@@ShakkIsLife what? wanting someone who you can relate to talking about a subject dominated by a particular group (in this case men) is completely fine lol
The pandemic made many Americans realize how important an emergency fund is. Most Americans cannot shoulder an unexpected expense more than $400. For the new year, I want to save 3 months of expenses!
Money management strategy that's been working for me lately ~~ whatever is left over after I contribute to my 401K, I have my employer split my paycheck into 2 checking accounts (which are connected to the same bank where my CC is). The percentage of these 2 splits coincides with the budget I've created for my bills and what I call "fun money" (anything that is non-essential). Having the two accounts as a visual REALLY helps me understand my cash flow month-to-month for various spend categories. It was also really easy to open a second checking account with my bank -- I feel much more empowered in my finances lately!
Elena you are an INSPIRATION!!! I lost my job due to the pandemic. Since then, I’ve started a UA-cam Channel on Money…and it is GROWING! Thanks for all of your great content, and to everyone else…NEVER GIVE UP!!!
I absolutely love Aspiration! I was so thrilled when I saw that you were partnering with them for this vid. They've been my bank for years and I love all of their ethical/sustainable features, plus that APY!
14:23 haha aw yes! Growing up grocery shopping with my dad, he taught me to look at PRICE PER OZ when choosing an item (usually not name brand unless you want to splurge once in a while). To this day as a grown up lady that's how I shop, great advice.
I was wondering if you could do a video on online safety/identity safety? I find myself getting more and more worried about identity theft and fraud as I enter my 20s; considering how much of our personal information (name, address, phone number) is one Google search away...
Social work input here- while I super love the way you make financing incredibly accessible to your audience, I think it's important to add disclaimers in these videos that a lot of money-related problems in the US are related to the increasing wealth gap and increasing amount of Americans falling into poverty. I think a disclaimer would help your lower-income audience feel more included and listened to, and because you have such a big audience, it might make wealthier fans more aware of problems in the US to focus on/ donate towards/ vote towards.
I felt what you said about food to my CORE 😭 It can get so annoying having to figure out THREE meals to have in a day. I need to get into meal prepping 😭😭
Save for a rainy day, if you never believed in this concept; this pandemic is your lesson. No one says not to live your life, but also focus on your finances. Early planning and learning can get you early retired. But learn this stuff yourself and don't rely on the industry to take care of your money.
I've just begun using YNAB this month, and it is AMAZING. It's honestly exactly what I needed for my finances. You're right, it is tedious and not for everyone!
I love this pivot to financial literacy content. THIS IS WHAT I NEED. You’re giving me Margot Robbie in the Big Short vibes. Thank you for making this so accessible.
I had no idea that banks used deposits to fund those kinds of unsustainable projects! Thank you for bringing light to this because it makes me want to research who I'm banking with beforehand!
Another plus of smaller banks like aspiration- WAY better customer service thsn I got with Chase and BofA! Like, waittimes for phone help is way shorter. Bless 🙏
50/30/20... Great aspirational goal but so unrealistic for many of us! My rent and bills alone comfortably exceed 50% of my income, and that's even before doing a food shop!
I'd love to see more content about second hand, what apps do you recommend? How do you evaluate thrift stores sustainability vs. overbuying from areas which have people who depend on low priced clothes?
@@fred-bw8hf I have about 15% of my portfolio in uranium stocks,10% on GEVO and the rest on crypto,l was adviced by my coach to hold on to my shares as long as possible rather than trading earlier.
I love all the resources you provide but do you know a similar option for European citizens? I feel like in Europe is harder to find these types of banks... Thank you! Love your content recently :)
I love that you make these kinds of videos! I just finished my masters in accounting and am always trying to teach personal finance whenever I can, it’s so important!
Some of these are definitely good tips, and I generally like your videos, but when almost half of working Americans make under $15 an hour, the way you said it's "concerning" most Americans have low savings feels out of touch and like an oversimplification. Most people are being crushed by capitalism, especially during covid and ✨skipping the coffee✨ won't make a difference when you aren't making liveable wage.
Also, since you're obviously super informed about finances and are trying to educate your audience, would be great if you encouraged them to sign petitions/contact representatives about financial issues like a fair minimum wage!
This is so helpful! I appreciate the calmness you provide when talking about finances. It helps put the ease into this topic that is so often discussed with such anxiety.
