How To Save $5000 In 3 Months! | Clever Girl Finance

[@barbaradennis4072]

This depends on how much you earn per month, not every one earn that amount of money

[@AnnelisR]

If I had $5000 extra, I’d either put it into my brokerage/retirement accounts or add it to my emergency fund - I’m trying to get a full year of expenses in there 🤞🏽

[@courtneypalmer2331]

If I had 5k right now my husband and I would be travelling to try and maximize our time before I lose the most of my vision. 😊

[@Clevergirlfinance]

That would be amazing to do. Hope you can make it happen.

[@AWOAPA]

I would put $1000 towards debt payments, $100 on a solo dinner date, and the remainder in my high yield savings account 😊

[@ashleyross5874]

Right now, I'm saving for my son's braces that he's getting in 6 months. I'm determined to pay cash and not go into debt for it. It's so expensive!!

[@roselinededua]

Thank you so much for these videos! Cutting on smaller expenses is extremely important. I embraced minimalist and intentional living, my money now serve my goals and purpose especially those ones that invest in my future

[@barbarapalache2551]

I would add it to my emergency fund

[@jadoresophya]

This is actually my 3 month goal. It will put my last credit card at 25% usage.

[@Clevergirlfinance]

This is amazing. Well done. 25% usage is good.

[@Harzeezreport]

I would split it between debt payments, business investment and savings boost.

[@saritamoorebansa4485]

I would save $5000 and make a one time principal payment to my mortgage. ( I’m really trying to pay off my house ASAP)

[@davidbrooks8809]

Saving $5000.00..IS HARD!!! for most people!!

[@BossBabe707]

If I had an extra $5,000 right now, I would pay my tithe, invest, pay myself and start budgeting.

[@brandym.williams7314]

10 percent Tithe , 10 percent save, 80 percent live. If you buy something give something away.

[@ashleym6765]

Can you do that now with the funds you currently have...

[@lessconfused5179]

Paying your tithes is probably why you don’t have an extra $5,000 right now.

[@dijaworldworld3895]

There are different ways to tithe. Support your community, help another family,, its all on your heart and personal relationship w Christ.

[@lessconfused5179]

@@dijaworldworld3895 Is Christ a White person?

[@janicelovett5457]

Great ideas. When we get paid we have a money transfer automatically to our savings account because I know if it was in the checking account I would probably spend it. We also have a specific amount that we never go under in that account. We have a list of things we want to do or purchase. We research the item and then save for it so we can pay cash like when I needed a new washer and dryer. Sometimes we surprise the grandkids 18 and 21 and transfer some money to their accounts from our savings.

[@johnl9135]

If I have extra $5k, put into Roth IRA or high APY checking/saving account and keep building emergency account.

[@lindalinda9441]

Huh…🤔.. am I the only one that would have to live in a box under a bridge if I took $1600 a month out of my check? As a single person clearly I’m not making enough money.. 😫

[@tvlenox8493]

I will in the next box beside you!😢

[@tvlenox8493]

I don't hear anything new here...

[@normidwest1316]

I would put it toward an emergency fund

[@nicolebullock8704]

Hello I look at your channel all the time starting in Jan I start saving 900 a month I would love to try to save another 700 a month to start that budget for three months thank u so much to show us how to try

[@Clevergirlfinance]

You can do it! Well done. Keep going.

[@IronFlowerZ]

If I had $5,000 cash available I would stash it in my housing savings bucket. I am in NYC it's better to buy than rent.

[@thevillagegist]

I would add it towards my home deposit (down payment) 😃 😊

[@Clevergirlfinance]

Great idea!

[@beverlymills8032]

Put in my emergency fund👏👏

[@uniquelyshellz]

Thank you for sharing, Bola, I always love to be educated in finance and how to improve my financial journey and goals to become better at saving, budgeting, and investing. I want to get better so I can teach my kids what it takes to save and how to save effectively.

[@MzFavor]

$5,000 would go towards the money I’m saving for renovations

[@sophiaosei1980]

I would keep $5000 saved in my Ally savings acct which I believe is at 3% yield now.

[@so.many.obstacles]

3.30%!

[@nanayaa7022]

@@so.many.obstacles you can save in a fixed annuity for 3.84% and can help you with that

[@TheModestFashionista]

I'm so glad your video got recommended to me. I loved it. Great tips/reminders!

[@Clevergirlfinance]

Glad it was helpful!

[@lovedbyYahuah]

If I had an extra $5000 I’d put it towards my car note because my emergency savings has 3 months worth of expenses for me and my car debt is all I have left

[@Clevergirlfinance]

Another great goal! Do it.

[@Chloeeezyyy]

Good job!

[@TFlowers]

I'm actually $2,000 into saving $5,000-$6,000 to pay my taxes this year.

