How We Save 70% of Our Income - Financial Independence Journey

[@OurRichJourney]

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[@renanuneza8932]

I’m saving 80% of my income by living minimally, low waste as possible and plant based diet so I only buy at a farmers market an bulk stores and biking to work which my company pays me money too.

[@OurRichJourney]

That is so cool! 80% savings is so fantastic! We love that your company pays you to bike to work!

[@michellemarie2590]

This is cool Ring Miester😎 I am moving toward a similar food plan, remember to check in with your doctor regularly to keep up with your vitals, cholesterol, and sugar levels. You’re young and taking in what your body needs young delivers a healthier body in the future. 20 years passes by sooner than you think, “the right” nutrients are important. To your health and your wealth 🌹🍾🥂

[@OurRichJourney]

Thanks for sharing Michelle! :)

[@frugalcoconut565]

Thats amazing

[@jenluvzya]

Ring Miester winning 👌🏼

[@joyfullypacinglife8847]

Everything you're saying is true! Almost two years ago I had $39,000 in credit card debts because of impulse buying. One day I watched Dave Ramsay's show about paying yourself first, and not buying anything. It 's been 20 months from the day I started paying myself first (this was the money I used to pay the credit card debts), and next month, November 2020, I will be making my final payment for the last credit card. Now, I only buy anything if it is necessary and only if I could pay it in cash. Also, the rest of the money I save goes to my travel fund so that I could continue traveling to Europe. Thank you guys for sharing with us your wonderful journey! -Marie

[@aditandadit]

I save around 90% of my income. On track for total 50k usd savings in next 1 year. I live in India.

[@OurRichJourney]

WOW! Great work!

[@Cakehyderabad]

woah! thats a lot of savings if u earn in india! good going, all the best

[@binbalebardac4156]

The big 3: housing, transportation and groceries (eating meals at home and packing a lunch) is where my wife and I were able to supercharge our timeline to FIRE.

[@OurRichJourney]

YES! That is most of the battle! Thanks for sharing!

[@samosa5925]

I am watching this video 15 years too late! I needed these concepts 20 years ago. Already wasted so much 😞 but from now on I really want to save as much possible. Your family is amazing. Keep it up and best wishes (mashaAllah...God continue to bless you).

[@OurRichJourney]

Never too late to get started . . . or - better late than never!!! Thanks for watching! :)

[@naseemanaufal8157]

Assalamualaikum brother. May Allah bless you abundantly

[@HolisticSoul123]

S Ahmed it’s never too late I’m starting in my 50’s

[@iditenahui]

Now, can we take a moment and appreciate how these two look at each other?!

[@OurRichJourney]

Awww...Thank you so much! :-)

[@joshuarichard5399]

This is a great channel and it makes me realize that end of the if I spend on useless things just because I have money then I'm wasting it... Learning to save money is the key to long term financial security... I'm sure 90% of all ur viewers are dreamer and achievers who wants to save money for better things .

[@OurRichJourney]

Thank you for the kind comments and adding to the conversation :-)

[@lilycolombo4273]

I was a single Mother of three great boys, I did a lot of what you two just talked about. They are adults now and know how to save money and live cheap!

[@OurRichJourney]

lily colombo That is awesome! And congrats on raising your children right 👏🏾

[@adrianorosso5314]

The best money saving idea? Grow your own garden, eat healthy and lower your medical bills. Love life!

[@OurRichJourney]

Awesome! Thanks for the note!

[@matzohgirl]

Adriano Rosso i live in an Apartment. Can’t afford a house

[@freekuki]

@@matzohgirl depending on where you live, you might be able to access an Allotment for cheap / communal garden space

[@wijaya_entchanel4165]

I agree with you Bro, I 'm doing same like what you're said 🤝👍Come to my videos

[@TheEllaTB]

Also intermittent fasting. Even skipping one meal a day saves you a ton of money and I feel way healthier than when I'm constantly eating regular meals a day

[@ewlinitis]

To live off of 30% of your total combine income only means you both make a good salary to begin with. This is not real with everyone . But good for you guys . Keep it up.

[@OurRichJourney]

Thank you!

[@ineedhoez]

You're right. Because if you make $20,000 a year you're not living off of 6k a year. End of story.

[@lucalucci425]

I often translate stuff I desire in terms of hours/days I have to work for getting them. Usually I realize they are not worth at all

[@OurRichJourney]

Yes! When we do the hour/day conversion, it really makes us think harder about whether we really "need" something!

[@anjalishejwalkar3400]

This is the perfect way of thinking!

[@OurRichJourney]

Thanks! It's shocking to see how much longer we would have to work to buy certain things! :)

[@investitin2286]

haha, Luca that's a good one. Mike Rosehart explained how he did the same while he was saving and investing his way to retirement at 24. You can check out my interview with him.

[@niccarpy]

I call that the "how many beers" theory lol!

[@teegee1454]

I tried bring all my snacks in every monday....I ate them all by Wednesday morning 😔 But I will trying it again.

[@OurRichJourney]

We love to snack! On the bright side - you made it two days AND you're trying again! :)

[@phoenix9999]

You don't have to bring all of them with you. Lol Just separate then for the days and bring them daily.