Elena - I really love the sponsor of this video and the lens on sustainability but it’s hypocritical to link your favorite CC which is a Chase card because Chase is arguably the worst financial institution for the environment and they do exactly all the immoral things you were talking about....
I love the variety of videos you make! I love to travel & talk finance as well so it gives me hope that I can add both to my new channel! ❤️❤️ You’re amazing!!!
69% of americans have less than $1000 dollars in saving because we live in a country that does not pay nearly a livable wage, not because people have not been educated on the importance of saving
Half true, but also most people spend way above their means and don’t realize it bc we live in a society that values things like the newest tech and cars
I think I have a problem w buying handmade accessories/decor. The artist side of me doesn't mind paying more bc I know how much time and effort goes into creating the products. But my broke college student self cries when I realize how much I spent. I rationalize by saying good quality will last longer than a $5 item from Target, but that doesn't change the fact that an unnecessary chunk of my money is missing right now.
This is so weird for me. Im from Israel and living here is so difficult financially in comparison to UK Europe and USA. All of your tips are my standard living situation lol! I do love that you have more ethical banking options and more easy ways to track your money and invest it. Loved the vid anyways!
My personal top 5 tips for saving are- Going off social media and shopping platforms when you need to be more restricted with money or even trying to save up. Go to the cheapest grocery store rather then the nicer ones. Has a very big impact when it comes adding up the price gaps. Idk about where you are from but here public transportation is huge. Its a great way to reduce your carbon emissions and it saves a LOT of money!!! Try eating out less or cut it out completely and recreate your fave foods at home with friends- fun, social and saves alot. Prep you meals and drinks for your days in advance so you know you dont need to buy a snack, meal ir even a drink when you already have it.
The 69% stat doesn't worry bc most people probably have the money in checkings but won't spend it. I invest a certain amount and always have X dollar amount as the bare minimum in my checkings account to act as an emergency fund so in actuality its savings
Where is a good place to start to open a Roth IRA? I’ve heard you talk about it your videos and I’m ready to take the plunge! My first thought is starting with my bank.
Love the video! But Chase is awful. Besides being the number one investor in fossil fuels (many major organizations and news sources have reported on this). In 2017, Chase & Co agreed to pay $55 million to settle a U.S. Justice Department lawsuit accusing it of discriminating against minority borrowers. They were literally letting mortgage brokers charge them more for home loans. Between 2006 and 2009 they showed “reckless disregard” for the rights of at least 53,000 African-American and Hispanic borrowers. Want to make a change, follow the money? Try Amalgamated Bank, Aspiration and Beneficial State Bank. Local credit unions also rarely have major investments in fossil fuels.
All these tips are super cool - I wonder if anyone can answer, how much is what Elena talks about only relevant in an American context? Like some of her previous vids about saving for retirement don’t hit me as hard bc in Australia that’s taken care of with superannuation
@@WhoopsieDaisee some jobs still give checks but I’m pretty sure most do direct deposit. Personally, I’ve never had a job that gave out checks and I do live in the US.
hiii can u make a video about how to transfer cards when you move to another country and how it works basically cos im so confused and i can't understand it.
Just a tip because I’m going throw the same thing. Never lease, it’s money down the drain for a car you don’t even own. And also for purchasing a car, save for a huge down payment like $5-10k so your monthly payments are low if you want to finance a car. Never buy new new, it depreciates like a few thousand dollars right when you drive off the dealership lot. Hope that helps.
Definitely will check out Aspiration. Check out Ellevest for female-based investing (womxn investors, business championed by womxn, etc). I love the mindset shift they are making in the financial world!
YES CUTE GIRLS TALKING ABOUT FINANCES!!! god I’m so sick of all the yt dudes who talk about money. Keep these coming Elena! u rock
Exectly. she is beautiful and wonderful talking about Finance
lmao this is such a cringe mindset holy shit.
@@ShakkIsLife what? wanting someone who you can relate to talking about a subject dominated by a particular group (in this case men) is completely fine lol
Outside of youtube, there's many professional financial planners/advisors who are "cute girls" if that's what you're into.....
YES YES YES BABY GIRL! We need more finance videos like this - love the sustainability tips.
when my faves interact 🥰🥰🥰
The pandemic made many Americans realize how important an emergency fund is. Most Americans cannot shoulder an unexpected expense more than $400. For the new year, I want to save 3 months of expenses!
