Simplest Budgeting Method To Save Money

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In this video, I will show you one of the simplest and most effective methods for keeping a budget in 2019. Budgeting is the first and most important step towards saving money and building wealth.
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I am not a financial advisor. The ideas presented in this video are for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make.
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[@NateOBrien]

🏦 Earn up to 4.00% APY on this Bank Account: sofi.com/nateobrien

[@gailhawkins8511]

I am 67 yrs. Start a retirement plan and save as much $ as possible starting when you're young. Be frugal. Shop at thrift stores. Don't pay for cable. Only buy what you need. Cook, eating out cost too much. Keep a monthly budget.

[@jcawesomeness531]

In Australia Super annunciation (our equivalent of 401k) gets taxed to oblivion (over 40%) if you retire before 55-60 (depends when you were born and it is going to get higher). Planning other investments here is so important.

[@dbrown2890]

Noted .📝 Thank you!

[@michaelmendoza8905]

Wonderful advise!

[@dianer8881]

@@jcawesomeness531 If you need to use your retirement money for medical bills, it is not taxed.

[@emilybrathwaite8131]

How and where do I start a retirement plan?

[@ZacharyLaid]

Tracking your net worth on a balance sheet is super fun, it starts to feel like a video game and you just want to keep leveling up with each milestone you hit.

[@NateOBrien]

I seriously look forward to the first of every month when I get to calculate it

[@Dev-nt9vt]

Eve Online

[@samspraguefinanceformula3519]

Love it! Its super important to know your numbers!

[@treywilcher5311]

Gotta a link for beginners that don’t know to make spreadsheets on google

[@SummeRain783]

What a fun analogy

[@dr.diggle5157]

Wish me luck guys, I'm starting this at 15 and I wan't to retire at 35.

[@13Grneyez]

That’s great good luck! The sooner you start the better.

[@NateOBrien]

You are ahead of 99% of your peers

[@harrythornton7217]

Go for it! I wish you luck.

[@felixreiter1]

Me too 😊

[@felixreiter1]

Good luck

[@joesgonefishin4789]

17, Homeless, Minimum wage full time apprentice, my pay check is my monthly expense. The world is hard man. I'm glad I have your channel to help me improve

[@juanfelipe8484]

Check out Dave ramsey

[@ladybird491]

Homeless? Living on the streets?

[@puremiawyd]

@@ladybird491 it’s really like that for some of us

[@yididyafantahun2469]

I am literally watching this video and taking notes, focused. I don't even have a job. I have no income. but I need to prepare.

[@AK_Studioz]

Me too

[@lalaine2543]

There are a lot of freelance jobs online if you're up for it.

[@yididyafantahun2469]

@@lalaine2543 I am looking, but no luck.. ill keep trying. Tnx men

[@lalaine2543]

@@yididyafantahun2469 best of luck!

[@vasiliswags4905]

I’m so lucky I have this info available at such a young age

[@thetrumpster8566]

Vasili Swags And its a blessing you relize this 👍

[@Ranieri197]

I'm so happy i made productive decisions about my finances that changed my life forever. I'm a single mother living in Melbourne Australia, bought my second house in September and hoping to retire next year at 52 if things keep going smoothly for me.

[@caligolaserra498]

Congratulation beautiful lady. You're really doing well for yourself, I'm at 55 and my financial life is in a mess. Any great tips would really go a long way in shaping my life. i want to buy my own house, that's really a big flex….

[@Ranieri197]

@@caligolaserra498 I used the FIRE movement to put my finances in order. Then invested in stocks, cryptocurencies and real estates through the assistance of an investment Pro who helped me make it this big...

[@caligolaserra498]

Thanks for your kind response, i would love to connect with your financial consultant.....

[@Ranieri197]

I will forever be indebted to you?? Ms Brianna Megan ????? You've changed my whole life, i will continue to preach about your name for the world to hear you ve saved me from a huge financial debt with just little investment thanks so much Ms Brianna.

[@joellekassulkev47]

I'm a beginner. How can i get assistance??

[@RealLifeMoney]

Failing to plan is planning to fail. And it’s fairly simple 3rd grade math. No calculus involved (thank god) 😜🙌

[@NateOBrien]

Not a fan of integrals? Haha

[@RealLifeMoney]

Nate O'Brien AP Calculus took part of my soul with it lol (I passed don’t worry 😝)

[@Michelle-pn9xt]

That is not math. God, not god...........

[@pudelfreude]

Your videos are always incredibly motivating. You seem so honest and down to earth. I really like that. And that's why I like supporting you by liking and commenting on your videos so much.

