How To Save $10,000+
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- čas přidán 25. 10. 2022
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Been doing this for years. It's not fun but money won't be an issue anymore
Do u pay rent😮
Invest it. It’s easier to accumulate chunks of money rather than saving small amounts of money
@@Money_era My issue is I don't know what to invest in 🤦🏿♂️. I have 4500 saved and have no clue how I want to invest it smh
@@huncho9154 well whats your credir score and what area do you live in.
@@huncho9154 same😭
If you think saving money is hard just wait until you get hungry & remember you got money saved 💀
My dad used to say “just go to sleep and you won’t be hungry or cold” 🤣
@@sargeatlarge24v then wake up even hungrier than before 😭😭
@@KhrazeTvthat’s when you decide to get anesthesia
Some Asian online 😂
That was his actual username 😂
😂😂😂
🤣🤣🤣🤣🤣🤣🤣🤣🤣
😄
I loved that I was dead 😂😂
This is common sense. If not $100 it can be $50
So is it better to do this physically with actual bills than do it in the bank?
100 is a better choice to try to make it a week on. cause 50 of that 100 going on gas. Shit they want 35 for a 7day bus pass in Chicago
Or 20s ×5. 100💸 🙏🏾🤲🏾🙌💰🪙
@@grissom3310cash is 👑
@@assalt18 $35 for a week pass! Damn! That's about a month in Seattle.
I have 2 kids and a wife and with discipline, it works. You must cut out 90% needless spending, with only occassional splurging, but it is possible for sure! Got almost $10,000 in savings after doing this 2 and a half yrs
Rent has entered chat …
Someone who doesn’t pay rent enters the chat
Bills
🤣🤣🤣
Inflation has entered the chat.
😂😂
I put mine in envelopes till it reaches $500.00 then I seal it up and it doesn't belong to me no more. I was at $10.000.00 at no time.
Lmao bills?
@@Handle6940they live with their parents most of the time so they don't struggle lol
Smart. I just did that today. I put money n jar. $200 put in envelope. Put away...cash n house. Now I'm starting over. Every $200 will be enveloped n tossed to the side till I decide to count 6yrs from now.
Smart. I just did that today. I put money n jar. $200 put in envelope. Put away...cash n house. Now I'm starting over. Every $200 will be enveloped n tossed to the side till I decide to count 6yrs from now.
@@imanjones8240
You will see how fast it grow.
Having $10,000 in cash is a different feeling, it makes you hungry for that next 10 or 20
Holding uninsured cash is stupid and loses its value day by day with inflation…
@@corbin101I’m not insured but I still hold my value
@@Anangelfromabove ok spirit kitty 444 whatever helps u sleep at night
@@corbin101 I’m just being funny , merry Xmas
Fr
THIS IS FOR PEOPLE LIVE AT THEIR PARENTS AND PAY NO BILLS NOT FOR 99% OF THE PEOPLE TRYING TO SURVIVE INFLATION!
Nah both can do it
Both can do it
I am that both. I live with my parents but I still help with rent
You are absolutely right
You can easily do this as a active duty member of the military. Before you ask how
They house and feed you , 2k a month plus benefits and you reakly don't need to buy anything.
If u have bills then that's a personal problem. Nobody told anyone to go get a car note with expensive insurance. Or a new iphone with the highest bill . That's why I love looking " basic " because while I'm saving 1k a month some dude with the nicest whip and shoes aint even got a 1k to his name. Now who's basic and who's broke ( I'll take being basic with 16k saved any day )
Out of sight doesn’t mean in your wallet
Sho ya rite 😂 , if its in your wallet its spending money ! Money was made to spend not save , you just keep tucking some back until you got enough to buy something you need or want , thats why you always see a ass of people lined up at the ATMs !! Its a mind game the banks play on the less fortunate $$$ 🤣💯🤔
EXACTLY!! 🤣
@@user-gl9gu7tb9oyou not wrong 🤷♂️
Exactly! Lol
It does for me because I don’t carry my wallet with me. It stays home.
I can’t even get back and forth to work with $15
Facts maybe in 2010-2013 that was the last days you could make it off that.