Money management strategy that's been working for me lately ~~ whatever is left over after I contribute to my 401K, I have my employer split my paycheck into 2 checking accounts (which are connected to the same bank where my CC is). The percentage of these 2 splits coincides with the budget I've created for my bills and what I call "fun money" (anything that is non-essential). Having the two accounts as a visual REALLY helps me understand my cash flow month-to-month for various spend categories. It was also really easy to open a second checking account with my bank -- I feel much more empowered in my finances lately!
Elena you are an INSPIRATION!!! I lost my job due to the pandemic. Since then, I’ve started a UA-cam Channel on Money…and it is GROWING! Thanks for all of your great content, and to everyone else…NEVER GIVE UP!!!
Not me, a 57 yr. old financially sound woman learning a thing or two from my favorite 20-something youtuber!! Thank you, Elena! love your content!
I absolutely love Aspiration! I was so thrilled when I saw that you were partnering with them for this vid. They've been my bank for years and I love all of their ethical/sustainable features, plus that APY!
14:23 haha aw yes! Growing up grocery shopping with my dad, he taught me to look at PRICE PER OZ when choosing an item (usually not name brand unless you want to splurge once in a while). To this day as a grown up lady that's how I shop, great advice.
I was wondering if you could do a video on online safety/identity safety? I find myself getting more and more worried about identity theft and fraud as I enter my 20s; considering how much of our personal information (name, address, phone number) is one Google search away...
elena talking about finance is my favorite elena
Social work input here- while I super love the way you make financing incredibly accessible to your audience, I think it's important to add disclaimers in these videos that a lot of money-related problems in the US are related to the increasing wealth gap and increasing amount of Americans falling into poverty. I think a disclaimer would help your lower-income audience feel more included and listened to, and because you have such a big audience, it might make wealthier fans more aware of problems in the US to focus on/ donate towards/ vote towards.
yess thank you for saying this
@@flennboyd6413 Loool, no. I don’t think that’s her job.
I felt what you said about food to my CORE 😭 It can get so annoying having to figure out THREE meals to have in a day. I need to get into meal prepping 😭😭
Save for a rainy day, if you never believed in this concept; this pandemic is your lesson. No one says not to live your life, but also focus on your finances. Early planning and learning can get you early retired. But learn this stuff yourself and don't rely on the industry to take care of your money.
I've just begun using YNAB this month, and it is AMAZING. It's honestly exactly what I needed for my finances. You're right, it is tedious and not for everyone!
It’s super helpful for the right person!
I love this pivot to financial literacy content. THIS IS WHAT I NEED. You’re giving me Margot Robbie in the Big Short vibes. Thank you for making this so accessible.
I had no idea that banks used deposits to fund those kinds of unsustainable projects! Thank you for bringing light to this because it makes me want to research who I'm banking with beforehand!
Another plus of smaller banks like aspiration- WAY better customer service thsn I got with Chase and BofA! Like, waittimes for phone help is way shorter. Bless 🙏
50/30/20... Great aspirational goal but so unrealistic for many of us! My rent and bills alone comfortably exceed 50% of my income, and that's even before doing a food shop!
Reason why everybody should have a profitable investment running. People need money
I love your finance series! More women need to be involved in these convos!! Good for you for using your platform to help a sista out :)
Making content during a MOVE we love you
I love that you open up and bring these topics to light! It truly is SO important!
Elena is becoming one of my favorite youtubers i swear. Such Wonderful Human.
I'd love to see more content about second hand, what apps do you recommend? How do you evaluate thrift stores sustainability vs. overbuying from areas which have people who depend on low priced clothes?
I didn’t know banks did this with my money 🥲
I made my first profit of $2k today!!Feels like I won the world cup finals 🎉
How?
CONGRATS! I'm waiting for something like that to happen to me too
Yes
I know the feeling
@@fred-bw8hf I have about 15% of my portfolio in uranium stocks,10% on GEVO and the rest on crypto,l was adviced by my coach to hold on to my shares as long as possible rather than trading earlier.
@Bazylev Thomas Mrs Sophie Fletcher . She has been very influencial to my financial journey.
thank you always for your videos on finance. it’s not talked about a lot and it’s so helpful whenever you talk about finances
I love all the resources you provide but do you know a similar option for European citizens? I feel like in Europe is harder to find these types of banks... Thank you! Love your content recently :)
Omg yas I just posted a What I Spend in a Week video and it was way more than I can afford to sustain. Needed this vid, thanks Elena!!!
