Any tips on how to save up to the last penny? I'm at college but working a part-time job flipping burgers. I live with my parents, so food and rent are something I don't need to be worried about. I almost never go out, and I use public transport most of the time to move around.Any advice you could give me?
>>32333355create a spreadsheet and document everything you have ever >spent money >earned moneyon from as far behind as you can, with dates, and explanations why, and if it was worth it or not and then extend your spreadsheet forward into the future for as long as you think possible you ever live and document your earnings and cost expectations and see if you can notice any patterns in your financial history and how this can be optimized. Even better is that you can feed this spreadsheet to an AI like claude or chatgpt for tailored advice
>>32333355Your goal should be to budget and invest. 'Saving' money is a waste of time. This isn't 1981, savings are worthless, money kept in your savings account just rots and loses value. 401k IRA, HSA, and a very small nest egg -- bare minimum.
>>32333415OP, in a roundabout way this guy is right, but having cash on hand can be lifechanging, even if you don't spend it. "F.U. money." Only you can decide how much F.U. money you need, but once you have it, be it 2k, 5k, 10k or whatever, your view on life will probably change for the better. Not to say it's a ticket to go ahead and be a retard. But if you hustle just a little bit now, you can go out into the world and be able to float right over problems like random car maintanence, rent depositits, annoying doctor bills... shit that keeps 50 year olds up at night.If you don't have any special goals in mind you should definitely try to set up automatic withholding into a retirement account. The tax advantages are silly and it requires no special discipline whatsoever. Your shit job won't have any special benefits like matching, but you don't need an employer 401k or anything like that; you can set up a roth yourself and you should be able to get withholding set up quickly. Set it high, allocate the money to some index funds and forget all about it. I mean, don't forget where the account is (people do this)The #1 thing though: learn to see money objectively. Remember how annoying it was to get your hands on: "would I really work another hour at my shit job for this one sandwich?" Well, when you buy one, you just did. But don't nickle and dime yourself just to turn around and spend $500 without thinking about it: people don't usually think about how much they're spending, they think about how much "feels" like the right price, or a good deal. They'll throw a fit over the cost of chicken tendies but throw $3k more at a (slightly) nicer car without stress. Doing a little back of the envelope from time to time will reveal big areas of spending that just don't make any sense.Remember: you go out and work for your money. You didn't just wake up one day with a job, and the money doesn't just appear in your account every two weeks.
>>32333355https://m.youtube.com/watch?v=QT3fOMJdfbchttps://kingjames.bible/John-1https://m.youtube.com/@theghettogospelteam/