@@terryboydii5713 or on a city bus lol
Right
gotta give the hellcat charger back bro it’s not all it’s cracked up to be 😂
Bro one fill up is 50 bucks in Chicago and that's with me using reward points
I hide my bills…. Out of sight out of mind but then they charge late fees 😂
😂😂😂😂
I have 1k cash saved $255 in my bank account , but only really have $55 dollars
Nice
You’re doing better than alot of ppl trust me
68% of millenials in my country sweden have no savings.
I only have $800 saved up and I owe $400 for my car and $500 for rent 😢
@@peterluga9829 actually ? I try to discipline myself but it’s hard at times because I do smoke a lot of weed LMAO
I have $100K saved in my emergency fund, but it took years of constant saving to hit this amount. I like all the little tricks people use to save. The biggest trick is being consistent adding funds to your 401K, IRA and savings. It takes time and commitment for us average earners to build a large pot of money.
bro what, a 100k emergency fund is the dumbest shit i’ve ever heard
Deploy your money to work for you and make more money. No one ever became wealthy by saving all their money
You save money for emergencies, not to become wealthy.
Rich elder Korean guy I know once asked me, "Who gets rich, the man who saves his money or spends it?". I don't remember the answer I gave him but he told me, "The one who saves his money, his money will stay the same. But the man who spends his money on investments, his money will grow.".
Everyone talks about this like they know what they are talking about and can't even name one specific thing I can invest in right now. I just get vague answers that lead me nowhere.
Bro you gotta save to invest and it’s about what your investing in and how much of return “flip” youre getting
So if you don’t know what to invest in at the moment. Just save until you know. You always wanna save no matter what. Even with cash flow investments you never know what might crash. Some good physical long term investments could be such as gold or copper wire. Things that either up their value over time or never changes.
It's like that except instead of saving it I use it to pay rent and bills.
😂 Welcome to the real world
I’m stacking up 50k while living with my parents for a down payment on a condo but I feel it I know that it’ll be like I pay for all my own stuff already
It’s like that except you’re lazy and want money dropped in your lap
@@whipsandtipsupdate?
…..Or invest it
“Out of sight out of mind”
My wallet : “I don’t trust you”
I used to do this in my 20s.... literally took care of me in my 40s
If you feel you can't do this, start small. Start by putting away all your $1 bills. Don't spend them, use your other bill denominations. You'll be surprised at how fast you get to $50, $100, etc. Also, save your change. It all adds up 😊
Ok, so should I give up eating or go live in the woods or what? I don't have an extra dollar.
There is no way to do it at all. The answer is to just relax and eat what you want.
That’s what you can do with acorns. They take change and round your purchases up to the nearest dollar
@@scrumblesyou tried working an extra hour
@@haroondaman7162lose an extra hour for what? Do it can be taxed and you end up with basically nothing but less of your valuable time. We’re not supposed to spend our life working…
Yeah it works if you’re 15 & have no bills/debt
Aren't you going to make new money?
I did that in 1988 in 1997 house got robbed. Everything is gone money, jewelry coins if I see you on what I do my dreams gone.
I have been working on it for the past 2 months and my savings have gone up soo much!! But it is also showing me that I have the control not to buy everything I see
That’s common sense when I was staying at my parents house I have to take half of my pay, put it in a shoebox and hide it and saved up $3000
That's what I'm doing
If you’re at your parents you should be putting a lot more than half away. Unless they’re making you pay rent. I’ve been at my parents for a year with a full time job and have saved up 25k by saving as many whole checks as possible
I got to find some hundreds just laying around first! 😂😂😂
😂😂😂
Imagine if he looses his wallet💀
😂😂
Brodie Gon sick 🤢🤢🤣🤣
On god😭😭
I mean if I found It.. as decent and respectful human being… since I learned from the best ima do what he say. Fold it up, put it away, out of sight 👀 and out of mind think 💭 🧠
@@DestinyK-2😂😂😂😂😂
IF YOU HAVE MONEY TO SAVE!!! Do not save it in a box,piggy bank, etc…Invest that money in a investment account for 1-5 years and let your money grow!!!How is your money going to earn interest sitting in a box at home???
Some people can't save that much you know your budget just act like your paying a bill.
😂who’s house you eating at? Living? Lol, if college taught me anything it’s I can’t survive on noodles, Mac’n cheese and eggs…college was long ago eggs ain’t cheap
Don’t buy egos then. Better yet make them instead.
