What’s one way that you’ve simplified your finances? 🤍
@aninomiai39232 жыл бұрын
* Limiting the cards I own and carry. * Leaving my savings account card at home. * Have a budget before pay day. I've tried to automote my investing and saving, but I can't. Whenever I got paid, I automatically want to transfer everything so I can feel the control that I have or else I keep feeling anxious and forgot whether or not I have transferred everything. So yeah, no automatic transfer. Thank you for the tips. I've done almost everything. Nice to know that I've done everything right.
@kaitlinross43482 жыл бұрын
Okay, I just now started in the past 2 days, but discovered we spend way too much on groceries! So I’m trying out some of the emergency budget $20 for 40 meals videos here on youtube and I think that will help tremendously. I normally buy individual meals (cans of soup, frozen meals, etc) but will start making big, cheaper meals like casseroles that will last more than one meal and will be cheaper overall.
@cindynovinca952 жыл бұрын
I stop buying cutie knickknacks at a store.
@kaylachristensen2 жыл бұрын
I am a massive spender and it's a really bad habit. I'm 21 and my fiance is almost 22 and he is a really good saver and I'm not. I'm also in college right now and he's finished school and is working full time. As I know that he's more of a saver then a spender, we've come up with a plan where if I want to buy something that doesn't have to do with the necessities, I have to ask him first because I can always justify buying something completely unnecessary so if my man says no and it gives me a good reason to not buy it or tells me something else that we could put that money towards i don't buy it. it's a way to train my brain to not impulse buy while also having an accountability buddy.
@lissetsanchez53162 жыл бұрын
Automate my savings/Tithing.
@quorrakai2 жыл бұрын
Yes on the credit cards! Have one or two, pay them off each month and get rid of those high interest store brand cards. My husband and I have one credit card and no credit card debt. It's freeing. Also daily pointless spending adds up. The daily coffee or smoothie or eating out. Scale that back or eliminate it and watch the money grow in your account. You can absolutely live without it.
@AshlynneEaton2 жыл бұрын
Love that!! You are so right. Those purchases really do add up over time!!
@michelesusanne12 жыл бұрын
You can make it less impulsive to shop online in order to stop spending on things you may not need. Instead of saving your billing information, input your shipping address and credit card number each time you order. You’ll probably make fewer impulse purchases because of the extra work involved.
@AshlynneEaton2 жыл бұрын
Oooh love that tip!!
@MinimalistLil2 жыл бұрын
Love this video Ashlynne! With the rising gas prices and grocery prices, simplifying my finances is going to be so important. It's time for me to sit down and revisit that spreadsheet. :)
@AshlynneEaton2 жыл бұрын
Love that so much!! For sure. Inflation definitely has been rough lately 🤍
@sarahchartrand93982 жыл бұрын
Closing a credit card will affect your credit negatively. Just cut it up and throw away the credit card # so you can't use it. Not using it will affect your credit positively but very slowly, compared to using it and paying it off ASAP. That shows that you can have credit in your name but be responsible with how you use it. I'm from Canada.
@FaithWolper2 жыл бұрын
I’ve never had my credit score negatively affected by closing a credit card.
@kristatacderas75902 жыл бұрын
The only way it is affected negatively is if it’s one of your first accounts because the older your accounts the better.
@karenherrera2872 жыл бұрын
If you don't close your credit card account, someone could still steal the information and use it to charge stuff
@godisgood29192 жыл бұрын
I have closed lots of credit cards and my score stayed high 700's or over 800. (I heard that though, but have not experienced it).
@joannafoster34232 жыл бұрын
We became debt free a year ago. What freedom!
@AshlynneEaton2 жыл бұрын
Wow that’s incredible!! Congratulations!!
@kaitlinross43482 жыл бұрын
This is the best tip ever! To transfer some to savings the same day as you get paid. I think this will have the greatest impact on saving! thank you so much!
@AshlynneEaton2 жыл бұрын
Literally this makes such a difference!!
@godisgood29192 жыл бұрын
I started keeping track of what I spend a few years ago. Now that retirement is getting closer, it is a very concrete detail we need (because 4% of your investments are supposed to pay your expenses for one year and that last for 30 years. However, inflation may be changing that. :( We also try to buy cash for used cars. We have fisherman and hunters in our family so get a lot of free meat, which helps us to stretch our grocery budget a LOT! I try to keep my house warmer in the day while I'm home alone and then turn the A/C up in the evening when the rest of my family gets home. One of them works outside so the A/C is refreshing for him. Also, we have used credit card intro offers to take free vacations, free hotels, flights, etc. It has been a huge help!
@karenherrera2872 жыл бұрын
Becoming debt free is our short-term goal!
