I started one of these challenges for 2023 I have now opened a regular monthly savings account for 2024 Hopefully a more prosperous 2024 here in Manchester England
I did the $5,000 challenge this year. There were a few months when I fell behind, but then caught up and will succeed by the end of this month. Like you said, consistency is the key! It all adds up, little by little!
God willing, my goal for 2024 is to pay down a credit card with: tax return - bam! Extra spring paycheck - bam! If I don't have it paid off by fall with regular monthly payments, then extra fall paycheck-bam! It's not a savings plan but it is a debt-freer plan!
I just bought a car in September (necessity) so I’m doing a $15,000 money challenge and going to apply it to my car payment so I can knock it out in 2 years or less.
Hi, new sub here 🤩 Another tip is to save in reverse: where you save the most in the beginning and gradually decrease it; making it feel like less of a burden to some people who may have Xmas or tax return money avail at the start of the year. ❤ your channel. Ty
Investing in the stock market has HISTORICALLY provided higher returns than other forms of investment. According to Morningstar, the average annual return for the S&P 500 index, which measures the performance of 500 large-cap stocks, was approximately 10% from 1926 to 2020.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over $610k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
Very much appreciate it Scholars who study the stock market’s historical performance estimate that over time, the payment (and reinvestment, and compounding) of dividends have contributed anywhere from 30% to 90% of the S&P 500’s total returns. I want to spread across $400k into profit yielding dividend equities but unsure of which to get into.
Very much appreciated, just inputted *Gertrude Margaret Quinto* on the internet, spotted her consulting page ranked top and was able to schedule a call session. I’ve seen commentaries about advisors but not one looks this phenomenal.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
For the Subscription Challenge, when you cancel a subscription, move that same amount of money to a savings account. If Netflix is $9.99 and you pay on the 15th. Once you cancel it, setup automated payments to your savings account in that amount on the same due date. You weren’t missing the money anyway 🤷🏾♀️
Some good challenges. I put dates on stuff like laundry detergent to see how long it takes to use, then try to beat the date with new bottles and boxes. By using less.
I do the pantry challenge once a month. Once a month, I do not go grocery shopping on the weekend and use of whatever is in my pantry I find is not only saves me money, but cleans up my pantry and keeps everything rotated. You’d be surprised how much food you buy and intend to eat, but then don’t.
This is a great video with lots of great ideas! I am going to do the nickel challenge. You know, Austin, you should do a video in February reminding us about these challenges and keeping us on track with them. Like a "check-in" video. Maybe tell us where we should be and tips for staying the course.
My husband's 2000 pickup didn't pass inspection. The mechanic said it was time to retire it. So we went to Facebook Marketplace. There was a 2007 model Chevy Silverado 2500 for $6,500. It sold before we could get to it, but we did buy a 2003 Silverado 2500 with significantly less miles on it for the same price. My husband got the truck he wanted without taking out a loan. Once again we are saving. The next vehicle to be replaced will probably be mine. Hopefully it will last through 2024. We live well below our means and survive very well. No debt is how you save. We have done the panty (lol) challenge many times.
Loved the surprise guest visit! And his pantry challenge power kick was pure gold. I laughed out loud. But seriously, some fun saving ideas! I agree, consistent small decisions is the secret. Thanks!
My husband and I really enjoy your channel and wholeheartedly agree with your outlook on life. We’ve been watching for a couple months now. The helpful tips you’ve shared about saving and investing has been such a godsend. We have chosen a life full of experiences rather then stuff. We travel full Time in an RV and work remotely- we haven’t been great with saving so your channel has helped us! Thank you for doing what you do and working so hard on your passion! It truly helps people!
I want to build wealth and I’ve been trying to learn things like this. I watched this whole video and barely understood it idk if my brain just can’t learn this stuff or what.
As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. it's unnerving to see your portfolio go from green to red but as mentioned if you have invested in quality names just have to keep adding to them and stay the course.
Becoming a good trader takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to let a professional handle trades for me, 4 years later and i am glad i made that decision.
