In this video, I’m showing you how I am able to save 97% of my income as a 29 year old entrepreneur in Southern California. In the last month, I spent under 3% of my income on personal expenses including rent, food, and other miscellaneous expenses. The rest is saved, goes into my business, or goes directly into investments like stocks, crypto, and real estate.

Of course, the main reason I am able to save such a high percentage is because I raised my income this past year significantly. That, and being selectively frugal. You’ll find that it’s easier to increase your income by $10,000 than it is to save $10,000. However, it doesn’t mean you can’t do both :) So I’ll be going through what I do to make sure only 3% or less of my income goes to personal spending.
📺 The video in this post was made by Charlie Chang
The origin of the article: https://www.youtube.com/watch?v=EG81mcbAkDI
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
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