The Absolute Best Ways To Save Money

In order to become financially independent, you must learn to pay yourself first. Watch my video and learn ways to save money and how to become rich throughout your lifetime. bit.ly/2fMvKJg
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[@leticiarodriguez7525]

I used to get my pay check and put a small amount of money in my savings and then every time I ran out of money in my checkings I would take some money from my savings. Telling myself I would just double the amount on my next pay check. The key to saving is not only "paying yourself first" but to keep that money there. Don't touch it!! I started off with only putting $50 every paycheck and now I am putting over 50% of my monthly income into savings. I love this so much. I would have never been inspired to do so with out this. Thank you!

[@BrianTracyOfficial]

+Leticia Rodriguez That is great, Leticia!

[@ArizonaCardinal404]

That's crazy I thought I was the only one lmaoo

[@TaYzhARr]

Leticia Rodriguez Wow so beautiful 😘😍

[@karencreighton5273]

Leticia Rodriguez

[@Walk.InHisWays]

Saving is great and all but the bank pays you a very small amount per year in interest for you having your money in a savings account. Look into investing it in an index fund and just keep adding to your position so you compound your account. Make your money work for you

[@rev1910]

Anyone watching this video should just listen to how it applies to your own life and please don't criticize. This is very sound advice, paying yourself first and only spending that amount on self habits or things you like will give you the discipline needed to live today or at anytime. I started living this way years ago and there is never a moment I stress about money, listen to him carefully and use this advice.

[@sethupriyab7521]

Nobody can criticize

[@joechisha4134]

I can save for 3 months and spend it all and sometimes when I try to save thts when problems come

[@cammims7645]

I can only afford to save about $100 a week from my Checks, aye, it's better then Nothing! In a year just to know ill have $4800 to play with is great! But if i don't touch it, then in 2 years whopping $9,600! But in 3 years! $14,400! All because i saved $100 a week Adds up real Fast! Lets go baby!

[@rayfinkle9369]

Just don't spend it on a car when you finally get all that money.

[@HEXhibitionist]

You don't make any interest on your money????

[@Cptnak49]

Mr. Tracy has similar take on personal finance that my parents instilled in me while growing up. Paying yourself 10% of each paycheck is a great general rule, as well as educating yourself as you age into each financial growth stage in life. Though this video is over a decade old, the advice is still sound.

[@e2j710]

I love how Tracy is explaining just like my late dad I will start . Thank u ❤

[@sarahkhan3956]

Thank you for sharing this. The advices seem so simple but so difficult to do sometimes.

[@aeterna789]

Good video with excellent advice, without trying to sell you anything. Thumbs up!

[@Manny91991]

I'm hearing you and I will start this week because I get paid every monday. thank you so much for this video

[@FloppyMcNutZ]

the hand motions have me mesmerized. I need a latte now.

[@CASSICF]

im sorry but your comment had me crying laughing

[@TruegentsTV]

you know when i was making minimum wage i was eating out fast food all the time and buying the things i wanted because i wasnt making much money and didnt want to wait to save to get it. putting g away 10% of it and over the years getting better jobs and making more money the amou that the 10% yields is also higher meaning at an oncreased rate of pay you would defi itely be making more than 1 million in your workong life. his figures are based on fixed incomes over the course of 40-50 years. if you include variable incomes, meaning your pay changes or goes up then the amiunt you save is more. genius plan and makes a lot of sense. this should help most people in life. please listen to him.

[@WiredPockets]

Started applying the Latte Factor and it is making a difference.

[@808Blessed1]

Thank You Brian for sharing.

[@Cdogbillionaire]

Personally I think you are better off with an investment you understand, one that pays you money every month or week like a rental property.

[@RubertMarlinVMS]

You are correct, I sympathize with your thought that each customer/ investor will be better off with an investment they understand and deliver a frequent yield. Is exactly what we are practicing to assist, to support our customers to achieve their wealth building goals.

[@Hinshawlizzy]

This guidance is of value because he is showing that anyone can save enough money to be financially independent. If you break your norm of impulsive buying and implement frugality you can live comfortable.