I personally work with “Vivian Carol Gioia” she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.
I’ve closed almost all my credit card loans.. save for one. In 2024 I plan to take up one of these challenges. The 100 envelope challenge sounds good to me. Steve McGuire was pure gold.. hilarious.. 🤣🤣🤣🤣 As always lovely video.. El Agustin ❤
Thanks Austin 😀 Another great video. Will definitely do one of these next year! Really love your channel, it's the best I've found for changing our ways with money and it's so inspirational too! Love your humour 😂 x
Thanks for bring back Steve!!!! The pantry challenge is so easy in my household as I have WAY too much food in my pantry. I will save a ton of money doing this so thanks!!
This is obviously for people who don’t save or budget regularly, because if they did, they would have every penny accounted for and saved anyway. Love your content!
Agustin I love it that the savings targets in your challenges are very modest and achievable. Many of us don't earn a lot of money and savings goals that are too ambitious are unlikely to be realized.
I really enjoy your content - you bring so much value! One thing I do is buy monthly and quarterly dividend yielding stocks, a little here and a little there for the long term. I've been doing it since 2020 and it really does pay off for the long term but of course a person needs to do their due diligence and likes the responsibility of managing their own portfolio. I understand you promote investing in index funds which is good, too. Thanks Austin!
The pantry challenge looks like a good one. Often we do forget we buy something and it just sits there. For the rest, good pieces of advice. Low income people cannot do many of them, but there are a couple attainable for everybody and that's really good.
Just a tip; to do a round-up challenge on your own without a participating bank ( because for instance, my bank doesn’t offer this) just do this-every time you pay a bill (like utilities, or insurance etc.) simply make that bill an even amount, and then transfer the difference into your savings. I also do this every time I go grocery shopping. If my tab at the market equals $197.63, I just say it’s $200, and then transfer the $2.37 myself. It’s SO much easier to keep track of a monthly budget using whole numbers anyway, and honestly the amounts are pretty much “unfelt” as you go along.
I started to write down on a ledger booklet my expenses at night no matter how small this year. I just did my January month end tally. Although i cut out shopping after mid month, my first two week’s discretionary shopping was over $700; nothing i bought was over $40. It was sobering how easy small expenses add up.
i tried my own fun challenge with my grocery bill. At the bottom of each bill, it states how much you saved. i took those savings amounts and put them in an envelope. In 1 yr, i saved enough for 1 month of free groceries,according to my monthly budget amount. It made buying in december a lot easier for those special goodies.
Austin I just love this video .my grandson is a special need person but he works.I thought him to budge an save money every year he does the 1 dollar challenge an he has save quite a few dollars .I just finish showing him you video and he is going to start the 1 pennies challenge.And I am going to do it with him.Thank you
Hahaha!! The shirt/halter top! We did that in grade school thinking we were so cool! That brought back memories! And laughs! :D Yes, some commitment to a savings challenge is needed.
Thank you Austin for the challenges most of these I have done but you came up with some great one for 2024 iloveo yourvideo keep up the great work. Blessing and peace to you 😁😊😀
Hola, Agustin! I was the winner of consistent practice in my Flamenco dance class this year! the teacher asked us to text her every time we practice. Consistency is really the key!
Hey Austin, in my country the Philippines, Spotify Subscription cost $2.69USD/month, I think I will retain it since Im listening to reggae and usually radio stations does not play that genre regularly. ❤❤
I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.
I will advise you to seek the help of a professional because it’s really hard to create a strong professional portfolio. This will help you to achieve your goals and long term financial objectives
That's true,. Its really needful for beginners not to settle for videos alone or they will see themselves losing all their money just like me when I newly started trading with this videos here on UA-cam.