[@MsSassyMT]

This would be me. I have a bin in my kitchen cabinet for my snacks. I take what I need for that day. I also portion out my snacks for the week on the day I grocery shop so I'm not walking around snacking on my work snacks while I'm ar home.

[@irinapalatai8740]

Hahah that one actually made me laugh out loud! That could be so me! I pack one snack in my work bag everyday. No more snacks for that day for me ;)

[@TheDawningEclipse]

I sympathize with you! That sad face actually makes me sad bc I know the feeling 😂 But we must prevail! 💪🏽

[@oddixgames6704]

Among dozens of other videos on this topic, yours is the most interesting one. Everyone's life is different and it is very discouraging to realize you can't apply ALL the rules at once, there are some that applicable to your specific situation. Thanks for sharing!

[@NesseyRocks]

I'm saving money by not buying a new car, I'm still rocking with my '96 Nissan, taking the train when possible, and deciding to stay at home with my parents after college. Being single, and living in the very expensive bay area, it was the only reasonable option that didn't involve roommates and living on a strict budget.

[@OurRichJourney]

That is awesome! You're way ahead of the game. And staying with parents it the ultimate house hack :) You'll save so much money and build a nice nest egg/portfolio. Thanks for sharing!

[@theredeemedone8998]

wisdom

[@ems3991]

Unfortunately, that is not an option for people with abusive parents.

[@dianer8881]

I hope you pay rent to your parents.

[@OurRichJourney]

We've got a couple of other options for living rent free, too. We made a video on it! :) Family Lives Rent Free for Ten Years: kzbin.info/www/bejne/qHbUYohrYqd-mpI

[@markjacobs1964]

Save Save Save. My coworker was working and saving for retirement. About to retire and was diagnose with cancer and now has two years to live. All her savings went to healthcare. Life is too short not to enjoy your money.

[@jelicianorwood24]

I agree. When we die its only going go to family members.

[@eddygan325]

Life balance that include saving is the key

[@mridul7639]

Yes, I prefer balance. Ofcourse save and invest and don't spend recklessly but also let yourself enjoy and not only focus on money. These people are obsessed with it.

[@bbb_888]

You can also "save" more money by increasing your income!! Don't just cut back your expenses, you can do more by raising your cash flow as well :)

[@TechEngineerSchool]

My plan

[@OurRichJourney]

Exactly! Thats why we love to side hustle! Thanks for sharing!

[@christinamort]

Thats why they make youtube cannel😍

[@MsSassyMT]

Increasing income is always a good idea unless you're the person who tends to spend more when they make more. I find that to be more typical than diehard savers. I'm definitely guilty of spending more but diligently working to change my relationship with money.

[@bbb_888]

It really depends on what you spend your money on. If you buy the right assets, spending money can be good.

[@yourdaddy3167]

You are lucky to have found a partner who is like-minded and supportive. I have been budgeting my spending and the most I spend(other than rent) is on dates and gifts. Dating is hella expensive!

[@OurRichJourney]

"hella"...are you from the Bay Area/North Cali? We're natives of the Bay and we only hear "hella" in Northern Cali....Back to your comment...You've given us another topic to address: Cost of Dating/How Spend Nothing on a Date. Can you share any tips?

[@lucalucci425]

if downsize is a target for you, your partner should share it...or she/he is the wrong partner

[@yourdaddy3167]

I went to Santa Clara University so maybe thats where I picked that up. I never noticed till you guys brought it to my attention tho. 😂 The only way I can cut down on these dating costs is to do the #MGTOW thing 😂😂. And what is all this craze with Nobu? $250 for a meal for two is straight up daylight robbery.

[@Groovingonem]

I totally agree with that. My spouse is not a saver and it makes saving the way you want very challenging

[@smallwonder21]

@@yourdaddy3167 $250 for a meal? what the heck! I have never allowed my husband to spend that kind of money when we were dating!! Spending $50 at the restaurant for 2 and I am already feeling upset!!

[@cwin7051]

This video needs context. Saving 70% is great, but 70% of what? For families on low or average incomes, having only 30% of that wage to house, feed, educate and transport, would be near impossible.

[@OurRichJourney]

Thanks for adding perspective. Regardless of one's income, we are big proponents of trying to save as much income as possible!

[@GreaterGood2024]

Yes. While people in China are buying their 3rd house, many people living in Urban towns of US, UK, Canada, Australia, New Zealand and across Europe can't even afford One house.

[@michellemarie2590]

Sometimes the answer is look for a new opportunity that generates more income. As you educate your self include learning new skills so that you can increase the opportunities that will generate more income for you. Good luck

[@rosegold.sunset4749]

@@GreaterGood2024 that could also be a money management issue, living beyond your means. 1st world countries tend to live this way lol

[@OurRichJourney]

Michelle Marie - Yes! We're always looking for new opportunities to generate more income. We made a couple of videos on earning more: 2019: New Side Hustles: kzbin.info/www/bejne/mKuuoYmGf8h0odE Creative Side Hustles You've Never Heard Of - Make Money Today!: kzbin.info/www/bejne/ambPaIljbdyNkKM How to Make Money - 8 Side Hustles You Can Start Today: kzbin.info/www/bejne/roScY4qwq5WVgJI Passive Income Ideas - Our Top Six Money Makers!: kzbin.info/www/bejne/noLEZJiXeLmdaac

[@curtisdavis8594]

Like minded people, will drive your success!!

