How to Save $10K FAST in 2024!

This is how to Save $10,000 FAST in 2024! It really comes down to breaking down the goal and approaching it at a smaller scale. Slowly, bit by bit, you'll accumulate savings as you make tiny lifestyle changes.

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PS: I am not a current Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for & they help support the channel!

Timestamps:
0:00 Intro
0:24 Break Down The Goal
2:12 Reverse Budgeting
5:07 Pay Yourself First
7:35 Increase Your Income
9:29 Saving is Better Than Earning

[cdhxAmity]

i just reached my 10k savings last week

[DGregster]

No more debt (paid off my car, credit cards), saved $10k, and invested another $10k into index funds - all in less than a year and a half. If I can do it, so can you!

[nicolasbenson]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[Angelinacortez]

As someone passionate about investments, I often contemplate the strategies and paths that enable top-tier investors to amass wealth in the millions. While I possess a substantial initial capital, I am uncertain about the specific tactics or avenues that would facilitate achieving gains exceeding $400k, similar to those achieved by several others this season.

[RazrSharpProductions]

At work (I work on a remote project), all our water is bottled. I would collect my drinking bottles throughout the day. My colleagues would mock me for it, but they also gave me their empties, so the mocking never got to me. Once a month id take the empties in on a day off and get $20 or so. I looked at each $10 as either buying me a day of retirement or creating ~3 cents a month in passive income for me. It isn’t much but it’s money I wouldn’t have had if I didn’t collect them.

[EhsOfBass]

This is great advice, I have a full time job and do Uber part time. Going forward in 2024 I will put away about $30 a day from my Uber earnings to have a better savings.

[markgarcia]

2 years ago I made 100k and spent 100k and accumulated debt.

This past year I made 113k but paid down 48k in debt, stopped eating out every day, 0 shopping, 0 gifts, occasional cheap dessert and date night.

I feel much more accomplished and better about my self now compared to when I was “living the life”

[spleenfeen]

Dude this stuff should be taught senior year high school. What a difference this knowledge can make early adulthood

[ZackSeifMusic]

I learned this from Gabe Bult in 2022 and made it work for 2023! Was able to go from almost broke after a car accident to back on track and then some.

Your videos have been a massive influence as well, and every time I see a topic covered by more than one channel, I know that there's probably a good reasoning behind it so I will watch it anyway. Sometimes reinforcement plays a big role in human psychology and how we act upon seeing more than one person achieving results using the same method.

[jgnmtz]

Love this video ! One practice that has saved me 10’s of thousands over my 40 yrs living on my own is how to buy goods in specific ranges . I shop for non perishable goods at a price of $ 0.28 - $ 0.32/oz .. during the pandemic this became almost impossible. But recently I have noticed the range is coming back down . I also buy things we use rapidly at home in bulk at Costco (which saves about 30% over the cost of typical retail ) . I am currently on phase 2 of my ‘Dave Ramsey ‘ snowball debt payoff . My car was paid off in early December 23’ . I will be contributing the max in my IRA for 2023 by April 12th, 2024 . I also want to save $10k for this year 2024 so this will be a great challenge . $833/months. Is totally doable if I budget weekly savings of $208.50 .

[GabeBult]

Makes it seem much more attainable when you break it down like that 💰

[jennaolson]

Can you please make a video for the vast majority of people who work a full time job for less than $35k/year? I’m debt free and living stably, just wanted to hear your thoughts and advice for others

[manoloprpr]

I spent $84 at Five Guys on a meal for 4 (2kids/2adults). Not going back!

[Pursuitofhealthwealthhappiness]

PERFECTLY TIMED VIDEO - Hello from Bristol, UK! I have just written down my GOALS for 2024, 1 x Health, 1 x Wealth and 1 x Happiness goal and my wealth goal is to save MINIMUM £10, 000! WAHOO!

[aaronquadd]

Kiyosaki states: Pay yourself first, if you set aside money for yourself in a savings account that is difficult to withdraw.
2nd is pay off your debts. If you've already put money in savings and then paid off debts then you'll be forced to be frugal with the rest of your money.


I make around 70k and put 1/3 in my 401k then put another couple hundred in savings. After that is my rent.

The money I have left over is more than enough for groceries and eating out and any other personal expense.

[Generationcomeback]

My wife and I hit over 33k this year to the house fund and hope to save 50k for the next two years to put a 20 percent down payment on a small house

[maximilianl]

Smashed the 10k € about 2 Months ago. Got to it in about 6-8 months. Feels great!

[astretcher]

Thanks Humphrey for another banger! Much WOW! Look forward to continually saving more and putting that cash towards the principal of my mortgage as my renewal is rapidly approaching.

[AlineBoff]

Thank you. I just remembered I've been paying for some unnecessary subscriptions. I decided to cancel them and now I am spending $103, 70 less per month!

[ftNaturalBeauty]

I have save this x 20. I rarely eat out, I have a mortgage I don’t rent, paid off my under grad and grad degree years ago, I do not party, I do my own hair and take care of ALL of my beauty needs and the list goes on.

However, a lot of a
Americans do not even take home $4000 a month.