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35. Best Ways To Save Money Fast - 5 Simple Tricks
YouTube Link: https://youtu.be/AgUHGYMo8TY
Hello Friends! Do you want MORE money? :) If your answer is YES, then you will want to watch this video where I walk you through the best ways to save money very fast. Specifically I am talking about 5 Simple Tricks. Enjoy :)
🔔 Subscribe for more tips just like this: https://www.youtube.com/channel/UCcja7IBZ2VZVsCdmGDjZiRw?sub_confirmation=1
-----Contents of this video-----------------------------------
0:00 - Intro
0:03 - 60% of Americans cannot come up with $1,000
0:51 - 5 Simple Trick to Save More Money
1:09 - Tip #1: Prioritize Savings
2:07 - Automate Savings
2:33 - Tip #2: Sleep on it
3:25 - Shop Online Tip
4:02 - Tip #3: How many hours does it take to make the money to buy the object/experience 4:52 - Tip #4: How much will it cost in future money (10, 20, 30, 45 years)
7:08 - Call to action
7:17 - Tip #5: Have the desire to Save Money
8:16 - Summary / Bonus Description:
Shocking fact: 60% of Americans cannot come up with $1,000 in case of an emergency.
That could mean 1 car repair, 1 emergency room visit, Your iPhone giving up :) and many, many others.
Below are 5 things you can do to save more money starting today.
Prioritize Savings
Sounds easy, but it is not as easy in practice as it sounds. Like anything in life, what gets prioritized, gets done. My advice to you is to save first, then spend what is left. Many spend and save what is left, which may be none or even negative. A tip is to automate the savings. It will be harder to stop the automation and spend the money.
Sleep on it
You would be surprised how many times after waiting a few days you do not want to purchase the item anymore.
How many hours of you working does it cost you
For those on salary, just calculate your rough hourly rate. I have to spend one week at work to make up for this :)I have to spend one year at work to make up for that, whatever that is.
How much will it cost in future money (money multiplier)
If I invest this same money how much could they turn into 10, 20, 30, 45 years down the road. This could easily be done with an online calculator.
Have the desire to save money
As promised this is by far the most important one in my opinion. Just like anything in life - you have to have the desire to achieve anything. How many times your parents told you, do x or y, but until you have developed the desire, nothing happened.
Summary
In the end, it all boils down to cutting down the spending by applying these simple 5 tricks. Becoming wealthy is more about habits than anything else.
If you refuse to do all of the above then go all-in with your current JOB
I am truly thankful for you coming to my channel and experiencing the content that I am putting together!
My wife and I wrote the book: “LIFE LESSONS: From A Wiser Me to A Younger Me” In this book, we go into details of what were the biggest lessons we have learned up until now. Our intention for writing the book was for people to learn from it and not repeat the same mistakes we did. Also what we have learned in 10, 20 years, could be compressed in a few days of you reading the book. So there is a lot to gain :)
You could purchase it here: https://www.amazon.com/dp/B09JBHGSRF/ref=cm_sw_em_r_mt_dp_0QE4R3280AE5BMYH1SPK
*None of this content is meant to be interpreted as investment advice. It is for entertainment purposes only. The content in the video is accurate as of the day of the posting and may not be accurate in the future.
View all episodes
By VladimirYouTube Link: https://youtu.be/AgUHGYMo8TY
Hello Friends! Do you want MORE money? :) If your answer is YES, then you will want to watch this video where I walk you through the best ways to save money very fast. Specifically I am talking about 5 Simple Tricks. Enjoy :)
🔔 Subscribe for more tips just like this: https://www.youtube.com/channel/UCcja7IBZ2VZVsCdmGDjZiRw?sub_confirmation=1
-----Contents of this video-----------------------------------
0:00 - Intro
0:03 - 60% of Americans cannot come up with $1,000
0:51 - 5 Simple Trick to Save More Money
1:09 - Tip #1: Prioritize Savings
2:07 - Automate Savings
2:33 - Tip #2: Sleep on it
3:25 - Shop Online Tip
4:02 - Tip #3: How many hours does it take to make the money to buy the object/experience 4:52 - Tip #4: How much will it cost in future money (10, 20, 30, 45 years)
7:08 - Call to action
7:17 - Tip #5: Have the desire to Save Money
8:16 - Summary / Bonus Description:
Shocking fact: 60% of Americans cannot come up with $1,000 in case of an emergency.
That could mean 1 car repair, 1 emergency room visit, Your iPhone giving up :) and many, many others.
Below are 5 things you can do to save more money starting today.
Prioritize Savings
Sounds easy, but it is not as easy in practice as it sounds. Like anything in life, what gets prioritized, gets done. My advice to you is to save first, then spend what is left. Many spend and save what is left, which may be none or even negative. A tip is to automate the savings. It will be harder to stop the automation and spend the money.
Sleep on it
You would be surprised how many times after waiting a few days you do not want to purchase the item anymore.
How many hours of you working does it cost you
For those on salary, just calculate your rough hourly rate. I have to spend one week at work to make up for this :)I have to spend one year at work to make up for that, whatever that is.
How much will it cost in future money (money multiplier)
If I invest this same money how much could they turn into 10, 20, 30, 45 years down the road. This could easily be done with an online calculator.
Have the desire to save money
As promised this is by far the most important one in my opinion. Just like anything in life - you have to have the desire to achieve anything. How many times your parents told you, do x or y, but until you have developed the desire, nothing happened.
Summary
In the end, it all boils down to cutting down the spending by applying these simple 5 tricks. Becoming wealthy is more about habits than anything else.
If you refuse to do all of the above then go all-in with your current JOB
I am truly thankful for you coming to my channel and experiencing the content that I am putting together!
My wife and I wrote the book: “LIFE LESSONS: From A Wiser Me to A Younger Me” In this book, we go into details of what were the biggest lessons we have learned up until now. Our intention for writing the book was for people to learn from it and not repeat the same mistakes we did. Also what we have learned in 10, 20 years, could be compressed in a few days of you reading the book. So there is a lot to gain :)
You could purchase it here: https://www.amazon.com/dp/B09JBHGSRF/ref=cm_sw_em_r_mt_dp_0QE4R3280AE5BMYH1SPK
*None of this content is meant to be interpreted as investment advice. It is for entertainment purposes only. The content in the video is accurate as of the day of the posting and may not be accurate in the future.