--- title: 'Don''t Do This! These Expenses Are Keeping You Poor (And You Don''t Even Realize It)' source: 'https://youtube.com/watch?v=R5P720BPlik' video_id: 'R5P720BPlik' date: 2026-08-06 duration_sec: 1539 --- # Don't Do This! These Expenses Are Keeping You Poor (And You Don't Even Realize It) > Source: [Don't Do This! These Expenses Are Keeping You Poor (And You Don't Even Realize It)](https://youtube.com/watch?v=R5P720BPlik) ## Summary The video is a personal finance guide for Brazilians, identifying seven common expenses that drain money and keep people poor. The creator uses the metaphor of a cup with holes to explain how small, unnoticed expenses add up, and emphasizes the importance of plugging these leaks while also investing in oneself to increase income. ### Key Points - **Introduction: The Leaky Cup Metaphor** [00:02] — The video opens with the idea that small, unnoticed expenses (like R$5 or R$10) leak from your bank account, and at the end of the month you've lost R$100 without realizing it. The creator uses a cup with holes to represent expenses, and explains that plugging the holes (cutting expenses) helps, but the real solution is to add more water (increase income). - **Expense #1: Credit Card Revolving Debt** [03:11] — The first and most 'violent' expense is credit card revolving debt and minimum payments. The creator explains how a R$1,000 bill can turn into over R$5,000 in debt in less than a year due to high interest. He advises never to pay the minimum and suggests taking a personal loan to pay off the card instead. - **Expense #2: Sports Betting** [06:08] — The second expense is sports betting, which is widespread in Brazil. The creator cites that in the last month, Bolsa Família beneficiaries spent over R$3 million on bets, money that should have gone to food and essentials. He urges viewers to invest in themselves instead of betting. - **Expense #3: Extended Warranties** [09:29] — The third expense is extended warranties on electronics. The creator explains that stores push these warranties as an 'order bump' and that the legal warranty in Brazil is 90 days, but manufacturers usually give one year. He advises declining extended warranties and being aware of sales tactics. - **Expense #4: Mortgage Insurance in Financing** [11:41] — The fourth expense is mortgage insurance (or similar) included in financing for cars, houses, etc. Banks often add this insurance without clear disclosure, costing about 0.3% to 0.5% of the financed amount. The creator suggests that if you have an emergency fund, this insurance is unnecessary. - **Expense #5: Unused Subscriptions** [13:32] — The fifth expense is subscriptions like Netflix, Spotify, Disney+, etc., that people forget to cancel. The creator shares his own experience of paying for Spotify for 4 months without using it, and notes that these small amounts add up to R$300-500 per month. - **Expense #6: Traditional Bank Fees** [16:08] — The sixth expense is monthly fees charged by traditional banks for essential services. The creator explains that these packages are not mandatory and that digital banks (like Nubank) do not charge fees. He notes that Pix transfers are free by law, so paying for them is unnecessary. - **Expense #7: Not Investing in Yourself** [17:43] — The seventh expense is not investing in yourself. The creator encourages spending on self-improvement (courses, appearance, networking) rather than on fleeting pleasures. He argues that knowledge and skills are the best investments, and mentions his own success with TikTok Shop as an example. ### Conclusion The video concludes by urging viewers to take action, plug the leaks in their finances, and invest in themselves to increase income. The creator emphasizes that small changes can lead to significant financial improvement and encourages viewers to subscribe for more content. ## Transcript money, to make more money, if today you're letting a portion of your money slip away, or rather, leak from your bank account to places you ca n't even imagine, or maybe you do know about, but you think it's a small amount, not just R$5, but just R$10 . When the end of the month arrives, you realize you've left over R$100 unused, and you miss it at the end of the month, but you spend it throughout the month without even noticing. I want this video to raise your awareness, so you know exactly where your money is going. Today I realized that if money needs to leave my account, first of all, I'm very stingy, okay? It may not seem like it, but I'm quite stingy. If any money needs to be : "Wow, is this R$100 really that much?" Let's put it here. If I have R$100 in my account, whether it's via Pix or in cash, does that R$100 bill really need to be withdrawn from my account? Sometimes it's not even necessary, sometimes it's a luxury I money needs to go out. Let's say it's an investment, let's say it's for the company, anyway, R$ 100 came out of my account, okay? When will this money be returned? In a month, in 5 