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How I Saved $50,000 By 25 While Making $15 An Hour | Making It Work
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- Опубликовано: 7 авг 2024
- Still trying to figure out how to save money? In the inaugural episode of "Making It Work," one woman shares exactly how she saved $50,000 by age 25 - all while never making more than $15 an hour. Learn even more money saving tips here: • How I’m Saving Nearly ... .
"Making It Work" is brought to you by Wealthsimple. Start investing in your future at wealthsimple.com/TFD - our followers get $10,000 managed for free for one year when you sign up for your first account. (Applicable to residents of US, Canada + UK). *Please note that the offer mentioned on this video of a $50 cash bonus is no longer applicable.
Through weekly video essays, "Making It Work" showcases how real people have upgraded their personal or financial lives in some meaningful way. Making your life work for you doesn't mean getting rich just for the sake of it. It means making the most of what you have to build a life you love, both in your present and in your future. And while managing money is a crucial life skill for everyone, there's no one "right way" to go about it - you have to figure out what works best for you, full stop.
Video by Grace Lee
/ whatssogreataboutthat
/ whatssograce
Narrated by Miriam Olson
Based on an essay by Shannon Miller
/ thesugarshannon
shannon_mmi...
Read the original essay here:
thefinancialdiet.com/saved-50...
The Financial Diet site:
www.thefinancialdiet.com
Facebook: / thefinancialdiet
Twitter: / tfdiet
Tumblr: / thefinancialdiet
This 3-Minute Guide will show you how to save an extra $100: ruclips.net/video/SM9e20g8omI/видео.html.
I liked how honest this video was. No "try this new life-changing method!" she just shared her story and what worked for her, aware that it may not be for everyone. Could use more of this kind of content
Agreed! Maybe they could even ask for TFD viewers to submit some success stories for future videos like this. How they have changed their life in the last year, etc.
@@alexandra109 that's a fantastic idea!
To all the people complaining that "this doesn't work for everyone".... We know. She knows. She said multiple times that she had privileges, and that this isn't feasible for everyone, but rather what worked for HER. Just because a piece of information doesn't 100% apply to you, doesn't mean it's wrong or shouldn't be shared.
THANK YOU. Even a repeated, explicit caveat about "this doesn't apply to everyone" won't stop these commenters from getting pissed and threatening to unsubscribe. It's ridiculous.
Agreed however I think a lot of this frustration come from regular viewers of the channel who are fed up hearing the same stuff repackaged, when what they actually want to know is how to cope on much less money than the show typically deals with. I.e. ppl on min wages, short term temp or zero hrs contracts, ppl with set costs like children, student debt... or alternatively how to live a comfy lifestyle while improving one's money situation (i.e. not working unrealistic hours long term, or having to use every non working second on chores to save money) essentially a lot of ppl without priviledge find this site, stick around to get some decent tips, and instead hear the stuff they either already knew or which doesn't apply to their situation.
I think it's often a mismatch of expectation and what TFD offers which causes so many shoot-down type comments. Clearly there's a market for money saving tips for those on a lower income bracket.
SplatterInker well if thats the case, rather than wasting time on watching mostly unhelpful videos and writing angry comments, they should just unsubscribe and find a financial channel thats fits their situation better
caroline she did say the $15 an hour was almost nothing though which in itself is ridiculous
@@Rin-ef2tp That's her opinion. Plus it's all relative to where you live and what your cost of living is. For a lot of people, $15 an hour would not be a livable wage.
The attention to detail and perfect use of sound effects made this super satisfying to watch, not to mention it actually held valuable info!
P
1. i put in the work
2. i left my ego at the door
3. i asked, do i really need that
4. i still had a life
5. i paid a savings like a bill
6. And I lived with my parents.
All 6 points sound good to me
nenf III The hero we don’t deserve. Thank you.
And it still don't save much....
Im living with my parents and I have to save that is a real money-saver. I have to spend all my salary when I was living alone. Now I have saved $20 000 within 10 months.
Can we stop criticising her for a moment and just admire how well-made this video is? I enjoyed it much more than the regular girl-talks-to-camera type.
So true! Kudos to the editor
I did too. It was wonderful. It held my attention etc. I was a wee bit disappointed at how limited the advice was.
