16 Tips to Save $100,000 by the Time You're 30
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- Опубліковано 12 вер 2019
- How can you save $100,000 by the time you turn 30? Hmm…Be a genius and get a super well-paid job? Find some rich relatives to financially support you? Win the lottery? Good luck with that. Or maybe first try these tips that work nearly 100% of the time.
Unless you have a good financial base, consider using public transit or riding a bike. Some big-wig leaders do it! Get acquainted with your inner chef, and get to know your stove a little better. And, guys, forget the phrase “Because I can afford it!“ Someone who makes less money but is wiser about it has better chances of saving $100,000 than someone who can't stop shopping to impress.
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TIMESTAMPS:
Make saving automatic 0:24
Ignore the latest trends 1:00
Cancel club memberships you don’t use 1:30
Buy video games you can play over and over 2:03
Forget the phrase “Because I can afford it!” 2:36
Adjust the thermostat 3:13
Unplug what you’re not using 3:39
Switch to LED bulbs 3:59
Pick the right-sized cookware 4:31
Save water 5:00
Use the dishwasher 5:37
Master the art of cooking 6:10
Don't buy an expensive car 6:40
Invest in real estate 7:13
Try something new 7:45
Live with your parents 8:19
#savingmoney #everydaylife #brightside
SUMMARY:
- Set up automatic transfers into your savings account. If you save 5 - 10% of your income this way, which doesn’t sound like a lot, you’ll be surprised to see how much it’ll turn into after a few years.
- There’s really no need to go out and buy a bunch of new clothes just because a certain shade of blue is “in” this season.
- If you’re not using all those things you signed up for months ago, then just cancel them!
- Grab a blanket or open a window before you depend so heavily on the heater or AC to keep you comfy.
- It's a good idea to keep all electrical appliances unplugged when you’re not using them.
- LED bulbs cost more than old-school incandescent ones, but the benefits outweigh the initial price hike.
- You'll be surprised to know that up to 50% of the electricity is wasted when you choose the wrong size pots and pans.
- A person can waste 5 to 8 gallons of water while brushing their teeth or shaving. The solution: turn the faucet or shower off if you’re not using the water at that moment!
- Believe it or not, a huge powerful dishwasher actually uses less water than a person who hand-washes the dishes.
- In fact, if you’re eating “cheap” at fast food restaurants and not fancy sit-in places, you’re still spending way more than you would if you just cook at home.
- Buying a car is one thing and paying for its maintenance is another. Unless you have a good financial base, consider using public transit or riding a bike.
- Unless you have to take out a mortgage, any real estate pays itself off pretty quickly, whether you live in it or rent it out to someone else.
- Don't be afraid to try something new while you're still young - like a new job, for example. There’s a chance that you’ll discover a talent for something that’ll bring you much more money and fun than your old job.
- While this used to be a running joke about people who were too unsuccessful to make it on their own, more and more young adults are happy to live with their parents these days!
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www.brightside.me/ - Навчання та стиль
Hey there, BrightSiders! How much money did you end up saving last month?
-000 000
i live cheap lol, $1500
420
Just over $1,000 Australian dollars.
0000000000000000,00000000000000,,00,0,0,0,0000,00
Excellent tips! Here are my favorites:
1. Identify whether it’s a “want” or a “need”. Be honest. If it’s only a “want”, give it 30 days.
2. Borrow from your local library instead of buying that book, magazine, album, movie, etc.
3. Stop bad, costly habits, like smoking, drinking, and eating junk food. You’ll not only save today, you’ll save much more as you age: no expensive pills, operations, health care...
4. Eat leftovers. Cook and store basic foods (like beans, pasta, rice, sauces, soups, chicken fingers, meatballs and burgers) for meals during the week. I put cooked food in freezer bags and squish flat to freeze. Then I just break off what I need for that meal.