[@ROGSYT]

This made me start saving, I'm working on it.

[@EddieDaOnly1]

Thats what I need to do. Im getting caught up with all my bills and by February I want to atleast save $40 a week from my checks and put inside my savings account

[@HealthInsurancePro]

Love Brian Tracy and what he teaches. Most people are too impatient to try just even this simple step tho. People hate that word "frugality" don't they ?

[@Alex-mv7ym]

Thank you darth sidious

[@marionwolf9891]

+Top Dog Guys i quit my job and I am making my living from home by working as a social media manger at *4NetJobs .Com* I recommend this website to all you guys I am making more then $25 an hour I highly recommend this website to all you guys ..................

[@AdamDTaylor]

Haha!

[@babalykane5096]

Thanks a lot for sharing this useful video

[@Jasmine-uw3sn]

Thank you so much for sharing! I need to get that concept in my head: PAY YOURSELF FIRST!

[@MikeKincaid79]

Awesome book!

[@paulkoffi1691]

The richest man in Israel says: Pay God first, then pay yourself. :D

[@ice_ryda]

lol

[@andresdelascasas7988]

Great!

[@Nitrotix1]

Paul Koffi god doesn't need money...

[@paulkoffi1691]

Bart Misiewicz it's a reference to the principle of tithing

[@raycocker639]

Who are you paying your tithes to? Meaning, where is it going? Catholic Church?

[@Zionism_Exposed]

Remember to learn skills that will give you money , like closing Saving is great but making more money is even better

[@tungha7509]

8-10% interest...yea gl to that

[@billiards147]

Learn how to trade... I make 2% a month which works out at 26.4% a year. 5 minutes work a day. Financial stability is easy.

[@achille295]

the average historical return of the stock market is 9% a year

[@rogeriopuhldeoliveira1739]

Great Brian, see youuuu!

[@ozc804]

Yeah but I wasn't asking you ... I was asking Brian Tracy the real expert and a real American !!!

[@kingsleyinyama1445]

Thanks Brian, honestly i have been making efforts to achieve this but it hasnt been so easy because of other financial commitments. However after your message i have taken decision to be disciplined towards this. Thanks.

[@joechisha4134]

It's very hard to keep money it's the tafest thing to do

[@joyherring81]

Thanks Brian Tracy!

[@duanewood3684]

As a whole, he gives sound advice, and saving money is important for anyone and everyone. That being said, you still have to be willing to spend from that money when the need arises. Medical bills, minimum debt payments, etc. can all become problematic if you start forcing yourself to live off of too little of your income in placing some within a savings.

[@Alex-qx5rv]

I suggest you guys read Wealth Elevations kindle books... He has some amazing ways of saving money

[@TheRedmanmark1]

I wouldn't put more than 2000 into any bank I would rather risk it getting burned in a house fire then a corrupt banker

[@del_84]

How much interest do you earn on cash stored in your house?

[@chunaioshisawada7901]

To prevent bankrupcy, Check the background of the bank then trace the company that was related too. And be updated, visit the bank weekly or daily.

[@pgo301]

del Yeah, not that .0002% a bank pays!!!

[@pgo301]

I agree with Mark, having it in your house is accessible 24 hours a day. If the government knows you have. THEY WANT IT!!!!! Perhaps buy gold or long term storage of foods.

[@del_84]

Patrick O'Connor Wow your bank sucks. I get 4%

[@boby1230]

Thats really wonderful advice.. Just need to be implemented

[@samchahine3]

Brian tracy is awesome speaker which I wull go see soon .he changed my life and I praise God for people like this zig Zigler .jim rohn.

[@GanpatiRam]

Thank you sir ❤

[@virakyouthmen4658]

Thank for sharing

[@CreditRepairCoach]

This video is really helpful. I just started to my aggressive savings plan.

[@alish2852]

GREAT GREAT TIPS THANKS FOR SAVING MY LIFE....

