How To Budget And Save in Your 20's | Tips and Tricks

[@bujowithzozo]

"don't save what is left after spending, but spend what is left after saving." SO GOOD!!

[@TheIrisProductions]

it’s obvious that you guys have no clue about asian households

[@HaroonAshrafofficial]

Ha ha

[@izabellaadriana4548]

Most successful people started from nothing. They didn’t wait for the opportunity to knock but created the opportunity on their own by working hard. Thankgoodness i found Mr carlos kingston a pro forex trader, now I have been trading with him for about 7 mounths now and I earn up to $15,000 weekly. i guess this is the epic start to a new chapter in my life. I just feel like more evevryone should be made aware of this opportunity, feel free to contact him @carlos_1uptrades on Instergram his indeed a genius

[@adedejiadeleke1231]

After i lost the only job i had, i became worried all day and night hoping for an opportunity like this to come in my life, i have faith so i didn't give up because i know i will testify one day about my financial status again i didn't know my blessings will come like a dream to me and it came to pass with the help of @Carlos_1uptrades on Instagrāmm, who helped me earn $12k through binary options trade

[@jayjacobo5430]

@@TheIrisProductions I don’t do please let me in on the secret lol

[@rachellyfish6320]

I love the saying "you can either look rich or be rich"

[@HaroonAshrafofficial]

True

[@kasarustica4005]

ok! this is awesome!!

[@IncreasedIQ]

Brokie

[@martadocon]

Really love how she doesn’t promote the overspending culture that most influencers fall into 🥺🙏🏼

[@kasarustica4005]

ok! this is awesome!!

[@SAHARSETS]

@simplymander

[@jeejece]

"save money and money will save you"

[@JazminBautista]

Now that is something I could agree on

[@afrazahmad2126]

Not only save money but also invest money

[@Cooper1234Daniel]

There needs to be more financial literacy taught in high schools, everyone should know these things!

[@ElenaTaber]

I could not agree more!

[@TyanaAshleigh]

I completely agree! I just graduated from highschool and will be turning 18 in a few weeks and I feel as if I’ve been thrown into the world without a true knowledge of how to manage my money! And I also have no idea how to do taxes 😭

[@HadiaChaman]

Along with know how on taxes, how to buy a house and so on. 😉

[@aaliaahamed2718]

absolutely! since it's not taught in schools, do you think young people would be interested to pay a minimum and learn financial literacy from an expert?

[@aaliaahamed2718]

I'm 21, I've been teaching financial literacy for free in universities, but can't sustain myself, so really want to know if there an interest from young people to pay for self-development like financial literacy 😀

[@NicoleMargot]

So glad to hear someone mention that over-consumption of fast fashion isn’t necessarily a good thing. I love a haul as much as the next person but it isn’t realistic or ethical to constantly be spending that way!! Loved this x

[@ellemariea2620]

so true

[@nancyzheng6184]

exactly my thoughts as well!! love it :)

[@ISwearToKira]

I used to be really bad about spending, especially on art supplies or eating meals out. after I actually started saving and budgeting myself, I'm honestly addicted to saving money. it's NICE watching the money grow and knowing it's there for emergencies or a small splurge.

[@HitomiMochizuki222]

I'm re -doing my budget today and watching this is motivating me SOOO much

[@ElenaTaber]

Hell yes! Love and miss you so much🥺❤️❤️❤️

[@jpocket7330]

It pains me that the 50/30/20 rule has never been realistic for me. Rent, utilities, and health insurance are 75-80% of my income and I even have the best job I've ever had. It's tough out here.

[@J_Kwan]

Idk where you live (I understand high cost of living, I live in Sydney Aus), but look into rent hacking. if you can find a way to sublease (even if it’s just a room) you can seriously offset rent costs 👌🏽

[@johanabi]

I feel like! I live on the west coast of the US, and I don’t even buy extra things. I only buy what I need and food, and it’s still impossible to meet the 50/30/20 rule

[@emrysam]

Same. You're not alone!

[@kasarustica4005]

ok! this is awesome!!

[@idkmybffjill.]