[@OurRichJourney]

Very true! This is why we surround ourselves with positive people. Thanks for the positive comment Curtis!

[@UltraMaga892]

I have always do a few days rule before buying anything. It was my way to fight my urge of spending. I've never heard anyone teach this or talk about this until I watch your channel today. Wow! I'm so glad to hear that this it is a great way.

[@dianer8881]

I use a standard grocery list. It consists of oatmeal, butter, eggs, cheese, tuna, mayonnaise, whole grain pancake mix, frozen sprouted bread, veggies and fruit. I only eat breakfast and supper with fruit or water in between. I make scrambled eggs and toast, cheese omelet, veggie omelet, grilled cheese with veggies, hot or cold tuna sandwich, tuna salad mixed with peas, fruit pancakes without syrup, fruit and oatmeal, etc. Very little cooking.

[@OurRichJourney]

Diane - first of all: Your breakfasts sound amazing. Can we please come over for breakfast?! Hehe!!! Second: love the idea of using a standard grocery list. It keeps shopping on track! :)

[@dianer8881]

@@OurRichJourney For a bigger variety, I may also eat one of the breakfast recipes for supper as well. Everything is quick and easy.

[@quickgirl80]

I try to shop that way myself, a standard shopping list of staples. Unfortunately my family gets bored with it after a while & demand a change. My husband also insists on eating quite a bit of meat & that in itself eats up most of the shopping budget.

[@dianer8881]

@@quickgirl80 I never liked meat, because my brother was a hunter. I didn't like eating lovely rabbits, pheasants or deer. It changed the way I felt about meat. I used to hide the meat under my plate and pretend I ate it. Plus, my mother would hide the meat in spaghetti sauce and tell us about it later. It still turns my stomach to think about it. It's odd how we grow up learning ways to associate with food. For years, I was vegetarian.

[@demervilmacenat1149]

The way you guys look at each other warms my heart. awww...... new fan btw.

[@OurRichJourney]

Thank you so much! Thats such a sweet comment!

[@marcusarelius]

Rule #8 on ways to save more money....Don't live in California

[@OurRichJourney]

LOL!

[@jarvisaddison8560]

Florida is getting out of hand in terms of cost of living, in many U.S. states

[@jenluvzya]

Mark Smith gulp

[@lucysour]

I'm trying to leave right now...

[@lucysour]

@Elyse George I'm in San Francisco. D: I work in tech so I make decent money, but it's still out of control.

[@everythingashley1458]

The way they look at each other makes me so happy.

[@OurRichJourney]

Aww, thank you! LOVE your comment!!! :)

[@aateena]

I can attest to calling your car insurance company. Few months ago I called my insurance to see where we can save some money and to my surprise I ended saving over $300 on both our cars. Told the representative she literally made my day.

[@OurRichJourney]

$300!!! WOW! Thanks for sharing. Love it!

[@flowergrowersmith449]

I saved heaps of money by taking no cash (or way to get cash) to work. I just take a meal and that's it. It's a frightening thing to do at first - you think of all the "emergencies" that could come up, which never materialise! I was shocked at how much money this saved - money just flies out of your wallet if you have ready access to it.

[@OurRichJourney]

We love that idea! Sounds like such a brilliant way to save money! THANK YOU!

[@aaGirlification]

So true.

[@malaydebadhikary9217]

Worth reading the idea 😚😅👍

[@samanthakirkpatrick8981]

I do the same thing! I do leave a card or emergency cash in the car but I take nothing in and I don't get a long enough break to go out to my car at work!

[@Me_-zf7kt]

I leave my debit card at home, have snacks at my desk, pack my lunch but I keep $25 out of sight in my wallet. When I seriously make it my mission to not spend a cent it actually works.

[@Wolfangs88]

I am saving 100% of my income by living in my office and drinking rain water.

[@ashleytanner06]

😂😂😂

[@samosa5925]

😂😂😂 funny but I might try that ir another option is living the forest and eating for free but working in the city with biking as transportation mode.

[@priya19851000]

🤣🤣🤣🤣🤣🤣🤣

[@gmailplaystore1152]

Lolololol👍👍👍😆😆😂😂😂 Can I come too?

[@jorgerodriguezcastillo3887]

🤣🤣🤣🤣🤣🤣🤣

[@daminidjenaba8381]

We take out cash for groceries each month. Using the debit card for groceries leads to buying extra snacks you want, but don't need. When you pay cash, the idea of losing money becomes more real than swiping (because you probably don't know what your current balance is)

[@OurRichJourney]

We've read the same recommendation. Cash in the hand is harder to let go of than swiping a card. Thanks for the comment! :)

[@jonross8925]

I'm retired from the US Military and currently living in Southeast Asia, i'm saving more than 50% of my retirement every month.

