How Much MONEY I'LL SAVE THIS YEAR - Will I Meet My $25,000 Goal?! (Money Saving Tips)

[@stephandden]

How much are you saving this year?! Let us know!🙂⬇️

[@RoseJJohnsonSelfLove]

I would love to have a couple thousands by the end of the year. Your video is so financial goals for me!

[@stephandden]

That’s awesome, you’ve got this! ✨

[@allen28713]

Almost 40k! Could you provide some amazon affiliate links for the office chairs you bought and tables? (How are the chairs? Would you recommend them? ) :)

[@JayFairbrother]

I’ve always aimed to save 50% of my income too, hard to get there but so worth it if you can make it happen. Good work staying on track!

[@stephandden]

Thank you! 😊

[@daniel.h2940]

Keep going y’all , I just paid off my student loan and I’m 45 🤪, but debt free and investing over the couple of months 👍🏾

[@stephandden]

That’s awesome! Never too late 🙌🏾🙌🏻

[@lidyajanette4744]

CNBC MAKE IT brought me here😊

[@stephandden]

Woo! Thanks for checking out our channel! 🥳

[@AaronandAsh]

Me too sick vid. Hope to make it to millennial money one day too. That would be sick!!

[@GwaiJaiAsianBudgetBoy]

Love the transparency Steph - you guys are amazing!

[@stephandden]

Thank you! 😊✨

[@carlbob5291]

Currently working for Rogers in Montreal, I confirm that you can call the retention service of the cell phone company you are currently with and they can give you a special plan or up to an equivalent of about 25% off your current plan if you are a loyal customer :)

[@stephandden]

Ou, that’s a great tip! Thank you 🥳🥳

[@ortallevitan1]

Thank you for sharing all this information! Absolutely loved the video and had to give it a thumbs up! You both did a great job of explaining this

[@stephandden]

Thanks Ortal! 🙌🏾🙌🏻

[@inea-fijourney22]

I love the transparency. I havw started sharing my debt free journey full transparency as well. It is very important to keep talkimg about money, so it stops being a taboo! My savings rate is soo much lower than what I want, but Im throwing everything at debt! cant wait to get rid of it so I can save and invest!! Awesome content!!

[@stephandden]

Thanks for watching! That's awesome - good luck with crushing your debt! 😊✨

[@VictorRegouin]

Really interesting video! I’m also on my way to hit my saving goals!

[@stephandden]

Amazing! 🥳🥳🥳

[@ReeceCaruso]

Great suggestions! This is such an important topic to be discussing right now. I really enjoyed the video!

[@stephandden]

Thanks so much! ✨

[@carmencastillo8595]

I’m so glad to find your channel! My bf and I are in the US but want to immigrate to Toronto and this helps us get a much better idea of expenses and to save up! Love how easy you make budgeting feel

[@stephandden]

Thanks, Carmen! Good luck with the future move! 😊

[@UAX619]

Since discovering you both on the CNBC Make It Video you both did so happy you both are doing well! I hope one day I get to meet you both as I live in Toronto myself! God Bless and keep on smiling and shining both of you! :)

[@stephandden]

Thank you so much! 😊 Have a great weekend! ✨

[@UAX619]

@@stephandden Thank You Steph and Dan! Enjoy your weekend as well!

[@charletfoster8917]

I’m glad I found your channel-It is motivating🙏🏿👏🏿👍🏿

[@stephandden]

We’re glad you found it too! 😊✨

[@RochelleCheever]

Great inspiration - thanks for the tips. You gave me some ideas to save/

[@stephandden]

Thanks Rochelle! 😊

[@elenav6225]

Thank you for the transparency!! Keep up the amazing work Steph!!! :D

[@stephandden]

Thanks, Elena! 😊

[@sultanbuashwan1379]

This is amazing !! keep it up

[@stephandden]

Thank you! 🥳🥳

[@aaronhuang1329]

i'm a big traveler and spent a lot going out every weekend the past several years, so by default i'm saving WAYYY more this year due to covid restrictions. Let's hope i can keep it up a bit once things reopen

[@stephandden]

You built up the habit which is a good start! 🥳

[@hello-qt5mo]

Hi what's the best way to start buying or investing stocks? Also what's the lowest you can put into starting your portfolio on wealthsimple trade ?

[@stephandden]

Hi! We have a video about how to start active investing (it's called 'Trading vs Investing...'). We hope that helps! Also, there's no minimum with Wealthsimple trade 😊

[@lalyelangel]

Hi Steph! Great video! I have a really important question: Where is your shirt from??????

