What's one tip you've used to save money? 🤍 Also, this video was inspired by my lovely friend Sarah from Abundantly Minimal. If you’re looking for more ways to save, check out her video! » Sarah’s video: th-cam.com/video/oMwW46V3s5s/w-d-xo.html
My best money saving tip is don’t have kids. We have two and we love them and don’t regret having kids but they cost money to keep lol we saved much easier and much more before we had kids. I suppose to a lesser degree I would say don’t have a pet either.
I don't pay for any streaming services! Not even Hulu or AppleTV+! I use Kanopy through the LA County library, IMDBTV, and Hoopla through the LA County, and TH-cam for entertainment
Being smart with housing choices can save a person thousands of dollars. We chose to stay in an apartment where the rental fee is lower, it's closer to work, and we renewed the lease rather than moving. The cost saved just by renewing the lease and not having to pay associated moving fees was over $4,000.
1. Sell what you no longer use/need 2. Save first 3. Wait 24 hours before making a purchase 4. Increase your income 5. Own only one item 6. Cook instead of eating out 7. Be conscious of the utilities you use i.e turn electricals and water off when not in use 8. Create + stick to a budget 9. Buy second hand 10. Eliminate unused subscription services 11. Get a side hustle 12. Save on entertainment 13. Wait to upgrade 14. Go down to one car 15. Invest in quality 16. Shop smarter 17. Limit alcohol purchases 18. Use shopping lists 19. Don't carry debt 20. Limit coffee shops 21. Track your spending 22. Use items fully 23. Stop shopping sales 24. Nature related travel 25. Share virtual entertainment
Ok this tip is definitely not for everyone, but if you can, start early!!! I’m 23 and have been saving at lease $400 a month from my paycheck since I was 15. I also recommend if you can, live with your parents as long as possible. When you do move out, get a couple roommates to split the cost of living. When you’re young, you don’t need a massive space to yourself!
I love this. My fiance and I brought a home and have roommates even after marriage. We can afford the monthly mortgage but we don't need the extra 2 bedrooms!
Very useful tip. I’m 24 and just now moving out of my parents home and people ask me why I lived with them for so long but I’ve saved thousands and started my own successful business since I don’t pay bills or rent
Tracking your spending really is eye opening. I thought I had a good handle on my money but when I actually created a budget and tracked my spending I saw how much I wasted on unnecessary purchases.
I use the every dollar app.. best thing I ever did...makes you realize how much you actually have left over each month and can get transferred right into savings account
i'm 17 and i save all my money bc i don't have to paid anything, i live with my family and they give me all what i need, i've been working for like 2 years and i have saved a considerable amount of money, that makes me very happy! My dream is buy a house and renovate then rent it, save more money from my job and of the house rental and do the same until I have my real estate business :) ~ i'm sorry, english is not my first language but i can understand most, i love spend my time watching this kind of videos, they motivate me!
Stop free loading off your Parents. It’s not fair to them!!! Even if they say it is OK, you are not doing the right thing by freeloading off others. You trick yourself into thinking you are self reliant.
@@janiekcarney5482 I think that is an American thing, wanting to throw out the children as soon as they reach the age of majority, in my country it is common for children to live with their parents even though they are 30+ years old, I just turned 18 and wanted to move and my Mom threatened to call the police because she didn't want me to go lol even though they can't do anything, I have also tried to contribute money to the house but they get angry because for them if 'you have children it is your responsibility', so I also clean the house to contribute something and buy food, my parents are fine with this so my mind is calm.
I’m 49 my husband 54, we are both retired with over $4 million in net worth. Currently I’m living smart and frugal with our money. Saving and investing lifestyle made it possible for us this early.
Please please please please do not move out of your family home without substantial savings. It's the fastest way to end up in debt. I moved into my own place at 17 and I regret it as I ended up in serious debt over the years. If you can, stay home, work and save :)
@Stacie Bee Definitely. We all know that renting is expensive but you don't quite realise it until you're doing it. I'm not sure how it works elsewhere but in the UK you have to account for a substantial rental deposit, tenancy fees and until recently you also had to pay a couple hundred per person for referencing fees. You then have the cost of the rent, council tax and utilities. You also have to account for moving costs, furniture, etc. If you end up with a bad landlord then you'll see yourself moving often. I've practically moved every year in the last 8 years because of landlords increasing rent, failing to maintain the property or deciding to sell just as I'd settled in. I definitely recommend staying at home for as long as you can. If you can't stay at home for whatever reason then I'd recommend either finding a live-in job that provides free accommodation or converting a van to live in. I'm determined not to let my future kids be in a position where they have to rent!
Whats crazy is i've lived my whole life based on your tips. Growing up with my single mom, 3 brothers and sister we had to make everything stretch just to get by. When you have no other choice but to use everything to the full, only have 7-8 outfits for school, one pair of shoes that lasted 2 years, ONLY home cooked meals basically nothing fancy. Growing up like this really makes you appreciate little things and how far they can go. One of the best feelings now as an adult is going to the grocery and spoiling myself with foods i've never had. I'm humble for everything that's happened in my life and i wish more people would follow a lifestyle like this. I promise you'll still be happy with what you have just make the sacrifices. Great Video!
I grew up like this as well. It definitely kept me humble and makes me realize money can be saved, pennies can be pinched, and most things can be stretched.
We paid off $70k in student and vehicle debt using a variety of tactics: the snowball method, having one car, not shopping as much and buying second hand, not eating out very often, selling a few things, and planning out the year's budget in advance, in combination with also gradually increasing our income through promotions/raises at work. Now we are debt-free and saving up for a down payment on a house using the same strategy.
I am 19 and started working november of 2019. Now while in quarantine I looked back and saw that I did not have any money saved even though I worked for 8 months already! I did not purchased like a car or new cellphone in which the majority of the money could go to. So all I did was to spend my money on things that nowadays do not bring me any sense of achievement or acquisition. Loved the video and I will definitely put them to work! Thank you ❤
Ynae Dias hey there. Don’t beat yourself up for that! You realized what you need to do now - put that knowledge to work. Make sure you treat yourself now and then so you don’t go crazy like a shopping spree and find yourself back in the state of “how did that happen?” You got this! 👍🏻😎
I also think it’s okay to treat yourself when you start work. I knew, when I started my first job, that actually paid a decent amount, that I was excited to just go and spend MY Money, wherever I felt and wanted... the best time to start saving(besides the past) is now! You got this!
I agree!! Growing up I would drink so much soda and juice it was terrible! When I went off to college I switched to only water and I saved myself so much money! On top of that you feel so much better ☺️
We always just donate; I don't want to deal with the headache of selling. Also, once I buy something, in accounting terms it's already a 'sunk cost' so donating it feels better than trying to sell.
yeah i like how the poster stays away from being judgmental and makes it just a suggestion. We donate because it's too taxing on us to haggle and meet strangers from the internet etc for the money...plus my karma feels better and I do less guilt or depression shopping
Whenever I hear someone say that you should invest in quality to save money in the long run, I think of something my great grandfather apparently used to say: We can’t afford to buy junk. This is more true than ever. For the sake of our minds, the environment, our future.
Thank you. I realized that my family applied almost all of your tips (and we don't drink alcohol). Thanks to my parents, I've got such an abundantly minimal lifestyle. 🥰
1. SELL WHAT YOU DON’T NEED 2. SAVE FIRST 3. WAIT 24 HOURS BEFORE BUYING SOMETHING 4. INCREASE YOUR INCOME 5. OWN ONLY ONE 6. COOK YOUR OWN FOOD 7. BE CONSCIOUS OF YOUR UTILITIES USE 8. CREATE A BUDGET + STICK TO IT 9. BUY SECONDHAND OR DIY 10. ELIMINATE UNUSED SUBSCRIPTIONS SERVICES 11. GET A SIDE HUSTLE 12. SAVE ON ENTERTAINMENT 13. WAIT TO UPGRADE 14. GO DOWN TO ONE CAR 15. BUY LESS, BUT BUY QUALITY 16. SHOPPING SMARTER 17. LIMIT ALCOHOL PURCHASES 18. USE SHOPPING LISTS 19. DON’T CARRY DEBT 20. LIMIT COFFEE SHOP VISITS 21. TRACK YOUR SPENDING 22. USE ITEMS FULLY 23. STOP SHOPPING SALES 24. CHOOSE NATURE-RELATED VACATIONS 25. SHARE VIRTUAL ENTERTAINMENT Excellent tips!