months, in a year, two years? I wonder about that. And I still wonder, will that money ever come back? But you ca n't just go back to 100, because there's inflation. This money will lose purchasing power. So I'm going to ask myself this: wow, this 100-dollar bill needs to be taken out of my account. will return in a year. How many children, how many offspring will this note bring me? It will bring me, for example, two more, meaning that with 100 I made R$ 200. really want you to think that way too, okay? But first, let's put on the table what you're spending today that you could save on. But I also want to make you aware that the government knows exactly where your salary goes even before it's deposited, and sometimes even you don't know. Basically, these are expenses that most people in Brazil have today, and that's what's leaving you with less money, okay? So basically, it's not the money you're letting slip away that's making you poor, but rather that because you don't see mindset to even make more money. Guys, I want you to understand one have much knowledge, receives only a minimum wage; let's say they have a glass of water. This person has a cup, and let's say this cup has several holes. Each of these holes represents an expense for the person . So, let's say it's a weekend snack person can make a snack at home, but prefers to buy it outside. That's where example, where she didn't pay and only paid the minimum, so she's just paying interest. She only watches Netflix twice a month. So when you add it all up at the a month. So when you add it all up at the end of the month, it comes to a decent amount, and the glass tends to get smaller, it tends to empty. Let's say it's only half finished. You think you're poor, you think, "Wow, I'm broke, I'm penniless," right? But basically, to stop being poor, you can indeed plug the holes. Your glass will contain a little more water. But the right thing to do is to find ways to put more water in that glass, you understand? A wealthy person has a glasses of wine, you understand? No, only one. So, basically, that's it. And I want you to understand that the number one thing that can be eating up your money is credit card revolving debt and that damn minimum payment on your card. And place because it's the most violent on the list, okay? You know when you're late on your never been late, I'll explain how it works. Let's say he's there with a bill of R$ 1,000 for you to pay. You spent the R$1,000, you went there and didn't pay the R$1,000, even though the R$1,000 was precisely the bill. The bank is coming, Bradesco, Santander, Itaú, No Bank, or any bank, okay? He comes and offers it to you, 1,000, no problem. We don't want to lose you as a customer. Look how cool we are. I'm going to give you the option to pay the minimum installment, let's say you only pay R$ 50. You 'll be able to pay your credit card bill in installments, meaning you won't compromise your credit card; you'll be able to easily pay your bill by only paying the minimum amount. So, basically , if the big bank were ours, it would be , if the big bank were ours, it would be wonderful, let's say 20 installments of R$ 50. But what happens? The big bank is smart, it's not stupid, okay? Actually, you're the fool. He 'll let you pay for it in installments, let's say in 'll let you pay for it in installments, let's say in 40 or even 60 payments. That's the thing, that's the point, it never has an exact value. Why? You'll be paying so much interest that you'll reach a point where you'll only be paying the minimum installments, just the credit card interest . And what's worse, if you don't pay the you do this, okay? Never pay the minimum. I can even bring situation like that. My credit card went into revolving credit, what do I do now? Because a credit card a trap for those who don't know how to use it. People use it, they don't pay, and then in less than a year that $ 1,000 bill can turn into more than $5,000 in debt. And I want you to understand that the credit card is not the villain. The villain is you, wanting to use your balance, your credit card limit, as available funds. Ah, if I have a limit of 5,000, then I have R$ 5,000 in my account. And that's not how it is. For those credit card, you've paid with the credit card; you haven't paid R$1 yourself. In fact, it was your bank that paid you. Whether you paid the store or the company you're buying ice cream from, or you paid in installments on Amazon, your bank is paying you, and at the end of the month you pay your bank back. If you don't pay, your bank charges interest. That 's basically it. It's much more worthwhile to take out a personal loan to pay off your credit card and then repay the loan monthly, rather than just paying the minimum on your credit card. It's a matter of mindset, okay? That's what I want to improve here channel. I didn't create this channel for fun or to talk to just any kind of person. I made this to talk to you, someone who really knows what they