Це відео не доступне.
Перепрошуємо.
HOW TO SAVE QUICKLY | HOW I SAVED $27,000 & PURCHASED MY HOUSE AT 22
Вставка
- Опубліковано 9 чер 2018
- Heres how I saved £20,000 / $27,000 for my house deposit!
I hope this video helps you.
Insta - @hazelwoodx
disclaimer this is what worked for me and I cannot guarantee this will work for you. I am sharing my experience and my tips with you. This is not financial advice.
I feel like I came across this for a reason I literally am doing exactly this. I’m 17 and in an apprenticeship with the NHS I am able to save 1K a month and the rest I use for my own expenses. Sometimes seeing it is frustrating because you want to spend it on all these crazy things but I know in the long run it will be worth it I’m able to save basically 12k a year and in three years I should have hopefully 36k by 20/21. It’s hard but once you become disciplined and realise why you are doing it, it feels better☺️
Thank you for this video it reminded me to stick to it and work hard! 😘
this is so amazing, you are doing amazingly and you will save so much in no time! xxx
Well done! That is so good for your age. I’m currently in uni studying to be a Registered Nurse in the UK. Do you mind me asking what your apprenticeship with the NHS is in? Also, how are you earning even 1K a year on an apprenticeship salary? I know they don’t pay much. Do you have a job outside of it? Well done love xx
TAANDS what apprenticeships is this ? Xxx
Not sure you’re being entirely truthful here. Never heard of an apprenticeship that would allow you to earn more than £1000 a month at 17, especially with the NHS who’s staff are all underpaid.
.
Living below your means is crucial for financial freedom!
Travis Williams please explain :)
I'd literally spend my salary and wonder where it'd go! And I would be super hard on myself, but you're right! Everything in moderation! Thank you ✨💛
My husband and I bought our house at 21 last September, and did it the same way as you - Living in less than you make, sacrificing on areas we were overspending whilst still enjoying our life and travelling like you. Just subscribed. Keep it up, girl! X
Omg! Have been takimg your advice for about 3months now🤗 and i have saved 3k. Amazing stuff thanks so much 💙
ahh this is amazing!! well done xxx
Came across your video and it’s made me so excited as me and my partner are saving for a house at 23!! So motivating! 🙌🏽 Xx
aww yay, thats amazing!! xxx
of your focused anyone can do this ..make lunches drink water ..walk ....read books ...there are plenty of places to go for free. ..save ..save ...save ....mix and match outfits. ...and when you do this for a year or two you'll be very proud xxx this is a fab video for young people xx thanks I always say my pocket my business ☺☺☺x strict mind x you don't need to drive a smart car ....keep your phone ....don't line someone else pockets ..only your own ..do it for you 💗
It’s soooooo much more difficult when you’ve lived away from your family home.... your rent and household bills alone will eat up the £500... nevertheless, this is a great video thank you :)
yes i understand - try apply this method on a smaller scale and it will still help:) x
ye 600 is just rent and council tax
This is exactly why I moved back home. I was living by myself for two years and my rent was £895 pm and didn't include gas, electricity etc. I decided to move back home last year in June and I'm able to save so much more now!
Daddy You can set up a direct debit to automatically withdraw the money each month, that way you don’t need to think about it and you get used to not having that particular amount each month. Also, it’s helpful to keep in mind the reason for your savings. I want to buy a house, therefore I think of it as decreasing my chances of accomplishing this, if I keep dipping into my savings. If you really struggle with this, then you could always give the money to someone who you trust. When I was 16, l worked as a retail assistant; I was always spending my money and buying clothes. I was hopeless at saving and decided to give my savings to my mother. Now that I’m 25; I don’t need to do this and I’m good at saving. Like I mentioned previously; I was living by myself for two years but decided last year in June to move back home as renting made it impossible to save. I’ve saved £8,000 in 7 months. Keep your goals in mind and save what you can and then see overtime if you can add a bit more. It is hard sometimes to save but if you make the necessary steps, you can do it !