It's weird
Seriously!? Who cares how well made the video is. Like that totally isn’t the point here. 😂
I'm a student and I make around 800€ a month. My rent is 500€, adding to that bills and food, I spend around 650€ in total just to live. Instead of buying that new phone or eating out I choose to save what I have left, even if it's just 150€. Just by saving 150€ a month for a year, it adds up to 1800€. It's not huge, but at least it's something.
Honestly not a smart move. When you’ve got your degree, having saved these peanuts will only make you think back about the unique opportunities you likely won’t have attended, because they were too expensive.
Money has diminishing marginal utility too. Never in your life will spending be this beneficial to your well being. Just some thoughts
You may be very glad of that money some day, especially when job hunting after graduation. You’ll have enough to live on for a few months while you find the right job, or it’ll make a great emergency fund.
Sheesh I get where you are coming from, that you shouldn’t live for a possible future and feel deprived and miserable in the moment.
But as a student it still might be smart choice as it gives you a cushion for when your student days are over a new job might take some time. Plus delay in paycheck for the first month maybe anyway or you might need to move to a new place for work etc.
I sure didnt. I lived on student loans other than summer jobs as the idea of working along side my studies never went from idea to reality. And I really wish I had worked extra and had savings.
So to each there own what truly matters for them.
@@Sheeshening I don't deprive myself of any opportunities. I don't go out to eat so instead I make food from scratch and invite my friends over for a delicious dinner - or even better, we cook together! I live a simple life because I truly enjoy it. Last summer one of my cats got sick and vet bills are expensive, I was very glad I had savings. I grew up in poverty, so I know every penny is precious. Sometimes even "only" 1000€ might save a situation.
@@JehanineMelmoth It's totally an emergency fund! Last summer my cat got sick and vet bills are expensive so I had to dig into my savings, I was so glad I could pay the bills on the spot and be done with it instead of borrowing the money from my family or taking out a loan with my bank.
"Treat your savings like a bill." Man, a lightbulb went off when you said that! I've been struggling to put money into my savings account, and struggling even harder to keep it there. But I think if I treat it like a bill I can't skip or adjust, I think that will help me a lot. Thank you!
Acknowledges her privilege and money sense. Is still bashed for privilege.
Stop defending other people's brokenness and start offering help and education, like this chick. If you know of a better way to help people save $50,000 LETS SEE THE VIDEO GODDAMMIT.
I don't see many people "bashing her" it's just she obviously has a lot of privelege so the video while being well meaning is mostly useless for most people. It's very vague and offers no specific plans. For example David ramsey is broad enough that everyone can get help but specific enough that we can form a real plan. It applies to everyone. This video the woman is mostly able to save because her privelege. It's not that she has some privelege it's literally all privelege. It's like getting advice on how to buy a home from some one who hasn't bought a home since before the housing crash.
David Ramsey is a coach. She's not a coach. The video is titled appropriately. She explains how she made the most of her situation. She could have not saved, despite her privilege, but she did. If people look at this and feel like privilege is the reason she can and they cannot, they'll continue to not better themselves.
@@lupsie19 Thank you
👏🏼👏🏼👏🏼👏🏼
@@Allison_Hart If you cant get anything out of this video, you all are stupid.. I think, there are some of her point that can be applied and used.. Example, spend less than you earn.. Try looking at your last 5 purchase and see if there are really a necessity, if not try cutting it back.. Pay saving amount like it is a bill.. And many other more..
Unfortunately, living at home doesn't mean you can save money. Sometimes you live at home because you're helping your family out financially. I did that for a few years before I realized that I wasn't saving any money being home. I was in fact spending more than if I was by myself because I was cooking and preparing foods for everyone. Not to mention a cable bill I'd never have on my own and utilities for 3 people. Moving out with one roommate and not sharing food allowed me to save way more money than being at home. She acknowledges that what worked for her doesn't work for everyone, but I'm glad she had those opportunities and she used them. Some stay rent free and don't save. Instead they blow it on junk.
OMG Someone please give the graphic designer an award!! this video is sooo well made. I thoroughly enjoyed it. 👌
I’ve been doing this!! I’m 24 and been saving and working overtime. I live with my mom rent free but do pay for food and my car stuff. People think I’m trippin living at home but I’m like y’all continue eating noodles barely making ends meet living with roommates just to say your independent
Shauna Kabana sorry to break it to you but not everyone has the privilege to either have loving parents willing or able to let them stay (for free) or their family home to be in a place where they could commute to school/work. So while you are perfectly right to say it’s not a big deal living with your parents mid twenties, it’s pretty naive to suggest the only reason people are moving out is because they want to feel independent.