want from life, but sometimes feels lost, okay? And that's the thing. Many people manage to deceive you, they manage to take your money precisely by preying on your pain. And that's where number two on our list comes in: those damned bets. Unfortunately, gambling is everywhere these days , right? If you watch the football game, Bet is right there in front of you . If you watch any TV program, wow, there's a betting ad in the middle of it . Bet, for those who don't know, is a betting house, a sports betting site, and this crap here is useless. And again, I know, I believe, and I repeat, the home team always wins. It's no use, don't tell me you're only going to put R$80 or R$30 there, because wow, it 's only 30, I know I'll lose some, but it wo n't make a difference. So don't put in those 30, those 80 is already the monthly fee for Netflix or a gym membership, for example. That's what's making the whole of Brazil poor, and nobody wants to admit it. I really wish this were a lie, but in the last month alone, families receiving Bolsa Família benefits have spent over R$ 3 million on bets, on sports betting websites. These are precisely the people who have no income, no job, that's why they receive Bolsa Família (a Brazilian social welfare program), and they want more, they want to have money to live on, because, in the end, for a good family, the minimum wage is only enough to survive. These people are practically destitute, they are begging for help, for assistance. Sometimes families have two, three, or four children. I have a young child at home, and I can imagine the suffering it must be for a single mother, especially one who can't work and at the same time has to deal with a child, a house, and herself, because sometimes the Basically, this Bolsa Família benefit, if you want, I can make That's also a thing, well, I'm not going to say anything, if you want, I can bring a video here. These are for people who really don't have a very good income, specifically so they can afford food, pay for gas, buy groceries, eat, and at least manage to survive . And these people use this money instead of eating, they also use it to buy iPhones, they use it, in short, for other things, but also for gambling. And man, this is something so... I don't even know how to describe it. If betting sites in just 30 days made R$ 3 million more from Bolsa Família beneficiaries alone, imagine how many people went hungry that month. Many betting sites exploit people's pain points, but many also promise that you will receive money, meaning you will earn money without any effort, basically by betting on football teams and so on. The opposite of what is called dignified work. Many people today sell betting, sell betting houses as a hobby, thinking it seems like luck, extra income and all that, and they take advantage precisely when people need it, which is usually people in a state of misery or people who are close to a state of misery, right? People who just want to survive end up putting that money into betting. Man, I really wish this video of mine reached those people. Please invest in yourself. Whether it's getting your hair done, your haircut if you're a man, invest in yourself and buy some nice clothes. Wow, why not? Better than betting, anything is better than betting. If I'm managing to open your mind, if I'm managing to give you insights here, man, subscribe to the channel. That's all there is here. These videos will help you happening to you, and how you can the video provides, okay? So I'm really asking you to subscribe to this channel, because that's the only way you'll receive the videos I'm posting here for free. Is it closed? The third item that 's draining your money is the extended warranty. You know when you go to buy a TV, whether at Americanas, Cas Bahia, or even the corner store on your street, and the salesperson asks: "Hey, how's it going ? The TV cost R$2,000. Do you want to add an extended warranty so that if something falls, burns out, the warranty covers it?" You want it on impulse, since you're already buying it, you're more likely to buy that warranty. We call this an order bump, okay? Basically, you sell one product and you can add other cheaper products for the person to buy along with it. That 's basically it. And why does it sell so much? Because the salesperson doesn't say: "Look, your R$2,000 TV already comes with the factory warranty." And then we can add an extra warranty. The store never says that. The store always says: to guarantee that anything that happens to the TV, whether it breaks, burns out, or something else, will be covered?" "Can you fix it, can the warranty cover it?" Do you want it? That's the question he asks. And you're already there with your card in hand, looking at the machine and already swiping it. The TV costs 2,000, the extended warranty costs 500. That 's about a quarter of the TV's value, practically for nothing. The warranty here in Brazil, the legal warranty here in Brazil for durable