Omg yes!!! My mom overuses those things and she usually rebuys them every month while my stuff last so much longer especially shampoo I never use a big amount and that way it lasts me 3-4months
Joined the Navy at 18 with 7k in the bank. I did janitorial and smoked a lot of pot in high school. Left the Navy after months with 32k in the bank. Invested 29k in the S&P in late 90. Started working at UPS, Exide Battery and did concrete on Saturdays. Invested 1k a month every month into it, Cashed out 250k from the S&P and invested with my Financial advisor Lucy Maria Koss. Cashed out and Semi retired at 31. Took a year off. Traveled. Came home and started working part time for the insurance, entertainment and pocket change. Work isn't work when you don't have to work. Becoming wealthy can be done in few years. It feels like 60hr work weeks. Feel the pain of discipline early or feel the pain of regret later. I wish everyone well!
Love your tips. I've been doing almost all of these and the results are amazing and so worth it . My family is completely debt free (house too and $ saved for my kids college). Three tips I would suggest have really helped my family, 1. shop off season (bought my kids clothing for the next season for little to nothing, 2. Food inventory sheet (I update this monthly so that when I grocery shop I only buy what I need, this decreased my grocery bill by 75 to 100 a week for a family of 5 and 3. Meal planning for the week. Eating out was a celebration mostly. Young lady you have a new subscriber here and I will be telling folks about you!!!!
My husband and I have been able to save/invest about 65% of our income. We follow pretty much all of these ways to save. By being minimalist and intentional we've been able to do this.
I really like the grocery tip. I’d like to add how much of a lifesaver grocery pickup is! Even though they may have to substitute items sometimes- you truly only purchase exactly what you intend to buy. 🙌🙌
Don't be put off by the amount in the title. Start small and it will start adding up. The key is to be disciplined, be patient and stay positive. Also when you do feel like treating yourself, don't splurge and undo all your hard work. Shop around, I needed a new raincoat, found one I liked, then had a little search online and found it 1/2 the price on a different web site. Also there are separate things to save for like birthdays and Christmas. I find that by allotting a certain amount separately each month really helps me to stay within a budget. Some months will spend more and others none so it usually balances out in the end. I work out how many people I'm buying for in the year, what I'd spend then divide that amount by 12. It's not perfect but it sure makes it easier for me.
Tip 1. Pay cash for your house or pay it off early. I crunched the numbers and on a 100k dollar home you will pay between 90k to 100k in interest alone in 30 years, that's over 3000 dollars a year you are just throwing away to mega banks!
I watch her videos whenever I want to relax. They’re so calm and soothing. Love you Ashlynn 💖 I’m trying to transition to minimalism but it’s hard to do...especially as a student. But you always give me the motivation to relax and take breaks and de clutter. 💕
Aww I’m so glad these video help inspire and motivate you! Don’t worry if things don’t happen overnight, change takes time! Even small changes can make a big difference in the long run 🤍
My number one spender is eating out, me and my husband enjoy trying new things so much that it gets out of control quickly. But we are working on gradually reducing it.
After a terrible 2022, shell-shocked financial backers have a lot to think about and losses to recover from. An expansion report and a wealth of other data did little to alter assumptions that the Central bank would likely keep raising interest rates regardless of whether the economy slows down. This implies that portfolios will experience more losses during the first quarter of 2023. I'm currently at a crossroads deciding whether to exchange my $250k security/stock portfolio; how might the continuous market volatility work to my advantage?
Concentrate on two main objectives. First and foremost, keep yourself safe by knowing when to sell stocks to reduce losses and maximize gains. Second, prepare yourself to gain from a market turnaround. I advise you to seek the advice of a representative or financial counselor
@@GabrielPitchford In fact, ever since Coronavirus, I've been in regular communication with financial examiners. Nowadays, buying moving stocks is quite easy; the trick is knowing when to buy and when to sell. The section and leave orders for my portfolio are made by my counsel. accumulated more than $550,000 from a $150,000 savings that was initially stale.
@@GabrielPitchford She is MARTHA ALONSO HARA, my consultant. Since then, she has devoted section and leave attention to safeguards that I have been keeping an eye out for. You can locate information about the chief online, on the off chance that you're interested. I made no regrets about substantially adhering to their exchange strategy.
@@ThomasWilliam-sw8ms sincerely thank you I looked her up on the internet and was awestruck by how qualified she was; I contacted her since I need all the help I can get with canning. I've just scheduled a call.
Great video! I started budgeting in March and have saved over £2,000 already (as a student living in London!). The biggest game changer has being paying myself first, like your second/third tip!
I totally agree with travelling in nature instead of cities! I've roadtripped the country and mostly car camped and occasionally paid for a campsite for over a month on two separate occasions. 5 weeks of travel costed about $2,500, and we went to every state in the west and every national park, and most of the national forests.
Since lockdown I have mastered two tips that she mentioned here before seeing this video. Try owning only one of a product and use to the max what you have. From nail polish, to hair and body products I have several. Yet I want to purchase another brand. With this unemployment I said stop buying and clean out your storage using everything to the max. It is not easy since there are other colors or qualities that you may want. But I am determined to make most of my stock work for me. And that includes eating the majority or all of the food in my home first before I buy more. Also making sure that I eat before grocery shopping.
Truth! I am a recovering hoarder, so have way more than 1 of thousands of things. A few months ago, I had to tally up how many black skirts and black dresses I actually own. My particular dilemma of not knowing how many black skirts and black dresses I actually own is because I had 3 homes. One on the East Coast of the USA, and one on the West Coast, and one in the country of Qatar. Naturally when you're flying between homes, one tends to simply purchase more of the things they use or need instead of carrying things with them everytime they visit their homes. Since I wanted to be sure I had everything I needed or used in every location, I simply purchased an few for that home. I actually have over 25 black skirts and black dresses. Things changed up a bit for me and I was able to get ride of my West Coast property in 2018. I gave away or sold what I didn't need or want and moved everything else to my bonus room in the basement of my East Coast property. I freed up that monthly mortgage payment, as well as the payments for those utility bills. I also went on a NO SHOPPING FOR CLOTHING CAMPAIGN...LOL! I honestly don't need to purchase another single thing, so have been diligent in my efforts to cease needless spending and utilize more of what I already own. Since I live 10 months out of the year in the Middle East, I just switch up clothing from my own closets whenever I'm back stateside. Jewellery (especially costume jewellery) is another area I don't need another piece of...LOL I literally have enough jewellery to fill a small closet, so have been very intentional of not spending money on these things. I've also been slowly going through what I do own and am giving pieces or sets away to friends or to their children. I never had kids, so when you're a working professional with a fairly decent salary, you find that you spend way too much on yourself and discover some 20 years later, that you just have way more than you'll ever need. The pandemic situation going on right now also allowed me to save money on nail and hair salon services. Since these places were closed anyway, I used those funds towards paying down debt or just simply saved it.
Hi Ashlynne! A couple of tricks I do to save money is when I am almost out of tooth paste, I will cut the tube in half and scrape out whatever is left in both ends. Also when I am almost out of face wash, shampoo or conditioner, I will just fill it half way with water and shake it up so I can get as much out of the bottle as I can! Just wanted to share that! Hope you are doing well!😀🙂🙂👋🛁💰
Thrift stores are AMAZING. I’ve stopped buying brand new clothes. You can get jeans and vintage furs from $1-$5, I save so much from going to goodwill bins, half off Wednesday’s at the Salvation Army, and discount days at Value Village
Yep. I have a great second hand store. I do buy underwear , shoes and socks first hand , but everything else.is second hand.I don’t care what everyone else is wearing.I am very comfortable with my own style. I am 56 and still weigh 110 lbs so fitness at home helps too.I would never go to a gym. Plus I cook healthy stuff at home. No restaurants for me.