[@OurRichJourney]

That is awesome! We love SE Asia. Thailand is our favorite country. We go every year and its at the top of our retirement location list.

[@vacationboyvideos]

Can I get by over there on 1 grand a month?

[@beebeemilo2024]

Try living in Indonesia, you can live exceptionally good with $500 to $1000. You can make it inexpensive as you want or as expensive as your heart desired

[@vacationboyvideos]

@@beebeemilo2024 is rhat Bali?

[@beebeemilo2024]

@@vacationboyvideos Bali or Boneo or in one of the many islands. Stay away from Jakarta... in Bali try to live a little outside of the big cities. Prices drop significantly. Don't live in the tourist area as they can be very expensive. Sometime you end up paying $10,-15 for a simple dinner in tourist are (Kuta,Sanur, Seminyak, Nusa Dua) but once you moved a little further than the center, big change you only pay $2-3 for a dinner. Go to a restaurant that full with locals you will get a local prices too .

[@migo-migo9503]

"Pay yourself first!" I like that. Thanks for taking time to make the vid.

[@OurRichJourney]

Thank you! Glad you enjoyed!

[@bonnielicollins2958]

I like the 72 hour rule. I do something a little different that I think has a similar affect. My rule with discretionary spending is I have a list and I have to think of that item 3-5 times before I buy it. So the first time I think of it I write it on the list, and then I put a check next to it the next time I think of it. A lot of times I realize I wanted something one time and it doesnt cross my mind again for weeks/months, and it shows me I didnt really want it

[@rosalindpk4578]

Talking about generic food: A good trick is to see the small price in the corner of the tag. It means it’s the cost per oz or per unit. When items go on sale, you can see if it’s cheaper or a good deal comparing other generic items. Wal-Mart, Kroger and Tom Thumb has it in their price tags

[@OurRichJourney]

Yes! Totally agree. Some packaging tends to look bulky, giving the illusion that you're getting more - but the cost per oz/unit is the best indicator for whether you're getting a good deal! Thanks for adding that point Rosalind! :)

[@kimberlynhughes3658]

The unit price is also usually on the shelves if not on the price tag on the item itself.

[@aw8758]

Forget all this bs...learn NEEDS VS WANTS and actually live by it. I saved 10k and my bf saved 14k when we stopped with the wants and started with the needs! It’s that simple 🤷🏽‍♀️

[@OurRichJourney]

That is awesome! Thank you for sharing!

[@estefanimarin4876]

My husband always says this. Do you need it? Or do you want it? We always ask ourselves and it’s been saving us tons of money!

[@hanchee2664]

I followed your plan of fire 40 years ago. I was a school teacher, Carpenter, builder, developer, and businessman. Today I'm retired at 77 doing what I love which is to teach and make things. Your plan is good but it requires sacrifice which 90% of the people will not do.

[@vermoidvermoid7124]

I lov the 72 hours rule. I think for a lot of things even the 72 minute rule will work!

[@OurRichJourney]

Very true. We certainly apply the rule to more than just money ;-)

[@tuanlam999]

Lucky me that KZbin has guided me to your channel. Thanks for the tips.

[@OurRichJourney]

Well, lucky us, too! :) So glad you found our channel! Thanks for checking us out! :)

[@uptrendinvestor5304]

Excellent video! I especially align with evaluating your expenses. "if you don't measure it, you can't manage it". Getting expenses down leads to more cash that can be used for investments. Thanks for the post!

[@OurRichJourney]

I like that: "if you don't measure it, you can't manage it"!!! Thanks for sharing!!! :)

[@deangelodeonhines5063]

So glad I found y’all, I love y’all mindset, a lot of the tips yall telling me I naturally do already, I have faith I will retire early too

[@dentonarmstrong7470]

I discovered your channel about a week ago and have been watching a lot of your videos. You two are wonderful. Regular, down to earth, genuine and kind. I’m a single, 32 year old in California and FINALLY (for the last two years) stopped living paycheck to paycheck. I am saving and investing so much more, and am much more discretionary about my spending. I won’t be able to achieve FIRE by 40, but, nonetheless, you have inspired me. Thank you!

[@genjimonogatari6156]

Wow...you guy’s are Dave Ramsey’s definition of wired!! 70% income saved is blasted unheard of. Best I’ve done is just over 20% thank you for the awesome ideas!

[@t4health527]

budgets are everything! I was an "about this much" person. Started to budget using Mint app. Got a notification I'm over my groceries budget by 8 dollars. And I was about to go back to the store! Nope! Eating what I have now and creating odd dishes, but definitely shocked about what I spend in a month

[@OurRichJourney]

Yes - isn't it amazing to see how you think you're "pretty much" in line with your spending . . . until you actually start tracking it? :) Budgeting is so useful to stay on track! :)

[@nancyfahey7518]

Ok, I joined. When I'm going thru the store and pick up something I want, before the check out I ask myself if I still want it. I usually don't. Sometimes I even take it back cause walking is great exercise.

[@OurRichJourney]

Seriously - that is a win-win!!! You save money (by not buying something) AND you get your steps in! Hehe!