@@pippelotta1953 reading between the lines, I think Shauna was directing the last bit more at those who mock others for living at home.
Pippe Lotta I know that not everyone has the privilege I’m talking about the people that do have that option
Texas min wage is 7.25. 15 an hour sounds like a dream lol
Get Donald trump out, get another Obama and that should be fixed hopefully I The next decade. Ughhh...or move up here
While I totally agree that it should be $15 or more there too (because that's the bare minimum that everyone deserves to make when literally selling hours of their life they'll never get back), housing costs are also nearly double in some areas where $15/hr is the minimum wage. I think I was making $12/hr barista'ing in the Bay Area in 2017, where housing costs are $1000+/single room. Literally my entire paycheck went to rent and I lived off my tip money. I love California and can't imagine myself leaving, but I envy Texas' housing costs! ;)
Vote bernie he supports $15 minimum wage
Lyndsey Olsen totally I’m sure it is somewhat related to cost of living...we have rent here that is easily $900 for a 1 bedroom, but it’s still possible if you look hard, try hard and take some cuts like not the best area, no elevator, not trendy no dishwasher and you can have a bachelors suite for $625..I know I had one....our min I believe is $11.35 an hour in Winnipeg, MB
@@LS-qv1ei Obama didn't do that when he had 8 yrs in the WH--and TWO YEARS with the Democraps actually in control of all branches of government (Executive, Legislative & Judicial)!
damn i wish $15/hour was “almost nothing” to me
I can really relate to you
I would kill to make that much $$$
I feel so third world when i read this titles... But i'm in México so it's sadly realistic
I make $13/hr in CA for a place I've been at for 3 years. I need a salary job to survive.
Right? Like damn I'm 20 and I'd do anything for $15 an hour.
Everyone isn’t going to have the same story! Let’s all try to learn from the fundamentals instead of complaining about how much we do (or don’t) make and how we don’t have the benefit of living at home. -Akeiva
Ive built up a $10k emergency fund so far! Gonna keep going, thanks for the the animated video and your story
Inflation will eat up all that saving but ok...
@@campkira I keep it in a high yield savings account with a 2.25% apy so it actually holds out against inflation. I use Marcus by Goldman Sachs. Check that out or Ally, would recommend!
Roses are red, violets are blue there's always an Asian better than you
If all you needed was to make more than those who came into money such as lotteries or inheritance would always stay wealthy. Learning how to manage money is important no matter what we earn.
Other broke folks over 25 who are mentally travelling back in time rn?
I really liked the format of this video and I hope ones like this come out every now and again
Why is it that any time someone shares that they lived at home to save money, people POUNCE on them. Sorry some of us actually get along with our parents? That doesn't negate all of the other tips that she shared. It's not as if she did nothing else geez. If that part isn't applicable for you, why not follow the other tips and find what works best for YOU instead of complaining that someone else shared what worked for them.
because hippies perpetuated this idea back in the day if you weren't about free love and out of your parents place when you hit 18, you were a snob.
but yeah, you either end up living with roommates or parents so what's the difference? :(
That's kind of a simplistic view. It's just an unrealistic life option for many people.
It's good to keep conversations going about systemic issues while also getting by however you need to on an individual level. Not talking about how unrealistic a lot of these tips/situations are for a lot of people starts to create a common mindset that, for example, if you don't live with your parents to save money it's because you don't "get along." Basically, it's to help people like you have more empathy so that on community levels we can all work towards a better system. Try again.
It's not necessarily about getting along with parents. A lot of people have parents that were emotionally, physically and/or financially abusive, or just plain toxic and unwilling to help, leaving us on our own. I think people "pounce" because they're frustrated that videos like this often come from the perspective of someone who had help, whereas the viewers that "pounce" don't have the luxury of help, don't have a fallback, and have to rely on themselves totally and completely. I feel like people who don't have good parents and don't live at home, myself included, have a different reality. The stakes are different, the choices are different. If we can't come up with the money for something, that's it. The electricity gets shut off, or our landlord evicts us. And in deciding what's important, it's not a choice between eating at a restaurant and eating at home, but whether to pay the phone bill or credit card bill, or to buy a $1 box of mac and cheese or grapes for $3.25 (and feeling guilty for buying the grapes). I clicked on this video so fast, cause I was interested to see how this woman did it. Like, "Wow! She saved $50,000 by 25? I didn't think that was possible!" But, I ended up feeling disheartened because the way this woman saved money isn't at all practical for me. That's not her fault, she's just sharing her experience, like you said. But you've got to understand, when we see videos like this, it feels like having parents and living at home is the only way to become financially successful. It makes our impossible situation feel even more impossible, and that adds to the anxiety and depression we already feel, wondering where our next meal is going to come from. Again, not her fault. It's not anyone's fault. It's just the reailty for many people. Thanks for reading if you made it this far :) Just trying to create some understanding and a dialogue.