My boyfriend and I (well actually only myself at first) are moving to Charlotte in about a month and I don’t know anyone or know the area at all and I’m so happy you mentioned Charlotte on the cheap, now I’m excited and feel like I’ll have things I know I can go do. Thanks for sharing!!!
Such great timing, Ashlynne. I don't live in North America but these tips are timeless and can still apply anyway. I have been thinking about this for a few days now and it crazily includes things you have mentioned. Would love more content on finances. Love from East Africa
I wait a long time to buy things since I’m still in college and I need to save my money for personal expenses, not discretionary ones. It makes a big difference because I am saving much more now that I don’t give into impulse purchases and only buy what I need.
I have a journal that I track every penny I've spent so I hold myself accountable. Minimalism has helped me have time to start a business too so I'm saving money while making money.
That's amazing I can't believe you saved $50,000!!! I've had some people ask me for help with social media after they watching me start my youtube channel and I think that's a great way to start getting some cash coming in as well. Great video and great tips thanks so much for sharing with us!!!
Love this video! So critical for me right now as I'm trying to do a no spend 6mths 😬 I just downloaded a money managing app to monitor spending and wow, my mind was blown. It's funny how we reason some household items that are "needed" when really we could have happily lasted without. However, for me, saving first is the ULTIMATE tip here! You can think and wait on more stuff with this tip. For me, I normally want to hit a certain point in my savings that month and I rather see that grow than collect more objects or buy more expensive food for eg. Also make sure to spend that money on your life that matters to you so you feel fulfilled 💗
Nice content! I think the best way to save money is by investing it, With this you got an extra advantage as your money invested would raise you more revenue rather than it just laying low someplace.
This really sounds good, I have some good savings just laying low. I'd love the idea of getting more out of it rather than letting it leaving it out there. I would appreciate more investment advise, Thanks for this.
Nice to see someone who also thinks 2 steps ahead, I can't really give you much to hold on to but you should understand that the market has been on for ages and is very liquidated so you need to be able to find the best strategy that suits your needs and also be attentive to technical analysis, Better still i'd say you reach out to an investment advisor that'd be better cuz with their experience and knowledge they'd be able to navigate the market in your favor so as to raise you high revenues.
@@MuhammadAhmad-kt4st I know close to nothing on this, would do some research tho. but would you mind pointing me in the right direction as to identify an IA i can work with.
I would recommend Lorna Rose Sabbia, she's a reputable IA, Her work speaks for itself. came cross her the first time on Business insider my aunt who's worked with her months back also spoke so highly of her, Still trying to raise fund so i could get started with her tho but i can tell you she's the real deal. you can connect with her on teIegram @ tradewith_lorna
Absolutely spot on advise there Viktor, I thinks this is same as having your savings in the bank but with investing you get a better interest rate or rather earn a more lucrative revenue.
Wow! Excellent list, sis! The "wait 24 hours before buying" is small but EFFECTIVE! I was going to buy $60 worth of Bath and Body Works products but waited until the next day and realized it would not be good for my savings!
My 401k gets 15% of my Gross pay, which really helps with taxes and increases in investments. Then, i set aside another 20% into a savings account which i have for over 6 months of emergency expenses. Then the rest pays for my rent and food and insurance.
I just discovered your channel and I am HOOKED! This is exactly the type of content I strive to create myself one day. Your aesthetic and filmmaking are stunning ❤️
I can relate to this! But in the end, I did meet my long term bf and all my amazing, close friends at my school. If I were to have to make the decision again, I wouldn't change a thing. I'm being smart with my money now, so I can pay off my debt quickly.
Trading my online shopping habit for my goal of becoming a great cook has not only saved me money through less shopping, but it's decreased my craving for restaurant food, because I'm beginning to be able to create really satisfying, delicious meals!
We have an automatic transfer into our savings account each month that we include in our budget, almost like it’s a “bill” that we pay to ourselves. This really helps as we are not so great at remembering to save 🙂
My husband and I have been married since January 2014. The day we got married, we sold my car. We've been a one-vehicle family ever since. It got harder when we had a kid, but it's definitely a big money saver for us! I can't go shopping on a whim anymore lol.
@@AshlynneEaton I agree. It seems a lot of dedication and preparation come into each month. But in the end, we are financially free,, and that is all we ever dream of. I wish I can be patient and well prepared like you. Each month for me is always a mess, but I always try to manage to save some for myself at the end of the month. Not a lot, but it is still something.
I love these ideas, Ashlynne! I especially agree with buying things secondhand as most things within that category will cost less than if you were to get it brand new. One thing that I've been doing since turning 18 is putting extra $ from savings into a retirement account, and I know this will benefit me in the far off future. :)
Love that Amy!! You’re so right that buying things secondhand can save you a lot of money! And that’s amazing that you’ve been saving for retirement since you were 18!
I’m happy for you that you started young. Neither of my parents taught me anything about anything let alone persona finance so it wasn’t until I was literally starving and begging for money (even though I had 3 minimum wage or less jobs) that I started seeking personal finance education. I left my apartment for one $300 less so I could eat. Wish I’d learned sooner!
Online shopping is dangerous for me, so your tip is so true. I wait 24 hour before checking out my cart. In the end I have hundreds of items in my cart but only buy things that I really need.
As someone who is getting ready to hike the Grand Canyon, I can attest that camping gear is EXPENSIVE. You may not be saving anything at all especially if you aren’t into camping and won’t make a habit of it
Very true! You do have to use it for it to be worth it! But typically if you go camping a few times a year it does result in a lot of savings! Or at least that’s been my experience 🤍
I also saved from buying books by using the library who also do audio books an dvds here in the UK. Also doing book swaps with friends and relatives. Also buying books from thrift stores if it doesn't matter that it's not the latest release. Great videos thank you.
I buy second hand as much as I can especially since I have been losing weight. I have a favorite consignment shop near me that does occasional $1-$3 clearance weekends and they have designer and non designer clothing and accessories for good prices all the time. They will buy clothing and accessories also. I take clothes that don’t fit me anymore and get cash for my old clothes. I’m paying off credit cards and student loans. I am a homebody and cook a lot at home since I work mostly day shifts since I have a new job where I’m making more. I’m still working on sticking to a budget.
My fiancé and I moved to Atlanta and his transmission went out a month into living there. We were forced to share my car and we did that for the entire year there and then when we moved back home we had to still share a vehicle for another year. So a total of two years. It always seemed to work out somehow. Our unrelated jobs were close to each other, or I was able to work from home, or just anything. But it always worked out! But we did buy a second car cash because we really do just need to vehicles. Our schedules are a little different, and he now has a “side hustle” which is door dashing. He does that when he gets off work which is an hour and 1/2 before I get off. But my point was only having one car at the time was great. Saved on gas money, car insurance was cheaper, and we just did less driving because we had to account for 2 ppl wanting to do their own things sometimes, which in the end saved us money by staying home 😆
Thank you so much for posting this, I have struggled with money all through being a young adult and never got taught how to actually save realistically! These tips are so useful and I can’t wait to try them
Love these tips and all of your videos! 😁 We LOVE every dollar! The ap has actually changed our life by helping us budget. We love Dave Ramsey and saving $$
I really really am thankful for TH-cam for recommending your videos and channel to me. I love your content, and I also find ur voice kind of relaxing ☺️ I've been binge watching your videos for three days now and I've already subscribed. Thank you so much, Ashlynne.
I see so many replacing perfectly good items- expensive Furniture- Christmas Tees- phones- I think if people actually kept up with their actual spending they Might rethink? So wise you are
one tip I use is to look around your home and use good light bulbs that are energy efficient, seal your windows to cut down on extra heating costs, it will add up in savings. Some lighting is not useful compared to natural daylight so adjusting your home makes a difference in your total savings.