[@NickPeitsch]

70% is one of my targets I’m hoping to achieve in the next few years!!

[@OurRichJourney]

You CAN do it!!! :)

[@vickythecat1741]

I went plant-based and my savings have been AMAZING! I also lost weight, my blood work is perfect, I feel healthy and happy. Cooking has also become a serious hobby for me, creating something amazing from left over stuff in your fridge/pantry is such an overlooked joy in life.

[@OurRichJourney]

WOW! Thank you so much for sharing. Great insight!

[@ashtonmccants]

Another great video guys. I didn’t know about the Buy Nothing Facebook groups. I will definitely be incorporating that into my strategy. My wife and I always give away a ton of stuff, so it is good to know that there is a community out there that still believes in the “barter system” way of living. We also managed to cut our living expenses in the Bay Area by living with family and splitting all expenses. We essentially pay less than $1000 per month on housing and we all benefit as a family by being able to invest significantly more and share the burden of living in NorCal. Thanks for all the great info and keep the videos coming. I look forward to them.

[@OurRichJourney]

Ashton - I missed your comment on this!!! :( We love your comments - including this one!!! :) Love that you managed to cut living expenses in the Bay. Coming from the Bay - we know that housing is pretty outrageous!

[@kimberlynhughes3658]

Try FREECYCLE too

[@OurRichJourney]

How do you save money? Share your tips with our community.

[@humanbeing20118]

Life is precious enjoy it try to earn more

[@fargoloomis3569]

Built my house without borrowing on my own land.

[@OurRichJourney]

TheMightyHarihar - LOL! We should have added this as our number one tip!!! :)

[@OurRichJourney]

ron whiteleo - we do KZbin video workouts, too! :)

[@OurRichJourney]

Vikas Yadav - Yes! We try to save more and earn more - either way (or both) help towards the FI goal! :) We made a couple of videos on earning more: 2019: New Side Hustles: kzbin.info/www/bejne/mKuuoYmGf8h0odE Creative Side Hustles You've Never Heard Of - Make Money Today!: kzbin.info/www/bejne/ambPaIljbdyNkKM How to Make Money - 8 Side Hustles You Can Start Today: kzbin.info/www/bejne/roScY4qwq5WVgJI Passive Income Ideas - Our Top Six Money Makers!: kzbin.info/www/bejne/noLEZJiXeLmdaac

[@blessdontstress743]

On the recipes list, the most expensive items contained animal products. Eating a plant based diet saves me the most money. Great Video!

[@OurRichJourney]

Awesome point! Thanks for adding to the conversation!

[@youtubetears1076]

@BLESSED WALLACE Be careful of B12 deficiency. People never mention how detrimental this deficiency can be to your overall health due to vegetarian or vegan diets.

[@parsnip848]

J Wil veggie protein is protein bro

[@MsLee-oh7hy]

Awesome video! After watching this video I called my cellphone company and switched to the lower cellphone plan.

[@OurRichJourney]

That is awesome! Congrats on saving the money....now you can invest those savings :-)

[@corie4993]

It is a goal of mine to live intentionally, especially when it comes to finances. Great video!

[@OurRichJourney]

Working and living abroad has really allowed us to save and invest more. Its a great plan! Thank you for the comment!

[@maureen3621]

Living Traditions Homestead is another must see channel. Home cooking and baking can also save you a small fortune. Love your advice ideas. Top notch.

[@f3n1xplat3ad0]

On Dec 2018 I discovered that I spent an average of $500/mo on eating out and another $500 on the grocery bill. Jan 2019 came in and I reduced to 10x my eating out spending and by 40% my grocery bill. The savings are real.

[@OurRichJourney]

WOW! That is awesome! LOVE IT!

[@davidle9858]

We’ve been doing pay ourself first and it helps alot

[@OurRichJourney]

Thank you so much for sharing!

[@DrRobertMPick]

U guys are amazing! The 72 hour rule is spot-on! It has saved me $$$$ over the years. Generic is fine and so are products on sale! Automatic Millionaire by David Bach - a super book and I bet you guys know it cold! Keep up the super work!

[@OurRichJourney]

Thank you so much.....and the book....love it! Automation so key to successful investing. Thanks again for the comments.

[@danandkiko]

Great advice! Especially about evaluating expenses one at a time. Thanks!

[@OurRichJourney]

Thank you so much!

[@aduako7]

I love your ideas! I've driven 1980's diesel Mercedes that run on FREE used cooking oil for the last 10 years.

[@OurRichJourney]

Are you serious???!!!! Please, tell us more . . . !!!

[@aduako7]

@@OurRichJourney I collect the used kitchen grease from a pub down the street from me, and also right after Thanksgiving, after people have friend their turkey in peanut oil. I usually collect the oil in the 5 gallon jugs the peanut oil or canola oil came in. Take it home and let the oil sit for about 2 weeks to have all the sediment settle on the bottom of the jugs. Then I filter it through old jeans first, then socks and 5 micron filter sack into a barrel. Let that sit for a while, then have it go through another filter using a hand crank pump into another barrel, I called "clean barrel". Then I transfer into the car. It sounds complicated, but after a while, the process is very easy and I process about 15 gallons a week from my "dirty" barrel to my "clean" barrel. Friends laugh at me because my exhaust smells like french fries, fried chicken, fried fish or whatever was cooked in my source of oil. I don't mind, because saving $2,500 to $3000 per year for the last 10 years on fuel, is nothing to laugh at. The joke is on them. Cheers!

