How I Save Money And Budget As A 20 Year Old Part-Time Working College Student

Рет қаралды 88,538

Күн бұрын

Hi everyone! Today's video is me showing you how I budget and save money at 20 years old, all while being a part-time worker and college student at the same time. I got into budgeting and saving money this new year and it has changed my life. Since learning how to budget and save money I have eliminated so many problems I was having with myself in terms of my mental health, which I speak on in this video. If you are looking for a way to save money, this system is definitely a great one. You can also use this method if you are a salary paid worker, but since I am a part-time worker my system may look a bit different from yours. The budgeting system I use is called the "sinking fund" method, and if you stay til the end of the video you'll find out all there is to know about this money saving method.
Q&A:
How old are you?
- 20
Where are you from?
- Los Angeles, CA, born & raised
What camera do you use?
- Canon EOS M50
What is your fave social media site?
Instagram... which mine is @kami.xcx ;)
This video is not sponsored, even though I wish Digit would because I love their app.

Пікірлер: 100

@thekamixcx 2 жыл бұрын

Hey everyone! I just posted an updated budgeting video: kzfaq.info/get/bejne/n66Wja6G2s6cnps.html Also wanted to thank you all so much for the love on this video!! I really appreciate it.

@julieyoung5865 3 жыл бұрын

I think it is so important as a pet owner to have an amount of money put aside for surgery or other possible emergencies, we never know when they are going to get sick and as pet owners we choose to be responsible for another life and need to be ready at all times to help them

@thekamixcx 3 жыл бұрын

Absolutely. And it also helps out when you need to buy them food or something else for their personal needs

@Puglover480 2 жыл бұрын

Totally agree!

@evelynlara9090 2 жыл бұрын

“Only $13 an hour at the time” That’s how much I’m getting paid now & I was excited 🥺

@richsanson8497 2 жыл бұрын

I've just winged it for years, always earned more than my outgoings, never saved anything, once told my girlfriend she could have anything she wanted but I needed two weeks notice lol, now I've got a kid, run a car regular long distance, and a recent upgrade to the house, finding myself very restricted, that's how I stumbled here, ima watch again n try make sense of it lol, I'm definitely needing to do something like this. Thank you :)

@earnextrawithem1385 3 жыл бұрын

I enjoyed watching this, thanks for explaining it so helpfully. I think our brains probably work in quite a similar way actually- you've given me some good tips for my budgeting!

@itscatina622 Жыл бұрын

This is a reeeeeally good video! You did so well with explaining everything clearly! Thank you so much ! 💗

@stephanienelson3706 3 жыл бұрын

hey, this was so useful to watch and easy to understand! i'm also a college student working part-time and i've been really trying to save my money efficiently, instead of just putting amounts of money from my current account into my savings when i feel like i can. definitely gonna try to put this into practice from now on :) you've got a new subscriber!! :)))

@thekamixcx 3 жыл бұрын

Hi Stephanie, I really appreciate you saying all of this. I’ve actually implemented a new way of budgeting which is similar to this one. I still haven’t found the time to make an updated video, but thank you for subscribing because when I posted you’ll be the first to see it!

@Anna-de8pd 3 жыл бұрын

Are you looking for how to invest your money and make good returns weekly and monthly as a student? Rutherford investment company helps you trade your cryptocurrencies and make you weekly and monthly profits. You only pay them 20% as commission

@Anna-de8pd 3 жыл бұрын

message Rutherford investment company on whatsapk with that number..

@Anna-de8pd 3 жыл бұрын

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@matthewsalvador9783 3 жыл бұрын

Great video, I subscribe. Your explanation was on point with a hint of experience. I used to do this but I quit it for no good reason. Oh by the way you’re glowing.

@franciscagomes3323 2 жыл бұрын

Loved this video so much!!! I am in college and starting my first job, this helped me so much!

@thekamixcx 2 жыл бұрын

Good luck Francisca!

@ReeceCaruso 4 жыл бұрын

Great suggestions, Such an important topic to talk about! great job breaking it down!

@thekamixcx 3 жыл бұрын

Thanks so much for the compliment!

@raulcardo5659 3 жыл бұрын

Probably the best budgeting video I’ve come across lol thanks!!

@thekamixcx 4 жыл бұрын

Hi! This video took HOURS to process so that's why It's going up on a Friday instead of Thursday like it was supposed to :). Thank you so much for watching & don't forgot to turn your quality to 1080p for a smoother looking video lol.

@john-paulcabral4670 2 жыл бұрын

i love this vid , and i think you’re super cute too 🙈🐶

@yosanyonas2150 2 жыл бұрын

This helped me so much, I’m starting my first stable income and budgeting and saving is just so hard. Also we’re the same age and have the same birth month.