I like to keep a balance in my life . I spend money on somethings I want like eating out, entertainment ,travellling but plan it within a budget. I cut down on other things like buying stuff . I try to get clothes on clearance , on in stores like Burlington coat factory . I don’t buy stuff often . On the whole I try to save money without depriving myself of anything. Spend in one area and save on other . We always follow same plan. Save first and then spend . I get so much happiness looking that I saved so much, rather than spending on stuff which I would not even remember or use
My husband surprised me with a brand new phone last year...and then the new iPhone came out and my phone dropped by $300. 🙄 I greatly appreciated the new phone though and still do. It was my happy birthday, happy anniversary, happy Valentine’s Day, “push present” lol, happy first Mother’s Day, and Christmas gift for 2019. lol 😂
Phones depreciate so ridiculously fast that I use 3 rules to determine buying one. 1) Does my current device work reliably 2) How long is the new phone likely to work reliably 3) Is there any other phone that will likely work reliably as long as the phone I’m considering for cheaper.
I need a car so badly and I need to stop buying other things that I don’t need urgently. Definitely going to implement a few of these to achieve my goal
Be sure to do research about what kind of car purchase is right for your situation. If you’re paying cash make sure you’re checking out all the ins and outs of the car. If you’re financing don’t let the dealerships pressure you into a high monthly payment. I wish you the best of luck on your financial goals!
Also, look at videos by Living on a Dime. They deal with ways to save money and groceries on a low income and they have a video on how to buy a car with cash on a low income!
I practice # 22 religiously. And it's my favorite! "USE UP ITEMS FULLY". It makes me happy whenever I use my pens up fully. Same with my facial wash, etc. etc. When I was less mature LOL, I tend to buy many pens and end up misplacing them with so much ink still on. Then I buy another one. And I misplace it again and the cycle keeps on and on. 😆
1. Sell what you don’t need 2. Save first 3. Wait 24hrs before buying 4. Increase your income 5. Own only one 6. Cook your own food 7. Be conscious of utility use 8. Create and stick to budget 9. Buy secondhand or DIY 10. Eliminated unused subscription services 11. Get a side hustle 12. Save on entertainment 13. Wait to upgrade 14. Go down to one car 15. Buy less, but buy quality 16. Shopping smarter 17. Limit alcohol purchases 18. Use shopping lists 19. Don’t carry debt 20. Limit coffee shop visits 21. Track your spending 22. Use items up fully 23. Stop shopping sales 24. Choose natural related travel 25. Share virtual environment
Great video! My goal for the next year is to pay off my credit card debt (it's small but it's still debt that I don't want!) and save at least 5K with a quite small income so all tips really come in handy ☺️
The bad thing about waiting 24 hrs to buy something is, when you shop at thrift stores, the item could easily be gone 24 hrs later. Even at regular stores you could easily spend more in gas driving back to the store the next day than you would have just buying the item in the first place.
i hate to say this, but most of these tips do not apply to working class people. With gas prices, you wouldn't be saving driving back to buy it the next day. but many are good...
I basically cut budget for everything except for essential food transport and phone network services. I dont have budget for clothes bags shoes computers handphones because i had bought enough.
This is great advice! I already use some of these tips, but I finally paid off the last of my debt early this year (debt free for the first time since high school!), so I'll be starting to put some more of these habits into play.
I’m only 15 and looking for ways to save money from my job and pocket money. Even though a lot of this is for large amounts of money, everything helps! I’m also a minimalist and have saved so much money from this!! Love your channel btw!!
I order groceries on line to be delivered. That way I don’t impulse buy anything. The money I save pays for the delivery, but with a big family, my total spend usually gives me free delivery. When something I always buy goes on special, I buy twice as much at that time.
What's one tip you've used to save money? 🤍
Also, this video was inspired by my lovely friend Sarah from Abundantly Minimal. If you’re looking for more ways to save, check out her video! » Sarah’s video: th-cam.com/video/oMwW46V3s5s/w-d-xo.html
My best money saving tip is don’t have kids. We have two and we love them and don’t regret having kids but they cost money to keep lol we saved much easier and much more before we had kids. I suppose to a lesser degree I would say don’t have a pet either.
Haha totally fair! I’d love to have kids one day, but you’re right that saving without pets or kids is much easier!
I don't pay for any streaming services! Not even Hulu or AppleTV+! I use Kanopy through the LA County library, IMDBTV, and Hoopla through the LA County, and TH-cam for entertainment
Please tell how a student can earn through online and sites that really pay
Being smart with housing choices can save a person thousands of dollars. We chose to stay in an apartment where the rental fee is lower, it's closer to work, and we renewed the lease rather than moving. The cost saved just by renewing the lease and not having to pay associated moving fees was over $4,000.
1. Sell what you no longer use/need
2. Save first
3. Wait 24 hours before making a purchase
4. Increase your income
5. Own only one item
6. Cook instead of eating out
7. Be conscious of the utilities you use i.e turn electricals and water off when not in use
8. Create + stick to a budget
9. Buy second hand
10. Eliminate unused subscription services
11. Get a side hustle
12. Save on entertainment
13. Wait to upgrade
14. Go down to one car
15. Invest in quality
16. Shop smarter
17. Limit alcohol purchases
18. Use shopping lists
19. Don't carry debt
20. Limit coffee shops
21. Track your spending
22. Use items fully
23. Stop shopping sales
24. Nature related travel
25. Share virtual entertainment
Netflix shares continue to nosedive Wednesday as the company experienced a massive loss of subscribers
Ok this tip is definitely not for everyone, but if you can, start early!!! I’m 23 and have been saving at lease $400 a month from my paycheck since I was 15. I also recommend if you can, live with your parents as long as possible. When you do move out, get a couple roommates to split the cost of living. When you’re young, you don’t need a massive space to yourself!
Interested to see how much you have saved?! This is really awesome, who taught you ?
That's great stay away from loans and credit cards.
I love this. My fiance and I brought a home and have roommates even after marriage. We can afford the monthly mortgage but we don't need the extra 2 bedrooms!
Very useful tip. I’m 24 and just now moving out of my parents home and people ask me why I lived with them for so long but I’ve saved thousands and started my own successful business since I don’t pay bills or rent
@@Queeen_Tori I’m not great at math but if she saved $400 a month for 7 years she should have around $30,000 if she was consistent. Not bad!
I think eating out is also more unhealthy. When you prepare your food you can control the ingredients and how much oil etc. is added.
Absolutely! That has a huge impact as well!
When I eat out I usually eat lean foods with vegetables... when I make my own food at home I microwave hot pockets.
There is something between eating out and making your own food... example microwave food.
D W 😂
Tracking your spending really is eye opening. I thought I had a good handle on my money but when I actually created a budget and tracked my spending I saw how much I wasted on unnecessary purchases.
Yes!! Completely agree 🤍
@@hiiii__byyyeeee5490 idk if this helps but the Mint app is very useful to me
Maria Franco I made my own excel sheet and love it
I use the every dollar app.. best thing I ever did...makes you realize how much you actually have left over each month and can get transferred right into savings account
i'm 17 and i save all my money bc i don't have to paid anything, i live with my family and they give me all what i need, i've been working for like 2 years and i have saved a considerable amount of money, that makes me very happy!
My dream is buy a house and renovate then rent it, save more money from my job and of the house rental and do the same until I have my real estate business :) ~
i'm sorry, english is not my first language but i can understand most, i love spend my time watching this kind of videos, they motivate me!
This is exactly what I’m going to do
Stop free loading off your Parents. It’s not fair to them!!! Even if they say it is OK, you are not doing the right thing by freeloading off others. You trick yourself into thinking you are self reliant.
@@janiekcarney5482 I think that is an American thing, wanting to throw out the children as soon as they reach the age of majority, in my country it is common for children to live with their parents even though they are 30+ years old, I just turned 18 and wanted to move and my Mom threatened to call the police because she didn't want me to go lol even though they can't do anything, I have also tried to contribute money to the house but they get angry because for them if 'you have children it is your responsibility', so I also clean the house to contribute something and buy food, my parents are fine with this so my mind is calm.
