How To Save Money On Low Income (Money Saving Tips)

These are some ways i saved $25,000 by 22 while earning a low income.

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[GabeBult]

What tips helped you save money on low income ?

[katrinm]

Live the Life Nobody wants for 5 years to live a life Nobody can for 50 years. This Sentence keeps me on Track :)

[DonaldMark-nese]

Everyone’s been preaching investing lately as a source of passive income but with a 70 hour  weekly jobs and limited knowledge of financial instruments, how can I actually stay on top of things, I see every YouTube video saying BUY BUY! But when and how do I sell for profit at the right time?

[susan]

I had a big awesome career which demanded working ~ 60 hrs/wk. I did it because I loved what I did. So I paid people to clean my house, landscaping, beauty services, food services, eating out etc. Than I retired…. and with the guidance of great videos like yours Gabe, I have now taken back all the things I paid others for, and I’m loving it. Yay!

[s.]

Working a job you hate may have been a motivator for YOU, but for others it is a motivation sucker. What motivates me is doing what I can to KEEP myself from having to work a job I hate. Might want to consider that angle as well, but thank you for your good tips and advice.

[gibsonmorgan]

Success seems to be connected with action. Successful people keep moving. They make Mistake but they don’t quit... As the economic crisis keep rising, we literally need to have different streams of income. The crypto and stock market has plenty opportunities to earn a decent Payouts with the right skills and proper Understanding of how the market works.

[ylanarose]

I’ve been working the same job for 23 years. I no longer enjoy my job so my main motivation to leave sooner is to pay my house off in five years! Another year and a half to go.

[jpch]

Being super poor sucks...I'm working 12 hours a day and saving like crazy to invest but on the downside, you will skip so much, and feel like you're not living, you're surviving :(

[MsLinaPeanut]

I never thought saving $1k a month was possible. but in 2020 i paid off 20k in debt after getting a side hustle and cutting expenses. now, i budget and have temporary still cut off expenses that I do not count as a necessity and I CAN save $500/mo. Starting next month will be the first time I will be able to save $1k a month and I feel so accomplished and proud of myself. I have less worries especially when emergency items come up which have (vet hospital bills and car deductible). Love watching your channel to keep me on track. :)

[jjharrison]

We subletted while in Chicago with the permission of our landlord and this was an awesome financial move for us. It was hard living with someone else at times (plus our three kids) but we’re so glad we did it to get ourselves ahead. The person really needed a place too so he was very grateful.

[Finleybrayveiwing]

"Dont do what others do and expect the same outcome" that keeps me going

[CourtneyRobinson]

It really is the little things that add up. People often argue over the latte factor, however, there are many ways to save $1 daily but only a few opportunities to save a $1000 quickly.

[ClutchingPearlz]

The biggest thing for me is cooking most of my meals. Not only is it more healthy, but the savings are huge.

[angelnicole]

I haven't worked a 9-5 in 2 years. I started side hustles and passive income to where I had multiple streams of income. By the grace of God, it's been 2 years of me waking up and doing whatever I want while making money in my sleep. Time freedom...its everything.

[lovelifebudget]

Thanks for another great video! I like how you were able to approach the topic of being on a low income in a relatable way. Great tips as always.

[thestorygirl]

excellent video, Gabe! I like how you don't sugar coat and address the inaction so many of us face! Tightening the belt is never easy but for people like me, I love a challenge and if it is short term I feel like I can bear through most things! So true that the anticipation of things is almost as pleasurable as the thing itself.

[breec]

Yes!! I just started working at McDonald’s and I love my job but I was looking for ways to Dave my money on such a low income! Thank you for this video!!!

[MorganMunday]

Having 8 kids makes saving a little tougher but not impossible. From the time we started getting out of debt until we were officially out of debt was 6 years! Not a quick journey for us. You just have to go slow but stay focused! So many sacrifices. It was incredibly hard but it feels so good! Looking back I am so proud Of our family for that time. Stick with it. You will be so proud of yourself.

[sandysaunders]

This has been your most helpful and, in my opinion, your best YouTube video since I started subscribing. Thank you for your great content.

[happy_bubble]

We save so much money by having 1 income, too. Family of 4. I homeschool and manage the house. He work full time. Buy used when you can.