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99% OF PEOPLE SAVE MONEY THE WRONG WAY

@style11_2

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32.7K

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Why it worked

The video uses a strong hook with a visual of cash and a bold claim about saving money, directly addressing a common financial concern. The creator's direct and assertive tone, combined with practical advice, likely resonates with viewers seeking financial improvement.

Summary

The creator argues that most people save money incorrectly by prioritizing bills over personal investment. They suggest a 50/20/30 budget, where 30% is invested in assets and 20% is saved, emphasizing the importance of living below one's means to achieve financial goals.

Structure

1Introduction with money display
2Challenging the impossibility of saving without a high-paying job
3Explaining the 50/20/30 budget rule
4Criticizing prioritizing bills over saving/investing
5Advocating for living below one's means

On-screen text

99% OF PEOPLE SAVE MONEY THE WRONG WAY

Transcript

Here's $10,000 for you guys. Just to show you guys the proof. And if you believe that saving 10k without a high paying job is impossible, you're wrong. Rule number one, pay yourself. You can use your 50, 20, 30 method, however you want to do it. Your 30% can be investing, can be buying assets, things of that nature. Your 20% can be simply saving. Think of it like this, a lot of you guys, when I say pay yourself first, a lot of you guys let your bills take all of your money. And this is what I like to say about that. A lot of people like, well, it's my bills, I have to get them paid. You guys need to live below your means. If you plan on saving money, it's not about saving 10k. If you plan on living your life and saving any type of money at all, you're going to have to live below your means until you get there. It's just only until you get there. Don't look at it like this is a punishment.