Came here to say this. Everyone said having a bachelor's degree would help us get a good job and be able to afford to live a comfortable life...nope! Not when rent continues to go up every year and you have 300+ dollars a month in student loan bills, yet income does not increase.

[@phoebealdrich8146]

I’m 13, but I just got my first summer job, and Elena came through with the exact content I needed!

[@michellereames1680]

Congrats!! 👏🏻👏🏻 Good for you starting to work young - I waited until after high school to start working but wish I would have started working and saving earlier. Keep an open mind and you will learn much and grow much. 😊

[@christine7684]

i really want to get myself a part time job but that's not really common in our country and considering the virus going around 😭

[@angelaluo748]

first job at 13??! lucky! im 15 but nothing around hires until 16

[@random_m5583]

@@angelaluo748 im 13 too, but here you have to be 18+ to do basic jobs..

[@inconspicuous9397]

Cool! I’m about to turn thirteen! I’m hoping that I’m able to get a summer job this year because I can do more work online since I’m stuck at home during Covid

[@abbiegrier207]

the cash envelope trick and being careful around those who don't spend or save responsibly: SO wise!!

[@elisabettebasile5967]

Monzo (an online bank) does cash pots which are lowkey like the cash envelope trick but online :)

[@bryanna7017]

@@elisabettebasile5967 how do you do that?

[@elisabettebasile5967]

@@bryanna7017 Make an account with Monzo on your smartphone through the app and it should explain how

[@christinefindorff5328]

Cash envelopes are great for people who are “spenders” and tend to overspend on credit cards! If you have the self control to use cards minimally and the discipline to pay it off each month, then that’s great, but if not then cash envelopes are a good option.

[@emilylagan7652]

I really loved your point about how influencers can sometimes promote over consumption. It’s so refreshing to hear from an influencer!

[@HadiaChaman]

I tought the same. I would love to see influencers actually sell What's good for people. 💓

[@samuelnlimon]

This is so great! My wife and I are working on paying off all of our debt. Our rent is about 20% of gross income, and we've stopped all non--essential spending! Projected to pay off $120,000 of student loans in under three years! Budgeting is a life saver!!

[@brendaseixas2140]

This is so important to be talked about. I'm very impulsive with my money and I never save it, there comes a time when I really need it and I have nothing saved. And what you said about comparing yourself to others is very real, I always spend more when I'm with a person who has "a lot of money" because I think aah it's okay, just today. I loved the video, and now I just need a job to apply it hahaha

[@Yaya-sz1ef]

tip my dad told me: teenagers (aka me lmao), if you get a summer job or something to make a little extra pocket money, take your paychecks and keep a certain percentage (i split mine 50/50) for pocket money and put the rest of it in savings. this money can be used in university for groceries, essentials, pocket money, etc. you don't wanna be working and studying at the same time for stress reasons and other things!

[@tris7152]

I wish. A lot of people have to work and go to university.

[@jourdanhamme3426]

As someone in their 20s, I feel like what has been easiest for me when it comes to a budget is asking for help over time (adding a new expense to your "What I'm Responsible to Pay For" list each in each step of financial development, but not being disappointed in yourself when you still need help from your family) and making your emergency fund and budget after the first month of a new job (and readjusting the budget to the lowest monthly/ weekly/ biweekly average wage).

[@flo7238]

my older sister still lives with us right now because of the pandemic. She's using this time learning about financial education and how to save money. It caused me to look at your videos. She's really smart (engineer) but we have never had a more advanced financial education and she says seeing a woman close to her age talking about money really helps with the budgeting/debt anxiety because of college. Thank you for your videos Elena!

[@elenataber8874]

+ 1 . 9 1 7 .2 7 2 .0 1 5 3📉🚀 🇼​🇭​🇦​🇹​🇸​🇦​🇵​🇵​💬📲

[@elenataber8874]

Link up

[@angeliee]

i definitely need this video after shopping online a bit too much this quarantine 😅

[@lattesdarling]

COMMENT TWINS!!! Literally said the exact same thing😂😅

[@angeliee]

@lattesdarling AHAHA i feel like this is such a common experience for people 😆 unfortunately.....