I will always recommend Expert Emily Jason to anyone who wishes to invest in forex/crypto trading, her strategy is working for me. I'm making good profits from bitcoin trading
Fabulous challenges! All are easy, and achievable with any income level! No more excuses people! Let's save! Your future self will thank you!!! Nice job on this video!😊
Great episode. Financial independence gives you freedom. Like a guy in a movie Hannibal told the guy in wheelchair: " I like you the way you are eating through straw. Why I would like you to be fired when you look half dead from all stress on the job. Stay where you're and maybe more stress will do more damage to you. Right. And do not forget to order healthy food for pennies." Austin is great as always.
My bike and my feet , although both need a bit of tlc from time to time , minimal cost , and eco friendly keeps me fit ( no gym ) saves me buckets on transport.
Re pantry challenge. Every 3 months I clean out the pantry and give any items that need using up to my husband. Let me explain. I don’t cook, he does, but I shop! So I give him the ingredients and he creates……. Including any items that are close to use by or best by dates.
I'm not sure I could do the $5 challenge and the five cent challenge seems a little bit low, so I think I might try a dollar challenge. I'm a little bit behind because this is early febuary but I could make up for my January time and start this week! I don't know how much I'll end up with at the end of the year but I intend to get a calculator out. Thank you so much for these ideas. They are wonderful!😊
We cancelled all of our subscriptions, except for UA-cam. We did cancel it for one month and needed it back. lol feels so good to only pay $23/ month. We used to have Amazon, Hulu, Spotify. Cut out so much money. :)
We use many subscription services…but never all at once. They’re easy enough to start/stop that we’re able to use them one at a time depending on what we feel like watching. Finish one series? Cancel whatever it’s on and start whatever you’re interested in now. Cost stays roughly the same and we never miss out on anything.
That's a good idea.tnx for the suggestion I would just probably start this week and start the $5 or $10 bi-weekly. This will help me alot by the end of the year.
There's something about your diction and tone of voice that is genuinely pleasant to listen to. I could be listening to a recitation of the dictionary and I'd like it. Is there anything public-speaking related you have done in the past ?
In 2023 my challenge was to save 50k cash for HYSA. I finally did it on my own. I cut down expenses, found a much cheaper phone plan (Mint $15 per month), cut out cable, paid off all debt other than a 4% mortgage, cooked healthy food, cut down subscriptions, rarely shopping for materialistic items, took on a 2nd weekend job to better my skillsets, and saved it all. A % of money was also used to invest in 401k, HSA, and ROTH IRA. Onto 100k in 2024 and not looking back. The plan is set. Barring unforeseen issues, I am on a mission to hit this goal.
This month I’m going to do the pantry challenge because I need to cut expenses due to a car repair. I’ll be doing the penny and round up challenges for sure.
Been playing with Excel formulas all afternoon to try and figure out how to "catch-up" if you fall behind. Do you have the formula you used to calculate each $$$ challenge that you could share. I would like to check it against what I came up with. Thanks!
Omg, I was just mentally scolding myself for making excuses at the very second you just called me out and said "Karen and Chad". My name is actually Karen. 😂 Thanks for the great tips as always!
Very interesting. As an example, you can reach 100k in 3 years by doing the $25 per week challenge, and restarting the cycle annually, 3 times. Thanks for the content.
What's one money saving challenge you're going to do in 2024?
I started one of these challenges for 2023
I have now opened a regular monthly savings account for 2024
Hopefully a more prosperous 2024 here in Manchester England
I did the $5,000 challenge this year. There were a few months when I fell behind, but then caught up and will succeed by the end of this month. Like you said, consistency is the key! It all adds up, little by little!
God willing, my goal for 2024 is to pay down a credit card with: tax return - bam! Extra spring paycheck - bam! If I don't have it paid off by fall with regular monthly payments, then extra fall paycheck-bam! It's not a savings plan but it is a debt-freer plan!
I just bought a car in September (necessity) so I’m doing a $15,000 money challenge and going to apply it to my car payment so I can knock it out in 2 years or less.