[@catherinestevens7229]

If I had 5k now, I would place into me Emergency Fund which is in gold

[@Clevergirlfinance]

Interesting. You would have sell your gold to access your emergency fund. Emergency Funds are usually liquid, which means they remain as cash asset and are accessible for when you need it.

[@adiaryofamixedbitxh]

If i had 5k I would definitely purchase my first car with it I really need a car because it’s a inconvenience to have to ride a public bus in order to go to work but i also need a license 😂so I got things to do let me get on my zoom

[@kimberlye5260]

Family Vacation 😅

[@1_badd_b]

With an extra $5,000 - I would keep it in savings as I am a contract worker. If there are any gaps in my contracts, I can use that to cover my expenses.

[@Clevergirlfinance]

That's a smart financial decision! Having a solid emergency fund in place can provide a valuable safety net in the event of unexpected income gaps or expenses. Keep up the good work and continue to prioritize saving for your future.

[@cleopatratelsee9517]

Hi. I love your KZbin videos on helping people master there finances. Keep up the good work. I can save 5,000 in three months by working a extra overtime day every week. I can make about 1200-1300 every week with overtime. This wouldn't be hard for me. Just have to sacrifice overtime every week which I been doing.

[@nomadicvibesofelle]

I'm currently 1/3 of the way to my emergency fund so I would put an extra $5k towards that

[@Clevergirlfinance]

Whoop whoop. This is such great news. Well done.

[@danacooper6723]

I know it was my ancestors and spirit guides that made me stop scrolling and review this video. I grew up in a household that showed me at an early age how to save. My mother is a great teacher on how to save,but I haven't done a great job at saving. I am 52 and looking for ways to save more money. Well, I am starting a job that is paying weekly and more money. Also, I applied for and will get the part-time job that will help me save even more money. Thanks for this video,its very helpful.

[@Clevergirlfinance]

Thanks for sharing! You are most welcome. Saving money is definately a skill that you can learn. Start by immersing yourself in all things financial literacy , keeping watching our content and take consistent baby steps. Overtime as long as you are committed you will see progress.

[@riizevity]

definitely not responsible of me to say but if I had 5k right now, I would pay my 1k debt first, or at least half of it, and then save some for studying abroad and then distribute what's left for my upcoming bills!

[@Clevergirlfinance]

That's a good plan!

[@natalieguffey3936]

Put it toward a house

[@tamikajones6970]

I would get current on past due bills, put a portion into my emergency fund, and pay up as many bills as I can with the rest

[@davidbrooks8809]

$5000.00..put it in Emergency fund!!!

[@livelifelearn3923]

When I save my extra $5000 this year, it will go towards emergencies! Fun fact, I saved $5000 last year in three months bi weekly. We can now have new exterior doors install on our home😊

[@marlikwinnin]

Bi weekly do you have any tips

[@April-tn7zz]

I would add it to my home deposit

[@Clevergirlfinance]

This is such a great idea. Do it and keep up posted on your progress.

[@j.cmarie271]

This sister is so helpful❤

[@Clevergirlfinance]

Thank you for being a part of our community. We appreciate you.

[@Vivezbien]

I'd use it towards paying off my car loan

[@Tephiffany]

I'd put it in a high yield savings account and use as a sinking fund

[@Ebbo_]

If I had 5000 right now I’d put 3000 towards home renovations and 1000 in my savings account and 500 in investments and 500 on spending. Idk huuuh. This is why I’m watching this lol

[@Clevergirlfinance]

YAY!

[@gabriellewilliams6394]

If I have an extra 5000$ right now, I would throw it to my car. My goal is to pay it off this year.

[@Coffeeconversationz]

Buy new washer and dryer as well as the floors done

[@katrinabelmond818]

If I had $5000 I would buy a car cash

[@lilliancrowley7542]

I would buy much needed supplies for my business..

[@jennievickers9883]

I would pay off my credit card and a small loan or just put it on my principal.

[@mildredmiti2786]

very practical steps keep up the good work 👏👏👏👏👏

[@Clevergirlfinance]

Glad you liked it

[@thomasenewrenn5869]

If I had an extra $5000 I would pay off my credit cards,$800, and start a $1000 emergency fund!

[@sarataylor4537]

Put in my high interest savings account

[@jasmineflowers9476]

House downpayment

[@Tayashabossingupjourney]

I’m happy I found your channel great info thanks

[@Clevergirlfinance]

We are happy you found us too

[@melaniebonilla9996]

I was looking for a savings challenge - perfect timing! Thank you so much for sharing this great breakdown with us, Bola! 💰

[@soniamerritt5278]

Nice tips!

[@daniellephillips9708]

Pay off debt and start my sinking funds including my emergency fund

[@Clevergirlfinance]

You can do it.

[@LaToyaPlansLife]

If I had an extra $5k right now, I would get a new driveway poured.