@@elisemedelez4422 Bless you for being a voice of reason and explaining everything with a calm tone. Like dang ya'll.
As someone under 25 tell me where I can get a job for $15/hr because I can’t.
Move to Alberta, Canada 🤷♀️😂 Our minimum wage is $15. But our costs offset that wage increase.
@@TurnAndBurn14 No it's not
@@KAIZENURAMESHI I have lived in Alberta my entire life. I promise you, our minimum wage is $15. I am a hiring manager, and as of October 1, 2018, all new associates were hired at $15.35 (because we pay higher than minimum), and all other associates had a pay increase to compensate.
++++
I work at an assembly line. Start off pay is 14.85 and tons of overtime, but hours can be long if you are not used to mandatory 12 hour shifts, it can be daunting.
I don’t think I ever clicked on a video so fast 😂 could really use $50,000 right about now!
That’s how you know where your problem lies ...
that mindset is going to keep u broke
ME TOO!
Or when you have 200k, but no skills to market it xD, it's gonna dissappear
Some things not addressed in the video.
$15/hour. Is that the average over 8 years or what she made the whole time? Did she work 40+ hours a week?
College. Did she go? If so, how did she pay for it? Did she work 40+ hours a week while going to college?
Utilities. Did she pay an evenly divided amount with the other bread winner(s) in the house or a set token amount?
I think this video gives unrealistic goals without giving all of the information. Yes, there are great tips and practices presented here. But, without all of the information, it sets unrealistic goal and may only set people up for failure.
I agree..
I appreciate that she is making an effort to acknowledge her unique circumstances and privilege, but I was wondering this too! Are we supposed to understand that she was working a full time job for $15 an hour AND babysitting 20-25 hours a week? That's easily working 60 hours a week, without factoring in transport between home and different working locations. I'm surprised she was able to have a social life or decompress if that was what she was doing!
Plus something that people should really mention more often with side hustles is that you should really be setting yourself up with HMRC and paying taxes on that money - you probably won't be caught out babysitting but many side hustles are more easily traceable and you don't want to get in trouble for not paying taxes!
IndigoJo All that while going to college and taking the occasional weekend get away.
And besides that LOTS OF US and living on A LOT LESS than $15 and hour !
Hi Daniel! I wrote this video and figured I'd answer some questions. I graduated college with a degree in accounting. I graduated with about $2,000 in savings from working part time in college. The bulk of the savings talked about in this video was made from ages 22-25. Also want to add that this counts my 25th year, not some birthday cut off date. I worked 40 hours a week at my 9-5 during this time.
This was really well done and informational. Thanks TFD.
This has been my favorite video to date from TFD (for which I turn to for the majority of my financial advice).
As a student who can only afford to pay for classes part-time on a minimum wage job, I often feel overwhelmed with the notion that I will forever be in debt without savings. This video motivates me on what's possible, providing an ever-necessary light of hope :)
I couldn’t keep my eyes off the video! Well done TFD, stays true to the message but always experimenting. I DESPERATELY needed this because I am currently getting paid 15.60 and just can’t get to saving anything! Any tips on how to balance it all especially with a credit card debts involved in the equation?
so many comments saying this isn't realistic but just know that this is an example and not everyone is the same or has the same situation. I personally enjoyed hearing how she achieved that goal. Also, love how this video was made! xx
Wow - I love this video! Thank you for all the wonderful content, TFD! You help to keep my motivated, inspired, & on track to achieving financial independence.
Thank you for sharing your living situation! I live at home too because my state (New Jersey) is mad expensive to live in and I contribute to our household by doing pretty much everything around the house (cleaning, laundry, cooking, etc) as my rent. There is no shame living at home and saving that money if the option is available to you, as long as you are contributing to the household you are still just as much an adult as anyone else!