When I make a purchase I always round up and save the change. 1st of January I'll be adding up to see how much I saved this year
Hi, new sub here 🤩 Another tip is to save in reverse: where you save the most in the beginning and gradually decrease it; making it feel like less of a burden to some people who may have Xmas or tax return money avail at the start of the year. ❤ your channel. Ty
I’m moving next weekend so I’m definitely eating what’s in my pantry because I don’t want to move food.
Investing in the stock market has HISTORICALLY provided higher returns than other forms of investment. According to Morningstar, the average annual return for the S&P 500 index, which measures the performance of 500 large-cap stocks, was approximately 10% from 1926 to 2020.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over $610k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
Very much appreciate it Scholars who study the stock market’s historical performance estimate that over time, the payment (and reinvestment, and compounding) of dividends have contributed anywhere from 30% to 90% of the S&P 500’s total returns. I want to spread across $400k into profit yielding dividend equities but unsure of which to get into.
@@maryHenokNft Amazing! I hope it's okay to inquire if you're still collaborating with the same fiduciary and how I can get in touch with them?
Very much appreciated, just inputted *Gertrude Margaret Quinto* on the internet, spotted her consulting page ranked top and was able to schedule a call session. I’ve seen commentaries about advisors but not one looks this phenomenal.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
For the Subscription Challenge, when you cancel a subscription, move that same amount of money to a savings account. If Netflix is $9.99 and you pay on the 15th. Once you cancel it, setup automated payments to your savings account in that amount on the same due date. You weren’t missing the money anyway 🤷🏾♀️
That's what I did after I finished paying off a personal loan 🤗 works wonders!
thats what i did for my 22 year old with adhd! put that into his retirement account
Some good challenges. I put dates on stuff like laundry detergent to see how long it takes to use, then try to beat the date with new bottles and boxes. By using less.
Best way to save is to stop eating out, maybe just once a month that alone would save most people thousands
Agree!!
and you'd be healthier too
I do the pantry challenge once a month. Once a month, I do not go grocery shopping on the weekend and use of whatever is in my pantry I find is not only saves me money, but cleans up my pantry and keeps everything rotated. You’d be surprised how much food you buy and intend to eat, but then don’t.
This is a great video with lots of great ideas! I am going to do the nickel challenge. You know, Austin, you should do a video in February reminding us about these challenges and keeping us on track with them. Like a "check-in" video. Maybe tell us where we should be and tips for staying the course.
Will do!
Hi Austin & everybody. You inspire me on my financial journey, because you are realistic. I now find it exciting that I have money saved. 🎉
My husband's 2000 pickup didn't pass inspection. The mechanic said it was time to retire it. So we went to Facebook Marketplace. There was a 2007 model Chevy Silverado 2500 for $6,500. It sold before we could get to it, but we did buy a 2003 Silverado 2500 with significantly less miles on it for the same price. My husband got the truck he wanted without taking out a loan. Once again we are saving. The next vehicle to be replaced will probably be mine. Hopefully it will last through 2024. We live well below our means and survive very well. No debt is how you save. We have done the panty (lol) challenge many times.
Loved the surprise guest visit! And his pantry challenge power kick was pure gold. I laughed out loud. But seriously, some fun saving ideas! I agree, consistent small decisions is the secret. Thanks!
I was laughing at that one for days.
@@ElAgustinisn’t it great when you make yourself laugh? I crack myself up
My husband and I really enjoy your channel and wholeheartedly agree with your outlook on life. We’ve been watching for a couple months now. The helpful tips you’ve shared about saving and investing has been such a godsend. We have chosen a life full of experiences rather then stuff. We travel full Time in an RV and work remotely- we haven’t been great with saving so your channel has helped us! Thank you for doing what you do and working so hard on your passion! It truly helps people!
Thanks!! I'm glad it's helping!
I love the biweekly, subscription and online shopping freeze challenges! New year, new me 2024!❤
I slay in the subscription challenge. My only source of entertainment is YT, FB...😅
Another Great video, Austin, full of easy to implement, practical ideas. I think the last point is the best. Don't quit.