[@HaroonAshrafofficial]

Right

[@HaroonAshrafofficial]

lattesdarling ha ha

[@margaridapereira3168]

U don't know how happy am i for seeing that someone really talked about real life organization. Money is a subject that should be introduced to us and it's not in that many contries, so making this videos instead of just showing off "summer hauls" as you said it's a really big deal. So thank you. Much love for u girl!

[@emmageorge3728]

Investors looking for steady and consistent returns should consider growth stocks, a handful of stocks have garnered consistent, positive returns without wild changes in value.

[@noelstout3056]

Stocks is no doubt one of the simplest forms of generating passive income. I’m focused on buying top stocks breaking out past correct buy points.

[@kelvinjohnson3906]

Not every is able to identify lucrative positions to earn from, Investing is a marathon.

[@Nadia-os2lu]

"Financial literacy + responsibility = freedom & empowerment" is so, so true. I've been on both sides of the coin- not even thinking about savings pre-2018 -> starting to educate myself on financial literacy and budget/save/invest, and the latter helps me feel much freer longterm. The smart financial decisions I made in 2019 (ex: emergency fund) have really been helping me during shaky economic times in 2020. Thanks for another great vid!

[@financiallylitwithmargaret5118]

"Financial literacy + responsibility = freedom & empowerment" Yes so important! My story is very similar to yours. Educating myself was a game changer with my finances

[@pauladc967]

You should share your Excel sheet outline ! I definitely need to get organize with my money since I just got a well-paid job :)

[@metallusmelandril7380]

Ballllllllin :D But yeha it’s important And I know SO MANNNNNY that are not well organized

[@brittanyland836]

You can’t just rely only your salary, you also need to diversify your streams of income

[@brittanyland836]

Am a physician, am been paid well but I can’t just rely only on that

[@brittanyland836]

Which is why I also invest on Cryptocurrency

[@brittanyland836]

You need to diversify your streams of income either by investing on stocks, forex or crypto currencies. All this are platforms of earning a passive income

[@bujowithzozo]

i also learned that your rent should never be more than 50% of what your income is!

[@ElenaTaber]

Yes that would be definitely putting way too much money on something that has no return on investment

[@robynmitchell1992]

bujo with zozo in principle yes, but if you are early on in your career then sometimes even a house/flatshare is more than 50% of post-tax income

[@thbmaples]

oh shit I earn around $800 per month and my rent is $580 😂

[@andreiasillva95]

Clearly that's not a reality here in Portugal. Minimum wage is 600€ and you basically can't afford a rent on your own because that's basically the price for a one bedroom appartment in the big cities!

[@GabrieleMBest00]

i earn about 1000 a month and the cheapest rent is 700 maybe 650 in the countryside but i dont have a car and if i did the cost to keep it wouldnt be worth it

[@Eva-uz4rw]

This Is really useful! I’m not actually in my twenties yet 😅 but never too early to start being smart about saving! 💗

[@robynr4271]

I'm really glad that I was able to have such a good high school economics teacher. I just graduated and I've never had a job before, so it makes me excited thinking about how I can budget once i get an income.

[@MaddieCassidy]

saving money gives me so much more satisfaction than buying things! i know i will thank myself in the future (and i feel so guilty whenever I buy things lol) love your videos so much elena 🖤

[@danielachamorro8783]

I love that you do these videos!! 👏🏻 Something my boss suggested to me is to budget an amount for gas+going out+clothes+fun extras and take it out in cash every week on Friday. If it’s gone by Wednesday, then it’s gone and you can’t spend more until Friday rolls around again. Kind of like your envelope idea :)

[@kashishkukreja5904]

Elena please if you can then make a video on self care not the surface level ones but how the journey has been for you and your two cents on it, as you have traveled a lot and have seen the different facets of all cultures and how beauty is perceived all over and how it affects your social life and all about confidence.

[@srvsutaresuta5137]

The only financial literacy I've ever gotten has been from Graham Stephen's channel. It is really nice to get advice from people in other fields and niches. This was a breath of fresh air.