I chose different path. Instead of making more money, I decided to choose work that is beneficial for my CV and for my field of study. So now, I will finish law school with 4 years experience in the legal field. I may have less savings than my frined who does hostesing, but I have a serious advantage in my experience.
This is one of the most honest, no-hype content on growing your savings. Truth to be told, I was not caught by the 50 K sgd. I was more drawn by the fact that her process was simple, classic and boring. In the finance world, I learned that slow is smooth, steady and strong. I also learned that the more systematic and boring it is, the more effective it can be. Thank you TFD!
I love this new design and style of video! 🙌🏾 Thanks for the tips!
Loved how upfront this was. Paying savings like a bill.... excellent thought. And the QUALITY - yes TFD, stepping it up!!
This is an awesome video. Everything single thing about it, the way it sounds, the voiceover, the graphics, the information.
I really liked hearing your story, you are smart and hardworking. I imagine your parents set a good example or taught you about money and are proud of you. Many young people (I am in my 60's) have not been taught those things and only learn to save after they have gotten into trouble...but it's never too late. The main theme is do not be impulsive, that works for all areas of life. My husband and I were not good at saving when young, we never had much money, but I realize we had a "side hustle". When our friends were buying cute condos and living in fancy apartments we bought an old ramshackle house (where our money went) and fixed it up. We sold it for a 30K profit...a lot in the 70's and bought another...and another and another. By the time we were in our 40's and 50's we had saved a lot of money because we no longer had a house payment. We also owned a rental house that brought in extra. My husband retired at 56 and I did at 60. And guess what we are doing? Sold our home and are remodeling a retirement cottage. My point is, what ever your talent is use it.
Ah! It was good to hear Lauren's voice at the end!
I LOVE THIS VIDEO FORMAT!!!!! Knowing EXACTLY where your money goes is key to being successful, ALWAYS!!!!
if the fee for wealth simple is 0.5%, how often is that fee charged? like if you put $10,000 in, is that $50 a month or $50 a year?
if it is $50 a year, will it be $4.16 a month or charged once for the year?
Almost nothing = double minimum wage. Interesting
We don't know where she lives so there's no way of knowing what the minimum wage is in that part of the country...
She said FOR HER INDUSTRY.
Idk where she lives, but in California's bay area that is nothing :/
Yeah in my area, that's not much of anything as well
For the record that's not a criticism of her, it's a commentary on how low minimum wage is.
I’m noticing that TFD is now recommending Wealth Simple more and not Acorns so much. Can I please get a comparison on both companies? I’m not sure which one to begin investing with.
Love this format! Looking forward to more vids like it!
I love this series already!!!
I like the idea of lowering the amount you can buy a problem item to a certain frequency. I've been trying to grocery shop every week, once a week. When I run out of something, I can find a way to manage for a few days. So I'm not tempted to overstock like when I'd shop every 2 weeks. And I'm limiting how many off the list impulse buys I make by not just running in for one thing.
I live in the UK and signed up to Wealthsimple but didn't receive the equivalent of $50 on sign up. Does it not apply to those outside of North America?
The content is fantastic and wonderful because of it's simplicity and honesty, but I also want to say that the editing on this video is AMAZING. All the work put in on the artistic side of this channel is not lost :)
Really enjoyed this style of video. The graphics really helped me focus on the story. Would love to see more content like this! Also, props to whoever edited this!!!
I watch a lot of personal finance advice videos: I like this one enough to show it to my child. Good, solid, straight-forward advice, with a dose of humility, and cheerfulness. We also watch episodes of Gail Vaz Oxlade’s shows on RUclips together (Til Debt do us Part, etc.)
Love that 15$ an hour is nothing as per the thumbnail. Making 13€ an hour in Ireland is considered a lot.
Living rent free at your parents must have been nice for your savings, but it's a band-aid on the fact that you weren't being paid a living wage - a wage high enough to afford to amass a savings WHILE paying for everything your parents paid for while you lived with them. When people try to follow this advice and fail they'll beat themselves up for "not working hard enough" or "having high standards" or "not controlling their spending" when the problem is *systemic* . What let you save this was luck - the luck to have good enough parents.