I want to build wealth and I’ve been trying to learn things like this. I watched this whole video and barely understood it idk if my brain just can’t learn this stuff or what.
As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. it's unnerving to see your portfolio go from green to red but as mentioned if you have invested in quality names just have to keep adding to them and stay the course.
Becoming a good trader takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to let a professional handle trades for me, 4 years later and i am glad i made that decision.
@@Olsontim21 Please who’s this Financial advisor that guides you?
I personally work with “Vivian Carol Gioia” she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.
Thank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.
I’ve closed almost all my credit card loans.. save for one. In 2024 I plan to take up one of these challenges. The 100 envelope challenge sounds good to me.
Steve McGuire was pure gold.. hilarious.. 🤣🤣🤣🤣
As always lovely video.. El Agustin ❤
Great video! I’m going to do several challenges.
Thanks Austin 😀 Another great video. Will definitely do one of these next year! Really love your channel, it's the best I've found for changing our ways with money and it's so inspirational too! Love your humour 😂 x
Thanks for bring back Steve!!!! The pantry challenge is so easy in my household as I have WAY too much food in my pantry. I will save a ton of money doing this so thanks!!
This is obviously for people who don’t save or budget regularly, because if they did, they would have every penny accounted for and saved anyway.
Love your content!
I'm going to find a way to round up my spare change. I'm pretty good at saving, but I'd like to save more. Thanks for the entertaining content 🙏🏾
feeling more hopeful i like the idea of making it a fun challenge/game thank you austin :)
Luv these savings challenge ideas. Gonna try the penny challenge. ❤ every penny counts!😊
Thanks for sharing these. I like the nickel and envelope challenge
Really enjoy your channel. Thanks for the tips!
Hey, austin, this one is just amaing especially the Steve Mcguire part😂.
I appreciate it!!
very good video; kudos
I like the subscription reset idea, will be giving that one a try!
Agustin I love it that the savings targets in your challenges are very modest and achievable. Many of us don't earn a lot of money and savings goals that are too ambitious are unlikely to be realized.
I try to keep it relatable!
Keep spreading the good word, Austin.
Genius. My savings goals now seem feasible. Thank you!
I really enjoy your content - you bring so much value! One thing I do is buy monthly and quarterly dividend yielding stocks, a little here and a little there for the long term. I've been doing it since 2020 and it really does pay off for the long term but of course a person needs to do their due diligence and likes the responsibility of managing their own portfolio. I understand you promote investing in index funds which is good, too. Thanks Austin!
The pantry challenge looks like a good one. Often we do forget we buy something and it just sits there. For the rest, good pieces of advice. Low income people cannot do many of them, but there are a couple attainable for everybody and that's really good.
Just a tip; to do a round-up challenge on your own without a participating bank ( because for instance, my bank doesn’t offer this) just do this-every time you pay a bill (like utilities, or insurance etc.) simply make that bill an even amount, and then transfer the difference into your savings. I also do this every time I go grocery shopping. If my tab at the market equals $197.63, I just say it’s $200, and then transfer the $2.37 myself. It’s SO much easier to keep track of a monthly budget using whole numbers anyway, and honestly the amounts are pretty much “unfelt” as you go along.
I started to write down on a ledger booklet my expenses at night no matter how small this year. I just did my January month end tally. Although i cut out shopping after mid month, my first two week’s discretionary shopping was over $700; nothing i bought was over $40. It was sobering how easy small expenses add up.
i tried my own fun challenge with my grocery bill. At the bottom of each bill, it states how much you saved. i took those savings amounts and put them in an envelope. In 1 yr, i saved enough for 1 month of free groceries,according to my monthly budget amount. It made buying in december a lot easier for those special goodies.
Love, LOVE these challenges. I will definitely do the Subscription and the 26 week challenges!
I left a like for the first tip alone. Seems little at first but over some time you'll see how much it can evolve into.
Thanks! It's pretty incredible how much the small things add up!
LOL OMG I was almost in tears with Mr Mcguire. I have set up a budget to save next year, but I would love to do a no spend January
Haha, thanks!