[@carolinekemp7920]

as the daughter of a financial planner, it’s music to my ears to hear you talk about having a ROTH IRA 👏

[@HazelAsoy]

Save before you spend! 😊 I started saving this year, and my savings helped me survived during this pandemic.

[@cariwalker7549]

I am 30 and have been having SO much anxiety over budgeting but this has been SO helpful! Thank you so much! ❤️

[@matildeleite5117]

This video inspired me so much to not spend all my money I have right now with the clothes I want and instead save it for like when I’m 20 to make the trip I’ve always wanted with my friends. Thanks Elena to convince me to choose between clothes or the future ;) i guess I’m never going to ask clothes/ dining out or future plans

[@Niesh2k10]

I like that you touched on youtubers and their impact on consumerism and just buying buying buying. Sometimes I have to unfollow youtubers who are pushing so many ads because it’s just so much.

[@hayhay1666]

Can you do a video on tips on how to avoid fast fashion and leading a more sustainable life in general? You’re a sustainable icon to me 😅

[@DreamerTomlinson]

You should check out Sedona Christina’s channel. She’s super into this and very accessible/realistic x

[@safaeelmadiouni2137]

Maybe delete your social media. Social media is all ADS. And will make you want to have more

[@harrisonjamie794]

When the market goes down then it's buying opportunity. If the market goes up then you are making money. If you stay invested and ignore the market's ups and downs, you'll make a lot of money in the long run; however, a severe market correction causes a lot of margin calls and sell-offs, driving the market even lower. currently, I'm up 13% in my diversified portfolio. As crazy as it sounds some still make enormous returns from this seemingly unknown market. gotta be greedy when others are fearful

[@raychristopher7797]

exactly what I'm personally planning on doing now the market is down, but I have no idea about stocks to buy or what assets that would yield the highest potential and so on. Your portfolio is freaking awesome, you seem to be doing well yourself. how do you select stocks you invest in?

[@harrisonjamie794]

@@raychristopher7797 I have my portfolio very well-diversified, though I did it using trad signals from a US-regulated broker *PRISCILLA DIANE AIVAZIAN* financial analyst and CNBC contributor and it's been a huge relief. Good earnings and little to no engagement at all on my part. Her stock picks are top-notch, I don't worry about market trends anymore because she's quite the genius in trading and portfolio diversification

[@raychristopher7797]

@@harrisonjamie794 Do you mean copying her trades as it's been done in Etoro? Do you just give out your funds or copy them manually?

[@harrisonjamie794]

@@raychristopher7797 Exactly, most people get it wrong trying to profit off of every move the market makes. Chasing gains is like chasing losses for gamblers. Buy good companies at a good price and watching paint dry is the best advice I can give. Long-term investors know that the market and economy will recover eventually, and investors should be positioned for such a rebound.

[@raychristopher7797]

@@harrisonjamie794 Please, how do I connect with your financial planner?

[@twicelands]

I’m a jobless student and I’ve spent over $3,000 on kpop in the past 3 years. I regret a lot of my decisions 😀 but now i’m watching these to try to get better with money :c

[@PS-fk5zv]

Maybe u can get some money back by selling those merch (:

[@twicelands]

@@PS-fk5zv yesss might be doing that! ^-^

[@emilyr8668]

elena! please make more finance videos, its so nice to hear this from someone whose a young woman too but even more so in a format that's not super intimidating haha

[@sophiacastano7501]

What you discussed in your last video about rent really stuck with me and when I had to decide between a nicer flat and a more affordable flat I thought "Elena made a good point, I'll shall save!"

[@moahikarabo8183]

Really loved that you pointed how easy it is to be influenced by seeing your free or people around you spend and get tempted. I relate to that

[@emeeliana]

Elena, thank you so much for sharing your knowledge on finance. I didn't learn much in school, nor did my family ever teach me about it. I've been feeling lost, and wondering where my money has been going. I am 22, about to be 23 in March. Your videos have helped tremendously, and I aspire to be as financially literate as you one day. Much appreciation to you beautiful!