5. Make meat an accompaniment rather than the main part of a meal. Check out foreign culture cookbooks (in the library) for ideas. Or substitute meat with other sources of protein (like beans, legumes, tofu, quinoa).
6. Try washing clothes in this very effective and dirt cheap powder: mix one cup OxyClean powder with one cup washing soda (not baking soda) in a covered container. Use one Tablespoon of the mix per load. Use cold water.
7. Take snacks and beverages (filtered water in thermoses) with you to avoid having to stop at expensive convenience stores when you’re out.
8. Spend money on experiences rather than things. Go to concerts, plays, museums, have a picnic in the park, go on nature hikes, play cards or board games with family and friends.
9. Give yourself a realistic goal, like buying a home, saving for your kids’ college, your retirement. Then ask if what you want to buy (notice I said “want, not “need”?) is worth taking away from that goal.
10. Strike a balance between saving for tomorrow and enjoying today. Be creative with saving money without sacrificing all the joy of living.
*I'll come back when I'm 30, and I'll see how accurate and helpful this video was.*
Me to
Lol
If you actually remember to do that please answer my comment
@@doriry5368 I'll be waiting.. Till the future Comes
Please answere this if there will be still youtube. Would be a nice time capsule :D
set a budget, identify high paying skills, acquire them, invest
Most people debt stick to a budget
Scott Swalwell good thinking!
You watch lot of bright side
I know
Moana glass?
conclusion :
1. auto transfer to saving accounts every months
2. stop following trends
3. stop wasted membership
4. bought games with high replay value (makes you play it for a long time)
5. wiser when go shopping
6. not too dependent for thermostat (use electricity wisely)
7. unplug unused electricity hardware (use electricity wisely)
8. choose LED bulbs, use electricity wisely, again !
9. right sized cook wire
10. use water wisely at bathroom
11. less water dish-washer
12. eat at home by your own cooking
you're welcome
Faisal Muhammad thank you
over doing. By my opinion. Btw, the video is great an big thank you
I follow most of these but I'm $100,000 in debt. LOL.
I'm 4 months away from 30 years old and I'm broke. I hate it. Thanks for this info.
I already do tip 1, 2, 3, 5, 7, 10 12, 16 and I’ve successfully saved more than an average 21 y/o would have in their bank account 😊
.
I’ll also add the following tips
--> avoid being friends with people who pressure you to purchase things you don’t need or friends you feel the need to impress with materialistic things to stay friends with them.
--> Purchase food in bulk and reduce your visit to restaurants or junk food buying
--> Avoid impulse spending and purchase in bulk
--> purchase items based on beauty not based on brand name.
--> Have a purposeful spending habit and not unnecessary spending.
--> Stay quiet about how much you have to prevent people coming to beg or borrow money from you which they likely would never repay.
Thanks for the tips :)
Rabu Rabu you’re welcome
Also have a good health insurance helps, those thing costs if you have a unhealthy diet/habit.....
Good to see other young people are responsible with money :) agree 100% with you about buying less junk food honestly you can make pretty much the same stuff at home for so much less
Misaka Mikoto I honestly don’t know anything about insurance lol I haven’t gone to the hospital in about 2 years now and I rarely ever go.
1. Dishwasher actually uses more money to run, rather than hand washing. Not considering the cost of the dishwasher unit itself.
2. Never put objects in a tank of a toilet. Modern toilets are already low gpf, lowering the gpf even further will result in clogged sewers and costly repairs.
30, huh? Well, that makes me 7 years too late. 😂
Great tips ! Thanks for sharing
Don’t be like most Americans big spenders just to show-off what they don’t have. Almost Everything they have is charged to a credit card with a high interest rate. Save your 💰 💴 💵 💰.
I always say "if I can see ALL of your $$$, you don't have any"
I m 21 and till 30 i think i will end up saving more than this
I found this really helpful.Thanks Bright Side
Excellent, excellent and excellent advice indeed. Many thanks for all of your educational videos.