I love these saving challenges ideas. I'm going to do the 360-day Nickel Challenge. Great video! Just what i needed.
Austin I just love this video .my grandson is a special need person but he works.I thought him to budge an save money every year he does the 1 dollar challenge an he has save quite a few dollars .I just finish showing him you video and he is going to start the 1 pennies challenge.And I am going to do it with him.Thank you
Hahaha!! The shirt/halter top! We did that in grade school thinking we were so cool! That brought back memories! And laughs! :D Yes, some commitment to a savings challenge is needed.
😂
I was waiting for you to upload a challenges video. 🎉 I already had 10 challenges I was doing but I will add some of yours to the list
Of cours about money save i listented your presentation 10ways i understanded all of your showing and thank for sharing
Thank you Austin for the challenges most of these I have done but you came up with some great one for 2024 iloveo yourvideo keep up the great work. Blessing and peace to you 😁😊😀
Hola, Agustin! I was the winner of consistent practice in my Flamenco dance class this year! the teacher asked us to text her every time we practice. Consistency is really the key!
Outstanding - thank you.
Hey Austin, in my country the Philippines, Spotify Subscription cost $2.69USD/month, I think I will retain it since Im listening to reggae and usually radio stations does not play that genre regularly. ❤❤
Such cool and creative ideas!
Funny Austin, full of ideas and super frugal living I ever know! Bravo !!
Excellent ideas!!!!
What an incredible video ,thanks for your great tipps. So happy that I found your here
I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading. It's frustrating how people loss funds in this trading, I really feel so bad.
It's very obvious that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
I will advise you to seek the help of a professional because it’s really hard to create a strong professional portfolio. This will help you to achieve your goals and long term financial objectives
That's true,. Its really needful for beginners not to settle for videos alone or they will see themselves losing all their money just like me when I newly started trading with this videos here on UA-cam.
I will always recommend Expert Emily Jason to anyone who wishes to invest in forex/crypto trading, her strategy is working for me. I'm making good profits from bitcoin trading
That’s true,I’m presently in Belgium,and I’ve tried lots of expert but since i met expert Emily i have been making good funds from her✌️✌️✌️
I love this video! I might do the nickle challenge and go on a vacation to Turkiye next year!
Great video!
Thanks!!!
This was some excellent money challenges. Thanks 😊
Fabulous challenges! All are easy, and achievable with any income level! No more excuses people! Let's save! Your future self will thank you!!! Nice job on this video!😊
I really value your videos and advice!
Thank you for helping me to be a better man!
Wow!That was an eye opener!
You’re a brave man! 😂 Food in your pant-trees…
I try. I still feel like nobody is watching so I'm comfortable with doing weird things. haha
oooh we are watching ;) :D @@ElAgustin
Loved the video. I am going to do the 5 dollar challenge but I also liked the paycheck challenge. Thanks Agustin!
Thank you for sharing all these helpfull tips. I am going to try to do the 5 dollar (euro) for me challenge. Goodluck to you all!!
Great episode. Financial independence gives you freedom. Like a guy in a movie Hannibal told the guy in wheelchair: " I like you the way you are eating through straw. Why I would like you to be fired when you look half dead from all stress on the job. Stay where you're and maybe more stress will do more damage to you. Right. And do not forget to order healthy food for pennies." Austin is great as always.
My bike and my feet , although both need a bit of tlc from time to time , minimal cost , and eco friendly keeps me fit ( no gym ) saves me buckets on transport.
Está muy bueno el canal, Felicidades!
Re pantry challenge. Every 3 months I clean out the pantry and give any items that need using up to my husband. Let me explain. I don’t cook, he does, but I shop! So I give him the ingredients and he creates……. Including any items that are close to use by or best by dates.
This month of january 2024 I paid everything in cash. Let all my cards at home. Used what I had in the pantry. It works.