Jacob Driscoll I was thinking much the same thing. She was not paying the full rate for living costs. She said she paid her parents “some money for utilities “. What does that mean? What about insurance? Did she have any? Car, health, home? She said college wasn’t free but nothing about how it was paid for.
I do agree that if you get along with your parents and they are willing to cover your living expenses, then yes, sock away your money.
Well in the video she did say that this method is not for everyone and works just for her.
💯 Jacob. *Thank you for speaking Truth!!!!*
Yup. That's the biggest factor. My rent alone is 5 times what I would "give for utilities" if I was living at home (and that's if I was paying *full* utilities-- I doubt she even did that).
She literally says this at 2:27
Everyone that can’t get over her living with her parents is missing the bigger picture here. She was consciously managing her money and being frugal where she needed to be. There are people who live with their parents till they’re 30 and have no savings. Don’t diminish her triumphs because you didn’t resonate with one piece of her story.
TFD this was a good refreshing format. Keep on trying new things.
This was so enjoyable to watch! Lovely animation and tips that aren't patronising and can work on a really low income
What I like about TFD is how specific and realistic the tips and advice are..I find this a little vague..but I like the style of the video
Great content, love the graphics, love the amount of logic here, and yet it's got heart and sincerity. Thank you.
The aesthetic of this is amazing. Reminds me of the TED Ed videos. And the content is spot on.
Please Somebody tell me what program is she using to create her videos?
How inspirational & makes one think all the small amounts here & there do add up.
Greetings from South Africa
Great video guys! You did a great job! Supper informative too. I like the idea of "paying savings like a bill."
I just bought your book!! So excited to read it!!!!
Not watched the vid yet but as someone with a hourly pay to more like 12.8 or less dollars an hour 15 seems like a pretty High salary.
But I suppose if you have children and /or live where house/rent cost are high then I guess your salary gets swallowed up quick.
Plus I guess your income always tend to make your spendings increase as you get used to a particular living standard. Anyways, budgeting can always help:)
Love the the format of this video! But I would also love to see some like this with a person who had actual bills, rent, and a single income.
I like how honest this video is about her advantages. Reading the comments I see a lot of people saying that their minimum wage is about 1/2 as much as the narrator's avg wage. I live in Toronto, our minimum wage recently raised to $14 hour from around $11. With the increase, everything went up - groceries, rent, utilities, and of course personal goods. I think the minimum wage in your city has to be proportionate to the cost of living. Also, people like myself who were being paid a little more than minimum before the increase now have less money to work with because of the inflation of goods and services. I'm working on establishing a successful side hustle because I can't go back to working 2-3 jobs, I'm legally blind and it's not feasible anymore. Anyone in the same boat?
Awesome episode; I look forward to more. P.S.: so nice to hear Lauren's voice again at the end! Thanks, TFD. You guys rock.
Thanks, I'm glad you noticed that! hehe -- Lauren
funny how everyone in the comments is bashing this girl for being privileged yet don't understand that they're all privileged for living in the states/first world countries whereas those of us who had the misfortune of having been born in poorer countries will never make/save up this much money even in 10 years regardless of whether or not we live with our parents
Love the style of this video!
You call $15 nothing?? I make $8 an hour for 5 hours a day for 4 days a week and my paycheck every week is $142-143. And I'm 27. I use to make more money in my previous job than I make now but that was because my previous was constantly understaffed so I had no work-life balance. I worked every single day and put in overtime and the treatment was horrible amd that's why I quit and now I work what feels like an after school job. Must be nice making $15 an hour.
Oh and $110 of that money each week goes towards bills. I can't pay for my rent in full because its $842 and I can't even pay for half of my rent because it would cut into paying for my electricity and my $40 cell phone bill
And I have tried to advance at my work but my boss doesn't care and wants to keep me in my shirty position of being a dishwasher. Dishwasher always are looked down on as though we're easily replaceable and we don't want to succeed. It a sad position and I have been doing it for 4 years and counting and when you try to find a job that isn't dishwashing they look at you like you're brain dead and you can count on not getting the job.
No doubt $8 an hour isn't much, but if you're only working 5hrs a day 4 days a week, that's only 20 hours. Can you add more hours so that you're at least working full time hours? Or pick up a job on the side as she did to supplement. FT expenses require a FT job.
@@evergreen429 nope. I asked my boss and they have enough staff that I can't give any more hours unless someone requests a day or something off but nobody in my position asks for a day off
I've also applied for jobs and never got a call back.
