15 TIPS TO STOP SPENDING & START SAVING MONEY — Transcript

Full transcript

1. 0:00hi friends Zoe here and today I'm really
2. 0:02excited because I'm going to be talking
3. 0:03to you about something that I've been
4. 0:05working on a lot personally lately and
5. 0:08I've kind of put together about 15 tips
6. 0:11I'd say that have helped me stop
7. 0:14spending money and to start saving money
8. 0:16I think it's something we all need to be
9. 0:17conscious of especially if you know
10. 0:20you're around my age and you have
11. 0:21student loans or there's a vacation that
12. 0:23you want to go on uh it's always a great
13. 0:25idea to save money and to be more money
14. 0:27conscious so here are my top 15 tips
15. 0:29that have helped me stop spending and
16. 0:31start
17. 0:36saving so first things first it's really
18. 0:40great to have a goal in mind of what
19. 0:41you're saving towards so this could be
20. 0:44something like paying off your student
21. 0:45debt paying off a credit card debt it
22. 0:47could be a trip you'd really like to go
23. 0:49on it could be a new laptop or a new car
24. 0:52things like that when you have a
25. 0:53specific goal in mind you can be more
26. 0:55focused on that goal and more inspired
27. 0:58and motivated to save more quickly and
28. 1:01stop spending money so for example I
29. 1:03remember when I was on a big savings
30. 1:05free before my Euro trip for years ago
31. 1:08now it's too bad that it was that long
32. 1:10ago but anyways when I was on a big
33. 1:12savings spree for Europe instead of
34. 1:15going out for drinks with friends I
35. 1:16might sit this one out and I'd think in
36. 1:19my head you know what I I'd rather save
37. 1:22this $30 $40 that I would spend on
38. 1:24drinks or dinner with my friends and put
39. 1:27it towards my Euro trip where I could
40. 1:28have dinner and drink drinks say in Rome
41. 1:31or somewhere in Europe where it's
42. 1:33probably going to be cheaper anyways for
43. 1:34the most part so keep your goal in mind
44. 1:37and be consistently thinking about it
45. 1:39and have it in the back of your mind
46. 1:40when you're making plans or feeling
47. 1:43tempted to spend money my next tip is to
48. 1:45tell your friends and family and those
49. 1:47around you about your big goal that
50. 1:49you're saving for this can make it a lot
51. 1:51easier when you have to say no to them
52. 1:53if they're inviting you out to dinner or
53. 1:55to an event that's going to be costing
54. 1:57you a lot of money it's really important
55. 1:59to have goals and people generally
56. 2:00respect when other people have goals and
57. 2:03it could even Inspire or motivate your
58. 2:05friends and family to save money as well
59. 2:07so be sure to voice your goal so my next
60. 2:09tip is when you get paid so for example
61. 2:12I get paid by- weekly I take out the
62. 2:15money that I need for my groceries in
63. 2:17cash and I'll put that in my wallet and
64. 2:19that's the only money that I'm allowed
65. 2:20to spend on groceries for the next 2
66. 2:22weeks until I get paid again so at the
67. 2:25beginning when I was starting out with
68. 2:27this new budgeting technique I did did
69. 2:30run into a a little bit of a problem so
70. 2:33for example I remember one day I I had
71. 2:36to eat oatmeal for lunch because that
72. 2:38was all I really had left and I was kind
73. 2:40of putting together all these random
74. 2:42meals at the end of it but you'll learn
75. 2:44and it's called discipline so once you
76. 2:48become more money conscious you'll be
77. 2:49able to budget a lot better and spend
78. 2:52your money more efficiently at the
79. 2:53grocery storees so I'm really glad that
80. 2:54I started off with this technique a few
81. 2:56months ago because it's helped me save a
82. 2:58lot of money and it's also help me
83. 3:00become more conscious while I'm grocery
84. 3:02shopping my next tip is to think of
85. 3:04money in terms of hours and items in
86. 3:07terms of dollars so I'll give you an
87. 3:09example here if I am invited to an event
88. 3:13and let's say that event cost $100 I'm
89. 3:15going to think about that in my mind is
90. 3:17how many hourses of work does it take me
91. 3:19to make $100 and is this event going to
92. 3:22be worth that type of money or if I'm in
93. 3:26a store and I maybe see a jacket that I