[@stephandden]

Thanks so much! Good question 😉 Aritzia! The green sweater in the thumbnail is the Mega Crewneck and the black long sleeve is the ‘Go To’ shirt, I love it (the t-shirt version is great, too)

[@bindass87]

Guys ever since i started watching you guys .. i am curious which tootpaste you guys use ..both both of you have fantabulous smile and teeth.. Lots of love for you guys .

[@stephandden]

Haha! We use Sensodyne - it’s gentle on your teeth and enamel! Thank you 😊✨

[@bardobriceno1136]

You are the best! Thnx for all from Mexico!

[@stephandden]

Yay, thank you!! 🙌🏾🙌🏻✨

[@beanbagboys4202]

I think its possible right now you are working virtually so you wont be commuting that often is tend decrease spending, trust me your spending on restaurants will decrease and commuting

[@stephandden]

Good points - those are some perks of being home! ✨

[@danieljimenezcr]

You rock guys! So inspiring for me

[@stephandden]

Thanks, Daniel! 😊

[@RodrigoMedeirosFinance]

Hey guys awesome video - I'm with Freedom mobile ($50/M for 15GB and unlimited everything). Was still way cheaper than any corporate plan i got offered. Service is great. Could help you save $678/year!! Otherwise great work guys - keep it up!!

[@stephandden]

Thanks for the suggestion!! I definitely have to check it out! 😊

[@SuperSingh]

Wow that amazing keep up the good work, hopefully when I graduate and get a job I too can save 50 of my income lol.

[@stephandden]

Thank you! You’ve got it 🙌🏾🙌🏻

[@ermirp4668]

Girlll Fido has a 10 gig, $55 plan. Get on that!!!

[@stephandden]

Noted, thank you!!! I can’t wait to get that expense down 🤪

[@haleycason6931]

I am starting my starter emergency fund. I'm a little late since I started my debt free journey in Sept 2018.

[@stephandden]

That’s awesome! 👏🏾👏🏻

[@cocodakilla]

I save like 75 percent and will do that til I save a big number. Then I'll switch it and invest a lot instead and save less :)

[@stephandden]

That’s amazing 🥳✨

[@TheKrystolMethod]

Im saving 10% of pay, 10% to tithes and putting the rest to debt.

[@stephandden]

That’s a great ratio 👏🏾👏🏻

[@TheKrystolMethod]

@@stephandden Thanks!

[@AaronandAsh]

Tithing is probably my most consistent part of my budget rn

[@TheKrystolMethod]

@@AaronandAsh I feel you there.

[@NatashaAnita14]

Love that you flipped the 50/30/20 rule! Saving 20% is too little imo.

[@stephandden]

Agreed! Sometimes that ‘rule’ makes you feel like you’re ‘allowed’ to spend more than you need to! ✨

[@AaronandAsh]

Yea 20% is too light

[@summerjackson6876]

Any chance you can share your finance template? Yours is great, would be awesome to not have to recreate!

[@britelite03]

are you sure you cant bring down your internet costs? what about beanfield, fibrestream etc? they have good service (downtown) and are cheaper than the bigger providers.

[@stephandden]

We probably could! Those are good suggestions - we’ll look into them 😊 thanks!

[@kevinwallaston4462]

So you and Den have separate Netflix accounts? I ask because he also has listed in his expenses Netflix for $15.

[@stephandden]

We do! I pay for my fam and he pays for his - we’ll merge together at some point, just haven’t yet 😊

[@kbmoyo]

I am aiming to save £20,000 in 2020.

[@stephandden]

That’s awesome! 🥳🥳

[@AaronandAsh]

You got this you can do it!

[@markbrown6763]

Hi from Frankfurt, Germany. I am a teacher at an International school and my saving goal over the next 12 months is 14,000 Euros. As a single man this would mean saving 25% of my earnings.

[@stephandden]

That’s awesome! 🥳🥳

[@justalilcrazy9]

Have you considered Sinking Funds? It might help you plan around those bigger infrequent expenses (furniture, beauty hauls, yearly insurance premiums, etc) that don't cleanly fit in your monthly budget. Here's a link to a Mint article with more details --> mint.intuit.com/blog/planning/what-is-a-sinking-fund/

[@stephandden]

Hey Siti! It’s definitely a good option if you want that structure in your budget! In my case I don’t ‘need’ that - sinking funds ‘let’ you spend after you reach your savings goal, but my goal is to save as much as possible as opposed to a set number 😊

[@ZoeBowieJoey]

is this in canadian dollars?

[@stephandden]

Hey Zoe! Yes - all Canadian dollars (we live in Toronto) 😊

[@ZoeBowieJoey]

@@stephandden nice! well done for saving:)

[@missdione2088]

Hi!

[@stephandden]

Hi! 😊

[@DeepInDaSand]

$100 per month for a phone plan

[@stephandden]

🤪