I love tuning in on your videos that deal with financial literacy. So helpful! It's crazy how it is not embedded in our education in the U.S.
I love that you make these kinds of videos! I just finished my masters in accounting and am always trying to teach personal finance whenever I can, it’s so important!
More finance videos like this! Love to learn more about investing, saving and finance
Just impulsively bought a $350 sweater. This video came at the right time
hahahah im here for YOU
This is my problem as well hahaha - impulsive clothing shopping
i never even had 200 dollars in my life
What sweater was it?
I respect the pre game comment!!! Even in Pittsburgh when the g&t’s are like $5 bucks, it can add up!!!
love this around tax return season lol ... apparently i made 60k last year no idea where it went 😂
Some of these are definitely good tips, and I generally like your videos, but when almost half of working Americans make under $15 an hour, the way you said it's "concerning" most Americans have low savings feels out of touch and like an oversimplification. Most people are being crushed by capitalism, especially during covid and ✨skipping the coffee✨ won't make a difference when you aren't making liveable wage.
Also, since you're obviously super informed about finances and are trying to educate your audience, would be great if you encouraged them to sign petitions/contact representatives about financial issues like a fair minimum wage!
Points made
socialist
I love the money, fund and tips topics. Let’s talk about this more please. Thanks ❤️
thanks for making these kind of videos Elena!! they're v empowering :))
YES. MA’AM. say it loud, say it proud!!!
This is so helpful! I appreciate the calmness you provide when talking about finances. It helps put the ease into this topic that is so often discussed with such anxiety.
Absolutely love this! PLEASE keep more financial fluidity videos coming!
Elena - I really love the sponsor of this video and the lens on sustainability but it’s hypocritical to link your favorite CC which is a Chase card because Chase is arguably the worst financial institution for the environment and they do exactly all the immoral things you were talking about....
thank you so much for this! I never had a good example and never learned things about money at school. This is so helpful!
I love the variety of videos you make! I love to travel & talk finance as well so it gives me hope that I can add both to my new channel! ❤️❤️ You’re amazing!!!
>>>Thanks for watching and don't forget to hit the like button and if you want tips and insight on investing..Dm Above 👆👆👆👆.
69% of americans have less than $1000 dollars in saving because we live in a country that does not pay nearly a livable wage, not because people have not been educated on the importance of saving
Half true, but also most people spend way above their means and don’t realize it bc we live in a society that values things like the newest tech and cars
Bingo
Why are you the prettiest person I’ve ever seen
Manage money is good thing
Can you please make a video explaining what options are?
Thank you so much for doing this! Do you think you could do a video about where you do your taxes for self-employment?
I think I have a problem w buying handmade accessories/decor. The artist side of me doesn't mind paying more bc I know how much time and effort goes into creating the products. But my broke college student self cries when I realize how much I spent. I rationalize by saying good quality will last longer than a $5 item from Target, but that doesn't change the fact that an unnecessary chunk of my money is missing right now.
This is so weird for me. Im from Israel and living here is so difficult financially in comparison to UK Europe and USA. All of your tips are my standard living situation lol! I do love that you have more ethical banking options and more easy ways to track your money and invest it. Loved the vid anyways!
My personal top 5 tips for saving are-
Going off social media and shopping platforms when you need to be more restricted with money or even trying to save up.
Go to the cheapest grocery store rather then the nicer ones. Has a very big impact when it comes adding up the price gaps.
Idk about where you are from but here public transportation is huge. Its a great way to reduce your carbon emissions and it saves a LOT of money!!!
Try eating out less or cut it out completely and recreate your fave foods at home with friends- fun, social and saves alot.
Prep you meals and drinks for your days in advance so you know you dont need to buy a snack, meal ir even a drink when you already have it.
You are really awesome- I love your knowledgeable and CONFIDENCE
I love this! Letsgooo ladies, build that wealth!
this vid came at the perfect time for me! thanks, Elena :)
Thank you for this! Loved this. Can you please do a video on how to be sustainable, for beginners? Thank you! From Australia.
Good to see you again 😊 wish to see more of your jewellery and the links for it, please.
The 69% stat doesn't worry bc most people probably have the money in checkings but won't spend it. I invest a certain amount and always have X dollar amount as the bare minimum in my checkings account to act as an emergency fund so in actuality its savings
I really like these videos that focus on money and finances!! SUPER helpful and things that I dont learn in school!!!
stay tuned for more!
ooh I like this. More in this style!