M KS yeah same my rent and car leaves me with £400 a month and that goes on food lol 🙃
This is such a motivational video, i’m only 16 but this gives you a real insight on what it is like in the real world!
❤️
Start saving whilst your young 😂 and don’t get in to credit card debt
I’m 21 and hope to buy next year, wish I could have done it sooner but I’ve been renting since age 16 so allot of my money goes on rent and bills! But currently saving £400 a month for help to buy and also savings accounts to buy a car and holidays :D xxx
Charl Eaves wow your very young to be renting already. I started renting at 22 and am a guy
J NANA TAKYI TAKYI COLLINS why am I young? I had to start renting at 16, due to being homeless and in the social care system. Had no choice 🤷🏽♀️
Charl Eaves and am sure this experience as made u tough and wise much more mature than others ur age. My nieces need to take a page out of your book
I’ve always been a amazing saver. This allowed me to have 3 houses by the age of 26 and this set me up for life. Some years I could save £40k. The younger you are the better because of compound interest.
Exactly that. My plan is to now buy another and keep my house so I will hopefully have 2 houses at the age of 24!
Hazel Maria Wood perfect!
Well done Marc!
Great video Hazel, I'm currently saving to buy my first house at 38yrs old, but I don't regret not starting sooner simply because I know I just was not in the buyers mindset during that time of my life, currently I can afford to save around £200 a month and so far I have £11,000 saved so hopefully in 2-3 years I will have enought to put down a 5% deposit. Thank you for the inspiration to keep going!
Crazy how much you saved ! I'm in your position at 23 where I realised I'm spending wayy to much. I have my own business atm as a photographer/filmmaker but need to start saving for a house.
ive bumped up my pay. I'll now be in a position to save £1000 a month
Thats fab!
Omg I literally love this !! Almost 30 and I’m kicking myself that I wasn’t smarter with my money!! This videos given me a kick up the backside !! Thanks for this 💓, I now have a really good finance plan in place l🥰
ahh don't be silly its never too late !! so glad you found it helpful xxx
Great method and sounds really achievable! It's hard when your income is very sporadic and you can't guarantee income but saving on lots of little things mounts up to a lot! I definitely agree it's a good idea to tell your friends so that they can support you and have dinner in rather than out. Well done again x
Well done Hazel 👏 very inspirational video for your young viewers. Important for people to stay grounded, especially here in Essex!!!Keep up the good work x
Love this video it’s so much help me and my partner have just started to save for our first home (we are 20) we are only able to save 700 a month between us and that’s living with my mum.. we are allowing our self 180 a month for our own spending the rest of our wages in taken in bills (paying my mum rent and my car insurance ect) I FEEL LIKE ITS GONNA TAKE FOREVER TO SAVE 😭 but we will get there in the end
It wont take that long❤️❤️ thats amazing, best of luck xxx
Get alcohol from Lidl or Aldi, you can get a bottle of wine for £3-5!! Alcohol at Tesco is expensive!!
This is exactly what I've been doing... still on my first year and it is a bit rocky but it is a great feeling and good to know I'm on the right/same path as someone who has been successful in their goals... wish me luck!
Its the best feeing isnt it!!! Best of luck! X
Hazel Maria Wood did you go to university?
I respect your contribution to saving human budgets and obtaining new sources of
funding. Really useful information ))
Would love more videos like this, proper motivated me even more to save! xoxo
Aww i am glad you liked it and i will definitely be doing more! I have a few more already filmed which will be going up soon xx
Such an attractive mindset
This is such great video! I started saving 4 years ago now I’m 22 let’s say have decent amount!..
So yeah I do the lunches and coffees everyday. But this is actually really helpful, I am going to apply this method on my next payday! 🤞🏻👍🏻
Good luck!!
New Subbie! Your advice and personal experience is very realistic. Thanks Doll x
so glad you enjoyed xxx
Always good advice, pays to keep abreast of your spending.
Seriously impressive and you didn’t compromise on your lifestyle, inspiring!
Thank you!
