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From Part time job to Homeowner: My Savings Story. Money coffee #1

A life well spent

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From Part time job to Homeowner: My Savings Story. Money coffee #1

113 просмотров · 2 нед. назад
A life well spent
159 подписчиков
113 просмотров · 2 нед. назад
At 15 I started saving half of my paycheck. At 21, I bought my first apartment. So why am I telling you not to save 50%? Welcome to the first ever Money Coffee! A terrible idea, since I can't drink the coffee while talking, but lets not make the concept hold us back from teaching each other about money. In this episode: how a part-time job at a bakery turned into my first home, the one tip I wish everyone knew (automate your savings), and why you should start with a much smaller number than I did. The tip: set up an automatic transfer on payday, not at the end of the month, and start with an amount you barely notice. €20 is a great start! Subscribe if you want more small, useful money tips. As a new creator on the platform I really apriciate every view, comment and follow! 00:00 THE best money hack 00:25 How the hack changed my life 02:25 I bought my own apartment at 21 02:56 don’t wait untill you have «adult money» 03:45 I buy an apartment with a room to rent out 💰💰 04:25 my life today 05:00 investing 07:00 automatic investing 07:52 pick your savings strategy 09:20 How much to save automatically? 10:25 Build saving habits, financial self esteem and your wealth at the same time 10:40 start now Note: Amounts are in Norwegian kroner (NOK). 100 NOK is about €10. This is my personal experience and general education, not financial advice.