Well on your way buddy! Congrats
That’s amazing!! Keep it up!
I’m 49 my husband 54, we are both retired with over $4 million in net worth. Currently I’m living smart and frugal with our money. Saving and investing lifestyle made it possible for us this early.
Wow, congrats!
Great job with your husband, i bet you’re living your best life right now
I’m a young mom I’m really glad to hear your story it inspires me, what did you both invest in?
I'm only 14, so i don't really have my own money, but these tips are very useful for the future ❤
That’s so cool you’re watching videos like this now Elisa! That will serve you well in the future 🤍
@@AshlynneEaton thank you! ❤
Please please please please do not move out of your family home without substantial savings. It's the fastest way to end up in debt. I moved into my own place at 17 and I regret it as I ended up in serious debt over the years. If you can, stay home, work and save :)
@@awkwardlysippingtea8571 thank you so much for your advise
@Stacie Bee Definitely. We all know that renting is expensive but you don't quite realise it until you're doing it. I'm not sure how it works elsewhere but in the UK you have to account for a substantial rental deposit, tenancy fees and until recently you also had to pay a couple hundred per person for referencing fees. You then have the cost of the rent, council tax and utilities. You also have to account for moving costs, furniture, etc. If you end up with a bad landlord then you'll see yourself moving often. I've practically moved every year in the last 8 years because of landlords increasing rent, failing to maintain the property or deciding to sell just as I'd settled in. I definitely recommend staying at home for as long as you can. If you can't stay at home for whatever reason then I'd recommend either finding a live-in job that provides free accommodation or converting a van to live in. I'm determined not to let my future kids be in a position where they have to rent!
Whats crazy is i've lived my whole life based on your tips. Growing up with my single mom, 3 brothers and sister we had to make everything stretch just to get by. When you have no other choice but to use everything to the full, only have 7-8 outfits for school, one pair of shoes that lasted 2 years, ONLY home cooked meals basically nothing fancy. Growing up like this really makes you appreciate little things and how far they can go. One of the best feelings now as an adult is going to the grocery and spoiling myself with foods i've never had. I'm humble for everything that's happened in my life and i wish more people would follow a lifestyle like this. I promise you'll still be happy with what you have just make the sacrifices. Great Video!
I grew up like this as well. It definitely kept me humble and makes me realize money can be saved, pennies can be pinched, and most things can be stretched.
Netflix shares continue to nosedive Wednesday as the company experienced a massive loss of subscribers
We paid off $70k in student and vehicle debt using a variety of tactics: the snowball method, having one car, not shopping as much and buying second hand, not eating out very often, selling a few things, and planning out the year's budget in advance, in combination with also gradually increasing our income through promotions/raises at work. Now we are debt-free and saving up for a down payment on a house using the same strategy.
Great job!!
I'm proud of you
I am 19 and started working november of 2019. Now while in quarantine I looked back and saw that I did not have any money saved even though I worked for 8 months already!
I did not purchased like a car or new cellphone in which the majority of the money could go to. So all I did was to spend my money on things that nowadays do not bring me any sense of achievement or acquisition.
Loved the video and I will definitely put them to work! Thank you ❤
Ynae Dias hey there. Don’t beat yourself up for that! You realized what you need to do now - put that knowledge to work. Make sure you treat yourself now and then so you don’t go crazy like a shopping spree and find yourself back in the state of “how did that happen?” You got this! 👍🏻😎
same here im 19 but started working at 17 and spent all of my money
At least you've learned young... I've blown thousands.
I also think it’s okay to treat yourself when you start work. I knew, when I started my first job, that actually paid a decent amount, that I was excited to just go and spend MY Money, wherever I felt and wanted... the best time to start saving(besides the past) is now! You got this!
Im 26, had $20K saved and put $6K into a Roth IRA and $10K into a taxable high percentage bond account.
Another one would be quitting all different kinds of drinks and just drink water
Yes not unhealthy things
This! My friends spend so much on sodas and coffee😳
Madison Eats that’s me I love coffee
Me I smoke a lot of weed.
I agree!! Growing up I would drink so much soda and juice it was terrible! When I went off to college I switched to only water and I saved myself so much money! On top of that you feel so much better ☺️
We always just donate; I don't want to deal with the headache of selling. Also, once I buy something, in accounting terms it's already a 'sunk cost' so donating it feels better than trying to sell.
Glad to hear that you are doing what is right for you.
yeah i like how the poster stays away from being judgmental and makes it just a suggestion. We donate because it's too taxing on us to haggle and meet strangers from the internet etc for the money...plus my karma feels better and I do less guilt or depression shopping
Whenever I hear someone say that you should invest in quality to save money in the long run, I think of something my great grandfather apparently used to say:
We can’t afford to buy junk.
This is more true than ever. For the sake of our minds, the environment, our future.
i love this, its an eye opener thank you :)
Thank you. I realized that my family applied almost all of your tips (and we don't drink alcohol). Thanks to my parents, I've got such an abundantly minimal lifestyle. 🥰
That’s so awesome! 🥰
1. SELL WHAT YOU DON’T NEED
2. SAVE FIRST
3. WAIT 24 HOURS BEFORE BUYING SOMETHING
4. INCREASE YOUR INCOME
5. OWN ONLY ONE
6. COOK YOUR OWN FOOD
7. BE CONSCIOUS OF YOUR UTILITIES USE
8. CREATE A BUDGET + STICK TO IT
9. BUY SECONDHAND OR DIY
10. ELIMINATE UNUSED SUBSCRIPTIONS SERVICES
11. GET A SIDE HUSTLE
12. SAVE ON ENTERTAINMENT
13. WAIT TO UPGRADE
14. GO DOWN TO ONE CAR
15. BUY LESS, BUT BUY QUALITY
16. SHOPPING SMARTER
17. LIMIT ALCOHOL PURCHASES
18. USE SHOPPING LISTS
19. DON’T CARRY DEBT
20. LIMIT COFFEE SHOP VISITS
21. TRACK YOUR SPENDING
22. USE ITEMS FULLY
23. STOP SHOPPING SALES
24. CHOOSE NATURE-RELATED VACATIONS
25. SHARE VIRTUAL ENTERTAINMENT
Excellent tips!
Also, use only the amount you need, ex toothpaste and laundry detergent and liquid soap. People really overuse these things.
That’s a great one Heather!!
Omg yes!!! My mom overuses those things and she usually rebuys them every month while my stuff last so much longer especially shampoo I never use a big amount and that way it lasts me 3-4months
@@deryamelody5423 8
I buy dropps, it’s cheaper per load and proportioned!
you can add water to liquid handsoap - I make a 50 /50 mix and it works JUST FINE
The key of not being poor is the ability to save no matter the amount of money you save.
Do you know that you can also save money and also earn money through cryptocurrency
yes you're right now bitcoin has raised to 55k I believe it will raise before the end of the month
@Andrew Stephens Bitcoin has made so many people a millionaire
@Abdellah adam as a beginner I will advise you to work with Susan Ann Kira, for good and huge withdrawals.
@Elliot rosalie yes you're right
Joined the Navy at 18 with 7k in the bank. I did janitorial and smoked a lot of pot in high school. Left the Navy after months with 32k in the bank. Invested 29k in the S&P in late 90. Started working at UPS, Exide Battery and did concrete on Saturdays. Invested 1k a month every month into it, Cashed out 250k from the S&P and invested with my Financial advisor Lucy Maria Koss. Cashed out and Semi retired at 31. Took a year off. Traveled. Came home and started working part time for the insurance, entertainment and pocket change. Work isn't work when you don't have to work. Becoming wealthy can be done in few years. It feels like 60hr work weeks. Feel the pain of discipline early or feel the pain of regret later. I wish everyone well!
great advice ma’am.you must have an inspiring mind because you inspire minds 🙏
Nice work. i myself will be heading to a mil soon. Meanwhile i just googled your FA. Lucy Maria Koss...wow she's amazing, will def be working with her
Love your tips. I've been doing almost all of these and the results are amazing and so worth it . My family is completely debt free (house too and $ saved for my kids college). Three tips I would suggest have really helped my family, 1. shop off season (bought my kids clothing for the next season for little to nothing, 2. Food inventory sheet (I update this monthly so that when I grocery shop I only buy what I need, this decreased my grocery bill by 75 to 100 a week for a family of 5 and 3. Meal planning for the week. Eating out was a celebration mostly. Young lady you have a new subscriber here and I will be telling folks about you!!!!