goods is 90 days. A TV doesn't usually have problems in 90 days, but that's why stores , manufacturers actually, already give a minimum one-year warranty, okay? If you buy any appliance, at least one year warranty. But what or two of warranty, which is what happens most of the time, is that you don't even remember you have a warranty. Sometimes many people buy extended warranties, don't know it's an extended warranty, and need to use it, and could even use it, but they don't because they don't know, because they bought it without knowing. So, next time you buy something, don't He's a real character, he doesn't buy just anything and doesn't let them push things on him. He pays attention to what the salesperson is saying, okay? Because he earns commission. So, if he sells a TV, he'll earn X. If he sells a TV with an extended warranty, he'll earn X plus a percentage, something small. So he's eager to skip over here, because it's something that's not for everyone. This item number four affects people who are going to finance a car, a house, a motorcycle, in short, that kind of thing, larger purchases , okay? It's basically the mortgage insurance that's already included in your financing. Basically, you don't choose to pay for it, it's your choice. But the bank doesn't let you. When you finance a house, they already push the mortgage insurance there and make you sign it, and you sign because you're eager to have your car, your house, your motorcycle, you end up signing. Basically, this insurance is for when you die, become disabled, or lose your job, that is, Or unemployment, anyway, there are clauses there, each contract has its own clause. Basically, this insurance pays off your debt. This insurance itself isn't a crime, there's nothing wrong with it. What's wrong is that it comes without you paying attention. So, many times, names here to avoid a lawsuit—but many stores don't talk about this insurance and push it into the financing, and that's it. You sign, and paying for it. It usually costs between 0.3% and 0.5% of the amount you want to finance. So, just so you understand, in a R$50,000 loan, R$1,000 over 60 months, which is a very low amount. People usually don't even finance that much; they tend to finance from R$70,000 or R$ 80,000. With this insurance, you end up paying around R$2,300, which will only go from your account to the bank, and that's it. This amount is diluted across those installments. Basically, an invisible amount, you know? In a way... The system likes this. And I really want you to open your eyes to it. A tip, okay? If you emergency fund, that's already covered. There's no need for you to twice so that if something happens , you're insured. It's not worth it. So you see how it's an expense you sometimes pay for that you don't need. Item number five, and here I'm going to get everyone, because these are subscriptions that everyone has but nobody uses. Netflix, Amazon Prime, Disney Plus, Global Play, Spotify, Disney+, YouTube Premium, and, man, several others that you put your credit card on. You wanted to use them once, for example, I don't like Spotify that much, I use YouTube Premium more, but I paid for Spotify once to test it, also because I'm quite curious, I like to venture into the internet apps, but I put my card there, I logged in, man, I think I did n't use it for a week and then, oh, I'll go back to my YouTube Music and then I went back to... remove my card from there. When I went to check, I had paid for 4 months of Spotify without even opening the app, without even having the app. Then I went there, you know, after canceled my subscription there. Spotify, let's say it was R$30. Global Play, which is another streaming subscription, let's say it only costs R$50. So that's what? R$80. Most people see: "Oh, Spotify is R$30 per month, oh, it's R$1 per day." "What makes the difference?" Then you see Global Play, oh, the difference?" Then you see Global Play, oh, R$50, oh, almost R$50 a day, right? It won't make a difference. When you add that up at the end of the month, 50 + 30 + 20 + 10 that up at the end of the month, 50 + 30 + 20 + 10 + 70, man, it's more than R$300, R$500 in subscriptions, in streaming services you don't use. For a long time, I had my PlayStation 5 subscribed to the PlayStation Store , without even opening it, without even consuming my card, because one day I bought my PlayStation 5, I saw that, wow, it doesn't come with any games, there are no game discs, like there were on the PS2, for great, and I would even have to buy the games. I subscribed there, which is basically a Netflix for games. I subscribed, well, I liked one, I liked family, I don't have much time to play. And then I I stopped paying. That was the mistake. then when I realized, I'd paid for several months without even turning on the video game. I came how much I paid, man. And look at the rip-off, bro. One month costs R$ 86. I'm playing, I have more time to play. And I spent, I think, three or four months