It does make sense to a certain extent but also sounds a bit unrealistic. If you get 1500£after tax, also not everyone gets that some people get 1200£ a room to rent in the UK is minimum 400,that’s 800 left, food, car, car insurance, phone, phone bills and everything realistically people remain with 200/300 for the rest of the month. Let’s say someone lives in a flat and gets 1500. 600 Rent without bills !! Then add the car and the rest. You can’t only spend 500£ per month unless you live with your parents 😉 if you wanna be able to save that much then people definitelly need to have 2 jobs and not have a life or be a drug dealer or a stripper and love your life lol let’s be realistic
Yes if you are renting its going to take longer to do this. But i did this without 2 jobs, still having quite high outgoings due to a car, insurance, rent to parents, high travel costs
for work etc totalling way more than £500 and managed to do this. This video is targeted for people who were in a position similar to me and were in a position to save after making some cuts and not those who have no spare income a month ...
Love this ♥️ some really useful advice :). It’s pretty common sense but I love how you’ve managed to save so much in your early 20s. I’m 32 and out of uni 6months so I feel like I’m starting from scratch with savings. Your video has given me a bit of reassurance that the end goal is reachable and worth being disciplined for!! Well done you and thank you!!
I’m 19 and at university.... I’m only able to save around 200-300 pounds a month so it’s going to take me forever 😢
its ok - if you make a start now and you can save more when you start working and you will reach your goal in no time x
That’s really good, considering you’re at university. That works out to £2400-£3600 in a year. That’s really good at your age. I’m also in uni, older than you and that’s roughly how much I save a month. A lot of people don’t save at all, so I’d say we’re way ahead of the crowd 💪.
Thats really good. I have a help to buy ISA the maximum I can put in is £200. As soneone else has said it soon mounts up. £200 a month is £2,400 PA so by year 2 thats £4,800 Not including any government top up payments. I wish I had saved years ago. I have had to realy change. As I moved put in Jan and have household bills. I plan to do over time so I can add to my savings. I have 3 savings accounts and a H2B account.
The key is don' compare to others. We all earn different amounts. We also pay different living costs.
Thanks a lot Hazel. I really do enjoy watching videos on finances. They are very inspiring.
I want to save £10,000 by the end of 2021! Although right now I’m only working a zero hour job and my hours are so unreliable 😒 for example today I was meant to be working 11.5 hours and they sent me home after 6.5 so I lost out on 5 hours pay 😫
Very best of luck with it xxx
What a wonderful video! I've always been so cheap that I sucked the joy out of life, then we would blow a lot of the money! I am a 'granny sitting at home'! How funny you are! Enjoy your videos 😀
I love your mindset Hazel. This is the way to be ❤️
I so need to watch this, I’m yet to buy a property! I still live at home as I can’t afford to move out!
Jenny Amponsah definitely give it a try, i was in the same situation!! X
I love how you structured your grammar. Seriously
9:26 ,thanks for the reality check
This video was so helpful!!!
Even when you think you know what to do, it’s nice to watch this video for motivation 💕 thank you!
You are welcome xx
Wow, thank you! This was so motivational for me to put aside money and actually achieve my goals! 🙏🏽 👑
Best of luck x
Hazel your doing a great job love xxx...
thank you Donna xxxxx
Thanks for your advice I am definitely taking it on board
GET A MONZO CARD!! Best debit card to track your expenses
Never heard of that x
Rossana Evaristo you should probably look at the watch dogs report on them before you do that😂
@@lamomahmood694 Nah, I've had the card for over a year and it's been the best thing ever. They have grown SO much in the past 2 years and it's been all organic growth.
Lamo Mahmood what is the watchdogs report ?
How many years of work will I need to like get a house mortgage because I'm stuck at uni next few years ..
graham stephan/dave ramsey would be SO proud :’) I need more friends like you...all my friends are financially illiterate.
All in our early 20’s, all they wanna do is spend, go out to eat, get drinks, buy coffees etc. Insane waste of money, I watch them spend $12 on a simple sandwich for one meal while I can meal prep for a week at home by myself for $3.
Seems it’s kinda difficult to find people who want to engage/create a social life without spending an insane amt of your paycheck, but I know I can get it down.