[@Clevergirlfinance]

Use the tips on the video to create a plan and work towards it.

[@melissahoneybee1417]

You are amazing 😊 thank you

[@ebony2791]

Pay off my tuition or save it for my Master's

[@emilywilson7308]

I'm trying to build my emergency fund.

[@Clevergirlfinance]

Have you worked out how much and how much you need to set aside each month as an amount or percentage to meet your goal by the desired date you have?

[@charllyons9261]

Its great tips to increase cash flow. But I think 1000$ not realistic for most yet alone 5000. It has be more broken down into smaller amount like 1000 in 3 months. And again it's hard when we have er additional expenses that can interfere with putting money away. But it can be achievable with 1k than 2k. Once organized

[@mercedesj1481]

I would invest it

[@Suziebeee]

I would build up my emergency fund.

[@sabrinathomas4682]

Debt & emergency fund

[@Minimalrevolt-m83]

My goals for 3 months is more than 5000 Dollars which I aim for 6000 in MYR (Malaysian Ringgit) or strive more than that💸

[@Amaspiritartist3]

I would open an index fund

[@suebee1540]

I would put it toward my emergency fund.

[@bonniemarvelle7281]

Great tips

[@Clevergirlfinance]

Thank you for tuning in.

[@AkwaabaStories]

New Subbie🎉❤

[@tashawilliams8093]

If I had $5000 I'd move out. 😊

[@Clevergirlfinance]

Do it!

[@purpleviolet9046]

Not so easy!

[@heartofgoldandplatinumsoul6593]

I would clear my kids school fees debt

[@barbarafallin2038]

It's hard when you get paid monthly?

[@Clevergirlfinance]

It just means you'll need to make a bigger savings deposit.

[@dionneking8]

amen

[@marcelinagennace6041]

I would get new tires on my car and pay off credit card debt and add the rest to my 401

[@Clevergirlfinance]

This is a great goal to have. Especially where car repairs costs can add up.

[@DeltaChi16]

If I had 5k I’d put have to my savings and invest 2500 in low risk investments match S&P.

[@Clevergirlfinance]

Such a great goal to work towards! You've got this!

[@jenniferevander6042]

I would put $5000 towards debt

[@rachelhagen9176]

If I had 5000 I would just save it.

[@noracarreiro5319]

pay towards debt

[@Clevergirlfinance]

You can do it

[@un4givenlife697]

I have 5k and I never had this much money and I don't know how to invest it

[@CosmicTT]

Emergency Fund and pay down debt

[@musicinmyveins00]

I would take a trip to Africa!!!!!

[@marybankett604]

Can you do a episode were you save $5000 in 3 months weekly since I get paid every week thanks bunches it doesn't have to 50000 it can be 1000 every little bit of encouragement helps thanks Ms bola 😊

[@nicholepierre1905]

You are the best!!

[@siakelley2345]

I'm funding my retirement account

[@Clevergirlfinance]

You've got this!

[@MizLadii]

Pay down debt

[@siakelley2345]

My goal is to put 30k a yr in the stock market I have 20k going out by automation

[@Clevergirlfinance]

I love this!

[@LisaJStocks]

I’d focus on investing

[@jennievickers9883]

Tithe and pay my down payment assistance program back.

[@nafeesadamier7592]

Thank you for sharing 🌷

[@tobesmurf]

Put it on a place to rent

[@racinggreenestates1619]

smash remaining debt

[@Sunshine-wn4eg]

I would pay off my credit card

[@blissfulchaosfactory4799]

If I had an extra $5000 right now, I would move out of my bf's house and end the relationship. Did I mention that I totally regret moving out of my own apartment??

[@Clevergirlfinance]

Are you able to start putting some money aside to achieve that goal?

[@zackdenis1637]

where are you from? i hear a bit of a caribbean accent

[@thinktankSuccess]

If l had an extra $5000 l was going to inject all of it in my business and throw my head away. Then after 3 months I'd branch onto another City or Country

[@diannemontgomery7216]

Emergency..a cushion..I have NOTHING

[@Clevergirlfinance]

Start saving where you can. It will build up

[@belindahearn6404]

My goal has been to save 500.00 a month for the entire year, I did save for this month and I will be honest I spent it on a what I felt was an emergency. I am able to put it back when I get paid but I think I am gonna up it to one month 500.00 one month a 1000.00. I know that I can do this and I believe in my and my husbands goal to be credit card free this year. Thanks for sharing and I am cheering everyone else on too, no matter the amount you can do it!!!

[@sandracooper7256]

Purchase a much needed car

[@Queen_of_health]

If I had extra $5000k I would put 300k jnto masters program, then put 1500k jnto my investment portfolio, and 500 into my savings

[@frankierodriguez695]

Get a Harley Davison