How to save money on minimum wage - 12 Saving Tips

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Saving money is a crucial aspect of living in this society. You need to save for rainy days, medical emergencies, retirement, I could go on and on. It may feel stressful and futile to try and save when you’re making next to nothing but don’t be dissuaded. There are small steps you can take to build a respectable savings account. So follow along to learn more. Enjoy!

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#Save #Minimum #Wage

⏱ Time Stamp:

00:00 Introduction
00:33 High-Interest
01:10 Expenses
01:37 Free Money
02:26 Side Hustle
03:04 Budget
03:38 Bank Fees
04:15 Health
04:37 The Money
05:02 Family
05:22 Pride
05:50 Automobiles
06:10 Change Jar

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Комментарии

My side hustle is staying with my parents rent-free and helping them out with the chores. Quite lucrative.

AndroidCovenant

For the “Change Jar” the bank I’m using has the round up feature so I have a “vault” dedicated just for change it’s crazy how fast it adds up.

MichaelJSNeves

A *_household book_* and a *_side hustle_* next to my normal job, these are the pillars on which I build my wealth.
Awesome *_video_*, thanks for your hard work.

Financial-Education

Move to a cheaper place including moving to high crime Area 😊😊😊

Insiderthought

I already save 24 trillion dollars on my savings account 😊

Insiderthought

If you are working a minimum wage job, there are a few things you can do to save money. One way to save money is to live with roommates. This will help to split the cost of rent and utilities. Another way to save money is to cook at home instead of eating out. This will save you money on food costs. Finally, you can save money by using public transportation instead of driving. This will save you money on gas and parking costs.

MoneyInvestHub

I am working all the time on cutting back on expenses. I found out recently that someone has been stealing water from me. My water bill has been gradually going up every month. I checked and rechecked my meteor for possible leaks. Last month they went wild! My water usage went from 950 gallons in previous month's bill to 2, 464 gallons this month's bill! I bought outdoor faucets locks to put an end to this theft.

reachthestars

I bought 4 properties on minimum wage. I was financially independent after the first 3 properties.

Like you said, I refinanced my credit card debt, worked 80 hours a week and spent nothing. It took me 2 years to save the first deposit for my first rental. After that, the rent meant it took less time to buy my second property. Then rinse and repeat.

Great video mate

StupidIsTheNorm

Many who make minimum at least 90% of income is on basis, there is no 50/20/30. I did okay in life, but harder for young people, all is way expensive, even the basis. But you can get roommates even if you sleep on a sofa and safe, if young and able to live rougher. If you have children young, will be extremely difficult to save..

eeenyc

Which of these saving tips actually work? Has anyone tried any of these and had success? Great video btw!

richfinance

How to save money by watching our channel too 😂

InvestToon

good advice. I recommend the book, 100 Ways to Save a Dollar without Lowering Your Lifestyle by John Stilwell. It walks around a budget and gives a ton of ideas how to pay less for what you get.

magic

Rất hay em ạ! Ko thể đem 0, 01 vàng đi mua thịt, còn tiền fiat thì in ra vô hạn. BTC ĐÁP ỨNG 2 tiêu chí này:
- Có thể xài như tiền khi 1BTC được chia ra 100 triệu Satoshi.
- Nguồn cung lại khan hiếm tuyệt đối 21 triệu (chưa tính 6 triệu theo thống kê đã chết)?

TriNguyenAnh-bifk