94. 3:28like is this Jack jacket worth $200 is
95. 3:31this $200 jacket worth $200 when you
96. 3:35start to think of it in terms of time
97. 3:37and money you'll be more conscious of
98. 3:39where you're spending and how you're
99. 3:40spending your money I found that this
100. 3:42tip has been very helpful for me my next
101. 3:44tip is to stop being so generous for all
102. 3:46of you you out there who are generous
103. 3:49like myself sometimes you can get a
104. 3:51little bit caught up in it and want to
105. 3:53splurge on somebody or something it's
106. 3:55nice to buy people gifts here and there
107. 3:57but be sure that you're being conscious
108. 3:59about it and if you have a lot of
109. 4:00friends who have birthdays in the same
110. 4:02month then think about that ahead of
111. 4:04time and save for those birthday cards
112. 4:06or those gifts ahead of time so that
113. 4:09you're prepared and you're not giving
114. 4:10yourself a little bit of a setback in
115. 4:12the bank my next tip is to walk places I
116. 4:15personally love walking I love listening
117. 4:17to music and audio books when I walk
118. 4:19especially when the weather's nice but
119. 4:20even when it's not nice I always walk to
120. 4:22work so that saves me in a Metro pass I
121. 4:25know that that's not easy for all of my
122. 4:27viewers out there but be more conscious
123. 4:30about it or if you do have a car that
124. 4:32you drive try to think about only
125. 4:35leaving the house once or twice a day
126. 4:37for things that you need to do so for
127. 4:38example if you have plans with a friend
128. 4:40for lunch and you also have to go
129. 4:41grocery shopping go out for lunch with
130. 4:44your friend and then go grocery shopping
131. 4:45on the way home instead of making a few
132. 4:47trips out during the day my next tip is
133. 4:50to change what you do with your friends
134. 4:52so for example if you're always going to
135. 4:54the mall with your friends or always
136. 4:55going out to eat with your friends
137. 4:56you're probably spending a lot of money
138. 4:58why not invite your friend friends over
139. 5:00and have a pot look at your house or
140. 5:02invite them over for say a spa night
141. 5:04something like that that is inexpensive
142. 5:07and you'll get more intimate quality
143. 5:09time with your friends anyways next is
144. 5:11to unsubscribe from all those shopping
145. 5:13emails or potential spending emails that
146. 5:17you'll get in your inbox so for example
147. 5:20I was getting emails from J crew from
148. 5:24Gray Malon this artist that I like and I
149. 5:26always feel tempted to spend money on
150. 5:28these things but then I decided to
151. 5:31unsubscribe and when I'm ready to shop
152. 5:33for those things when I have the money I
153. 5:35will go out and get them when you were
154. 5:37constantly receiving your inbox flooded
155. 5:39with pretty clothes and pretty things
156. 5:42you're going to be tempted to buy so
157. 5:44just out of sight out of mine just
158. 5:47unsubscribe my next tip is to clean out
159. 5:49your closet and I'm going to link my
160. 5:50video that I made about cleaning out
161. 5:52your closet below because once you do
162. 5:54this you realize that you actually have
163. 5:55a lot more than you thought and when you
164. 5:57get rid of a lot of things you realize
165. 5:59you don't to keep consuming and buying a
166. 6:01lot I've really found comfort in being
167. 6:03more of a minimalist lately and it's
168. 6:05helped me stop spending money most
169. 6:08definitely but also save when you purge
170. 6:10your closet you feel fantastic and
171. 6:13you'll notice that say you have five
172. 6:16basic white t-shirts that you didn't
173. 6:18know that you had so when you realize
174. 6:20that you have a lot more than you
175. 6:22thought you did you're not going to be
176. 6:23tempted to go to the store to grab a
177. 6:25basic white T-shirt when you actually
178. 6:27know that at home now you have five my
179. 6:29next tip is to look at your bills or
180. 6:31things that you're spending money on and
181. 6:32see if you don't need to spend money on
182. 6:33them anymore so for example my cell
183. 6:36phone bill I call tellas all the time
184. 6:38and ask them if there's any way that
185. 6:40they can make my bill less expensive
186. 6:43sometimes you get a nice person on the
