then

use that to bring the woman to you.

That's what I should have done instead of

wasting all this money.

Fucking Airbnb.

So as you may know, I got banned on Tinder

and nearly every dating app because I was

stupid and I put a picture of my willy on

my profile picture because I thought it

didn't really matter.

Didn't realize that Match Group owns

nearly all of the dating apps.

So I'm banned on basically everything.

And to be honest, I don't really care.

I actually think it's a good thing because

I don't want to ever have to book a plane

ticket and fly to another country just to

meet some woman I met online.

I don't want to do that ever again because

it was such a waste of time and it was

such a waste of money.

And also, I wasn't even happy.

So I was kind of happy in the beginning

when I meet these women and we fall in

love and everything's great and everything

because it's a honeymoon, honeymoon

period.

But then I get into the relationship and

then I just hate being in the relationship

because it's boring and they nag me and

they control me and I'm broke because I

didn't spend any time trying to invest in

myself.

And then I just get bored being in the

relationship and then it just falls apart.

Because they think, or they realize, I

don't really like them.

And then we break up, and then I'm back to

square one at my mum's house with no money

and no new skills.

So it just feels like a pointless

endeavor, and I think I'm done.

I think I'm finished.

I'm not gonna chase women anymore.

If I am single for the rest of my life,

that's my fault because I didn't improve

as a human being and I didn't become like

a better man.

That can financially support a family.

So obviously no woman's going to be

interested in me.

So in conclusion, I wasted so much money

and time doing all these things that in

the end didn't even matter.

So taxes, lost like $15K because I wasn't

responsible about paying my taxes

properly.

Now I have a spreadsheet that tracks all

of my income and expenses.

Number 2, stock market.

I thought I was a stock market genius and

I was like the next Warren Buffett and I

could never pick anything wrong in the

stock market and everything I chose to

invest in would go up.

And And I lost, I don't know, nearly

£20,000 probably trying to invest in the

stock market.

And then I lost who knows how much money

chasing women, probably nearly £50,000.

So in total, I probably wasted nearly

£100,000 on doing these 3 activities that

in the end didn't result in anything.

I just really wish I could go back in

time, back to 2018, and just redid

everything now that I have this knowledge

and not screw up my finances so badly.