How I saved my first 100k by 30 (and paid off 28k in student loans)

In this video I go over the 5 key steps I took to save my first $100,000 while paying off $28,000 in student loans from grad school all in 5 years. My net worth was negative for years until I put my head down and saved every penny I could. It was only when I turned 30 that I felt a solid sense of financial stability with my first $100,000 saved. And yes the pandemic definitely helped! Some tips may not be relatable but hope you at least get a chuckle out of some of them. Paying off debt and saving money may not be the sexiest things to do so I feel you if you’re feeling knee deep in the slog! Cheers to a wealthy and financially stable/independent/free future ahead for all of us!

⏳Timestamps
0:00 Intro - net negative years after grad school
0:37 Phase 1 (2018) - big girl job, keep rent low
2:14 Phase 2 (2019) - land higher paying job
4:15 Phase 3 (2020) - enter a pandemic
5:14 Phase 4 (2021) - start a side hustle for additional source of income
6:29 Phase 5 (2022) - live life again but stay blind to lifestyle creep

📚 Favorite books
I will teach you to be rich by Ramit, Sethi

The Little Book of Common Sense Investing by John C Bogle

You are a Badass at Making Money by Jen Sincero

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How to save 2 million for retirement (how long will it take, will it be enough?)

What I spend in a month in my 30s

💌 Business inquiries

🎶 Music
All my music is from Epidemic Sound

FTC: I am NOT getting paid to make this video. Some of the links above are affiliate links which means I can earn some commission. You don't have to use my link, but if you do, it would really help my channel!

Disclaimer - This content is for educational and entertainment purposes only.

[ProsperityGrowthPower]

Budgeting a specific amount for each category is a game-changer! It adds structure to your spending habits and prevents unnecessary expenses. The emphasis on practical categories like groceries and household items reflects a thoughtful and strategic approach to financial planning.

[imWillJ]

In one of your earlier videos you asked for video suggestions so heres a few : grocery haul, top 10 favorite movies, and ways to stay organized 🥰

[autobotdiva]

tried to tell my 22 year old about getting $100k but listening to naysayers! were on year 4 and next year its time to move out and pay rent somewhere. hardheaded.

[Chak]

I did all of the same, Paid off a similar amount of debt in a similar timeframe and got a job that pays about double what I was earning previously.
Unfortunately its very hard to save $100k when you get a wife who is a net drain financially.
Don't get me wrong I love her, But my biggest financial advice would not to start a relationship with someone who "Needs" to spend and "Cant" work lol

[prem]

Great Video Elise!
Do you edit them yourself?

[rhealisa]

Thanks for the videoo!! How did you first find clients for your side hustle/business?

[azngettoone]

I had 121k in student loans and make 80k. Did that in 10 years