[@SamElle]

i definitely wish someone taught us this in school!! like i feel like this is more important than most of my courses at university

[@zitakries6265]

This video made me rethink the full cart of clothes I have in a shopping app that I've been wanting to buy, and I'm honestly very happy about it.. I didn't really need that much ☺️ Hope to spend that money later this summer if my travels can actually happen

[@colleenworrell8165]

this is super helpful. I was required to take a financial literacy class freshman year of high school, but I didn't pay much attention because I was still so young. now that I've graduated college, I recognize the value of saving/budgeting and building for my future. thank you for this video!!

[@InaRiley-f2t]

I love that you mentioned the unhealthy idea that influencers promote to spend and consume more than us healthy for people in general! That is TOO TRUE

[@sorevelink5144]

I’m so glad to see comments that everyone thinks they’ve started too late because even at 20 I think I’ve started too late but I’m glad we’re all on the same page to do better. I hope we all reach our financial goals whatever year you’re on (mine is 2022). It’s never too late, you reading this means you’re just in time 🥰

[@lattesdarling]

After online shopping today, really need this video😂😂😅

[@foreverchickadee]

Truly appreciate your vulnerability in sharing your wisdom with us regarding finances. I never tire of learning better ways to manage my money. In fact, I feel like we as a society should discuss it more often. It shouldn't be such a taboo topic because most of us struggle with it. Thank you again for this very helpful and insightful video!

[@jennadvue]

I just want to say thanks for sharing your finances. Lot of people are very private about it but I feel that this trend will help the self learn community a lot. Also, your hair looks amazingly healthy and the color is just stunning on you. Share your beauty secrets! :)

[@josuefilms]

well done for highlighting this, also well done on being comfortable about talking about money. it's such an important thing yet young people don't want to talk about it.

[@shotgunbunny]

I started working a new job and my first two paychecks went by so fast. I decided I need to start saving more seriously now that I'm 23. Prior to watching this I did start tracking on Google sheets and I was thinking about doing the envelope system like my mom suggested. I do need those stricter systems to shock me because I love to indulge T_T Great video and great ideas I'll take with me!! Thank you

[@Amy-po4km]

you're the big sis that I never had. Thank you for being a role-model Elena, love you!

[@HadiaChaman]

This month I actually used the 50/30/20 rule and it felt so amazing as I was worried it I would stick to it. Going well so far and I am defo sticking to this. 🙏

[@ElenaTaber]

Heck yeah!! I'm so proud :')

[@Cristina.Antoniuc]

Your voice is so soothing. I could fall asleep listening to it.💜💜💜💜

[@seriah1906]

50/30/20 is LIFE CHANGING. Started last July and I’m absolutely obsessed with how much I saved. Moving to London on a budget is no joke but it’s doable!

[@mariaescola3716]

I literally never comment on KZbin videos (I think it's the first time I have ever done it) but this content is so needed! Please keep making this type of videos!!!

[@MissDoktor]

Money is energy and financial literacy is super important! The easiest way to get off the band wagon is to compare yourself to others! Subscribed!

[@stepbysteptom]

The idea of taking out physical money is such a great idea. It being digital always catches me. Great video!

[@DesignerNerida]

Budgeting and saving is important, but also enjoying life in your 20's and 30's so having a balance is key. Save a % and use the rest to enjoy your self, There are things you really will not enjoy later on in life. I'm in my 30's and now wish I would have traveled more. Don't over save, look for ways to make passive income and invest.

[@brittanyland836]

My friend once gave me this advice which I did adhere to and am not regretting it

[@brittanyland836]

Passive income which I decide to invest on crypto currencies

[@brittanyland836]

Am a physician, I can actually say am paid well but I can’t just rely on that

[@brittanyland836]

I hardly have time for myself so I decided to invest through a professional cryptocurrency trader Mr Hector Wesley

[@brittanyland836]

He’s so experienced when it comes to stock trading, forex trading and also crypto trading

[@LegacyCreator_id]

Hey Elena, just wanted to drop by and say how much I loved your video on budgeting and saving in your 20's. Your tips and tricks were spot on and incredibly practical. As someone navigating through their 20's, your advice really hit home for me. The way you broke down the process made it seem less daunting and more achievable. I'm excited to implement your strategies and start making smarter financial decisions. Thanks for sharing such valuable content! Keep up the fantastic work!