I'm not sure I could do the $5 challenge and the five cent challenge seems a little bit low, so I think I might try a dollar challenge. I'm a little bit behind because this is early febuary but I could make up for my January time and start this week! I don't know how much I'll end up with at the end of the year but I intend to get a calculator out. Thank you so much for these ideas. They are wonderful!😊
Agustin 🎉😊Thank you for this money changing challenges❤
What a great idea.. challenge yourself to build savings.. it sets boundaries most likely to stick to because it acts as a saving plan 👏🙌
Great saving inspo, and very funny too:)
The envelop challenge, most definitely the pantry challenge and going to try to do the nickel challenge.
Loved this! You have really motivated me to save more next year.
We cancelled all of our subscriptions, except for UA-cam. We did cancel it for one month and needed it back. lol feels so good to only pay $23/ month. We used to have Amazon, Hulu, Spotify. Cut out so much money. :)
UA-cam is the best in my opinion!
Agustin you are a hoot!! Woot woot!!
We use many subscription services…but never all at once. They’re easy enough to start/stop that we’re able to use them one at a time depending on what we feel like watching. Finish one series? Cancel whatever it’s on and start whatever you’re interested in now. Cost stays roughly the same and we never miss out on anything.
These are good ideas!
I want the $5 week challenge 😊 and I will definitely start in January 1st.
Why don't you start now? On January 1 you will one month ahead already.
That's a good idea.tnx for the suggestion I would just probably start this week and start the $5 or $10 bi-weekly. This will help me alot by the end of the year.
Then, i will do add every week for 52 weeks.ilke this saving challenge.
Right on!
There's something about your diction and tone of voice that is genuinely pleasant to listen to. I could be listening to a recitation of the dictionary and I'd like it. Is there anything public-speaking related you have done in the past ?
I appreciate it! I taught before so sort of!
The envelope one sounds fun .
This was your best video - very practical and helpful for those who think they can't save money.
I appreciate it!
This might be your best one yet. Wonder how many of us are gonna watch it over and over. 🙋♀️
Thanks!
lol…I watched it twice.
In 2023 my challenge was to save 50k cash for HYSA. I finally did it on my own. I cut down expenses, found a much cheaper phone plan (Mint $15 per month), cut out cable, paid off all debt other than a 4% mortgage, cooked healthy food, cut down subscriptions, rarely shopping for materialistic items, took on a 2nd weekend job to better my skillsets, and saved it all. A % of money was also used to invest in 401k, HSA, and ROTH IRA. Onto 100k in 2024 and not looking back. The plan is set. Barring unforeseen issues, I am on a mission to hit this goal.
I apply this concept to working out. It’s gotta be consistent. 🧡 🐪
This month I’m going to do the pantry challenge because I need to cut expenses due to a car repair. I’ll be doing the penny and round up challenges for sure.
Thank you for the video!! Entertaining and educational as always ❤
I am going to do the 100 envelope challenge. Starting 1 January.
Good luck!!
I have done the round up before and at the end of the month paid it towards my CC balance I'm getting down too zero - eventually, well it's my goal.
Great video
Great ideas on how to save money ❤I love how you are adding humor 😂to your videos 🎉
Been playing with Excel formulas all afternoon to try and figure out how to "catch-up" if you fall behind. Do you have the formula you used to calculate each $$$ challenge that you could share. I would like to check it against what I came up with. Thanks!
I really enjoy You channel
Ford Mustang ad played for me before this video.
It's the pantry challenge *side kick* for me LOL😂
Thanks Austin, amazing video as always 👌
Omg, I was just mentally scolding myself for making excuses at the very second you just called me out and said "Karen and Chad". My name is actually Karen. 😂 Thanks for the great tips as always!
haha, thanks!
Wow that’s really good news… I’m interested in doing the $5 challenge 😅
Very interesting. As an example, you can reach 100k in 3 years by doing the $25 per week challenge, and restarting the cycle annually, 3 times. Thanks for the content.
I did the $1 challenge in 2022 and managed to save about $350 in about 3-4 months.