My husband and I have been able to save/invest about 65% of our income. We follow pretty much all of these ways to save. By being minimalist and intentional we've been able to do this.
Wow! That’s so incredible! Thanks for sharing Rene!
😮 Inspiration!
I really like the grocery tip. I’d like to add how much of a lifesaver grocery pickup is! Even though they may have to substitute items sometimes- you truly only purchase exactly what you intend to buy. 🙌🙌
I’ve eliminated the remaining $25,000 of my student debt by living more sustainably and intentionally. ($40,000 in total in 5 years.)
Wow that’s amazing!! 🙌
Every American Millennial's Dream! You've inspired me! ☺️☺️☺️
This is awesome! Great job!
‘Responsible steward of the earth’s resources’ is the coolest phrase!
Don't be put off by the amount in the title. Start small and it will start adding up. The key is to be disciplined, be patient and stay positive.
Also when you do feel like treating yourself, don't splurge and undo all your hard work.
Shop around, I needed a new raincoat, found one I liked, then had a little search online and found it 1/2 the price on a different web site.
Also there are separate things to save for like birthdays and Christmas. I find that by allotting a certain amount separately each month really helps me to stay within a budget. Some months will spend more and others none so it usually balances out in the end. I work out how many people I'm buying for in the year, what I'd spend then divide that amount by 12. It's not perfect but it sure makes it easier for me.
great advice. cause, whew chie lol
There's actually a term for that thing in the last paragraph-sinking funds. Look it up. :)
She is the TH-camr that deserves to have a 1Million or more Subscribers. I Love you, Ashlynne 🤗
Tip 1. Pay cash for your house or pay it off early. I crunched the numbers and on a 100k dollar home you will pay between 90k to 100k in interest alone in 30 years, that's over 3000 dollars a year you are just throwing away to mega banks!
I watch her videos whenever I want to relax. They’re so calm and soothing.
Love you Ashlynn 💖
I’m trying to transition to minimalism but it’s hard to do...especially as a student.
But you always give me the motivation to relax and take breaks and de clutter. 💕
Aww I’m so glad these video help inspire and motivate you! Don’t worry if things don’t happen overnight, change takes time! Even small changes can make a big difference in the long run 🤍
My number one spender is eating out, me and my husband enjoy trying new things so much that it gets out of control quickly. But we are working on gradually reducing it.
After a terrible 2022, shell-shocked financial backers have a lot to think about and losses to recover from. An expansion report and a wealth of other data did little to alter assumptions that the Central bank would likely keep raising interest rates regardless of whether the economy slows down. This implies that portfolios will experience more losses during the first quarter of 2023. I'm currently at a crossroads deciding whether to exchange my $250k security/stock portfolio; how might the continuous market volatility work to my advantage?
Concentrate on two main objectives. First and foremost, keep yourself safe by knowing when to sell stocks to reduce losses and maximize gains. Second, prepare yourself to gain from a market turnaround. I advise you to seek the advice of a representative or financial counselor
@@GabrielPitchford In fact, ever since Coronavirus, I've been in regular communication with financial examiners. Nowadays, buying moving stocks is quite easy; the trick is knowing when to buy and when to sell. The section and leave orders for my portfolio are made by my counsel. accumulated more than $550,000 from a $150,000 savings that was initially stale.
@@ThomasWilliam-sw8ms Please provide the information for your investment advisor here. I really need it now.
@@GabrielPitchford She is MARTHA ALONSO HARA, my consultant. Since then, she has devoted section and leave attention to safeguards that I have been keeping an eye out for. You can locate information about the chief online, on the off chance that you're interested. I made no regrets about substantially adhering to their exchange strategy.
@@ThomasWilliam-sw8ms sincerely thank you I looked her up on the internet and was awestruck by how qualified she was; I contacted her since I need all the help I can get with canning. I've just scheduled a call.
Tip # 1 for saving your money, start paying cash for your purchases, if you can't pay cash don't buy it.
Great advice - very true!
👌👌
Thank you!
@@lexiebug2233 Your all very welcome, only 500 more to go.
I think this is great advice for people who are naturally spenders! Decreasing your spending is one of the best ways to start saving.
Great video! I started budgeting in March and have saved over £2,000 already (as a student living in London!). The biggest game changer has being paying myself first, like your second/third tip!
Is anyone else binging Ashlynne’s videos during quarantine?? Ps. Love these types of videos 💕
That’s so awesome!! Glad you enjoyed it! 🤍
YES
I am now!
I totally agree with travelling in nature instead of cities! I've roadtripped the country and mostly car camped and occasionally paid for a campsite for over a month on two separate occasions. 5 weeks of travel costed about $2,500, and we went to every state in the west and every national park, and most of the national forests.
Since lockdown I have mastered two tips that she mentioned here before seeing this video. Try owning only one of a product and use to the max what you have. From nail polish, to hair and body products I have several. Yet I want to purchase another brand. With this unemployment I said stop buying and clean out your storage using everything to the max. It is not easy since there are other colors or qualities that you may want. But I am determined to make most of my stock work for me. And that includes eating the majority or all of the food in my home first before I buy more. Also making sure that I eat before grocery shopping.
Truth! I am a recovering hoarder, so have way more than 1 of thousands of things. A few months ago, I had to tally up how many black skirts and black dresses I actually own. My particular dilemma of not knowing how many black skirts and black dresses I actually own is because I had 3 homes. One on the East Coast of the USA, and one on the West Coast, and one in the country of Qatar. Naturally when you're flying between homes, one tends to simply purchase more of the things they use or need instead of carrying things with them everytime they visit their homes. Since I wanted to be sure I had everything I needed or used in every location, I simply purchased an few for that home. I actually have over 25 black skirts and black dresses. Things changed up a bit for me and I was able to get ride of my West Coast property in 2018. I gave away or sold what I didn't need or want and moved everything else to my bonus room in the basement of my East Coast property. I freed up that monthly mortgage payment, as well as the payments for those utility bills. I also went on a NO SHOPPING FOR CLOTHING CAMPAIGN...LOL! I honestly don't need to purchase another single thing, so have been diligent in my efforts to cease needless spending and utilize more of what I already own. Since I live 10 months out of the year in the Middle East, I just switch up clothing from my own closets whenever I'm back stateside. Jewellery (especially costume jewellery) is another area I don't need another piece of...LOL I literally have enough jewellery to fill a small closet, so have been very intentional of not spending money on these things. I've also been slowly going through what I do own and am giving pieces or sets away to friends or to their children. I never had kids, so when you're a working professional with a fairly decent salary, you find that you spend way too much on yourself and discover some 20 years later, that you just have way more than you'll ever need. The pandemic situation going on right now also allowed me to save money on nail and hair salon services. Since these places were closed anyway, I used those funds towards paying down debt or just simply saved it.
Hi Ashlynne! A couple of tricks I do to save money is when I am almost out of tooth paste, I will cut the tube in half and scrape out whatever is left in both ends. Also when I am almost out of face wash, shampoo or conditioner, I will just fill it half way with water and shake it up so I can get as much out of the bottle as I can! Just wanted to share that! Hope you are doing well!😀🙂🙂👋🛁💰
That toothpaste tip is such a good one! I’ll often do that with my moisturizers as well!
It's surprising just how many more days you can get out of that toothpaste by doing this!