[@OurRichJourney]

aduako7 - I am so fascinated by this! Promise, this is (most likely) my last question: How did you learn to do this?

[@aduako7]

Got it all from KZbin. But I also, my now best friend is a mechanic and has been doing the same thing for more than 20 years. We share oil (canola, peanut and even hydraulic oil). Best thing I've ever discovered. Look for the terms "WVO/SVO as fuel in a diesel car/truck". Cheers!

[@hanchee2664]

@@aduako7 you are doing the right thing, it is a little bit more work but it's well worth it. Always the issue is where do you want to spend your time. Today I have two older cars, 2015 Ford C-Max and a Prius C. Total gas expenditure per month is about $80.

[@timothybrady1174]

I love catching up on your videos. My wife and I have a similar path but not nearly as camera ready as you two!! :) I never understood what I was doing but things just came naturally to me. For example, the 72-hour rule. I apply that to almost everything. It's amazing how much you don't buy when doing that both saving money and not creating waste.

[@Salmy3]

The way you look at each other when the other talks is so cute!!!!!!!!! Thank you for the video, this is the first time I watch you, I'm following you now :)

[@OurRichJourney]

LOVE your comment - thanks so much!!!

[@joe1deuce27]

Awww man, I thought I was the only one that noticed this. Its GREAT!!! #REALPOWERCOUPLEINLOVE

[@Nappylelene]

You guys are really honest. Unless other fake people that try to give you advice but want you to pay for it. Thankful for you guys. I joined.

[@OurRichJourney]

Thank you! We are passionate about financial independence and love talking about it. Our videos have been a way for us to document our journey and share our lessons learned. The positive feedback and encouragement that we've received from everyone has been the most rewarding things. Thank you for joining the journey!

[@Jennifer-wr9si]

I agree with all of this except the one about groceries. Cutting costs on groceries is a false economy. Don't skimp on what you put inside your body - especially on animal products, which are particularly jacked up with junk in the U.S. - because it's basically long-term health insurance. As for other money-saving tips, I buy refurbished electronics and keep all my electronics in good condition so I can sell them for a good price when I need to upgrade.

[@OurRichJourney]

Jennifer - Thanks for sharing your perspective!

[@dianer8881]

I can't seem to sell my old electronics. Nobody wants a slow antique that cannot be upgraded.

[@OurRichJourney]

Maybe try Ebay and Amazon? The amount of traffic on those sites is enormous. You might find someone that's interested. Good luck! Thanks for watching! :)

[@Jennifer-wr9si]

@@dianer8881 Ebay is the best option but recognise that the life cycle of tech is very short. The market for consumer tech that is more than 3-4 years old is almost non-existent. I tend to "upgrade" my phone, laptop, tablet and camera after 2.5-3 years and I tend to buy tech that has a high resale value like Apple and Fuji etc.

[@zakf6140]

Fresh fruits and vegetables that are in season, and locally or domestically sourced are great. Do research on these and meat, branding and marketing are not true and the companies mainly focus on profits, not honesty and truth in advertising. Generic brands are not inherently bad, I have significant savings from shopping at places like Aldi or Lidl. Focus on exercise too.

[@libby1779]

You 2 are so cute together! I love this video. I'm always looking for more financial education and tips and I find the same bs over and over. This video actually had some fresh, new, applicable ideas for me. Thanks a million!😊

[@RichardFain]

Great video. Thx

[@cramsa]

I am glad these ideas are spreading because the world needs it...

[@OurRichJourney]

Yes! More saving - less spending! :)

[@Lumencraft-]

You guys are an inspiration!

[@OurRichJourney]

Thank you so much!

[@acela30th]

Good information! I am retired already but I think I can use your information to build a greater nest egg.

[@MsSunshine805]

Generic is weaker than name brand on a lot of items. I buy store brand on some thing's and it tastes better than name brand. Coupons only work with name brand.

[@OurRichJourney]

Excellent points! Thank you for sharing!

[@sharonphillips5282]

I'm a new subscriber. I'm glad I found your channel!

[@OurRichJourney]

Thank you so much! So glad you've joined the journey :-) Please dont hesitate to ask a question or request a future video. Thanks again for subscribing :-)

[@greyhk2]

Very nice, clear, and concise video.

[@OurRichJourney]

Thank you!

[@cjirikowic]

$2500 a year in saving on Dinner, that is almost the HSA contribution yearly max, and on top of that the HSA is pretax dollars, which also reduce your taxes. Just WOW!

[@jacqueleenzamora467]

You guys are such a sweet couple! I have recently found that my local library has free subscriptions to costly apps, like language-learning apps and audiobook apps for my phone, which saves me money from using subscription services like audible. My local library also has free tickets to museums available. Worth checking out what the library has to offer! Also, I save on date nights by dressing up and eating in - we make it romantic and spend time making a fun new recipe.

