10 Modern Money Saving Tips - Spend Less & Save Faster

How to save money, starting today, even on a tight budget.
In this video:
00:12 - Stop doom spending
2:40 - Stop budgeting
4:34 - Clear debts
5:40 - Stop spending to look rich
6:57 - Save aggressively once a month
7:47 - Strike a balance
8:48 - Do it yourself
9:37 - Borrow don't buy
10:26 - Be adaptable
11:10 - Be content

Tools I use 👉

DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you.
I’m not a licensed financial adviser. These videos are intended for educational purposes only. No official financial advice is being given. Please always check with a licensed professional before making any investments or financial decisions. Your investments are your sole responsibility, and in these videos, I merely share my own opinions with no guarantee of gain or losses.

[ryanwilliams]

It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.

[kleinereverie]

Totally agree regarding setting a budget - I never budget, but I save and invest at least 60% of my monthly salary as soon as it comes in and do the other things. I don't like the restrictive feeling of a budget and have done just fine.

[kdsworld]

Personally I use dollars but not USD and I don’t mind you speaking pounds. It’s your currency and people should just apply it to their currency. For instance the maths is the same 10+10=20 regardless of currency.

[monica]

I recently got another job and decided I have to get my finances together this year. I put money away for emergencies and the next month my guinea pig needed an emergency vet appointment. I’m so glad I had the money.

[ItsKarla]

What a great video, I just discovered your channel & I’m loving it !

[veesvoyages]

Great advice, thanks so much! I like that this advice isn't the usual samey stuff you hear from finance channels and its more achievable too😄

[misseyespy]

Yes thanks u so spot on doom spender lolol thanks Vicky ! Love that one week a month I give it a go!

[shays_creations]

In two months, I will be debt-free. I plan to save $150 a month for the long haul. I pay every cent extra to my bills for the next coming month. I am almost done with my three main bills. I still add a little to my savings.

[dpayne]

Budgeting is not how to save money, it is how to spend money. One of those expenditures would be savings (assuming you do not have debt that needs to be cleared). I know budgeting can be very helpful in spending your money on your high priorities (both needs and wants), but only if you budget the money you actually have. Projections are just that, projections.

[lxrjdwd]

Love your videos thanks from new Zealand

[mae]

Wow, all these comments about dollars vs. pounds. 😂 Who cares! I like your content, could care less about what you call the money-- keep making your videos!

[snapdragon]

The one thing that has made a difference to me is creating sinking funds. So much easier to do now banks like Kroo and Monzo have pots to split savings into sections

[verenamartini]

I need to make my budget and stick to it because I like to have a clear idea of ​​the expenses that will come and the savings that we want. I apply all your other advice of course. All this allows us to have a financial peace of mind, so appreciated. Thank's for sharing !

[saradylan]

Great video as always. I love your enthusiasm ❤

[marymacey-brown]

Wow 😮 what a fantastic video. I am that person you describe, the doom spender 😢 but trying to change habits and build up some savings. Thank you for this content.

[sct]

I curtail purchases, just stop buying. Fear of homelessness is real.
Even with food, I have became picky. Bake from scratch, eat fruits, vegetables, seafood, a bit of chicken, brown rice, whole wheat pasta, cheese, cottage cheese, yogurt.

[lenebellaw]

Fantastic Video and it speaks to me about my journey! It shows flexibility and this is quite refreshing!

[aby]

Another very useful video, Thank you very much

[Tootcee]

Love the fact that £500 can accrue so much interest. I'm of an age where I'm trying to put as much as I can into my pension and I'm paying two extra AVCs as I only have 7 more years to retirement and unfortunately didn't consider this as a priority until a couple of years ago but I've also managed to invest another £100 a month as well for the last couple of years and its averaging between 7 & 8% so far. It's scary when the rates go down but so far I'm holding my nerve and long-term it seems to be paying off.

[sl]

Do you have any low income/disability income videos? Your advice is very helpful and I’m happy to say I’m doing these things already, but now that I’m disabled, every penny needs to be stretched 20 different ways. Advice would be helpful!