Best Money Saving Trick: Pay Yourself First | HOW TO SAVE MONEY

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Money Monopolizers
Published at : 09 Jan 2021
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Saving money is something that a lot of people struggle with for one main reason. Most people pay everyone else before they pay themselves AKA save anything for themselves. This is how it goes for most people: get paid, pay your bills, set money aside for misc/entertainment, then save what's left. The problem is, there's usually such a small amount left that you don't even believe it's worth saving, therefore it ends up getting spent. And within a few weeks, you don't even know what happened to the money.

The best way to save money is to put money aside FIRST when you get paid, then pay all bills afterwards. When you prioritize your savings you'll find that it will become a lot easier to save money because you'll be a lot more aware.

This is the strategy I used to save $12,000 in 6 months when I first began my financial freedom journey. If you are at the beginning of your journey, you MUST BE utilizing this savings strategy.

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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