[@ZeeshanKhan-gv2ke]

thank you sir

[@anahuaca]

this is great

[@sansouth123]

Thanks

[@springinfall6818]

Very inspiring.

[@thokgamo21]

so convinced!

[@pammistar6192]

great advice.

[@sally86don]

thanks for the Video.

[@exposeevilpeople7922]

thanks, u save me from being broke....

[@TamLe-fg8xx]

The richest man in Vietnam says: Pay the government first, then pay yourself :D

[@TheKerryzzz]

Not if the market tanks. It has tanked numerous times within 20 yrs.

[@jenna_parker_03]

Great video. Yes, I'd be happy to subscribe

[@gtcutzbarbershopllc]

you are the man!!!!

[@SWIFTzTrigger]

Right...

[@galendracos]

the richest man in babylon. great book

[@amyasseektruth8246]

The old saying... More money more problems... Fucking so true even after I tried to NOT believe it... I started saving three years ago. Once I had reached R50 000.00 (ZAR) shit started hitting the fan. I mean, when I use to scrape through each month whilst enjoying my salary I had little to no problems. Minor ones, now that I have that lump sum, my problems are massive. Like my RX8 clutch, some stupid lady bumping my car - My screen of my S4, etc. WHAT THE FUCK?!?

[@alejandrorodriguez9088]

damn pay yourself first!!!! clever

[@JosephRosas1]

Its not the best thing thing to do to invest in mutual funds because they're not required to be transparent, in other words when you invest in a mutual fund they don't need to tell you where your money is going. Just a help full tip. I read this in "We Want You To Be Rich" By Donald Trump & Robert Kiyosaki

[@hannasworld832]

Great

[@ryanali6233]

Thanks and stop eat and drink sweet and save if you want something to drink they is something call aqua or water

[@hrehe1234]

haha "your average mutual fund that gives 8 to 10% per annum".. PLEASE tell me where I can find this average fund.

[@bizbooty]

I love this. Thanks for making this video! Subscribed!

[@tiotyme5532]

This is exactly what I did and it's been working for the last 3yrs. I have a 401k, I save all coins in a coin jar, cut out an expensive cell bill, stop buying/playing videogames, take a lunch to work at least 4 days a week instead of buying one and most importantly I "pay myself first" before paying any bills. The second part I did was increase my earning ability by changing careers. If you make more, you can save more as well. Don't lose focus...it will work!

[@BrianTracyOfficial]

+Roger Thatt All great tactics, Roger!

[@bryanjames1447]

401k's are obsolete and are poor investments. They are poor investments because they end up costing you more than they will ever make you. Your profits are greatly impacted from the mutual funds fees, (up to 8% disclosed, up to 24% or more hidden) and when you finally want to retire you must pay not only your own taxes but the mutual funds taxes as well, and your employers taxes. Search: "Frontline The Retirement Gamble" for more info on that. The solution lies in investing in ETFs, which Advisors don't talk about much because they know they'll make more in commissions having your money invested in independent Stocks, instead of large baskets of them like ETFs/Index Funds. In ETFs you won't have to worry about actively managing your money because you know what they do. Compound and rise gradually. The VTI stock for example is one ETF that basically contains roughly the entire U.S. Economy. It's YOUR money. The less that is being taken from you, the more you get to keep for yourself.

[@informaticasistemas6264]

Good job dude.

[@cliffordwaight5738]

+Bryan James am going to check them out

[@aaronwag2459]

How old are you if you don't mind me asking?

[@eudoxus3]

I learned the hard way that LUXURY is not your friend. For when times get tough LUXURY will leave you in despair. You may think of course NECESSITY must be your true friend, but nooo, NECESSITY is like Family, it is always nearby but doesn't always help to get you out of a rutt. Who then is your true friend? Your true friend is FRUGALITY, for even during the toughest times it will be there to help you.

[@tobiasbengtsson2112]

What does frugality mean?

[@eudoxus3]

frugality - the quality of being economical with money or food; thriftiness.

[@tobiasbengtsson2112]

Sam C thank you.