[@OurRichJourney]

Thank you. And those are awesome tips! Thank you for sharing with the community here.

[@vivdoolan6846]

You guys are so fabulous, your warmth just radiates :)

[@caniggiaful]

Great insight guys. I'm a student with some side hustling and rent with my gf. Even that way, I save around 70 %. It's hard, but very rewarding. Keep rocking it guys!

[@OurRichJourney]

OMG! And you're so young! You keep rocking it too!

[@ChristinaAlanna]

The way you guys look at each other 🥰 it’s so sweet!!

[@freedominabudget]

Awesome tips!! I follow the 72 hour rule and it really makes me think about my purchases!

[@OurRichJourney]

Yes - it really helps to eliminate impulse buying! Thanks for the comment! :)

[@PInk77W1]

You two are Smart. I recently paid cash for my home. Then I started saving like crazy. Got up to $23,000 in 10 months. Then Texas freeze ruined my plumbing Then I crashed my bicycle on Texas ice And landed on my brand new $1500. iPhone. Since I had money. I didn’t panic or freak. Savings is the best.

[@Bulletcore]

My mortgage, car insurance, gas, electioc/gas, water, sewage are 25% of my income.

[@OurRichJourney]

Yeah - mortgage and transportation take a big hit out of people's incomes. Since we work abroad, our rent and utilities are completely paid for by our employers. But, when we lived in the states, we also lived rent and mortgage free because we used Airbnb to rent out properties that we owned (to pay for the mortgage and then some). We also used Airbnb when we rented a property (to pay for our rent and then some)! :)

[@evelynbaitz2732]

Wow, this is really deep. I don't think I can be that cheap, but cudos for you that you are able to do that.

[@OurRichJourney]

Haha! Thanks Evelyn! :)

[@lw3269]

No, you don't HAVE to have a budget to save money. It helps but you can cut back on expenses with mindful purchases. My favorite tip is determining how much time you have to work to earn that item, and deciding if it's worth "x" hours of your life. Often the answer is no. If it's yes, I buy it and enjoy the hell out of it.

[@OurRichJourney]

Yes. That is our favorite point. Time and money. What is it worth to you...When put like that the decision is easy for us.

[@reenougle]

Very good tips. Any amount you can save is worth it. With the internet and a little creativity you can furnish your house for a very small amout. Pallets are amazing sources. Paying yourself first is a great tip.I tell my kids that they need to start NOW in their 20's, not wait until they are 40. It can be done.

[@OurRichJourney]

Thank you! And thanks for adding to the conversation. Great advice to your kids. They will be millionaires!!!

[@gwaiwohng2181]

Like what you're doing. Thanks for sharing your story.

[@OurRichJourney]

Thank you so much!

[@omarlyons500]

I love your work. Please keep it up. Thank YOU!

[@OurRichJourney]

Aw, thank you so much! You are too kind!!!

[@Starknight00]

Both of you are sweet ..merry Christmas..n happy new year..bless u both

[@OurRichJourney]

Aww, you are too kind! Merry Christmas and a Happy New Year to you, too! :)

[@sincerelysandi]

@OurRichJourney Great video, how do you all feel about cable? I'm contemplating if I should drop it?

[@sincerelysandi]

@@agingintobeauty Thanks for responding dear.

[@cars9969]

Oh bro thank God you married a smart lady.

[@OurRichJourney]

HAHA!!! Love her so much :-)

[@tipskulhiso6763]

She married a nice dude too and cute !!

[@cindymcdonald8244]

Thanks for all your great videos and tips!!!

[@coffeewithdinner5208]

When it comes ro grocieris.. The only thing I splurge on is Organic eggs, fruits and vegetables.

[@OurRichJourney]

We splurge on organic strawberries! There's no going back once you try an organic strawberry. They're the best!!! :)

[@katherinet6478]

I don't consider eating healthy food splurging. You are preventing medical bills. And improving your health. Not a splurge.

[@markd6838]

I won't buy eggs unless I know the chickens receive weekly beatings and have a hard life

[@jgbecker24]

I prefer caged eggs: I like to taste the fear in the thwarted chicken embryos.

[@samosa5925]

For me, it would be hard not eating organic veggies and meat. I mostly shop at health stores but I have to due to allergies. However, everyone can look where they can save more. The idea is to look at our own case and check where we waste money. I may continue to eat organic eggs, meat and veggies but I can cut other things like mulitiple snacks. For fruits and vegetables, it is good to know the dirty dozen and the cleanest dozen. Strawberries are in the dirty dozen like apples and tomatoes. But mangoes kiwis and avocadoes are in the cleanest dozen. So, it would make sense to buy the dirty ones as organic to skip the pesticide. Also, vinegar can help cleaning vegetables.

[@jmclay4317]

Omg! Awesome! We waste so much food. I will be totally mindful from now on. But at least I already bring lunch, coffee, snacks and bottled water to work. It wasn't for long term saving but whatever I save I put it for my "purse" money. Thanks again for another great video.