[@angeliee]

this video was so so helpful, elena!! love your honesty and authenticity 💕 time to start budgeting 💸

[@ktkicker11]

This was so great, thanks Elena! I'm in my early 30s, but a lot of these apply to me since I'm not married, don't own a home and don't have kids. It can be frustrating to not feel as financially secure as my peers my age (I switched careers and had to start over), but budgeting is a great way to make sure I can still hang out and have fun with them!

[@SoftTourist]

I live by 50/30/20 and I know it isn’t achievable for all incomes but it has honestly changed my life for the better

[@sauminishah9069]

This is so amazing to see!! I’m 18 years old and this is giving me a great start to getting into my finances

[@hotlattewithoutsugar]

Well, I took a lot of business classes but they dont teach me stuffs like this. stuffs that are USEFUL for my future. love this vid

[@jettwashed]

one of my favourites is save your hundreds and spend your tens

[@heyyoo6260]

Love love love these financial videos of yours! Please keep them up! Everyone can and everyone should do this! Finance is a game, and everyone should be ready to play!

[@kellybrookshier3898]

i wish there was more info on how to budget and save when your income/expenditure isn’t solid? like as a teenager

[@Mckenziebum]

I have always just taken part of what I made and put it away. If i made $100 for work, then i would try to put down $10 or $20 if possible. Just anytime you make any amount of money take as much as you can and put it in a savings or wherever you keep your cash. even if it is a couple dollars, better than nothing!

[@jane9250-h5v]

automatic withdrawals are great!! Because it's a set amount of money and not a percentage of what you're earning, you can save ambitiously and create a plan for your short term/long term goals (ex: $200 a month for 3 years = over $7000 saved!). If you didn't make enough that month for the withdrawal, your bank just won't take it and there are no fees (double check this with your bank tho), and you can toss some extra money into your savings to make up for that month when you have it. I've never tried the percentage system but I imagine that works well too, if you take a percentage of what you earn out right away, you won't notice it, and you can save up bits of money easily.

[@linarose5556]

Mckenzie Baumgartner as a teenager, I get savings but what are we saving for?

[@blaze.eliana]

@@linarose5556 car, college, retirement, future housing, gas, etc.

[@linarose5556]

Ella S. Oh my I know that was only two months ago but damnnn I’ve learnt so much since then lol. Yeah I agree, at the time all that just seemed far away but the sooner you start the better I guess

[@asialanzi5471]

ughhh you're honestly such a huge inspiration for my little channel! thank you for everything gal

[@cryptosrus2209]

Thanks for commenting,I will refer you to my trade analyst and accountant for bitcoin other crypto and stock investment + 1 3 3 7 4 2 8 4 7 8 4 W.h.a.t.s.a.p.p Do well to tell I referred you to him,his strategies are top notch he will help you💯..

[@joygaroz7355]

in this pandemic situation ive been reading so many blogs about personal finances and that quote has come up sooo many times and the more i read the more i agree! thank you for sharing the content so many of us need right now!

[@ElenaTaber]

So glad you found it helpful :)

[@charlottekendall1953]

Thank you for this. I’m in my 20s and live alone and live pay check to pay check and this is sooo helpful . I had to move out quickly with no money behind me

[@berrybread7215]

back here again after a year now that i have a full time job!! i’m gonna get my finances in order as a gift to myself for the new year ~

[@hnafoust]

Subscribing because this is the realistic, educational, yet fun and interesting content I didn't know I needed!!

[@beastlyasainchika98]

Thanks for this video! I’m starting my first big girl job next week and I just curated an estimated budgeting following the 50/30/20 rule 😊

[@karachristopher3114]

Thank you!! I am 21 and in my last year of college and have been trying to figure out a budget for myself for now and into the future. This was amazing, you are amazing!