[@felixfelix1477]

Excellent! You tell em!

[@andrewsekay5104]

How true it is

[@mohsengholampur4546]

no doubt that you are still the best in the world sir

[@alexfayaz2411]

It is true

[@jeffdavis6670]

Unless someone understands the magic of "compound interest" saving a small amount of money may seem like a waste of time. But when your money begins to earn money you are making money twice as fast; there is the money you add to your account every month and the interest you earn from monies already in the account. The book "the richest man in Babylon" is a classic and if you have not read it you should. Brian you hit the nail on the head as always. Thanks much

[@Mittzie]

So much this, I took a personal finance and investment class in high school and the teacher spent soooo much time on compound interest that it's forever ingrained in my brain and I'm thankful for that. For those wondering a simple way of looking at compound interest is you earn interest on the total amount including any interest you may have earned previously. If you have 100$ at a 8% rate you get 108 in the account next time around its 8% of 108 added, (rounding) 116, then the next time 125, you earned 25$ of that 100 doing. NOTHING. And that's just a small summary of it some are more complicated but talk to your local bank and find out your options starting small and adding to it and leaving it you will gain over time.

[@Scott-by9ks]

+Jeff Davis This is bull shit! I stared investing when I was 19 years and there is no rhyme or reason for it. The only area where I think there is a great opportunity to understand investing is real estate. Stocks sucks and they are entirely unpredictable. Invest in something you can control or influence. Oh, and compounding interest sucks! It doesn't keep up with interest.

[@0pensourcegamer]

Real estate is risky as well, most shining example would be 2007/2008 recession.

[@maddenmaster365]

A very good tip for saving money is try not to spend so much money on fast food or and restaurant in general because if you think about it you're spending $5 for a meal that's only going to make you satisfied until you're hungry again. Not to mention money spent on fast food adds up.. Quick. Like seriously quick.

[@rustyray420]

maddenmaster365 fuck yeah i wasted so much money eating out all the time. that 10 bucks you spend on one meal from a fast food joint can get you 2-3 meals if you learn how to cook lol

[@tompaulcampbell]

Rusty Ray Plus, you can eat REAL food!

[@coachgumby1421]

+maddenmaster365 If you spent like 5 to 10 dollars a day eating out a lunch at work, that would add up very quick. It would be between 150 and 300 dollars a month on fast food. If you only make 2000 a month, it could end up being like 15% of your income. That 15% there is what you should be saving.

[@EdwardEllisBeforeTheFame]

You are amazing my brother, you are speaking the truth!! I will add you to my other greats: Napoleon Hill, Earl Nightingale, Bob Proctor, Les Brown, Dave Ramsey and many others. Great Job my good brother. Loved it Ed .

[@callumashworth]

And tai Lopez

[@AbleAbeStudios]

Great insight I must start doing this ...GO

[@ascetica0]

bad hand gestures but fucking dank knowledge yo.

[@BrianTracyOfficial]

ascetica0 Thank you for the feedback.

[@riancloete96]

+ascetica0 telling us everything we already know

[@alish2852]

+ascetica0 YOU ARE SIMPLY LOW MINDED

[@riancloete96]

school child

[@blackstarblues9055]

+ascetica0 It looks like Mr. Tracy might have some joint inflammation. Pay attention to others and show some understanding.

[@codystritz8822]

8 to 10% interest??????? Who the fuck are you kidding??? Most savings only give about 0.1%-0.5%

[@nattieb214]

Investment accounts are different than savings.

[@dominicbelleyweb]

cody stritz 0.1% to 0.5% are the common rates for checking/saving accounts. But that is just for your daily expenses. To get 3%-8% rates you have to invest in mutual funds for example.

[@goldenblooms6672]

Cody Stritz a TFSA

[@dominicbelleyweb]

a TFSA is just a type of account. If you don't invest into stocks or mutual funds inside your TFSA you will only get 1.5% or lower (on average) .. sometimes companies like Tangerine offer promotional rates for short period at the beginning of the year.