Sincerely Babur
TIMESTAMPS:
Make saving automatic 0:24
Ignore the latest trends 1:00
Cancel club memberships you don’t use 1:30
Buy video games you can play over and over 2:03
Forget the phrase “Because I can afford it!” 2:36
Adjust the thermostat 3:13
Unplug what you’re not using 3:39
Switch to LED bulbs 3:59
Pick the right-sized cookware 4:31
Save water 5:00
Use the dishwasher 5:37
Master the art of cooking 6:10
Don't buy an expensive car 6:40
Invest in real estate 7:13
Try something new 7:45
Live with your parents 8:19
This Video really helps me. Thank you
Number 1- don't have kids.
Lol
And that does include pets! My dogs are expensive!
exactly 😂
oh yeah
Then what will u do with your money? 🤔
Very helpful video by Bright side Thank you bright side ... keep it up
Good tips! Thanks, Bright Side! 💗
I'm already 30 😀
How is your savings?
I’m 36 already 😭
Maybe before I’m 40?! 🤣🤣🤣
How's the plan going
It’s never too late to start saving. I’m 64. I’ve always been frugal anyway, but as retirement loomed ahead, I paid more attention to ways to save money. Check out Pinterest for some excellent ideas on saving money.
loved this!
Hey bright side,
Love your vids ❤️ your vids really help me through life.
This is how much we love you
👇🏼
Amazing tips thanks Bright side 😌☺️☺️
Maybe I'll just make myself alive for a hundred years and boom! Cha-Ching! A *₱100 000!!!*
I LOVE bright side you guys are legends 👍👍👍👌👌👌👌
when i'm already 30
i will watch this again...
Nice Advice BrightSide ...
And i will do a topic like this on my channel Soon :)
Use jacks with a power switch, is an efficient way to eliminate the sleep mode.
Nice tips, Bright Side❤
Thanks
$
You are awesome
Buy only what you need, of course, just don't wait until you need it. Buy when it's on sale, in bulk if it's cheaper, will not spoil and you have room to store it.
I love your video!!!!!!! Thank you for your tips!!!!!!!!!!!!!!!!!
This video was helpful.
that why i go thrift store or sale at the mall i never used my air
Dam! No air...
3:56 this can be true, but it takes much more power once you plug it back in because it has to circulators way back into the socket so if it’s something that you don’t use but once a day that’s fine but if it’s like your cell phone every hour so you’re plugging in an out that’s going to draw more energy because it’s going to pull more
omg so glad i came across this video.....my 30th birthday tomorrow! i sure could use the money better get started..... got things to do to save 100,000 b4 12:01...yaaay
8suggiee first of all, happy birthday!!! 🎂🎉🎈
Start the day after tomorrow to save money. Be conservative (buy what you need, think seriously about what you want), but not stingy (life is to enjoy). That way, when you reach 60 or so, you will have enjoyed the previous thirty years, but not stressed over your retirement years.
I can’t wait to see this
Almost any ohther gaming platform is more recyclable than PC. In our country we have special game that are "SPECIALLIZED IN SECOND HAND GAMING". When your bring your old games to them, they either give cash or trading value for their game collection (usually 30% trading value more than in just plainly cash).
This helped a bit for my 32 yrs old friend
I’m glad I have come across this video as most people around me don’t understand these saving tips. I’m 25 yo & I have got $82k savings + $15k worth car.
Now if anyone would see me, they won’t think I have this much money & that’s cuz I don’t show off on materialistic things. I save up on little things. I still have a very comfortable life but I just don’t chase after every new thing or anything that I don’t need to survive. I’m grateful that I got these traits 😌🙂
I came across this line few years ago that I always kept in my mind :
“ Don’t go broke in order to look rich”
No.16 alot of parents will not like you 😂 because the children still don't save they see it as having more money to spend 😂
I follow / do all this and I have bought 2 pieces LAND. I paid off in No Time. Than i bought some nice things. Now going to build next goal.