I know u were basking the ambience with those nasty egg farts.
All good till inflation hits I would spend some this on gold and silver to protect yourself
It works cause you forget about it and then ur like damn I got bread
Some Asian imagine some Asian kid said he learned this from buckwheat online
I would put that 5k straight to cypto
Bro has been breaking into some banks lol 😂😂❤
Ok…. One hot dog later…. Damn I got to dip into my savings 😂
“Outta sight outta mind”
Literally stuffs it in his everyday wallet 😅
Pretty good tip, you should make a detailed video showcasing people how to actually budget. 20% to rent 10% grocery 10% towards tithe. Something along these lines would be great.
Every week I throw 6% into my Ira(company matches) been putting $121 of my money and $121 of my companies money away every week for 10 years now(it’s went up little by little every year with raises till I hit max 7 years ago)
The ira I have through fidelity is up 136%(vangaurd)!! Do the math and see if you guys can catch up (I’m only 33) my money will continue to grow and hopefully in about 25 more years I can call it quits and live nicely
Hey Bro❤ I'll Try It! 😮❤🙏🏾✌🏾
“ some Asian on TikTok “ ✊🏾🇺🇸😜🇺🇸😜🤟🦅🇺🇸
Everyone says invest, but where? I'm not going to lose everything I've saved on a gamble. I need facts!!!!!!
Invest in Vtsax
Gotta take a risk
Bills have entered the chat
Thank God that you told the truth about regurgitating info and repackage it as your own. Meanwhile pretending to be a financial intellect
Into a Fire Proof Safe, Bolted to the floor, in a locked Safe Room.😂
IF ONLY IT WAS THAT EASY
just follow the 50/30/20 rule and INVEST otherwise youre letting your money lose money
what is investing & how/where do i start?
@@brianaaaaaa I have a great opportunity for you!
It's tough to do that during inflation
I’m Asian and I laughed, that was great.
That’s actually the guys name
I'll have to try this. I normally do the 100 days $5,050 envelope challenge.
nd what's that how do you do that i need to try im trying to save up for a new home for my wife nd kids but how can i when i got other bills due as well stress 😅
@alyssaakagilly2928 Everyone finances are different. A suggestion would be to sit down and look at what you spend and how you spend outside of your bills. You would be amazed by some of your wants versus your actual needs. Google money savings challenges for a family on a fixed income. Best wishes to you and your family.
Yes, this works. I work based off tips, w.e i make in cash I put it away and act like it never existed. I pay my bills/luxuries with the money I made off of electronic tips, if that makes sense. It accumulates fairly quickly and it makes me feel save to have emergency funds.
The best way to save money is to squirrel it away in the form of cash only. Savings accounts are pretty lousy for saving. You are less likely to spend your tangible cash especially if it's tucked away out of sight.
Facts
Thanks G I'm trying this
I keep my money in my room and I watch it stack up and it keeps me motivated to see and feel it, I just keep play money or money need to spend in the bank
I would recommend instead opening up a high yield savings account with another bank that you don’t currently have, that way you get a few benefits. One being you can earn interest on your cash, that way inflation isn’t eating away at the money you are saving, the second reason is if you lose your wallet, you won’t lose all your savings too, and the third reason for opening an account that’s from a different bank you have is you need to really need the money cause it’ll take 3 business days for the money to transfer which adds a buffer so it’s not so easy to get that money right away.
If he pays it into the bank its taxable, he would loose 2k straight away where I'm from, providing he earns above the income tax threshold as most people do, I'd probably buy gold with the cash to be honest
@@georgeyboy8186 Not to say you shouldn't buy gold but if all you have is $10,000, then wouldn't you agree it would be more sound to keep that money where it's very easily accessible, in the case of an emergency, such as a high yield savings account. Also I don't exactly know what you mean that he would be taxed $2000 on the money he deposits, he should have already payed taxes on the money assuming he's a regular W-2 employee. As long as you're a W-2 employee and you filled out your W-4 correctly, you really shouldn't owe any excess taxes. You can toss the interest to be withheld on your paystubs, by filling out your W-4 correctly, from one of your jobs, as to prevent yourself from owing any money come filing season.
They would have to put my money in an underground inpenetrable and heavily guarded steel vault for me to not spend it.
Spend it faster you get it that way nobody can still it
Where did you buy the prop money?