[@MoistsocksRS]

Great video, I have been saving since I was 13, I am now nearly 19 and I have never taken any money out of my saving... only added to it and it is growing amazingly!

[@gamaryan]

How much have you saved up by now?

[@percyastronautstatus.8780]

@@gamaryan 6.00 dollars

[@percyastronautstatus.8780]

Can I borrow some money

[@gamaryan]

@@percyastronautstatus.8780 Congrats, soon that 6.00 will turn into a 600 Unless you keep buying random shit u don't need

[@ericstephen123]

at 0:34, he rips one. Listen for it...

[@samuelquinones5832]

eric schmuck ..lmao..

[@peterturner5690]

Thank you for your great videos and advice!

[@brandon2932]

I saved $3000 in 4 months putting money aside!! But I rewarded myself by going to Vegas and spent it all :/

[@rehanaaiman4735]

Isn't that what savings are for? ;)

[@dominicbelleyweb]

brandon2932 That is what life is about. Work for cash and have fun spending it. Saving is necessary, but spending for fun is vital. And if you can save 3K in 4 month, it means you have no cash problem and earn more money than most people so have fun and enjoy life !

[@jpxgucci8801]

+Alex Plays bruh are joking

[@jpxgucci8801]

+fiji.12o7 are you joking *

[@randomnumbers84269]

That's why you should have separate accounts for savings which you intend to invest and for savings which you intend to just blow away.

[@LanegraSantiaguera]

Brian I just got married with your channel I subcribe in your site too,I told my frinds to heard to your videos in youtube,you are amazing.I was a shopper compulsive I am a women we go crazy with fashion,but now I am tired with the,MK ,GUCCI etc all those brands are just making $ with us,I will save my $ more than before,te adoroooo

[@PaulyGuy1]

I save 50% of my income 😅👍

[@713skywalker]

Great job...I'm only at 30% right now...hopefully I'll be saving 50% of my income within the next two years!

[@raycocker639]

I save 80 percent, But end up splashing it to save my gf ass.

[@goibby1323]

Paul OregonUSA must be a great feeling buddy

[@HunterHayden-y8h]

Great explanation I have just started saving and resources like this are always such a great help. I think your guidance is quite valuable as it helps lower the barrier to entry on how to start saving money!

[@paulag1805]

So, you have cultivated the discipline and have a saving's account and are ready to invest money - how do you pick the right investment funds? 8-10 % p.a. seem unreal these days. Or maybe I just don't know anyone who knows how to invest.

[@jessindeed]

Brilliant, easy-to-follow information. I had wondered how to save, even as I am not prosperous, and this video makes it so simple. I'll just start at 1% savings, and work my way up!!

[@dreinc1952]

this guy is right thoe saving is the best way to get rich,

[@mangomelon202]

Thank you for the great advices.

[@eduardomreddie]

I've been working for 600£ per week, for last 3 years all I've got is MacBook and cheap skoda fabia, that's because of spending money for not needing things and gambling. Now when i lost my good job and I'm working for 300£ pw I'll try to do what you've saying. Let's see what happens. I'll be back to u in one year. 😄

[@interests1094]

U earn that much a week..what's your job.

[@karaboll47]

2 years now , still waiting for your comment

[@Conviently]

3 Years now mate. Would like to hear what has happened.

[@beatingthebrokers8774]

I would love to hear how you did! Please, let us know.

[@maryrosevargas4589]

thank u for the advice start with 10% until 20% saving,,from now on I will follow ur advice.

[@garfieldlawrence2988]

i am earning a very low minimum wage,but I am going to start my financial accumulation journey today December 2016.Next year this date 2017 i will give you my result .I call it a Journey of a thousand miles. TEXT YOU IN THE FUTURE.

[@sirtrollsalot7439]

i'll be waiting

[@Sjwatts]

how was it then my dude

[@tagonminmyat2439]

I am thirteen years old boy from Myanmar. I wish you are my grandpa.

