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^I got my first house at 25. I've never paid rent. Ever.
Rent only helps other people get wealthy, and banks, they 'sell' investment packages that will favor them before you.
I didn't watch the video, as I have worked at a Bank before. Its a very simple business to understand, yet so many people are so quick to trust a bank or brand. Hilarious.
Work hard for a short time in your life, and use that money to leverage you out of work, then let the money work for you. Its simple.
To help save myself money, I rent out rooms in my house, and also host exchange students from Japan. Easy $600/mo right there, per student. You help them learn english, they help you learn Japanese while going to school.
Learn to use other peoples money, but don't be a dick about it, remember, you need to provide them with a service of some kind.
Edit: I certainly didn't get into modifying a S13 Chassis until after I had a house and Garage to do it in. Priorities!
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KA-T  ORG-Function over Flush
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