2020 I’m going to rebrand myself & ditch these people I’m around who are influencing me to spend unnecessarily.
Love your vid, it just inspired me to continue today!
I need to check out their channels!!
I totally understand! Some friends only want to see you if its going somewhere fancy!!
Good luck❤️
Someone ban coffee shops. I can't stop spending money there. The coffee is not even as good as my instant at home.
they're dangerous aren't they!! x
Rebecca buy a thermo and fill it up before you leave and you can drink it all day. That’s what I do and save so much
I work in Health care I also have a base at a hospital with a costa. So over priced. It is like £10 for a drink and a toastie. I now meal prep As I have rent and other savings to save for. What about everytime you want to coffee you add it to a savings account?
I’m watching these videos because i want to buy my first home by 22. I’m 15 and I have 3k in savings, I’m hoping to start work next year and put half my salary I earn a month into savings and keep rest for shopping, going out for food. By time I’m 18 I’m hoping to have possibly 15k in savings. I plan to get a job and become a flight attendant, and by 20 have 25k and get a house.
I like how you talk about per drinking i do the same and it saves! Keep up the great work vary beautiful.
thank you!
New subscriber after watching this! Love this video!!! I’m currently saving myself and I’m deffo going to keep coming back to this video to motivate me and keep me on track! ❤️
Thank you! Best of luck❤️
Hi Hazel. I am 19 and I live at home with my parents I pay £200 for housekeep, £22 for phone and £100 for petrol for my parents to take me to work and also bus fare. I am on a bank contract at the moment and I have a budget of £150 £250 for myself for going out, clothes, birthday presents for family and friends etc, essential items that I need, and also for dental checkup costs etc like prescriptions and then I save the rest. and like you said If you wanted more spending money the following save some from your allowance very inspiring x
Sounds like you are doing amazingly lovely!!!! Well done ❤️❤️❤️
Thank you, but my savings are for Christmas, emergencies , holidays and any other essential items and also for a flat/ House deposit. But with regards to Christmas I will.budget for that, and also holidays as I want to take out less money than I an putting in xx
I’m 12 but I’m really exited about growing up to drive a car and live in a house but fear being homeless the house I live in with my family rn isn’t rich but isn’t poor it’s quite modern and I’ve been saving up money for years now
Just out of curiosity (if you don't mind my asking!), what kind of budget did your property come to in regards to a deposit and mortgage you were able to get. and did you purchase with someone or solo? I've been saving for years and years, just to gather as much as I can before hoping to buy, and at the end of the day, buying a property at 22 is something that can't be understated, that's amazing! So I guess I'm just curious :) I'd say I'm also very strict with my money and luckily my hobbies are the kind that are long-running, so it doesn't break the bank and lasts me long stretches of time which is definitely convenient!
Hi Hazel, great video and congrats on saving so much! I might have missed it but other than mobile phone/car - there didn’t seem to be any direct mention of rent/utility bills? Were you living with family /paying rent during this period?
Hey! Thank you. Yes i paid rent at my parents house and paid for my food
This is so informative!! Thank you!
You are welcome and thank you! X x
Really informative video. Well done on achieving you're goal
Xxx thank you
I wish I did this when I was younger 😕😘
Gail Williams same 😔
Start saving today ! ! !, get that mortgage
My plan I've been offered a job that will pay me 1800 a month so the first 800 will pay all my bills. I plan on taking a second job doing Door work that will get me an extra 1000 a month. My door wage will go straight in the bank for 20 months I will have 20k for deposit and that extra 1000 a month will allow to have a life and buy the things I need and save up towards my dream car
This is so good!!! Well done and best of luck
Hazel Maria Wood thank you I've been fortunate to finally land a job that pays good I've been struggling most my life on rubbish money so it's been next to impossible to save for a house. But now that I have my qualifications I need I'm finally able to get the jobs that pay a lot more my credit score is at 900 so I really shouldn't have a problem now
Such a great video subscribed to your channel and going it binge watching your videos now!