1 tip. Travel to a particular suburb where by a miracle all hairdresser salons are 1/4 cheaper Than everywhere else for some reason.
2 Go to supermarket and to a nice local park and cook on the gas cooker which are for free. In Australia anyway.
3 buy a car that has a nice interior for $200 that needs a new Engine putin it. Buy the engine for $3-8000 get it put in for $1 500 and you have a new car!
Great video for kids! Excellent job ❤️🧡💛💚💙💜💙💚💛🧡❤️🧡💛💙💜
This is not for kids
some pretty good advice...
Ok about 20 years from now I'll see if this video helped me save money then I'll come back and like the video
For the replay games there is definetly skyrim and fallout series. Sence i played first time skyrim i never stop loving it and a reason why it is so replayable are mods a thousand of mods on nexus which include some great quest mods + the time you spend on modding the game i did mod my skyrim 1 month before i start finally playing it ;)
Yeah any way. Why buy a new phone while you already have a phone that's working
Thanks
So. Cool
Many of these, you have to sacrifice to save, I don't believe in that. If I look back at the past 25-30 years, pirating movies, TV shows, music, video games, etc... that saved me a small fortune. I got into LED bulbs in 2011/2012, yup, great tip. If you have an office job, fight for the right to work from home. I have no transportation costs, less laundry costs, no daily coffees, no lunch costs, no temptation to buy stuff you are in the business/retail district, etc. While I haven't saved $100,000, I have had more money to buy my tech toys. Actually technically I have saved several hundred thousand dollars. I bought my house for $175,000 in 2000, today it is worth $500-700K, but good luck doing that today.
11. Dishwasher
Very common talked about.
But I dont really agree.
Yes you maybe save much water and water maybe cost a lot.
But in Sweden its pretty cheap.
Still many here too talk about this saving.
But a dishwasher costs money to buy. My recent one did cost about 1000$ and still it did last only 6 years. 13$ per month just the machine. Okey there is cheaper machines and machines that last longer time before they broke, but still a thing to think.
The washing powder you use in the machine also costs more per dish than handdish soap.
If it costs $10/month that would be $0.33/day and save you your precious time if you are an employed guy.
You need to spend time on washing dish yourself and time is one of many things you can't take back. How many hours do you spend on washing dishes a year?
@@LaNguyenBTong Yep maybe time is money. But this was not mentioned in the video 😉 they tell about water and energy savings.
And maybe I like dish 😊 and hate doing other things (where I have robots) like lawnmoving (sorry if it was bad english not sure how to spell it).
I also only did take the machine cost.
You maybe need somebody who install it to you and all "washing powder".
Ofcourse this is also needed in hand dishing but its much more cheaper. Not sure about other countries but in Sweden its much cheaper....
@@davidbjork5063 that's actually great, spending time doing something you like.
@@LaNguyenBTong Yes we all like different things even work sometime fun 😊
Nice video
Will do
Your so close to 30m keep up the bright work
*You're. Sorry, can't help it.
This is the best time to watch since I'm 16
I just click like button before i even watch bright side .
#10 doesn't apply to me as I pay a fixed rate for my water in the UK for however much water I use!!
Bright side is much better than TV 👏👏👏
One game I can recommend - BROKEN SWORD 😉
If you like adventure and riddle games with stunning graphics (and the older episodes have the nostalgic touch) try it 😉
Some episodes were even released for iOS and Android 😄😝
Please make a video on why study is important and profit of study and how to study effectively
Elder scrolls skyrim, elder scrolls online, rocket leauge. This pack is under 30 euro and have a life time enjoyment (if you want rts or fps, there are dota and cs:go which is free like most games today, dont need to thank me ;) )
Very nice video always just watch the positive bright side of life :D
I love your channel who ever read this may God Bless you and your channel if you are a small UA-camr.. Thanks you
I've never thought about buying a car, even if I got a higher paying job.