Reason why everybody should have a profitable investment running. People need money
Just saw a USAA commercial and saw Elena Taber on it :-)
Also another grocery tip is take advantage of a rewards program that your grocery store might offer.
Reason why everybody should have a profitable investment running. People need money
Love your finance videos! They are so inspiring!
Thank you so much for this video! Helped me out so much!!
That was really informative. Thanks for sharing🥰♥️
Reason why everybody should have a profitable investment running. People need money
Love the easy-to-understand financial tips!
I watch this just to look at you but then I will watch it again to get what you’re saying.
Where is a good place to start to open a Roth IRA? I’ve heard you talk about it your videos and I’m ready to take the plunge! My first thought is starting with my bank.
>>>Thanks for watching and don't forget to hit the like button and if you want tips and insight on investing..Dm Above 👆👆👆👆.
one of the best pieces of advice my mom ever gave me was to buy the 365 brand at Whole Foods
Love the video! But Chase is awful. Besides being the number one investor in fossil fuels (many major organizations and news sources have reported on this). In 2017, Chase & Co agreed to pay $55 million to settle a U.S. Justice Department lawsuit accusing it of discriminating against minority borrowers. They were literally letting mortgage brokers charge them more for home loans. Between 2006 and 2009 they showed “reckless disregard” for the rights of at least 53,000 African-American and Hispanic borrowers.
Want to make a change, follow the money? Try Amalgamated Bank, Aspiration and Beneficial State Bank. Local credit unions also rarely have major investments in fossil fuels.
Yes yes yes!!!! We needed this!
All these tips are super cool - I wonder if anyone can answer, how much is what Elena talks about only relevant in an American context? Like some of her previous vids about saving for retirement don’t hit me as hard bc in Australia that’s taken care of with superannuation
Wtf I’m watching more - you still have CHECKS in the US!!?!?
lol i thought the same thing they don’t have direct deposit? and etransfer? also our retirement in Canada is called CPP RRSP and TFSA!
@@WhoopsieDaisee some jobs still give checks but I’m pretty sure most do direct deposit. Personally, I’ve never had a job that gave out checks and I do live in the US.
Love your financial tips even though i didn't finish this vid yet
I love these types of videos thank you!
hiii can u make a video about how to transfer cards when you move to another country and how it works basically cos im so confused and i can't understand it.
Beautifully done, Elena :)
this video is the best :) thanks
Thank you so much for this video it really help me a lot
this was a big sister moment
Girl, I love your channel
You are the best at providing practical money saving tips!
I 'stan' for Elena's financial tips
I had just finished my bi-weekly finance check and saw this video in my subscriptions ~ spooky 🔮
very interesting and thank you for the advices !!
Thanks for sharing this video. Love it
Hey, speaking of managing money any update on the merch?
this is scary yet perfect timing, as a 20 year old clueless about finances, thank you lol!
here to help :')
so awesome !!!! love your finance content
Thanks! Link up
+ 1 . 9 1 7 .2 7 2 .0 1 5 3
🇼🇭🇦🇹🇸🇦🇵🇵💬📲
baby I can’t save money I don’t have
Reason why everybody should have a profitable investment running. People need money
thank you!!!
love this babe
Such a great video, thanks!! Shared to close ones 🙂
Nice Video Nice tips I like and budget always
>>>Thanks for watching and don't forget to hit the like button and if you want tips and insight on investing..Dm Above 👆👆👆
could you make a video about budgeting while in college?
yeeeeesss woman 👏🥰
that microphone is so good
I just upgraded it!! So glad someone could tell haha
Truebill is the best! I have the premium version and love it. Great for budgeting/spending reports.
>>>Thanks for watching and don't forget to hit the like button and if you want tips and insight on investing..Dm Above 👆👆👆👆..
Me 22 and studying make it impossible to lay some money back. Sorry but not possible 😂
I shout at it
i've been car shopping and feeling extremely overwhelmed by how expensive it is so this came at a really good time😅
Just a tip because I’m going throw the same thing. Never lease, it’s money down the drain for a car you don’t even own. And also for purchasing a car, save for a huge down payment like $5-10k so your monthly payments are low if you want to finance a car. Never buy new new, it depreciates like a few thousand dollars right when you drive off the dealership lot. Hope that helps.
Definitely will check out Aspiration. Check out Ellevest for female-based investing (womxn investors, business championed by womxn, etc). I love the mindset shift they are making in the financial world!