How I Saved $100,000 By 24

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  • Опубликовано: 26 июн 2024
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    I was looking at my finances recently and I realized I saved over 100k. So, I want to look back at all the things I’ve done since I got my first ever job when I was 16 to see how I was able to do it. Hopefully from that, you’ll learn from my experience.
    Also, something I forgot to mention in this video: I don’t have any student loan debt from my time studying mechanical engineering at the University of Waterloo. That’s because I was frugal with the money I made during my co-op/internships, so I could use it to pay for my university tuition. Plus, I applied to a ton of grants and bursaries that helped tremendously! Timestamps are as follows:
    00:00 Intro
    00:44 Car Finesse
    02:41 Reduce House Expenses
    03:25 Save on Big Expenses, Not Small
    04:15 Reduce Food Expenses
    04:49 Keeping My iPhone
    05:57 No Alcohol/Drugs
    06:32 Negotiating My Salary
    07:25 Side Hustles
    09:15 Make More Money
    10:22 Beware of Lifestyle Creep
    11:18 Never Buy Things on Sale
    12:11 Look for Positive ROI
    12:25 Use Credit Cards
    13:02 The 2-Day Rule
    13:18 Avoid After Pay
    13:54 Never Live Paycheck to Paycheck
    14:18 My Money Rules of Thumb
    The Excel Doc Mentioned in the Video: docs.google.com/spreadsheets/...
    My Engineering Notes to Prepare for Technical Interviews:
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    MY SOCIAL MEDIA:
    Instagram: / tamerxi (feel free to DM me!)
    LinkedIn: / tamershaheen (feel free to connect!)
    Twitter: / tamerxi (new account, feel free to tweet @ me!)
    Email: tamerhshaheen@gmail.com
    ABOUT ME:
    My name is Tamer Shaheen and I am a recent mechanical engineering graduate from the University of Waterloo, currently working as a Mechanical Design Engineer. I like to make videos about university/college, engineering, and personal development. Thank you so much for watching!

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