Sir plz make a video on TIPS FOR A PERFECT SPEECH PLZ I would be thankful to u
Close to 30M subs!
Suggest "Journey" by ThatGameCompany for a game that is both relaxing and playable over and over. I've been taking a Journey almost daily for 4 years after work to wind-down.
This is living poor to die rich😂😂
i'm 16 and Ive saved over a $1000,, hopefully i can pass 100,000 by the time I'm 30 :)
lala dragneel that’s great! Keep going, but remember to enjoy life as well.
Bright side:uploads a video.
Me:clicks faster than light.
Einstein:am i joke to you?
🤣 yea because light bulbs and stoves interact with things around them. I'm done brightside. ✌
Nice
MULTIPLE 👏🏽 SOURCES 👏🏽 OF 👏🏽 INCOME
Well I love adventure games with riddles and tasks which are often games you could only play once - especially if you are me, and don't loose interest in a story if the ending is known 🙈
If you can’t finance an investment property, put $500+ a month into an IRA with compounded interest at 12-16%. Also start a business and grow that. Find something to sell that’s profitable, and hire other people to sell it for you on a commission base.
I love bright side videos
A good replay game is Mario maker. In this game you can create maps and go on quests
I'm sorry but I have to disagree on the washing dishes. He didn't put in the factors that it used electisty, the heating, and time too. With washing by hand you get them done about 85% faster and with better results too, and with te heating it gets temps up really hot so that's kinda a waste when you don't need it that hot.. You just gotta clean them good. (Don't hate for my opinion)
5:25 I save my water after my 2 minute cold showers to flush the toilet, water the plants and water the garden. I also collect rainwater. It’s free water, which means - free money. (:
Nice money-saving hacks.
Hi I am new here
Can you do a cam a person fusion
i love that accent
dude what is your name
He who gives Charity or builds a masjid or donates,Allah Azza Wa Jal will build a beautiful home for him in Jannah!
3:58 this was made in 2019 and people still say led cost more than older bulbs? my local diy store has their own brand led bulbs 9W for 99cent! and even has Philips bulbs for 1.99euro
LED is now the future! you can have a 5W led bulb active all day and still cost you almost nothing! why?
The reason is your electricity provider charges you an amount of cents every 1kilowatt, and one 5watt led bulb consumes 5watt every 1 hour so in 24hours that's 24x5 = 120watt
Of course that's one bulb working 24 hours, if you have lets say 10 bulbs rated at 5watt each and they work for 8 hours daily then that's 10x5 = 50 and then 50x8 = 300watt is still is cheap!
BUY LED PEOPLE IT'S THE FUTURE!
Magic
Terraria
help me I’ve just played through it for the 23rd time(yes really
I do the oven thing and my wife loses it, she says it ruins the cooking and it makes me look soooooo cheap!
*From where to save money* ?
Too many people, spending money they don't have buying things they don't need to impress people that don't care.
Brave fencer musashi.
Ps1 game. It's a fun rpg's game
Hi bright side💕💕🙂🙂👋🏿👋🏿
Buy these games to play it over and over again- Until Dawn,Detroit becomes Human,heavy rain.
Melons pop balloons Crazy they are trash so is your bot name ooooooohhhhh
I love this sarcastic voice
Me - showed this video to my parents
Parents- ok I will try
*Half a minute later*
Mom washes dishes with hands when she have a dishwasher
Brightside- am I a joke to you?
The bottle in your toilet sounds like a good idea if you don't wind up flushing it more often.
Thx i’ll live with my parents until 30 years old
I’m 32, too late to meet this goal, but I hope to achieve this by the age of 40,
Liking in a few years
I'm 15 now let's see if it's correct or not I'll update after 15 years.
UA-cam won't be here in 15 years
Just be a cheap steak thats all 😂
Thumbnail of video: Oh I'm just washing my money and washing my dishes with my money 💰 💰
Dishes: MOREEEEEE GIMMIE MOREEEE IMMA BEEE RICHHHHH