[@DanielIles]

Finding a reason to save up for aggressively is SO helpful. Especially if it’s at least a year out and requires a lot of money. The habits you learn in the first year usually stick around.

[@dianer8881]

By the time you save for something, you may discover you don't really need it or you found a better alternative.

[@proctor9443]

EXACTLYYY

[@NateOBrien]

Hi everyone! Be sure to share this video with friends who are looking to save some money. Thank you for supporting the channel, I can't believe we are approaching 160,000 subscribers!

[@RealLifeMoney]

Nate O'Brien you’re killing it Nate! Congrats!! 🎉

[@NateOBrien]

Thank you 🙏🏼

[@JamieRawlingsMusic]

For the mortgage, would that be the interest on it or the actual mortgage?

[@sonny12681]

I would like to share my strategy on investing. I bought some stock and my portfolio is 1 high risk company and 3 low risk and guaranteed Bond stocks.

[@anthonyrusso7904]

How can I get the spreadsheets?

[@winston-salemconcretelocal6728]

You truly are a special human being! Not in to sell your audience a course of any kind, not driven by anything externally, someone who purely has the intent to help and serve the world and make it a better place. Thank you so much for your content, you deserve all the good that is coming your way.

[@KevinConwayChannel]

Keeping an eye out on your credit cards and breaking your income down are great pieces of advice. Simple, but effective. :)

[@bethvictor5418]

Monthly cash flow, financial position / net worth statement in one template - this is exactly what I’ve been doing in the last 20 years. Has helped with active wealth management and budgeting! Wish I had started when I was your age. I’m 57.

[@emilyyihui]

I found your video two days ago during my lunch break, and I just can't stop to watch your video because there's so many useful tips and ideas which is so called Down to earth, and I'm really happy that I saw it.(hopefully my boss is away for holiday trip) I rarely gave comments to a youtuber while you're the first one, thanks for sharing, really appreciate.

[@themoneyfinderic6738]

Good video. It was nice to see someone actually recommend tracking their spending. So many focus so much on making more money, when they can quickly give themselves a raise just by knowing where their money is currently going.

[@younismalik8809]

Really like Nate's way of teaching and really glad I came across his videos. Much appreciated and has made me really want to get my act together and BUDGET my way forward! Thanks Nate!

[@LegacyCreator_id]

Hey Nate, just wanted to say that your videos on budgeting are awesome! I appreciate how you simplify the process and make it easy to understand. Keep up the fantastic work!

[@Jayla60]

Nate, I enjoy your videos. You make financial topics simple and clear. Great videos.

[@TheSavingSecret]

Love the content!! Budget is the key to building wealth. I love the analogy of treating like a business. It has never been easier to track expenses in today world. What I have been doing is to *Transfer ALL income in Savings Account, Budget off Expenses, Transfer Money into Checking and Auto Bills in Checking Account* BOOM Follow your cash flow.

[@Budgetmeright]

Omg this is one of the first videos I have watched when I started my budgeting journey! Thanks for sharing your knowledge with us Nate ❣️

[@sanoski24]

Saving this video and trying out these tools! Thanks again Nate for all the valuable information you provide to everyone for free!

[@rolandlancelot2051]

Thank you Nate O'Brien. Keep it going. Your suggestions are helpful indeed !

[@BradFinn]

Great Stuff Nate! Budget really is so important! Been a huge part of my financial success! Thanks for the content!

[@NateOBrien]

Yes! Glad to see you agree

[@norman9541]

This is really great, I'm 28 years old and this is when I'm starting to learn about money management, thanks 🙏🏿

[@imhockeygirl]

Ive been doing this on paper for the last few weeks trying to figure out how to keep it organized. Thanks for sharing the spreadsheet! (and all of the knowledge!!!!)

[@michaelmendoza8905]

Great video brotha - thank you for helping so many people in need!! Stay healthy and blessed!!

[@gm2407]

Scariest bit about budgeting is the apprehension before the fist budget (or the first in several months) but budgeting is rewarding. The best bit is the feeling of progress when you track the change from month to month. I enjoy budgeting.

[@lunarosa321]

Thank you for the graph this is such a helpful tool!

[@victorgladun6479]

I do the budget spreadsheet and i agree 1000% that we have to look at our budget like a bussiness.

[@hienienguyen6766]

glad you are making this video. i want to be able to budget my money and create more wealth for myself. Glad to hear your positive words about . My reason is to be able to save money to move out!! I would need to travel where i need to do. Setting up goals are always the best way to look at things

[@puremiawyd]

I’m addicted to your channel at this point. Thanks for pointing me in the right direction fr 💯

[@stevenmcmillian1977]

Like the running it as a business approach. Budgeting helps keep your finances in order.

