How To Start Living Below Your Means | Clever Girl Finance

With the right money mindset, budgeting methods, and financial planning, you can quickly begin to live within your means. In this video, learn how to create a financial plan to set yourself up for financial success and resist living above your means.

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[nogaaalovely]

My mom died 6 months ago and my dad a year ago. I decided to sell off evrything and pay the debt I have left while building both my savings and emergency funds since I plan to move in a year.I start meal prep all meals, no shopping, use what I have and plan to live a stress and clutter free life. Thankyou for this awesome video

[kiaharper]

Listen, y'all.
I had a physical breakdown when I FINALLY sorted through my finances l. Just for the minth of March, I spent 1800 on "bull shit" spending. I kidd you not.
I cried the entire day...then I began to write a goddamn budget. Could you imagine 1800 bucks invested?! Im disgusted, but now I'm intentional about becoming frugal.

[treluvstrees]

Great video! I have always been a saver and more frugal but it is easy to fall into a trap.

My biggest tips:
1. Before purchasing, walk away and give it a day.
2. Eat the kids meal! The portions and the price are less when eating out.
3. Keep a healthy snack in your car. I cut up veggies for the week, throw them in a little reusable baggie, and keep in a little cooler bag in my car. No stopping for fast food. And my waistline thanks me!

[CameronFussner]

These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.

[janetolabode]

I started living frugally since January. I also stop buying clothing. I shop inside my closet. I plan to assess my finances in June.

[candy]

I paid off my car two months ago and it feels like I got a raise 😅 I use the extra money towards paying down my last debt and saving. I do zero based budgeting and the cash envelope method and it’s a lifesaver. While I’m being responsible with my finances I make sure to set aside money for fun experiences like going to the movies, concert, day trip out of town, etc. I wanna live my life too

[tiffanyjohnson]

All of my extra money goes on eating out. My kids always want to eat out even though I do cook. But I’m making progress bc I’m making them eat at home more. I haven’t been shopping 🛍️. I will start saving more with each paycheck

[naijawife]

I remember when I went to college in 94, my aunt lived in the city that I went to college in and I arranged to stay with her until my housing came through, I moved early because I worked at target and they agreed to transfer me to the new city…..this aunt was known to have really nice things and lived really well……after a while I noticed that she didn’t want me to answer her phone (cell wasn’t common yet) anyway she was being harassed by bill collectors…..I could tell she was MISERABLE but she was ALWAYS buying stuff….mid forties/single/child free……one day I casually asked her why she lived so far above her means….she didn’t understand what I meant……I eventually shared all of the financial knowledge that I had gained from ready books on budgeting and planning….i heard her on the phone telling someone that she had never heard the term “living above your means” and how smart I was ….etc… but she didn’t take my advice😂😅

[AMERILOGIC]

People think I'm rich, I'm not I'm a GOODWILL shopper. I drive an older car, no car note. We can do this.

[JoJo-iesl]

It takes time to get the hang of it, cutting down your lifestyle. But its so worth it.

[ahnobiahnobitok]

I like the part where you say to write down where your mind was at, when making transactions. Because my impulse buys stem from sucky moments.

[lindiemoon]

I am not the target for this vid, but still so helpful. I live below my means, in fact worked very hard to live so frugally that we paid off mortgage last year. But I realised while watching this that the strange “off” feeling I’ve sat with since going debt free comes from having a lack of a financial plan or goal. For so long the only goal, the only plan was paying off our mortgage ASAP. I don’t know now if it’s about focusing on retirement fund now or something else or several thing, but you’ve given me some food for thought (and a revelation!) thank you

[latashas.]

Reducing eating out, paying off Klarna, no shopping unless necessary for a particular item, paying off credit cards

[elaela]

Paying everything cash helps a lot. You know what you have and what you can spend! I took a new job to pay my house debt and haven't seen the sun in 2 years, but used that and 1/3 of my normal salary for my payment (it was only 1/3 of my house, I already had the rest) and did the same for new construction and the interior of the house. Debt free in 2 years! WE CAN DO THIS!

[arthurmantzouris]

I'm debt free. I live below my means. I eat out once a month. I use my food saver to help me to keep my food from getting freezer burned which helps me to save my own MOLLA!! 😊😊😊😅

[spatty]

Yes, this advice works. I lived below my means, saved and invested while my kids were in school. After they graduated I splurged on everything I wanted. New "used" lexus, trips, and dining out.
I still save and invest @ 20% of my income. Set up the investing (savings) automatically each month so I don't miss it.

[scrubbingoffinternet]

The dehumanizing feeling of being and feeling poor is so hard to overcome to stop overspending.

[taurahelms]

I'm selling some of my antique and vintage items this year. I'm friends with a person who attends estate sales.

[cusozsb]

I don't go on holiday, or buy big ticket items, or go out to eat, or buy take aways. I just don't have enough money to get to the end of the month. Things like changing the light bulbs or brakes on my car have become a crisis. That's the reality. At the beginning of the year I did that thing where you save 1p more every day. After three months I have saved £42.77. Last month I had to borrow £10 from it. That's the reality.

[caratslyfe]

Why do I find her voice very calming? Sorry I didn't really paying attention right now about the topic but her voice really calms my mind right now. Thank you