How to Budget & Save - My Top 3 Tips for EASIER Budgeting!
Humphrey Yang
0:00 / 0:00
How to Budget & Save - My Top 3 Tips for EASIER Budgeting!
10 285 просмотров · 5 лет назад
Humphrey Yang
2,08 млн подписчиков
10 285 просмотров · 5 лет назад
I share my Top 3 Tips that helped me when it came to figuring out HOW to Budget and Save Money! I hope these tips help you as well.
► Make a Budget with Google Sheets: • How to Budget For Beginners - SIMPLE - Usi...
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Timestamps:
0:00 - Start Here
1:34 - Tip 1: Create a Budget
4:03 - Tip 2: Be Observant
5:00 - Tip 2: The 50/30/20 Rule
7:08 - Tip 3: Review Monthly
Tip 1: Budgeting is just simply Income - Expenses, Categorizing, and then Saving that difference. If you can figure that out, thats good. Obviously, a lot MORE goes into it than just that, but if you follow the steps in the video, you'll be better off!
Tip 2: Be observant + the 50/30/20 rule will help you budget, but keep it flexible - often times you can shift these numbers around depending on your situation.
Making it a habit to be observant of your spending will help you resist impulse purchases and the action of simply swiping your card.
Tip 3: Review Monthly to see how you're trending toward your goals - I like to check my bank balance every single month on the same day.
It's important to get good feedback loops. Continue to do this as you improve your budget.
Remember, a good budget comes with consistency and discipline.
Thanks for watching all!
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😺 WHO AM I: I am not a cat. My name is Humphrey Yang, I've built multiple businesses and am passionate about Personal Finance, Investing, among other things! If you're trying to build a solid foundation of financial literacy, learn to invest, or become financially free - then I'm here for you!
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PS: I am not a Financial Advisor, any investment commentary are my opinions only. Some of the links in this description are affiliate links that I do receive a commission for.