subscribing, paying, without even turning on the video game. So, look at how much Look at how much money left my account for nothing. So you understand that these are the expenses that can prevent you from having dinner one night, from buying that course you want to buy online, or even getting your hair done, okay? And along with that comes number six, which is basically the fee from the traditional big bank. If you're not very internet savvy, you probably understand that every time we create an account at a new bank, a bank that n't know us either, at first. They put a package on your account that they usually call an essential services package , something like that, which is basically what? Services like Pix, transfers, DOC, TED, ATM withdrawals , that kind of thing we can already do. They usually charge between R$30 and R$100, R$90, R$90 and a few more, just to have the basics, just to have the essential bank services. But what many people don't know is that this package isn't mandatory. You can continue having an account at your bank without having to pay for this package. Most people today, all of Brazil actually, use Pix, and by law, no bank can charge you for making a Pix transfer, a Pix transfer for individuals, okay? And basically, digital accounts from digital banks, that is, no-bank accounts, this type of bank that doesn't have a physical branch, they don't charge a monthly fee. Zero. Do you know why people pay? It's not because, oh, It's cheap, oh, that's it. No, because you 're already used to it. Unfortunately, people . And they keep paying. They don't want to know why this is happening or if I can lower this cost or not. If you pay R$35, which is the minimum I think the bank charges for this type of package, if you pay that amount per month, that's already more than R$420 per year that you're giving to the bank. The bank isn't doing anything, you're giving them money. And number seven is: you don't invest in yourself. Many people take the money and go to a club, go to a party, go on a trip. And travel is the only exception here that I find buying an experience. Basically, that's it. You're buying a ticket, you're buying an experience, memories, souvenirs that you'll never forget. Whether it's you, your child, your spouse, the person you're taking on this trip, they'll basically also be part of the experience. So, what is investing in yourself? Physically, okay? Literally invest in yourself. So, get your hair cut at a good hairdresser, for example. Buy nice clothes, because that will improve your self-esteem. Connect with good people. It's no use wanting to be like, " Thiago Fint, I want to be, wow, the guy who understands business." But then you're surrounded by people who earn minimum wage. And it's not the money, okay? Let's make that So, the person who earns more, most of the time, okay? They just want to survive, they just want to do the basics , make rice and beans. And that's it. They're perfectly happy living their life, whether it's on a farm or doing what they already do, if they see themselves retiring like that. That's the danger. Many people who pay, or rather, many people who receive pay, or rather, many people who receive a salary, pay into social security, pay into unions, pay into social security. Basically, that's what, unfortunately , social security and retirement are all about—it's a big pyramid scheme. You give money to the government, and when it comes to retirement, you get what you deserve. It's your turn to receive, and you receive crumbs. I could make a video here just explaining how the INSS (Brazilian Social Security Institute) works, how retirement and social security work here in Brazil, which, man, is a mess, okay? It's going to collapse at any moment, okay? I wouldn't doubt it for a second. My through the INSS, even if he wanted to, because it will collapse by then. I really want you not to depend on the government. You have to do your own thing. Unfortunately, the government do your own thing. Unfortunately, the government imposes taxes, imposes fees, man, does everything money as possible. Even the betting I mentioned at the beginning, betting is a disgrace. mentioned at the beginning, betting is a disgrace. Betting kills people, betting ruins families. It emerged in a way that was, let's say, illegal, clandestine, I don't because it was on a Maltese island, anyway, I can explain that later. The government came and said: "No, you can't, this is prohibited, but if..." "Bet pay me a few million here, then it's okay, then it's legal." Do you understand how bad this system is? You can't depend on the system. When I say politicians, the mayor, society, the president who's in Brazil today, it doesn't own thing. And that's why I put point seven here for you to invest in yourself and also invest in knowledge. When I'm telling you to When I'm telling you to save money and put it into yourself, for you to gain knowledge. So, if you want to pass a civil service exam, focus on the exam. That money that will be left over every month, 30, 40, 50, 100, 200, 300, 500, I don't know how much will be left over in your case, I even want you to comment think that nothing will be left over, but they put it on paper and R$ 200 is left over every month. Look, the money appeared, no, you just He plugged the holes in the cup, you know? So, basically, take that money and don't go buying a snack just because you deserve it, man. Invest in yourself. What are you doing there? 