[@lealanglands3875]

"for anyone who doesn't know what budgeting is" to look at my bank account you'd think that I didnt 😂

[@tori5731]

I always get extra money it's not like I need all of them. But I realized if I save them it would make a lot difference.

[@ashleighf2049]

Love this, almost series, you have going! It's delightful to hear your thoughts and embrace listening to you as emulating that feeling of people around you with similar mindset - thanks for sharing the goods gal x

[@kellyduggan718]

TYSM for this vid I finally started my IRA bc of you! 🥺💕

[@ElenaTaber]

Ah amazing!!! I’m so proud omg

[@tgmbanefo]

I just found your channel and I am obsessed. As a 21 year old I needed this!! thank you

[@elenataber8874]

+ 1 . 9 1 7 .2 7 2 .0 1 5 3📉🚀 🇼​🇭​🇦​🇹​🇸​🇦​🇵​🇵​💬📲

[@elenataber8874]

Link up

[@michellereames1680]

Defining my wants vs. needs is a battle I’ve been fighting but I’m finding that it’s so worth it! It’s incredibly rewarding when I’m aware of the good I’m doing for my future finances, and putting large chunks of money away in savings funds to build up to a goal is very satisfying. Like, $5 at Starbucks on the way home from work, or just that much more money to go to my “move out” fund?

[@cateliza7100]

So glad I found your Chanel

[@tessadeighton4034]

Something that I started doing that has been the best for saving is to hold all of my money in my savings account instead of my checkings! Every paycheck, I pay off what I have spent on my credit card and the rest goes directly into my savings. If I go grocery shopping or need to pay bills I will transfer exactly what I need into my checkings, so it makes you think twice before spending on something you don't need!

[@kalystalaw]

thank you so much for talking about this in such an open and positive manner. There are lots of financial advice out there, but it is so much more relatable when it's coming from someone our age

[@surgupta91]

I aim to save 50% of salary every month and i think it is achievable... differentiating between your needs and wants is the most important step.... 😊

[@ElleSuko]

About to turn twenty this summer and all of the videos in this series are incredibly insightful - thank you!!

[@ElenaTaber]

Woohoo! You're welcome!

[@LifeWithLuz33]

I just wanna say thank you. This video was much needed and i'm grateful for it.

[@henrythomas7112]

I am learning so much from watching your videos. Thank you so much for sharing this amazing source of information. This one is quite helpful.

[@taylorwooli3003]

first time viewer and I just want to say that intro was GORGEOUS!!

[@savannahgunter5353]

Oh my goodness I love your realistic views

[@lindseywilbanks8731]

Thank you so much for this! So many influencers promote impractical ways of spending and I appreciate your mature and realistic perspective🙌🏽

[@lionesskathyok4557]

I love these videos when you talk about money so so much. thank you!

[@Jenny-zm2xf]

Really impressed by your mindset and the valuable content on your channel - you are set up for success early in life. Just a year of dedicated work on the finance area in life can be a game changer. Starting your age is certainly the best thing you can do for your future self, you can be very proud of yourself!

[@meghendy]

I am watching this at just the right time before Sept starts!! just downloaded Excel onto my phone and made a spreadsheet so I can start tracking! thanks Elena xx

[@SavingwithChristina]

Great tips! I love budgeting and watching the savings add up!

[@oXoXoAvatarXoX]

i found the past 3 month analysis of your expenses very useful!

[@amandajchan]

Love this finance video, so keen for more! I've been using YNAB for years and couldn't live without it.

[@diamondcentury21]

My grandparents used to do the envelope system 😃

[@ChicagoBudgets]

Love budgeting!

[@ysr.officiel]

i love your video. i think there is so much to get from but one thing i dnt really agree with is the quote u mentionned towards the end. i feel like it does ME more harm than good because i usually save a % but also what is left from my spending. if i only save and spend what is left after my saving, i'd spend way more because i feel like, okk i have saved the 20% now lets go crazy. whereas if i spend, i would be very cautious and then i'd save the 20% but also what i left from the spending that i did not actually wanna spend at the end of the month.