How Much MONEY I'LL SAVE THIS YEAR - Will I Meet My $25,000 Goal?! (Money Saving Tips)

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  • Опубліковано 10 січ 2025

КОМЕНТАРІ • 87

  • @stephandden
    @stephandden  4 роки тому +7

    How much are you saving this year?! Let us know!🙂⬇️

    • @RoseJJohnsonSelfLove
      @RoseJJohnsonSelfLove 4 роки тому +2

      I would love to have a couple thousands by the end of the year. Your video is so financial goals for me!

    • @stephandden
      @stephandden  4 роки тому +1

      That’s awesome, you’ve got this! ✨

    • @allen28713
      @allen28713 4 роки тому

      Almost 40k! Could you provide some amazon affiliate links for the office chairs you bought and tables? (How are the chairs? Would you recommend them? ) :)

  • @JayFairbrother
    @JayFairbrother 4 роки тому +13

    I’ve always aimed to save 50% of my income too, hard to get there but so worth it if you can make it happen. Good work staying on track!

  • @daniel.h2940
    @daniel.h2940 4 роки тому +10

    Keep going y’all , I just paid off my student loan and I’m 45 🤪, but debt free and investing over the couple of months 👍🏾

    • @stephandden
      @stephandden  4 роки тому

      That’s awesome! Never too late 🙌🏾🙌🏻

  • @GwaiJaiAsianBudgetBoy
    @GwaiJaiAsianBudgetBoy 4 роки тому +3

    Love the transparency Steph - you guys are amazing!

  • @lidyajanette4744
    @lidyajanette4744 4 роки тому +17

    CNBC MAKE IT brought me here😊

    • @stephandden
      @stephandden  4 роки тому +2

      Woo! Thanks for checking out our channel! 🥳

    • @AaronandAsh
      @AaronandAsh 4 роки тому

      Me too sick vid. Hope to make it to millennial money one day too. That would be sick!!

  • @ortallevitan1
    @ortallevitan1 4 роки тому +1

    Thank you for sharing all this information! Absolutely loved the video and had to give it a thumbs up! You both did a great job of explaining this

    • @stephandden
      @stephandden  4 роки тому

      Thanks Ortal! 🙌🏾🙌🏻

  • @inea-fijourney22
    @inea-fijourney22 4 роки тому +1

    I love the transparency. I havw started sharing my debt free journey full transparency as well. It is very important to keep talkimg about money, so it stops being a taboo! My savings rate is soo much lower than what I want, but Im throwing everything at debt! cant wait to get rid of it so I can save and invest!! Awesome content!!

    • @stephandden
      @stephandden  4 роки тому +1

      Thanks for watching! That's awesome - good luck with crushing your debt! 😊✨

  • @UAX619
    @UAX619 4 роки тому +1

    Since discovering you both on the CNBC Make It Video you both did so happy you both are doing well!
    I hope one day I get to meet you both as I live in Toronto myself! God Bless and keep on smiling and shining both of you! :)

    • @stephandden
      @stephandden  4 роки тому +1

      Thank you so much! 😊 Have a great weekend! ✨

    • @UAX619
      @UAX619 4 роки тому

      @@stephandden Thank You Steph and Dan! Enjoy your weekend as well!

  • @carlbob5291
    @carlbob5291 4 роки тому +5

    Currently working for Rogers in Montreal, I confirm that you can call the retention service of the cell phone company you are currently with and they can give you a special plan or up to an equivalent of about 25% off your current plan if you are a loyal customer :)

    • @stephandden
      @stephandden  4 роки тому +1

      Ou, that’s a great tip! Thank you 🥳🥳

  • @carmencastillo8595
    @carmencastillo8595 3 роки тому

    I’m so glad to find your channel! My bf and I are in the US but want to immigrate to Toronto and this helps us get a much better idea of expenses and to save up! Love how easy you make budgeting feel

    • @stephandden
      @stephandden  3 роки тому

      Thanks, Carmen! Good luck with the future move! 😊

  • @ReeceCaruso
    @ReeceCaruso 4 роки тому +1

    Great suggestions! This is such an important topic to be discussing right now. I really enjoyed the video!