20 years old, 25. you don't have kids, that's the time to really take risks. If you're a salaried employee, take risks. Move out of your parents' house, make your own money. When you're 40, 50 and think: "Damn, why didn't I do that?" "Why didn't I take the risk sooner?" That's basically it. And you'll regret it. So, what I'm knowledge, okay? Whether it's buying my course, buying someone else's course , or buying lessons, which is basically buying case, I have three and a half years, maybe a little more, of knowledge about TikTok Shop, okay? So, I ran TikTok Shop abroad, I taught thousands of people here in Brazil how to . But TikTok Shop launched here in Brazil, it became much simpler, much easier. And I basically migrated my operation from there to here. And the result was even better, astronomical. Basically, with just a have, with an app you already have, which is TikTok, I can make money selling products I don't even own, okay? For example, if I have , I don't need to own it. Here it is in my hands. I don't need to have it here in my hands, okay? Basically, I take it, I affiliate myself with TikTok Shop, the person who is the seller will receive their commission. TikTok, the company, the app will also receive a commission, and so will I. Everyone will be happy. Except for the customer who bought the product, who will also be happy. So the game is fair. Do you understand that the game is fair? Nobody is going to, wow, take their own life because they bought a controller and regretted it. No, unlike you to learn this, for example, which is how to do TikTok Shop even without showing your face. There are many people who don't show their faces out of shyness, precisely because they are highly recommend here on the channel, which gives you access to various artificial intelligences, which allows you to generate models in a completely unlimited way, okay? I'll even show you some examples that my students usually make. Look, they are basically these videos here. Basically, it's a woman be a POV video, okay? Without showing anyone. This type of video here. That pointed down here at the end? Why? People watch this video on their phones, usually women watch the video, like the clothes, like the product she 's recommending, and they click on the orange shopping cart on TikTok itself. And if I click on that orange cart and buy the product, then basically the owner of this profile is making a lot of money with these videos within TikTok Shop, okay? All this without showing their face, without appearing, without showing their face. So, just so you understand how powerful this market is, look here, in one of my accounts, I made over R$11,000 in just the last 7 days. Look, it's not a screenshot, okay? In the last 7 days within TikTok willing to teach you, okay? There's even a tool I mentioned a few artificial intelligence that I use to generate these videos, videos like this one, completely unlimited, okay? A to it in the pinned comment. Okay? Don't worry. Inside, you'll get access to training that I'm part of, where I teach you how to use these tools will put money in your pocket, okay? I don't want you to believe me to the tool and I'm going to get rich." Wow, I'm going to buy this tool today and you received, like this one, 11,000 in 7 days. No, but this can change your life a lot, okay? A lot, just like it changed mine, okay? When I discovered TikTok Shop abroad, I met a lot of people, I built a really great network, money overseas. For those who don't know, TikTok Shop arrived in Brazil in know, TikTok Shop arrived in Brazil in 2025, but it had been in the United States since 2023, and I was there working, selling products and talking to people. Man, it's incredibly simple to earn an income with TikTok Shop today example, to create... On this YouTube channel, I have to show my ugly face here. But to get started with TikTok Shop, you don't need to, you know? below. Click on the first link in the pinned comment, just so you can check it out, okay? Then go to my Instagram and tell me how you can help the tool. What I want you to do is take action. You can't just stay here, like, "Oh, in the comments, 'Oh, will it work?' try, but try in silence. Because many people want to see your success, but many more people want to see you do well, but never better than them. So, man, do your thing quietly, okay? And don't forget to subscribe to the channel to always receive videos like this, okay? Videos that give like this, okay? Videos that give your mind a jolt.