Yay! Xxx
so good for you proud girl love ya
Damn smh I have a shopping addiction but when I look at my vision board I remember that my goals are different.
well done Hazel :) x
I want to save money. Thanks for this tips.
Welcome x
Sitting In like a granny 😂😂😂😂😂😂
Hi did you purchase through any schemes or did you go through the traditional route?
used the help to buy equity loan!
In 19 and a half and have 10k saved up. Been saving for under a year now
Fantastic! An inspiration!
great vid, very informative
Thanks x
Cute love the look
Could you please discuss about any savings plan for children? Thanks!
The only ones I am aware of are Junior ISAs ❤️
@@hazelwoodx Thankyou Hazel for the reply!♥️
Deposit 27k? I wish my country would do this. Here in swiss Max deposit is 200k😭
Love this
so inspiring .
Just found you, please do more of these videos !
Ive done lots more since this vid! X
Hi, so what is this money app that your talking about? Can you list them? Many thanks.
4pple I think it’s called money dashboard x
Great video, thank you!
That's incredible, well done you ❤️😘
Bloodyhell!!! Good for you 👏👏👏💖
I'm a student how am I going to do this :( and 22 already. How will I get a mortgage being a student. Wish you remembered the app name or something similar ? X
Nazish Martinez it doesnt matter what age you do it you can apply this to any age and any amount of money :) it was money dash board xxx
was you living at home during thos or renting x
Chelle Potter at home with parents z
Hazel Maria Wood trouble is I'm doing this but I have to pay rent with them! It will take me years to save a decent amount as I have to try to save as much as I can but I pay rent to them too - you feel you have no life as I can't do things and save as well. I don't have the extra money for activities unless I sacrifice the savings.
Do they check your credit score to get a new house?
Yes
Hazel Maria Wood need to get my credit in check not to be nosey what’s your credit score lol
Thanks this helped💕
Good tips so motivating!!!!
Thank you xxx
Thank you so helpful 👍
Thank you!
am going to give this ago thanks xxx
You are welcome xx
Doesn't sound as though you had rent to pay? Most people have to pay at least £500+ on rent.
I was age 19/20 living at home with parents. I still had high outgoings probably £700+ pm.
Where is your wallpaper from
I cant remember this was put up years ago sorry! Maybe wicks or b&q x
If you have to pay for health care, how can you do it?
You would need to look into private medical insurance you can do this online or contact an insurance broker
Good advice x
Thank you x
Hey I'm a student and only earn £250-£300 a month 😥 x and hopefully going to be working full time soon 😊 x it will take me forever!!
Need some motivation help 😝
Just remember that everyone starts somewhere and it’s not about where you start, it’s where you’re going to end up! Try and save a little whenever you can. Even if it’s £3/£5 here and there like saying no to a meal deal or a Starbucks etc . Get into good habits now on your lower income and it will DEFINITELY make positive foundations for your future when you are on a full time income !!! Good luck! I believe in you ☺️
well done, you are gorgeous
Thanks!
Hi Hazel. I give myself £125 for my spending money and I save the rest. my income is varied so some months I won't have any money to save how would you save money on a varied income.. Would you just save what is ever left my goal is 10k xx
Yes i would just save anything over what you need as spending money!❤️❤️
girlboss x
Im guessing you are not paying any rent on tnat budget?
Not rent but i did have high outgoings as paid my parents, had food to buy, had a car finance and insurance phone etc. So my outgoings were still significant
How???? My income is so shit I barely make £1000 a month.
The amount of income you have obviously has an impact on the figure you can save however you can still look to use some of my tips to help you budget and save as much as you can from the income you receive :)
Hi hazel do you live in London ?
I live in Essex x
Did you go to uni?
No
I have a girlfriend. Zero chance of saving
Haha this shouldnt stop you saving!!
Show her this video, if she doesn’t want to start saving with you, she is not the one
Easy for you because you had a boyfriend. Try saving to live by yourself
I was single whilst saving and bought by myself and i do live by myself...
Hope you don't save your money in current bank account...
Karol Hanula that never works
smart girl, kinda ready to marry!
Mn David calm down you fkn simp