Thrift stores are AMAZING. I’ve stopped buying brand new clothes. You can get jeans and vintage furs from $1-$5, I save so much from going to goodwill bins, half off Wednesday’s at the Salvation Army, and discount days at Value Village
Salvation Army is the best! I’ve gotten so many nice tops/blouses for my job. Saved hundreds by now
Yep. I have a great second hand store. I do buy underwear , shoes and socks first hand , but everything else.is second hand.I don’t care what everyone else is wearing.I am very comfortable with my own style. I am 56 and still weigh 110 lbs so fitness at home helps too.I would never go to a gym. Plus I cook healthy stuff at home. No restaurants for me.
My boyfriend and I (well actually only myself at first) are moving to Charlotte in about a month and I don’t know anyone or know the area at all and I’m so happy you mentioned Charlotte on the cheap, now I’m excited and feel like I’ll have things I know I can go do. Thanks for sharing!!!
Such great timing, Ashlynne. I don't live in North America but these tips are timeless and can still apply anyway.
I have been thinking about this for a few days now and it crazily includes things you have mentioned.
Would love more content on finances.
Love from East Africa
I wait a long time to buy things since I’m still in college and I need to save my money for personal expenses, not discretionary ones. It makes a big difference because I am saving much more now that I don’t give into impulse purchases and only buy what I need.
I have a journal that I track every penny I've spent so I hold myself accountable. Minimalism has helped me have time to start a business too so I'm saving money while making money.
That's amazing I can't believe you saved $50,000!!! I've had some people ask me for help with social media after they watching me start my youtube channel and I think that's a great way to start getting some cash coming in as well. Great video and great tips thanks so much for sharing with us!!!
Love this video! So critical for me right now as I'm trying to do a no spend 6mths 😬 I just downloaded a money managing app to monitor spending and wow, my mind was blown. It's funny how we reason some household items that are "needed" when really we could have happily lasted without. However, for me, saving first is the ULTIMATE tip here! You can think and wait on more stuff with this tip. For me, I normally want to hit a certain point in my savings that month and I rather see that grow than collect more objects or buy more expensive food for eg. Also make sure to spend that money on your life that matters to you so you feel fulfilled 💗
Nice content! I think the best way to save money is by investing it, With this you got an extra advantage as your money invested would raise you more revenue rather than it just laying low someplace.
This really sounds good, I have some good savings just laying low. I'd love the idea of getting more out of it rather than letting it leaving it out there. I would appreciate more investment advise, Thanks for this.
Nice to see someone who also thinks 2 steps ahead, I can't really give you much to hold on to but you should understand that the market has been on for ages and is very liquidated so you need to be able to find the best strategy that suits your needs and also be attentive to technical analysis, Better still i'd say you reach out to an investment advisor that'd be better cuz with their experience and knowledge they'd be able to navigate the market in your favor so as to raise you high revenues.
@@MuhammadAhmad-kt4st I know close to nothing on this, would do some research tho. but would you mind pointing me in the right direction as to identify an IA i can work with.
I would recommend Lorna Rose Sabbia, she's a reputable IA, Her work speaks for itself. came cross her the first time on Business insider my aunt who's worked with her months back also spoke so highly of her, Still trying to raise fund so i could get started with her tho but i can tell you she's the real deal. you can connect with her on teIegram @ tradewith_lorna
Absolutely spot on advise there Viktor, I thinks this is same as having your savings in the bank but with investing you get a better interest rate or rather earn a more lucrative revenue.
Wow! Excellent list, sis! The "wait 24 hours before buying" is small but EFFECTIVE! I was going to buy $60 worth of Bath and Body Works products but waited until the next day and realized it would not be good for my savings!
My 401k gets 15% of my Gross pay, which really helps with taxes and increases in investments. Then, i set aside another 20% into a savings account which i have for over 6 months of emergency expenses. Then the rest pays for my rent and food and insurance.
I don't know who needs to hear this
"Save to Invest! You are saving a day off work"
Yes! Well said, I have been saving and I have plans to start investing to grow my income stream
The best quote of 2020!
@@ameliapeters2447 It’s a great idea! I make as much as an extra income of $3k weekly from my investment,
@@jasonbrown9501 wow thats huge amount , I will really love to jump into a profitable investment how can I get started?
@@harleyrebecca2677 investments differ, there's a lot of them out there but you need a broker to guide and help you make a profitable investment
Watching this and thinking : i’m already doing almost everything in this video.. was I born a minimalist?
I just discovered your channel and I am HOOKED! This is exactly the type of content I strive to create myself one day. Your aesthetic and filmmaking are stunning ❤️
Oh my gosh that’s so awesome! And thank you so much!! 🥰
I'm so glad I chose not to take on debt by going to community college! Also, I love aldi😂
Community college can make a huge difference!!
That was my mom's suggestion. I wish I listened!
I can relate to this! But in the end, I did meet my long term bf and all my amazing, close friends at my school. If I were to have to make the decision again, I wouldn't change a thing. I'm being smart with my money now, so I can pay off my debt quickly.
Aldi is life, makes eating organic cheap
Trading my online shopping habit for my goal of becoming a great cook has not only saved me money through less shopping, but it's decreased my craving for restaurant food, because I'm beginning to be able to create really satisfying, delicious meals!
I was literally just thinking about more ways to save money, and this popped up on my feed! You read my mind haha thanks for sharing, Ashlynne! 🥰
Haha love it!! Glad to help Michelle 🥰
That’s exactly what I do! Whenever I get payed I put into my savings account first
We have an automatic transfer into our savings account each month that we include in our budget, almost like it’s a “bill” that we pay to ourselves. This really helps as we are not so great at remembering to save 🙂
Netflix shares continue to nosedive Wednesday as the company experienced a massive loss of subscribers
My husband and I have been married since January 2014. The day we got married, we sold my car. We've been a one-vehicle family ever since. It got harder when we had a kid, but it's definitely a big money saver for us! I can't go shopping on a whim anymore lol.
I really admire you guys for your financial saving practice.
Thanks Alan! It isn’t always easy, but it’s so worth it!
@@AshlynneEaton I agree. It seems a lot of dedication and preparation come into each month. But in the end, we are financially free,, and that is all we ever dream of. I wish I can be patient and well prepared like you. Each month for me is always a mess, but I always try to manage to save some for myself at the end of the month. Not a lot, but it is still something.
I love these ideas, Ashlynne! I especially agree with buying things secondhand as most things within that category will cost less than if you were to get it brand new. One thing that I've been doing since turning 18 is putting extra $ from savings into a retirement account, and I know this will benefit me in the far off future. :)
Love that Amy!! You’re so right that buying things secondhand can save you a lot of money! And that’s amazing that you’ve been saving for retirement since you were 18!
That’s amazing! Good for you for starting early! 🙌🏼
That’s an awesome suggestion when it comes to only owning one. For most items we have back ups and this is a great tip keep up the great work!
Why the heck did the "saving first" tip just blow my mind?! Wow. So simple. Thank you for that!!!
I’m happy for you that you started young. Neither of my parents taught me anything about anything let alone persona finance so it wasn’t until I was literally starving and begging for money (even though I had 3 minimum wage or less jobs) that I started seeking personal finance education. I left my apartment for one $300 less so I could eat. Wish I’d learned sooner!
Online shopping is dangerous for me, so your tip is so true. I wait 24 hour before checking out my cart. In the end I have hundreds of items in my cart but only buy things that I really need.
I live in Charlotte and didn’t know about Charlotte on the cheap!! THANK YOU!! It’s so helpful!
Ahh that’s amazing! So glad to help 🥰
nice! I was able to save about that and ended up putting 20% down on my new house. It felt good to not have to get private mortgage insurance.
Wow! That’s amazing Katie!!
Congratulations on the new house! That an amazing accomplishment to be proud of.
go Katie! That;s awesome
That’s amazing!!! My boyfriend and I are in the process of saving up for a house!
As someone who is getting ready to hike the Grand Canyon, I can attest that camping gear is EXPENSIVE. You may not be saving anything at all especially if you aren’t into camping and won’t make a habit of it
Very true! You do have to use it for it to be worth it! But typically if you go camping a few times a year it does result in a lot of savings! Or at least that’s been my experience 🤍
I also saved from buying books by using the library who also do audio books an dvds here in the UK. Also doing book swaps with friends and relatives. Also buying books from thrift stores if it doesn't matter that it's not the latest release. Great videos thank you.