@thekamixcx 2 жыл бұрын

Omg!! So glad I could help!

@alexmiesch4578 3 жыл бұрын

This was so helpful, thank you so much for sharing !!!

@thekamixcx 3 жыл бұрын

I’m so glad I could help. Thank you!

@Laurar207 3 жыл бұрын

Wow this was very helpful! I have never budgeted before and most videos don’t explain well their whole process like in detail as far as what they actually spend 👏👏

@thekamixcx 3 жыл бұрын

Glad you liked it!

@ZachGinnOfficial 4 жыл бұрын

Love your unselfish work Kamilla! 💪

@thekamixcx 4 жыл бұрын

Thanks Zach!

@sthapanasithlong1557 2 жыл бұрын

This is a good budgeting technique. Keep up the good work!

@thekamixcx 2 жыл бұрын

Thanks so much!

@pilarwilson3057 Жыл бұрын

Excellent beginning budgeting tool!

@ItsJustMea 3 жыл бұрын

This video was so helpful!!! I'm about to turn 16 and get my first job and saving is so important to me. This taught me so much more then my personal finance class!.Thank you so much!!

@thekamixcx 3 жыл бұрын

I'm so happy I was able to teach you something useful lol. I am a big advocate for young adults becoming knowledgable about finances and budgeting so you literally just made my day with this comment! i'm thinking of possibly doing a series on all finance topics aside from budgeting like taxes and retirement accounts and investing since I'm currently taking a class on it all. I'm just not sure if it's actually something I want to do and people would want to see

@ItsJustMea 3 жыл бұрын

@@thekamixcx Obviously I can't speak for everyone but I would definitely watch it. Sounds like a great idea.

@mizbootsie8175 2 жыл бұрын

Thank you for this video. I sent it to my niece. She thinks her "old" aunt (44) cannot understand what its liked to be young and budgeting.

@thekamixcx 2 жыл бұрын

This made my day! 44 is in no way old. If my mom were to see your comment she’d have a heart attack because that means SHE’S considered old too! I hope I can help your niece with starting her journey to financial stability! Who knows, she might end up being able to retire in her 30s!

@keeks02002 2 жыл бұрын

loved this!

@Brwngrly 2 жыл бұрын

Love this video

@truongtrong1162 2 жыл бұрын

I think it'd be really useful for some people that need to earn extra cash to to save for college and even supplement family income. for them, taking a part-time job isn't a matter of choice but necessity. but for others, including me, working a part-time job is necessary if it could help them progress in terms of their career goals.

@stephaniecollazo4515 4 жыл бұрын

love this! ☺️

@thekamixcx 4 жыл бұрын

Stephanie Collazo thank you! ❤️ girl... it was DAYS editing this so I’m glad you liked it ;)

@susiedees 4 жыл бұрын

Thank you for teaching me how to budget Queen! 💰

@thekamixcx 4 жыл бұрын

Susie Deniz yes sis! You’re welcome!

@Anna-de8pd 3 жыл бұрын

I invested with Rutherford investment company last month and I already withdraw almost $10k from my investment of 1k with them..

@Anna-de8pd 3 жыл бұрын

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@rachelw3533 6 ай бұрын

Thank you!

@myimaginationstories9755 3 жыл бұрын

Thanks for the tips💃💃💃💃

@rachelw3533 6 ай бұрын

oh Feb birthday? Happy early birthday!

@LifeWithLayan 4 жыл бұрын

Your so cute i love your energy and also this is so helpful for when im older :)

@thekamixcx 4 жыл бұрын

Thank you so much! I hope this helps you in the future. TRUST ME: start young and you will never have to worry about anything financially

@snoopdogg222 3 жыл бұрын

@@thekamixcx could I get your Snapchat?

@NirtyDigger 2 жыл бұрын

@@snoopdogg222 thats hot

@guppy8073 3 жыл бұрын

This was very helpful, thank you! A bit of an irrelevant question, but I’m trying to get into makeup and I found your look very simple but pretty. Do you remember what products you used in this video?

@thekamixcx 2 жыл бұрын

Hey! Thanks this. I used to use the colourpop tinted moisturizer, then pink color corrector under my eyes from urban decay, light Maybelline concealer, the blush I got from Walmart it was just a cheap blush, then my highlight is most likely also a colourpop stick highlight

@hazellincons7139 Жыл бұрын

1:48 yess same i mean notebooks are like books with no writing on it and its addicting.