[@giorgiogac1648]

Thanks for your advice. It's very helpful!!

[@RicardoNunez90]

This video is pure gold. Thanks!!!

[@justintaylor-moneymindset4073]

Budgeting can be very boring and a chore to have to do each month but it’s super important to be able to visualize and have a full understanding of where your money is going every month. I have a spreadsheet too that I add all of my monthly income and expenses to. Highly recommend!

[@NateOBrien]

It's truly the key to financial success!

[@seththomas7851]

Quality delivery of some quality information. Quality Nate video😎

[@remmiellis]

Awesome video! Financial awareness is so important in accumulating wealth and it all begins with that budget. And it can all be so simple like you explained 💯💯

[@NateOBrien]

Glad to see you agree. Everything begins with running a proper budget

[@drinthemoment]

Thanks again for some really great tips Nate! Keep it up

[@hamedbadi4623]

Incredibly useful. Thanks Nate

[@TimRoseOfficial]

Super awesome video Nate! Great tips, thanks for sharing!

[@geraldpawlicki3321]

Financial Education is so important. Thank you for the videos.

[@eskibuzdolabi]

Great video! thanks. Seing ur budget as running your own business is a great idea. it changes the whole perception in terms of your own budget. Great motivator

[@mrsm3442]

Thank you so much, Nate. You are an amazing kiddo.

[@ebenkrausz2997]

When I was young and had wayyyy less discipline than nate I opened a savings account at a small non chain bank 300 miles from my home, then set up direct deposit at my work so 200 dollars from each pay period went into it. Still the easiest money I ever saved

[@bethhardinhealing]

Thanks for all you teach and share!!! Keep going!!!

[@YogaMeetsDance]

I am a trainwreck with money. I am very much enjoying your videos. Thanks !!

[@creativejoy5677]

Your videos mostly inspiration all of us... Every time i save money but not saving this mony... Many many people attack me.. I'm trying to be with ur life style match... Thanks

[@deletethischannelpls]

Awesome stuff Nate! This is great for beginners, but so effective 💰

[@NateOBrien]

Thank you!

[@peonychung4084]

I enjoyed your videos!! Keep up with great work

[@marcopolo208]

Thank you, this example with numbers in it and some explanation is really useful. I will try to make this overview for myself from the first few months of this year up to today.

[@NateOBrien]

Good luck!

[@yonyon1410]

Thanks for making the great videos that u do make. Nd keep up the grind💯💯✅

[@tht140ixx]

Very clear snd concise financial Awareness. I live on Excel and it’s helped me live within my means over the years 👌🏾

[@NateOBrien]

So many possibilities with excel!!

[@jocelynlladones8765]

You're really Amazing! Thank you so much for sharing your knowledge. More videos to come. 🇵🇭🙏❤️❤️

[@angelbedo1]

Love these videos, they help inform and you can learn so much about saving and money in general from nate!😊

[@foodmens]

Riiiiight🥴

[@sohelsurti5828]

Spot on! At 7:05 the worksheet shown I have been using since 2014. Such simple sheet but works wonders I can check right away what I did in 2015 or 2019 n so.. though my worksheet has evolved with multiple worksheet sheets but this main tracker is my fav n all one needs. One addition to give here wld be below the balance like I put my assets which I cannot put in income to know my total net worth. Like mutual funds I don’t keep in income area as I won’t be cashing in anytime soon.. so it goes below balance and then there’s total balance

[@financewithjt8972]

Love this. Thanks Nate!

[@11endrix]

Loving the content, keep it up!

[@realgeorgakopoulos]

Great Video, will actually put this advice to work

[@makesaveinvest1401]

Wow! Graphs, and technology can be so helpful to achieving financial goalsl!!

[@NateOBrien]

Yes they can!

[@nicola-socialmediasuccess8687]

Amazing tips, At this moment I need to save the more I can so I can invest more in my business and in my youtube channel 💪

[@NateOBrien]

Investing in business is very important

[@conspicuousintrovert]

Hey Nate... I love your videos man. Your ways and ideas have helped me a lot. Just wanted to know a way I could work with you on your videos; some new thing that I wanna work on and learn.

[@yashupadhyay7874]

Tremendously helpful. keep up bro!

[@kenlynch6332]

Budgeting definitely works; and viewing change on graphs is usually rewarding & encouraging or indicates that corrective action is required $$$$$

[@NateOBrien]

The graph is what drives me!

[@Manohikari]

Thank you Nate, you are great!

[@ppharaoh5421]

Thank you for the great template

[@MikesFinancialEdge]

Nice video that gives everyone important things to think about. Great channel.