Great info! I also really liked the design of the video itself, too. Really well done!
This is a great video. I do think this channel was one of my greatest RUclips discoveries of 2018. Thank you for sharing your story.
What is a good financial indicator or goal to have for moving out of the parents’ house?
Love this. ThankS!
$15 per hour in San Francisco or NYC IS practically nothing.
And Dc
The design and animation in this video is really good. I loved the old school pictures mixed with the modern design and colours. Most of these factors don't really work for me since I'm still studying I'm not too focused on saving that much right now. I have my emergency fund saved but am not able to put in more, because I really want to focuse on school til I'm done. Also, I know the "live with your parents" advice gets passed round a lot but it's really not for everyone. I'm so glad I moved out when I was just 19 and I now have a lot of friends who are just moving now out with 26 and lack some serious adulting skills in just taking care of themselves and a flat.
Whoever did the voice over did an amazing job. Your voice is so calming and relaxing. The setup and visuals were top notch too. Really enjoyed it
I'm curious to know long it took to save that much. I'm not sure if I missed it in the video, but what age did she start saving at. I'm currently 21 almost 22. Is saving that much by age 25 still possible for me based on this approach?
Which software do you use to make the animated slideshow with?
Just Subscribed. Loved this Video.TFS. Much LOVE from Georgia
This was a great video! I would love to see a video about how you learned to invest! Thanks!
Lived with parents is basically the key to all of this. Even if you pay rent to your parents, the amount of living expenses that end up not falling on you if you’re staying in your family home is quite substantial. Less spending on food, utilities, tv, internet, no security deposit, no renters insurance, no pet fees, I could go on and on. It’s a great idea for anyone who has that as a feasible option, which certainly isn’t everyone. Some of us would rather be poor ;)
I barely had a choice of moving out when I was 17, would have loved the option to live at home, work while going to school and save money in my early 20's. Even 2-3 grand a year I'd have 20k cash in my bank right now. It's not that hard when you don't have to worry about food and rent. I think 75% of the population could pull it off.
I LOVED this format. Way to go!
This was awesome, great editing and style. I loved it an cannot wait to see more!
Hi, does Wealthsimple work with the users outside the USA?
Hi there, Wealthsimple is available for UK and Canadian citizens. This particular promotion is only for U.S. users at the moment, but if that changes we'll be sure to make a note of that in the description of future videos.
So impressed with you all and how your company has grown and how graphics are AWESOME! Well done.
This is so helpful! Thank you
These are super cool! Looking forward to more!
Plenty of minimum wage working immigrants buy houses within 10 years. It's just a matter of saving up money and being very frugal for a shortwhile and eventually in 20 years you can be a millionaire if you begin investing, because after you buy the first house, the savings accrue much quicker and it's exponentially so the sooner you start saving the easier it becomes afterwards.
This is what I needed. I few months ago I commented on how I am a senior in high school looking on something that can work for me. I’ve been trying to save money for college because paying off student loans is something I’m not a fan of. I’ve tried to start getting good with money now so I don’t have to worry about it later. I want to go into nonprofit work because to me that’s where I’ll feel the most fulfilled. I don’t want to have to worry about money when I’m doing this thing I love. Does anyone have any apps that has helped them? For budgeting, saving, or investing?
Great video! Thank you for sharing.
Thanks . You have motivate me
I enjoyed this format❗️❤️
This was highly informative and SO fun to watch!!!
I'm loving the style! What software are you using?
*Loving the content and edit* 🔥🔥 great tips!!
I really enjoyed the editing in this video. This was really cool. Thanks for the tips !
I'm LOVING this video style. Conveniently listened to it in my car!
Love this new series!!! Great content Team!
the editing!! Love this content!!
So you didn’t pay rent. How much does food and utilities cost a month like $300 tops?
Loved this style of video!
"Setting your savings like a bill" This is what i do! It's an auto-pay from my checking acct to my savings so i just "set it and forget it." At the end of the year i reevaluate my situation to see if i can't up the savings deposits or transfer a portion to another acct like an IRA or separate savings for a specific thing (a vacay, or big toy). Sometimes i can't, and that's ok. I'm still saving and i still have a nice little nest egg for emergencies and other stuff.
I'm so excited for this series!!
Wow I love this! Just the inspiration I needed with saving money.