187. 6:44other end and they're willing to help
188. 6:45you out here and there sometimes not so
189. 6:47much but that's just one example another
190. 6:49example is the fact that I bought a
191. 6:52portable hard drive so I didn't no
192. 6:54longer needed my extended storage and
193. 6:57Dropbox so I discontin my Dropbox
194. 7:00membership and now only use portable
195. 7:01hard drives my next tip is with food
196. 7:04like I mentioned I found a lot more
197. 7:06comfort in becoming more of a minimalist
198. 7:08and this has come along I think with
199. 7:10veganism as well because I'm finding
200. 7:13that I'm eating whole foods that are
201. 7:15plants and vegetables so I'm spending
202. 7:18less money on those foods and they're
203. 7:20also very simple so for example every
204. 7:22week I keep a mixture of grains Mo
205. 7:25mostly brown rice and beans and maybe
206. 7:27some cilantro in a big bowl in my fridge
207. 7:30and from this big bowl of substance I
208. 7:33can make burritos I can put it on salad
209. 7:36I can put it on Kale I can I can do all
210. 7:39sorts of things with this mixture in the
211. 7:41fridge so it's a very inexpensive
212. 7:44mixture and it keeps things very simple
213. 7:47my next tip is to bring your lunches to
214. 7:48work so like I mentioned I have this
215. 7:50mixture in the fridge so I'll bring my
216. 7:52greens to work my fruits and vegetables
217. 7:55by bringing a very hearty and delicious
218. 7:58and simple that's very good for you you
219. 8:01won't be tempted to go out and spend
220. 8:02money because you won't find yourself
221. 8:04hungry during the day tempted to go to
222. 8:06the convenience store or to go out for
223. 8:09fast food my next tip is for those of
224. 8:11you coffee drinkers if you're a coffee
225. 8:13drinker and you stop at Starbucks or Tim
226. 8:15Horns or wherever to get your coffee
227. 8:17every morning you need to stop doing
228. 8:19that because it all adds up it might
229. 8:20seem like a few dollars here and there
230. 8:22but a few dollars every day really adds
231. 8:24up think about it over the span of a
232. 8:26month and think about it over the span
233. 8:28of a year how much money would you save
234. 8:30if you didn't go out and spend a lot of
235. 8:32money at Starbucks or at Tim horn say
236. 8:34wherever you get your coffee every
237. 8:36morning I no longer drink coffee but
238. 8:38when I did I picked up this cup from
239. 8:40Starbucks because I know some of you out
240. 8:41there are really obsessed with the white
241. 8:43cups and maybe that's why you're so
242. 8:44attracted to Starbuck yeah so you can
243. 8:46buy a cute little cup like this for $2
244. 8:49it's reusable and you can put your tea
245. 8:51in there in the morning and drink it
246. 8:53while you walk to work or you can also
247. 8:55buy um instant coffee this I think this
248. 8:58was like $3.99 and it's actually not bad
249. 9:01I like I said I don't drink coffee
250. 9:02anymore but it doesn't taste bad and how
251. 9:05many cups you can you get out of this
252. 9:07you only need a spoonful for each one so
253. 9:09yeah just be conscious of spending money
254. 9:13on Beverages and finally my last tip is
255. 9:16to stay out of places where you feel
256. 9:18tempted to spend money so for me this is
257. 9:20probably the mall if say you've cleaned
258. 9:23out your closet and you still feel like
259. 9:24you need some things why not check out a
260. 9:26secondhand store or check out could G
261. 9:29your Craigslist if you need something
262. 9:31like a winter coat people are selling
263. 9:33these things all the time that are
264. 9:35lightly used you can also hold a
265. 9:38clothing Swap and Shop party with a few
266. 9:40of your girlfriends and you can all
267. 9:41exchange clothes and feel like you have
268. 9:43a whole new wardrobe there's so many
269. 9:45options instead of going to the mall and
270. 9:46spending excessive amounts of money
271. 9:49anyways I hope this video helped you
272. 9:51guys please leave any additional tips
273. 9:52you have below because we can all help
274. 9:54each other out here and let's start
275. 9:56aggressively saving that money if you
276. 9:58like this video don't forget to give me
277. 10:00a thumbs up and subscribe below and I'll
278. 10:02see you again very soon bye
279. 10:04[Music]