Saving money is hard when the cost of living is so high, in this video we explore lifestyle creep, paying yourself first, tracking your …
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Saving money is hard when the cost of living is so high, in this video we explore lifestyle creep, paying yourself first, tracking your …
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Spend as little as possible. Easy
"It doesn't matter how much you earn"
Erm…
Yes it does lol.
If I was on 100k I could retire in about 5 years. I'm on about 20k so no chance.
And I (and I'm sure many other people) can't just put money into investments/savings straight awaybecause there won't be enough for bills
Always buy second hand and stay out of bars.
Thank you for this video! I've just activated the 'save the change' feature on my banking app. Great idea!
Thank you.I've just opened up a Save the Change Account!
Before you can save any amount of money – you have to have it coming in !!!!!!
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️
My problem is if i save it somewhere ill spend it somewhere else how do i get on top of this?
really enjoyed this, thanks!
Cracking vid Matt – very informative. I use money box also. Love it.
Good vid
I put my pay rise into my pension. I don't notice the difference as I didn't have the money in the first place
You notice every penny when you have nothing.
I get paid 15k a year even tho I am 20 I start saving 800 pound a month it’s been 3 year now I have 28k in my bank at age 20 even as waiter
Ive just reached 10k over 3 years , living on the "breadline" for the entire time. Problem is now to make more with a so called healthy sum to some people im worried about losing it in investments, stocks & shares etc especially if you think i spent 3 years on the bare minimum, so now im stuck with 10k , sad and more stressed about losing it.
Anyone know which UK banks offer the ‘save the change’ scheme?
Best way to manage savings is managing lifestyle inflation
Top tip don't take out multiple loans and gamble i learnt the hard way!!!!
How long did it take you to get up to £5,000 just by saving pennies? 😂
How to save is really by absolutely cold turkey with your money. Stop any distraction or boredom spending. Take cash out for food and give yourself an allowance. Only keep in your current account the money for direct debits and open a no access savings account if you have problems with dipping in to your money. Don’t give yourself access to your money unless you’ve thought about and planned for your life or month etc. it will work. Good luck. Don’t give into temptation. Don’t use credit cards.
I never really found Save The Change that useful and don't even know if Lloyds still do it anymore…their savings account rates are never that good anyway. They used to have a competition where you could win 1 of your debit card purchases each month but they don't seem to do that either.
I always had coffee at work so didn’t have to buy. Also I used to take lunch from home and only occasionally buy at work. In addition I have always been saving to my workplace pensions and have been doing so for 30 years now since my first job. It is not hard to do these simple steps that’s why I plan to retire 10 years before state pension comes in.
Hi my name is fudge I started doing all this years ago but it nice to know that I’m not the only one that does this I think every one should do this so they can have more money for them selfs and not steal or scrage of others I spend my savings on my self every day and I love it o and my bungalow
You must spend like 20k to have 5 grand savings from a roundup lol
A personal tip to help save costs, regarding the eating out for lunches (maybe on work breaks etc) is batch cooking. I have a nasty habit of buying a sandwich on shift (work in retail) for my break, its about £2-£2.50 every shift im spending on that sandwich. When i do batch cook i can get 4-5 meals for less than a £1 each. Not only is it cheaper its healthier and gives me more enegery to finish the shift than a sandwich. Would highly recommend for people who do shift work!
Wish hsbc did this round up feature
if average 'change' is 1p because most items are 99p it would mean you would have to buy 1million items of just 99p to save £10k in a year
good luck with that
cheapest item is a 19p spaghetti hoops
id need to buy 8100 tins of spaghetti hoops individually to save £10k
that means each day going upto the cashier desk with one tin of hoops. 22 times a day
sorry but that 'change' tip wont get you £10k
Super helpful. Honestly think this should be taught in schools one day a year. Same with tax. We have to rely on our parents to teach us and not everyone’s parents know how to manage their money. Great content!
If you like women also don't even think to save money .
I now need to get my money work for me I feel like my money doesn't work for me it's crazy
In terms of the lifestyle creep sometimes finance a car can better and help you save more
My ex bf who’s a friend now introduced me to moneybox..he’s been using it for over a year now and has a lot in there 😮 iv been using it for a few weeks and I must admit it is helping me a lot with saving and I think it’s a great way especially for young people who struggle with saving.
Great content.
Great video, Matt Brighton! Thank you for sharing this informative content with us❗💲💰💲
rounding up apps are the best, check it once a month and you'll always be suprised by how much you saved without effecting you much
My income is like £400 a month. How am I supposed to save and survive?
£340 a month on coffee and lunch?! 😁 That's 75% of our family food budget for the month 😊
That £5k is an average as you say, I hate average figures when dealing with money analysis. The mean would give you a very different annual savings figure