[@ThuyNguyen-bu9ge]

Paying yourself 10% is too low given how much inflation and the cost of living has increased. I think the percentage that you should pay yourself should be at least the amount you tip at a restaurant - which is currently 20%.

[@jasonjamaican]

Tiffastic Nguyen 10% is the lowest sweetheart, not the maximum. if 10% is what you can genuinely afford let it be so.

[@doublea7379]

+seeker jay true some people csn only afford ten

[@migelsker]

+Tiffastic Nguyen or better save the 20% tip´s and save that monny

[@Nocholas]

+Tiffastic Nguyen This is a negative comment. Some people are unable to save even 5% at this time. To those people, something is better than nothing!

[@prettynoose8497]

+Tiffastic Nguyen Indeed! If you can afford to do so, 20% is ideal. That is a great point Tiffany!

[@geronimofrederiks]

And then you die... #fail

[@nazamhussain6051]

I paid off my debt and started saving 40% of my salary.Have a couple more years before I retire think I am doing ok .

[@reversemoustachecat8127]

The hand movement is too synthetic and unnatural. It's breaking my attention and a bit annoying. Please stop it and you will look more natural.

[@frankfitzgerald9502]

I Was saying the same thing lmao

[@mohamedrafireporter]

என்ன நடக்குது புரியவில்லை.. மெடிடேஷன் சப்ஜெக்ட் பின்னே போய் கல்யாணம் மேட்டர் முன்னே வந்து சந்தேகத்தில் முடிந்தது. மெடிடேஷன்???

[@beautymee40]

I'm never tired of listening to Brain 🎊🥳🤗

[@deniseclark8055]

**Thank you, I'm starting to write things down now. I do Daily Affirmations & I also Meditate now. Just stared these things and I really feel it and people are seeing it too. Thank you for this video**

[@aminsarizadeh6852]

Woow thank you very much. That was really helpful

[@erickjuma7643]

In short he is saying, stay single a litle bit longer

[@fredrush534]

What? I thought the book said save at least 20% of your paycheck. Did you accidentally say 10% ?

[@rickgroot4799]

Been saving up since I was a little kid, always loved money I guess haha. I'm 23 now, i'm planning my worldtravel trough 28 countries for 1.5 years !

[@Serenas777]

Rick Groot so if we start to ow we can world travel in 23 years.. Not bad :)

[@datsunmadman]

I put 10% in my 401k. Is that good

[@percyastronautstatus.8780]

+datsunmadman U ROCK SON !!!!!!

[@bryanjames1447]

Search up "PBS Frontline The Retirement Gamble" it'll explain why 401ks are NOT good. If you want to build wealth overtime then cut out these mutual fund middle men and either do it yourself or better yet have an automated computer do it for you.

[@AD-eh7wh]

The whole sale price of milk is 6 cents cheaper than retail, compare that to all the groceries you buy in a month, then you will notice how much money you can save!

[@TheKerryzzz]

and who gets compound interest anymore. There is no interest on savings now.

[@grzegorz16100]

+TheKerryzzz Yup.

[@FrancoMendozaSpeaker]

2020 and now I am financially free💪🏼💪🏼💪🏼

[@FrancoMendozaSpeaker]

@Brian Tracy jajajaj no thanks SCAMMER.

[@bulusuniversity6815]

Useful practical insightful tips

[@mohamedrafireporter]

எடுத்த எடுப்பிலேயே அரசை சொல்லி மிரட்டலாமா? நியாயமா?

[@petradicostanzo4654]

Je fais 21 candidatures pour un stage pour mon études supérieures en RH européenne édition de mon livre apprendre anglais américain allemand par une formation cette été et connaissance des logiciels RH ainsi qu une connaissance approfondie de Windows 10 je travail énormément je réussi pour objectif le management international remerciant infini pronfonde gratitude merci ❤❤❤merci beaucoup pour ce post remerciant ❤❤❤merci

[@ahmadal-amdallal3699]

hello there I was watching your video and I thought of it as a great idea I live and work in the UK and really loved the idea of the 10% saving per pay check