[@kencia1]

This video has no context. Is it 70% of combined salaries? What are your salaries? First off mention what your bills amount to monthly and what you actually have to pay for every month. Someone who saves even 40% of their salary may be saving more than you or may already own their own home etc or be paying a mortgage so they are alright. The number 70 is just a number with no context.

[@OurRichJourney]

Thanks for watching.

[@granitemoss1451]

True, but the point, more than the solid number, is that they save a large portion of their pay, whatever that may be.

[@butn0tyet]

Thinking either do it or don’t do it. If the goal is saving... their details do not need to be saved.

[@TheCaraaraC]

It says 70% OF YOUR INCOME. Can you read? They don’t need to give their exact salary to make these tips valid 🙄

[@butn0tyet]

Cara Page yup

[@judyoliveira180]

Loved your video. My first time. Thank you for sharing.

[@OurRichJourney]

Thank you so much! We are so glad you're enjoying out content!

[@humanbeing20118]

Life is precious enjoy it try to earn more than you are spending. saving is necessary but i suggest put your brains in how to earn more than you spend. You can't control expenses too much. Simply think more about earning instead of depriving yourself and your family the things they want

[@OurRichJourney]

Great comment! Making more is the other side of the equation....

[@kimberlynhughes3658]

You are right about earning more money, but you absolutely CAN control your expenses! It's your choices & budget!

[@Elena-er7zp]

So many people overspend and think that is normal, it’s best to develop a budget first then start the increase income stuff - otherwise you get trapped in the “make more, spend more” thing

[@brandyrivera5108]

Thanks guys! Very encouraging and informative.

[@cristinam1155]

I use the app fintonic, really helpful to see in what I spend my money

[@OurRichJourney]

Thanks so for sharing Cristina!

[@steffy6277]

i really liked the tip about listening to podcasts and educational programs. do you have any recommendations?

[@OurRichJourney]

We enjoy NPR's "Planet Money", "Freakanomics", and "Journey to Launch"

[@iamkerenlouise]

You two are a God send--the content of the information you're providing is truly invaluable--keep up the great videos--also, the genuine loving connection you both evoke is truly inspiring---you're a lovely couple helping others--I have learned so much--I predict your channel will grow exponentially over time.xoxo Keren

[@OurRichJourney]

iamkerenlouise - You are entirely way too kind! Thank you for sharing such a sweet comment with us - such positivity! We LOVE it!!! :)

[@Jenauxn]

That 72 hour rule is a great idea. Thank you for sharing.

[@susanooten2824]

is my 401k the same as paying myself first?

[@OurRichJourney]

Susan Ooten it certainly is! Anything that increases your net worth counts as paying yourself first.

[@niccarpy]

I always put a set amount away each month on pay day. Then I take your 72 hour plan even further. I wait until the end of the month before I look at buying any "nice to have" stuff. I usually find I'm not bothered for it by then, or forget. That leaves me with a surplus most months at the end of the month, that surplus then goes in to my savings as well. Another one I do, is that whenever I log into my bank accounts, I round down my balance to the nearest 10, by putting the excess in to savings also. Most often it's only a couple of quid, never any more than £10, obviously. But if do this a couple of times a week, it is usually an extra £20-30 a month.

[@OurRichJourney]

WOW! Thats amazing! Thank you so much for sharing!

[@dimension9195]

Don’t have children or pets, pay down your mortgage, don’t buy anything you don’t really (and I mean really) need, stick to a budget, make your own lunch, don’t buy newspapers, coffees, or confectionary...

[@OurRichJourney]

Don't have children or pets? That's an interesting take. Definitely stick to a budget.

[@aateena]

Lol some of us like children and pets thank you. They are worth the cost.

[@nuninuninu]

I don't know what year it was deemed that children were considered an expense. I'm thankful that my parents didn't have that thought process.

[@donnaleeclubb119]

@@nuninuninu well, children have always been an expense, but people that want them will incur that expense, the same with pets or even a spouse. My parents wanted children and the expense of it was very secondary.

[@SiddikaKobir]

from age 1 to 18 average children in usa cost you 250,000$ in that life span.....@@nuninuninu

[@leipzigescobar4085]

Thanks for sharing. Savings is a very important topic at home. This video is definitely worth watching together with family members😉

[@OurRichJourney]

Thank you very much!

[@OurRichJourney]

Check out some of our other videos! :) ▸▸▸Our Budget for Financial Independence - How to Pay Yourself First: kzbin.info/www/bejne/f5iWeoGLj5tjrLs ▸▸▸SIDE HUSTLES | Speed Up Your Journey to Financial Independence: kzbin.info/www/bejne/qWKZdJebnrF0ask ▸▸▸We Invested $10,000 Today & We’re Sharing Our Stock Portfolio: kzbin.info/www/bejne/mWjdi2d_fs5jocU ▸▸▸Ten Money Moves to Make Before 30 to Achieve Financial Independence: kzbin.info/www/bejne/rqbVd5Z3e82snJo ▸▸▸Nine Ways to Save Money Around the House: kzbin.info/www/bejne/gKeWgI2pjKaffaM