Скачать с ютуб 12 EASY Ways to Live Below Your Means and Save More в хорошем качестве

12 EASY Ways to Live Below Your Means and Save More

How to live below your means and save more. Support My Channel!: https://www.buymeacoffee.com/williamsauQ My $15 Phone Plan: https://mint-mobile.58dp.net/rn6rJQ My 4.6% APY Savings Account: https://www.sofi.com/invite/money?gcp... My Favorite Personal Finance Books Your Money or Your Life: https://amzn.to/3VExSUV The Simple Path to Wealth: https://amzn.to/3RODWJp Die With Zero: https://amzn.to/4bjwQ6D Chapters 00:00 Start Here 00:28 Focus More On What You Spend, Rather Than What You Make 01:26 Start Viewing Money As Time 02:19 Know Your Numbers 02:58 Know When More Doesn’t Make You Happier 03:46 Treat Treats As Treats 04:25 Be Weird 05:00 Think More 05:39 Surround Yourself With Like Minded People 06:20 Take Advantage of All The Free Things In The World 06:53 Spend Your Own Money…Instead of the Bank’s 07:52 Stop Seeking External Validation 08:36 Increase Your Income The key to a good financial life is simply spending less than you earn and this concept is called, "Living below your means." In this video, I share 12 ways you can live below your means and save more money. 1. Focus More On What You Spend, Rather Than What You Make A huge financial mistake people make is focusing more on what they are making instead of what they are spending. We don't have much control over how much we make, but we do have a lot of control over how much we spend. If you focus on what you're spending you can make more progress financially. 2. Start Viewing Money As Time Money is just a representation of time. Whenever you are about to spend money, ask yourself the question, "Is this item worth the effort it took to make the money?" When you ask yourself that question, you will naturally spend less. 3. Know Your Numbers Another key to a good financial life is creating a budget and tracking your expenses. In addition to doing this, it is important to know certain numbers off the top of your head like your income, fixed expenses, discretionary spending, checking account balance, and saving account balance. 4. Know When More Doesn’t Make You Happier Spending more money can increase your happiness, but only up to a certain point. It is important to know when "more" no longer increases your happiness and stop spending money at that point. 5. Treat Treats As Treats More stops increasing your happiness when it goes from being a treat to being normal. It is important to treat treats as treats and only do special things on occasion. 6. Be Weird Dave Ramsey once said, "Be weird or be broke." You can be normal, live above your means, and have financial problems. Or you can be weird, live below your means, and have a good relationship with money. 7. Think More The reason many people overspend is simply because they are not thinking. If you are frugal and live your life more intentionally, you will naturally spend less money. 8. Surround Yourself With Like Minded People You are who you surround yourself with and if you surround yourself with materialistic people, you will become a materialistic person. But if you surround yourself with frugal people who spend less, you will do the same. 9. Take Advantage of All The Free Things In The World There are so many free things in this world and if you take advantage of them, you can live a rich life without spending money. 10. Spend Your Own Money…Instead of the Bank’s People often spend money wastefully when they spend the banks money in the form of credit. It is important to be in the habit of spending your own money because you naturally respect it more. 11. Stop Seeking External Validation I believe that many people dig themselves in a bad financial hole because they want external validation from others. The truth is that nobody cares about your possessions, so don't get things to impress others. 12. Increase Your Income Although this is not easy, increasing your income is the easiest way to live below your means and save more because the more you make, the more you have to work with. **Links above are affiliate links where if you click and order, I will receive a commission at no cost to you. **