@edflaherty18872 жыл бұрын
When I was working for 35 years I had an auto deduction for my investments & learned to live on the rest of my salary - about 90 %. One needs to do this for many years and stay in for the long haul in order to have a nice nest eggs at retirement . Also, I agree that it's better just to pay a financial advisor to manage your investments. Choose a " big name " company _ I mean really big for that. Many of the very small operators are using the fees to pay themselves . The big operators pay the investment managers a salary so they are not on a commission looking out for them selfs before you - one knows how that can go.
@AshlynneEaton2 жыл бұрын
That’s some great advice!!
@carlarevie68172 жыл бұрын
You are such a responsible amazing young lady - well done xx
@ervinsmoviecorner87482 жыл бұрын
A nice new video and you’re so beautiful and 300K subscribers is coming soon, Ashlynne!❤️❤️🌸🌸
@AshlynneEaton2 жыл бұрын
Thanks Ervin!!
@ervinsmoviecorner87482 жыл бұрын
You’re welcome, Ashlynne!
@xStarlitee2 жыл бұрын
great video! but one thing I would note is if you close your oldest credit card, the credit history will also close along with it. a long credit history is useful when applying for future mortgage, for example, so be careful with this!
@bonessam96182 жыл бұрын
I totally agree about getting rid of a lot of credit cards, closing those accounts and pay in full each month. If you can't pay it off each month (with very little exceptions) then you can't afford whatever you are buying. Or simply, pay in cash/debit card. Investing, even in your 20's is a very smart idea. Learn to live off of less than you make.
@pushkar6016Ай бұрын
0:54 Two Goal Rule 2:49 Have One Account In Each Category like one for personal banking, one business account and one for investment 3:39 Invest A Lot In Little 4:45 Delegate Taxes 5:34 Automate Investing (Pay Yourself Method) 6:22 Limit cards 7:43 Set Up Autopay 8:16 Close Old Account 8:46 Go Paperless 9:23 Track It All In One Place
@m.e.nickels2 жыл бұрын
Have you ever considered reading books for Audible? You'd be good at that 😁
@cobrafinancialsolutions10392 жыл бұрын
Some great points!
@boubakar51682 жыл бұрын
Une vidéo excellente bravo ashlynne 😊😊👍
@cassandra432102 жыл бұрын
I personally never understood why people get credit cards. I've never owned one and only used debit cards since I believe you should only buy things you have the money for. Also I know there are people that assume you need credit history (so a credit card) in order to get a high value loan or a mortgage but based on my experience, that is not true. My bank was happy to give me a mortgage without any credit history, just based on the fact that I've seen saving money consistently for years and paying for rent (which proved I pay for my stuff on time and still manage to set money aside).
@godisgood29192 жыл бұрын
My son needed a credit card to establish credit. He just lived at home and paid me rent, so no records for any type of credit.
@5966ramesh2 жыл бұрын
Great video. Great inputs. Thank you.
@synnacastroman38132 жыл бұрын
Love your tips
@nicholajayne2 жыл бұрын
Great video!!!!
@sephscourge21482 жыл бұрын
Was just after a video like this!
@AshlynneEaton2 жыл бұрын
Oh I’m so glad to hear that!!
@fablesreveries6223 Жыл бұрын
Closing old credit card accounts will downgrade your credit score, the best is to keep the credit cards and not use it. I know it seems counterproductive but if you are planning to buy a house it might not be in your interest to have a bad credit score, you can get your morgage loan denied. (My husband had no credit cards and was asked by the bank to get one so he could have a credit history otherwise they wouldn't get us a loan).
@susmitasandeepparakrammukh31863 ай бұрын
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@Ayeshavlogs0.12 жыл бұрын
Nice video
@meganelizabeth7722 жыл бұрын
I have only have 2 debit cards due to having 2 bank accounts because of areas I've lived in before didn't have banks for the accounts I had and then I only have a credit card due to my fiance giving me one from his account for emergency when we aren't around each other and something happens. 🙃
@elisamartinez3812 жыл бұрын
I am Elisa Gomez and I what's to know about how to do. Budget plan ing. For. Keeping track . Items for cooking
@CrisTryingToBeProductive2 жыл бұрын
Did you notice there's a typo in the thumbnail?
@wissalwissal12172 жыл бұрын
Hola
@koko1375912 жыл бұрын
🖐🏼🙂
@user-td9vn8nf5p2 жыл бұрын
I loved you very I am following his new name from him from Egypt🇪🇬 country three pyramids
@charlesdonald55522 жыл бұрын
Even with the economic fluctuation, I’m so excited I’ve been earning $45,000 from my $10,000 investment everyday 10days...