@m.florencia8320 Жыл бұрын

OMG. You get me. ❤️

@drewfisk8163 4 жыл бұрын

Quality content. Thank you for the useful knowledge! #MyMindIsABank

@thekamixcx 3 жыл бұрын

Thanks Drew 😂

@manahilkhalid377 Жыл бұрын

Helped so much

@DylanZucker 3 жыл бұрын

really helpful but super long 😬 loved the 'sinking funds' idea.

@joam8300 2 жыл бұрын

It's 17 minutes. 🤦🏻‍♀️ How is that long hahaha

@audny-cashaestewart9023 3 жыл бұрын

Thank you so much for this!!

@thekamixcx 3 жыл бұрын

I’m glad I could help!

@thewolfoflondon8141 2 жыл бұрын

“If you don’t budget your spending you’ll spend your budget”

@glendasworld4125 3 жыл бұрын

$500 each paycheck? I make only like ~$200 per paycheck working part time as well.

@yungranza592 3 жыл бұрын

Commenting for algorithm 🥳

@thekamixcx 3 жыл бұрын

❤️❤️❤️❤️

@chlochlo8207 Жыл бұрын

Thanks for this

@chlochlo8207 Жыл бұрын

I took notessss

@thekamixcx Жыл бұрын

Love that for you & good luck on your budgeting journey!!

@chlochlo8207 Жыл бұрын

@@thekamixcx thank you love!

@momentumnewsco Жыл бұрын

You should do more content like this!

@thekamixcx Жыл бұрын

I'd LOVE to, but I don't really know what else to do budgeting/finance wise except for this lol. No other video ideas come to mind

@macejowski Жыл бұрын

@@thekamixcx building credit, investing, high-yield savings accounts, digital budgeting, etc.

@joana3490 2 жыл бұрын

do you keep the sinking funds money on your normal account? because that's where my problems start, if I leave it all there then I'll lose track of what I'm spending where but I also don't want to carry my money around in envelopes or wtv because 1. it might get stolen and 2. I buy a lot of my essentials online

@thekamixcx 2 жыл бұрын

Definitely go watch my new video bc yes i do keep the money in all of my debit/savings accounts right now, but I show you how I break it down every paycheck so I know my balance of everything!

@ghalibahmed6676 3 жыл бұрын

great video but I got a question. how on earth is your car insurance only $100?

@thekamixcx 3 жыл бұрын

HAHA thanks. So, I got my car off of craigslist and paid in full after saving so I wouldn’t have payments. I have a clean record after driving for 5 years, thankfully, and I was able to get the “good grades” discount they give to students after sending my transcripts since some insurance companies do that. I also have liability insurance, not full coverage, so that shaves some off

@nguyendiemquynh1328 2 жыл бұрын

you are so cute and your video is wonderful as well. Thank you so much

@thekamixcx 2 жыл бұрын

you’re cute 🥰 thank you for watching

@thetongueofangels1882 3 жыл бұрын

Lmao this is so cute😅😅❤

@its404ty6 Жыл бұрын

😢😢 i get 8 dollars an hour and my job is closed on the weekends

@sydneyp7867 Жыл бұрын

Me as a 26 year old seeking out budgeting advice I’m desperado

@abicooks Жыл бұрын

U are not !

@zaderq1 Жыл бұрын

07:18 - sure, that’s the reason why they lock down.

@_.ewoma._ Жыл бұрын

Wait, you pay for credit cards??

@thekamixcx Жыл бұрын

girl.... you have to pay back the money on credit cards that you've spent

@_.ewoma._ Жыл бұрын

@@thekamixcx oh sorry🤦‍♀️ I thought I saw debit cards😂

@thekamixcx Жыл бұрын

@@_.ewoma._ Hahaaha no worries ;)

@saerah3291 2 жыл бұрын

where are u getting $200 rent omg!??

@thekamixcx 2 жыл бұрын

Living with parents lol. But, if you get a few roommates you can currently have rent down to $450 if splitting between 4 people in LA, depending on the area of course

@naina8079 2 жыл бұрын

@@thekamixcx your parents make you pay rent?

@hotgirlsarehot 3 жыл бұрын

Once you get more subs, your savings will have an extra zero at the end

@thekamixcx 3 жыл бұрын

HAHA I sure hope so ;))

@rowaiida1443 2 жыл бұрын

Thank you camila... this is so useful and easy to understand as i´m planing to study in US in the near future.Really appreciate your details cuz it´s easier for international students.. who are completely new to the US world of banking,saving n stuffs🤞😆 Congratulations!!You´ve got a new subscriber!!🤍🥳

@thekamixcx 2 жыл бұрын

Thank you so much! I’m glad this was helpful and that you enjoyed. Thanks so much for subscribing!