  • @VictorRegouin
    @VictorRegouin 4 роки тому +2

    Really interesting video! I’m also on my way to hit my saving goals!

  • @RochelleCheever
    @RochelleCheever 4 роки тому +2

    Great inspiration - thanks for the tips. You gave me some ideas to save/

  • @elenav6225
    @elenav6225 4 роки тому

    Thank you for the transparency!! Keep up the amazing work Steph!!! :D

  • @sultanbuashwan1379
    @sultanbuashwan1379 4 роки тому +2

    This is amazing !! keep it up

  • @charletfoster8917
    @charletfoster8917 4 роки тому

    I’m glad I found your channel-It is motivating🙏🏿👏🏿👍🏿

    • @stephandden
      @stephandden  4 роки тому

      We’re glad you found it too! 😊✨

  • @bindass87
    @bindass87 4 роки тому +1

    Guys ever since i started watching you guys .. i am curious which tootpaste you guys use ..both both of you have fantabulous smile and teeth.. Lots of love for you guys .

    • @stephandden
      @stephandden  4 роки тому +1

      Haha! We use Sensodyne - it’s gentle on your teeth and enamel! Thank you 😊✨

  • @beanbagboys4202
    @beanbagboys4202 4 роки тому +3

    I think its possible right now you are working virtually so you wont be commuting that often is tend decrease spending, trust me your spending on restaurants will decrease and commuting

    • @stephandden
      @stephandden  4 роки тому +2

      Good points - those are some perks of being home! ✨

  • @SuperSingh
    @SuperSingh 4 роки тому +3

    Wow that amazing keep up the good work, hopefully when I graduate and get a job I too can save 50 of my income lol.

    • @stephandden
      @stephandden  4 роки тому

      Thank you! You’ve got it 🙌🏾🙌🏻

  • @RodrigoMedeirosFinance
    @RodrigoMedeirosFinance 4 роки тому +1

    Hey guys awesome video - I'm with Freedom mobile ($50/M for 15GB and unlimited everything). Was still way cheaper than any corporate plan i got offered. Service is great. Could help you save $678/year!!
    Otherwise great work guys - keep it up!!

    • @stephandden
      @stephandden  4 роки тому +1

      Thanks for the suggestion!! I definitely have to check it out! 😊

  • @bardobriceno1136
    @bardobriceno1136 4 роки тому

    You are the best! Thnx for all from Mexico!

    • @stephandden
      @stephandden  4 роки тому

      Yay, thank you!! 🙌🏾🙌🏻✨

  • @hello-qt5mo
    @hello-qt5mo 3 роки тому

    Hi what's the best way to start buying or investing stocks? Also what's the lowest you can put into starting your portfolio on wealthsimple trade ?

    • @stephandden
      @stephandden  3 роки тому

      Hi! We have a video about how to start active investing (it's called 'Trading vs Investing...'). We hope that helps! Also, there's no minimum with Wealthsimple trade 😊

  • @aaronhuang1329
    @aaronhuang1329 4 роки тому +1

    i'm a big traveler and spent a lot going out every weekend the past several years, so by default i'm saving WAYYY more this year due to covid restrictions. Let's hope i can keep it up a bit once things reopen

    • @stephandden
      @stephandden  4 роки тому +1

      You built up the habit which is a good start! 🥳

  • @danieljimenezcr
    @danieljimenezcr 4 роки тому

    You rock guys! So inspiring for me

  • @lalyelangel
    @lalyelangel 4 роки тому

    Hi Steph! Great video!
    I have a really important question: Where is your shirt from??????

    • @stephandden
      @stephandden  4 роки тому

      Thanks so much! Good question 😉 Aritzia! The green sweater in the thumbnail is the Mega Crewneck and the black long sleeve is the ‘Go To’ shirt, I love it (the t-shirt version is great, too)

  • @haleycason6931
    @haleycason6931 4 роки тому +2

    I am starting my starter emergency fund. I'm a little late since I started my debt free journey in Sept 2018.