Should be putting it into investments, stocks are decently safe especially if they have dividends or an index fund. But because of inflation just "saving" it will make that money depreciate in value over time
hey, im a teen new to this stuff. i have been wondering, do stocks cost money? and how can i invest?
I especially liked the part where the ventriloquist dummy was staring at the Christmas tree 🎄🤡🙄🥱
Your health needs, gas needs, food needs, rent and taxes has entered the chat
*(Endless wants is attempting to rejoin the chat)
Some Asian on Tic Toc is a financial genius for telling you to save $100, not pay your bills and see how you turn out.
Ill try but I'm not sure how national grid or the landlords going to feel about it 😅
hell yeah been doing this for a while .
I do this in a TFSA and it actually grows more than just saving it cash somewhere
I can confirm that this works I made $1,000 in a month doing this with side hustles
I have too many bills to save $500 each paycheck 😂😂
Do you have cable?
Save $400 then...
@@robertcherry7190😂😭😭
Cut expenses then you can save $500
Save 20-40$ then
I been doin that since I was 16 outta sight outta mind for sure
You have to be strict I put half of my check away every week
For the duration of me being a freeloader I’m
Saving 50%
Spending 47.5%
Charity 2.5%
**money gets folded**
Bill checkers: 👁👄👁
Bidenomics brought me here. Hope we all make things great again soon.
Imagine the Asian kid said he learned this from some ghetto savage on TikTok
My way is different out of every 100 I save 20 so if I have 1000 I save a 100 and I don’t spend my dollar bill are my chum change stash it and forget about it every Christmas it a gift to my self try it I get over 2 racks every year.
Wow. I will try this!👏🏾
50% on needs (rent, groceries, toilet paper, gas, etc.), 30% on wants, 20% on savings. Build up an emergency fund, 6 months of life expenditures, 5k, 10k, 15k, 20k, w/e. Don't finance, no debt, if you need to drop 10k on a new car you've got it in your emergency fund, build it back up.
Anyone savings dollars are lost as hell. The dollar is worthless you all better grab you some assets.
This man just said "some Asian on Tictoc"😂😂😂
“Out of sight, out of mind”
Me: Where did I put that damn stack? 🤔
Some Young GUY !
It does work my mom used to do that when we were baby’s and she was 16 she’d get envelopes and title them rent food utilities extra and savings and it always worked
I been saving money too
Gotta set a real time goal with this
That would be devastating if you got robbed.
I used this tactic in 1st grade with my socks
But how do you fold your wallet?
Looking at your wallet, you're already rich. This is privilege. Most of us live paycheck to paycheck. There is literally no money to save.
The key to saving money i found was just readjusting my zero. Once had thousand. Boom thats your new zero and so on as you get more.
Bro the type to tag his location too 😂
Being an entrepreneur is not easy guys but don't be discouraged. Here's good points.
1. Solve a problem and offer a better solution. So dont think of an idea. Think of a problem to solve. This is very important.
2. When you have a problem offer a solution that is differentiated either lower cost or better quality
3. If you don't have large reserves of money it will be hard to compete in mature markets. So target fast growing markets or find a way to offer a differentiated solution
So live in the future and build something you really want and it solves a problem.
And have mindset and visualization where you want to be do this daily. You have to read: Think and grow rich, and 7 habits of highly effective people.
this is a coincidence… i um got with that guy 😭😭😭
I’m doing that challenge right now 🎉❤keep up the great work
“some Asian”😂
Don't Everrrrr carry that much cash!!! 😂😂😂
Good looking out bro
“Out of sight out of mind”
You know what I do need some new posters in my room, and I really want a pizza, and I need to get a birthday gift as well. Oh well
Your money is going to devalue every single day due to inflation. Invest it. Or spend money to make money.
I got 5 shoe boxes full of $100 bills can't say how much it is but. Its never going to a bank
If inflations and taxes wasn’t so high. We all wud be able to save a lot more
Out of sight out of mind is true!! I tried it!!
Put the savings in a high yeilding money market account and make more money in interest.
You learned this from me, a Black American
I'm on it!frfr you confirmed my thought😳😮😁
I think we watched the same “Some asian on line” Video 😂
I love the some Asian part. Hahaha. I’m Asian this method got us out of debt and that was almost 60k debt.