I buy second hand as much as I can especially since I have been losing weight. I have a favorite consignment shop near me that does occasional $1-$3 clearance weekends and they have designer and non designer clothing and accessories for good prices all the time. They will buy clothing and accessories also. I take clothes that don’t fit me anymore and get cash for my old clothes. I’m paying off credit cards and student loans. I am a homebody and cook a lot at home since I work mostly day shifts since I have a new job where I’m making more. I’m still working on sticking to a budget.
live on one partners salary, save the rest (or whittle down debt)
Bet, I just need a spouse lol
That's great advice for married couples.
I have the small utility bills and I pay down the debts we have. We love it
My fiancé and I moved to Atlanta and his transmission went out a month into living there. We were forced to share my car and we did that for the entire year there and then when we moved back home we had to still share a vehicle for another year. So a total of two years. It always seemed to work out somehow. Our unrelated jobs were close to each other, or I was able to work from home, or just anything. But it always worked out! But we did buy a second car cash because we really do just need to vehicles. Our schedules are a little different, and he now has a “side hustle” which is door dashing. He does that when he gets off work which is an hour and 1/2 before I get off.
But my point was only having one car at the time was great. Saved on gas money, car insurance was cheaper, and we just did less driving because we had to account for 2 ppl wanting to do their own things sometimes, which in the end saved us money by staying home 😆
Thank you so much for posting this, I have struggled with money all through being a young adult and never got taught how to actually save realistically! These tips are so useful and I can’t wait to try them
That's a great accomplishment Ashlynne! You should be proud. Keep it up and you'll have the financial stability to do whatever you want in life.
Netflix shares continue to nosedive Wednesday as the company experienced a massive loss of subscribers
Love these tips and all of your videos! 😁 We LOVE every dollar! The ap has actually changed our life by helping us budget. We love Dave Ramsey and saving $$
Dave Ramsey is pretty cool
Ashlynne and every Boomer dad: "Turn off that light." *both high five*
A modern problem is children leaving their device chargers plugged in when not in use.
My 65 year old boomer dad 😂
I really really am thankful for TH-cam for recommending your videos and channel to me. I love your content, and I also find ur voice kind of relaxing ☺️ I've been binge watching your videos for three days now and I've already subscribed. Thank you so much, Ashlynne.
I see so many replacing perfectly good items- expensive Furniture- Christmas Tees- phones- I think if people actually kept up with their actual spending they Might rethink? So wise you are
one tip I use is to look around your home and use good light bulbs that are energy efficient, seal your windows to cut down on extra heating costs, it will add up in savings. Some lighting is not useful compared to natural daylight so adjusting your home makes a difference in your total savings.
"First pay yourself" is the best rule of saving money. Everything I have tried before didnt work.
I like to keep a balance in my life . I spend money on somethings I want like eating out, entertainment ,travellling but plan it within a budget. I cut down on other things like buying stuff . I try to get clothes on clearance , on in stores like Burlington coat factory . I don’t buy stuff often . On the whole I try to save money without depriving myself of anything. Spend in one area and save on other . We always follow same plan. Save first and then spend . I get so much happiness looking that I saved so much, rather than spending on stuff which I would not even remember or use
The type of videos i prefer to watch .. you
always inspire me to live a minimalist
life at such early age
Much love to you from India 💚
My husband surprised me with a brand new phone last year...and then the new iPhone came out and my phone dropped by $300. 🙄 I greatly appreciated the new phone though and still do. It was my happy birthday, happy anniversary, happy Valentine’s Day, “push present” lol, happy first Mother’s Day, and Christmas gift for 2019. lol 😂
Aww I love that! A sweet gift for sure, but crazy how fast they decline in value! 🤍
Phones depreciate so ridiculously fast that I use 3 rules to determine buying one. 1) Does my current device work reliably 2) How long is the new phone likely to work reliably 3) Is there any other phone that will likely work reliably as long as the phone I’m considering for cheaper.
Loving how thorough you are in your videos! Thank you 🙏♥️
I need a car so badly and I need to stop buying other things that I don’t need urgently. Definitely going to implement a few of these to achieve my goal
Love that you’ve identified what you’re saving for! Having a specific goal makes a HUGE difference. Good luck! 🥰
Be sure to do research about what kind of car purchase is right for your situation. If you’re paying cash make sure you’re checking out all the ins and outs of the car. If you’re financing don’t let the dealerships pressure you into a high monthly payment. I wish you the best of luck on your financial goals!
If you’re going to buy a car, cut down on the things you really don’t need and save up to pay cash for your car!
Also, look at videos by Living on a Dime. They deal with ways to save money and groceries on a low income and they have a video on how to buy a car with cash on a low income!
@@cherylT321 thank you 😊
I practice # 22 religiously. And it's my favorite! "USE UP ITEMS FULLY". It makes me happy whenever I use my pens up fully. Same with my facial wash, etc. etc. When I was less mature LOL, I tend to buy many pens and end up misplacing them with so much ink still on. Then I buy another one. And I misplace it again and the cycle keeps on and on. 😆
Fantastic suggestions! This is such an important topic to be discussing right now. I really enjoyed the video!
1. Sell what you don’t need
2. Save first
3. Wait 24hrs before buying
4. Increase your income
5. Own only one
6. Cook your own food
7. Be conscious of utility use
8. Create and stick to budget
9. Buy secondhand or DIY
10. Eliminated unused subscription services
11. Get a side hustle
12. Save on entertainment
13. Wait to upgrade
14. Go down to one car
15. Buy less, but buy quality
16. Shopping smarter
17. Limit alcohol purchases
18. Use shopping lists
19. Don’t carry debt
20. Limit coffee shop visits
21. Track your spending
22. Use items up fully
23. Stop shopping sales
24. Choose natural related travel
25. Share virtual environment
Great video! My goal for the next year is to pay off my credit card debt (it's small but it's still debt that I don't want!) and save at least 5K with a quite small income so all tips really come in handy ☺️
Check out the webinars and video for YNAB. Look up sinking funds, snowball debt, and savings challenges on TH-cam.
Great tips. I don't know why every time I watch one of your videos I feel the impulsive urge to declutter! :D
Hahaha love it Jade! 🥰
Me, too!
The bad thing about waiting 24 hrs to buy something is, when you shop at thrift stores, the item could easily be gone 24 hrs later. Even at regular stores you could easily spend more in gas driving back to the store the next day than you would have just buying the item in the first place.
i hate to say this, but most of these tips do not apply to working class people. With gas prices, you wouldn't be saving driving back to buy it the next day. but many are good...
I basically cut budget for everything except for essential food transport and phone network services.
I dont have budget for clothes bags shoes computers handphones because i had bought enough.
I am 16 but I have all sorts of side hustles I am utilizing right now! I am definitely going to use all of these tips!
Nature is my thing other then going to concerts ( I only go if it’s my favorite band )
This is great advice! I already use some of these tips, but I finally paid off the last of my debt early this year (debt free for the first time since high school!), so I'll be starting to put some more of these habits into play.
I would love to see more content like this thank you for these great ideas! ❤️
You did such a great job with this video, Ashlynne!
Thanks so much Sarah! 🥰
You guys are so smart, it just shows you what you can do when you put your minds together, congrads.
I’m only 15 and looking for ways to save money from my job and pocket money. Even though a lot of this is for large amounts of money, everything helps! I’m also a minimalist and have saved so much money from this!! Love your channel btw!!
I order groceries on line to be delivered. That way I don’t impulse buy anything. The money I save pays for the delivery, but with a big family, my total spend usually gives me free delivery. When something I always buy goes on special, I buy twice as much at that time.
Impulse purchases are a tough habbit to get rid of. But over time I’ve become better at it
I started the budget mom workbook and this goes great with it!! A few of these I didn't think of already! Thanks!