It might sound impossible to save over half of your income every month... and it is hard, but not impossible. First, do you even know how much of your monthly income you save right now? The first time I ever checked, I was only saving about 8% of income each month, and seeing that number made me feel really defeated until I learned that there was something I could do. In this video you'll see how I turned that 8% into 25%, and then all the way up to 60% and how you can do it, too.
0:00 Saving a lot of money can be hard
0:49 How to figure out your savings rate
3:41 Bringing down your expenses is key
5:19 Increasing your income is even more key
8:24 You need to commit to a mindset shift
10:27 How we're bringing it to the next level
➡ EQ Bank Our High Interest Savings Account https://click.linksynergy.com/fsbin/...
➡ Wealthsimple Invest Our RoboAdvisor Investment Platform ($50 bonus) https://wealthsimple.sjv.io/vnkndW
➡ Wealthsimple Trade Our Favourite Stock Trading Platform ($25 bonus) https://wealthsimple.sjv.io/yRARNB
➡ Neo Financial Our Cash Back Credit Card ($50 bonus) https://join.neo.cc/stephandden
➡ Simplii Financial Our No Fee Checking Account ($350 bonus) https://api.fintelconnect.com/t/l/61f...
➡ Questrade Low Fee Investment Platform Canada ($50 in commission free trades) https://www.questrade.com/campaigns/q...
➡ M1 Finance Low Fee Investment Platform USA (Up to $500 free) https://m1finance.8bxp97.net/DVq3gd
➡ Borrowell Free Credit Score Check https://api.fintelconnect.com/t/l/612...
The links above are affiliate and/or referral links that provide us compensation when you use them to sign up. Thank you for supporting our channel!
Website stephandden.com
Instagram @stephandden
TikTok @steph.and.den
Camera Sony A6400 https://amzn.to/2vsmDqc
Lens Sigma 16mm https://amzn.to/2vslvCV
Microphones https://amzn.to/2tSa3jQ
Tripod https://amzn.to/37EAibU
Small Tripod https://amzn.to/2S3dWul
External Hard Drive https://amzn.to/3mQzMlP
Our Music https://www.epidemicsound.com/referra...
The links above are affiliate links Steph & Den are Amazon Associates and we earn from qualifying purchases.
Disclaimer This content is for education and entertainment purposes only. Steph & Den do not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.