7 Simple Habits That Saved Me Lots of Money

These are the strategies I use to save money. They helped me go from minimum wage, broke and spending excessively, to multiplying my earnings, growing my savings and keeping my expenses low. I hope they help you on your journey to save money too.
Cheers,
Sam
RESOURCES MENTIONED
This book will change the way you see money (Millionaire Fastlane): amzn.to/3PwvGwm
Income multiplying principles (The Almanack of Naval Ravikant): Free at www.navalmanack.com/
How to guarantee your product is successful (The Lean Startup): amzn.to/49a4URA
How to sell your idea/product to anyone (Psychology of Selling): amzn.to/3J6OQ8R
How anyone can become a leader (Developing The Leader Within You 2.0): amzn.to/3x4N6tN
A deep actionable guide to leadership (The 5 Levels of Leadership): amzn.to/43IGduF
How finance professionals compare investment opportunities: corporatefinanceinstitute.com...
The Subtle Art of Not Giving a F*ck: amzn.to/4a3Dhed
Rich Habits Poor Habits: amzn.to/3VrPWD9
KEEP IN TOUCH
Instagram: / _sam_chiu
Twitter: / _sam_chiu
TIMESTAMPS
00:00 How to save money fast
00:16 How to multiply your income
03:27 A good place to start
04:18 Investing better than professionals
07:07 Where control over money starts
08:06 Getting rid of temptation at the root cause
08:46 Something to fall back on every time
10:18 How to stay satisfied AND spend less
11:29 Make sticking to your budget effortless
DISCLAIMER
This content is for educational and entertainment purposes only. Nothing written or discussed is intended to be construed, or relied upon, as investment, financial, legal, regulatory, accounting, tax or similar advice.
All opinions expressed by Sam Chiu are solely Sam Chiu’s opinions. You should not treat any opinion expressed by Sam Chiu as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. Sam Chiu’s opinions are based upon information he considers reliable, but does not warrant its completeness or accuracy, and it should not be relied upon as such. Sam Chiu is not under any obligation to update or correct any information provided. Sam Chiu’s statements and opinions are subject to change without notice.
This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned. Before acting on information, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser. Sam Chiu does not guarantee any specific outcome or profit. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
This video or video description contains affiliate links. They allow you to find the items mentioned in this video at no additional cost to you. I may earn a commission if you click through and make a purchase.

[@AnastasiiaEger]

This video was of such high quality! Lots of useful practical information with no bs & nice visuals:) Keep it up!

[@_Sam_Chiu]

Thank you for the kind words Anastasia

[@lenyacevedo7313]

how did you create the multiple accounts? mainly, what account did you use to automatically handle all the splitting of the money?

[@_Sam_Chiu]

Great question.
- For the Chequing accounts, banks usually only give you one. So I opened up a separate Chequing account with a second bank.
- And then each bank usually allows you to open multiple savings accounts with them. I was able to do this through by logging onto my account on their websites and finding the option to open an additional savings account.
- For splitting the money it works like this. I have my employer pay into my Savings account every single month. Lets say they usually pay me on the 1st of the month. Then in my online banking app I set up an automatic transfer to transfer from my Savings account to one of my chequing accounts for the amount I calculated I would spend on Essentials. And I set this to happen on the 3rd of every month (to allow time for the money to move).
- Then I just set another automatic transfer to the other Chequing account for Fun, and then another to another saving account for Investing. Then from then on it happens automatically without needing to do anything.
Hope that helps

[@MattDelovino]

good video!

[@_Sam_Chiu]

Thank you Matt!

[@kwahumagazine]

Wooo watching on 610 views and 610 subscribes

[@_Sam_Chiu]

Haha historic moment ☺ Thanks for watching

[@kwahumagazine]

@@_Sam_Chiu You welcome and great video there bro