    • @stephandden
      @stephandden  4 роки тому

      That’s awesome! 👏🏾👏🏻

  • @summerjackson6876
    @summerjackson6876 4 роки тому

    Any chance you can share your finance template? Yours is great, would be awesome to not have to recreate!

  • @ermirp4668
    @ermirp4668 4 роки тому +1

    Girlll Fido has a 10 gig, $55 plan. Get on that!!!

    • @stephandden
      @stephandden  4 роки тому

      Noted, thank you!!! I can’t wait to get that expense down 🤪

  • @cocodakilla
    @cocodakilla 4 роки тому +2

    I save like 75 percent and will do that til I save a big number. Then I'll switch it and invest a lot instead and save less :)

  • @ZoeBowieJoey
    @ZoeBowieJoey 4 роки тому +1

    is this in canadian dollars?

    • @stephandden
      @stephandden  4 роки тому +3

      Hey Zoe! Yes - all Canadian dollars (we live in Toronto) 😊

    • @ZoeBowieJoey
      @ZoeBowieJoey 4 роки тому

      @@stephandden nice! well done for saving:)

  • @britelite03
    @britelite03 4 роки тому

    are you sure you cant bring down your internet costs? what about beanfield, fibrestream etc? they have good service (downtown) and are cheaper than the bigger providers.

    • @stephandden
      @stephandden  4 роки тому +1

      We probably could! Those are good suggestions - we’ll look into them 😊 thanks!

  • @kevinwallaston4462
    @kevinwallaston4462 4 роки тому

    So you and Den have separate Netflix accounts? I ask because he also has listed in his expenses Netflix for $15.

    • @stephandden
      @stephandden  4 роки тому

      We do! I pay for my fam and he pays for his - we’ll merge together at some point, just haven’t yet 😊

  • @TheKrystolMethod
    @TheKrystolMethod 4 роки тому +6

    Im saving 10% of pay, 10% to tithes and putting the rest to debt.

    • @stephandden
      @stephandden  4 роки тому +1

      That’s a great ratio 👏🏾👏🏻

    • @TheKrystolMethod
      @TheKrystolMethod 4 роки тому

      @@stephandden Thanks!

    • @AaronandAsh
      @AaronandAsh 4 роки тому +1

      Tithing is probably my most consistent part of my budget rn

    • @TheKrystolMethod
      @TheKrystolMethod 4 роки тому

      @@AaronandAsh I feel you there.

  • @justalilcrazy9
    @justalilcrazy9 4 роки тому

    Have you considered Sinking Funds? It might help you plan around those bigger infrequent expenses (furniture, beauty hauls, yearly insurance premiums, etc) that don't cleanly fit in your monthly budget. Here's a link to a Mint article with more details --> mint.intuit.com/blog/planning/what-is-a-sinking-fund/

    • @stephandden
      @stephandden  4 роки тому

      Hey Siti! It’s definitely a good option if you want that structure in your budget! In my case I don’t ‘need’ that - sinking funds ‘let’ you spend after you reach your savings goal, but my goal is to save as much as possible as opposed to a set number 😊

  • @NatashaAnita14
    @NatashaAnita14 4 роки тому +3

    Love that you flipped the 50/30/20 rule! Saving 20% is too little imo.

    • @stephandden
      @stephandden  4 роки тому +2

      Agreed! Sometimes that ‘rule’ makes you feel like you’re ‘allowed’ to spend more than you need to! ✨

    • @AaronandAsh
      @AaronandAsh 4 роки тому

      Yea 20% is too light

  • @kbmoyo
    @kbmoyo 4 роки тому

    I am aiming to save £20,000 in 2020.

  • @markbrown6763
    @markbrown6763 4 роки тому

    Hi from Frankfurt, Germany. I am a teacher at an International school and my saving goal over the next 12 months is 14,000 Euros. As a single man this would mean saving 25% of my earnings.

  • @missdione2088
    @missdione2088 4 роки тому

    Hi!

  • @DeepInDaSand
    @DeepInDaSand 4 роки тому +1

    $100 per month for a phone plan