[@BrianArons]

You just have to live below your means, especially if you're trying to invest asap

[@NateOBrien]

Yes, but as I mentioned in the video, don’t sacrifice quality of life!

[@businesswithsam]

Very simple tips. Easy to follow!

[@SandieCastaneda]

Thank you Nate!

[@brandonleefourie3516]

great thank you very much Nate really appreciate your g Brandon

[@Bphoenix8]

Got me on the "people don't want to think about it" part of net worth. That being said, it will be a tab on my Excel file this time tomorrow.

[@bleeharper5185]

Hi wow realistic . Thank Ü. Happy new year. 😀🤠🤩

[@Shmyrk]

Hey Nate, I have signed up for the Budget Tracker like 3 times but have never received the email? Not in spam either. Thank you greatly for this info man. Great shit 🙌🏽🙌🏽🙌🏽

[@marketmaestro4089]

Going about it like running a business is what has helped me the most. My excel workbook is my most prized possession lol.

[@NateOBrien]

Nice!

[@SueEmmDee]

Excellent advice.

[@TheJust22az]

Unfortunately, you can budget all you want and save like crazy but life happens. Next year, I could draw SS but plan to keep working because I have to. Fortunately, I am in great health, really enjoy my job and get paid quite well.

[@Michelle-pn9xt]

You make LOTS of money, and you still HAVE to work????????

[@sizematters10]

Awesome video Nate, been loving your content lately! What camera do you use to record your videos? And how do you setup to get that solid color background?

[@randymankoto2196]

It just came thanks nate

[@azeemhoosain4004]

thanks great advice

[@socialclub6216]

Hi ! Good video as usual. Different subject but could you do a quick video to show your set up ( cameras, lights, microphone ) because I’ve got a project for KZbin and I need to film myself sitting at a desk (just like you)

[@jenniferroland894]

Love the template!

[@Noah-tq7bi]

A good strategy is once that direct deposit hits, transfer almost all of it to your savings ASAP. then just don’t touch it lol

[@LeesaLilHop]

Noah better is to have part of your check automatically go into your savings.

[@Yugiboii]

You wanna invest more than just save

[@Scriptorsilentum]

most banks/credit unions have options on their web pages namely automated transfers. how much? where to? weekly? monthly? bi-weekly? in one year i saved $180 weekly (am paid weekly) to my retirement savings. Holy crap does it add up fast. the transfer happens automatically, i never see it there or gone and have learned to live without it well. credit union told me if i didn't have a computer the teller would set it up for me at no charge. Direct deposit is yer friend... 🥰

[@dianer8881]

Savings accounts and CDs yield very little interest.

[@travis6343]

great videos man!

[@Word187]

Thanks Nate this really helped me! Turns out I can save more money per month then I thought. :D

[@SanelaYou]

Thanks for this. Very informative. Is there a spreadsheet somewhere?

[@theoneandonlyjcv9940]

Hey Nate! Would you mind dropping the links for the Excel spreadsheets? I can't seem to find them in the description. Thanks for the great content!

[@constancenunn]

I love Nate videos.

[@nicholasgunter3838]

This advice works great as long as you aren’t starting your budget on a leap year

[@ebbaemiliaa]

Where's the link for the sheets?

[@financialorderofoperations4721]

This is the standard Financial Order of Operations priority list for budgeting: Necessities Starter Emergency Fund (1 month of necessities) High Interest Debt Full Emergency Fund (3-6 months of expenses) Retirement Accounts (20% of gross income) Optional Spending

[@MyDavidPutnam]

I’ve always had a knack for creating a budget and living by it unless my income changed. That’s the hardest part, though, making enough income to matter.

[@TheAkadimia]

So helpful thanks bro

[@roricarr]

Hello, again Nate. I really love your content, and your passion. How do I use 'Excel' - is there a tutorial? Great video. Thank you

[@ltpa152]

RoriCarr Other KZbin videos may be more useful plus Excel is easier than it looks. Just play around with it.

[@flyingdutchmanjob]

Great video! I didn't see any spreadsheet links though!

[@TheJime02]

Thanks for the Info Nate! Love your work and going to start implementing this, however the spreadsheet is not available to download anymore, could you make it avaialble by chance again?

[@girlnextdoor9940]

Thank you

[@PoGoL02]

It's awesome you are recording it with one cut!

[@NateOBrien]

I’m not a big fan of those videos where people cut every 5 seconds. I would rather just do it in one take

[@PoGoL02]

@@NateOBrien Me too, keep doing your best, very valuable informations

[@JeremyKersten]

I've tried to do that but it's hard. I hate saying uhh and umm and pausing to think what I'm going to say next.

[@ewliang]

I made a similar excel sheet at February :)